AB SKF (publ) (SKF_A) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

So welcome to our Q2 2026 earnings call. Once again, we navigated well in markets with mixed demand and our strong underlying margin was mainly driven by our specialized industrial solutions segment, which grow in targeted areas, including aftermarket. I'm Sofia Arneus, heading up Investor Relations. And with me here in the room, I have our CEO, Richard Gustafsson, and our CFO, Susanne Larsson. After their presentations, there will be opportunities to ask questions. Let me just remind you how you do that. There are two ways to ask questions. If you have joined via the telephone, you can at any time press star and one to ask a question. If you are instead watching this call via the webcast you can also during the call here type in your questions via the question tab which you find above these slides. So without further ado let's get started here and it's a great pleasure to hand over to you Rickard. Thank you very much, Sophie. And good morning, everyone. And thank you for joining us for this earnings call. Starting on the first page and draw your attention to the up right corner with the bar chart where you see that also in this quarter we are in the positive organic growth territory. And this quarter we report an organic growth of 1.4%. It's driven by strong growth in Asia and also across our segment specialized industrial solutions. We do see a remaining and generally soft demand in Europe, whilst the OEM market in Americas shows early signs of improvement driven by certain industrial verticals. Profitability-wise, we have a strong quarter. The adjusted operating margin improves to 13.9% in the quarter. And there are some key drivers behind this. Firstly, we do see a significant uplift profitability-wise in our specialized industrial solution segment. Secondly, our...