Addnode Group AB (publ) (ANOD_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Now I will hand the conference over to the speakers. Please go ahead. Hello, everyone, and welcome. I'm the CEO of Adam Group, Johan Andersson. And with me, I also have Kristina Elström-Mackintosh, the CFO of Adam Group. Together, we will introduce you to our interim report for Q2, and we will also end with a Q&A. For those of you who are new to Anigroup, I would like to inform you that our reporting currency is Swedish crowns. As you can see, the agenda for today. Before we start with the interim report, I would like to remind us of what Anno Group is all about. Our purpose is all about digitalization for a better society. Through innovation and continuous development in close collaboration with our customers, we create digital solutions for specific needs. The software and digital solution that we provide helps to design buildings, infrastructure and cities, and also the products that we all use every day, like cars and all the way to life science instruments. When things have been designed and built, it needs to be maintained with a lifecycle perspective. And the public sector has a responsibility for rules and regulations. Our digital solutions make all this possible. I would like to start by presenting the Q2 result on the higher altitude. All Admin Group had a good performance in the second quarter of 2025 and EBITDA improved compared with the year earlier period. From a group perspective, the market trend was stable in the Nordic countries, the UK and the US, while the German market remains weaker. EBITDA improved significantly to 238 million compared to 162 million last year, corresponding to an EBITDA margin of 16% compared to 8% last year. The increase in underlying earnings was partly strengthened by early renewals of three-year agreements in the design ma...