Addtech AB (publ.) (ADDT_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

If you are listening to the presentation via webcast, you can ask written questions using the form below. Now I will hand the conference over to CEO Niklas Stenberg and CFO Malin Ennarsson. Please go ahead. Good morning and most welcome everyone to the ABTEX second quarter report presentation. The setup is as usual, that Malin and I will use approximately 20 minutes to summarize and give our comments on the results, followed by a Q&A session. Before we dig into the results, just a very quick summary of the key fundamentals of AdTech. We are a group of 150 independent and strictly decentralized companies operating in 20 countries with a clear business-to-business offering. Since 1st of October, we operate in six business areas, all with clear strategies and a value proposition centered around niche products and solutions, primarily to the manufacturing and infrastructure sectors. I will come back to more details about the reorganization later in my presentation. Our focus is to develop and grow the business organically together with our entrepreneurs and then complement and strengthen our strategic niches with acquisitions funded primarily by own cash flow. Size-wise, we have a turnover of over 22 billion SEK and run the operations with an EBITDA margin above 15%. and employ around 4,500 throughout the organization with a small and efficient central team. Let's head on to the highlights of the second quarter then. We summarize a solid second quarter with continued high overarching customer activity and a good demand situation supporting continued profitable growth. We increased our net sales by 6%, of which 4% was organic. And as we write in the report, approximately half of the organic growth is related to very strong product outcomes within industrial solutions. We ...