AF Gruppen ASA (0DH7) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and a warm welcome to the presentation of the second quarter of 2025 for the AF Group. Today's theme is concrete mast, and will be presented to the board of directors for concrete mast and Sweden, Bård Frydenlund. After the presentation, there will be a chance to ask questions. Main points in this quarter. We had a turnover of just over 7.8 billion. We had a result before tax of 388 million, which gives a result margin of 5%. The cash flow from the drift was 580 million, and we had an order entry in the quarter of about 8 billion. The oil reserve per 36 was just under 44.5 billion, and we have a net revenue of 263 million. We'll start with safety first. In this quarter, we had one incident that led to serious personal injury without injury. We include sub-entrepreneurs in our numbers. When we divided that into millions of hours, we got a H1 value of 0.2. It is a very strong result in the industry context, but for the AF group, the goal is zero. One event is one too much. For us, everyone should be safe at home on the first day. The H2 value is relatively stable at 7.3, and the health care is weak at 4.2%. This is a trend we are not so happy with. We want health care at 3.0, because we think it says a lot about management, nutrition, work environment and productivity. If we look at the numbers for the quarter, we had a careful growth of about 2%, so the turnover ended at 7.8 billion. We have a strong improvement in the result to 388 million, and we have a result margin of 5%. We are very pleased with that. It is on demand, and thus what we are pleased with in the second quarter. Thank you very much. Thank you. I'm sorry for the technical interruption. Let's go back to the investment capital. In the last four quarters, we had a result before the tax. If we put t...