AQ Group AB (publ) (AQ) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, it's nine o'clock and we are going to have AQ Group's presentation for the second quarter of 2025. We start with a beautiful picture from Czech Republic. It is outside of our factory in Trutnov, which is our latest acquisition. It's a beautiful little village church and then you can see uh the billboard on the right with aq nice logo and and aq branded this is typically a typical example of aq cost efficiency we haven't changed the billboard we just put a sticker with aq logo on top of the old brand and made it in a very cheap way a very effective uh marketing board. Also beautiful picture with nice weather. I was there a couple of weeks ago. It's a very nice factory, I can tell you. Let's go on with the report. Normally, we say why we think you should invest in EQ Group. We have an earnings per share CAGR of 14% over the past 10 years. We made profit every quarter since the foundation in 1994. We have exposure to industrial market segments with underlying growth, meaning electrification, railway, defense, medtech. We also have a long history of acquisitions. We buy two to four factories per year, and the latest one being Emdex factory in Czech Republic, where we've just been, and an engineering company in Germany. Also, Mikael Lidl Trafobau in Ilsofen in Germany. were acquired in quarter one. We have an extremely strong balance sheet with the net cash position and on the right you can see the development of sales and profits over the 30 years we have been existing. Some quick facts about Deque. We're 8,000 employees, about 8.5 billion second turnover. We have seven different product areas, and we work in more than 15 market segments with production in 17 countries. We have more than 4,000 customers globally, and we made profit every quarter for 30 years, as I ...