Arjo AB (publ) (ARJO_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the ARJO Q2 presentation for 2025. During the questions and answers session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now I will hand the conference over to Interim President and CEO Niklas Choseverd and Interim CFO Christopher Carlson. Please go ahead. Thank you and good morning to everyone and welcome to ARJO's Q2 2025 earnings call. With me here today, I have, as you heard, Kristoffer Karlsson, our Interim CFO. We will give you some details on the Quarter 2 report that we released an hour ago. And the agenda looks as usual, includes a summary of activities and results from Quarter 2, the balance sheet items and the outlook for 2025, before we open up for questions. We intend, as always, to keep this call to an hour and finish no later than 9 CET. Next slide, please. We closed the quarter in a solid way and could see how demand continued in the quarter with organic net sales growth in line with our targeted range. We had continued strong momentum for our service and rental business and now also supported by growth in our capital sales. Our North America business is the growth engine in the quarter too, while global sales is held back due to difficult comparisons. And we closed the quarter with 3.0% organic net sales growth. And in addition, as a positive sign for the second half of 2025, this net sales development is supported by a significant stronger order intake growth. In our largest market US, we continue to see a positive development, and this is related to a combination of our internal efforts to create a more focused US sales organization, as well as the financial situation and staff shortages improving among our customers. In global sales, we had difficult comparisons with last year, with a stro...