Asetek A/S (0QDT) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Aztec's Second Quarter 2025 Earnings Conference call. Please note that this call is being recorded. After the speaker's prepared remarks, there will be a question and answer session. If you'd like to ask a question, please use the Ask a Question box on your screen. I'd now like to hand the call over to Peter Madsen, CFO. Please go ahead. Thanks, Ellie, the operator. for handing over the word to this Q2 2025 ACETech presentation. My name is Peter Madsen. I'm the CFO. I'm in the room here with André Slot-Eriksen, who is our founder and CEO. Good morning, André. Hello. And we will report to you the report and the presentation that our board met about and discussed this morning and subsequently approved for us to release. As Ali just said, if you have questions, please find the spot on your screen that says something about Q&A and then type in your questions there and then we will see them and respond to them after the presentation. Disclaimer, this is the first one, please read and understand. And then we hand over the word here, the microphone to Andre. Yes, let's look a little bit on the highlights of the quarter. So sequential increase in liquid cooling revenue along with the new mid-market product line that's been well received so far with shipment starting at the end of the year. Of course, I almost dare to say our simsports revenue was impacted by the US import tariffs just like we had expected. We see a group level gross margin of 45% level with the same quarter last year. I'll get back to it in a minute, but tomorrow I am actually flying out of here in a few minutes. I'm going to Gamescom where we will be launching a new mass market product. And yes, we maintain our guidance for the year. Next slide, please. So on the liquid cooling side, we...