Autostore Hldgs Reg S (AUTSF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

My name is Hiva Florskjær and I'm the investor relations officer at Autostor. Our CEO Mats Havland-Viksen and our CFO Paul Harrison are standing ready to talk to you about this quarter and subsequently answer any questions you have. I'll be moderating today's session. As usual, we would like to remind you of the disclaimer in regards to forward-looking statements. It can be read here at your own convenience. Moving on to our agenda. Mats will begin with an overview of the operational performance and strategic progress. Paul will then follow up with presenting the financial results in more detail. We'll follow up with a live Q&A session and you can submit your written questions in the webcast player or raise your hand in the Microsoft Teams to ask questions directly. The link to the Microsoft Teams meeting is available on our website and in the invitation that we published a couple of weeks ago. After the Q&A, Matt will round off with some final remarks. And as a reminder, all our figures are stated in US dollars. So let's get started. Matt, over to you. Thank you, Hiva, and good morning. When I last spoke with you, we were at the peak of market uncertainty. Q1 had been volatile, and that uncertainty also continued into Q2. But as the quarter progressed, we were able to identify and utilise some pockets of resilience. First, we doubled down on the opportunity that lies within our customer base, which accounted for around 60% of our revenues in the quarter. Secondly, Europe continued to be strong, representing 70% of revenue. Thirdly, we also see early positive signs with regards to demand in North America, reflected in order intake, but not fully in revenue. As we've talked about before, we strive to be closer to deals and customers, and the development in second quar...