Autostore Hldgs Reg S (AUTSF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Autostore's third quarter 2025 presentation. My name is Iva Florskjell and I'm the investor relations officer at Autostore. Our CEO Mats Havlandvikse and our CFO Paul Harrison are standing ready to talk to you about this quarter and subsequently answer your questions. I'll be moderating today's session. As usual, we would like to remind you of our disclaimer with regards to forward-looking statements. It can be read here at your own convenience. Now, moving on to our agenda, Mats will begin with an overview of our operational performance and strategic progress, including some exciting insights into this fall's product announcement. Paul will then present the financial results in detail. will follow with a live Q&A session. And you can submit written questions via the webcast player or raise your hand in the Microsoft Teams to ask your questions directly. The link to the Teams meeting is available on our website and the invitation published about a week ago. After the Q&A, Mats will round off with some final remarks. And as a reminder, all financial figures are stated in US dollars. So with that, let's get started. Mats, over to you. Thank you, Hiva, and good morning. When we met in August, we noted a more stable market environment compared to the peak uncertainty earlier this year. That stability was maintained into Q3, where the positive backlog conversion trend continued. And what we're experiencing here is a market that is still impacted by the global uncertainties, but where customers are making more progress with their plans. In this market, our strategy of becoming closer to customers is yielding results. More than half of revenues was generated from existing customers also this quarter. At the same time, we signed up around 50 new c...