Autostore Hldgs Reg S (AUTSF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to AutoStore's fourth quarter 2025 presentation. My name is Siva Florskjær and I'm the Investor Relations Officer at AutoStore. I'll be moderating today's session. I'm joined by our CEO Mats Hovland-Vikse and our CFO Paul Harrison, and they're standing ready to walk you through this quarter and answer your questions. 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. Moving on to the agenda. Maths will begin with an overview of our operational performance and strategic progress. Paul will then walk you through the financial results in more detail. will follow with a live Q&A session. So you can submit your question via the webcast player, or you can raise your hand in the Microsoft Teams to ask your questions directly. The link is available in the Teams meeting. That was the invitation that was sent a couple of weeks ago. So after the Q&A, Mats will round off with some final remarks. And as a reminder, All our figures are stated in US dollars. So with that, Mats, over to you. Thank you, Hiva. So fourth quarter marked a strong finish to the year. Look, we can all agree that 2025 has been a volatile year, but it is now clear that the actions that we have taken are starting to show through in our results. In Q4, revenues grew 29% sequentially and 9% year-over-year to 180 million. Order intake increased 27% sequentially and 35% year-over-year to 194 million. Moving to profitability, we maintained our strong gross margins at 74% and our EBITDA margin ended at 43%. If we look at it through a full year lens, revenues ended at 539 million, down 10% compared to 2024. And as we stand here today, we still observe a market that holds a lot of the same characteri...