Beijer Alma AB (publ) (BEIA_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everybody, to this. I'm actually in the archipelago of Sweden. The sun is shining and it's 25 degrees in there. The first picture you see now is just a mention. It's actually from Finlamex, one of our companies in the Arctic, which manufactures windows, the front window for buses. and that's one of the businesses that are performing very well and we actually at this moment expanding the factory because the demand is higher in our capacity so now you can see it's myself and Peter Forslund CFO who will run this presentation good morning everybody And if you look at this quarter, I think we are rather satisfied with it, and we have managed to improve the profitability at some points. If we go to the two business areas, we actually only have two business areas at this moment. So Le Sjöfors has a mixed demand, and what we can see is the Nordic market is weak, where we have all type of customers in all industries. So that's a weaker market compared to one year ago. The same goes for the United States also, where the market is much weaker, and I guess it's depending on the industrial situation we have at this moment in the United States. On the other hand, for us, Asia is performing better, and Europe is growing. And so the mix ends up in a positive development for the group. As we mentioned earlier, we have one acquisition done a few years ago, that we are struggling with, that we have improved profitability, but still we have our ongoing program to make that up to our standard. And we announced earlier the cost that we'll take for that in the second, third quarter. We also have reduced staff people in Lykkefors to have a more decentralized organization where the local MDs are taking higher responsibility and also are allowed to do that. And that's a trend we...