Beijer Ref AB (publ) (BEIJ_B) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Beijer Ref Ab Class B.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:02.655 We went through double digits in the quarter. 00:00:02.655 -- 00:00:04.895 SM Frigo, 00:00:05.158 -- 00:00:10.586 very good order. Backlog continued to be active, strong, especially 00:00:10.586 -- 00:00:12.529 in EMEA. 00:00:12.529 -- 00:00:16.054 Got our first or continue to get orders in the US. 00:00:16.054 -- 00:00:19.259 We continue to build the organization in the US. 00:00:19.259 -- 00:00:24.278 So very interesting for the future. and a little bit weaker in the APAC 00:00:24.278 -- 00:00:29.568 region, especially in the food retail, but still some nice opportunities 00:00:29.568 -- 00:00:32.513 also in Asia that we addressed on the OEM. 00:00:32.513 -- 00:00:37.522 So continue to be positive on the green OEMs, continue to grow double digits as 00:00:37.522 -- 00:00:44.051 we go forward. Moving on to the next slide, focusing in a little bit on EMEA. 00:00:44.581 -- 00:00:49.608 Good quarter in EMEA, 17% growth, stable on the organic 00:00:49.608 -- 00:00:51.450 side. 00:00:51.450 -- 00:00:57.177 We continue to do well here on acquisitions, good growth in Eastern Europe, 00:00:57.177 -- 00:01:02.264 and also seeing a good trend there in June and July across, I would say, all 00:01:02.264 -- 00:01:07.290 regions in EMEA. So very happy to see some higher activity levels on 00:01:07.290 -- 00:01:13.198 there. OEM, as we said, on the SEM Freedom Fender, continue to do well 00:01:13.198 -- 00:01:18.680 in the business. Record margins in the quarter driven 00:01:18.680 -- 00:01:25.269 by good strategic initiatives on the private label side, but also on purchasing. 00:01:25.269 -- 00:01:30.235 So we continue. I mean, EMEA had, I would say, a fantastic quarter here in Q2 and started 00:01:30.235 -- 00:01:35.822 well here in Q3 as wel...