Beijer Ref AB (publ) (BEIJ_B) Q2 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a04235-496b-7421-bdba-2e08f86c6ccb Created: 2026-08-27T07:53:07.782Z Duration: 3111.288 Channels: 1 00:00:00.160 -- 00:00:01.440 Welcome everyone. 00:00:02.240 -- 00:00:05.279 Christopher and Joel here on a beautiful summer 00:00:05.279 -- 00:00:06.080 day. 00:00:06.399 -- 00:00:08.559 Looking forward to present the result 00:00:08.880 -- 00:00:11.280 and then as usual we'll finish off with 00:00:11.280 -- 00:00:12.960 some Q and A at the end of 00:00:12.960 -- 00:00:13.920 the presentation. 00:00:17.405 -- 00:00:20.605 So starting a little bit of summary of 00:00:20.605 -- 00:00:23.085 the quarter. Of course we like the heading 00:00:23.085 -- 00:00:25.645 of another record quarter. And as you know 00:00:25.645 -- 00:00:27.165 when we put all of our business together 00:00:27.165 -- 00:00:27.965 Q2 00:00:28.590 -- 00:00:31.950 driven by EMEA is the strongest quarter 00:00:31.950 -- 00:00:32.830 of the year. 00:00:34.030 -- 00:00:36.830 So we had a 6% growth of sales 00:00:37.710 -- 00:00:39.790 about 1% organic 00:00:39.790 -- 00:00:41.790 of that 6% the rest acquisitions. 00:00:43.925 -- 00:00:46.085 And also as we stated a little bit 00:00:46.085 -- 00:00:46.805 before, 00:00:47.285 -- 00:00:50.004 we're now coming to the end of very 00:00:50.004 -- 00:00:52.164 strong comps from Eastern Europe 00:00:52.165 -- 00:00:55.445 driven by some inventory issues in Eastern Europe 00:00:55.445 -- 00:00:57.285 last year. So as we move forward in 00:00:57.285 -- 00:01:00.140 out to Q3 and Q4, that'll be fading 00:01:00.140 -- 00:01:00.780 off. 00:01:06.140 -- 00:01:08.620 And that's also why we stated we just, 00:01:08.780 -- 00:01:12.140 for East Europe, the underlying organic growth, was 00:01:12.140 -- 00:01:14....