BillerudKorsnäs AB (publ) (BILL) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Billawood Q2 Report 2025 webcast and conference call. At this time all participants are in a listen only mode. After the speakers presentation there will be a question and answer session. To ask a question during the session you will need to press star 1 and 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question please press star 1 and 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today. Lena Shatawa, Head of Investor Relations. Please go ahead. Thank you. Good morning and very welcome to this presentation in connection to the Q2 Report that we have published this morning. With me is our President and CEO Ivar Vatne along with our CFO Andrej Kles. They will hold the presentation and afterwards take questions from the telephone conference. So with that we will get started. Please go ahead Ivar. Thank you Lena and good morning everyone. And thanks for listening in this Sunday Friday at least here in Stockholm. It's a tale of two stories for a quarterly report. And I think it summarized quite well in the heading here on the slide. Another excellent quarter for region North America while we are navigating through more challenging conditions for region Europe. But let's get into the details. So next slide please. And if we start from the top we record flattened sales growth when adjusting for currency. Growth in North America and decline in Europe. A region North America continues to impress and record yet another excellent quarter. And 22% EBITDA margin is a level we are clearly happy with. In fact 22% is the highest profitability level we've had in North America since end of 2022. The situation for region...