BioGaia AB (publ) (BIOG_B) Q2 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a04236-1277-7453-8972-ba236b419a2b Created: 2026-08-27T07:53:56.567Z Duration: 1472.9143 Channels: 1 00:00:00.000 -- 00:00:02.960 Hi, this is Theresa Agnew, CEO of BIOGaia, 00:00:02.960 -- 00:00:05.280 and I am here with Alexander Kotzinas, 00:00:05.520 -- 00:00:07.839 and we are here to present our Q2 00:00:07.839 -- 00:00:09.759 results for 2026. 00:00:10.559 -- 00:00:12.799 So some of the highlights of the quarter: 00:00:13.280 -- 00:00:17.199 our growth, excluding currency effects, was 12% 00:00:16.375 -- 00:00:17.815 versus a year ago, 00:00:18.055 -- 00:00:20.455 and our EBIT margin is 30%, 00:00:20.615 -- 00:00:23.735 with an adjusted EBIT margin of 33% 00:00:23.735 -- 00:00:24.695 for the quarter. 00:00:26.615 -- 00:00:29.500 Overall, our net sales reached SEK441 00:00:29.500 -- 00:00:30.060 million, 00:00:30.539 -- 00:00:33.260 as I said, with growth excluding currency effects 00:00:33.260 -- 00:00:34.860 of 12%. 00:00:35.579 -- 00:00:38.620 Specifically in the regions, in Europe, Middle East, 00:00:38.620 -- 00:00:39.339 Africa, 00:00:39.500 -- 00:00:41.980 our sales increased by 21, 00:00:42.059 -- 00:00:45.735 excluding currency effects. In The Americas increased by 00:00:45.735 -- 00:00:46.855 16% 00:00:46.855 -- 00:00:48.535 excluding currency effects, 00:00:48.775 -- 00:00:52.695 while Asia Pacific decreased by 6% excluding currency 00:00:52.695 -- 00:00:53.415 effects 00:00:53.495 -- 00:00:55.095 due to order variability. 00:00:56.050 -- 00:00:58.850 Our operating profit in the quarter was SEK132 00:00:58.850 -- 00:00:59.570 million, 00:01:00.130 -- 00:01:02.450 which is an increase of 22%, 00:01:02.770 -- 00:01:05.170 and our EBIT margin was 30% 00:01:05.250 -- 00:01:07.010 versus the 27% 0...