Bittium Oyj (0JG5) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to this webcast on Bittium's half-year financial results. My name is Karolina Malmi and I'm the Head of Communications and Sustainability at Bittium. And with me here today is our CEO Petri Tolema, who has started leading this company in the beginning of April this year. But before I hand over to you, Petri, I'd like to remind you all we have reserved some time at the end of the presentation for Q&A. So please use the Q&A box on your screen to write us questions and we will answer them at the end. But now over to you, Petri. Thank you, Carolina. Good morning and thank you for joining us today. So my name is Petri Tolemo. I started this 1st of April as the CEO of Bithium. I'm excited about my new role as the CEO. I was six years with the board of the directors of Bithium, and I see a lot of opportunities, especially on the defense side for Bithium to grow. Based on my background, I believe I'm in a good position to help Bittim to take ourselves to the next level. So first, a few forward-looking statements. Some statements made in this material are relating to the future circumstances and by their nature. Those forward-looking statements involve risk and uncertainty, and therefore Bittim Corporation disclaims all obligations to update such forward-looking statements. Then we will call the final sales results for the first half year. So our net sales and order grew significantly. So the second quarter, net sales grew by 15.6% year on year, and we were at 22.9 million euro. So then looking for the business segments, what we have, so the defense and security, net sales grew by 19.4%, and order intake grew significantly to 20 million euros. Medical business segment net sales grew by 4.5% and order intake grew to 4.6 million euros. Engineer...