Bittium Oyj (0JG5) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to this webcast. My name is Karolina Malme, and I'm Head of Communications and Sustainability at Bittium. And with me here are our CEO, Petri Toliemo and CFO, Petri Hiliane. Today, we are going to talk about our financial development of the second quarter of this year and the first half of this year and, of course, the main events resulting to the results. And at the end of the presentation, we have reserved some time for the Q and A. So any time, if you have questions, you can place them through that Q and A button on your screen. And at the end, we will go through your questions. And before we start today about forward looking statements, They may have risks and uncertainties and may occur differently. So bear that in mind. But without further ado, I will let Petri you to start. All right. Thank you, Carolina. So I'll start with the highlights for the second quarter twenty six. So first, our net sales grew 60%, EBITDA was 27.5% and operating profit was 22.2% of the net sales. Our operating cash flow was €8,800,000 our new orders order intake was €46,300,000 and we have personnel at the end of the Q2 five seventy five employees. Let's then look the first half. Net sales growth was 37.2%, EBITDA twenty two point three percent of the net sales, operating profit 16.6% of the net sales operating cash flow €36,900,000 new orders €81,000,000 and our order book €102,200,000 And I'll summarize this briefly, the first half. I think that our financial performance was excellent, both on the net sales and operational results. We were within company's strategic long term financial goals. Also the technology leadership and future investments through the new product launches and strategic partnerships, I think that we are progressing pretty well...