Boozt AB (publ) (BOOZT) Q2 2026 Earnings Call

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WEBVTT 00:00:00.151 -- 00:00:05.514 PARTICIPANTS ARE ABLE TO ASK QUESTIONS BY DIALING POUND KEY 5 ON THEIR TELEPHONE KEYPAD. 00:00:05.514 -- 00:00:11.038 NOW I WILL HAND THE CONFERENCE OVER TO CEO HERMAN HERROLDSEN AND CFO MICHAEL BURGBY. 00:00:11.038 -- 00:00:13.119 PLEASE GO AHEAD. 00:00:13.119 -- 00:00:18.623 THANK YOU AND GOOD MORNING TO ALL AND WELCOME TO OUR Q2 2026 WEBCAST. 00:00:18.623 -- 00:00:23.245 SO LET'S JUST TURN TO THE FIRST SLIDE, THE AGENDA. 00:00:23.245 -- 00:00:27.935 SO FOR TODAY'S PRESENTATION, WE'LL FOLLOW OUR USUAL AGENDA. 00:00:27.935 -- 00:00:32.399 I'll take you through the highlights and the strategic developments, 00:00:32.399 -- 00:00:35.342 and then Michael will walk you through the numbers in detail. 00:00:35.342 -- 00:00:39.005 So please move on to the next slide. 00:00:39.005 -- 00:00:43.169 When we started in 2026, our ambition was clear. 00:00:43.169 -- 00:00:47.031 We wanted to get back to double digital growth. 00:00:47.031 -- 00:00:52.154 We were quite confident that the initiatives we had put in place in 2025 were the 00:00:52.154 -- 00:00:57.497 right ones to position us strongly in the market and that they would bring us 00:00:57.497 -- 00:01:00.078 our growth momentum back. 00:01:00.078 -- 00:01:04.961 So this is why I'm very pleased that the results came through even faster than we expected. 00:01:04.961 -- 00:01:11.724 We grew 13% in the second quarter and we almost doubled our EBIT margin to 6.5%. 00:01:11.724 -- 00:01:18.427 And this was a broad-based performance with every major category and every market contributing. 00:01:19.232 -- 00:01:21.673 Behind the quarter, there were three main drivers. 00:01:21.673 -- 00:01:26.855 The first is our new assortment strategy, which is broader 00:01:26.855 -- 00:01:32.117 and more...