BTS Group AB (publ) (BTS_B) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

So welcome to this presentation with BTS after the Q2 results. So with us today, we have Jessica Skåne who will do a short presentation and then we will move on with some Q&A. So please go ahead, Jessica. Super. Thank you. Hi, dear investors. Hope you're having a nice summer calling in today from San Francisco. Pleased to report our second quarter results. Basically, one more quarter of profit growth. So across the group, 9% revenue growth, currency adjusted, 13% profit growth, and EBITDA margin improvement from 11.7 to 12.3. Reasons for that? UTS North America is back to strong profitability. Maybe I'll pause and see if someone can mute the lines. Is that possible? Should I keep going or should I pause? at the end of the presentation, the Q&A session will follow. Okay, starting again now. Sorry for that interruption. Q2, one more quarter of profit growth. Revenue 9%, EBITDA 13% growth, EBITDA margin and improvement from 11.7% to 12.3%. North America continues to perform, so back to strong profitability again in the second quarter. Europe continues to deliver really strong growth. BTS Other Markets, still struggling in the second quarter, similar to the first, but we believe is on track to recover. And AI continues to drive really fast revenue growth for us, and we feel very differentiated as an AI partner to our clients. If we double click into BTS's biggest unit, BTS North America, where we had the turnaround starting in the middle of last year, second strong quarter in a row, back to strong profitability. REVENUE IS SUPER NICE TO SEE THE BIGGEST UNIT GO BACK TO DOUBLE DIGIT ORGANIC REVENUE GROWTH PROFITABILITY UP 60 PERCENTAGE POINTS BACK TO 37.5 EBITDA MARGIN NICE IMPROVEMENT FROM LAST YEAR AND YOU KNOW WE STILL ARE EXPECT THAT TO CONTINUE TO INCREASE I CAN EXPLA...