Bufab AB (publ) (BUFAB) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and good afternoon everyone, and a warm welcome to Dufab's Q2 report. My name is Erik Sjölin, President and CEO of the Dufab Group, and together with me here today, I have Markus Hjelberg, Group CFO. By attending this meeting, you accept that this meeting will be recorded. I will stop this presentation to go through our highlights in the quarter, and then leave the word over to Markus for some financial details. After that, I will sum up our performance in each region, some group news, and then at the end, sum up the quarter and also time for Q&A. If we then start with the highlights in the quarter, I'm overall pleased with our performance. We did a good job with the growth. We continue to execute very well on our strategy, with a clear focus on value creation for our customers. We have growth at a strong 5.3%, in line with our growth targets, and with a positive development in all regions. The growth was mainly driven by increasing market shares, with positive contributions from a previously communicated larger project. Underlying demand remained cautious during the quarter, so good demand in sectors such as energy due to infrastructure and defense, while demand in construction, kitchen and bathroom, and automotive industry remained weak. Both gross margin and operating margin reached high levels in the quarter, The gross margin improved by 2.1 percentage points and reached high 33.2%. Over the 12th last quarter, we have an improved gross margin compared to comparison quarters, and we expect this trend to continue throughout 2026. The drafted operator margin amounts to a strong 14.7%, which means that we now have consistently improved our probability compared with the previous uh, year over the past seven quarters. All regions and almost all of our sist...