Bulten AB (publ) (BULTEN) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's Finwire presentation with Bulten. After the presentation, there will be a question and answer session. So if you have any questions, you can submit them in English using the form on the right. With that said, I'll hand the floor to you. Please go ahead. Thank you and welcome everybody to our Q2 call here at Bulten. I look forward to an engaging session at the end with some Q&A. Hopefully there are some questions from you in the audience you're listening in and we will get back to them at the end, as we said. So today we will talk about our second quarter, but also have a bit of a touch point on the transformation that we are undergoing at the moment. As you have heard, we have announced the news that we are divesting our Tianyin plant. which is an automotive contract manufacturing business, and also our four plants in Europe that are contract manufacturing businesses focused on automotive. This is quite a big step for Bulten. We will focus on that first, then we'll go into the Q2 highlights and speak a little about the future portfolio and some financials, and then we open up for Q&A in the end. So for those of you who follow Bulten more closely, you may remember that last year around this time we announced that we will undergo a strategic review of our business. We talked about that we want to have a look at our industrial footprint to see what makes sense to keep for us as Bulten. We were targeting a group with the biggest share of value adding activities. We were looking to become a bit more asset light and find a way to become a company that generates more profit and more cash. And that review has been going on since. I think the first step for us is that we decided to have a look at our engine operations where we had a JD up in Jamna...