Cargotec Corporation (0MGH) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.397 Welcome to HIEP's second quarter 2025 earnings 00:00:04.397 -- 00:00:11.003 call. My name is Aki Vesikallio. I'm from HIEP's investor relations. 00:00:11.066 -- 00:00:16.333 Our excellent performance continued, resulting in a strong first half 00:00:16.333 -- 00:00:18.176 of the year. 00:00:18.176 -- 00:00:23.784 Today's results will be presented by our CEO, Scott Phillips, 00:00:23.784 -- 00:00:28.047 and with our CFO, Mikko Puolakka. 00:00:28.263 -- 00:00:33.067 We will be making forward-looking statements in the presentation, so please pay attention 00:00:33.067 -- 00:00:35.248 to the disclaimer. 00:00:35.390 -- 00:00:40.074 With that, I would like to hand over to you, Scott. 00:00:40.074 -- 00:00:42.534 Thank you, Aki. 00:00:44.558 -- 00:00:48.702 And good morning, everyone, from my side, and welcome to our second quarter earnings 00:00:48.702 -- 00:00:50.644 call. 00:00:50.644 -- 00:00:54.487 For the quarter, I'd say we had several highlights in the quarter, a couple of which 00:00:54.487 -- 00:00:57.524 I'd like to point out here on the opening slide. 00:00:57.524 -- 00:01:01.089 Our orders received increased versus the comparable period. 00:01:01.089 -- 00:01:03.954 I'll give a bit more color on that 00:01:03.954 -- 00:01:05.897 later in the presentation. 00:01:05.897 -- 00:01:11.786 Similarly, our comparable operating profit improved from a margin perspective. 00:01:11.786 -- 00:01:16.713 I'm really proud of the team for the great execution of our operational excellence pillar, 00:01:16.713 -- 00:01:22.128 which is the key driver behind the improved profitability despite the decline in sales. 00:01:22.128 -- 00:01:27.264 However, the good performance internally is a bit offset with the continued elevated 00:01:27.264 -- 00:...