Cavotec Group AB (CCC) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Cavitec's second quarter presentation. I am David Pogels, CEO of Cavitec, and together with me today, I have, as usual, Joakim Barqvist, Cavitec's CFO. Since we presented the report for the first quarter, we have carried out a significant change. We have successfully completed the project of relocating our headquarter and registered office from Switzerland back to Sweden. It has been an extensive project involving efforts from both banks, legal advisors and of course a great job for our internal resources. Cavitec have had its headquarters in Switzerland since 2007 and was listed on Nasdaq in Stockholm 2011. With the move, we relisted the shares of our new parent company on Nasdaq Stockholm, which took place on July the 9th. As mentioned, Cavitec was founded 50 years ago in Sweden, and over these five decades, we have built a leading global position in electrification and automation. In addition to helping our customers to improve efficiency, we also contribute to reducing emissions in, for example, ports, mines and other industrial applications, as well as the safe conditions. As you know, we report our two business segments. Our service offering is reported into the two business segments. So for the two segments, ports and maritime and industry. Starting with ports and maritime, we are providing world leading solutions for ports, ships and other marine applications. We have a unique system, for example, automated mooring, shore power, crane electrification and connection and charging systems. All these solutions contribute significantly to improved environments and working conditions in ports worldwide. Our customers include ship owners, operators, ports, terminals, port equipment, manufacturers and shipyards. Ports and Maritime is our l...