Cavotec Group AB (CCC) Q2 2025 Earnings Call

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WEBVTT 00:00:01.651 -- 00:00:07.249 Good morning and welcome to Cavitec's second quarter presentation. 00:00:07.249 -- 00:00:12.886 I am David Pogels, CEO of Cavitec, and together with me today, I have, as usual, 00:00:12.886 -- 00:00:16.391 Joakim Barqvist, Cavitec's CFO. 00:00:19.825 -- 00:00:24.311 Since we presented the report for the first quarter, we have carried out a significant 00:00:24.311 -- 00:00:29.477 change. We have successfully completed the project of relocating our headquarter 00:00:29.477 -- 00:00:33.582 and registered office from Switzerland back to Sweden. 00:00:33.582 -- 00:00:37.988 It has been an extensive project involving efforts from both banks, legal advisors and 00:00:37.988 -- 00:00:43.412 of course a great job for our internal resources. 00:00:43.518 -- 00:00:48.002 Cavitec have had its headquarters in Switzerland since 2007 00:00:48.002 -- 00:00:52.144 and was listed on Nasdaq in Stockholm 2011. 00:00:52.427 -- 00:00:57.492 With the move, we relisted the shares of our new parent company on Nasdaq 00:00:57.492 -- 00:01:02.056 Stockholm, which took place on July the 9th. 00:01:02.056 -- 00:01:07.101 As mentioned, Cavitec was founded 50 years ago in Sweden, and over 00:01:07.101 -- 00:01:12.166 these five decades, we have built a leading global position in electrification 00:01:12.166 -- 00:01:13.741 and automation. 00:01:13.741 -- 00:01:18.949 In addition to helping our customers to improve efficiency, we also contribute to reducing 00:01:18.949 -- 00:01:24.356 emissions in, for example, ports, mines and other industrial applications, 00:01:24.356 -- 00:01:27.438 as well as the safe conditions. 00:01:31.707 -- 00:01:34.992 As you know, we report our two business segments. 00:01:34.992 -- 00:01:39.442 Our service offering is reported into...