Cedergrenska AB (publ) (CEDER) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.193 Skolkoncernen C.D. Grenska released their report earlier this afternoon for 00:00:05.193 -- 00:00:10.263 the second quarter of the year. The deadline is 00:00:10.263 -- 00:00:15.930 October to December. And to put some color on 00:00:15.930 -- 00:00:21.517 the numbers, I have the founder and board member, Niklas Pohl, with me in the studio. 00:00:21.517 -- 00:00:22.598 Welcome, Niklas. 00:00:22.598 -- 00:00:23.399 Thank you so much. 00:00:23.399 -- 00:00:27.765 It's great to be here. Let's start with the main topic of the report. 00:00:27.765 -- 00:00:31.069 The revenue of the movement increased by 14.6% to SEK 257 million. 00:00:31.069 -- 00:00:35.975 And the movement result, EBITDA, has an increase of 47%. 00:00:35.975 -- 00:00:38.498 to 18.9 million kronor. 00:00:38.498 -- 00:00:42.063 What is it that drives this 00:00:42.063 -- 00:00:47.550 strong growth? Basically, as it has been in the last 00:00:47.550 -- 00:00:49.113 quarter, 00:00:49.113 -- 00:00:51.135 everything is based on educational 00:00:51.135 -- 00:00:55.922 activities that are attractive, high quality, where there are children and students who 00:00:55.922 -- 00:00:59.366 want to go. We've had that basis for quite some time now. 00:00:59.366 -- 00:01:03.512 But then you look at it, it's the one that creates the opportunity to have these solid 00:01:03.512 -- 00:01:08.397 margins and surplus. But, as you mentioned, the improvement of the margin towards the 00:01:08.397 -- 00:01:13.902 same period last year is driven mainly by three things. 00:01:13.902 -- 00:01:19.407 One is, as you mentioned earlier, so you will recognize this, the efficiency 00:01:19.407 -- 00:01:24.592 program that we launched about one and a half years ago, with 20 million in full 00:01:24.592 ...