Clavister Holding AB (publ.) (CLAV) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to Clavister's Q2 interim report presentation. My name is Kate Linwood and I will be your host for today's webinar. And joining me today are John Westberg, our CEO, and David Nordstrom, our CFO. So we will begin with an overview of the Q2 report. John will share key business insights and David will walk us through the financial details. And after the presentation, we will open a session for questions and answers. So please feel free to submit your questions you have throughout the presentation in the Q&A box that you can find on the top right. And then we will answer the questions after. So yeah, with that, I would like to hand over to you, John. Thank you very much, Kate. And again, welcome. Our second quarter for the year and starting with what we see as the key highlights of the quarter. I think it's quite clear that we will rank the net sales growth in the quarter as one of the absolute key highlights, so it is a record high growth. But as important is of course that we've been able to convert that growth into an improved profitability, which we'll of course come back to. Even though we have as well our substantial order backlog with us at the sales pipeline, which is really extensive and that brings us a lot of visibility for the future. But starting with the growth and the profitability. So this quarter, again, we saw a record 63% net sales growth. So clearly a milestone for Clevister. that resulted in a net sales of 89 million SEK, so quarterly high there. If we look at the underlying drivers for this growth, the majority of it comes from increased defense delivery. So we're rapidly increasing our conversion in terms of deliveries to our defense customers, defense projects. This includes the large Norwegian defense material admi...