CTEK Ab (CTEK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to CTEC Q2 Report 2025. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to the speakers, CEO Henrik Fagranius and CFO Tom Mathisen. Please go ahead. Thank you very much, operator, and also a warm welcome to the second quarter report review from CTEK. Today's presenter will be myself, and I also have Thomas Mathisen, our CFO. And as usually, we will start with some background information about CTEK. CTEK was founded for over 25 years ago by Bengt Wahlqvist, the inventor of the first ever battery charger to use electronic pulse technology. And this revolutionized the market. We are designing and developing and testing all our products in Sweden. We are putting a lot of efforts to the quality levels and we have about one third of our employees working in research and development in Falun, Norrköping and Shenzhen. We are also committed to sustainability targets and we are focusing on reducing air frights and make our products more repairable and the use of recycled materials wherever possible. We are very proud to have more than 50 of the world's most premium vehicle manufacturers as customer where we are building their branded 12 volt chargers. Especially proud to be double branded together with premium brands like Lamborghini as you can see on this picture. This has helped us to build a very strong consumer brand. And with the passion and with the CTEK family that we have, we have built a very strong global consumer brand as well. CTEK has mainly two technologies. Low voltage is the 12 and 24 volt chargers for cars. And we sell them to consumers. We sell th...