CTEK Ab (CTEK) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, operator, and a warm welcome to CTEK's quarter two earning call. Today, it's me, Henrik Freeneus, CEO, and I also have Tom Mathisen, CFO, as presenter. And as usual, we will start with a short recap of CTEK introduction before we dig into the numbers. So CTEK was founded more than 25 years ago in a small village in Vikmanhyttan in Dalarna by Bengt Wahlqvist. We have mainly two technologies and sub-segments. The first one and our heritage one is low voltage where we are selling consumer chargers, client brand chargers and professional chargers and also power solution. The other segment is for electrical cars where we're selling destination chargers, also client brand destination chargers, load balancing and service and support. We are going to the market through two different divisions, consumer divisions where we are selling mainly low voltage projects and we are selling through A lot of different channels. Some example is Amazon, also retail chains like Klaas Olsson, Jula, GPC, and it's a global market for us. The other one is then professional division where we are selling into vehicle manufacturers, our client brand, and also to short point operators and parking operators, our destination chargers. And it's also a global market. We are happy to be chosen by more than 50 of the world's biggest and most prestigious vehicle manufacturers. including Lamborghini, Ferrari, General Motors, Porsche, and BMW, and a lot of others. I think that speaks a lot about our quality and the trust that these premium brands is putting into Seatech. We have a lot of different products, premium products, and we have a large and very attractive market. With our introduction of boosters and power solutions, we have more than tripled the addressable market for CTEK. And here you...