Dometic Group AB (publ) (DOM) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Dometic Group Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.058 Today I am pleased to present the CEO, Juan Vargas, and the CFO, 00:00:05.058 -- 00:00:07.200 Stefan Freestet. 00:00:07.200 -- 00:00:12.648 For the first part of the call, all participants will be in listen-only mode. 00:00:12.648 -- 00:00:17.654 During the questions and answers session, participants are able to ask questions by 00:00:17.654 -- 00:00:21.960 pressing star 5 on their telephone keypad. 00:00:21.960 -- 00:00:25.665 Now I will hand the conference over to the speakers. 00:00:25.665 -- 00:00:28.266 Please go ahead. 00:00:30.659 -- 00:00:34.885 Good morning, everybody, and welcome to the quarterly report for the second quarter of 00:00:34.885 -- 00:00:36.885 2025. 00:00:38.631 -- 00:00:42.236 If we start immediately with the presentation, 00:00:42.236 -- 00:00:46.462 the turbulent market conditions and tariff uncertainties continue to have a negative 00:00:46.462 -- 00:00:49.204 impact on our numbers. 00:00:49.607 -- 00:00:54.975 We see that there is still today a low consumer confidence, leading also to a negative 00:00:54.975 -- 00:00:59.600 sentiment among dealers, especially in the William Channel. 00:00:59.600 -- 00:01:04.826 And that leads also to a situation where retailers still are very, very 00:01:04.826 -- 00:01:08.309 careful in building up inventories. 00:01:08.309 -- 00:01:13.635 When looking at performance, our performance, we ended up the quarter showing a negative 00:01:13.635 -- 00:01:16.338 organic growth of 11%, 00:01:16.338 -- 00:01:19.822 with service and aftermarket down 12%. 00:01:19.822 -- 00:01:25.786 Here, we need to keep in mind that we have a relatively good Q2 2024. 00:01:26.819 -- 00:01:32.046 Distribution ended up at minus 7% organically, affected both 00:01:32.046 -- 00:01:36.673 by product...