Duni AB (publ) (DUNI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the DUNY Group Q3 Interim Report 2025. Throughout the call, all participants will be in a listen-only mode, and afterwards, there will be a question-and-answer session. Please note this call is being recorded. Today, I am pleased to present Robert Dakishkog, President and CEO. Please begin your meeting. Hi everyone and welcome to this Q3 report for 2025. The headline for this quarter is improved operating profit despite continued challenging market conditions. And if we move into the agenda today, as always we go through the highlights, the market and the outlook and the summary of Q3 and then we'll go into our two business areas a little more deeper. and then we're looking in at our sustainability targets for 2025 and then we will go through our updated targets for 2026 both for the financial and sustainability targets and then at the end we'll finish off with a q a as always so um highlights for q3 um our operating profit improved by just over 10 percent during the quarter And this was despite continued challenging market conditions. Net sales grew by 7.9% during the period in fixed currencies and in variable currency, 3.3%. And the acquired companies in the UK and Slovenia continued to contribute positively, and they were driving both our top line, the net sales, and operating profits. And now we're halfway through our decade of action and we are updating the targets for the financial and sustainability targets. We'll come back to that later on in the presentation. So if we look at the market, yeah, the market remains weak. It's a persistent inflation and the challenging consumer climate in the world and Europe. We have a general decline in the hotel and restaurant sector. where price increases haven't offset reduced volumes. And if we look on...