Dustin Group AB (publ) (DUST) Q2 2025 Earnings Call

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WEBVTT 00:00:01.769 -- 00:00:06.994 Good morning, everyone, and warm welcome to this Q2 presentation from Dustin Group. 00:00:06.994 -- 00:00:11.539 As you heard, Julia and I are here to present the result to you. 00:00:11.539 -- 00:00:16.624 I think we can have a look at slide two and what we will 00:00:16.624 -- 00:00:20.988 go through today. We will, of course, go through the Q2 result, but we will also talk 00:00:20.988 -- 00:00:26.133 a little bit about our strategic focus and the way forward, as well as the 00:00:26.133 -- 00:00:28.820 announced rights issue. 00:00:28.820 -- 00:00:34.986 So if we then move on to slide three to the Q2 result. 00:00:35.149 -- 00:00:40.557 As in last quarters, sales was affected by a weak market with continued general cautiousness 00:00:40.557 -- 00:00:43.281 by the customers in many of our customer groups. 00:00:43.281 -- 00:00:48.445 However, we saw some positive developments in both LCP and SMB. 00:00:48.445 -- 00:00:52.891 Sales in the quarter was 5 billion, 408 million, or 4.5% 00:00:52.891 -- 00:00:57.898 above last year. In SMB, organic growth was negative 2.6, while 00:00:57.898 -- 00:01:02.082 LCP was up by 6.4%. In LCP, 00:01:02.505 -- 00:01:08.013 we were recovering some of the delayed volumes from Q1 as a result of the IT 00:01:08.013 -- 00:01:12.079 platform implementation, but we also won new contracts. 00:01:12.079 -- 00:01:17.245 In SMB, we saw some stabilization of the market and the negative 00:01:17.245 -- 00:01:20.168 market development was slowing down. 00:01:20.168 -- 00:01:25.415 Gross profit ended at 762 million compared to last year's 856 as 00:01:25.415 -- 00:01:30.421 a result of lower gross margins. Gross margin was 13.9% compared to 00:01:30.421 -- 00:01:32.841 last year's 16.3. 00:01:32.844 -- 00:01:3...