Magnus Nielsen
CEO
Replay available
Elanders AB (publ) (STO: ELAN_B) Q3 2025 earnings conference call, held 2025-10-22. Replay captured from the company's public earnings webcast.

CEO
CFO
Analyst, Nordea
Analyst, Protector
Analyst, D&B Carnegie
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WEBVTT 00:00:00.031 -- 00:00:05.137 Good day and welcome to the eLanders A-B conference call hosted by 00:00:05.137 -- 00:00:11.003 Magnus Nielsen, CEO, and Asa Wilson, CFO. 00:00:11.003 -- 00:00:15.809 Please note, this call is being recorded and for the duration of the call, your lines 00:00:15.809 -- 00:00:21.055 will be on listen only. However, you will have the opportunity to ask questions 00:00:21.055 -- 00:00:25.480 at the end of the call. This can be done by pressing star 1 on your telephone keypad 00:00:25.480 -- 00:00:30.531 to register your question. If you require assistance at any point, please press 00:00:30.531 -- 00:00:33.654 star zero and we'll be connected to an operator. 00:00:33.654 -- 00:00:39.120 I will now hand you over to your host, Magnus Nielsen, to begin today's conference. 00:00:39.120 -- 00:00:41.320 Thank you. 00:00:41.743 -- 00:00:47.529 Thanks, Ben. Welcome, everyone, to Lambert's quarterly conference 00:00:47.529 -- 00:00:49.970 call. I 00:00:50.112 -- 00:00:55.358 will now go directly to slide number five in our presentation and 00:00:55.358 -- 00:01:00.386 talk about our third quarter. We could see in the third quarter 00:01:00.386 -- 00:01:05.513 that our underlying demand improved, and if we adjust for 00:01:05.513 -- 00:01:10.880 declining prices in the air and sea forwarding area, we had a negative 00:01:10.880 -- 00:01:13.942 organic growth of 2% 00:01:14.085 -- 00:01:17.930 compared to 5% in the second quarter. 00:01:17.930 -- 00:01:22.957 And the recovery in demand was mainly driven by improved sales in 00:01:22.957 -- 00:01:24.957 September. 00:01:25.099 -- 00:01:30.194 Excuse me. If you look at our adjusted EBITDA margin, it continues 00:01:30.194 -- 00:01:35.343 to improve, and it came in better than both the previous quar...