Elopak A S (ELPKF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.136 Today's presentation will be held by our CEO, Bent Axelsen, and our CFO, Ola 00:00:05.136 -- 00:00:06.597 Bøhre. 00:00:06.597 -- 00:00:11.741 The presentation will last for around 30 minutes, followed by a Q&A 00:00:11.741 -- 00:00:16.544 session where the people here in the audience and the people 00:00:19.008 -- 00:00:22.731 joining online can ask questions. 00:00:22.731 -- 00:00:27.494 So, with that short introduction, welcome, Bent. 00:00:30.581 -- 00:00:35.827 Thank you Kristian and good morning everybody in the room and online. 00:00:35.827 -- 00:00:40.213 Nice to be back after the summer. 00:00:40.213 -- 00:00:45.359 I'm going to just jump straight into the quarter. 00:00:45.359 -- 00:00:47.587 This quarter 00:00:47.587 -- 00:00:50.490 really is marked by the geopolitical 00:00:50.490 -- 00:00:56.775 uncertainty, the higher raw material costs and changes in the consumer behavior. 00:00:56.775 -- 00:01:01.799 But I think against this backdrop, we have stayed focused, implementing our 00:01:01.799 -- 00:01:06.804 strategy, but also keeping a tight control of 00:01:06.804 -- 00:01:09.464 our cost base. 00:01:10.387 -- 00:01:13.128 So this quarter, 00:01:13.129 -- 00:01:15.889 It's an improvement 00:01:16.190 -- 00:01:21.372 compared to the softer start of the year. We grew our revenues to 00:01:21.372 -- 00:01:26.895 304 million euro. This is a growth of 4.9% or 5.7% on a constant currency 00:01:26.895 -- 00:01:28.895 basis. 00:01:31.282 -- 00:01:33.764 We delivered 8.7% 00:01:33.764 -- 00:01:38.607 growth on a constant currency basis in America, despite 00:01:38.607 -- 00:01:43.690 the tragic and serious incidents with one of our suppliers, which I will 00:01:43.690 -- 00:01:46.870 come back to later in the presentation. 00:01...