engcon AB (publ) (ENGCON_B) Q2 2026 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:05.093 Good morning and welcome to ENKON's Q2 report presentation. 00:00:09.776 -- 00:00:15.118 My name is Stig Engström, CEO, and with me today, I have our CFO, Markus 00:00:15.118 -- 00:00:17.118 Asplund. 00:00:21.582 -- 00:00:25.568 Let's take a look at what's happening during the quarter. 00:00:25.568 -- 00:00:30.609 One thing has probably not missed anyone's attention, the CEO change that took place 00:00:30.609 -- 00:00:32.770 May the 1st. 00:00:32.770 -- 00:00:38.291 My main task is to bring income back to the financial targets adopted by the board, 20% 00:00:38.291 -- 00:00:42.052 annual growth and 20% EBIT margin. 00:00:42.052 -- 00:00:47.774 I have begun the journey towards those targets and identified some focus areas. 00:00:47.774 -- 00:00:53.328 We go into them later, but it's about optimizing the product around customer needs, 00:00:53.328 -- 00:00:58.349 focusing on efforts on the right markets and creating the right conditions for the company's 00:00:58.349 -- 00:01:03.370 core functions. And of course, ensuring strong cost discipline throughout the company, 00:01:03.370 -- 00:01:06.991 including the decrease of stock levels. 00:01:06.991 -- 00:01:09.451 We can conclude that it was a good quarter. 00:01:09.451 -- 00:01:12.692 Revenue was strong and the 00:01:12.692 -- 00:01:18.313 margin shows a recovery, also including a 13 million Swedish crowns restructuring 00:01:18.313 -- 00:01:20.163 cost. 00:01:20.163 -- 00:01:24.466 It's a good result, which shows the strengths of our business model. 00:01:24.466 -- 00:01:28.607 At the same time, I know we have more to give. 00:01:29.129 -- 00:01:34.372 Now begins a new chapter in an old story, with focus on the core areas that built 00:01:34.372 -- 00:01:40.456 the company quickly...