engcon AB (publ) (ENGCON_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to ENKON's Q3 report presentation. My name is Christer Blomgren and I'm the CEO here at ENKON and with me today... And with me today, as usual, I have our CFO, Marcus Asplund. We will guide you through our Q3 report and also answer questions in the Q&A afterwards. With that, we jump into the presentation. This was a good quarter for us. In fact, our order intake reached record levels. We have never seen this kind of performance in the third quarter before, which is fantastic. Europe really stood out, matching its own peak at 206 million SEK. What is great is that it wasn't just one country driving the results. Several of our key markets performed well at the same time, which shows the strength of our overall position in the region. Asia Oceania also had a really strong quarter. We secured major orders in Japan and overall momentum in the region continues to look very encouraging. And even though the big orders will be delivered into the market in 2026 and therefore impact the early 2026 order intake in Japan, we still expect demand to strengthen further as the government incentive programs get underway after the turn of the year. On the operations side, we faced some challenges with scaling our output and managing supply change. We held back a bit our delivery potential, especially in Europe. However, we have made a solid progress and we are now fully focused on strengthening our operations so we can turn our growing order backlog into actual sales and keep our customers happy. Strategically, we made some really important moves this quarter. We entered into partnership with two major excavator manufacturers, Hitachi Construction Machinery and Devalon. With Hitachi, we are now one of the preferred suppliers in the European dealer network, whic...