engcon AB (publ) (ENGCON_B) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to ENKON's Q4 report presentation. We're also going to have a short review of 2025. My name is Christer Blomgren and I'm the CEO here at ENKON. And with me today, as usual, I have our CFO, Markus Asplund. We will guide you through our Q4 report and 2025 review also. And also answer questions in the Q&A afterwards. Let's go into the presentation. 2025 has been a year of clear highs and lows across the global economy, and Encon has experienced a similar dynamic, navigating market volatility while continuing to strengthen its strategic position, operational efficiency, and long-term growth potential for shareholders. If we take a look at the bigger developments for Encon during the year, it's clear that 2025 has brought both ups and downs, so let's take a review of 2025. We launched Encon's Generation 3 that brings faster hydraulics, smoother precision, and smarter efficiency to make every excavated job feel easier and more controlled. Encon also took the step into the large cap segment, an important milestone that strengthens our visibility, broadens our investor base, and supports our continued growth journey. And we established our sales company in Japan during the year and supported by government subsidies. We have achieved a solid start laying a strong foundation for long-term growth in an important strategic market. The so-called liberation day led to a period of more cautious behavior across the global markets. And during the year, we also faced challenges from tariffs and strengthening Swedish Corona. Factors that have influenced demand and currency dynamics. Our participation in Bauma, the world's leading construction exhibition, where tilt-to-tails were visible everywhere, and Enco stood out as a clear reference brand. The strong prese...