Fagerhult Group AB (FAG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you all for joining us today. I'm Niklas Willstrand, head of communications at Farwood Group, and it's my pleasure to welcome you to our Q2 2026 resource presentation. On the call today, we have our president and CEO, Bule Sonneson, along with our CFO, Oskar Wallsten. Bude will begin with a brief overview of our second quarter results, followed by a presentation of the strategic priorities announced as part of our recently published strategic review. Oskar will then provide a deeper dive into the group's financial performance. And to close, Bude will summarize the key points before we open the floor for your questions. We will start questions from the conference call participants and then take questions from the webcast. You can ask questions by pressing the pound key in five or in the chat window on your screen, and I will then read them out for Bodil and Oskar. Please note that today's session is being recorded and will be available on our website later today. So with that, I will hand over to you, Bodil. Please go ahead. Thank you, Niklas, and welcome and good morning to everybody joining us today. So I will start with the word stabilization today. And we noted a stabilization in order intake noted already in April, continued through most of the quarter with order intake increasing to 2.68 billion Swedish crown in the second quarter. And sales also increased during the period. Profitability, although improved from Q1, remains below our expectations. And while activity levels improve, customers in several markets continue to postpone investment decision. And I wouldn't say that the general market conditions have fundamentally changed. In early July, we presented the priorities that will strengthen the group's performance and improve profitability. The first s...