Fasadgruppen Group AB (publ) (FG) Q2 2026 Earnings Call

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WEBVTT 00:00:00.131 -- 00:00:05.233 Good morning everyone and welcome to Fasadgruppen presentation of the second quarter 00:00:05.233 -- 00:00:07.074 2026. 00:00:07.074 -- 00:00:12.276 My name is Magnus Blomberg, Acting CFO and with me here in the room we have our CEO Martin 00:00:12.276 -- 00:00:13.877 Jakobsson. 00:00:13.877 -- 00:00:17.077 So Martin, will you 00:00:17.258 -- 00:00:22.380 please walk us through the report and after the report we will open up for 00:00:22.380 -- 00:00:26.301 some questions. So with that being said, 00:00:26.762 -- 00:00:28.955 Martin please go ahead. 00:00:28.955 -- 00:00:32.697 Thank you, Magnus, and a very warm 00:00:32.697 -- 00:00:36.418 welcome and a good morning for me as well. 00:00:36.899 -- 00:00:38.619 And 00:00:38.619 -- 00:00:42.901 let's move to the first slide directly. 00:00:42.901 -- 00:00:47.343 And let me give you a quarter here in short. 00:00:47.343 -- 00:00:51.472 By our own standards, the earnings were weak. 00:00:51.472 -- 00:00:58.176 But a weak quarter and a weak business, I would say, are two different things. 00:00:58.318 -- 00:01:01.300 And we will show that 00:01:01.300 -- 00:01:03.300 today. 00:01:03.782 -- 00:01:07.365 So when I'm just at a beta level, we came in at roughly 108 million against 132 last 00:01:07.365 -- 00:01:09.827 year, which is down 19%. And I won't dress that number up. 00:01:09.827 -- 00:01:13.048 Remember here, we took 00:01:20.125 -- 00:01:22.886 Roughly 2000 colleagues 00:01:22.886 -- 00:01:28.127 in our organization took this business from we had minus 12 if you remember organic 00:01:28.127 -- 00:01:30.368 growth in Q1 00:01:30.368 -- 00:01:35.809 up to broadly flat now here in Q2. 00:01:36.829 -- 00:01:41.410 And the margin came in at roughly 7.6%. And 00:01:43.271 -- 00:01:48...