Albin Barnevik
Analyst, ABG Sundal Collier
Replay available
Ferronordic AB (publ) (FNM) Q2 2026 Earnings Call
Ferronordic AB (publ) (STO: FNM) Q2 2026 earnings conference call, held 2026-08-12. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Henrik Carlberg
Chief Executive Officer
Erik Donnemar
Chief Financial Officer
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Ferronordic Ab.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:04.413 Welcome to the Faro Nordic Q2 2026 report presentation. 00:00:04.413 -- 00:00:08.936 For the first part of the presentation, participants will be in listen-only mode. 00:00:08.936 -- 00:00:13.639 During the questions and answers session, participants are able to ask questions by dialing 00:00:13.639 -- 00:00:18.921 pound key 5 on their telephone keypad. Now, I will hand the conference over to speakers 00:00:18.921 -- 00:00:22.704 CEO Henrik Carlberg and CFO Erik Donnemar. 00:00:22.704 -- 00:00:25.184 Please go ahead. 00:00:26.629 -- 00:00:31.892 Good morning everyone and welcome to our presentation of the results for the second quarter 00:00:31.892 -- 00:00:33.952 of 2026. 00:00:34.714 -- 00:00:38.256 Starting with some highlights for the quarter. 00:00:38.256 -- 00:00:44.459 We saw increased earnings in all markets, revenue increased 43% 00:00:44.720 -- 00:00:50.602 or up 54% in fixed currency with growth in all segments. 00:00:50.812 -- 00:00:55.153 Gross margin amounted to 15.8%, 00:00:55.153 -- 00:00:59.735 somewhat lower than last year on higher equipment share of revenue, but was up in our 00:00:59.735 -- 00:01:05.276 main market, the US. Operating profit improved to 68 00:01:05.276 -- 00:01:10.618 million compared to minus five in Q2 last year with profitability 00:01:10.618 -- 00:01:15.619 in all three markets. EBITDA nearly doubled to 180 00:01:15.619 -- 00:01:19.572 million kronor compared to 95 the year before. 00:01:19.572 -- 00:01:25.403 Net profit improved to 45 million compared to minus 51 the year before, 00:01:25.403 -- 00:01:31.130 supported by lower finance costs and currency gain. 00:01:31.911 -- 00:01:36.815 Thanks to the increased EBITDA and lower net debt quarter on quarter, net debt to EBITDA 00:01:36.815 --...