Ferronordic AB (publ) (FNM) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.997 Welcome to the Faro Nordic Q3 2025 report presentation. 00:00:04.997 -- 00:00:09.462 For the first part of the presentation, participants will be in listen-only mode. 00:00:09.462 -- 00:00:14.208 During the questions and answers session, participants are able to ask questions by dialing 00:00:14.208 -- 00:00:19.514 pound key 5 on their telephone keypad. Now, I will hand the conference over to Speaker's 00:00:19.514 -- 00:00:23.238 CEO, Henrik Carlberg, and CFO, Eric Donnemar. 00:00:23.238 -- 00:00:25.699 Please go ahead. 00:00:26.222 -- 00:00:29.191 Thank you. Good morning, everyone. 00:00:29.191 -- 00:00:33.233 Thank you for your interest in Fair Nordic. 00:00:33.355 -- 00:00:38.658 We will now do our presentation of the results for the third quarter of 2025. 00:00:38.700 -- 00:00:42.461 Moving to slide two, please. 00:00:43.864 -- 00:00:47.768 Trending upwards, still a way to go. During 00:00:47.768 -- 00:00:53.413 the quarter, we saw revenue decrease by 9% in Swedish krona 00:00:53.413 -- 00:00:56.196 to 1.6 billion 00:00:56.196 -- 00:00:59.625 kronor. compared to 1,171,000,000 00:01:01.032 -- 00:01:07.384 last year, that is minus 5% on fixed currency rates. 00:01:07.384 -- 00:01:11.713 The gross margin increased nicely by 3.7 00:01:11.713 -- 00:01:17.003 percentage points year on year and 2.9 percentage point quarter on quarter 00:01:17.003 -- 00:01:19.143 to 19.1%. 00:01:20.373 -- 00:01:25.959 We continue to decrease SG&A that went down 8% to 167 00:01:25.959 -- 00:01:31.645 kronor compared to 181 the year before. Operating profit increased 00:01:31.645 -- 00:01:37.151 to 37 million kronor compared to 2 million a year ago and 00:01:37.151 -- 00:01:40.434 compared to minus 5 in Q2. 00:01:40.434 -- 00:01:45.439 Net income exclud...