Garo Aktiebolag (publ) (GARO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and thank you for joining the GARO Interim Report January to September 2025. My name is Harry and I'll be coordinating your call today. During the presentation, you can register a question by pressing star followed by one on your telephone keypad. If you change your mind, please press star followed by two. You exit the queue. I will now hand over to CEO Jonas Clarion to begin. Please go ahead, sir. Hello and welcome everyone to GARO's Q3 presentation. I am Jonas Claren, CEO, and as always, we appreciate you taking the time to join. Our focus this quarter has been turning structure into rhythm and rhythm into results. With me is our CFO, Helena Clausson, who will take you through the financials shortly. But first, let me share the key developments from the last month. Next slide, please. Let's look at the third quarter and how Garo is progressing. The overall picture is one of steady improvement. We're building momentum across the group and beginning to see structure turning into rhythm. Electrification continues to be our financial backbone, performing steadily across markets. We see positive momentum within installation products and stronger project pipeline, particularly in the UK and Ireland. The Swedish residential market is still slow, but we're starting to see signs of increased activity. Our focus is on sharpening sales integration and preparing for the next market upturn. Immobility remains challenging as the home charging segment has become a clear low price market. We are staying disciplined, simplifying the portfolio, reducing inventory and focusing on professional and public charging where our strengths lie. Technically, the entity platform is stable and the LS4 platform continues to gain traction on export markets. step by step for gaining control ...