Guideline Geo AB (publ) (GGEO) Q2 2026 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:00.992 Hello. 00:00:00.992 -- 00:00:03.495 Welcome to our Q2 report. 00:00:03.495 -- 00:00:08.921 And for Swedes, welcome back from the Swedish summer period. 00:00:08.921 -- 00:00:14.247 My name is Molly Silberg. I'm the CEO of Guideline Geo, and I will introduce 00:00:14.247 -- 00:00:18.748 to you the Q2 report to you. 00:00:18.748 -- 00:00:20.509 But first, 00:00:20.509 -- 00:00:22.250 for any newcomers, 00:00:22.250 -- 00:00:25.952 this is Guideline Geo in brief. We are your guide to the subsurface. 00:00:25.952 -- 00:00:28.333 We design, manufacture 00:00:28.333 -- 00:00:33.817 non-distracting geophysical solutions for subsurface surveys. 00:00:33.817 -- 00:00:36.398 Our main applications are utilities. 00:00:36.398 -- 00:00:40.740 General ground investigations prior to any type of infrastructure or construction work 00:00:40.740 -- 00:00:46.622 and groundwater management, groundwater exploration and groundwater monitoring. 00:00:46.622 -- 00:00:49.664 We're listed on the First North growth market. 00:00:49.664 -- 00:00:54.666 We have a hundred year history. And one of our uniquenesses is that we 00:00:54.666 -- 00:00:59.708 have a true global reach through our partners, our distributors, 00:00:59.708 -- 00:01:03.309 but also some direct sales through our subsidiaries. 00:01:03.309 -- 00:01:06.710 And we are on a growth journey. 00:01:07.490 -- 00:01:11.372 Moving on to first half year. 00:01:11.754 -- 00:01:16.177 If we start with Q2 we were up 7% in sales 00:01:16.177 -- 00:01:21.382 and we improved our profitability both EBITDA on EBIT even if the EBIT 00:01:21.382 -- 00:01:25.045 is still slightly negative for the quarter. 00:01:25.045 -- 00:01:30.189 We see a positive operating cash flow stronger than last year 00:01:30.189 -- 0...