Guideline Geo AB (publ) (GGEO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, welcome to our Q3 presentation. My name is Malin Seiberg and I'm the CEO of GuidelineGeo. For any newcomers, I'll start us off with a brief introduction to who we are. We design and manufacture non-destructive geophysical solutions, both instruments and software, for three main applications. is for the utility locating market, is for the groundwater market, and is for general ground investigations subsurface. We're a stock listed company listed on First North Growth Market. We are more than 100 years old and given our size, we have a truly global reach through our direct sales, through our sales offices worldwide in Orange and through our indirect sales and support channel, our partners worldwide in more than 80 countries. But let's move our focus to Q3. Q3 was a strong quarter for us. Order intake was up 20% and net sales was up 9% to 46 million Swedish kronor. EBITDA was 5.1 and EBIT 0.9, both positive. We have a positive operating cash flow, 0.6, and we have a strong net cash situation, a continued strong net cash situation with 19.9 million compared to 4.7 last year. We do have quarter to quarter variations. Those who follow us know that. So if you look at the year to date highlights, we are up 12% in order intake. We're up 9% in net sales. We have a positive EBITDA of 8.1, still negative on EBIT minus 5.5. And we have a strong operating cash flow this year to date. If we break down net sales and order intake to markets and to regions, I can start with the market and application side and provide a couple of highlights from Q3. We continue to see a strong demand from the infrastructure market and specifically utility locating. This quarter, the U.S. continues on a strong path, as well as the U.K. Tough years last year, but this year U.K. and U.S. is leading...