Hanza AB (publ) (HANZA) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

but the good part is only temporary. The beauty is when you integrate a company like Leden into Hamsa, the capacity of Hamsa and Leden, one plus one, becomes more than two. So already within this year, we will have a new capacity solution in place, and that will lead them to a very quick upturn in the profitability. So that's about the Leden case. If we then look at Lynx, This was, let's say, a response to the new security situation in Europe, which was very clear when the new administration took office in the US. Lynx is about targeting the defense sector. And we have a concept that works really well for that. We have electronics, mechanics, complex assembly in local places, exactly what is needed for the expansion of this sector. And I think also we have good experience. Defense is nothing new for us. We've been working for them for many, many years. But I think also on a personal note that this is not just good for business, it's also good for Europe. It's about Europe. It's about democracy. I think every contract manufacturer should ship in some capacity for the defense industry right now. It is really important. On the other hand, we must, of course, safeguard capacity for other industries, for other customers. The talk on the street now is that the fence is eating up all the capacity, what will be left for the other industries. And that's why it was so important with this acquisition of Melectrica. It brings expertise, it brings a new customer base, but it also brings a capacity platform where we can grow with this sector without having to lower the capacity for other industries. Now we are waiting for the approvals from the authorities. It's a standard process. We expect that to be ready by September. We have said at that point we will have a little, not openi...