Hanza AB (publ) (HANZA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

on the clear way towards the financial targets for 2028. We see a sales growth of 70%. We have an organic growth of 9%, slightly lower than the 20% we had in Q1, but it is a little bit seasonal, but it's still a strong organic growth. Eric talked about the shortage of components. We do not see more than a minor effect on the sales in Q2. So the 9% in organic growth is not depending on the increased prices on components. We have an operating margin for the comparable units of 9.2%. 3% compared to seven a year ago. As Eric mentioned, we have BMK on seven and a half percent, a couple of percentage points or two percentage points higher than in Q1 and in line with what they had in 2025. And here we expect the margin to continue to increase quarter by quarter. We have, as an effect on the Horizon project, and in order to increase the profitability over time, we have taken one-time cost. We have reduced employees, mainly in BMK, and we have decided to wind down the operations in China and also done an MBO operation or decided on an MBO in Finland. And this will, as Erik also mentioned, be approximately 160 employees that will be reduced within the group and approximately 160 million SEK in sales that will be reduced when these actions are done in the end of the year. And this leads to that the group's adjusted operational margin is on a stable level on 8.5%, 7% a year ago. And when we see the comparable units of 9.3% and we compare it to the 9.7% in Q1, I'd like to remind you that Ledan is now part of of the comparable units for the full quarter. It was only one month out of three in Q1. So that's one of the reasons for the slightly reduction in profitability margin for comparable units. Erik spoke about the cash conversion and the financial discipline. And we can this qua...