Hexagon Purus Asa (HPURF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.171 -- 00:00:04.093 Welcome to Hexagon Purus Q2 2026 presentation. 00:00:04.093 -- 00:00:09.155 My name is Mathias Meidell and I will be moderating from the studio in Oslo. 00:00:09.155 -- 00:00:15.397 As usual, I'm also joined by Group CEO Morten Holum and Group CFO Salman Alam. 00:00:15.397 -- 00:00:20.518 The agenda for today includes highlights from the quarter, a company update, the 00:00:20.518 -- 00:00:25.099 financials and the outlook. We will end the presentation with a Q&A session. 00:00:25.099 -- 00:00:30.380 So please feel free to enter your question via the function on your screen. 00:00:30.380 -- 00:00:34.521 So with that, I'll pass the word over to you, Morten, who will take us through the highlights 00:00:34.521 -- 00:00:36.741 of the quarter. 00:00:38.262 -- 00:00:41.202 Thank you, Mathias. And good morning, everyone. 00:00:41.202 -- 00:00:45.283 Thanks for joining our webcast this morning. 00:00:46.930 -- 00:00:51.952 The key developments in the second quarter were, number one, revenue and 00:00:51.952 -- 00:00:57.233 other income was 146 million NOC, roughly in line with last year when 00:00:57.233 -- 00:01:02.355 excluding the divested revenue of 38 million NOC following the sale of the 00:01:02.355 -- 00:01:05.736 US Aerospace Business Unit in Q1. 00:01:05.736 -- 00:01:11.557 Number two, we had good order intake, both on the hydrogen infrastructure side 00:01:11.557 -- 00:01:17.038 and the BVI side, and we have good visibility for the second half of the year. 00:01:17.038 -- 00:01:22.561 And finally, number three, we executed further workforce reductions in Germany 00:01:22.561 -- 00:01:27.824 and we are now into the final stages of the operational restructuring to align 00:01:27.824 -- 00:01:31.805 the cost base to the current ma...