Hexatronic Group AB (publ) (HTRO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Hexatronic Q3 2025 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. If you are listening to the presentation via webcast, you can ask written questions using the form below. Now, I will hand the conference over to CEO Reichard Froberg. Please go ahead. Good morning, everyone, and very welcome to Hexatronic's third quarter presentation for 2025. I'm Rickard Fröberg, CEO of the Hexatronic Group, and with me today, I have Martin Åberg, Deputy CEO, and Pernilla Lindén, Group CFO. As always, we start with an overview and introduction to the company. Hexatronic today, it's a global business with about 7.5 billion SEC in turnover and roughly 2,000 employees. We are a connectivity business, providing our customers with solutions for a wide range of communication applications, and it's all centered around fiber optics. Our business is organized into three business areas, fiber solutions, harsh environment, and data center. The majority of our business today is in Europe. North America accounts for about 35%, and we have a smaller but growing presence in Asia Pacific. Now, going right to the highlights of the third quarter financials. And I would summarize this. Overall, the quarter was in line with expectations. We saw 1.9 billion SEC revenue, which was an organic growth of 2%, and adjusted EBITDA was 146 million SEC, corresponding to a margin of 7.7%. And our strategic shift towards high growth businesses continues with data center and harsh environment now generating more than one third of sales and over half of the profits. Our fiber solutions business area is still challenged...