HEXPOL AB (publ) (HPOL_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the HexBall Q2 presentation. During the questions and answers session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now I will hand the conference over to the CEO Klaus Dahlberg and CFO Peter Rosen. Please go ahead. Thank you, operator. Hello, everyone, and warm welcome to the HexBall Q2 presentation. And thank you for joining us today. We know a lot of companies are reporting today. So I will start with the business update and Peter will then take us through the financials. If you please turn to page four. Thank you. I will start by going through the Q2 performance. Despite the uncertainty in the world, our group has shown resilience. We are happy to report that Europe showed stable sales and that we had another quarter of growing sales within our second business era, engineered products. With that said, we saw a lower demand in the North American market affected by the high uncertainty related to the US trade policy. That is actually the main reason why we could not grow the overall sales and results compared to last year. In the quarter, we delivered sales of close to 5 billion SEK and an EBIT of 756 million SEK with a margin of 15.1%. The operating cash flow was on a good level, reaching 834 million. If we move on to demand and sales prices, Organic demand was down some versus Q2 last year in North America, and it was mainly affected by lower demand from automotive. But that was partly offset by growth in building and construction, the medical segment, and also within wiring cable. We saw a positive impact of Capcom contributing to the growth within the wiring cable segment. Capcom, as you know, that we acquired recently and was consolidated from the 1st of May. Sales prices were sequentially stable with n...