Hiab Oyj Unsp/Adr (CYJBY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to HIAP's second quarter 2026 results call. My name is Aki Vesikallio. I'm from the investor relations team. Today's results will be presented by CEO Scott Phillips and CFO Mikko Puolakka. As a reminder, please pay attention to the disclaimer in the presentation as we will be making forward-looking statements. Before handing over to Scott and Mikko, let's take a look at the highlights of the quarter. Book-to-bill was again positive in all three geographical areas and that was the second consecutive quarter. Our sales were at the comparison periods level, however comparable operating profit increased to 61 million euros. We also specified our outlook floor for full year, comparable operating profit margin from 13.5 to above 14.5. A milestone acquisition of Labri Environmental Group was announced in 1st of June and just in the beginning of third quarter the acquisition was completed. Let's then take a view on today's agenda. First, Scott will present the strategic development and group-level topics. Mikko will then go through reporting segments, finance sales in more detail, and the outlook for 2026. After Mikko, Scott will join the states for the key takeaways before the Q&A session. With that, over to you, Scott. Thank you, Aki. And good morning everyone from my side. First, I'm pleased to have the opportunity to share with you how we're progressing relative to deploying our strategy and highlight some of our key investments, if you will. Starting first with some of our innovations building on our core portfolio. Pleased to share with you that we continue to introduce pioneering innovations within the on-road load handling solution. A few of which are highlighted on the page. Starting from left to right, I'm proud to announce that we've introduced a new range...