Idun Industrier AB (publ) (IDUN_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Idun Industries presentation of the second quarter of 2025. My name is Carl Korsheden and I work as an analyst here at Carnegie and with me in the studio I have the CEO and CFO from Idun who will help us go through the second quarter and where we will round off with a Q&A. And on that topic, I just want to remind you again that there is a chat function for those of you who are listening in there on LinkedIn. So just shoot your questions and I'll read them up in the room. With that said, I'll hand it over to you and the second quarter. Yes, this is only the second quarter that we are presenting a quarterly report, so I was going to start by giving a short introduction to Idun Industries. So we are an industry group that accounts for about 2.2 billion, has a turnover of –at just over SEK 300 million. We are an industry group with a focus in the north. About three-quarters of the sales take place in Sweden, more than 90% in the north. We consist of two business areas, manufacturing, which accounts for about 60% of revenue and services, and maintenance, which accounts for 40%. If you remember two things about Idunp, on the investment side, we are looking for market leaders. It can be market leaders within areas that may be quite small, but where you otherwise have a very high market share. And if you remember one thing about our business model, it is that we add the pilot school in a very consistent and, one might say, dogmatic way. All of us who are in the fashion company management have most of our private capital invested in food stocks. And in 100% of the cases in the group companies, we have management who are shareholders in respective group companies. So there is a very strong interest community with you as shareholders in food industries. A f...