Inission AB (publ) (INISS_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

to Ignition's Q3 presentation. My name is Henrik Hintze, and I'm an analyst at ABG following the company here to help moderate this call. We will start with a presentation by CEO Fredrik Berghel, and then we'll move on to a Q&A session. So throughout the call, feel free to type your questions in the chat, and I'll read them out for Fredrik later on. With that, please go ahead, Fredrik. Thank you very much Henrik. Ladies and gentlemen, welcome to Inition Q3 presentation. My name is Fredrik Bergel. I am one of two co-founders and one of two principal owners of Inition. Myself and Olle Hulteberg, we started this company 18 years ago and we are still both active. I am the CEO and Olle Hade, chairman of the company. Inetion Group consists of two business areas, Inetion EMS, contract manufacturing of industrial electronics, and Inedo, which is a company developing, marketing, and selling power supplies. Both these business areas are operating with customized, high-end, high-mix, low-volume industrial electronics. Today, I will present our Q3 financials performance. I will go through some highlights from the quarter. I will also comment on our financial targets. And at the end there, as Henrik said, we will have a Q&A session. So, to the market and to the numbers for Q3. Reported sales increased 13.5% to 531 million SEK. Adjusted for Celteca acquisition, the organic growth was 4.1%. High-level explanation of the Q3 result. Net added value came out 30 million higher, of which Celteca contributes with 28. Higher volume, slightly higher material share, 54.5 compared to 53.5 last year. We also have a cost level significantly higher, 26.8 million SEK, but the most of that comes from Celteca with 21.1. Depreciations 0.9 million SEK higher, of which Celteca also contributes with 1...