Investment AB Latour (publ) (LATO_B) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the presentation of Investment Day Bill Latour's entering report for the second quarter. Only mode and we then open up for questions. To ask a question, dial star five on your telephone keypad or use the chat window. And with that, I hand over to CEO Johan Hjartansson and CFO Mikael Jonsson-Albrechtsson. Thank you very much, Katarina. Welcome, everybody. This is Johan Antonsson, and welcome to our presentation of the Q2 report. I'm here together with our CFO, Mikael Jonsson-Artexon. So the presentation is divided into two sections. Firstly, we will walk you through the Latour Group's development in Q2, commenting on the development for the investment portfolio and the wholly owned operations. And then we open up for questions together with Mikael. And then we have a second part where we will make a deep dive into NordLock Group, one of Latour's seven wholly owned operations. And there we will invite Daniel Westberg, CEO of NordLock Group, for this section. And finally, we will have a Q&A session all together with Daniel on the NordLock Group presentation. So if we go to the first slide, I would say commenting overall, you know, solid second quarter performance supported by positive market developments, especially toward the end of the quarter. Order intake grew organically by 13% and net sales by 4%. Adjusted EBIT amounted to 999 million SEK with a margin of 13.8%. The order backlog increased to just over 8 billion SEK, which provides a solid foundation for continued growth in that sense going forward for the remainder of the year. As you all know, geopolitical uncertainty remains with delays in some project startups as one effect. Our assessment is that no business has been lost, rather deliveries and revenues that has been postponed to u...