Linus Sigurdsson
Analyst, DNB Carnegie
Replay available
Investment AB Latour (publ) (LATO_B) Q3 2025 Earnings Call
Investment AB Latour (publ) (STO: LATO_B) Q3 2025 earnings conference call, held 2025-11-04. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Johan Hjertansson
CEO
Mikael Jonsson-Albrechtsson
CFO
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Investment Ab Latour Class B.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.158 I will now hand over to CEO Johan Hjertansson and CFO Mikael 00:00:05.158 -- 00:00:07.158 Jonsson-Albrechtsson. 00:00:07.421 -- 00:00:10.305 Thank you very much, Katarina. Welcome, everybody. 00:00:10.305 -- 00:00:15.432 I'm here together with our CFO, Mikael, and we will 00:00:15.432 -- 00:00:19.598 take you through our Q3 report 00:00:19.598 -- 00:00:24.826 that we published earlier this morning. So if we start with the first slide, 00:00:24.826 -- 00:00:30.066 the overall group structure is unchanged. Continuing good performance 00:00:30.066 -- 00:00:34.336 of our operations despite the challenging business climate. 00:00:34.336 -- 00:00:39.608 The construction market is still slow overall, but some areas are growing thanks to trends 00:00:39.608 -- 00:00:42.935 like energy efficiency, automation, 00:00:42.935 -- 00:00:46.707 where several of our businesses are well positioned. 00:00:46.707 -- 00:00:51.956 I will comment more on the financial outcome more in detail later on in this presentation. 00:00:51.956 -- 00:00:57.365 As for the US tariffs, Latour's exposure in the US corresponds to 11% of 00:00:57.365 -- 00:01:02.674 our total net sales and the effects from tariffs are limited. 00:01:02.674 -- 00:01:07.682 Kaljan, Hultafors Group, Nordlok Group and REAC within Latour's indices have the most 00:01:07.682 -- 00:01:10.383 exposure in the US. 00:01:10.383 -- 00:01:15.289 and we aim to pass on as much of the increased costs to customers as 00:01:15.289 -- 00:01:19.051 possible related to tariffs. 00:01:19.053 -- 00:01:22.054 And if we go to the next slide 00:01:22.417 -- 00:01:25.661 with our portfolio of the 10 listed companies, 00:01:25.661 -- 00:01:30.827 the majority of our companies have reported for the Q3, and the pictu...