Invisio AB (publ) (IVSO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

welcome to india's presentation of the interim report january to september 2025. for the first part of the conference call the participants will be in listen only mode during the questions and answer session participants are able to ask questions by dialing pound key 5 on their telephone keypad now i will hand the conference over to the ceo lars hoygard hansen please go ahead Thank you and welcome everyone. So the outcome of our third quarter 2025 is to a great degree already known since we published the key figures already some weeks ago. And therefore, I will focus on some of the operational and business highlights in the quarter. It has been a very busy quarter on all parameters. We have seen high levels of activities in all geographies and all customer areas, and we saw a result in terms of strong underlying intake of small and medium sized orders. And with the delivery delays that we announced some weeks ago, this means that the order that we have at the end of the quarter has been significantly strengthened. Even though we also still see some impact from tariffs in the U.S., we still maintain healthy margins. But the fact of the matter is that this quarter, from a financial point of view, of course, is disappointing since we have lower revenues than expected. And because of our business model, we also have manufacturing, our operation margin is But back to the operational highlights, because it has been very, very busy, and three things that stand out. First of all, the 10-year frame over agreement that we had with the U.S. Coast Guard with a value of up to 99 million U.S. dollars, or 900 million U.S. dollars. After the quarter, we also entered into a five-year framework agreement with the Netherlands, MOD, which is a defense, with an option for another two yea...