ITAB Shop Concept AB (publ) (ITAB) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Now I will hand the conference over to CEO Andreas Elgaard and Acting CFO Andreas Helmersson. Please go ahead. Thank you very much. And thanks to everybody that is tuning in live or that will listen to the recording afterwards. So today we present the interim report for the second quarter of 2025. And as usual, I will start by reminding everybody a little bit about who we are, if there are newcomers to the call. So at a glance, ITAP Group, if you look at the pro forma for 2024, we have 24 production facilities in 17 countries. We operate in more than 40 countries and we have almost five and a half thousand employees, summing up to a revenue of just above 13 billion Swedish, and with an adjusted EBIT in 2024 of 918 million, and that gave a margin of 6.9%. Our main customer groups are grocery, do-it-yourself, fashion, and then basically all aspects of retail, all sectors within retail, we have some activity, small or large. And I will come into that a little bit on the next slide. And what we offer the market is really, We work with the physical stores, so we help retailers to realize their brand value and display that to consumers in the desired way. And that is mainly through retail interiors, but also through technology, through lighting and services that we put together in solutions that helps them to achieve their outcome. ITAB today, and maybe I should just, why do we talk about Proforma? Of course, we talk about Proforma because we have made a huge acquisition where we acquired one of our largest competitors. And that deal went through the 1st of February this year. And that's why we talk about Proforma for 24. And we also talk about Proforma in our reports and so on. We are now the clear leader in Europe and we have a global reach. So we are active on all conti...