Kalmar Oyj B (KMROF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everybody from a sunny, cold and snowy Helsinki. Welcome to Kalmar's Financial Statements Review 2025 webcast. My name is Carina Gebarteir and I'm heading the investor relations at Kalmar. Today's result will be presented by our president and CEO Sami Niiranen and CFO Sakari Ahdekivi. We have a Q&A session at the end of this presentation where you can ask questions. I would like to remind you that the webcast is recorded and it will be found on the Commerce Investor Relations website later today. Please also pay attention to the disclaimer as we will be making forward-looking statements. We are now ready to start the presentation. Please, Sami, the floor is yours. Thank you very much, Carina, and good morning, everyone from Helsinki. It's my pleasure to present Kalmar's fourth quarter 2025 results. And starting with the highlights. In 2025, Kalmar continued its successful performance in an environment characterized by geopolitical turmoil and trade tensions. During these unpredictable times, we demonstrated resilience and performed well in many areas. Our orders growth was strong, sales development was stable, and we improved in profitability. Our focus of becoming a service driven company remained while we continued investments into world class sustainable innovations. The fourth quarter was a strong finish to the year. I will cover the main outcomes of the financials here and cover the details in the following slides. Firstly, our orders increased with 5% to a record level of 511 million euros, boosted by a few sizable equipment orders in the quarter. We are proud to report that our sales grew by 11% to 487 million euros. We saw stable demand environments in the last quarter of the year, which was in line with the previous quarter. The overall demand ...