Karnell Group AB ser. B (KARNEL_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to this Q2 report for 2025. And I'm Petter Molinius, the CEO of Kanell. And with me today, I have my CFO Lars Nierit. And we will be walking you through our financials performance for the quarter and discussing our strategic initiatives and providing insights into our recent acquisitions. Here is what we have lined up for you today. I'll start with a brief introduction to our Q2 report. Lars will then give you more details around our business units and their performance. I will then give you a short introduction to our acquisition, Warwick Sasko, even though we talked about that during our last call, and then Landa Halesley, which is the company we acquired on the July 4th. We have also reserved some time at the end for a Q&A session. And as I mentioned the last time, we have decided to slim down the introduction as our audience knows us really well. But with that said, we're also very happy to have introductionary calls with institutional investors. Just contact us at ir.canel.se. Kanell is an active long-term owner of industrial technology companies, focusing on acquiring small to medium-sized companies with strong positions in niche markets. We have a disciplined acquisition strategy, prioritizing quality and industrial leadership. As of now, Kanell comprises of 18 companies across Finland, Sweden and the UK, employing approximately 700 people. We strive for transparency, even if it means sharing numbers that may sting in the short term. We believe that that will benefit Kanell and our shareholders in the long term. And with that introduction done, let's turn to our Q2. Kanell delivered a strong performance in the second quarter of 2025, despite the continued macroeconomics uncertainties. Both revenue and EBITDA increased at group level. During the second ...