Lifco AB (publ) (LIFCO_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to LIFCO Q2 Report for 2025. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound five on their telephone keypad. Now I will hand the conference over to CEO Per Waldemarsson and CFO Therese Hoffman. Please go ahead. Thank you and good morning and welcome to everyone. We can start with page number two in our investor presentation and take a look at the overall numbers for the LIFCO group. And if we start with the second quarter on the sales line, it was a softer quarter where some segments faced more difficult market conditions. We will come back to that shortly. Overall, the sales grow with roughly 3%. with a slight positive organic growth around 0.5%. We had negative effect from foreign exchange rates of 4.4% and around 7% growth from acquisition in the quarter. In the quarter dental had somewhat negative effect in the second quarter from a later Easter this year compared to previous year. overall if we go further down and look at profit and margins we can mention already here that in general the areas with slightly higher margins had weaker development than the areas with slightly lower margins in let's go we will come back to that in different areas later on and this led to a negative product mix effect in the quarter both in solutions and also in demolition tools had similar effects So the EBITDA declined by 2.8% because of that. And also this product mix effect had negative impact on the EBITDA margin, which declined from 23.9% in previous year to 22.5% in this quarter. I'd also like to mention in the cash flow line, it declined 8.5%. which partly has to do with a small decline in EBITDA, but also due to working capital bu...