Luotea Oyj (0F29) Q2 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a04188-0f53-75b0-a326-a990b3decfee Created: 2026-08-27T04:43:53.349Z Duration: 2062.176 Channels: 1 00:00:00.000 -- 00:00:01.919 Thank you for joining us today. 00:00:04.080 -- 00:00:06.720 In this session, we will walk you through 00:00:06.720 -- 00:00:09.919 our second quarter performance and key financials 00:00:09.920 -- 00:00:12.960 and take a look at Luotea's strategic direction 00:00:12.960 -- 00:00:13.759 going forward. 00:00:14.585 -- 00:00:15.945 I will deliver 00:00:16.744 -- 00:00:20.505 the presentation together with our CFO, Mikas Tirkinen. 00:00:20.585 -- 00:00:22.185 And throughout the presentation, 00:00:22.185 -- 00:00:24.824 you can submit questions in the comment field 00:00:24.825 -- 00:00:26.505 and we will address them in a Q 00:00:26.505 -- 00:00:28.265 and A session at the end of the 00:00:28.265 -- 00:00:28.744 webcast. 00:00:31.970 -- 00:00:34.530 I will start with some highlights from the 00:00:34.530 -- 00:00:35.649 second quarter. 00:00:35.970 -- 00:00:38.610 In Q2, our group net sales increased by 00:00:38.610 -- 00:00:40.050 1.5% 00:00:40.210 -- 00:00:42.449 from the second quarter of last year. 00:00:43.255 -- 00:00:47.015 Our adjusted EBITA was €2,500,000 00:00:47.015 -- 00:00:49.255 up from €1,900,000 00:00:49.255 -- 00:00:51.575 in the corresponding quarter last year. 00:00:52.055 -- 00:00:53.815 And adjusted EBIT 00:00:53.815 -- 00:00:55.575 was €2,200,000 00:00:55.575 -- 00:00:58.120 up from €1,500,000 00:00:58.120 -- 00:00:59.159 last year. 00:01:00.039 -- 00:01:02.600 This year, we expect reported group cost to 00:01:02.600 -- 00:01:04.680 normalize and group cost to decrease. 00:01:04.920 -- 00:01:08.119 Another positive development has been seen in our 00:01:08.119 ...