Mentice AB (publ) (MNTC) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. My name is Richard Engberg, and I'm an equity research analyst here at D&B Carnegie. With me, I have Frans Venkert, CEO of Mentes, and Ulrika Drots, CFO of Mentes, to present the third quarter. So, the scene is yours. Welcome. Thank you, Richard. Thank you for having us here. We are proud to share the third quarter results. I'm here together, of course, with Ulrika Drots, our CFO. And so we're going to present not only the highlights and the overview, but also the financial results as also some concluding remarks and also question and answers afterwards. If we look at the third quarter, actually we see quite a strong performance. And it's really our strategic actions are starting to yield results. As you know, we did quite a change also in reduction of operating expenses during the third quarter, executed in the third quarter. And so that is also really driving and bearing the fruits that we see. So overall, we see a net sales of 71 million SAC. That is more than 22% up year over year, quarter over quarter. as also it is an organic growth of 30% offset by some foreign exchange. And we're proud of that result, what we see. On the rolling 12 months, we recovered and also our sales from 275 million SEC, and that is more or less in line also with the period of last year. If we look at the order intake, what we see is that it is slightly down 2% year over year. We're now at 57.6 million SEC. That is basically a little bit down. If you look at the foreign exchange, we've also impacted this. Overall, it would be effectively flat. This is also due to the fact that there were two larger orders that we could not get into the third quarter, and they actually just moved into the fourth quarter, and more on that later as well, on the sentiment, what we see...