Mentice AB (publ) (MNTC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome, everyone. My name is Richard Engberg and I'm an equity research analyst here at TMB Carnegie. With me, I have Frans Venke, CEO and Ulrika Drots, CFO of Mentes. And today we're going to present the fourth quarter of Mentes. Frans and Ulrika, the stage is yours. Thank you, Richard. Thanks for having me. We have Ulrika from Gothenburg. Unfortunately, she would not be here. So we are basically, Ulrika is virtually and I'm here in person. So what we have today for you is, first of all, the highlights for the Q4 results, as also the financial results by Ulrike, our chief financial officer. I will provide concluding remarks, and then we can go towards the Q&A. So overall, what we saw for the quarter, and this is also the summary to it, we saw an encouraging sales of 91 million Swedish krona. And so that meant an organic growth of 18%. And that was equivalent to 5% if you compare that or basically correct that for foreign exchange, and especially the Swedish krona, the strength of it. The full year net sales came towards 279 compared to 290 million SEC last year. Again, a growth of 3%, but also due to, again, foreign exchange, it was effectively a negative. So overall order intake, we were very pleased with 127 million SEC, an organic growth of 25%. And that really carried the momentum that we also saw in Q3 into the year. So full year, we had an intake growth of 8% organically, equivalent to 2% year over year, again corrected by foreign exchange. And this really showed that in the second half of the year, we had significant momentum. And that's also what you can see in Q3 and Q4, both in sales as also in the order intake. And that more or less corrected also what we did in the first two quarters of the year. EBITDA margin improved towards 25%. It w...