Midsona AB (publ) (MSON_B) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Midsona Q2 Report 2026 presentation. During the Q&A session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now, I will hand the conference over to the speakers, President and CEO Henrik Hjalmarsson and CFO Niklas Lundin. Please go ahead. Good morning everybody and welcome to this presentation of Midsona's second quarter and first half year results. My name is Henrik Hjalmarsson. I am the president and CEO and with me I have Niklas Lundin, CFO. We're going to spend the coming 20-25 minutes with me going through an overview of the second quarter and first half year and Niklas then going through a bit more of the details. And after this, as usual, there will be plenty of time for questions. But starting with a brief introduction to us for those of you who might be new to us. So we are a European natural and healthy food group. Roughly 3.6 billion SEK revenue last year in seven geographies in Europe, roughly 700 employees and 50 own brands. We're well positioned in categories with structurally growing demand, driven by an increasing interest in health and sustainability, with a good combination of strong local brands, as well as a stable European platform with scalable European brands. And we have a vision to become a leading European player within natural and healthy food. First, I thought I'd start with an overview of the second quarter, starting here in the top left hand box on the right hand side with sales. So sales grew by 5 million SEK to 870 million SEK, an organic decline of 1.2%. The organic decline is driven mainly by contract manufacturing and as a result of the fire in our Spanish operation at the start of the third quarter last year, as well as in general more selective contract manufacturing activities....