Midsona AB (publ) (MSON_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Midsona Q3 Report 2025 presentation. During the questions and answers session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now, I will hand the conference over to the speakers, President and CEO Henrik Jolmarsson and CFO Max Baconder. Please go ahead. Good morning everybody and welcome to this presentation of Midsona's third quarter 2025 results. My name is Henrik Almasson, I am the president and CEO and with me I have Max Bokander, CFO. We will spend the coming 20 minutes or so going through an overview of the third quarter as well as by Max a bit more details on the financials after which time there will be plenty of time for questions. But before we go into this, just a few words on Midsona for those of you who might be new to us. We are one of the European leaders within the space of food that's good for you and good for the world, with a mission to provide healthy food for people and planet. Most of our products are plant-based and are vegetarian, and many are natural and organic. We are organized in three divisions, with Nordics being the largest, with almost two-thirds revenues, covering the four big Nordic countries, Sweden, Denmark, Finland, and Norway. Second biggest is Division North, which mainly covers Germany. And last but not least, we also have operations in France and Spain in Division South, with 11% of the revenues. We're headquartered in Malmö, Sweden and listed on the Stockholm Stock Exchange since 1999. So with that, jumping into the highlights of the third quarter 2025, where the overarching story is a good step in the right direction. As you can see in the graphs on the right-hand side, looking at the top right-hand pink box, we saw a good margin growth in the quarter by 1.5 percen...