MilDef Group AB (publ) (MILDEF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

So with no further ado, please take it away, my dear colleague and our CEO and President Daniel Ljunggren. And remember, Daniel, to help the listeners in the audience that dial in to actually state the numbers on the slides that we present. That's a request from one of our lovely shareholders. Take it away, Daniel. Thank you very much, Yolof. And a really warm welcome to everyone here for this conference call of our Q2 report. And I will try to do my best, Yolof, to make sure that You're all aware on which slide we are on, so to say. I think it's better we just deep dive directly into the highlights of the Q2 on the second slide. Number one is that we still have a positive order intake trend. We saw in the second quarter here, all-time high record quarter for order intake. We are more than doubling the order intake if we compare to Q2 in 2024. We're growing the order intake by 116% and 58% of that is organic and the rest is coming from acquisition of German company Rhoda. So there is a really high activities on the market. The order intake is really strong and that is putting us in a good position for the second half of 2025 and also beyond that. The second bullets around is what triggering the announced profit warning that we did last week on Friday. It's around that we have moved to deliveries from Q2 to Q3. And that, of course, has a clearly negative impact on both net sales, but also the profit here in the second quarter. For us, the move deliveries is nothing operational-wise. This is quite undramatic. This is something that happened in our industry from time to time. And we are, of course, doing this in some very close collaboration and dialogue with both the customer and also the end user. But it's, of course, highly impacting our Q2 numbers. And I have said i...