Momentum Group AB (publ) (MMGR_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Momentum Group Interim Report for Q2 2025. I'm Alf Liljes, CEO, joined by Niklas Enmark, Vice President and CFO. Today we will share key Q2 highlights, recent acquisitions and financial updates. We conclude with an overview of our business framework and progress on our five-year plan. Now let's move to the report highlights. The group delivered a stable performance in the second quarter of the year, which was characterized by a challenging global environment and soft demand. Acquisitions contributed positively to the outcome, with the group's revenue up 7% and EBITDA improving 5% during the quarter compared with the year earlier period. Year-to-date, six companies have been acquired, of which two in Q2, with a combined annual revenue of approximately SEK 300 million. During the second quarter, our operations continued to offset an uncertain global environment and cautious demand. Nonetheless, we delivered a quarter with improved earnings and stable cash flow. Acquisitions made a positive contribution to both revenue and profit, and our decentralized structure together with the strong financial position mean we are well equipped to handle changes and take advantage of new opportunities. The business climate in our main markets in the Nordic region remained generally somewhat sluggish during the quarter. A number of customers acted cautiously and prioritized cost savings, which was probably linked to uncertainty surrounding their own demand. For our larger customer segments, automotive, the metal and mining industries, and parts of the power and heat generation industry, this was reflected in lower product sales and fewer repair projects and maintenance shutdowns. Despite these challenges, Companies demonstrated a high level of adaptability while maintai...