NCAB Group AB (publ) (NCAB) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much and welcome all to our Q4 release. First, a few bit of information about NCAB. So we at NCAB, we are a supplier of printed circuit boards and those are the products that you see to the left of this slide, which basically creates the foundation in any electronic or intelligent product. So our customers are the ones placing components on the boards that could be either OEM customers or it could be contract manufacturers. Our focus is on printed circuit board for demanding customers. We are focusing on customers with high demands in terms of quality, technology, and we aim to supply them with zero defect products produced also sustainably, giving them the most competitive offer by offering an overall lowest total cost. We are aiming to be the number one PCB supplier wherever we are, and we are already the globally leading producer of printed circuit boards worldwide. We are operating with a local presence in around 19 countries. We are some 660 specialists in the group and we have no in-house manufacturing, but are working with a network of factories and our main factories, which are currently around 34, make up around 90% of our total deliveries. Besides looking at the demanding customers, we're also focused on the high mix, low volume segments of the market. So we are not involved in super high volume applications like consumer electronics, mobile phones or computers, but more typically industrial products. So products where generally the final product has a significantly higher value. The printed circuit board is a small part of the building material. Demands, however, can be very hard in terms of quality and environmental ability to withstand and also even if these our customers in these segments are very quite often large globally leading compan...