Netel Holding AB (NETEL) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.295 Welcome to Natel Q2 Report for 2026. For the first part of the conference call, 00:00:05.295 -- 00:00:07.937 the participants will be in listen-only mode. 00:00:07.937 -- 00:00:13.041 During the questions and answer session, participants are able to ask questions by dialing 00:00:13.041 -- 00:00:18.545 pound key 5 on their telephone keypad. Now I will hand the conference over to CEO 00:00:18.545 -- 00:00:22.568 and President Jeanette Ruderskild and CFO Frederick Hellenius. 00:00:22.568 -- 00:00:25.069 Please go ahead. 00:00:26.227 -- 00:00:31.111 Good morning and welcome to our presentation of our second quarter's results. 00:00:31.111 -- 00:00:35.274 My name is Jeanette Reiterskjöld and I'm president and CEO of Netel. 00:00:35.274 -- 00:00:40.396 And with me, I have usually Fredrik Helene, our CFO. 00:00:41.833 -- 00:00:45.836 During today's presentation, I will start by running through the key developments in 00:00:45.836 -- 00:00:51.801 the second quarters, as well as information about announced intended merger with Infria. 00:00:51.801 -- 00:00:56.084 I will also give you a market update and highlights from our recent business wins in 00:00:56.084 -- 00:01:01.348 the quarter. And Fredrik will then, as usually, go through the financials in more detail 00:01:01.348 -- 00:01:06.331 before I make a short summary and we open up for questions. 00:01:08.774 -- 00:01:12.166 Netea's performance in the second quarter 00:01:12.166 -- 00:01:17.251 followed the normal seasonal pattern with increased product volumes and improved revenue 00:01:17.251 -- 00:01:19.754 compared with the first quarter. 00:01:19.754 -- 00:01:25.340 Net sales declined in both second quarter and year to date compared with prior year, 00:01:25.340 -- 00:01:30.605 whi...