Netel Holding AB (NETEL) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to CEO and President Jeanette Ruderskild and CFO Fredrik Hellenius. Please go ahead. Good morning and welcome to our presentation of our Q3 result. My name is Jeanette Ruderskild and I'm President and CEO of Natel. With me I have Fredrik Hellenius, our CFO. During today's presentation, we will first go through how we see our market position and our strategic shift we have made with new customers and new geographies in the countries we operate with focus in Sweden and Norway. Then I will go through why our profitability has fallen so much during this quarter. After that, of course, I will go through all the activities and measures we have started and intend to continue working on in 2026 to improve our markets. We give our indication for 2025 and 2026 and as usual go into more detail in our financial figures together with Fredrik. We conclude by going through our financing situation and then a short summary. Okay, then we move on to describe our market and our position. Our underlying markets are healthy and driven by the megatrends of electrification, digitalization and the modernization of critical infrastructure. We also have a strong offering, which is reflected in our constantly high order backlog of over 3.8 billion. Our business is characterized by long-term customer relationships. And we have worked for many years with some of Scandinavia's largest telecom operators, such as Tele2 and Telenor, and energy companies such as E.ON and Vattenfall. A year ago, we made a strategic decision to adjust our strategy and expand geographically in Sweden, Norway and Germany. At the same time, we stated that we would seek new customer segments, particu...