New Wave Group AB (NEWA_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Very, very welcome to the presentation of Q3 and to this day that we hopefully will spend together, all of us. If we start with Q3, I'm quite happy with the quarter. You can say I'm actually happy with all points, excluding the one-off cost we had in the US. But otherwise, the growth is up to 8.3 if you combine organic with acquired. In local currencies, I should say, because in the whole P&L, the currency affects quite a lot on all lines. So we have come closer to the minimum of 10% again that we want to have in growth. Here is really nothing new. The number of employees will increase the coming quarter due to Cotton Classic. If I understood correctly, Anna is in this figure with one twelfth part of the employees there. So that will increase. We are out in 25 countries now, and the segments you know. Yeah, nothing has changed here. I think I recognize most of you, so I think you're familiar with those three different segments. The only thing, the big change is actually undercorporate, where you now have done since 1st of September, Cotton Classic in. But the external brands they are selling, we will not take up as a brand here. And they have started to sell our, and I will come back to that in the afternoon. Yeah, on the 1st of September, we consolidated Kotlin Classic, which is very, very nice. We have that as a point in the afternoon, so I will not talk so much about that in this presentation. We had one, of course, for the COVID loans in the US that are taken in Q3, and we also announced it before the report a couple of weeks before. I don't remember the exact date. and the currency continues to have negative reflections for us. I think that it will be more stable, but no one knows. Quarter in brief, 8.3% sales increase, and including currencies, in local currenc...