Nimbus Group AB (BOAT) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

We have Flipper also there and you may think, didn't they sell that? And we did, but we can still use the name for a period of time. That's the reason we still, because we are selling still Flipper. I will not mention everything on this slide, but at the end you find 2025 May, new organizational structure implemented. And this is a big thing for us. And if we look from an internal perspective, it will make us more efficient and also focused on our core business. And if we look upon it externally, it's our belief that it will be easier to follow and understand our business. If we then switch page. Then we come to commercial sales. And this new organization I was talking about, you can actually see it as we have three business legs. We have the commercial sales, which I will then present for you now. We have the retail sales that Rasmus will talk about later on here. And we also then have the operation and operations that you find the boat building, both by our own, but also the outsourced. And that is more or less included in everything we do. But if we then look at the commercial sales, sales drop 8%, similar as for the group, still small numbers and more coincident, I should say, it's not that many boats we're talking about. Important for us is that we see them more activity and we are closer to a done deal. And the proof of that then may be then that, as we say here, the improved order intake in North America. If we look below in the chart, you can see then that North America has a big jump up from the order intake perspective. But let's not forget about Europe. Europe has struggled for, I should say, two years now. And even if it's done from blue figures, we actually have doubled the order intake in Europe. And this is a really good sign for us. And the order inta...