Nimbus Group AB (BOAT) Q2 2026 Earnings Call

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WEBVTT 00:00:00.091 -- 00:00:03.895 Welcome to the Nimbus Group Q2 report for 2026. 00:00:03.895 -- 00:00:09.420 This is Johan Indum, CEO speaking, and together with me, 00:00:09.420 -- 00:00:13.033 I have Christian Johansson, our CFO. 00:00:13.033 -- 00:00:18.114 If we start by framing the quarter, we continue navigating 00:00:18.114 -- 00:00:22.375 a cautious market resulting in lower volumes. 00:00:22.375 -- 00:00:27.536 However, we are able to compensate these lower volumes by improved performance across 00:00:27.536 -- 00:00:31.757 the company. And I'll come to that when we disclose the numbers. 00:00:31.757 -- 00:00:37.098 And I would say that we are navigating these rough waters with a steady hand on the wheel 00:00:37.098 -- 00:00:40.946 and and making sure that we keep a good heading. 00:00:40.946 -- 00:00:45.730 If we look at the numbers then, to summarize the quarter, net sales amounted 00:00:45.730 -- 00:00:50.514 to 479 million SEK, that is 16% 00:00:50.514 -- 00:00:55.438 lower than last year, and that's consistent also across the first half. 00:00:55.438 -- 00:01:00.681 So we see a market that is then trending for us 16% lower. 00:01:01.159 -- 00:01:05.300 If we look at the order book, that's also consistent with the numbers. 00:01:05.300 -- 00:01:10.422 It's 15% lower than last year. So we see a market that is kind of stabilizing on that 00:01:10.422 -- 00:01:12.382 level. 00:01:12.382 -- 00:01:16.843 And I'll come back to the details on the order book with a split between commercial and 00:01:16.843 -- 00:01:22.364 retails on the next slide. Then coming to the compensation, 00:01:22.365 -- 00:01:26.468 we see a gross profit coming in at the same level 00:01:26.468 -- 00:01:31.873 as last year. And percentage-wise or margin-wise, of course, that is an...