Nimbus Group AB (BOAT) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

now i will hand the conference over to the ceo johan inden cfo rasmus alvemer and head of investor relations gunala omen please go ahead good morning and welcome everyone to the nimbus group presentation of the q3 report this is johan inden speaking and before we flip to the next slide i'd just like to introduce one of our new products the edgewater 250 center console it's a family-friendly sport fish that we have just introduced to the american market and then let's introduce myself it's my first q3 report i joined nimbo's group as the ceo from september 1st And on this first report, I thought we might spend two minutes just on my background. I've spent the last decade and some in Volvo Penta's executive team. I started out running technology and purchasing for Volvo Penta, which is exposed then to the global marine business as well as industrial sales to industrial companies. And then the last seven years on the commercial side as the president for the global marine business. So in simple way of saying it, the world's boat builders were my customers, including Nimbus. And now I'm happy to join the Nimbus team. Then prior as well, I spent a number of years with technology investments and venture capital. I think I bring a deep understanding and also network in the global marine industry, a strong industrial foundation on how it is to run a global industrial company. as well as a good understanding of technology-based companies, building value and seeing the investor perspective. I think those will be useful traits in my new job. I'm really happy to join this group. So let's go to the performance and how we are doing then in the third quarter. First of all, I must say the quarter has been characterized by a challenging market environment. There are two things that I ...