NKT A/S (NRKBY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to NKT's presentation of the interim report for the first half of 2025. For the first part of this call, all participants are in a listen-only mode, and afterwards, there will be a question-and-answer session. To ask a question, please press 5-star on your telephone keypad. This call is being recorded. Today's speakers are President and CEO Claes Vesterlind and CFO Dean Andrea Pantrup. Please begin your meeting. Thank you. Good morning, everybody. And welcome to this conference call covering our interim report for the first half of 2025. My name is Claes Westerlind, and I'm the CEO. And as usual, I'm joined by our CFO, Lina Fandrup, for today's call. In the first part of the presentation, I will cover the overall and business lines development, while Lina afterwards will go through the financials for the first half of the year and the second quarter. Let's move on to slide three. Before going into the presentation, I will ask you all to pay close attention to this disclaimer as the presentation may contain forward-looking statements. Now let's move on to our key messages for the quarter. The positive development was maintained in the second quarter of 2025. The stringent focus on execution, both of our backlog and the investments to increase capacity across the businesses was maintained. Throughout the quarter, the activity was high across all three business lines, and again here in Q2, we delivered double-digit organic growth. On the earnings side, for the first time in company history, our operational EBITDA exceeded 100 million euros, which is up 22% compared to last year. This is a remarkable achievement, a notable milestone for us as a company, and it's also a testament to the hard work by all our employees. The improvement compared to Q2 in last year wa...