Nobia AB (publ) (NOBI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Nobia Second Quarter Report 2025 conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be the question and answer session. To ask a question during the session, you need to press star 1 1 on your telephone keypad. You will hear an automatic message advising your hand is raised. To withdraw a question, please press star 1 1 again. Please be advised that this conference is being recorded. I would now like to hand the conference over to our first speaker today, Tobias Nobby, Head of Investor Relations. Please go ahead. Thank you. Good morning and welcome everyone to Nobby's second quarter 2025 results presentation. Presentation today will be conducted by our President and CEO, Mr. Christoph Jungfeldt. as well as Henrik Skogsbors, our chief financial officer. And with those words, I hand it over to you, Kristoffer. Thank you. Good morning, everyone, and thank you all for joining today. Let me start off with some key highlights for the quarter. So in Q2, we continue to improve EBIT, improve our EBIT margin and our cash flow. And we do so in a continued challenging market. with historically low volumes in our core segment, the construction market for residential property. The Nordic region, we continue to perform strongly with an EBIT margin now improved to 8.9% despite sales decline and during a large supply chain transformation, which is progressing according to plan. Group net sales declined organically by 5% in the quarter, driven by the volume decline in the product segment. and less sales on the back of the store closures in the UK. However, and on a positive note, we are pleased with our growth and performance in the consumer segment. Some of the gr...