Nobia AB (publ) (NOBI) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Nobia Q2 Report 2026 Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 1, 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1, 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Jesper Jueling Olsson, Group CEO. Please go ahead. Good morning and welcome. Since stepping into the CEO role six weeks ago, I am still new in this position, but I'm not new to Nobia. Through my years with HGH, I have firsthand seen the strength of our brands, the dedication of our people, and the opportunities that emerge when we work together with focus and urgency. Over the past weeks, I've spent time across the business, listening, learning, and engaging with colleagues, customers, and partners. My conviction is stronger than ever. Nobia has valuable assets leading brands and significant potential. Today, I will share my initial observations, our Q2 performance and how we are progressing on the priorities that will strengthen Novia and create long-term value. Let's get started. Highlights from Q2. the Nordic kitchen market remains challenging with demand continuing at a low level and customer remaining cautious. While we are encouraged by the positive development in both Sigdal and HGH, we are not yet seeing a stable market rebound on the horizon. With that said, we are seeing signs of stabilization Through disciplined cost control and a continued focus on operational efficiency, we have made prog...