Nobia AB (publ) (NOBI) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.198 Good day and thank you for standing by. Welcome to NoBR Q3 00:00:05.198 -- 00:00:07.360 Report 2025. 00:00:07.360 -- 00:00:12.307 At this time, all participants are in a listen-only mode. 00:00:12.307 -- 00:00:17.613 After the speaker's presentation, there will be a question and answer session. 00:00:17.613 -- 00:00:22.640 To ask a question during the session, you'll need to press star 1 and 1 on your 00:00:22.640 -- 00:00:24.682 telephone keypad. 00:00:24.682 -- 00:00:29.444 You will then hear an automated message advising your hand is raised. 00:00:29.444 -- 00:00:34.232 To withdraw your question, please press star 1 and 1 again. 00:00:34.232 -- 00:00:38.378 Please be advised that today's conference is being recorded. 00:00:38.378 -- 00:00:42.545 I would now like to hand the conference over to your first speaker today, Christopher 00:00:42.545 -- 00:00:46.711 Longfelt, CEO. Please go ahead. 00:00:46.711 -- 00:00:49.796 Good morning, everybody, and thank you all for joining. 00:00:49.796 -- 00:00:52.647 We start with some key highlights for the quarter. 00:00:52.647 -- 00:00:57.652 And similar to our last quarter, we continue to improve operating performance 00:00:57.652 -- 00:01:02.816 and strengthen our EBIT and cash flow, despite soft product markets. 00:01:02.816 -- 00:01:07.381 And even on these historical low levels, we have demonstrated that we can operate above 00:01:07.381 -- 00:01:13.465 8% in the Nordic region, also on a rolling 12-month basis. 00:01:13.466 -- 00:01:18.471 With regards to group net sales in the quarter, it declined organically by 3%, 00:01:18.471 -- 00:01:21.824 driven by volume decline in the product segment in both regions. 00:01:21.824 -- 00:01:27.771 and especially in the UK, which also led to furth...