Nordnet AB (publ) (SAVE) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Jettinga Q3 Report 2025 presentation. During the questions and answer session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now I will hand the conference over to the speakers, CEO Matthias Peerjus and CFO Agnetha Palmer. Please go ahead. Thank you very much and welcome everyone to today's conference. Today we will first look into our performance in the third quarter and then also reflect a bit on the current market situation and our expectations for the remainder of 2025. So we can move over to page number two, please. So if we start then by looking at the development of some of our long-term or strategic KPIs, we can see that we continue to clearly track in line with our plan to increase the share of sales from recurring revenue products and also accelerating the share of sales from high margin products like our Paragonics offering, our ECLS portfolio, consumables in infection prevention and beta bags in sterile transfer. This is all supported by solid and effective quality processes as well. Sales from recurring revenue is now at 65% and high margin products make up more than two-thirds of sales today. When it comes to quality, the number of field actions in relation to sales has decreased significantly and we see this positive trend continue also in the third quarter of this year. These improvements should of course be achieved through responsible leverage and an attractive long-term return on invested capital. We can move then to page number three, please. So if we focus then on the third quarter for a moment and the key takeaways for the quarter, we can see that we show strength in the quarter with significant growth on the top line. Net sales grew by 9.5% organically with positive development in all...