NOTE AB (publ) (NOTE) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

This slide becomes more and more worded, so we need to start to deword it because we have so many things we want to talk about. But we are investing for the future and for continued profitability. As I said many times before, our profitability comes from our operational performance. It's not that we are increasing prices or pricing our customers in another way. We simply try to be more efficient than our peers. And that is why we are making a few percent higher than the industry standard. All that comes from investments. It comes from using more modern tools, using AI agents to be more smart in how we produce. We try to decrease the number of workers compared to our sales and so on. But all that comes with the price, and that is for us investment in both equipment and in building, so we can facilitate more production in the current, how shall I say, frame that we work from. And this work continues. And it's also good that during then, I mean, we have built up Torsby. We will move into the new premises, I think, in the end of November. And then we will start to move production in there in the first quarter next year. That has happened, but in the meantime, Torsby is still generating very good business. And that does not interfere with our ability to be operational efficient. So we are quite good in doing large projects. Now we are approaching two moves in the next year, while Lund is moving to new premises and also... Hyvinke will move to new premises. But we are confident that that will be a smooth transition because we do this quite often. And this is part of our DNA to be efficient and strong in these kind of activities. And for those that follow us, know that this is one of my most important topics, that our production is our engine, it's our heart, and we are pro...