Odfjell Technology Ltd (ODTLF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Oddfjell Technologies Q2 presentation. My name is Gert Haugland. I'm the FTP for Finance and Investor Relations. I'm joined today by our CEO, Simon Leung, and our CFO, Jone Tostensen. The full presentation is available on our website, and I ask you to take note of the disclaimer on page two. Simon will start with the key highlights, including market outlook, backlog, and contract status. Jona will then take you through the financial results before we conclude the Q&A session. You can submit your questions through the webcast portal or by using the dial-in numbers. I now give the word to Simon. Thank you, Gert. Thank you so much and welcome to the Q2 conference call, all of you. Just to start with a quick focus on the company itself. We have still a global presence. We operate in more than 30 countries and we are actually looking at also new areas. We have a strong liquidity position. We have a substantial equipment pool with 4.6 billion NOK as a value. And we have maintained a very strong order backlog over the period. From highlights... This one, yeah. Sorry. Sorry, I just flipped a little bit wrong here. Sorry. Highlights are... Financial highlights are... As I said, the revenue is approximately 1.4 billion. We have achieved 193 million NOC EBIT DA. If we adjust for the restructuring costs, we will come back to later, and some one-offs, the underlying operations are about 204, which indicates a trend. for increased earnings and margins, as we have also indicated earlier in the second half of 2025. The order backlog, as I said, maintained at a high level, and the good news is that we also see more activity within the rail services sector, which has also grown their backlog over the period. still pay 60 million dividend. We have done that for a while now, ...