OssDsign AB (publ) (OSSD) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to this webcast with OsterSign. We're CEO Morten Henneveld and CFO Anders Svensson will present the report for the third quarter of 2025. After the presentation, there will be a Q&A. So if you have any questions for the company, please submit them using the form to the right. And with that said, I hand over the word to you guys. Thank you very much and welcome everyone. My name is Morten Henneveld. I'm the CEO of OsterSign. And as always, I have our CFO Anders Svensson with me today. And today we want to walk you through our third quarter result and the result for the first nine months. As always when we do these things we have the normal disclaimer. Before we go into the details I want to give you my view of the highlights in the quarter. Firstly we continue to see good growth. In the first half of the quarter, we witnessed a general dip in procedures due to seasonality. But very importantly, the quarter finished exceptionally strong with September being the highest sales month ever recorded. And I can also disclose that we have seen that trajectory continue into the month of October. It's also worth noting that the optics quarter over quarter is significantly skewed by the changed order pattern from a few larger customers, resulting in 1.5 million in sales that shifted from Q3 into the last day of Q2, which we also communicated with the second quarter report. And then we also saw further deterioration in the USD exchange rate. And adjusted for this, the underlying growth quarter over quarter came in at 5%, which is very much within where we wanted to see. Despite this shift in sales, we saw very impressive operating leverage in the company, resulting in the best EBIT result in the history of the company. During the quarter, We also saw the very fi...