Ovzon AB (publ) (OVZON) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome. SATCOM company OBSON have reported for the second quarter of 2026 and we will now be giving a presentation of the results and the activities in the quarter. After the presentation there will be a Q&A session with equity analysts and viewers. You can ask your questions in the live chat and I'll raise as many as I can. So, now let me introduce the executive team of OBSON, the CEO Per Norén and CFO André Löfgren. Nice to see you. Nice to see you, yes. And, Per, a very solid quarter. How do you summarize it? Well, thank you, Mattias. Maybe good morning and good afternoon, depending on which time zone you're in. And thank you for joining us today. To your question, the quarter. Well, maybe we start with the first slide then. I think the quarter is the headline that we chose for this quarter. Very strong execution in a transforming market. And we'll get much deeper into that as we as we move through the presentation here. But we had a very strong operational result and thereby a strong financial performance. Our revenue was 245 million Swedish kronor. That's a growth with 48% compared to the same quarter last year. EBITDA reached 87 million SEK. That's up 38% year over year, representing an EBITDA margin of 36%. And the order book at the end of the quarter was 688 million Swedish kronor. And since then, we have also received two more orders at a value of 76 million Swedish kronor. And then lastly, but not least, cash flow from operating activities was at 96 million kronor. And our net debt have been reduced to 116 million SEK. That's down almost half a billion SEK from a year ago. So we're running a very very healthy core business with solid margins. And I think to summarize maybe this in the beginning before we go deeper into other things is We have very solid ex...