PowerCell Sweden AB (publ) (PCELL) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the PowerCell Group Q2 2025 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now, I will hand the conference over to the CEO, Richard Berkling, and CFO, Anders Doering. Please go ahead. A warm welcome to this summer presentation of the Q2 report. As presented, it's myself, Richard Berkling, and our CFO, Anders Dering, making the presentation. So let's dig into this Q2 result. The headline is that we We say that we're going from milestone to momentum. And we see that the numbers are confirming this. We have a stable growth and a rather strong order intake. Record result in quarter two with 130 million SEC. And for the first time in Parasol history, above 400 million SEC roll in 12 months, which is quite encouraging. We see that the order intake remain high, that we are averaging 150 million SEC per quarter for the first half of the year. For the first time, we can also present a positive EBITDA for rolling 12 months. This is an important milestone. There's a confirmation of the momentum. We can also now conclude that the sustainable break-even level for Powercell is around 400 to 450 million SEC, depending on the product mix. This is no confirmation that we will continue to report positive EBITDA quarter by quarter yet because this is still a difficult market out there. We are pioneering in a technology shift but it's very encouraging to see that we can reach this milestone as a company in 2025. Highlights in quarter two when it comes to orders is that we received the first OEM order in power generation from the long-lasting partnership with Hitachi, where they are now sold h...