Qt Group Oyj (0RG5) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Qt Group Plc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.000 -- 00:00:04.680 Welcome to QD Group's second quarter 2025 results presentation. 00:00:04.680 -- 00:00:09.920 My name is Helja Jämsa, IR Lead, and with me today are our CEO Juha Varelius and CFO 00:00:09.920 -- 00:00:14.920 Jooni Lintunen to present the results. After the presentations, we will have Q&A, and 00:00:14.920 -- 00:00:19.120 considering the number of analysts here with us in the studio, we might not have time 00:00:19.120 -- 00:00:24.040 for questions from the lines. Without further ado, please Juha, the floor is yours. 00:00:24.040 -- 00:00:30.440 Thank you. Good day everyone, my name is Juha Varelius, I'm the CEO of Qt Company, 00:00:30.440 -- 00:00:36.460 and let's get to the agenda, which is the pretty usual business highlights. 00:00:36.460 -- 00:00:41.500 Then Jooni will talk financials and I will finish up on the outlook and guidance for 00:00:41.500 -- 00:00:43.500 2025. 00:00:44.000 -- 00:00:46.420 If we go into 00:00:46.420 -- 00:00:51.100 our Q2, it was, well, 00:00:51.100 -- 00:00:56.140 it was not good. You may call it soft or not good, I call it not good. 00:00:56.140 -- 00:01:00.860 We were of course expecting a bit better 00:01:00.860 -- 00:01:03.760 quarterly sales, 00:01:03.960 -- 00:01:07.780 although we must say that the 00:01:08.460 -- 00:01:14.280 comparable quarter was very difficult. Last year we had a one very big one-off deal, 00:01:14.280 -- 00:01:19.280 and so the comparable revenue this year was a tough 00:01:19.280 -- 00:01:25.160 to beat, but yet we were expecting a bit better result. 00:01:27.120 -- 00:01:30.000 Our revenue decreased .9% 00:01:30.000 -- 00:01:35.160 and on comparable currencies 0.5%. Of course, that is a fairly 00:01:35.160 -- 00:01:40.940 big difference, and we all know that that comes f...