Railcare Group AB (publ) (RAIL) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi! This morning we released our report for the third quarter. This is a report that we are very pleased with. We make our best quarter ever, both in terms of turnover and results. Before we get into the report, I thought I'd start by telling you a little bit about our business. We operate Velka-koncernen in three different business areas. We do entrepreneurship, where we carry out track maintenance with self-developed machines and dewatering measures. The transport business carries out goods, entrepreneurship and special transport with our own locomotives and drivers. Through technology, development and transformation of both locomotives and machines occurs, as well as that we carry out service and maintenance. If we look at our market on the railways, it looks very interesting. The debt on Swedish railways is very large, and the need for a well-functioning and sustainable railway infrastructure is crucial for Swedish industry competitiveness. Transport on the railways is expected to increase at the same time by 50% until 2040. This means that maintenance needs to be more efficient in order to minimize the impact on the railways' traffic. The membership in NATO also increased the requirements for the railway's robustness and reliability. The railway is in focus and therefore has simple and natural explanations. Looking at our highlights for the third quarter, Trafikverket has released a proposal for a new national plan. The main focus of the plan is employment, competitive industry and strong total defense. The railway is prioritized in the plan and about 80% of the plan's listed investments are to develop mainly existing railways. Social economic benefit has been a guiding principle for the plans. In practice, it means that the methods used for the various maintena...