Railcare Group AB (publ) (RAIL) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi! This morning we released our report for the fourth quarter. We are delivering a stable report with continued growth. Before I go into the business itself, I would like to start by telling you that we have changed and adapted our training. This applies to our contracts on some of our rents at Lok, where we have adapted training from hiring capacity to training it as leasing. This means that the movement result is affected positively at the same time as the finance net has been negatively affected. In the balance sheet, we have booked both the access and the debt based on this leasing. We will now present this from the entry of these contracts. This means that we make this change retroactive so that the comparison periods that we report in the report are now calculated. I'm going to start by giving you a short overview of our business. Railcare is mainly operated in three different business areas. We do entrepreneurship, transport, as well as machinery and technology. Through entrepreneurship, we use our self-developed vacuum machines, where we effectively perform, for example, ballast change, cable reduction and snow removal along the railway. In addition to this, we also carry out the renovation of concrete and stone trusses on both roads and railways. In the transport business, we carry out, among other things, transport of iron ore and iron ore concentrate for LKAB's and County Cyanon's calculation. We also carry out what we call entrepreneurial transports, which is an assignment where we transport materials in connection with the track section, for example pallets, slabs and rails. Vi har även ett beredskapsdrag för Trafikverket där vi tillhandahåller lok och lokförare för öjning av fordon på spåret i händelser av olyckor eller där av annan anledning blivit st...