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

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Railcare Group Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.897 Hi! This morning we released our report for the fourth quarter. 00:00:04.897 -- 00:00:09.844 We are delivering a stable report with continued 00:00:09.844 -- 00:00:13.549 growth. Before I go into the business itself, I would like to start by telling you that 00:00:13.549 -- 00:00:18.575 we have changed and adapted our training. This applies to our 00:00:18.575 -- 00:00:24.022 contracts on some of our rents at Lok, where we have adapted training from 00:00:24.022 -- 00:00:27.487 hiring capacity to training it as leasing. 00:00:27.487 -- 00:00:32.493 This means that the movement result is affected positively at the same time 00:00:32.493 -- 00:00:35.616 as the finance net has been negatively affected. 00:00:35.616 -- 00:00:42.441 In the balance sheet, we have booked both the access and the debt based on this leasing. 00:00:42.644 -- 00:00:46.588 We will now present this from the entry of these contracts. 00:00:46.588 -- 00:00:51.714 This means that we make this change retroactive so that the comparison periods 00:00:51.714 -- 00:00:56.117 that we report in the report are now calculated. 00:00:56.377 -- 00:01:00.785 I'm going to start by giving you a short overview of our business. 00:01:00.785 -- 00:01:05.152 Railcare is mainly operated in three different business areas. 00:01:05.152 -- 00:01:10.020 We do entrepreneurship, transport, as well as machinery 00:01:10.020 -- 00:01:15.069 and technology. Through entrepreneurship, we use our self-developed vacuum machines, 00:01:15.069 -- 00:01:20.198 where we effectively perform, for example, ballast change, cable reduction and snow 00:01:20.198 -- 00:01:22.853 removal along the railway. 00:01:22.853 -- 00:01:27.099 In addition to this, we also carry out the renovation of concrete and ston...