Ratos AB (publ) (RATO_A) Q2 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Ratos Ab Class A.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.051 -- 00:00:03.034 Good morning and thank you for joining us today. 00:00:03.034 -- 00:00:08.198 I will start by taking you through the main events in the quarter before Anna 00:00:08.198 -- 00:00:12.342 walks through the financials in more detail. 00:00:12.342 -- 00:00:18.192 I would say that overall Q2 was a strong quarter for Ratos. 00:00:18.192 -- 00:00:23.618 We deliver profitable growth in what is typically the largest and most important 00:00:23.618 -- 00:00:28.663 quarter of the year, supported by solid development in our industrial products 00:00:28.663 -- 00:00:35.107 companies and signs of stabilization in our industrial services companies. 00:00:35.107 -- 00:00:38.309 Net sales increased by 3.4%. 00:00:38.309 -- 00:00:43.613 Adjusted EBITDA came in at 988 ms, corresponding to a margin 00:00:43.613 -- 00:00:47.715 of 17.3% and an EBITDA growth of 14%. Adjusted earnings per share was 1 krona and 97 00:00:47.715 -- 00:00:50.477 öre, an increase of 20% 00:00:50.477 -- 00:00:53.278 compared to last year. 00:00:58.540 -- 00:01:03.744 We had a strong cash flow and cash conversion in the quarter with underlying cash flow 00:01:03.744 -- 00:01:08.807 growing by 20% and a cash conversion reaching more than 00:01:08.807 -- 00:01:10.807 100%. 00:01:11.909 -- 00:01:15.852 During the quarter, we continued to execute on Ratos 2030. 00:01:15.852 -- 00:01:20.915 The strategy we launched at our capital markets day in March, and 00:01:20.915 -- 00:01:25.939 I will now highlight the key actions we took in Q2 and how they linked to 00:01:25.939 -- 00:01:28.421 our strategic objectives. 00:01:28.421 -- 00:01:33.584 Under a strategic objective of building a more focused Ratos, we took several 00:01:33.584 -- 00:01:39.468 important steps during the quarter. We r...