Rugvista Group AB (publ) (RUG) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the RugVista Q2 2025 conference call. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to the speakers. CEO Ebba Langerid and CFO Joachim Tuvner, please go ahead. Hi everyone and good morning. Welcome to this second quarter earnings call. My name is Ebba Ljungrud and I am CEO and I have Joakim Tuvner who is our CFO with us. Good morning. The structure will be as we normally do it. So I will start with the business update a bit more high level and then Joakim will dive into the numbers. And last, of course, we will have a Q&A for any questions. I would also like to point out that the images you'll see in this presentation comes from a campaign that we just kicked off in our Rustic collection. It's a bit more autumny in the look and feel, a lot of cosiness and lit candles, even though this is probably the warmest day we've had in Stockholm for a long time. But we are slowly moving into the fall, so we have already kicked off the fall campaigns. And this campaign actually has a lot of a mix of designs, both new designs for the season, including this rug you see here, and also some of our previous top sellers that we have made new versions of for this season. Anyway, so start with the business update. We had a very Good quarter, we think, and we're very proud of that. Our net revenue landed on 150.5 million, which is a growth of 17.2%. And organically, if we take in exchange rates, it's actually 22.3%. And by some margin, this is for a long time our best Q2, actually, in almost all of the KPIs. It was a pretty even quarter when it comes to top line. It star...