Sdiptech AB (publ) (SDIP_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to SDIP Tech Q3 2025 report presentation. For the first part of the presentation, 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 CEO Anders Mattsson and CFO Bengt Legstrom. Please go ahead. Hi, everybody, and welcome to our... Q3 presentation and Q&A. I am Anders Mattsson, CEO of StipTech, and I will be presenting the result together with CFO Bengt Leistrom here today. I will start with the highlight of the quarter before we go into the more general content with the financial result. So in the quarter, we have implemented Dreamline, our portfolio, and StipTech will become a more coherent and better aligned group going forward. Until today, we have consisted of 41 companies in our four business areas. We have historically been growing our adjusted EBITDA at a good level, but we have at the same time been quite volatile. Our portfolio has partially been based on installation companies, companies with exposure to cyclical end markets like construction, and quite a few companies with a margin around 10% in the group. And these companies were usually or mostly acquired before our strategic shift in 2020. So if we look at the financials here for this total portfolio in Q3, we had approximately 19% in adjusted EBITDA margin and 12% return on capital employed. If you look in the middle, so what have we done? We have a set based on our key strategic priorities. We prefer product-based companies. We like markets with strong underlying growth drivers. And we would like to see a clear niche, which is usually protected a good way. And that's also a real reason why we in many of our business units. So based on ...