Sinch AB (publ) (SINCH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone and very welcome to Sinch Q2 2026 earnings presentation. My name is Mia Nordander and I'm Senior Vice President Investor Relations and Sustainability and with me here in the studio today I have our Acting CEO and CFO Jonas Dahlberg and our Senior Vice President Corporate Control Sofia Olander. You will hear Jonas and Sofia present the quarter, and thereafter, we will have time for questions. If you have questions, you can either dial in, but if you have questions through telephone, remember to dial star 11. You can also send questions to me here in the chat. So once again, very welcome, and I hand over to you, Jonas. Thank you, Mia. So let's look at the first quarter highlights. So, on the highest level, I would characterize the quarter as stable, largely in line with expectations we had when we exited the first quarter, and most importantly, with strengths where it matters the most. We accelerated organic revenue growth to 6%, driven by Americas and the API product category, and we experienced stable organic revenue development in APAC and EMEA. We delivered solid profitability and strong cash flow. Organic gross profit was a little bit on the soft side due to unexpected developments primarily in APAC. Nevertheless, adjusted EBITDA margin is within our target range and cash conversion is significantly ahead of guidance. We continue to experience strong commercial momentum led by Americas with an increased share of cross-sales proving the value of our joint go-to-market model. And our market leadership is reaffirmed by industry analysts and key customers such as Gartner, IDC and Adobe. And with those highlights, let us look at performance by Radeon. So, what developed as expected, and if anything, actually better than expected, is our largest region, t...