Skanska AB (publ) (SKA_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and a warm welcome to the presentation of Skanska's second quarter report. My name is Antonia Dunelin. I'm the Senior Vice President for Investor Relations here at Skanska. And with me here today to take you through an update based on our second quarter is our President and CEO Anders Danielsson and our CFO Jonas Rickberg. In a minute, they will cover an update on our business performance, financials, and also a market outlook for the coming 12 months. And after that initial presentation, we will open up for questions. So if you want to ask us anything here today, then just please join us by using the HD audio link provided in the press release for this press conference or the telephone conference number that has also been provided. And then just follow the instructions by the operator. So with that brief introduction, I will now hand over to you Anders to kick off the presentation. First, I would like to take a look at this picture, a classic view for those of you who have been in New York and especially Times Square. In June, we celebrated that we had been a listed company for 60 years together with Nasdaq Stockholm. And for those of you that might remember, we actually constructed the building that you see here for Nasdaq as a part of a larger renovation of Times Square back in 1999. We have been working in New York and U.S. for decades now. We started in the early 70s. Long history. Now let's go into the second quarter. It's a robust second quarter. Construction is in good shape. We deliver strong margin and we have a good order intake and a solid project portfolio. Residential development, we have strong sales and margin in Central Europe. The Nordic market is, however, weak, continues to be weak. And commercial property development, we have made on...