Spie Sa Ord (SPIWF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Thank you for joining us today for H1 Results Conference Call. I'm joined by Jérôme Vanhoef, our Group CFO, and I'm also very pleased to welcome Alexandra Bonazel, our new Head of Investor Relations. Our first half results confirm the strength of our model, the relevance of our strategy, and the quality of our execution. Energy transition and digital transformation are firmly anchored as lasting growth drivers across our markets, and it does allow us to confidently navigate the current geopolitical and macroeconomic uncertainties. To begin, I would like to share a few recent contract examples that reflect this positive momentum. In Germany, SPIE is delivering the full technical installation for a new 16 MW data center in Schwalbach, near Frankfurt. Some of the waste heat generated during operation will be recovered and fed directly into the municipal heating network, creating a highly efficient and sustainable energy cycle. This project also integrates a number of eco-friendly features, such as rainwater collection for outdoor irrigation, a vegetalized facade, and an on-site photovoltaic system. The project is designed to achieve a power usage effectiveness below 1.2 with 100% system availability. In the Netherlands, we installed a 500 kWh modular battery system to support EV charging at Volvo's headquarters. This solution allows Volvo to store electricity from both solar panels and the grid during off-peak hours and release it when demand is high, effectively addressing grid congestion and ensuring a more reliable charging process. The project includes data collection and smart energy management to support the shift towards a fully gas-free and sustainable energy system. It is a step forward in Volvo's global ambition to reach net...