Storskogen Group AB (publ) (STOR_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Storskogen Q2 presentation for 2025. 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 CEO Krister Hansen and CFO Lena Glatter. Please go ahead. Good morning and welcome to the presentation of Storskogen's report for the second quarter of 2025. I'm Christer Ahnsson CEO of Storskogen and with me today is Lena Glader our CFO. Keeping a strong operational focus has continued to be key in the quarter, especially given the global uncertainty. Along with measures to reduce our debt and improve our finance, we are now at the point where we are beginning to carefully add acquisitions to our growth. More on this shortly, but before we get into the details, let's begin with an overview of Storskogen. Storskogen is a diversified international business group with sales of about 33 billion SEK over the last 12 months and adjusted EBITDA of 3.2 billion SEK spread across our three business areas. Service and industry are tracking above our 10% margin goal on an annual basis. We trade currently at 8.3% up from 7.8% a year ago. Following a merger of business units in industry in the quarter, at the end of the second quarter, we consisted of 112 business units with an average annual sales of about 300 million SEK. Next, let's take a look at the highlights for the quarter. We reported sales of about 8.5 billion SEK and adjusted EBITDA of 843 million SEK and adjusted the EBITDA margin of 10% for the quarter. Over the past quarter, trade conflicts and geopolitical unrest have continued to slow the pace of recovery. Our organic sales growth for the quarter was slightly negative and flat for the first half year of 2025. The second quarter's results of 8...