Teqnion AB (publ) (TEQ) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone. Welcome to Technion 2025 Q2 Q&A, the start of our large montada. Thank you, everyone, for taking your time from your busy schedules and vacation to read our quarterly report that was released this Saturday and for joining us in this call today. We will, as always, alternate between the questions that were sent in to qa.technion.se and the ones that we get live here in the Q&A function. Before we start the actual Q&A session, I would like to hand it over to you, Johan, for a quick overview of the quarter. Yes, thank you. Hello, everyone, and welcome to our office here in Solna, out of Stockholm. And Q2 Q&A for 2025. This is my friend Daniel, who works with acquisitions and is the deputy CEO of Technion. My name is Johan Stianne. I'm the CEO of the company group. since 2009. Talking a little bit about the first half of the year, we see that the market is rather slow. It's been difficult to generate orders and we need to work harder to get sales. This is in the process of doing a lot of changes on the organization level and how we measure ourselves within the group. We are on on the road to doing something that will be the new technion we have the uh the group has grown quite a bit we have uh as we talked to you about in going out to 2024 we had a lot of acquisitions on the way in we have finalized those we have seven new companies in the group now which is fantastic we're strengthening our uh our position in the UK with five new acquisitions there, and we have two more in Sweden, which is really fun. It was several years since we acquired something in Sweden when we have two great companies here. The operational earnings as presented in the quarterly report is weak. We are very dissatisfied with that. Compared to 2024, we see that it's more or less fla...