Veidekke Asa (VDEKF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the presentation of Veidekke's results for the second quarter of 2025. Both to all of you who are with us here in the room, but of course also to those of you who follow us on the broadcast. As usual, I will make a few comments on the results before I hand over the floor to our financial director, Jörgen Wiese-Porsmyr, who usually takes us through the details of our business area and financial matters. Finally, I will give some short comments on how we see the situation around the world and the market in the future. And finally, we open up for questions that will be able to be asked here in the room or on the web under vejs on ir at vejdecke.no. But first, a few words about HMS in Vejdecke. HMS is important to us because our industry and the business we run is at risk in relation to events that can cause serious consequences. Weidecke handles more than 600 projects and facilities around Scandinavia at all times. There are large machines, heavy air, explosives, electricity, and sometimes in vulnerable areas under demanding circumstances. That is why we are very interested in identifying and handling the risks in the working moments that are to be carried out, so that everyone who works for Veidekke will be able to return home from work. This is culture in Veidekke. We target this especially in relation to serious events that lead to or could have caused serious injuries. And we are happy that the number of serious injuries has low numbers, as you can see, but we are still not satisfied with having four serious injuries in the last 12 months, where three of them are cuts and cuts in the fingers and one a fall from a height. And we know that it is possible to achieve the zero vision that we did for the whole year 2021 and that the method to g...