Niklas Elmhammer
Analyst, Karlsruhe Equity Research
Replay available
Zinzino AB (publ) (STO: ZZ_B) Q2 2026 earnings conference call, held 2026-08-25. Replay captured from the company's public earnings webcast.

Analyst, Karlsruhe Equity Research
CEO, Zinzino
Good afternoon and welcome to this live video interview with Zinzino following the Q2 2026 report. My name is Niklas Elmhammer from Karlsruhe Equity Research and we're very pleased to be joined today by the CEO of Zinzino, Dag Bergen Pettersen. And as usual, we welcome questions from the audience. So please use the chat function and submit as many questions as you like, and we'll try to address them as many of them as possible. But now, without further ado, welcome Dag. It's great to have you with us here again. Thank you for having me and thank you for being here. You released the Q2 2026 report today. Why don't we just dive into that? You showed 18% sales growth, 23% in local currencies. Despite somewhat slower growth compared to previous periods, the operating leverage seems to improve with reaching almost record margins of 16% and the EBITDA itself doubled almost. So what are your general remarks about this quarter? It's kind of the numbers talking a little bit for themselves. So you sum it up pretty well. What last year when we were having like I call it a hyper growth of Approximately 50 percentage. It's hard to sustain that kind of growth We've slowed down this year a little bit on Acquiring companies. So we did I've done one real acquisition this year and then I Another one came in late last year and the last six months we have consolidated and put a lot of effort into to make sure that most of the functions internally and at the Zenzino is working. So I'm quite pleased with the growth in itself. If you say 23% in local currencies, it's still kind of a high growth and also remembering that we are coming from higher kind of targets to hit on. So in itself, the growth, it's good. It's gonna be tougher and tougher to reach those kind of growth. All that said, we...