Jul 11, 2025 / 07:00AM GMT
Operator
Welcome to Netel Q2 report for 2025. (Operator Instructions)
Now I will hand the conference over to CEO and President - Jeanette Reuterskiold and CFO, Fredrik Helenius. Please go ahead.
Jeanette Reuterskiold - Netel Holding AB(publ)-President - Chief Executive Officer, Director
Good morning and welcome to our presentation of our second quarter. My name is Jeanette Reuterskiold. I'm CEO and President of Netel. With me today I have Fredrik Helenius, our CFO.
In the second quarter, we continue to have a large proportion of projects in the startup phase across all divisions. However, telecom has increased its volumes, primarily due to a positive trend in Sweden and Germany.
The high proportion of product start has also negatively impacted profitability since initial activities need to be performed in our products before we can start deliveries and invoicing. The major contracts that we are now commencing include, for example, Elvis power stations in Norway, a new framework agreement with Glitre
Q2 2025 Netel Holding AB (publ) Earnings Call Transcript
2 days ago
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