Jul 14, 2025 / 08:00AM GMT
Johannes Lind-Widestam - Note AB(publ)-President - Chief Executive Officer
Good morning and very welcome to Note second quarter presentation. It's as always, when we have the current President in the US, we see some disturbances during the weekend. So how do we cope with those changes and so on, but we will only touch upon that topic and focus more on notes performance, so.
Let's start with this. When we presented Q1, we were quite, how should I say, nervous about how the global factors would affect us. We were cautious in our guidance. We saw some slowdowns. We were We were seeing and expecting that the turbulence on the financial market would be bigger than it actually became, so we were quite pessimistic. We were expecting customers to move out of their orders more in time than we have seen. So if I look at this quarter, it came in as we see it fairly much in line with what we said, SEK980 million in sales with roughly SEK35 million in negative effect coming from currency, so sales were as we were expected.
Our profitability
Q2 2025 Note AB (publ) Earnings Call Transcript
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