Q2 2025 Mips AB Earnings Call Transcript

Jul 16, 2025 / 08:00AM GMT
Operator

Good day, and thank you for standing by. Welcome to the Mips interim report second-quarter 2025 webcast and conference call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Max Strandwitz, CEO. Please go ahead.

Max Strandwitz - Mips AB - Chief Executive Officer

Thank you, operator. Good morning, everyone. My name is Max Strandwitz. I am the CEO of Mips. And with me today also presenting, I have our CFO, Karin Rosenthal. We will take you through the Mips Q2 2025 results presentation.

And if we start with the key highlights of the quarter, we saw good development in the quarter with 12% organic growth in the second quarter despite very challenging conditions. Year-to-date organic growth is now at 23%-plus. The rapid implementation of tariffs did have a significant impact on sales across all the three categories. However, we did see that the sales improved over the course of the quarter, as the effects of the tariffs became a bit more

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