Jul 17, 2025 / 08:00AM GMT
Operator
Welcome to the VBG Group Q2 report 2025 presentation. (Operator Instructions) Now I will hand the conference over to the speakers, CEO Anders Erken; and CFO, Frederick Jigneus. Please go ahead.
Anders Erken - VBG Group AB(publ)-President - Chief Executive Officer, Director
Good morning, everyone. Welcome to the quarter 2 presentation of the VBG Group. Let me briefly. Summarize quarter 2 and Frederick will give you all the details necessary in the next coming slide. First of all, we have a revenue decline of 9% versus Q2 2024. We can say that a lot of this is related to the currency fluctuations.
Almost seven, yes, a little bit more than 7% of the decline or 83% of the decline was related to the strengthening of the Swedish crown. But the important thing if we look at the quarter, that is, -- that the sales improved gradually as the quarter progressed and we could see a good trend in the month. And the main drivers for this, that is, -- that destocking is completed on the off-road side in North America as well
Q2 2025 VBG Group AB (publ) Earnings Call Transcript
3 days ago
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