Q2 2025 Sinch AB (publ) Earnings Call Transcript

Jul 22, 2025 / 12:00PM GMT
Operator

(audio in progress) ahead.

Laurinda Pang - Sinch AB(publ)-Chief Executive Officer

Thank you very much, operator, and a warm welcome to everyone for this Q2 earnings call. My name is Laurinda Pang, CEO of Sinch. And I'm calling in today from the US, while our CFO, Jonas Dahlberg, is calling in from Stockholm today. Let's turn to slide 2 to look at the highlights from the quarter.

I'm pleased to share that our second-quarter results for 2025 demonstrate our continued resilience and steady progress, even as we continue to navigate an uncertain macroeconomic environment. As we begin, I would call out the large FX swings we experienced in the quarter for net sales, gross profit, and costs due mainly to the weakened US dollar.

As we always do, we will point you to organic changes, which normalize these FX swings and is a consistent representation of the underlying business. Reported net sales was SEK6.6 billion, corresponding to a 2% organic growth rate when adjusting for the effect of foreign exchange movements,

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