GARO AB (FRA:46GA)
€ 0.98 -0.0070 (-0.71%) Market Cap: 50.52 Mil Enterprise Value: 73.58 Mil PE Ratio: 0 PB Ratio: 1.08 GF Score: 62/100

Q2 2025 Garo AB Earnings Call Transcript

Aug 22, 2025 / 07:30AM GMT
Release Date Price: €1.65 (-0.96%)
Jonas Klaren
Garo AB - President, Chief Executive Officer

Welcome, everyone, to GARO's Q2 presentation. I am Jonas Klaren, CEO, and it's great to be here today. With me is Helena Claesson, CFO, who will walk you through the financials later. But let's start with the key highlights for the quarter. Next slide, please.

Operational highlights. I want to start by emphasizing that team GARO continues to move from structured execution. We have a clear direction and an increased operational pace. GARO Electrification growth areas. We see continued volume growth and the strong performance in Ireland and the UK, alongside early signs of stabilization in Norway.

Stable demand. Demand in commercial, public and renovation projects remained stable. Challenges. However, the Swedish residential construction market remains weak, and the segment continues to face pressure.

Improvements. Outside Sweden, margins are improving in several markets, and we are focusing on expanding our product portfolio to reach new market segments. Outlook. The outlook remains stable with continued discipline on

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