QleanAir AB (OSTO:QAIR)
kr 20.2 +0.55 (+2.8%) Market Cap: 300.16 Mil Enterprise Value: 432.10 Mil PE Ratio: 10.36 PB Ratio: 1.38 GF Score: 81/100

Q2 2025 Qleanair AB Earnings Call Transcript

Aug 26, 2025 / 08:00 AM GMT
Release Date Price: kr23.3 (+14.78%)

Key Points

Positve
  • QleanAir AB (OSTO:QAIR) achieved a 2.8% sales growth in Q2 2025 compared to the previous year, with a currency-adjusted growth of 6.2%.
  • The company's EBIT margin improved significantly to 9.2% from 1.4% last year, with EBIT increasing to 10.8 million from 1.6 million.
  • Recurring revenues remained stable at 68 million, contributing to a rolling 12-month basis of 278 million.
  • The company successfully launched new products, with over 30% of unit sales in air cleaners coming from products introduced in the last 18 months.
  • QleanAir AB (OSTO:QAIR) has improved cash flow by reducing inventory levels and outstanding accounts receivables.
Negative
  • The economic environment in Europe, particularly in Germany, remains weak, leading to longer sales cycles and challenges in renewing contracts.
  • Recurring revenues have declined due to the cancellation of school orders from the previous year.
  • The US sales were negatively impacted by a weaker US dollar, despite an improved gross margin and order backlog.
  • Legal costs related to recovering losses from a canceled CEA project continue to affect financials.
  • Gross margins fell slightly in Q2 compared to Q1, despite a favorable product mix with more cabin solutions and fewer clean rooms.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

QAIR.ST - Qleanair AB
Q2 2025 Qleanair AB Earnings Call
Aug 26, 2025 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Thank you. So, welcome to the Clean Air In investor presentation for Q2 2025.

I'm Sebastian Lindstrom. I'm the CEO of Clean Air, and joining me in today's call is Friedrichanelin, CFO at Clean Air since the 1st of April this year.

Friedrich and I will go through the presentation and then open up for Q&A's towards the end.

Let's dive straight into the numbers for Q2. The newly launched products are a success, and it's clear that our focus on critical application areas for our customers is giving a mitigation in the overall tougher market conditions. We also see the result of our systematic approach to sales sufficiency and cost control through increased margins in the quarter.

We deliver 117.9 million in sales
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