Vitec Software Group AB (publ) (VITBF) Q2 2026 Earnings Call Transcript

Vitec Software Group AB (publ) ( VITBF ) Q2 2026 Earnings Call July 14, 2026 4:00 AM EDT Company Participants Patrik Fransson - Head of Investor Relations Olle Backman - CEO, President & Director Conference Call Participants Predrag Savinovic - DNB Carnegie, Research Division Thomas Nilsson - Nordea Markets, Research Division Daniel Thorsson - ABG Sundal Collier Holding ASA, Research Division Fredrik Nilsson - Redeye AB, Research Division Presentation Operator Welcome to Vitec Software Group Q2 2026 report presentation. [Operator Instructions] Now I will hand the conference over to CEO, Olle Backman and IR, Patrik Fransson. Please go ahead. Patrik Fransson Head of Investor Relations Thank you, and a warm welcome to everyone attending this conference call today. I'm Patrik Fransson, Head of Investor Relations at Vitec Software Group, and with me is our CEO, Olle Backman. First, we will give a short overview of Vitec Group and then followed by comments on our report released earlier this morning. After the presentation, we will, as always, open up for questions. So Olle, with that? I hand over to you. Olle Backman CEO, President & Director Thank you, Patrik, and a warm welcome as well from my side. We will just jump ahead, as Patrik said, into the report. And this is us, Olle and Patrik, your hosts for the day. Just taking the Vitec in brief picture as we always do. So 27,500 business-to-business customers, we're serving that at the moment. We do that through the 49 business units or companies that we have. Feet on the ground still in 13 countries, but all in all, we have sales in over 60 countries by now. The pro forma sales, roughly SEK 3.7 billion, 85% of that is recurring revenue, which is an important part of our business model. To my aid, I have the benefit of having 1,870 colleagues by