engcon AB (publ) (ENGCF) Q2 2026 Earnings Call Transcript

engcon AB (publ) ( ENGCF ) Q2 2026 Earnings Call July 17, 2026 4:00 AM EDT Company Participants Stig Engström - Founder, CEO & Director Marcus Asplund - Chief Financial Officer Conference Call Participants Agnieszka Vilela - Nordea Markets, Research Division Marcus Develius - DNB Carnegie, Research Division Presentation Stig Engström Founder, CEO & Director Good morning, and welcome to engcon's Q2 Report Presentation. My name is Stig Engström, CEO. And with me today, I have our CFO, Marcus Asplund. Let's take a look at what's happening during the quarter. One thing has probably not missed anyone's attention, the CEO change that took place on May 1. My main task is to bring engcon back to the financial targets adopted by the Board, 20% annual growth and 20% EBIT margin. I have begun the journey towards those targets and identified some focus areas. I will go into them later, but it's about optimizing the product around customer needs, focusing on efforts on the right markets and creating the right conditions for the company's core functions and of course, ensuring strong cost discipline throughout the company, including decrease of stock levels. We can conclude that it was a good quarter. Revenue was strong and the margin shows a recovery, also including a SEK 13 million restructuring cost. It's a good result, which shows the strength of our business model. At the same time, I know we have more to give. Now begins a new chapter in an old story with focus on the core areas that built the company quickly, strongly and profitably back to basic. Let me explain this a little bit more in detail on the next slide. So how will we reach the 20/20 targets? It's never a good idea to do everything at once. It's about doing the right things in the right order. On the journey, I see