Lifco AB (publ) (LFABF) Q2 2025 Earnings Call Transcript


Lifco AB (publ) (OTCPK:LFABF) Q2 2025 Earnings Conference Call July 14, 2025 3:00 AM ET

Company Participants

Per Waldemarson – CEO, President & Director

Conference Call Participants

Carl Ragnerstam – Nordea Markets, Research Division
Karl Bokvist – ABG Sundal Collier Holding ASA, Research Division
Mats Liss – Kepler Cheuvreux, Research Division
Zino Engdalen Ricciuti – Handelsbanken Capital Markets AB, Research Division

Operator

Welcome to Lifco Q2 Report for 2025. [Operator Instructions] Now I will hand the conference over to CEO, Per Waldemarson; and CFO, Thérese Hoffman. Please go ahead.

Per Waldemarson

Thank you, and good morning, and welcome to everyone. We can start with Page #2 in our investor presentation and take a look at the overall numbers for the Lifco Group. And if we start with the second quarter on the sales line, it was a softer quarter where some segments faced more difficult market conditions. We will come back to that shortly.

Overall, the sales grow with roughly 3% with a slight positive organic growth, around 0.5%. We had negative effect from foreign exchange rates of 4.4% and around 7% growth from acquisition in the quarter. In the quarter, Dental had somewhat negative effect in the second quarter from a later Easter this year compared to previous year. Overall, if we go further down and look at profit and margins, we can mention already here that in general, the areas with slightly higher margins had weaker development than the areas with slightly lower margins in Lifco. We will come back to that in different areas later on.

And this led to a negative product mix effect in the quarter, both in System Solutions and also in Demolition & Tools had similar effects. So the EBITA declined by 2.8% because of that. And also this product mix effect had a negative impact on the EBITA



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