Q2 2024 Hanza AB Earnings Call Transcript

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Jul 23, 2024

Jul 23, 2024 / 08:00AM GMT
Erik Stenfors - Hanza AB - President, Chief Executive Officer - HANZA Group

Good morning. Welcome to you all, and thank you for joining this quarterly earnings call in the middle of the summer. My name is Eric Stenfors. I'm the CEO of the company, and I will run this presentation as usual with our CFO, Lars Akerblom.

So for some time now, our industry has been navigated in a recession. And therefore, we look forward today to report to you on the many activities we have done in order to stay on course for a good development. And if we look at agenda, to give you a clear picture, we will first summarize the market trends and also Hanza's position in all this.

Next, we'll walk you through the quarter, both by words and by numbers. And then we will give you our projections for both the short and long term. And conclude the presentation, as usual, with a Q&A session.

So the market, the quarter end, the first half of '24 has been categorized by a very normal traditional recession. It means lower demands from different industries. We've seen that from the mining industries, from

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