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ABAS Protect (ABAS) investor relations material
ABAS Protect Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 was marked by a major business system transition, impacting both revenue and profit due to resource allocation and implementation costs.
Net sales for Q2 2025 were SEK 22,909k, down from SEK 26,145k year-over-year; operating profit was SEK 250k, with a margin of 1.10%.
Larger order backlog at quarter-end compared to last year, with expectations for improved invoicing in H2 2025.
Key deliveries included a high-security gate to a customer in Northern Norway and the go-live of the new Business Central ERP system.
Financial highlights
Q2 2025 net sales: SEK 22,909k (Q2 2024: SEK 26,145k); H1 2025: SEK 43,300k (H1 2024: SEK 45,839k).
Q2 2025 operating profit: SEK 250k (Q2 2024: SEK 1,106k); H1 2025: SEK 1,349k (H1 2024: SEK 2,045k).
Q2 2025 net result after tax: SEK -204k (Q2 2024: SEK 629k); H1 2025: SEK 114k (H1 2024: SEK 928k).
Bruttomarginal Q2 2025: 48.6% (Q2 2024: 48.3%); H1 2025: 51.5% (H1 2024: 50.1%).
Cash and cash equivalents at period end: SEK 443k (Q2 2024: SEK 418k).
Outlook and guidance
Larger order backlog at Q2 end is expected to drive higher invoicing in Q3 and Q4 2025.
Market recovery signs in critical infrastructure, construction, and industrial segments; increased production capacity and hiring in response.
Project sales in critical infrastructure may cause more volatile quarterly invoicing going forward.
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