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Welcome to CTEC Q3 Report 2026. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to the speakers, CEO Henrik Fagrenius and CFO Thom Mathisen. Please go ahead.

Thank you very much, operator, and good morning to all of you, and welcome to the revenue call for quarter three for CTEK. Today's presenter is myself, Henrik Fagrenius, and I also have our CFO, Thom Mathisen, here together with me. As usually, we start with a brief recap of CTEK before we dig into the numbers. CTEK was founded 30 years ago by Bengt Wahlquist, who invented the first smart charger. That's the invention that has founded our company. We have two technologies, one with low voltage where we have chargers for consumer, client brand and professional and also power solution. And the other technology is EVSE as chargers for electric driven cars. We have a global reach with our products and we are divided into two divisions. Consumer divisions are focused to retail chains and retail chains and have, as I mentioned, a global reach. Our professional divisions are selling our products. Client Brand and our chargers for electric driven cars to B2B. So the customers there are OEMs and parking operators and others. We are proud suppliers to the very best of car manufacturers. We have more than 50 of the world's biggest and most prestigious vehicle manufacturers, among them Ferrari, Lamborghini, Porsche, BMW, etc. I think that speaks a lot of the quality and innovation that we represent and the trust that these prominent customers are giving us year after year. We are in the premium segments. We have products for many different applications. We have during the last half year introduced many new products in the booster segment and we are on our way also in the power solution segments. And we have accelerated our efforts in the development to renew our product portfolio and also go into adjacent segments. So with that, we move over to Q3. Quarter 3 was a very solid quarter with profitable growth for us. The revenues were coming into 217 million, an organic growth of 2%. The gross margin was very strong, an improvement with 5.4%. Thank you very much. The cash flow was slightly negative, but compared an improvement compared to the comparison quarter. And it's also seasonally quarter three is seasonally where we build up some some stock for our high season. We have a very solid and strong financial position. Our leverage is 0.8 and we have a solid position and the freedom to act and look for M&A's going forward. Let's look a little bit deeper into the numbers. We have, as I mentioned, an organic growth of 2% with increased profitability. If we look into the two different divisions and start with the consumer divisions, our new products was, of course, helping the gross margin and also the growth. The underlying growth in the consumer segment was more than we can see here. It was a very strong development in many of the regions, particularly Scandinavia, North America, UK and Dash. We had a lower sell-in to Amazon of almost 15 million SEK, but the sell-out from Amazon was significant. Thank you. Thank you. Professional, we recovered a bit from the partly low first quarter. So we were increasing good in the professional low voltage segment. The EVSE is still a bit challenging marketing conditions, but a positive trend in the quarter and also improving margins with our new CC-free charger. Cash flow, I mentioned earlier. Seasonal but better than comparable quarter and a very strong financial position. We announced earlier this year that we are doing a strategic overview of or review of our EVSC operation and we are aiming to have that concluded within this financial year. So with that, I hand over to Thom for some more details.

Yes, thanks Henrik. So I continue with primarily some more information from the divisions and also on capex and cash flow position. So starting with the consumer division, as Henrik mentioned, it looks like flat, but in reality, an underlying growth. So the change buying pattern from Amazon from quarter three last year meant that we had very high revenues quarter three last year. And if we put 50 million above that, To this year, you should see a growth, to put it like that. Strong profitability as always, and it's helped by the new product launches and still continued good cost control. Coming over to the professional division, here we had an organic, strong increase of organic growth, about 11%, driven by the low voltage that has coming back now after the first two quarters, with a little bit lower volumes than normal. And as Henrik also mentioned, the EVSE market is still a bit challenging, but we have had a very good trend upward during the quarter. I'm happy to say that we have had a good development on the profitability in the division, driven both by volumes, but also supported by improved margins in the EVSE business. So now we are on 6 million SEC positive, corresponding to 10% EBITDA margin in the professional division. Coming over to some words around cash flow and capex. As mentioned, we are building up some networking capital during quarter three. It's our high season end of quarter three and quarter four. So just the normal seasonality. We have done investments, and that investment for us is primarily in product development. A little bit lower than last year number-wise, but that doesn't mean that we don't invest in development. It's in the same... remain in the same line as last year, but we have had a bigger share of early stage research that we don't put on the balance sheet, but we expand it directly into OPEX. So still very important for us to keep our focus on product development, and we are still doing that. Cash flow after investing activities, around 14 million negative, far better than last year. And we have continued to strengthen our net cash position. So we now have cash on hand on 170 billion, almost. It's around 90 million better than last year. And our net debt is now below 130 million. And with the EBITDA ratio, we are now at 0.8. That is significantly better than last quarter three. We have also prolonged our financing credit facility. So we now have it valid until end of September 2029. So again, strong position for doing M&A investments going forward if we find the right things. So with that, I hand it back to you, Henrik.