KebNi AB (publ)

Hej och varmt välkomna till den här rapportintervjun med Kevni. Vi har med oss Kevni's vd Torbjörn Saxmo som kommer att inleda med att göra en kort presentation om vilka Kevni är, hur Q2 han såg ut och sen kommer vi att avsluta med en frågestund. Så med det säger jag varmt välkommen till dig Torbjörn och så lämnar jag med varm hand över både ord och bild till dig.

Tack! We start by looking at what Kebni is. We are a small company that produces and develops products in the categories of stabilization, navigation and satellite communication. Our product areas are Satcom, where we manufacture stabilizing satellite communication antennas for different solutions, and Inertial Sensing, where we manufacture and develop IMURs that measure relative movement. We are within the defense segment and we typically work with different customers in demanding environments and with high demands for robustness. Typical customers are Saab and Epiroc. Then we go in and look at Q2 and I can with joy and pride note that in the second quarter of the year we close the books with an EBITDA margin of 14% and an growth of 9% compared to the same period last year. The turnover ended at 33.7 million, EBITDA 4.9 million, as I said 14% and the last row 2.4 million corresponding 7% margin. Vi har ett operativt positivt kassaflöde på 16 miljoner. Jag kan konstatera att jag tycker det här visar tydligt på att vi fortsätter vår tillväxt och vi gör det med lönsamhet. Det är jätteglädjande. Vad har hänt som är värt att poängtera under kvartalet? Självklart även om det här inträffade i samband med föregående kvartalsrapport och vi egentligen redan har pratat om det, så är det ändå så påtagligt att vi tar upp det igen. We received the fourth volume order from Saab to manufacture EMUs for the N-lock system. The order was 134 million, the largest order so far. This ensures a continuous production during 2026 and beyond. This is really fun. strengthens the image of our positive relationship with SAAB. Another news during the period was the contract with ESA for our small stabilizing antenna, which we call SOTOM. This is interesting for three reasons, not primarily because it was a large business. As a business, it was small, but it is of interest because it is the first SOTOM-business It is made for a strong reference customer and we are working on using it for LEO satellites. That is to say the low-flying satellites, unlike traditionally we work with geostationary satellites. So for us this is strategist vägval, eller strategiskt viktig punkt att trycka på. Vi kan konstatera då att vi har här också precis släppt nyheten att vi har skrivit på ett samarbetsavtal med Aimpoint. Aimpoint är en in the world leading suppliers of electro-optical sights for different applications. It's a lot of fun and both good for the future. We continue to work with Aimpoint and it will be very exciting to see where this takes us. Vidare, den vakne betraktaren kan konstatera att vi under perioden har gjort en mjukvaruuppdatering på vår IMU-familj Sensation. This update is primarily focused on drone applications, and it is not a coincidence that we choose to focus on drones. The market is super hot right now, and therefore this update. I know that we will make further updates to strengthen the drone applications in the coming period and beyond. End.

Thank you for that presentation, Torbjörn. Excuse me. I think we'll start with a very general question. Are you happy with the development of this quarter? Is there something special that you think stands out? Something that you're not really happy with? How does that feel?