Q2 2023 Investment AB Latour Earnings Call Transcript

Aug 21, 2023 / 08:00AM GMT
Katarina Rautenberg - Investment AB Latour(publ)-Controller&Compliance Manager

Good morning, and welcome to the presentation of Investment AB Latour's Interim Report for the Second Quarter 2023. (Operator Instructions) I will now hand over to CEO, Johan Hjertonsson; and CFO, Anders Mörck.

Johan Hjertonsson - Investment AB Latour(publ)-President - CEO & Director

Okay. Thank you, Katarina. And once again, welcome to this Q2 conference call. I'm here together with our CFO, Anders Mörck.

As you can see on the first slide, as we usually do, you can see that our overall group structure is unchanged. We had a strong second quarter with record results in terms of EBIT. However, order intake is slightly weakening, and this is mainly explained by a normalization of how customers plan and place their orders after the pandemic, since the logistic chains are more stable now, and also somewhat weaker demand. We are delivering on a very high order book, resulting in

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