Q2 2023 Lifco AB (publ) Earnings Call Transcript
Welcome to Lifco Q2 Report for 2023. (Operator Instructions)
Now I will hand the conference over to CEO, Per Waldemarson; and CFO, Therése Hoffman. Please go ahead.
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Thank you, and good morning, everyone, and welcome to the Lifco Q2 Presentation.
We can start with going in directly into Page #2 in our investor presentation and have a look at the high level of overall second quarter figures. If we start then with the net sales numbers, we're growing net sales with about 13%. And in this quarter, we actually had a slight negative organic development of minus 1%. I will come back to that in a moment.
We had acquisitions that positively contributed net sales with about 13%. And then we had foreign exchange also positive and then a small divestment in those numbers. The reason for the slight organic drop in this quarter is mainly due with the slightly lower volumes in our Demolition & Tools segment and also in certain parts of
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