Q2 2022 Bufab AB (publ) Earnings Call Transcript
Welcome to the Q2 earnings call for Bufab. Today's conference is being recorded. There will be a question-and-answer session at the end of the presentation. At this time, I would like to turn the conference over to Johan Lindqvist. Please go ahead, sir.
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Good morning, everybody, and welcome to the Q2 report for Bufab. We look at the presentation on Page 1. So once again, a strong quarter in a continued challenging market. Bufab once again reported highest sales, highest operating profit and earnings per share for -- ever for a single quarter. We see continued strong demand in the second quarter across all segments.
Organic growth, up 16% driven by price increases, underlying demand and improved market share. And also the order intake remained stable. Improved gross margin, driven primarily by segment North and East. There is also increased share of operating expenses due to remeasured additional purchase considerations.
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