Q2 2023 Dustin Group AB Earnings Call Transcript
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Great. Thank you very much, and sorry for the slight delay here with the connections, but here we are.
So good morning, everyone, and most welcome to our second quarter presentation and conference call. Hope you're all well. Here on our side of the call, this is myself Thomas Ekman, and we have Johan Karlsson, CFO, but also soon to be CEO and our Head of IR, Fredrik Satterstrom here in the room as well.
So we present our second quarter results for our fiscal year '22, '23. In our Q2, as you know, from December to February, was on a macro level, very similar to Q1 and continue to be characterized by a cautious trend among small and midsized companies in the SMB segment, while demand remained favorable within the public sector and large companies.
An improved product mix within LCP in combination with the expiry of the agreement with SKI 50.40 in Denmark, supported also a good margin improvement sequentially from Q1 and also the reduced tied-up capital and inventory
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