NIBE Industrier AB (publ) (OTCPK:NDRBF) Q2 2025 Earnings Conference Call August 22, 2025 5:00 AM ET Company Participants Gerteric Lindquist - CEO, MD & Director Hans Backman - Chief Financial Officer Conference Call Participants Anders Roslund - Pareto Securities AS, Research Division Carl Deijenberg - Carnegie Investment Bank AB, Research Division Carl Ragnerstam - Nordea Markets, Research Division Cedar Ekblom - Unidentified Company Morgan Stanley - Unidentified Company Christian Hinderaker - Goldman Sachs Group, Inc., Research Division Karl Bokvist - ABG Sundal Collier Holding ASA, Research Division Uma Jun Samlin - BofA Securities, Research Division Viktor Trollsten - Danske Bank A/S, Research Division Vivek Midha - Citigroup Inc., Research Division Operator Welcome to the NIBE Q2 presentation for 2025. [Operator Instructions] Now I will hand the conference over to the CEO, Eric Lindquist; and CFO, Hans Backman.