Good day, and thank you for standing by. Welcome to the Nordic Transport Group Q2 2022 conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you will need to press star one and one on your telephone. You will then hear an automated message advising your hand is raised. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Christian Jakobsen, Group CFO. Please go ahead, sir. Thank you, and welcome to our Q2 2022 conference call. Thank you for dialing in. If we go to page two, we kindly ask you to read the important notice provided in this slide. We move to page three. You see the presenting team of today. My name is Christian Jakobsen. I'm the Group CFO of NTG Nordic Transport Group. Michael is, due to illness, unfortunately not able to be here today, so you'll have to settle with me. If we go to page four, you see the agenda for this conference call, which includes highlights for the second quarter of 2022, a review of the financial performance of the group and the two divisions, a presentation of all the key figures, and the outlook for 2022. At the end of the presentation, the line will be open to questions from the audience. If we move to page five, these are the main highlights for the second quarter 2022. The positive momentum from previous quarters continued into the second quarter of the year as freight rates remained in favorable territories, and the hardworking employees of NTG continues to do an outstanding job supporting our customers in moving their freight, no matter the challenge. In the Road & Logistics division, shortage of trucks and drivers and elevated fuel prices continued to challenge our customers and employees in Q2, and while volumes gradually decreased during the quarter as demand softened. Freight rates remained high in the second quarter of the year, which resulted in high organic growth compared to the same period last year. In the Air & Ocean division, freight rates entered a decrease, increasing territory compared to the previous periods, although remaining in favorable territories. In combination with higher volumes, the division showed double-digit organic growth in the same quarter on both top and bottom line. As a result, we experienced double-digit growth in net revenue and operating profit for the group in Q2 2022. On 6th of May, we raised our expectations for 2022, and we maintain this guidance. For 2022, we continue to expect a net revenue of DKK 9.7 billion-DKK 10.2 billion and an adjusted EBIT in the range of DKK 700 million-DKK 750 million. On the next slide, I will take you through the Q2 financial results. As I mentioned, we're very pleased to see the positive trends from previous quarters continuing to the second quarter. On this page six, you see the main financial highlights for the group. Net revenue for the second quarter totalled DKK 2.7 billion, which is an increase of 59% versus the same period last year. Organic growth contributed with 25%, and acquisitions in both divisions, most notably the acquisition of Aries Global Logistics, contributed with an additional 35% for the quarter, while currency and translation effects had a negative impact of 1.2%. Gross profit increased by 54% to DKK 533 million, corresponding to a gross margin of 19.5% versus 20.2% in Q2 2021. Adjusted EBIT increased 58% to DKK 217 million in the quarter, corresponding to an operating margin of 7.9% versus 8.0% in Q2 2021, reflecting a constant margin in the Road & Logistics division and a margin increase in the Air & Ocean division. Then if we move to page seven, you see a summary of the key financial performance indicators. As illustrated to the left, the gross margin development for the group was mainly impacted by a decrease in the Air & Ocean division when compared to the last quarters as well as the same period last year, primarily due to the acquisition of AGL and an increasing share of pass-through revenue. In the middle of the slide, you see the conversion ratio, which increased compared to the last quarter of the same and the same period last year. The development was driven by a combination of increased efficiency, higher gross profit per shipment in Road, and persistent cost control. Please note that when looking at the Road & Logistics conversion ratio, Q2 last year was impacted by a one-off effect related to a lease agreement. If we adjust for this, the conversion ratio increased 6.2% year-over-year for the division. On the right-hand side, you see the development in the operating margin, which remained roughly flat compared to the same period last year. However, adjusted for the one-off effect in Q2 last year, the margin increased 1.1 percentage points year-over-year. If we go to slide eight, you see the financial review of the Road & Logistics division. The division generated a net revenue of DKK 1.8 billion in Q2, which was 32% above the same period last year. The increase was related to both acquisitive growth that contributed with 15% and organic growth that contributed 20%. Predominantly driven by capacity and Mobility Package surcharges introduced in 2021 and 2022. This was to safeguard capacities and existing customer relationships, as well as our successful efforts to leverage favorable spot market prices. Gross profit increased 36% to DKK 365 million, corresponding to a gross margin of 20.8% versus 20.3% in Q2 2021. The increase was mainly driven by structural market imbalances that supported favorable spot rates and high utilization of our trucks in the second quarter of the year. As said before, please note the conversion ratio decline of 1.3% was due to the one-off effect in Q2 2021. With reverse, the conversion ratio increased 6.2 percentage points, reflecting increased gross profit per shipment and strong cost discipline. Adjusted EBIT increased 32% to DKK 148 million in the quarter, while the operating margin remained constant at 8.5%. If the margin in Q2 last year was adjusted for the one-off effect, the operating margin increased 1.5 percentage points year-on-year. If we flip to page nine, you see the financial review of the Air & Ocean division. The division generated net revenue of DKK 976 million in the quarter, which was 140% above the same period last year, composed of an organic growth of 43%, mainly driven by elevated freight rates as well as positive trend in volumes handled. Currency translation effects added 3% to the growth, while the acquisition of AGL contributed with 102%. Gross profit increased 113% to DKK 167 million, corresponding to a gross margin of 17.1% versus 19.9% in Q2 2021. This development was, as I mentioned earlier, mainly a consequence of the acquisition of AGL, and secondly, cost inflation resulting in higher revenue. Adjusted EBIT increased 176% to DKK 68 million, corresponding to an operating margin of 6.9% versus 6.2% in Q2 2021. The margin increase was driven by positive conversion ratio development of 9.1 percentage points due to our scalable operating margin model and positive market conditions. A combination of increased efficiency and persistent cost control, though partly offset by the effects of the acquisition of AGL. If we flip to page 10, you see an overview of other key figures. On the left, you see that the net working capital increased to DKK 39 million as of the thirtieth of June 2022, mainly driven by the acquisition of AGL, which added DKK 177 million to in net working capital, partially offset by non-recourse factoring programs releasing DKK 12 million by the end of the quarter. The adjusted free cash flow totaled DKK 152 million in the second quarter of the year, compared to DKK 98 million in the same period last year. That was mainly driven by improved operating performance, but partly offset by the development in the net working capital. Finally, to the right, you see that the net interest-bearing debt, excluding IFRS 16, that totaled DKK 545 million by the end of the quarter, which was mainly the result of the acquisition of AGL. Then if we move to page 11, you see an overview of the share buyback program that we initiated today. The purpose of the program is to meet the obligations to acquisition of shares in subsidiaries under the Ring-the-Bell concept, cover potential obligation under share-based incentive programs, and for other potential purposes, such as payments in relation to potential M&A transactions. The program commenced today and lasts until the thirty-first of March next year at the latest. We will buy shares for a maximum amount of DKK 100 million and up to 310,000 shares in total, corresponding to a maximum of 1.37% of the current share capital of NTG. If we move to page 12, the last slide. A recap of our full year outlook for 2022 that we provided on 6th of May. We maintain our full year expectation of a revenue of DKK 9.7 billion-DKK 10.2 billion and adjusted EBIT of DKK 700 million-DKK 750 million. The updated full year outlook is based on an expectation of a gradual normalization in the second half of the year, and a stable macroeconomic environment with no additional material adverse events affecting regional and global cargo volumes and trade patterns. That was all that we had planned for today. Aurelia, please open the line for Q&A. Thank you. As a reminder to ask a question, you will need to press star one and one on your telephone and wait for your name to be announced. Once again, if you would like to ask a question, please press star one and one on your telephone. Once again, if you would like to ask a question, please press star one and one on your telephone. There are currently no questions, sir. I will hand the call back to you. Okay. There might be some technical challenges. Thank you very much for listening in, and we look forward to our roadshow and to see you when we are publishing the Q3. Thank you very much. Thank you. This concludes today's conference call. Thank you for participating. You may now disconnect. Speakers, please stand by.