Good morning, thank you for joining us today. I will start by taking you through the main events in the quarter before Anna walks through the financials in more detail. I would say that overall, Q2 was a strong quarter for Ratos. We delivered profitable growth in what is typically the largest and most important quarter of the year, supported by solid development in our industrial products companies and signs of stabilization in our industrial services companies. Net sales increased by 3.4%. Adjusted EBITA came in at SEK 988 million, corresponding to a margin of 17.3% and an EBITA growth of 14%. Adjusted earnings per share was SEK 1.97, an increase of 20% compared to last year. We had a strong cash flow and cash conversion in the quarter, with underlying cash flow growing by 20% and a cash conversion reaching more than 100%. During the quarter, we continued to execute on Ratos 2030, the strategy we launched at our capital markets day in March. I will now highlight the key actions we took in Q2 and how they link to our strategic objectives. Under our strategic objective of building a more focused Ratos, we took several important steps during the quarter. We reduced our ownership in Sentia from 40%- 31%, bringing our stake to a level consistent with our long-term ownership ambition. Sentia has been one of Ratos' stronger investments, with an IRR of around 30% over 13 years we have owned and developed the company. We are also pleased to be able to report that we received SEK 200 million from our M&A insurance linked to the Expin Group transaction with a positive cash flow effect in the quarter. During the quarter, we have also been focusing on our divestment processes related to our non-core companies. Turning to our strategic objective of driving profitable and capital-efficient growth, we made progress in several areas during the quarter. Presis Infra received a major order of NOK 964 million for Oslo Gardermoen, covering a five-year period. HL Display acquired UFO Display Solutions, an Australian display company strengthening the position in the Australian market. Under our objective of develop our ways of working, we continued to strengthen our model as an active and long-term investment company. One example is our recruitment of external senior leaders and experts as chairs of the boards in selected companies. I would like to welcome Dr. Holger Rubel as Chair of the Board in LEDiL, Lisa Åberg as Chair of the Board in Aleido, Magnus Håkansson as Chair of Kvd Group. I would now like to move to performance of our companies, which we have categorized, as you know, as core and non-core. Our core portfolio is where we will concentrate ownership, attention, and capital to drive profitable, capital-efficient growth over time. Turning to our industrial products companies, Diab's strong performance continued in the quarter, delivering 16% organic growth supported by increased demand from defense customers. Profitability improved on the back of the higher volumes, combined with lower depreciation. We also saw a strong development in return on capital employed. HL Display reported 5% organic growth, supported by electronic self-labeling or ESL rollouts. Margins were impacted by product mix and the Deinzer acquisition. HL also did their second add-on acquisition in the year by acquiring UFO Display Solutions, strengthening HL's display on the Australian market. LEDiL delivered 2% organic growth driven by the indoor business, while the outdoor business continues to face a more subdued market environment. We also saw improved gross and EBITDA margins. Turning to our industrial services company, market conditions continued to be more challenging. Aleido reported -4% organic growth. The overall market remains cautious, and the main bright spot is increased orders and activity in the defense segment. Aleido has been driving successful efficiency measures that resulted in a strong EBITDA development compared to last year. For Knightec Group, demand stabilized in the quarter with continued favorable development within the defense customer segment. Knightec Group also worked with reallocation of resources to growth areas and organization delayering to drive stronger performance going forward. Speed grew 23% organically from larger new contracts and pricing renegotiations. A big focus for the company is the rollout of the automation product that impacted profitability in the quarter, but we saw a sequential EBITDA improvement from last quarter. An automation project will continue Q3 and Q4, but we will have a positive impact from next fiscal year. TFS delivered 12% organic growth, primarily driven by an increased share of pass-through revenues, while service revenues were down. It was positive to see that TFS received orders in the quarter in the dermatology area that will support service revenue growth going forward. Moving now to our infrastructure segment. Presis Infra delivered 4% organic growth in the quarter. Profitability was somewhat lower, mainly driven by product mix and timing from effects in starting up new projects. Presis Infra won a major order for Oslo Gardermoen of NOK 964 million over these five years. Now moving on to our minority holdings. Aibel now have a record high order backlog. We're seeing improving sentiment for European energy industry following the conflict in the Middle East. In the quarter, we benefited from successful product execution as well as a more favorable financial net. For Sentia, the share price has increased by more than 50% since the listing in June 2025. We also received a dividend from Sentia in Q2 of approximately NOK 220 million corresponding to Ratos' share. In the beginning of June, we did a sale of existing shares from 40%-31% in Sentia to institutional investors. In further improving our long-term free float and liquidity in the Sentia share, also reducing Ratos' ownership to a level consistent with its long-term ownership ambition. The gross proceeds from transaction amounted to approximately NOK 650 million. Lastly, a brief update on our non-core consumer companies. Kvd delivered -9% organic growth impacted by lower used car volumes. Forsbergs Fritidscenter continued to perform well with a strong order backlog. Oase Outdoors reported +17% organic growth in its largest and most important quarter. Gross margins also improved as a result of initiatives to optimize product cost. Plantasjen delivered 3% organic growth, primarily driven by positive development in the Norwegian market. The gross margin was robust, EBITDA margins were impacted by marketing investments. With that, I would like to hand it over to Anna, who will take us through the financials in more detail. Thank you, Gustaf, let us have a look a bit more into details. I would like to highlight that this is the third consecutive quarter of organic growth. Now we are seeing a last 12 months organic growth of 2%, which is really good to see. Looking at EBIT improvement, EBITDA improvement, it grew healthy by 14%, but it was a solid +5% excluding our associated companies. Digging a bit further on each and every component, we saw a healthy drop-through of 15% from our organic growth. We did see some bits and pieces moving around in that EBITDA contribution. For instance, Speed had quite a negative contribution on EBITDA line compared with last year. What is good to see is that Speed has moved to black numbers and has sequentially improved. Of course, in this bridge, it's highly negative contribution on EBITDA. This was more than offset by very strong Diab, who contributed both from top line and EBITDA perspective. Moving into M&A piece, we have two major items moving in there. It's the disposal of Expin. If you remember, Expin was a loss-making company, hence it comes with a good contribution on EBIT here. How HL Display acquired Deinzer. Deinzer is quite a sizable acquisition, but unfortunately, they have quite a pronounced seasonality, out of which Q2 is their weakest quarter, and they were actually loss-making. Still, these two components together were margin accretive, 40 basis points. Moving further down into the bridge, we have the FX component. We have turned a corner, FX is in positive territory. This stems from Norwegian krone strengthening towards SEK. It's a translation FX impact. On the other hand, it had a neutral contribution to our EBITDA margin. Sentia, a meaningful contribution of 100 basis points versus last year. We should remember that Sentia was not part of the Q2 2025 numbers. Worth remembering that as of Q3, we will no longer have this large bridge item. If anything and all else equal, as we have gone from 40% ownership share in Sentia to 31% ownership share, all else equal, this should be a negative bridge item as of Q3. Aibel, good to see positive contribution, 40 basis points on our margin. It has to do of Aibel actually during 2026 being very good and executing on ongoing projects. We saw less negative net financial items compared with last year. Digging a little bit further, again, I would like to highlight some items. I think it's great to see that LEDiL has turned a corner, posted organic growth, and managed to improve their gross margins and EBITDA margins. Knightec Group, it could be under the headline flattening out. That's good, even if it was on admittedly easy comparables in last year period. Another comment that I would like to make is in regards to Presis Infra, where we saw a solid organic growth, but as you can see, negative contribution on EBITDA line. This, I would say, has rather to do of having quite difficult comparables in the same period last year, as previously mentioned, we are now facing a project mix where we have larger share of new projects. These projects come with slightly lower margins up until we are efficient enough to increase them. I would say nothing funny going on there. Last but not least, of course, Plantasjen, this is their most important quarter. We saw +3% versus last year, again, on easy comparables. Of course, we would have wanted to see more here, but we are happy that we are in positive numbers the second quarter in a row. Also we managed to increase EBITDA by SEK 8 million. We also, just to mention one another thing, that gross margin was good in Plantasjen, but we did make some marketing investments to support Plantasjen going onwards. Just looking at Plantasjen, we have had year and a half of focusing only on cost. We would like now to move into phase where we actually focus on the commercial side of things. Hence, we believe it was the right thing to do these marketing investments during the quarter. Now addressing networking capital. Relative networking capital hovers around 7% for several quarters now in a row. Nothing major going on. Looking at it sequentially, we saw a bit of a decline, so we released some networking capital supporting our cash. Going to cash, I would say that there were two major drivers. One is strong result, the second one is networking capital release. But there are some bits and pieces moving around in our cash flow. Hence, I want to dig a little bit deeper. We saw a staggering 40% increase in reported cash flow. However, if we were to look at it a bit more operational and a bit more like-for-like, we adjust for discontinuing operation in the first step, and then if we look at our industry segments, I would like to give a lot of credit to industrial products. We saw a very good cash generation versus the same quarter last year. I would say it is driven by good results, but also good collections going on in some of our companies. For industrial services, also a contribution versus last year, not so much about result, but a bit more on collection and inventory side. For consumer, this is unfortunate as Plantasjen had fantastic cash flow, improved with last year, much due to the inventory reductions. Here for Kvd, due to very solid markets within motorhomes for Forsbergs, they had a bit more inventory on that side, hence a negative cash flow contribution versus last year, and some slippage of orders between Q2 and Q3. Looking in infrastructure, which is essentially Presis Infra, nothing major going on, a bit of an unlucky timing between Q2 and Q3. 20% underlying growth, good cash conversion above 100%, On top of this, M&A insurance, this is real cash, SEK 200 million, Also Sentia dividend, which we received during the quarter, taking us up to that high number of SEK 1.5 billion. Couple of comments on return on capital employed. If we look at on the reported numbers, the main effect and the driver behind the decrease is Sentia disposal or that we IPO Sentia. As you might know, Sentia is asset light, hence has always come with high return on capital employed. Hence, the reported ROCE is down. If we focus on the underlying or adjusted ROCE, where we are adjusting for its continuing operation, but it is also excluding our associate, we see a good trend line taking us up by 100 basis points in the past two years. The major driver, I would say industrial products, again, Diab in particular. When it comes to industrial services, this is a long-term metric. We still are suffering from lower results for majority of our industrial service companies, not to say all. One last comment. Due to this excess cash that we received in quarter two, we decided to repay some debt amounting to SEK 800 million in the quarter, which is of course part of the capital employed piece. Now looking at our net debt EBITDA, we see significant deleveraging and taking our leverage down to one time. This is of course below our targeted range of 1.5x-2.5x. Again, these one-off items have been significant in the quarter. Sentia sell down SEK 650 million, M&A insurance SEK 200 million, Sentia dividend additional SEK 221 million, of course the solid operational cash flow in a very important Q2. This means then that leverage is posted at a very low number. I just wanted to remind you a different perspective to take here is Ratos has successfully during the past 12 months received non-recurring cash items amounting to SEK 1.6 billion. This includes also the Aibel settlement of SEK 700 million in cash, which we received in Q3 last year. If I were to adjust for this, of course, this is a theoretical example, our leverage would rather be 1.7x. Again, what this picture illustrates is of course, that we do have high financial flexibility. What it all boils down to is of course EPS growth, we are happy to see year-over-year 20% increase taking us just below SEK 2. Also on the LTM basis, I would say the growth is even higher. It's almost 40%. What makes me additionally happy is that we see accretion throughout the P&L. It's not just of us growing the underlying result, it is us having lower net financial items supporting EPS. It's also, if we just look at the tax line, it is in line with last year this has to do with us having still some tax losses carried forward. Tax is also supporting. We have a lower share of non-controlling interest that is also supporting and taking us down to this very nice EPS. Just one comment we shouldn't get used to a low tax rate. Reported tax rate was at 12%, our normalized tax rate is rather in the range 17%-19%. Very happy to see this EPS working with us as well. Now I would like to hand over to Gustaf for some conclusions and summary. Thank you, Anna, for an excellent overview. Now I would like to talk a little bit about the summary of the quarter, and it has really been about delivering profitable growth and execute on the Ratos 2030 Strategy together with implementing the Ratos investment company model. In the quarter, we saw improved performance in almost all portfolio companies, and we added external competencies in three of our boards. We did a successful sell-down in Sentia from 40%- 31%, and we are now at our long-term ownership level. We continue to focus on add-on acquisitions in our platforms companies. We end the quarter with, as Anna presented, a very strong financial position, and that enables us to do more add-ons on our platform companies, but also organic investments in other portfolio companies. Looking ahead, our focus is really to keep driving improvements, implementing our investment company model so that we can sustain profitable and capital efficient growth through Q3 and onwards. With that, thank you, and we are happy to take any questions. If you wish to ask a question, please dial pound key five on your telephone keypad to enter the queue. If you wish to withdraw your question, please dial pound key six on your telephone keypad. The next question comes from Björn Olsson from SEB. Please go ahead. Hi, guys. First on two of your holding companies, if we start with Knightec. You are saying that you are seeing the decline in demand flattening out, but you are still printing 11% sales decline year-over-year. In the same time, the margin decline seems to have troughed. I guess the first question is twofold. First, where do you get the conviction that this seems to be the trough in sales declines? Second, have you adjusted your cost base making the margin decline to stop, or is it a mix effect? Thank you, Björn. I will start, and Anna can add. I think if you look at the technical or industrial consultants market or segment, it has been quite the challenging market over the last quarter, maybe years as well. I think we're still there. We don't see huge improvement going forward, but what we say is it has kind of stabilized on these levels. There are activities out in terms of orders. We are winning orders, but at the same time, we're also focusing and doing a bit more focus on higher growth segments. I mentioned defense and energy and so on, where we have a strong position, but we want to grow that even more, and that is correct for both Knightec and for Aleido. I think that the team at the Knightec with Dimitris, they're doing a good job in this different industry focus. At the same time, they work a lot with their model and with their organization and delayering to make sure that we have the cost level that we need to support the margins, exactly as you mentioned. That's the ongoing work, and they will continue to focus on that, of course. As always, the key priority for Knightec is really to come back and drive order growth and then revenue and of course margins going forward as well. That would take some time, I think. Looking into the coming quarter, we don't see any big change in the market sentiment, but we are kind of seeing a stabilization. That is how I would like to describe the current situation. Anna, do you want to add something? Just a couple of additional comments. I would say what we've seen in Knightec is that we've had difficulty compensating for a drop in gross margin with these integration or OpEx related savings. As you can understand, gross profit is much larger than the other cost or admin cost or OpEx cost. Hence, even though we have been active in trying to address that, the gross margin decline has been difficult to compensate for. We would also like to be a little bit more ready when and if the growth comes back. What we are trying to do is keep some of the competencies in-house, and also at the same time as we have reduced admin personnel, we have added personnel in COGS, and these resources, they are not up and running from day one. Hence, they are weighing on the gross profit. This is a balancing act. Just to summarize, Björn, it's a challenging market. I think the company is doing a good job here and now to cope with that. We are well-positioned when the growth comes back and the market comes back to have a strong growth position then. I sort of interpret this as that the sort of 11% year-on-year drop should probably be lightly visible in Q3 as well, and then perhaps it can, fingers crossed, et cetera, pick up speed once the market in general picks up speed. Does that?- Sorry, Björn. read you correctly? I don't understand where 11% is coming from. Year to date, Knightec is organically kind of flat-ish. It's just Q2 against Q2 2025. Then it's up 2% on Q2 last year organically. Okay, that's good to know. Yeah. The reported number looks different, anyway, okay. Let's be more positive. Turning to Diab, I guess it's the other side of the coin here. How much should we extrapolate the current margin and sales trends? Thank you. It's a great question, of course, Diab is performing so well. You can see the trend here of the last quarters, fantastic development, well-positioned for the defense segment and so on. I think it's important to say as well that it's been a very successful and high growth over the last quarters here. Going forward, we are a bit more cautious on that outlook. It would be still on very high levels, because they're well-positioned, especially the defense, but also the energy segment. Maybe a couple of comments, Björn. We mentioned Diab settlement. We also have, apart from operational support and volume growth, which we are definitely seeing, we also are benefiting from lower depreciation. As we wrote off fixed assets in Q3 last year, that effect will tail off, which of course you will not drive the EBITA as much as we've seen in the past. One another comment is that we do benefit. We have deliberately, we want to get out from the wind segment, which has meant that we've increased prices towards those customers. We are benefiting from that on both top line and EBITA. That effect is also going to tail off as we approach the second half of 2026. Solid underlying demand, but there are some items here which will we not benefit as much as we have historically. Okay. Thanks. Just finally, on a more strategic level, you are clearly putting the consumer brands up for sale. In a scenario where you don't get an attractive offer enough, do you have a plan B on what to do with these holdings if such an event would occur? Yeah. We are focusing, the priority right now is to follow the divestment plan, that's what we're working on. Of course, we always have a plan B. We always think through all the different scenarios going forward, it's important to say that the focus here now and what we aim to deliver on is the divestment path. That we are working on those processes, I would not today talk about those processes in more detail. When we have something to talk about, we will come out again and give you an update, of course. Björn, rest assured, we are thinking through all different scenarios going forward, but the priority is to find a divestment path. Okay. Thanks. Thank you, guys. Thank you. Thank you, Anna, and good luck in the future if we don't get any more calls with you. Thanks, Björn. There are no more questions at this time, so I hand the conference back to the speakers for any closing comments. Yes, thank you for listening in to our call and all the questions. I would just like to give some brief final remarks on the quarter. Q2 is Ratos' largest and most important quarter, and we delivered organic growth, we improved our margins, and we also showed a strong cash flow. Q2 was a strong quarter for Ratos, where we delivered on a strategy and we continued to implement our investment company model. We now really look forward to continuing to deliver during our important Q3 quarter and the fiscal year 2026 and beyond. With that, I would like to thank you for listening in, and have a great day, and thank you.