Precise Biometrics AB Earnings Call Transcripts
Fiscal Year 2026
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Q2 revenue and volumes declined amid low-end market pressure, while access and visitor management continued to grow. The post-quarter FPC merger and SEK 100 million rights issue support integration, targeted synergies and a broader biometric offering.
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The merger creates a leading biometrics provider with a broad product portfolio and SEK 45 million in targeted annual cost synergies. Integration is progressing ahead of schedule, with a SEK 110 million rights issue supporting growth and commercial initiatives. Focus areas include physical and logical access, government ID, payments, and expansion into new markets.
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The merger combines complementary biometric software and hardware capabilities, creating a global leader positioned for industry consolidation and profitable growth. Annual cost synergies of at least SEK 45 million are targeted, with full realization expected by 2027.