Core Insights - BTS Group AB has corrected its outlook for the full year 2025, indicating that group earnings are expected to be significantly worse than the previous year, which contrasts with the earlier report that suggested only a slight decline in earnings [2] - The group's revenue is not expected to be significantly worse for the full year, correcting a previous misstatement regarding revenue expectations [2] Company Overview - BTS Group AB is a global consultancy based in Stockholm, Sweden, specializing in strategy execution, change management, and people development, with approximately 1,200 professionals across 37 offices worldwide [3] - The company competes in talent and HR consulting as well as traditional consulting markets, addressing a wide range of client challenges including leadership development, talent selection, strategy creation, and culture change [3] - BTS has been focused on the people-side of change for over 35 years, utilizing proprietary methodologies for simulation, learning, coaching, and assessment [3] Stock Information - BTS Group AB is publicly traded on the Nasdaq Stockholm exchange under the symbol BTS B [4]

Core Viewpoint - BTS Group AB has announced a disappointing earnings update for Q2 2025, with a lowered outlook for the entire year, indicating a shift from expecting better EBITA to anticipating worse EBITA compared to the previous year [1][2]. Financial Performance - The company expects net sales of approximately SEK 720 million, down from SEK 730 million, and EBITA of SEK 85 million, down from SEK 110 million for the second quarter [1]. - The negative profit deviation is entirely attributed to BTS North America, which is facing negative revenue growth due to inefficient sales operations and unfavorable USD exchange rates, along with severance and one-time costs [2]. Strategic Response - A program has been initiated to restore revenue and profit growth in North America, which includes new leadership and a revised strategy for marketing and sales [3]. - Other regions, including BTS Other Markets and BTS Europe, as well as the recently acquired executive coaching business of Boda in North America, continue to show healthy growth in revenues and EBITA [3].