Volati Ab · OMXSTO:VOLO
Volati Ab — Investor Presentation (April 2026)
25 slides from Volati Ab's investor presentation, April 2026
Slide 1: Updated business area structure
Updated business area structure Adjustments to segment reporting April, 2026
Slide 2: Background
Background • Since 2022, Volati has reported its operations across three business areas: Salix Group, Ettiketto Group, and Industry (including the platforms Communication, Corroventa, S:t Eriks Group and Tornum Group) • Over time, the platforms within the business area Industry have developed into i
Slide 3: Introduction to Volati
Introduction to Volati • Swedish industrial group that creates value by acquiring and developing successful companies, with the vision to be Sweden’s best owner of medium-sized businesses • Completed more than 60 acquisitions and delivered an average yearly EBITA-growth of 25% since the foundation i
Slide 4: Starting Q1 2026 Volati will consist of 5 business areas
Starting Q1 2026 Volati will consist of 5 business areas, each reported as a separate segment Volati home markets Subsidiaries SEK 4 309m SEK 318m ~1600 Net sales 2025 EBITA 2025 Employees Focus on value creation through the development of our five platforms (business areas) Note: Excluding Salix Gr
Slide 5: Business model & platform development for long-term value creation
Business model & platform development for long-term value creation • Platforms with strong intrinsic potential for profitable growth • Focus on operational improvements, including synergies within platforms • Several ongoing initiatives in competence and leadership development • Focus on add-on acqu
Slide 6: Updated Management Group, reflecting the new business area structure
Updated Management Group, reflecting the new business area structure Andreas Stenbäck Charlotta Nyberg Åsa Holmgren Rikard Ahlin CEO CFO Head of Strategic HR CEO of Ettiketto Group Andreas Westholm Gregorio Zuazu Vela Magnus Ström Sofia Svensson CEO of Communication Acting CEO of Corroventa CEO of S
Slide 7: Financial targets remain intact
Financial targets remain intact EBITA growth1 Return on adjusted equity2 Capital structure2 The target is an average annual growth in The long-term target is a return on The target is a net debt/adjusted EBITDA EBITA per ordinary share of at least 15 adjusted equity of 20 percent. ratio of 2 to 3 ti
Slide 8: EBITA development in line with target 15% despite more challenging market conditions
EBITA development in line with target 15% despite more challenging market conditions in recent years EBITA development Volati excluding Salix, SEK m • Strong value creation 2019–2023: EBITA grew at ~36% CAGR, driven by organic growth and an active M&A agenda CAGR • 2024–2025 marked by more challengi
Slide 9: Our financial goal is to increase EBITA by at least 15% annually
Our financial goal is to increase EBITA by at least 15% annually, doubling EBITA in every five years EBITA development Volati excluding Salix, SEK m Illustrative numbers showcasing 15% 15% EBITA growth from 2021 CAGR from 2021 1200 1050 900 419 472 341 390 318 136 168 2019 2020 2021 2022 2023 2024 2
Slide 10: Ettiketto Group – Introduction
Introduction Ettiketto Group Key facts about Ettiketto Group1 Nordic market leader in self-adhesive labels Part of Volati since 2011 • Full-service provider of labeling solutions – self-adhesive • CEO: Rikard Ahlin (effective labels and integrated solutions in customers’ production 1 June: Klara Sve
Slide 11: Ettiketto Group – Value creation in the platform
Value creation in the platform Ettiketto Group What we have done so far M&A journey • Formation of Ettiketto Group - Established a platform structure with management and central functions enabling governance, strategy, operational excellence and M&A across the platform • Established “Ettiketto Way o
Slide 12: Ettiketto Group – Margin target 20%
Margin target 20% Ettiketto Group Margin development from 2019 Long-term EBITA margin of at least 20% (EBITA margin, Net sales SEK m) • The target margin is well anchored in the platform’s EBITA margin Net sales, SEK m historical performance, both in the core business and 21.4% through demonstrated
Slide 13: Communication – Introduction
Introduction Communication Supplier of critical infrastructure solutions through Key facts about Communication towers, masts and mounting solutions Part of Volati since 2021 • End-to-end solutions for telecom, infrastructure and • CEO: Andreas Westholm USA industrial applications – towers, masts and
Slide 14: Communication – Value creation in the platform
Value creation in the platform Communication What we have done so far M&A journey • Formation of Communication – Established a platform structure following the acquisitions of Scanmast and MAFI, including group management team, governance and organisational structure • Initiated selected operational
Slide 15: Communication – Margin target 14%
Margin target 14% Communication Margin development from 2021 Long-term EBITA margin of at least 14% (EBITA margin, Net sales SEK m) EBITA margin LTM Net sales, SEK m • The target margin is anchored in the shared view of the platform’s long-term earnings potential, supported by historical performance
Slide 16: Corroventa – Introduction
Introduction Corroventa One of Europe’s market leaders in high-quality Key facts about Corroventa products for dealing with water damage, moisture, odours and radon Part of Volati since 2007 • Premium products and systems for moisture control • CEO: Gregorio Zuazu Vela and water damage restoration –
Slide 17: Corroventa – Value creation in the platform
Value creation in the platform Corroventa What we have done so far • Stable growth through organic development – For example through product innovation and rental fleet • Strengthened capabilities of leadership team – Expanded leadership team and recruited key talent • Refined strategic focus on cor
Slide 18: Corroventa – Margin target 22%
Margin target 22% Corroventa Margin development from 2019 Long-term EBITA margin of at least 22% (EBITA margin, Net sales SEK m) EBITA margin LTM Net sales, SEK m • The target margin is anchored in the platform’s historical profitability, with average margins at or above this level 365 achieved over
Slide 19: S:t Eriks Group – Introduction
Introduction S:t Eriks Group Leading Swedish manufacturer and supplier of Key facts about S:t Eriks Group infrastructure, construction and landscape products Part of Volati since 2018 • Leading Swedish manufacturer and supplier of • CEO: Magnus Ström infrastructure, construction and landscape archit
Slide 20: S:t Eriks Group – Value creation in the platform
Value creation in the platform S:t Eriks Group What we have done so far M&A journey • Formation of S:t Eriks Group – Established a platform structure with well- defined divisions with clear accountability for results within each unit and subsidiary • Targeted growth within the infrastructure segment
Slide 21: S:t Eriks Group – Margin target 10%
Margin target 10% S:t Eriks Group Margin development from 2019 Long-term EBITA margin of at least 10% (EBITA margin, Net sales SEK m) EBITA margin Net sales, SEK m • The platform’s margins are expected to expand driven by 1,518 1,511 continued growth in high-margin niche and infrastructure 1,340 seg
Slide 22: Tornum Group – Introduction
Introduction Tornum Group International supplier of grain handling, feed Key facts about Tornum Group processing and industrial process solutions Part of Volati since 2004 • Turn-key solutions across grain handling, feed • CEO: Sofia Svensson processing and industrial applications – including • Oper
Slide 23: Tornum Group – Value creation in the platform
Value creation in the platform Tornum Group What we have done in recent years M&A journey • Active M&A agenda – Completed acquisitions to expand capabilities, product offering and geographic footprint • Positioned Tornum Group for larger industrial projects (e.g., Lantmännen) • Initiated cost contro
Slide 24: Tornum Group – Margin target 10%
Margin target 10% Tornum Group Margin development from 2019 Long-term EBITA margin of at least 10% (EBITA margin, Net sales SEK m) EBITA margin Net sales, SEK m • The target margin is anchored in the platform’s historical profitability, with margins at this level achieved during earlier 951 905 924
Slide 25: Volati
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