Addnode Group AB (publ) (ANOD_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and welcome to the presentation of the ANOD Group Q1 Report for 2026. I'm the CEO, Johan Anderson of ANOD Group. And with me, I also have Kristina Elsger Macintosh, our CFO, ANOD Group. So today, we will give you an insight on Addnode Group, talk about our divisions, a little bit on acquisitions, touch upon AI, and we will end with a q and a. So q one, it was a quarter where we improved earnings and we can see stronger cash flow. We delivered solid earnings growth. The companies acquired in 2025 performed well and combined with cost savings contributed to our favorable earnings performance. EBITDA was up 26% to $274,000,000, and EBITDA margin increased to 17.9% from 14.9%. Earnings per share increased by 24%. We can see the increase in cash flow from operating activities increased to $363,000,000 compared to $2.00 3,000,000 the previous quarter in 2025. We can also see an acquisition. Techne acquired a customer contract base in Germany. We continue to lay also the foundation for future earnings growth by continuing to implement AI, develop new offerings and optimize organizations. If we look at it from a longer perspective that you can see in the graph to the right there, we can see that from 2025 to the rolling twelve months ending this quarter, the EBITDA has doubled from $469.04 61,000,000 to $960,000,000. I will later walk you through Q1 by divisions, but I would like to hand over to Kristina, our CFO. Thank you, Johan. And I'm going to take you through the net sales development from Q1 last year to Q1 this year. And we can see that net sales increased by 5% to SEK 1,531,000,000 and the growth is mainly supported by acquisitions. And from the organic position, the currency adjusted organic growth amounted to minus 6%. And the negative organic gro...