Fluidra Sa (FLUIF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to our Q1 2026 results call. My name is Clara Valera, Strategy, Investor Relations and FP&A Senior Director. Joining me today on this call is our Executive Chairman Eloy Planas, our CEO Jaime Ramírez and Xavier Tintoret, our CFO. They will walk you through the presentation and afterwards we will open the floor for questions. You can follow the presentation in either English or Spanish by selecting your preferred language in the drop-down menu at the bottom right-hand side of your screen. If you would like to ask a question, please find the information and instructions in the Ask a Question tab on the webcast. Please register to receive dial-in details. After the registration process, you will need to press Start 5 on your telephone keypad to ask your question. The presentation is available on our website and has been filed this morning with the State Stock Exchange Commission. Our replay of today's call will also be available on our website. With that, I hand it over to our Executive Chairman, Eloy Planos. Thank you, Clara, and good morning. Thank you for joining our resource call today and for your interest in Florida. Jaime and Xavier will provide more detail shortly, but let me start with a few key points. points from my side. We deliver a good performance in Q1 consistent with our expectations for the year. In a market that remains broadly volume flat, we continue to outperform and gain share while advancing our strategic priorities in a dynamic environment. At constant FX, sales were up 5% and EBITDA grew 2% in the quarter. Reported figures were impacted by FX. Growth was driven by both volume and price, with solid sell-through across all our markets, underpinned by excellent customer service and continued market share gains. Gross margi...