Oriola Oyj (0NES) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and a warm welcome to Oriola's Q1 Audiocast. I am Tore Stenizoniam from Oriola's Investor Relations. With me today, I have our CEO, Katharina Gabrielsson and CFO, Mats Danielsen. We will start with Katharina's presentation, followed by Mats' financial review. After the presentation, we open up for your questions. As a kind reminder, in the Q and A, we will focus on questions relating to Oriola's business and financial performance. Like always, you can start posting questions to us already during the presentation through the chat. Finally, please note that we are recording this audio cast and a recording will be available on our website later today. Before handing over to Katharina, here is the disclaimer that we all should be aware of. And now, further ado, Katharina, please go ahead. Thank you, Thioa, and also welcome from my behalf. If you look at the first quarter, we can see that the demand for order in house distribution services has remained strong. It has been supported by continued engagement with existing customers and also solid pipeline of new customers opportunities. In the wholesale business, the positive development from last year has continued building on the actions and improvements implemented in 2025. We last year said that we were investing in this business and we can also now start to see the results. We have strengthened our footprint in the growing retail channel and we have also expanded the sales channel mix for animal health. And growth has also continued in the ecom channel. In the first quarter, Oriola's net sales was growing by 10.7% to €49,800,000 and adjusted EBITDA was €7,700,000 That is corresponding to an adjusted EBITDA margin of 15.4. In Finland, we have also started the construction of Oriola's new highly au...