Viva Wine Group AB (VIVA) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Viva Wine Group presentation for Q2 2025. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to CEO Emil Salnas and CFO Lynn Gavir. Please go ahead. Good morning everyone and welcome to our Q2 2025 presentation. My name is Emil Svallnäs and I will, together with our CFO, Lynn Gavert, present today. This is the agenda for today and before we go into the quarterly update on financials, I want to start by giving you a short introduction to Viva Wine Group. We, now after the acquisition of Delta Wines, have two main segments in the group, business-to-business, B2B, and business-to-consumer, B2C. Business-to-business consists of the Nordic countries as well as Netherlands, Poland, Belgium, and the Czech Republic, all markets where we do not sell directly to consumers. B2C consists of our e-commerce business based in Germany, but with consumers spread over a number of countries in Europe. In our B2B segment, we operate in the Nordic monopoly market. We are the clear market leader in wine, where we are the clear market leader in wine. Our operating companies are active in Sweden, Finland and Norway. And now with Delta Wines, we have expanded our B2B presence into Europe. Delta Wines have a strong presence in all distribution channels from retail, sales to e-com platform, food services, wine shops and exports. In our B2C segment, we operate three Ecom platforms, Dicampo, Wine First and Wine in Black, covering in total 11 different markets. So now let's move on to the Q2 update and our performance summary. Net sales increased significantly due to the acquisition o...