Volati AB (VOLO) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to today's webcast presentation with Volati. With us today to present, we have CEO Andreas Stenbäck and CEO of Salix Group, Martin Hansson. After the presentation, there will be a Q&A. So if you're calling in and want to ask a question, please press star nine to raise your hand and then star six to unmute yourself when handed the word. You can also submit in questions via the form to the right. And with that said, please go ahead with and start your presentation. Thank you and thank you everyone for listening in today. This is most likely also my last call with SOLIX as part of VEVOLATE and I'm very happy to have Martin Hornsson, the CEO of SOLIX Group at my side here today to give you some more flavor about the strong development in SOLIX. But let's get into the presentation. Velotti creates value by developing our today's six platforms, growing them both organically and for acquisitions. From this quarter, Salix Group is considered discontinued operations. while the remaining five platforms are now reported separately in our segment reporting and as then separate business areas and that will then be the remaining volatility of the potential separate listing of SOLIX Group. But we will get into more details about more all of these six platforms later on in the presentation. If I start by summarizing the quarter, mat sales increased by 3% and EBITDA came in 3% behind last year. So I do not typically talk about items affecting comparability or extraordinary items, but in this quarter, I think it's justified to do that. The reason being that we have significant costs related to the separate listing process of Solix Group. And that is also in the quarter where we have, because of the seasonality over the year, relatively low EBITDA. S...