Volati AB (VOLO) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to this presentation with Volati. With us presenting today, we have the CEO, Andrea Stenbäck and CFO, Charlotta Nyberg. We'll open up for a Q&A after the presentation. And if you're calling in and would like to ask a question, please press star nine to raise your hand and star six to unmute yourself when you get the work. You can also use the form located to the right. And with that said, please go ahead with your presentation. And I thank everyone for listening in this nice summer day in Stockholm and Sweden. I was very happy to have Charlotta today at my side. She's now finalized her first quarter as a CFO for Volati. But let's get into the presentation. Let's see here. We start by looking at some highlights from the quarter. It's a mixed, but I would say overall disappointing quarter when it comes to the EBITDA development. We have some highlights. We have Etiquetto performing more or less in line with expectations. Communication, I would say, performing very well with a strong EBITDA growth. And Coroventa also performing in line in, for them, a very small quarter. However, as you all can see, we have low earnings in St. Beric's Group and Tunen Group. And we will get into some more details about all the platforms later on. On the positive side, I would like to highlight the very strong cash flow that we have. And that has enabled us to maintain our acquisition pace and do two more acquisitions just the last couple of weeks. And that summarizes three acquisitions in total for the last 12 months and actually three acquisitions in 2026. We have also finalized the separate listing of Salix Group. Just before digging into our Q2 numbers, I would like to just summarize the separate listing very shortly. I think we through this have demonstrated ...