Volati AB (VOLO) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to today's presentation with Volati. With us presenting today, we have the CEO of Volati, Andrea Stenbäck, and CFO of Solix Group, Martin Hansson. We'll open up for a Q&A after the presentation, and you can either type in your questions using the form to the right, or if you're calling in and would like to ask a question, please press star nine to raise your hand and star six on mute when you get the word. And with that said, please go ahead with your presentation. Thank you. And thank you everyone for listening to our quarterly presentation. Let's dig into it. So Velote, we're an acquisitive growing group of well-managed companies with strong earnings and cash flows. And today we consist of three business areas, but I'd rather talk about our six platforms. And our business model is to develop these platforms and build them independent and strong. Currently, we are evaluating a separate listing of the platform Solix, which is also our largest business area. I'm very happy to have the CEO of Solix Group, Martin Hansson, with me here today to tell you a bit more about Solix Group later on during the presentation. So let's get into the numbers. Our Q4, the sales came in in line with last year, and EBITDA increased with some 3% in the quarter. Saw lakes developed very strong, showing a growth in EBITDA of 74%. And I would say that Etiquetta had a stable development. In industry, I'll get into that a bit later on, we see a mixed development. Very strong operating cash flow, up 8% compared to last year. And the net debt to EBITDA ratio is now down at 2.5. So just concluding the full year then. We have seen sales increase of 7% and that's supported by Etiketto that grew close to 30%. Salix also had a strong growth of roughly 15% compared ...