Logotype for Viva Wine Group

Viva Wine Group (VIVA) investor relations material

Viva Wine Group Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Viva Wine Group
Q2 2025 earnings summary28 Aug, 2025

Executive summary

  • Net sales grew 20.2% year-over-year to SEK 1,339 million in Q2 2025, primarily driven by the Delta Wines acquisition, with organic growth at 1.0%.

  • Integration of Delta Wines is proceeding as planned, expanding the group's European footprint and sustainability organization, with positive stakeholder reception.

  • The group remains the market leader in the Nordics with a 22.6% market share, though slightly down due to tough comparables and prior logistical boosts.

  • B2B segment led growth, with B2C showing slight organic growth despite negative FX effects and soft consumer sentiment.

  • Earnings per share increased to SEK 0.50 from SEK 0.38 year-over-year.

Financial highlights

  • Adjusted EBITA/EBITDA margin declined to 7.5% from 9.6% year-over-year, impacted by lower gross margin from Delta Wines, one-time acquisition costs, and increased OpEx.

  • Net sales reached SEK 1,339 million in Q2 2025, up from SEK 1,114 million in Q2 2024.

  • Net working capital and net debt increased due to the acquisition and new loan, with net debt at SEK 1,539 million and NWC/Net Sales RTM at 14.5%.

  • Cash flow from investing activities included SEK 566 million for the Delta Wines acquisition; a new loan of SEK 633–634 million was raised.

  • Gross margin in Q2 was 19.1%, down from 20.4% year-over-year.

Outlook and guidance

  • Expectation to deleverage net debt/EBITDA from 4.1x to 2.5x within a year as EBITDA is consolidated.

  • Integration of Delta Wines is expected to strengthen the group’s European platform, with seasonality driving strongest performance in Q4.

  • No planned OpEx step up in 2026; OpEx as a percentage of net sales expected to align with 2023 levels.

  • Delta Wines expected to deliver mid-single-digit organic growth, in line with group targets.

  • Management focuses on operational excellence, broader offering, and geographical expansion for future growth.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Viva Wine Group earnings date

Logotype for Viva Wine Group
Q3 202520 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Viva Wine Group earnings date

Logotype for Viva Wine Group
Q3 202520 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Viva Wine Group is a producer and distributor of wines, focusing on offering a broad portfolio of wine brands across various price segments. The company specializes in sourcing, producing, and marketing wines from different regions worldwide, catering to a diverse range of consumer preferences. Viva Wine Group operates through multiple subsidiaries and collaborates with wineries and vineyards globally, ensuring a varied selection of wines. The company's products are available through retail channels, online platforms, and direct sales, serving markets in Europe and beyond. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage