Logotype for Volati

Volati (VOLO) investor relations material

Volati Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Volati
Q3 2025 earnings summary24 Oct, 2025

Executive summary

  • Sales grew 9% year-over-year to SEK 2,082 million in Q3 2025, with EBITDA/EBITA up 11% to SEK 206 million, driven by strong performance in Salix Group and improved market conditions.

  • Salix Group delivered 19% sales growth and 50–51% EBITDA/EBITA growth, benefiting from structural measures and a strong recovery in the DIY segment.

  • Organic sales growth was 1%, mainly from Salix, while Ettiketto and Industry segments faced margin pressure and mixed results.

  • The company is evaluating a spin-off and separate listing of Salix Group, with a decision expected by 2026.

Financial highlights

  • Quarterly sales reached SEK 2,082 million and EBITDA/EBITA SEK 206 million; operating cash flow increased by 11%.

  • Net debt to EBITDA/adjusted EBITDA improved to 2.8, providing room for further acquisitions.

  • Last 12 months: SEK 8,407 million turnover and SEK 721 million EBITDA/EBITA.

  • Five consecutive quarters of improved annual growth, now at 10%.

Outlook and guidance

  • Accelerated organic growth anticipated as markets recover, supported by structural measures and acquisitions.

  • Expectation of a strong Q4, typically a high cash flow quarter.

  • The company targets at least 15% annual EBITA growth and a return on adjusted equity of 20% over the business cycle.

  • Need to exceed 15% annual growth rate for several years to close the growth gap by 2027.

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

Next Volati earnings date

Logotype for Volati
Q4 202512 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Volati earnings date

Logotype for Volati
Q4 202512 Feb, 2026

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

The perpetual owner

Karl Perlhagen and Patrik Wahlén founded Volati in 2003 with the business idea of acquiring companies with:

  • proven business models

  • leading market positions

  • strong cash flows at reasonable valuations

Wanting to develop these with an emphasis on long-term value creation.

A private equity firm with over 50 companies

The first acquisition was Sweden's, now Europe's, largest grain dryer manufacturer, Tornum, in 2004. This big step helped Volati reach annual net sales of 100 million SEK. Since that day, thanks to a consistent long-term value-creating acquisition strategy, Volati has developed into a diversified group of more than 50 companies and reached annual net sales north of 6 billion SEK.

Remarkable growth during its 15 years

In fact, Volati's earnings per share in 2021 reached the same level as their net sales per share in 2006, which is pretty remarkable. The earnings per share have grown roughly 17 times over those 15 years, which is a true testament to what compounding capital at attractive rates of return can do. Another unique thing about Volati is that Karl and Patrik still hold more than 70 percent of the outstanding shares.

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