Volati

In a still challenging market, we have been able to balance short-term profitability and long-term value growth to deliver an EBITA in line with the previous year. Completed acquisitions and implemented cost-saving programmes have had a positive impact on the quarter. Structurally, Volati is in very good shape and as market conditions improve, we will be well positioned to gradually reverse the market-driven decline in earnings in recent years.

Andreas Stenbäck, President and CEO

For the full CEO-comment, see the report in its entirety.

Quarter April-June 2024

• Net sales declined by 2 percent to SEK 2,195 (2,251) million.
• EBITA declined by 2 percent to SEK 244 (249) million.
• Profit after tax declined by 14 percent to SEK 132 (153) million.
• Earnings per ordinary share fell by 15 percent to SEK 1.43 (1.67).
• Volati strengthens its management group with expertise in strategic HR. Åsa Holmgren takes up the position of Head of Strategic HR in August 2024.

Period January-June 2024

• Net sales declined by 5 percent to SEK 3,942 (4,140) million.
• EBITA declined by 18 percent to SEK 334 (408) million.
• Profit after tax declined by 33 percent to SEK 151 (227) million.
• Earnings per ordinary share fell by 39 percent to SEK 1.45 (2.37).

Events after the reporting period

• No significant events have taken place after the end of the reporting period.

Conference call
CEO Andreas Stenbäck and CFO Martin Aronsson will present the interim report in a conference call on 15 June at 9.00 a.m. The presentation will be conducted in English.

For a webcast of the conference call (opportunity for written questions), go to: https://www.finwire.tv/webcast/volati/q2-2024/

The conference call (opportunity for oral questions) can be accessed at:
Phone number +46 8 5016 3827, Meeting ID 886 4635 1495, followed by #, *9 to ask a question.

The presentation and webcast will be available on www.volati.se after the conference call.