Volati AB
STO:VOLO
Volati AB
Volati AB engages in the acquisition and development of early stage companies. The company is headquartered in Stockholm, Stockholm and currently employs 1,723 full-time employees. The company went IPO on 2015-06-08. The company comprises subsidiaries Besikta Bilprovning, operating vehicle inspection stations in Sweden; Corroventa, which develops systems for the restoration of water damage, building drying, dehumidifying crawl spaces and conducts radon decontamination; Ettikettoprintcom, a printing company offering self-adhesive labels and tickets, and manufacturing labeling and packaging machines; Kellfri, which constructs, assembles, buys and sells machinery, trailers, tractors and accessories for agriculture and forestry; me&i, offering clothing for kids and parents; NaturaMed Pharma, a supplier of nutritional supplements and health products; Tornum, which delivers in complete grain handling systems for agriculture and the grain processing industry; Lomond Industrier, a supplier to hardware and building product retailers in the Nordic region; and Akademibokhandeln Holding AB (publ). The firm carries out its operations in several European countries.
Volati AB engages in the acquisition and development of early stage companies. The company is headquartered in Stockholm, Stockholm and currently employs 1,723 full-time employees. The company went IPO on 2015-06-08. The company comprises subsidiaries Besikta Bilprovning, operating vehicle inspection stations in Sweden; Corroventa, which develops systems for the restoration of water damage, building drying, dehumidifying crawl spaces and conducts radon decontamination; Ettikettoprintcom, a printing company offering self-adhesive labels and tickets, and manufacturing labeling and packaging machines; Kellfri, which constructs, assembles, buys and sells machinery, trailers, tractors and accessories for agriculture and forestry; me&i, offering clothing for kids and parents; NaturaMed Pharma, a supplier of nutritional supplements and health products; Tornum, which delivers in complete grain handling systems for agriculture and the grain processing industry; Lomond Industrier, a supplier to hardware and building product retailers in the Nordic region; and Akademibokhandeln Holding AB (publ). The firm carries out its operations in several European countries.
Sales Growth: Volati reported overall sales growth of 9% for the quarter, with a return to organic growth driven by a strong performance from Salix Group.
EBITDA Improvement: EBITDA increased by 11%, largely due to Salix Group, which delivered a 50% year-over-year EBITDA growth.
Salix Performance: Salix Group posted 19% sales growth and 8% organic growth, with a 12% EBITDA margin and a more normalized cost environment.
Acquisition Pipeline: Management highlighted an active and qualified M&A pipeline, supporting future growth ambitions.
Spin-Off Plan: Volati announced it will evaluate a potential spin-off and separate listing of Salix Group, targeting a decision and possible listing in 2026.
Growth Gap: Volati acknowledged it must accelerate both organic and acquisition-driven growth to close the gap to its long-term financial target of 15% annual EBITDA growth.
Market Conditions: Some platforms, like Ettiketto and Industry, faced mixed demand or margin pressures, but management expects improvement when markets recover.
