Viva Wine Group AB (VIVA) Earnings Call Transcripts

Viva Wine Group AB's Latest Earnings Call - Q1 FY2026

In Q1 2026, Viva Wine Group AB reported a substantial net sales increase of 51% year-over-year, driven primarily by acquisitions, particularly Delta Wines and Alpha Brands. Adjusted EBITDA also improved, reaching a margin of 5.5%. Management maintained its guidance for operational expenditures at 11-12% of net sales, indicating a stable outlook despite challenging market conditions. The company remains optimistic about future growth, particularly in the B2B segment, while acknowledging potential headwinds from geopolitical factors affecting margins.

Reported metrics

Guidance from management

Management maintained operational expenditure guidance at 11-12% of net sales for 2026, indicating stability in cost management despite market challenges.

What management said

Thank you, Linn. So now over to the performance by segments. First out is the B2B segment. In the Nordic monopolies, we remain the clear market leader. We are the #1 in Sweden and Finland and #5 in Norway. With the acquisition of Alpha Brands, Viva Wine Group is now also a significant player in the Nordic grocery retail business. Our B2B business in Europe has performed in line with expectations and above the market ...

Looking at total net sales in our B2B segment, it increased significantly by 63% in the quarter, and the increase versus last year is driven by the acquisition of Delta Wines and Alpha Brands. The organic growth of 2% is supported by all markets. Easter provided a slight positive calendar effect in the quarter. However, due to weak consumer sentiment and cold weather, Easter sales were overall soft. The adjusted EBIT...

What analysts pressed on

Analysts expressed concerns regarding the company's performance in Sweden, noting a slight underperformance relative to market trends. There were also questions about the potential impact of geopolitical factors on margins and the stability of gross margins moving forward.

Main topics on the call

• Strong Revenue Growth — Viva Wine Group achieved a remarkable 51% increase in net sales, largely attributed to acquisitions. CEO Emil Sallnäs noted, "We delivered both organic growth and improved profit," highlighting the company's robust perfo...
• B2B Segment Performance — The B2B segment saw a significant 63% increase in net sales, supported by the Delta Wines acquisition. CFO Linn Gäfvert stated, "Delta Wine's performance is going according to plan and is estimated to perform better than...
• Organic Growth in B2C — The B2C segment reported organic growth of 2.2%, despite a decrease in total net sales due to negative currency effects. Management emphasized their ability to capitalize on a strong customer base, stating, "We continue ...
• Adjusted EBITDA Margin — The adjusted EBITDA margin reached 5.5%, reflecting improvements from both the underlying business and acquisitions. This was a positive outcome given the challenging market conditions, as noted by Linn Gäfvert.

Read the full Viva Wine Group AB transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 13 Viva Wine Group AB earnings call transcripts on record, spanning February 23, 2023 to May 7, 2026. Based on this history, Viva Wine Group AB reports quarterly. The most recent call on file is dated May 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

VIVA

Exchange

OM

Country

SE

Sector

Consumer Staples

Industry

Beverages

Calls on record

13

First call

February 23, 2023

Most recent

May 7, 2026

Reporting cadence

quarterly