Evolution AB (publ) (EVVTY) Q2 2026 Earnings Call Transcript
Evolution AB (publ) (EVVTY) Q2 2026 Earnings Call July 17, 2026 3:00 AM EDT
Company Participants
Martin Carlesund – Group Chief Executive Officer
Joakim Andersson – Chief Financial Officer
Conference Call Participants
Edward Young – Morgan Stanley, Research Division
Martin Arnell – DNB Carnegie, Research Division
Charlie Muir-Sands – BNP Paribas, Research Division
Benjamin Shelley – UBS Investment Bank, Research Division
Nikola Kalanoski – ABG Sundal Collier Holding ASA, Research Division
Monique Pollard – Citigroup Inc., Research Division
Pravin Gondhale – Barclays Bank PLC, Research Division
Karan Puri – JPMorgan Chase & Co, Research Division
Rasmus Engberg – Kepler Cheuvreux, Research Division
Jack Cummings – Joh. Berenberg, Gossler & Co. KG, Research Division
Adrien de Saint Hilaire – BofA Securities, Research Division
Presentation
Operator
Welcome to Evolution Q2 Report 2026 presentation. [Operator Instructions] Now I will hand the conference over to the speakers, CEO, Martin Carlesund; and CFO, Joakim Andersson. Please go ahead.
Martin Carlesund
Group Chief Executive Officer
Thank you. Good morning, everyone. Welcome to the presentation of Evolution’s interim report for the second quarter of 2026. My name is Martin Carlesund, and I’m the CEO of Evolution. With me, I have our CFO, Joakim Andersson. As always, I will start with some comments on our performance and then hand over to Joakim for a closer look at our financials. After that, I will conclude, and then we will open up for questions.
Next slide, please. So let’s start with the highlights. Net revenues were EUR 517.8 million, corresponding to a year-on-year decline of 1.2%, but a quarter-on-quarter increase of 0.9%. EBITDA came in at EUR 341 million, corresponding to a margin of 65.9%. I’m overall happy with the results in the quarter. Revenue and EBITDA both move in the right direction. The margin is in line with our guidance and cash flow is strong. The volatility in Asia continues to disturb the overall picture, but we will continue to