VOLO-PREFNasdaq StockholmIndustrialsIFRS · SEK

Volati Pref

Volati is a Swedish industrial group focused on owning and developing medium-sized companies through strategic acquisitions and sustainable growth. Established in 2003, Volati operates through three main business areas: Salix Group, Ettiketto Group, and Industry. The company aims to be Sweden's best owner of medium-sized enterprises, consistently delivering strong profitable growth. Volati's business model emphasizes value-creating add-on acquisitions and long-term company development.

Revenue7,866m SEK
+0.0 %y/y
Operating profit (EBIT)538m SEK
+0.0 %y/y
EBIT margin6.8%
+0.0 ppy/y
Net income283m SEK
+0.0 %y/y
Free cash flow631m SEK
−6.2 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

02,0004,0006,0008,000m SEK2021: 6,309 m SEK2021: EBIT 620 m SEK20212022: 7,751 m SEK2022: EBIT 624 m SEK20222023: 7,796 m SEK2023: EBIT 636 m SEK20232024: 7,866 m SEK2024: EBIT 538 m SEK20242025: 7,866 m SEK2025: EBIT 538 m SEK20257,866538
RevenueOperating profit (EBIT)

Business

Share of revenue
Salix Group49 %

Offers products for building and industry, including hardware and consumables.

Ettiketto Group14 %

Provides labeling and packaging solutions, with a strong European market presence.

Industry37 %

Manufactures solutions for grain handling, moisture restoration, and infrastructure.

Customers

Volati's customer base is diverse, ranging from industrial clients to consumers in the home and garden sector. The Salix Group serves industries with hardware and consumables, while also catering to home and garden enthusiasts. Ettiketto Group focuses on businesses requiring labeling and packaging solutions, particularly in Europe. The Industry segment supplies niche markets with specialized products for infrastructure and restoration. Volati's strategic acquisitions have expanded its customer reach across various sectors.

Industrial Clients

Purchase hardware and consumables for building and industry needs.

Home and Garden Consumers

Buy products for home improvement and gardening.

European Packaging Businesses

Require labeling and packaging solutions.

Strategy

Volati's strategic priorities include pursuing value-creating add-on acquisitions and fostering sustainable company development. The company aims to achieve an average annual EBITA growth of at least 15% per ordinary share over a business cycle. Volati focuses on maintaining a strong capital structure with a net debt/adjusted EBITDA ratio of 2 to 3 times. The strategy also emphasizes improving operational efficiency and expanding market presence through strategic acquisitions.

Add-on AcquisitionsMedium term

To expand market presence and drive growth.

Operational EfficiencyShort term

To enhance profitability and competitiveness.

Geography

Volati is headquartered in Sweden and operates primarily within the European market. The company has a strong presence in Sweden, Germany, and the UK, with recent expansions into the Netherlands. Its geographic strategy focuses on leveraging strong market positions in Europe to drive growth. The company's operations are influenced by regional economic conditions and market demands, particularly in the construction and industrial sectors.

Risks

Volati faces risks typical of industrial groups, including market fluctuations and economic downturns. The company is exposed to geopolitical risks, particularly in Europe, due to current global conflicts and trade tariffs. Volati's reliance on acquisitions poses integration risks, which could impact profitability if not managed effectively. Additionally, changes in construction and industrial demand can affect the Industry segment's performance.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Geopolitical Risks1Integration Risks2
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Geopolitical RisksImpact: HighLikelihood: Medium

    Current global conflicts and trade tariffs create uncertainty.

  2. Integration RisksImpact: MediumLikelihood: Medium

    Acquisitions may not achieve expected synergies.

Accounting

Judgemental items
Revenue Recognition

Ensures compliance with IFRS and accurate financial reporting.

Goodwill and Intangible Assets

Significant impact from acquisitions on financial statements.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026