Evolution AB (publ) (EVVTY) Q1 2026 Earnings Call April 22, 2026 3:00 AM EDT
Company Participants
Martin Carlesund – Group Chief Executive Officer
Joakim Andersson – Chief Financial Officer
Conference Call Participants
Pravin Gondhale – Barclays Bank PLC, Research Division
Georg Attling – Pareto Securities AS, Research Division
Nikola Kalanoski – ABG Sundal Collier Holding ASA, Research Division
Benjamin Shelley – UBS Investment Bank, Research Division
Martin Arnell – DNB Carnegie, Research Division
Edward Young – Morgan Stanley, Research Division
Karan Puri – JPMorgan Chase & Co, Research Division
Andrew Tam – Rothschild & Co Redburn, Research Division
Rasmus Engberg – Kepler Cheuvreux, Research Division
James Bass – Citigroup Inc., Research Division
Presentation
Operator
Welcome to Evolution Q1 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
Good morning, everyone. Welcome to the presentation of interim report for the first 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 an outlook, and then we will open up for your questions. Next slide, please.
So let’s start with the financial and operational highlights in the quarter. Net revenues were EUR 513 million, corresponding to a year-on-year decline of 1.5%. EBITDA came in at EUR 335.3 million, corresponding to a margin of 65.4%. The regional development was somewhat mixed in the quarter. Europe is not performing well at the moment, whereas LatAm is having a great momentum. North America continues its steady growth at a slightly higher pace than in Q4. In Asia, we made some further progress on combating cybercrime.
