RVRC Holding AB Earnings Call Transcripts
Fiscal Year 2026
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Q3 2025 saw 5% sales growth in local currencies, strong profitability (21.4% EBIT margin), and robust performance in Sweden and Austria/Switzerland, while Germany grew 5% amid weaker sentiment. Inventory and cash positions remain strong, with continued share buybacks and positive outlook for margins.
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Record Q2 sales and profitability driven by strong growth in DACH and resilient performance across all regions, despite currency headwinds and market uncertainty. Inventory and cost control remain strong, with continued investment in product innovation and retail expansion.
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Q1 net sales grew 15% in local currencies, with EBIT margin rising to 19% and strong growth across all regions except the U.S., which was impacted by tariffs. The company maintains a robust financial position, continues share buybacks, and proposes a 13% higher dividend.
Fiscal Year 2025
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Full-year net sales grew 6% in local currencies to SEK 1.9 billion, with strong profitability and a 19.9% adjusted EBIT margin. Q4 saw 4% sales growth, robust Nordic and DACH performance, and continued capital returns via dividends and share repurchases.
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Q3 net sales grew 2% year-over-year to SEK 486 million, with an adjusted EBIT margin of 20.8% and strong market share gains in key regions despite challenging conditions. The company opened its first physical outlet store and continues to invest in product expansion and share repurchases.
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Record Q2 sales and EBIT were achieved with 12% revenue growth and strong margins, outperforming declining markets in Sweden and Germany. The Alpine collection tripled sales, and the company maintained a robust financial position while expanding internationally.
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Net sales grew 5% in local currencies, outperforming a market that declined over 10%, with strong growth outside the Nordics and continued market share gains. Gross margin fell to 70% due to price reductions and currency, while EBIT margin was 16.3%.
Fiscal Year 2024
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Double-digit sales and profit growth were achieved despite a challenging market, with strong cash flow, increased dividends, and successful new product launches. International expansion and digital D2C model drove results, while maintaining industry-leading margins.