Q1 2026 Karnov Group AB (publ) Earnings Call Transcript
Welcome everyone to Karno Group's earnings conference, where we will present the outcome of the first quarter of 2026.
Please go to slide 2.
I am Pontus Bodelsson, President and CEO of the company. With me I have our CFO, Magnus Hansson, and our Head of Investor Relations, Erik Waregen.
Magnus and I will present the outcome of the quarter using a few slides, and then we'll open up for questions.
With that said, let's get started with the presentation. Please go to slide 3.
Digging into the numbers, the adjusted data margin was 29%, compared to 26% in Q1 last year.
We convert that margin improvement to a strong free cash flow.
The organic growth was 3%, driven by organic online sales growth in all markets.
The legal businesses in Region North had 11% organic online sales growth, a small improvement compared to the previous quarter.
The corresponding number in Region South was 3%, hopefully the start of a continued online sales growth.
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