Q2 2026 Alligo AB Earnings Call Transcript
Key Points
- Alligo AB (LTS:0RTK) reported a revenue growth of 5.7% in the second quarter, driven by a mix of organic growth, acquisitions, and favorable currency effects.
- The company achieved a 30% improvement in EBITDA, with the margin increasing to 7.2%, supported by higher volumes and improved gross margins.
- Alligo AB's efficiency program in Finland is progressing well, contributing to improved margins and operational execution.
- The launch of the ReCare service solution for work clothes, including laundry and repair services, is expected to drive long-term growth and profit.
- The company has a strong financial position with available cash and unutilized credit facilities close to SEK2 billion, allowing for continued investment in organic growth and acquisitions.
- The market in the Nordics remains stable but uneven, with specific challenges in the oil and gas segment in Norway leading to weaker demand.
- Customers remain cautious, limiting basket sizes and focusing on essential purchases, which puts pressure on sales.
- The acquisition in Norway had a negative contribution in the quarter due to strong seasonality, impacting overall performance.
- Despite positive developments, the Swedish market has not seen significant growth in basket sizes, indicating cautious consumer behavior.
- The company faces challenges in achieving its 10% margin target, requiring market recovery and increased volumes, particularly in Sweden and Norway.
Hi, and welcome, everyone, to this presentation then of Alligo's second-quarter results for 2026. And last time you met Alligo, in this context, it was, I think, the 51st consecutive report by my predecessor, Clein Ullenvik. And I just want to start by thanking Clein for a long-lasting fantastic effort to form this company Alligo and then also for handing over a well-managed company for the rest of us now to continue to develop.
My name is Samuel Alteborg, new then CEO, obviously, from June 1. And today, I will present the second quarter together with our CFO and Deputy CEO, Irene Wisenborn Bellander. So let's get going.
As always, what we will do, we will give a brief on Alligo as a company and then some highlights for the second quarter and update on a few specific initiatives that we are running before Irene takes us through the financials more in detail, and then we'll sum up with an outlook for the remainder of the year. But to start then, Alligo, as I believe most of us know, a leading player in workwear, personal
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