Swedencare AB (OTCPK:SWDCF)
$ 3.13 +0.35 (+12.59%) Market Cap: 405.20 Mil Enterprise Value: 575.93 Mil PE Ratio: 83.87 PB Ratio: 0.60 GF Score: 86/100

Q1 2026 Swedencare AB (publ) Earnings Call Transcript

Apr 23, 2026 / 08:30 AM GMT
Release Date Price: $2.5

Key Points

Positve
  • Swedencare AB (SWDCF) reported double-digit growth and improved gross margins compared to Q4 2025.
  • The company experienced strong momentum in Europe and production segments, with 20% organic growth.
  • NatureVet brand is gaining traction with a 14% growth, particularly through online sales on Amazon.
  • Swedencare AB (SWDCF) achieved a high gross margin of 59.7%, partly due to a favorable product mix and strong growth in Europe.
  • The company successfully passed the SQF certification, enabling a major private label contract.
Negative
  • North America segment saw a 10% decline in growth due to currency impacts.
  • The company faced a 14% negative currency impact, primarily from the US dollar, euro, and pound.
  • External costs increased due to the in-house handling of NatureVet on Amazon and participation in trade shows.
  • Cash conversion was lower at 51% due to higher inventory values and larger tax payments.
  • The liquid derma manufacturing segment in the US experienced a weak quarter, affecting overall performance.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SECARE.ST - Swedencare AB (publ)
Q1 2026 Swedencare AB (publ) Earnings Call
Apr 23, 2026 / 08:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Welcome to the presentation of Sweden Care's Q1 Report, led by our CEO, Hokan Lagewij and CFO, Yeni Grafind. And we are pleased to have our CEO of Europe, La Slovakia, joining us for the presentation during today's webinar. And as usual, we will have a Q&A after the presentations, so please raise your hand if you have any questions. Over to you, Yeni and Hokan.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you so much, Emma.

Warm welcome for our Q1 2026 presentation.

We had a solid quarter starting the year good, double-digit growth, improved gross
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot