Investment AB Latour (publ) (LATOB) Earnings Call Transcripts

Investment AB Latour (publ)'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Investment AB Latour reported organic net sales growth of 4% and order intake growth of 5%, despite facing significant currency headwinds of approximately 6%. The adjusted operating result was SEK 886 million, maintaining an operating margin of 30.2%, in line with the previous year. Management highlighted a positive underlying demand across various markets, although geopolitical tensions and currency fluctuations remain concerns. The company also completed two acquisitions during the quarter, signaling continued investment in growth opportunities.

Reported metrics

Guidance from management

Management expects a strong Q2 with reduced currency headwinds and continued organic growth momentum, indicating confidence in the underlying demand across markets.

What management said

Good morning, and welcome to the presentation of Investment AB Latour's Interim Report for the First Quarter 2026. [Operator Instructions] With that, I hand over to CEO, Johan Hjertonsson; and CFO, Mikael Albrektsson.

I can start a bit and then you can add on, Mikael. I think -- I mean, it's -- to your point, it's a good impressive margin. We have taken cost measures to protect our margin when we also saw the continued signs of a weak market. I would also argue that we are most likely taking market share in this tough market. We have continuously invested in products, in R&D and in our brands. We have very strong brands within Hul...

What analysts pressed on

Analysts expressed concerns regarding the impact of currency fluctuations on margins and the mixed performance across different business segments. There were also questions about the sustainability of growth in the current geopolitical climate.

Main topics on the call

• Organic Growth Performance — Latour achieved organic growth in net sales of 4% and order intake growth of 5% despite geopolitical tensions. CEO Johan Hjertonsson stated, "the organic growth indicates an underlying good demand for our products and bu...
• Currency Headwinds Impact — The company faced a significant currency headwind of approximately 6%, impacting margins. Despite this, profitability remained stable, with Hjertonsson noting, "we keep the profitability in line with last year despite th...
• Acquisition Strategy — Latour finalized two acquisitions in the quarter and signed agreements for additional ones, indicating a proactive approach to growth. Hjertonsson mentioned, "the acquisition activity has been quite high during the quart...
• Mixed Performance Across Segments — While some segments like Caljan reported strong growth, others like Hultafors faced challenges. Hjertonsson remarked, "the construction industry remains weak, but growth drivers such as renovation and energy efficiency a...

Read the full Investment AB Latour (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 Investment AB Latour (publ) earnings call transcripts on record, spanning February 14, 2020 to April 29, 2026. Based on this history, Investment AB Latour (publ) reports quarterly. The most recent call on file is dated April 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LATOB

Exchange

OM

Country

SE

Sector

Industrials

Industry

Industrial Conglomerates

Calls on record

24

First call

February 14, 2020

Most recent

April 29, 2026

Reporting cadence

quarterly