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Vitec Software Group AB (publ) (VITBF) Q1 2026 Earnings Call Transcript
2026-04-24 · via All Articles on Seeking Alpha

Vitec Software Group AB (publ) (VITBF) Q1 2026 Earnings Call April 23, 2026 4:00 AM EDT

Company Participants

Patrik Fransson - Head of Investor Relations
Olle Backman - CEO, President & Director

Conference Call Participants

Predrag Savinovic - DNB Carnegie, Research Division
Daniel Thorsson - ABG Sundal Collier Holding ASA, Research Division
Thomas Nilsson - Nordea Markets, Research Division
Fredrik Nilsson - Redeye AB, Research Division
Erik Larsson - SEB, Research Division

Presentation

Operator

Welcome to Vitec Software Group Q1 2026 Report Presentation. [Operator Instructions]

Now I will hand the conference over to CEO, Olle Backman, and IR, Patrik Fransson. Please go ahead.

Patrik Fransson
Head of Investor Relations

Thank you. And sorry for that 15 minutes of a hiccup. There were some technical issues. But anyhow, welcome to this conference call. I'm Patrik Fransson, Head of Investor Relations at Vitec Software Group. And with me in the room is our CEO, Olle Backman.

As always, we will first give you a short overview of Vitec and then followed by comments on the report released earlier this morning. And after that, we will open up for any questions. So Olle?

Olle Backman
CEO, President & Director

Okay. Thank you, Patrik. And again, sorry, obviously, not the Vitec software that was used for this. But like Patrik said, always starting with a short intro on the group level and then moving over to the Q1 results. So this picture by now many of you, starting with the customer perspective, 27,000 customers by now. We have 49 business units. We started the year with 47. So we added 2 acquisitions during the first quarter. We have our feet on the ground in 13 countries and the pro forma sales, is after the 2 latest acquisitions, up to SEK 3.9 billion roughly.

And you can see