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Vend Marketplaces (VEND) investor relations material
Vend Marketplaces AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting opened by the Chairman, held digitally, with voting instructions and agenda provided online.
Attendance included CEO, CFO, auditor, and Nomination Committee Chair; share representation recorded at 75.66% of voting capital.
Voting on agenda items conducted digitally, with results to be published in the minutes.
Financial performance review
2025 marked a transformation, focusing on Nordic marketplaces, exiting non-core assets, and removing dual class shares.
Returned NOK 7.9 billion to shareholders via buybacks and dividends.
Full year EBITDA reached NOK 2.1 billion, up 30% from 2024; Q1 2026 showed 9% revenue growth in verticals and 36% group EBITDA margin.
Mobility segment not expected to meet 12%-17% revenue growth target for 2026; cost base to decline by NOK 100 million.
New NOK 4 billion buyback program announced.
Board and executive committee updates
Board restructured with new members Kim Wahl (Vice Chair) and Melina Cruickshank; two members not standing for re-election.
Board composition now includes diverse international experience.
All board members elected for one year; Karl-Christian Agerup re-elected as Chair.
- EBITDA up 36% on 2% revenue growth, but net income hit by NOK 5.8bn Aurelia loss.VEND
Q1 202630 Apr 2026 - EBITDA up 53% YoY on stable revenues, cost cuts, and major platform and portfolio shifts.VEND
Q4 20255 Feb 2026 - Q2 2024 saw solid growth, major divestments, and a NOK 18bn special dividend payout.VEND
Q2 20243 Feb 2026 - Q3 2024 saw strong growth, capital returns, and a strategic focus on core marketplaces.VEND
Q3 202418 Jan 2026 - Targets double-digit growth and margin expansion in four verticals through simplification and innovation.VEND
CMD 202413 Jan 2026 - Share class unification, capital reduction, and new board authorizations were all approved.VEND
EGM 202519 Dec 2025 - All proposals passed, including dividend, buybacks, and rebranding as Vend Marketplaces ASA.VEND
AGM 202519 Dec 2025 - Q4 2024 revenue up 12% and EBITDA up 3% as transformation and rebranding to Vend completed.VEND
Q4 202411 Dec 2025 - Q1 2025 delivered 18% EBITDA growth, NOK 2bn buyback, and strategic portfolio streamlining.VEND
Q1 202518 Nov 2025
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