Slide 1: Q2 2026 Interim report
Q22026 Interim report July 17, 2026
Slide 2: Presenters
Presenters CEO Stig Engström CFO Marcus Asplund Tel +46 70 326 75 09 Tel +46 72 601 37 17 E-mail: stig.engstrom@engcon.se E-mail: marcus.asplund@engcon.com Q2 2026 2
Slide 3: Q2 business highlights
Q2 business highlights • Appointed CEO on 1 May to return engcon to its financial targets. • Implementing roadmap focused on: • Customer value and market prioritization • Securing internal capacity • Profitable growth • Strong quarter with continued focus on profitability. • Record Q2 revenue driven
Slide 4: Road to 20/20 targets
ROAD TO 20/20 TARGETS • The Right Product for the Right Market • Growth Where the Conditions Are Right • Capacity for the Next Step • Cost Control and Capital Tied-up • Local Responsibility and the engcon Spirit • Turning Off the Fossil Tap “Dig where you stand” – a principle that defines both our c
Slide 5: Q2 figures in brief
Q2 figures in brief 13% 10% 38% 17% 40% (19% adj.) (42% adj.) Organic net Organic order Gross sales intake margin EBIT Return on capital margin employed Q2 2026 5
Slide 6: Strong Q2 net sales
STRONG Q2 NET SALES Order intake and net sales development per quarter, MSEK Key comments Order intake Net sales • Order intake increased 8%, organic 10%, negative currency effect of 8 MSEK. 594 539 557539 • Net sales increased 12%, 524 530 506 498 organic 13%, negative currency 487 451 467 433450 4
Slide 7: Nordics
Nordics Q2 2026, Order intake and net sales, MSEK Key comments Per quarter • Order intake increased organic 350 301 10%. 300 253 266 236 247 250 210 200 191 167 173 175 • Net sales increased organic 150 100 27%. 50 0 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 • Growth in machine sales driven Strömsund Vasa Order
Slide 8: Europe
Europe Q2 2026, Order intake and net sales, MSEK Key comments Per quarter • Order intake increased organic 250 206 210 229 214 219 212 1%. 200 185 197 185 163 150 • Net sales increased organic 100 9%. 50 0 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 • Established market presence, Tewkesbury Order intake Net sales
Slide 9: Americas & Asia-Oceania
Americas & Asia-Oceania Q2 2026, Order intake and net sales, MSEK Key comments Americas Per quarter R12 Americas 70 59 56 56 204208 208204 192 202 205 199199 • Order intake +55% organic; net 200 182 sales −8%. 60 51 50 52 45 46 50 41 160 40 40 30 120 • Stable market, with tariffs 80 20 40 increasing
Slide 10: Financial development
Se över grävmaskinsmärken! Financial development Q2 2026 10
Slide 11: Overview of costs and EBIT
Overview of costs and EBIT Key comments • Gross margin of 38.4% (40.7) 2026 2025 2026 2025 and 39.7% for R12, still MSEK Q2 Q2 R12 FY affected by currency Net sales 594 530 2,045 1,889 headwinds. COGS -366 -314 -1,235 -1,090 Gross margin 38.4% 40.7% 39.7% 42.3% • Selling expenses lower than Selling
Slide 12: EBIT Development
EBIT Development EBIT and EBIT margin per quarter Key comments • EBIT amounts to 102 (94) EBIT, MSEK +8% MSEK and is higher than previous year, including items EBIT margin, % affecting comparability with 13 (0) MSEK. Adjusted EBIT 102 amounts to 115 (94) MSEK. 91 94 82 84 84 • EBIT margin decreased
Slide 13: Cash flow
Cash flow Cash flow and net working capital overview, MSEK Operating cash flow per quarter, MSEK 163 2026 2025 2025 144 MSEK Q2 Q2 FY 108 Cash flow before changes in working 119 87 296 capital 62 42 Inventories 491 446 477 32 13 20 20 Accounts receivables 360 323 257 2024 2024 2024 2025 2025 2025 20
Slide 14: ROCE level
ROCE level Return on capital employed overview Average capital employed and ROCE MSEK 2022 2023 2024 2025 R12 Average capital employed, MSEK ROCE, % EBT 415 365 295 290 323 1000 100 911 Interest expense 8 16 18 38 21 900 858 750 817 Capital employed, 773 80 800 beginning 735 765 781 853 836 717 of p
Slide 15: Summary & Outlook
SUMMARY & OUTLOOK • Strong net sales driven by the Nordic region. • Our underlying business is strong, but we can do even better. • Back to basics – renewed focus on the core areas that built engcon’s growth, scale and profitability. (Development, marketing, production). • Strong growth potential in
Slide 16: Q&A
Q&A For more information visit www.engcongroup.com Q2 2026