Slide 1: Interim Report Q1 2026: Record order intake and strengthened profitability
Interim Report Q1 2026 April 28, 2026 Record order intake and strengthened profitability Investing in a secure and connected world
Slide 2: Jenny Sjödahl, President & CEO; Joakim Laurén, CFO
Jenny Sjödahl Joakim Laurén President & CEO CFO
Slide 3: Agenda
Agenda ❑ Business update Jenny Sjödahl ❑ Financials Joakim Laurén ❑ Concluding notes and Outlook Jenny Sjödahl ❑ Q&A
Slide 4: Record order intake and strengthened profitability
Record order intake and strengthened profitability ✓ Order intake increased by 41% to the record level 778 MSEK, driven by strong bookings in both business entities and across all focus segments and geographies. Organically +32%. ✓ Sales increased by 10%. Organically 0%. ✓ Book-to-bill at 1.30 for Q
Slide 5: Westermo business entity
Westermo business entity MSEK Q1 2026 Q1 2025 % FY 2025 Orders 497.5 316.7 157 1,413.6 ✓ Record high order intake at +57% without any major Sales 387.4 320.8 121 1,378.0 project orders and driven by all key segments. EBITA 64.3 53.4 120 221.1 EBITA% 16.6% 16.7% 16.0% Particularly strong development
Slide 6: Beijer Electronics business entity
Beijer Electronics business entity MSEK Q1 2026 Q1 2025 % FY 2025 Orders 282.2 235.4 120 844.1 ✓ Good order intake at +20% driven by the Marine Sales 211.4 225.7 94 858.0 segment and high demand from customers within EBITA 24.1 15.8 153 80.8 EBITA% 11.4% 7.0% 9.4% EV Charging and Data Centers. Order
Slide 7: Agenda
Agenda ❑ Business update Jenny Sjödahl ❑ Financials Joakim Laurén ❑ Concluding notes and Outlook Jenny Sjödahl ❑ Q&A
Slide 8: Orders and sales development
Orders and sales development Orders +41% Orders, Q1 2026 to Q1 2025 Sales +10% Total + 41% of organic + 32% 900 of acquisition + 19% 800 of FX - 10% 700 600 QTD, MSEK (bars) Sales, Q1 2026 to Q1 2025 500 400 Total + 10% 300 of organic 0% 200 of acquisition + 16% 100 of FX - 7% 0 Q1 2025 Q2 2025 Q3 2
Slide 9: EBITA development
EBITA development +2.8 pp 100 15% 12.2% 12.5% 80 11.6% 11.5% 12% EBITA, MSEK (bars) EBITA% (line) 60 9.7% 9% 40 6% 20 3% 0 0% Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 EBITA QTD EBITA% QTD
Slide 10: Income statement summary
Income statement summary MSEK Q1 2026 Q1 2025 Change % FY 2025 Net Sales 597.3 545.1 10% 2,231.8 EBITA 74.8 52.7 42% 251.1 EBITA margin 12.5% 9.7% 11.2% EBIT 66.8 49.2 36% 232.1 EBIT margin 11.2% 9.0% 10.4% Financial income and expenses -12.5 -4.6 172% -38.2 Profit before tax 54.3 44.6 22% 193.8 Tax
Slide 11: Free cash flow & net debt/EBITDA
Free cash flow & net debt/EBITDA Free Cash Flow Net debt/EBITDA* 100 3.0 80 80 2.5 68 60 62 60 56 2.0 QTD, MSEK 1.4 1.4 40 1.5 1.3 1.3 1.4 1.3 x 30 1.2 1.2 1.2 20 1.0 0 0.5 -8 -12 -9 - 20 0.0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2
Slide 12: Agenda
Agenda ❑ Business update Jenny Sjödahl ❑ Financials Joakim Laurén ❑ Concluding notes and Outlook Jenny Sjödahl ❑ Q&A
Slide 13: Concluding notes
Concluding notes ✓ The geopolitical uncertainty will persist with potential impact on our business in the short term. ✓ We note an increasing activity level among our customers, and it is encouraging to see the improved profitability during the first quarter. ✓ Across our organizations, there is a s
Slide 14: Financial targets
Financial targets Growth Profitability The group shall have an The group shall reach an annual organic growth of EBITA margin of at least at least 10 % 15 % The group shall be a dividend-paying company.
Slide 15: Outlook
Outlook Ependion operates in attractive markets with strong underlying growth and has good medium-term conditions to achieve both its growth and profitability targets. In the short term, geopolitical and economic uncertainty persists, but we are cautiously optimistic regarding 2026.
Slide 16: OxA
OxA An S\ ependion
Slide 17: Ependion
B) ependion