Slide 1: Interim Report Second Quarter April – June 2025
Interim Report Second Quarter April – June 2025 Anders Mattson Bengt Lejdström Creating sustainable, efficient and safe societies President & CEO CFO
Slide 2: Sdiptech in short
Sdiptech in short Sdiptech’s infrastructure segments Creating sustainable, efficient and safe societies Supply Chain & Energy & Water & Safety & An infrastructure technology group Transportation Electrification Bioeconomy Security Key drivers ▪ Thrive for more sustainable, efficient and safe societi
Slide 3: Summary of the second quarter
Summary of the second quarter Highlights Challenging quarter ▪ Net sales decreased with 4% to SEK 1,288m (1,337) ▪ Stable demand in our core portfolio ▪ (-4% organic, -4% currency, +4% acquisitions) ▪ Some customers postponed order/sales to Q3 due to overall market uncertainties ▪ Adj. EBITA decreas
Slide 4: Strategic actions to restore organic growth and improve ROCE
Strategic actions to restore organic growth and improve ROCE 1. Business area organisation ▪ Increased experience and sector knowledge ▪ New Head of Supply Chain & Transportation ▪ UK based Head of Energy and Electrification to be recruited 2. Portfolio divestment ▪ Strategic shift 2018/2019 - produ
Slide 5: Net sales
Net sales MSEK Quarter 5,500 3% -3% 28% Net sales declined by 4%, both in total and 5,050 5,132 5,166 5,213 5,164 18% 26% organically to SEK 1,288m 5,000 4,581 24% ▪ A majority of our units had stable demand 4,500 0% 22% ▪ Sales affected by a combination of: 4,000 20% ▪ Softer market and geopolitica
Slide 6: Sales split
Sales split Geographical distribution of Turnover by type of sales revenue 6.9% 15.8% 24.6% 16.5% 4.5% 5.3% 11.8% 63.7% 5.1% 46.0% Sweden UK Norway Italy US Other, Europe Other, rest of the world Proprietary products Installation Service 6 Sources: Sdiptech Financial reports, LTM Q2 2025
Slide 7: Adj. EBITA & Adj. EBITA margin
Adj. EBITA & Adj. EBITA margin Quarter MSEK Adj. EBITA decreased by 10% in total, 1200 30% 9% organic to SEK 242m (268) -2% -7% ▪ Acquisitions contributed 1050 13% 1007 1006 1010 1009 ▪ Positive contribution mainly from S&S 984 920 ▪ Negative contribution mainly from SC&T 900 -10% 20.1% and W&B 19.9
Slide 8: Cash flow & Cash conversion
Cash flow & Cash conversion MSEK 900 130% 823 120% 115.0% 750 109.0% 778 110% Quarter 100% ▪ Cash flow from operations amounted to 628 565 90% MSEK 121, corresponding to 45% cash 600 83.0% 80.0% conversion 80% 71.0% 73.0% ▪ Cash flow was impacted by inventory 68.0% 70% build-up in seasonal and proje
Slide 9: Additional metrics
Additional metrics Apr-June Apr-June LTM June Jan-Dec 2025 20241 2025 2024 Profit after tax, (SEK million) 92 127 364 436 2.31 3.20 9.15 11.00 Earnings per ordinary share after dilution (SEK) Financial net debt/Adjusted EBITDA, multiple 2.47 2.03 2.47 2.25 Net debt/Adjusted EBITDA, multiple 3.39 3.1
Slide 10: Additional metrics
Additional metrics Apr-June Apr-June LTM June Jan-Dec 2025 20241 2025 2024 Profit after tax, (SEK million) 92 127 364 436 2.31 3.20 9.15 11.00 Earnings per ordinary share after dilution (SEK) Financial net debt/Adjusted EBITDA, multiple 2.47 2.03 2.47 2.25 Net debt/Adjusted EBITDA, multiple 3.39 3.1
Slide 11: Return on capital employed
Return on capital employed MSEK 8,456 30 8,257 8,500 7,414 7,500 Quarter 25 6,500 ▪ ROCE decreased compared to 5,996 Q2-25, primarily due to of increased 20 capital employed 5,500 15 4,144 13.0% 4,500 Business units 12.1% 12.2% 12.6% 11.9% 3,500 10.0% ▪ Average ROCE of 57% for the underlying 10 2,72
Slide 12: Business areas in Q2
Business areas in Q2 Net Sales MSEK Q2 24 Adj EBITA MSEK Q2 24 Adj EBITA margin Q2 24 % Net Sales MSEK Q2 25 Adj EBITA MSEK Q2 25 Adj EBITA margin Q2 25 % 30% 610 123 28% 26% 549 25% 107 22% 21% 20% 20% 19% 19% 339 354 71 68 15% 63 282 55 251 10% 34 134 29 106 5% 0% SC&T E&E W&B S&S SC&T E&E W&B S&S
Slide 13: Refined portfolio to unlock full Sdiptech value
Refined portfolio to unlock full Sdiptech value Other operations – from Q3 2025 Proforma ▪ Primarily objectives Net sales Net sales Adj EBITA Adj EBITA Adj EBITA% Adj EBITA% SEK million Jan-Jun Jan-Jun Jan-Jun Jan-Jun Jan-Jun Jan-Jun − To allocate capital more efficiently 2025 2024 2025 2024 2025 20
Slide 14: Acquisitions
Acquisitions 170 158 161 160 150m ▪ 40MSEK acquired EBITA during H1 2025 150 (Q1) 140 130 120m ▪ Acquisition pipeline solid, expect to 120 109 welcome high-quality companies H2 110 EBITA MSEK 100 93 94 90 90 ▪ Prioritised geographies: 83 80 ▪ UK 70 67 ▪ Italy 60 ▪ Nordics 50 50 ▪ NL 40 40 ▪ Germany
Slide 15: Key takeaways
Key takeaways Soild underlying demand ▪ A majority of our units had a stable demand, but some customers postponed orders into Q3 ▪ 95% of the profit comes from our core portfolio with strong underlying drivers (Sales H1 +0,4% vs LY) ▪ Cautiously optimistic signs of recovery expected in the second ha
Slide 16: Thank you! Q&A
Thank you! Q&A Creating sustainable, efficient and safe societies
Slide 17: Appendix
Appendix > svPTECH
Slide 18: Current Management Team and Board of Directors
Current Management Team and Board of Directors Management Anders Mattson 23,003 (Class B) 25,000 (Warrants) My Lundberg 8,866 (Class B) 13,000 (Warrants) CEO Head of Munters, Roland Berger, Bearingpoint Agency, Smartclip, Kärnhuset since 2025 (Head of Supply Sustainability & IR M.Sc. Chalmers Univer
Slide 19: Ownership June 2025
Ownership 30 June 2025 Owner SDIP A SDIP B PREF CAPITAL % VOTES % Handelsbanken Fonder 3 512 841 8.84% 6.68% Blacksheep Fund Management 2 747 758 6.91% 5.23% Swedbank Robur Fonder 2 639 860 6.64% 5.02% Vulcan Value Partners, LLC 2 622 514 6.60% 4.99% Cliens Fonder 2 103 880 5.29% 4.00% Ashkan Pouya
Slide 20: Adjusted EBITA → Net profit
Adjusted EBITA → Net profit MSEK (Continued operations) 2025 2024 2025 2024 YTD Jun YTD Jun LTM Full Year Net Sales 2,618 2,620 5,164 5,166 Operational costs -2,125 -2,099 -4,180 -4,156 Profit from operations, adjusted EBITA 493 521 984 1,010 Acquisition costs -9 -8 -18 -17 Direct costs related to a