Slide 1: Second Quarter and First Half of 2025
Second Quarter and First Half of 2025 CEO Jan Jahren EVP & CFO Sverre Hærem 26.08.25
Slide 2: We deliver large-scale, complex buildings for top-tier customers
We deliver large - scale , complex buildings for top - tier customers Note: Select customers Äng elholm Town Hall Drammen Ho spital Åby Are nastad, Mölnda l Dander yd Hospita l, Stockho lm Ålesund Hospita l 2 Foajén, Malmö Ersta New Hospital, Stockh olm Fyr i Resort, Hemse dal Kaj 16, Gothenb urg Mo
Slide 3: Q2 2025 Highlights
Q2 2025 Highlights • Successful IPO June 13, 2025 • Revenue of MNOK 2 929 (2 701) – up by 8,4% from Q2 2024 • EBT MNOK 202 (169) • Order intake of MNOK 6 018 (2 685) • Order backlog of MNOK 21 341 (17 292) • Net financial position of MNOK 3 037 (2 586) 3 Sentia Q2 2025
Slide 4: HMS
HMS Number of injuries LTI - rate* Sick leave rate Per quarter, Sentia employees, hired staff and 12-month rolling– Sentia employees, hired staff Per quarter, Sentia employees sub-contractors and subcontractors 4 Sentia Q2 2025 * LTI-rate = Number of lost-time injuries and severe personnel i njur ie
Slide 5: Successful IPO
Successful IPO Listed on Oslo Stock Exchange June 13, 2025 with ticker SNTIA IPO 15 times oversubscribed Listing price 50 NOK per share 6 000 new shareholders 5 Sentia Q2 2025
Slide 6: Share price development and Shareholder composition
Share price development and NOK per share Shareholder composition Share price development • IPO share price 50,00 NOK per share • Share price 30 June 2025 63,75 NOK per share (+27,5% ) • Market value at the end of Q2 NOK 6,4 billion Major shareholders 2.kvartal 2025 Number of shares Share Shareholde
Slide 7: Bodø Airport - Building for the future
Bodø Airport - Building for Key points the future ➢ Location: Bodø ➢ Contract value: MNOK 1 900 ➢ Scope: 27 000 m2 ➢ Completion: 2028 ➢ Developer: Avinor ➢ Initiation of terminal building: August 2025 ➢ Official opening: 2029/2030 ➢ Passenger capacity: 2,3 million per year ➢ Certification: BREEAM Ve
Slide 8: Bodø Airport
Bodø Airport May 2024 – HENT and Avinor Building the airport of the future - together entered a partnering agreement Partnering projects Development and Phase Development Engineering Construction optimization of Bodø 1 Airport for one year Joint development with Avinor – the key to success • HENT ha
Slide 9: Other new projects in the quarter - HENT
Other new projects in the quarter - HENT Norwegian Maritime Competence The Whale Aker Hospital Structural work Center (NMK) rehabilitation 2213 (Base east) Location: Andøya Location: Ålesund Location: Oslo Developer: The Whale AS Developer: NMK Eiendom AS Developer: Sykehusbygg HF Contract value: MN
Slide 10: New projects in the quarter – Sentia Sweden
New projects in the quarter– Sentia Sweden Kaj 16, part 2 Multi activity center Kungälvs arena infrastructure Location: Gøteborg Location: Gällivare Location: Kungälv (Gøteborg) Developer: Vasakronan Developer: Gällivare kommun Developer: Kungälvs kommun Contract value: MSEK 647 Contract value: MSEK
Slide 11: Continuing strong order intake and all-time high order backlog
Continuing strong order intake and all-time high order backlog Order backlog Order intake NOK billion NOK billion 11 Sentia Q2 2025
Slide 12: Q2 and H1 Results and Financial status
Q2 and H1 Results and Financial status 12 Sentia Q2 2025
Slide 13: Q2 and 1H 2025 – Sentia
Q2 and 1H 2025 – Sentia Revenues EBT and EBT margin MNOK MNOK Quarter YTD MNOK Q2 25 Q2 24 1H 25 1H 24 Revenues 2 929 2 701 5 764 5 395 EBIT 127 150 230 279 EBT 202 169 316 340 EBIT margin 4,3% 5,6% 4,0% 5,2% EBT margin 6,9% 6,3% 5,5% 6,3% • Revenue growth of 8,4% in the quarter • 78% (75%) of reven
Slide 14: HENT
HENT Revenues EBT and EBT margin MNOK MNOK Quarter YTD MNOK Q2 25 Q2 24 1H 25 1H 24 Revenues 2 365 2 324 4 694 4 619 EBIT 123 134 237 238 EBT 164 158 308 304 EBIT margin 5,2% 5,7% 5,1% 5,1% EBT margin 6,9% 6,8% 6,6% 6,6% • Revenue growth of 1,8% in the quarter • 73%(73%) of revenue is from collabora
Slide 15: Sentia Sweden
Sentia Sweden Revenues EBT and EBT margin MNOK MNOK Quarter YTD MNOK Q2 25 Q2 24 1H 25 1H 24 Revenues 563 377 1 070 779 EBIT 23 16 45 42 EBT 23 18 46 48 EBIT margin 4,2% 4,4% 4,2% 5,4% EBT margin 4,2% 4,9% 4,3% 6,1% • Revenue growth of 49,3% in the quarter due to several projects which where in phas
Slide 16: Cash flow – Sentia
Cash flow – Sentia Quarter Hittil i år Cash flow from operations MNOK Q2 25 Q2 24 1H 25 1H24 MNOK EBIT 127 150 230 279 Depreciation and amortisation 27 21 52 49 Paid taxes -5 -13 -13 -35 Change in working capital 56 19 -324 -569 Cash flow from operations 206 177 -54 -276 Cash flow from investing act
Slide 17: A strong financial position ensures stability and flexibility
A stong financial position ensures stability and flexibility Cash and interest - bearing receivables Interest - bearing debt Net financial position MNOK MNOK MNOK • Established a stand-alone cash pool • Reduction in interest-bearing arrangement for Sentia in the quarter debt due to the conversion of
Slide 18: Balance - Sentia
Balance - Sentia Balance MNOK MNOK 30.06.25 30.06.24 31.12.24 Non-current assets 1 439 1 420 1 435 Current assets, excl. Cash amd int.-bearing rec. 1 402 1 517 1 210 Cash and interest-bearing receivables 3 263 2 880 4 125 Total assets 6 104 5 818 6 770 Equity 1 351 1 547 1 802 Interest-bearing debt
Slide 19: Return on capital employed
Return on capital employed EBIT Capital employed Return on capital employed MNOK, last four quarters MNOK, average last four quarters EBIT/average capital employed 19 Sentia Q2 2025 *Average of 2023-12 and 2022-12
Slide 20: Summary
Summary • Successful IPO • Substantial ownership amongst employees • Continued growth, particularly in Sweden • High activity and solid operational performance • Strong financial position • All-time high order backlog 20 Sentia Q2 2025
Slide 21: mW I jill ul
mW I jill ul