W5 Solutions Ab · OMXSTO:W5
W5 Solutions Ab — Q2 2026 Earnings Presentation
18 slides from W5 Solutions Ab's earnings presentation, Aug 5, 2026
Slide 1: Interim Report Q2 2026
Interim Report Q2 2026 Evelina Hedskog, President and CEO
Slide 2: W5 Solutions at a Glance
W5 Solutions at a Glance W5 is a Nordic defence company delivering mission-critical solutions that strengthens military operational capability.
Slide 3: A Nordic Defence Technology Company
A Nordic Defence Technology Company Home markets Sweden, Norway and Finland Operations Development, production and integration across the Nordics Scale ~270 FTE Customers Defence agencies and industry primes Listing Nasdaq First North Growth Market (since 2021)
Slide 4: One W5 – Offering Multiple Capabilities
One W5 – Offering Multiple Capabilities Mission-critical solutions for defence PR O T E C T PR E PA R E E N A BL E Integration Training Power Deployable defence infrastructure and Advanced live fire training systems. Reliable power solutions and simulator systems integration. hardware. Business mode
Slide 5: Financial Targets & Growth Strategy
Financial Targets & Growth Strategy Financial targets 2027 Growth journey to 1 000 1 000 Net sales SEK 1 000 m 388 492 EBIT margin 10% 2024 2025 2026 2027 Organic growth (actual) Organic growth (illustrative) Acquired growth (illustrative) 5
Slide 6: Highlights Q2
Highlights Q2 6
Slide 7: KT-Shelter Is Now Part of W5 Solutions
KT-Shelter Is Now Part of W5 Solutions Strengthening our position in deployable defence infrastructure Enhances the W5 portfolio with deployable shelter for helicopters, fighter aircraft, drones and other critical defence assets Strengthens our Finnish footprint and provides cross-selling opportunit
Slide 8: FMV Contract for Swedish Armed Forces Training Centre
FMV Contract for Swedish Armed Forces Training Centre B U SI N ESS A R EA P OW ER Strategic importance ▪ Strengthens our role as a full-service power systems provider ▪ Demonstrates prime contractor capability ▪ Broadens the power offering with fixed installations Customer Contract value Swedish Def
Slide 9: Framework Agreement with the Swedish Armed Forces
Framework Agreement with the Swedish Armed Forces B U SI N ESS A R EA TRA I N IN G Strategic importance ▪ Strengthens our role as a long-term partner ▪ Simplifies sales process ▪ Enables future call-off orders Customer Estimated value The Swedish Armed Forces SEK 700 million Scope Agreement term Ser
Slide 10: Numbers Q2 & YTD
Numbers Q2 & YTD 10
Slide 11: Q2 – Key Figures
Q2 – Key Figures (SEK m) Order intake Net sales Record growth and a clear focus for the future 234 228 ▪ Solid order intake and growing order backlog ▪ Record high net sales with 105 per cent growth Order backlog EBIT margin ▪ Insufficient profitability ▪ Increased direct costs affecting gross margi
Slide 12: Net Sales and EBIT Margin by Quarter
Net Sales and EBIT Margin by Quarter (SEK m) 12
Slide 13: Operating Segments – Order Intake & Order Backlog
Operating Segments – Order Intake & Order Backlog (SEK m) Integration Training Power Order intake Order backlog Order Intake Order backlog Order intake Order backlog 300 140 600 250 120 500 200 100 400 80 98 150 300 282 133 60 549 100 200 161 40 303 43 50 100 188 72 20 34 160 31 0 0 0 Q2 2025 Q2 202
Slide 14: Operating Segments – Net Sales & EBIT
Operating Segments – Net Sales & EBIT (SEK m) Integration Training Power Net sales EBIT Net sales EBIT Net sales EBIT 80 70 100 70 60 80 60 50 50 60 40 40 98 67 66 30 40 30 49 20 20 20 46 28 10 10 5 3 2 0 0 0 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 -10 -10 ▪ Net sales includes internal sales
Slide 15: Key Figures – YTD
Key Figures – YTD (SEK m) Group Integration Training Power Net sales Net sales Net sales Net sales 357 152 117 110 EBIT EBIT EBIT EBIT –24 9 –17 –16 ▪ Net sales includes internal sales ▪ Q2 results include acquisition-related costs of SEK 18.5 million 15
Slide 16: Summary Q2 and YTD
Summary Q2 and YTD Key takeaways ▪ Continued strong market demand ▪ Record high net sales with 105 per cent growth ▪ Profitability challenges Priorities ahead ▪ Cost control and efficiency improvements ▪ Continued focus on cashflow and working capital ▪ Integration of KT-shelter
Slide 17: Empowering defence
O&A Empowering defence
Slide 18: Financial Calendar
Financial Calendar Thank you! Q3 Interim Report 5 November 2026 ir@w5solutions.com Year-End Report 2026 17 February 2027