Slide 1: Q4 Report
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T
Slide 2: Novia Group Q4 Report
PICTURE THEME: D I S C O V E R I N G T H E N E X T S O L U T I O N NOVIA GROUP Q 4 R E P O R T
Slide 3: Full year 2025 – another successful year for Bufab
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Full year 2025 – another successful year for Bufab • Record-high results, despite weak demand – Total growth was 0.5% whereof the organic growth was 0.3% – Record-high gross margin at 31.9% and adj. operating margin at 13.3% – Propo
Slide 4: Q4 highlights
NOVIA GROUP D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Q4 highlights Erik Lundén President & CEO
Slide 5: Q4 highlights – a strong end to a successful year
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Q4 highlights – a strong end to a 2,500 50 successful year 2,000 1,943 1,863 1,931 40 1,500 30 33.8% 29.3% 29.7% • Organic sales growth of 0.3% 1,000 20 • Continued uncertain market with large variations between 500 10 countries and
Slide 6: Financial highlights
NOVIA GROUP D I S C O V E R I N G T H E N E X T S O L U T I O N SHANGHAI QUALITY CONTROL Q 4 R E P O R T Financial highlights Helena Häger Acting CFO
Slide 7: Organic growth, reflecting a continued uncertain market
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Organic growth, reflecting a continued uncertain market Net Sales by quarter Organic growth 2,500 1,950 1,931 2,184 2,039 1,900 2,000 1,917 1,931 1,863 1,863 1,850 0.3% 10,0% 1,800 -6,6% 1,500 1,750 1,000 1,700 500 50 0 0 Q4-24 Q1-2
Slide 8: Strong gross- and operating margin
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Strong gross- and operating margin Driven by purchasing savings, improved customer and product mix, price adjustments and currency Gross Profit Margin EBITA adjusted and EBITA margin adjusted 35 350 14.2% 15 34 33.8% 13.1% 13.1% 12.
Slide 9: Underlying cost level unchanged to last year
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Underlying cost level unchanged to last year Operating expenses 21.7% 550 20.3% 22 • Cost level higher than last year 18.9% 500 20 17.2% 18.0% • When adjusted for novia Group and VITAL the cost 450 419 18 level was unchanged to last
Slide 10: Higher cash flow is explained by improved results and working capital
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Higher cash flow is explained by improved results and working capital Cash flow from operating activities, MSEK Cash flow from operating activities, MSEK 300 293 45 -47 224 213 12 250 245 224 200 164 150 125 100 50 0 Operating Non C
Slide 11: Net Debt/EBITDA amounted to 2.6x
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Net Debt/EBITDA amounted to 2.6x Net Debt, MSEK Adjusted Net Debt/EBITDA Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 2.8 2.8 2.7 2.6 2.6 2.5 2.5 2.4 2.3 2,330 2,548 2,580 Net Fin debt 2,757 2,815 597 567 620 Leasing 612 2,927 617 3,115 3,200 3,36
Slide 12: Regional highlights
NOVIA GROUP D I S C O V E R I N G T H E N E X T S O L U T I O N QUALITY CONTROL Q 4 R E P O R T Regional highlights Erik Lundén President & CEO
Slide 13: Europe North & East
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T 1,000 50 Region 800 Europe North & East 800 701 669 40 600 30 34.2% 27.2% 29.9% 400 20 • Total growth was -4.6%, of which organic growth was -1.8% 200 10 • Demand in the furniture and kitchen sector remained weak, while defence and
Slide 14: Europe West
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T 900 35 Region 30.3% 30 750 Europe West 600 23.9% 24.3% 640 25 460 20 450 429 15 • Total growth was 39.2%, of which 40.4% was acquisitions and 300 3.9% was organic growth 10 150 5 • Good demand in energy and defence, while the automo
Slide 15: Americas
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T 500 50 Region 41.7% Americas 400 35.1% 33.3% 40 300 258 30 223 214 • Total growth was -4.1%, and the organic growth was 9.1%, mainly 200 20 driven by price increases 100 10 • Demand was stable but on a low level for the mobile home
Slide 16: UK & Ireland
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T 600 40 Region 34.5% 30.7% 33.7% 500 UK & Ireland 400 366 364 30 318 300 20 • Total growth amounted to -12.5%, of which the organic growth 200 10 was -2.4% 100 • Low demand in the manufacturing industry impacted Bufab UK 0 0 Q4 Q1 Q2
Slide 17: Asia-Pacific
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T 180 40 Region 30.9% 32.2% 34.5% 150 Asia-Pacific 120 116 30 90 90 90 20 • Total growth amounted to -22.4%, of which the organic growth 60 10 was -9.7% 30 • Bufab Shanghai was strong, Bufab India noted a minor negative 0 0 Q4 Q1 Q2 Q
Slide 18: Group news
NOVIA GROUP D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Group news Erik Lundén President & CEO
Slide 19: Major customer project with a world-leading supplier to the semiconductor industry
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Major customer project with a world-leading supplier to the semiconductor industry New contract in 2025 with a Mainly Bumax but also Flos deliver Deliver Peace of Mind and High volumes in early project world-leading manufacturer to
Slide 20: Summary, Outlook & Priorities
NOVIA GROUP D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Summary, Outlook & Priorities Erik Lundén President & CEO
Slide 21: Summary, outlook & priorities
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Summary, outlook & priorities • During 2025, we continued to deliver on our strategy and achieved record-high gross and operating margins • Strong performance in Q4 despite a weak market • Continued solid development of the gross ma
Slide 22: Q&A
NOVIA GROUP D I S C O V E R I N G T H E N E X T S O L U T I O N Q 4 R E P O R T Q&A