Slide 1: Q1 2026
Q1 2026 2026-05-06 © CTEK AB
Slide 2: Today's presenters
Today’s presenters HENRIK FAGRENIUS THOM MATHISEN CEO CFO © CTEK AB
Slide 3: A proud heritage that drives our future
A proud heritage that drives our future The CTEK story starts over 25 years ago in Vikmanshyttan, a small village in Dalarna in Sweden. This is where our founder – Swedish inventor Bengt Wahlqvist – created the first ever battery charger to use electronic pulse technology. © CTEK AB
Slide 4: Exploring CTEK's two cutting-edge technologies and subsegments
Exploring CTEK's two cutting-edge technologies and subsegments Low Voltage EVSE CONSUMER CLIENT BRAND DESTINATION CHARGERS CLIENT BRAND Chargers: Battery conditioning, maintenance High quality branded customized solutions Installed at public destinations, offices etc. Custom-branded EV chargers buil
Slide 5: Go to market strategy
Go to market strategy GLOBAL REACH WITH ALMOST 30 YEARS IN THE MARKET Example target customers Channel examples Target markets Enthusiasts Consumer Conscious consumers division Workshops Example target customers Channel examples Target markets Vehicle manufacturers Professional Charge Point Operator
Slide 6: Chosen by the best
Chosen by the best Over 50 of the world’s biggest and most prestigious vehicle manufacturers – including Lamborghini, Ferrari, General Motors and Porsche – have chosen CTEK to supply branded chargers for their own customers. © CTEK AB
Slide 7: Premium products, large and attractive addressable markets
Premium products, large and attractive addressable markets “We operate in the premium segment, delivering high-quality, reliable products that our customers trust. Our focus is on durability, performance, and innovation — ensuring true long-term value for every end user.” © CTEK AB
Slide 8: Q1 2026
Q1 2026 © CTEK AB
Slide 9: CTEK Q1 2026
CTEK Q1 2026 FINANCIAL OVERVIEW 188 (213) 61.7 (56.4) 19 (19) MSEK PERCENT MSEK NET SALES GROSS MARGIN ADJUSTED EBITA 14 (14) 61 (8) 0.8x (1.9x) MSEK MSEK EBIT CASH FLOW FROM OPERATING NET DEBT RATIO ACTIVITIES © CTEK AB
Slide 10: Strategic review of the EVSE business
Strategic review of the EVSE business • In line with our message at the Capital Markets Day, we remain highly confident in the Low Voltage business and particularly in the growth potential of our newer adjacent product areas, Premium Boosters and Power Solutions. • At the same time, despite a leadin
Slide 11: Q1 2026 Additional key take aways
Q1 2026 ADDITIONAL KEY TAKE AWAYS 300 20% 250 Improved profitability, strong cash flow and a solid financial position 15% 200 Despite a continued challenging market environment, CTEK delivered improved 150 10% profitability, strong cash flow and a progressively strengthened financial position. Conti
Slide 12: Q1 Financials
Q1 Financials © CTEK AB
Slide 13: Consumer Division
Consumer Division CONTINUOUS GROWTH AND IMPROVED MARGINS 24% • Net sales increased 9% organically to 143 SEKm (141). The growth was driven by new product launches and positive development across several regions. • Adjusted EBITDA amounted to 57 SEKm (49), corresponding to a margin of 40.1% (34.8%).
Slide 14: Professional Division
Professional Division CHALLENGING EVSE MARKET AND STRONG COMPARISON QUARTER FOR LOW VOLTAGE 24% • Net sales declined with 34% organically to 45 SEKm (72). The decrease is mainly due to a continuously weak EVSE market and a strong comparison quarter for the Low Voltage. • Adjusted EBITDA amounted to
Slide 15: Cash flow and CAPEX
Cash flow and CAPEX Cash flow and financial position • Cash flow from operating activities amounted to 61 SEKm (8) in the period. • Capex during the period amounted to -7 SEKm (-16m). • Cash flow after investment activities in the period was 54 SEKm (-8). • Cash and cash equivalents at the end of th
Slide 16: Summary
Summary © CTEK AB
Slide 17: Q1 summary
Q1 summary KEY TAKEAWAYS Improved profitability, strong cash flow and a solid financial position Despite a continued challenging market environment, CTEK delivered improved profitability, strong cash flow and a progressively strengthened financial position. Continued growth within the Consumer divis
Slide 18: Steps to reach the financial targets
Steps to reach the financial targets 2000 SEKm >1,000 SEKm Premium Power Chargers Solutions sales >100 SEKm Phase 2 LTM sales of >50 SEKm premium generated boosters Power from German Solutions and UK EVSE Launch of new phase 1 sales products and New strategy product launched category Profitability (
Slide 19: © CTEK AB
© CTEK AB