Slide 1: Third quarter 2025
Third quarter 2025 David Pagels, CEO Joakim Wahlquist, CFO
Slide 2: Cavotec – a leading global cleantech company
Cavotec – a leading global cleantech company - Designs and delivers connections, automation and electrification solutions - Enables decarbonisation of ports, mines and other industrial applications - Founded in Sweden 50 years ago - Successful change of domicile and relocation of our HQs from Switze
Slide 3: An attractive offering in electrification
An attractive offering in electrification Ports & Maritime Industry Share of revenue Q325 46% 54% Ports & Maritime Industry Automated mooring, shore power, crane Motorised cable and hose reels, radio remote electrification, and connection and charging controls, power connectors, spring driven system
Slide 4: Strong business drivers
Strong business drivers Leading technology and Megatrends Regulations Large installed base market position Markets driven by the electrification Our customers are facing increasing We have leading technology and Our large installed base provides an of society and need to reduce noise regulations fro
Slide 5: Higher order backlog
Higher order backlog Order backlog Revenue Adjusted EBIT EUR 126 m EUR 35.8 m EUR -0.2 m (3.0) 14.0% -18.8% Improved profitability in Industry Slide 5
Slide 6: Recent key events
Recent key events - Order signed to deliver the first shore power systems to the Maldives - Orders for shore power systems with a total value of EUR 9.35 million signed with leading global container shipping company - First major contract signed with Australian Civmec for the supply of a motorised c
Slide 7: Good order intake
Good order intake EUR m Order intake - Order intake 0.5%, EUR 36.3 m (36.1) 70 60 - Driven by demand for Ports & Maritime’s 50 40 product and service offerings 30 - Order backlog 14.0%, EUR 125.8 m (110.4) 20 10 - Order backlog 0.8% from Q225 0 EUR m Order backlog 160 140 120 100 80 60 40 20 0 Slide
Slide 8: Revenue impacted by continued uncertainty among customers
Revenue impacted by continued uncertainty among customers EUR m Revenue 60 - Revenue -18.8%, EUR 35.8 m (44.1) 50 40 - Currency effects -1.0% 30 - Underlying markets remain strong 20 - Project-driven nature of the business with 10 long delivery times - Revenue geographical split Q325 8% 33% 59% EMEA
Slide 9: EBIT impacted by the lower revenue and ramp-up
EBIT impacted by the lower revenue and ramp-up Adjusted EBIT and EBIT margin EUR m - Adjusted EBIT EUR -0.2 m (3.0) 5 10% - Adjusted EBIT margin -0.6% (6.8%) 4 8% - Adjustment of EUR 0.3 m in Q325 related to the 3 6% relocation of HQs 2 4% 1 2% 0 0% -1 -2% Adjusted EBIT, EUR million Adjusted EBIT ma
Slide 10: Net result decreased
Net result decreased - Net result EUR -1.7 m (1.0) EUR m Net result and EPS - Earnings per share, basic and diluted, EUR -0.016 3 0,025 0,020 (0.010) 2 0,015 0,010 1 0,005 0,000 0 -0,005 -0,010 -1 -0,015 -2 -0,020 Net result, EUR million EPS, EUR Slide 10
Slide 11: Operating cash flow improved strongly
Operating cash flow improved strongly - Operating cash flow EUR 2.8 m (-1.1) EUR m Operating cash flow - Net debt decreased to EUR -13.3 m (-15.3) 6 5 - Leverage ratio 1.44x compared to 0.85x Q324 and 4 1.23x Q225 3 2 1 0 -1 -2 Slide 11
Slide 12: Ports & Maritime
Ports & Maritime Revenue - Order intake 4.2%, EUR 21.9 m (21.0) EUR m 40 35 - Order backlog 16.4%, EUR 103.1 m (88.5) 30 25 - Revenue -30.6%, EUR 19.3 m (27.9) 20 15 - Currency impact of -1.0% 10 5 0 - EBITDA EUR -0.6 m (3.7) - EBITDA margin -3.2% (13.2%) EUR m EBITDA and EBITDA margin 7 20% 6 15% 5
Slide 13: Industry – strong EBITDA improvement
Industry – strong EBITDA improvement Revenue - Order intake -4.7%, EUR 14.5 m (15.2) EUR m 20 18 - Order backlog 4.0%, EUR 22.7 m (21.9) 16 14 12 - Revenue 1.4%, EUR 16.5 m (16.2) 10 8 6 - Currency impact -1.0% 4 2 0 - EBITDA 109%, EUR 1.6 m (0.8) - EBITDA margin 9.9% (4.8%) EUR m 2 EBITDA and EBITD
Slide 14: Solid position in strong underlying markets
Solid position in strong underlying markets - Continued uncertainty among customers - Strong underlying market driven by electrification, reduce noise levels and lower emissions - Attractive offering - Strategic review - Strong momentum in the organisation Slide 14
Slide 15: Q&A
Q&A Forth quarter report 20 February 2026 Slide 15