Slide 1: Interim Report Q2 2026
Interim Report Q2 2026 July 15, 2026 Continued strong order intake and significant earnings improvement Investing in a secure and connected world
Slide 2: Jenny Sjödahl, President & CEO; Joakim Laurén, CFO
Jenny Sjödahl Joakim Laurén President & CEO CFO
Slide 3: Agenda
Agenda Business update Jenny Sjödahl Financials Joakim Laurén Concluding notes and Outlook Jenny Sjödahl Q&A
Slide 4: Continued strong order intake and significant earnings improvement
Continued strong order intake and significant earnings improvement Order intake up 24% to 695 MSEK (+15% organic), on strong bookings across both business entities. Record sales of 682 MSEK, up 22% year-on-year (+10% organic). Book-to-bill of 1.02. EBITA up 30% to 84 MSEK, lifting the margin
Slide 5: Westermo business entity
Westermo business entity MSEK Q2 2026 Q2 2025 % YTD 2026 YTD 2025 % FY 2025 Orders 452.3 359.5 126 949.7 676.2 140 1,413.6 Sales 451.8 354.2 128 839.2 675.0 124 1,378.0 Order intake up 26% (+9% organic), driven by EBITA 69.1 56.6 122 133.4 110.0 121 221.1 the Energy and Trackside segments with no
Slide 6: Beijer Electronics business entity
Beijer Electronics business entity MSEK Q2 2026 Q2 2025 % YTD 2026 YTD 2025 % FY 2025 Orders 243.8 200.0 122 526.0 435.4 121 844.1 Order intake up 22%, driven by the Energy and Sales 231.2 207.7 111 442.7 433.4 102 858.0 EBITA 28.5 19.7 144 52.6 35.5 148 80.8 Marine segments. EBITA% 12.3% 9.5% 11.
Slide 7: Agenda
Agenda Business update Jenny Sjödahl Financials Joakim Laurén Concluding notes and Outlook Jenny Sjödahl Q&A
Slide 8: Orders and sales development
Orders and sales development Orders +24% Orders Q2 vs LY YTD vs LY Sales +22% Total + 24% + 33% of organic + 15% + 23% 900 of acquisition + 11% + 15% 800 of FX - 1% - 5% 700 600 QTD, MSEK (bars) 500 Sales Q2 vs LY YTD vs LY 400 300 Total + 22% + 16% 200 of organic + 10% + 6% 100 of acquisition + 12%
Slide 9: EBITA development
EBITA development +0.8 pp 100 15% 12.2% 12.5% 12.4% 11.6% 11.5% 80 12% 9.7% EBITA, MSEK (bars) EBITA% (line) 60 9% 40 6% 20 3% 0 0% Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 EBITA QTD EBITA% QTD +30%
Slide 10: Income statement summary
Income statement summary Q2 Q2 Change, YTD YTD Change, MSEK 2026 2025 % 2026 2025 % FY 2025 Net sales 682.0 560.8 22% 1,279.3 1 105.8 16% 2,231.8 EBITA 84.4 65.1 30% 159.3 117.8 35% 251.1 EBIT-margin 12.4% 11.6% 12.4% 10.7% 11.2% EBIT 76.2 61.6 24% 143.1 110.8 29% 232.1 EBIT-margin 11.2% 11.0% 11.2%
Slide 11: Free cash flow & net debt/EBITDA
Free cash flow & net debt/EBITDA Free Cash Flow Net debt/EBITDA* 100 3.0 80 80 2.5 68 60 62 60 56 2.0 QTD, MSEK 40 1.45 40 1.5 1.28 1.35 1.35 1.38 1.30 x 30 1.23 1.23 1.24 1.18 20 1.0 0 0.5 -8 -12 -9 - 20 0.0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q1 2024 Q2
Slide 12: Agenda
Agenda Business update Jenny Sjödahl Financials Joakim Laurén Concluding notes and Outlook Jenny Sjödahl Q&A
Slide 13: Concluding notes
Concluding notes The group delivered positive progress despite geopolitical uncertainty. Sustained high activity levels across our customer base. Across our organisations, we remain focused on capitalising on recent years' significant investments. Over the medium and long term, we are confid
Slide 14: Financial targets
Financial targets Growth Profitability The group shall have an The group shall reach an annual organic growth of EBITA margin of at least at least 10 % 15 % The group shall be a dividend-paying company.
Slide 15: Outlook
Outlook Ependion operates in attractive markets with solid underlying growth and has good medium term prospects for achieving both its growth and profitability targets. In the short term, geopolitical and economic uncertainty persist, but we are positive about the outlook for 2026.
Slide 16: OxA
OxA An 8) ependion
Slide 17: Ependion
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