Bulten Ab · OMXSTO:BULTEN
Bulten Ab — Q3 2026 Earnings Presentation
11 slides from Bulten Ab's earnings presentation, Oct 21, 2026
Slide 1: A stronger business, ready for its next chapter
INTERIM REPORT Q3, 2026 A stronger business, ready for its next chapter Q3 results and transformation update 21 October 2026
Slide 2: Agenda
Agenda Axel Berntsson, President & CEO Axel Berntsson, President & CEO Q3 highlights Priorities ahead Divestment update Q&A Continuing operations update Anna Åkerblad, CFO Q3 financial performance Key indicators
Slide 3: Q3 highlights
Q3 highlights Continuing operations. Amounts in parentheses refer to Q3 2025. The comparison with the previous year is significantly affected by a production stoppage at a major customer during the third quarter of 2025. Net sales EBIT EBIT margin Operating cash flow 831 MSEK 67 MSEK 8.1% 70 MSEK (5
Slide 4: Divestments
Divestments Significant events after the end of the reporting period 1 October 2026 16 October 2026 December 2026 European contract Contract manufacturing Industrial property in manufacturing operations for operations in Tianjin, China: Hallstahammar: transfer of the automotive industry: divestment
Slide 5: Retained business update
Retained business update Precision manufacturing and full-service C-parts. 01 02 03 Stable margins in 2026 Presence in Asia AI opportunities EBIT margins: Our growing presence in Asia is Technology-related Q1 7.6% also bringing us closer to applications, including AI Q2 8.0% customers and expanding
Slide 6: Nine-month net sales on par with the previous year
Nine-month net sales on par with the previous year Continuing operations Q3 net sales 12-month rolling sales Quarterly net sales, MSEK 802 831 831 MSEK 3,191 MSEK 779 779 590 Q3 2025: 590 MSEK FY 2025: 3,187 MSEK +40.7% year-on-year* Currency-adjusted Q3 growth: 37.6% January–September: 2,389 MSEK (
Slide 7: Profitability remained stable throughout 2026
Profitability remained stable throughout 2026 Continuing operations Q3 EBIT Q3 EBIT margin EBIT margin, % 8.4% 8.1% 8.0% 67 MSEK 8.1% 7.6% Q3 2025: 12 MSEK Q3 2025: 2.0% +55 MSEK year-on-year* January–September EBIT: 188 MSEK (125) 2.0% January–September EBIT margin: 7.9% (5.2) Q3 25 Q4 25 Q1 26 Q2
Slide 8: Key indicators
Key indicators CONTINUING OPERATIONS, 12-MONTH ROLLING Oct 2025– Metric Sep 2026 Full year 2025 Return indicators Return on capital employed, % 11.4 6.6 Capital structure Net debt (-) / EBITDA -2.5 -4.6 Adjusted net debt (-) / Adjusted EBITDA -2.2 -3.4 THE GROUP - Capital structure Metric 2026-09-30
Slide 9: Financial position and transaction effects
Financial position and transaction effects Group, SEK million. Balance-sheet date: 30 September 2026 Changes in equity Discontinued operations Jan–Sep SEK −1,234 million 2026 January–September earnings after tax, Equity at start of period 1,766 including a Group impairment charge of SEK Earnings aft
Slide 10: Priorities ahead
Priorities ahead Sustain the improvement in profitability, accelerate profitable growth and convert more of our earnings into cash. 01 Sustain profitability A more favorable business mix, a more competitive cost base, and disciplined operational execution. 02 Accelerate profitable growth Deepen cust
Slide 11: Questions?
Questions?