Ws Wesports Group Ab · OMXSTO:WSG
Ws Wesports Group Ab — Q2 2026 Earnings Presentation
17 slides from Ws Wesports Group Ab's earnings presentation, Aug 13, 2026
Slide 1: The Leading Nordic Specialist Group in Sports & Leisure Equipment
THE LEADING NORDIC SPECIALIST GROUP IN SPORTS & LEISURE EQUIPMENT Q2 2026 – Presentation August 13, 2026 0
Slide 2: Significantly increased share in a growing market
“SIGNIFICANTLY INCREASED SHARE IN A GROWING MARKET - 55% NET SALES GROWTH, 56% INCREASE IN ADJUSTED EBITA AND 22% ORGANIC GROWTH” 11
Slide 3: Today's Presenters
Today’s Presenters TED SPORRE TIM HOLMLUND MEIER NIKLAS HAMMAR CEO CFO COO & Co-founder Joining for Q&A 22
Slide 4: Agenda
Agenda 1. Introduction to WS WeSports Group 2. Summary of the Quarter & Business Update 3. Financial Update 4. Key Takeaways 5. Q&A 33
Slide 5: Introduction to WS WeSports Group
Introduction to WS WeSports Group THE LEADING NORDIC SPECIALIST GROUP IN SPORTS & LEISURE EQUIPMENT SEK 3,817M Net Sales LTM Q2 ’26 WHAT WE DO → Acquire and develop leading specialist brands and customer destinations in the SEK 238M most attractive sport categories Adj. EBITA LTM Q2 ’26 → Address a
Slide 6: Proven model to reach next level of growth & profitability
Introduction to WS WeSports Group MEDIUM-TERM PROVEN MODEL TO REACH NEXT LEVEL OF Financial Targets GROWTH & PROFITABILITY SEK 10BN Net Sales 2031 HOW WE Organic growth through business development combined with a GROW disciplined M&A agenda. 42 acquisitions to date. 7-8% HOW WE Leading niche positi
Slide 7: Q2 2026 Summary: Winning market share with profitable growth
Summary of the QUARTER Q2 2026 SUMMARY: Winning MARKET SHARE WITH Profitable GROWTH 54.7% 7.5% Net Sales Growth Adj. EBITA Margin → Net sales increased by 54.7% to SEK 1,178M (761) (Q2 ‘26, YoY) (Q2 ‘26) → 21.6% organic growth, significant market share gains → Bike and running specialists performed
Slide 8: Q2 Highlights
Business Update Q2 Highlights → Acquisition of Elite Fitness – establishing a platform in the fast-growing and profitable sports nutrition market → Leading Finnish sports nutrition specialist, with profitability exceeding the Group's financial targets → Strengthens the portfolio of owned and control
Slide 9: Continued strong growth from business development and M&A
Financial Update Continued Strong growth from business development and M&A Q2 Net Sales GROWTH lTM Net Sales GROWTH Reported net sales, SEK m Reported net sales, SEK m → Net sales for Q2 of SEK 1,178M Illustrative impact from acquisitions1 with 54.7% growth compared +54.7% to same quarter last year
Slide 10: Own brands & leverage from model driving profit generation
Financial Update Own brands & LEVERAGE FROM MODEL driving PROFIT GENERATION COGS, Operating costs & D&A development, % of sales Adjusted ebita development COGS Other external expenses Personnel costs D&A Reported adj. EBITA, SEK m Reported adj. EBITA margin (%) Illustrative impact from acquisitions1
Slide 11: High pace towards next target of 7-8 percent adj. EBITA margin
Financial Update HIGH PACE TOWARDS NEXT TARGET OF 7-8 percent Adj. EBITA-margin Adjusted EBITA-margin → A meaningful part of the distance to our next target is already inside the group — 7-8% but has not been consolidated for a full twelve months yet 6.8% → 6.8% EBITA-margin – based on illustrative
Slide 12: Solid cash generation
Financial Update Solid Cash GENERATION CASH CONVERSION LTM Q2 ‘26, SEK m → Cash conversion in relation to EBITDAaL of 54.0% for LTM Q2 2026 335 54.0% → Working capital reflects growth and phasing effects, including inventory build-up ahead of peak seasons, impact from acquired businesses, selected 2
Slide 13: Robust financial position with leverage below target
Financial Update ROBUST FINANCIAL POSITION with leverage below target NET DEBT OVERVIEW SEK m 30 Jun 2026 → Net cash / EBITDAaL of 0.5x vs financial target of 1-2x Non-current interest-bearing liabilities 526 Current interest-bearing liabilities 166 → Available credit facilities of +SEK 300M at peri
Slide 14: Key Takeaways: Another record-breaking quarter
Key Takeaways KEY TAKEAWAYS: Another record-breaking quarter – ready for H2 2026 Q2 again confirms the strength of our model Well positioned for H2 2026 and beyond → 55% sales growth and 22% organic ✓ Leading position in a growing growth – winning market share Nordic market across entire Group → Inc
Slide 15: Q&A
Q&A TED SPORRE TIM HOLMLUND MEIER NIKLAS HAMMAR CEO CFO COO & Co-founder 14 14
Slide 16: Keep up to date
Keep up to date Communication, internet, site, url, web, website, world icon - Download on Iconfinder wesportsgroup.com Email Envelope White Icon SVG Vector PNG Free Download | UXWing ir@wesportsgroup.com LinkedIn App White icon SVG Vector PNG Free Download | UXWing Follow us on LinkedIn 15 15
Slide 17: The Leading Nordic Specialist Group in Sports & Leisure Equipment
THE LEADING NORDIC SPECIALIST GROUP IN SPORTS & LEISURE EQUIPMENT 16