Bufab Ab · OMXSTO:BUFAB
Bufab Ab — Q3 2025 Earnings Presentation
24 slides from Bufab Ab's earnings presentation, Oct 24, 2025
Slide 1: Q3 Report
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T
Slide 2: TIMCO in the UK
PICTURE THEME: D I S C O V E R I N G T H E N E X T S O L U T I O N TIMCO IN THE UK Q 3 R E P O R T
Slide 3: Q3 highlights
TIMCO FIRMAHOLD D I S C O V E R I N G T H E N E X T S O L U T I O N NAILS & FUEL CELLS Q 3 R E P O R T Q3 highlights Erik Lundén President & CEO
Slide 4: Q3 highlights – Organic growth & Strong results
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Q3 highlights – Organic growth 2 500 2 071 1 880 1 917 2 000 & Strong results 1 500 1 000 • Continued strong execution of our strategy 500 • Positive organic sales growth of 1.4%, first time in two 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 years
Slide 5: Financial Highlights
TIMCO SCREW S D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Financial Highlights Helena Häger Acting CFO
Slide 6: Organic growth was 1.4% driven by increased market share and US tariffs
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Organic growth was 1.4% driven by increased market share and US tariffs Net Sales by quarter Organic growth 1 917 2 500 2 184 1 880 1,4% 2 039 2 000 1 880 1 863 1 917 -4,4% 5,0% 1 500 1 000 500 0 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q3-24
Slide 7: Record-high gross and operating margin in the quarter
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Record-high gross and operating margin in the quarter Gross Profit Margin EBITA adjusted and EBITA margin adjusted 400 16 14,2% 13,1% 14 35 32,7% 12,7% 12,7% 30,6% 30,3% 31,1% 300 29,7% 30 10,8% 12 25 200 10 20 15 278 268 272 8 239
Slide 8: Underlying cost level unchanged to last year when adjusted for one-offs
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Underlying cost level unchanged to last year when adjusted for one-offs Operating expenses Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 • Cost level as a share of revenue unchanged -400 -379 -376 -25 to last year, adjusted for one-offs -368 -363 -
Slide 9: Cash flow from operations lower than last year
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Cash flow from operations lower than last year due to lower inventory reduction compared to Q3 2024 Cash flow from operating activities, MSEK Cash flow from operating activities, MSEK 293 1,0 350 322 55 -64 66 0,9 293 235 300 0,8 24
Slide 10: Net Debt/EBITDA improved year-over-year to 2.3x
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Net Debt/EBITDA improved year-over-year to 2.3x Approx. 2.7x in Q4 after the acquisition of novia Group Net Debt, MSEK Adjusted Net Debt/EBITDA Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 2,8 2,8 2,7 2,7 2,6 2,5 2,5 2,4 2,3 Net Fin debt 2 366 2 3
Slide 11: Regional highlights
TIMCO W AREHOUSE D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Regional highlights Erik Lundén President & CEO
Slide 12: Europe North & East
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Region 1 000 Europe North & East 750 760 668 654 500 • Total growth was -2.1% and organic growth was 0.5% 250 • Strong development in East and Finland, stable demand 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 in general industry, while the Furnit
Slide 13: Europe West
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Region 750 Europe West 600 475 443 533 450 • Total growth amounted to 20.5% and the organic 300 growth was 1.7% 150 • Strong demand in energy, defence and infrastructure, 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 as well as in Spain and the Czec
Slide 14: Americas
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T 295 Region 300 248 257 Americas 200 • Total growth amounted to 3.6% and the organic 100 growth was 12.6%, driven by tariff revenue 0 • Demand was stable but still on a low level for the mobile Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 home and tra
Slide 15: UK & Ireland
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T 441 Region 450 409 370 UK & Ireland 300 • Total growth amounted to -9.6% and the organic 150 growth was -4.1% • Low demand in the general industry impacting both 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Apex Stainless Fasteners and Bufab UK. Ap
Slide 16: Asia-Pacific
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Region 160 Asia-Pacific 120 100 110 102 80 • Total growth amounted to -7.4% and the organic 40 growth was 1.3% 0 • Organic growth driven by Bufab Shanghai and Bufab Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 India 2023 2024 2025 Net Sales, MSEK • G
Slide 17: Group news
TIMCO IN STORE PRESENTATION D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Group news Erik Lundén President & CEO
Slide 18: novia Group – A Strategic Platform Acquisition
novia Group – A Strategic Platform Acquisition Bufab acquires novia Group Sales in Europe and US. – a German expert provider Provides global sourcing of global sourcing solutions Recurring business from Markus Bauer will remain as Operations in Germany and solutions, engineering loyal customers in M
Slide 19: Why novia? Accelerating Bufab's Profitable Growth
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Why novia? Accelerating Bufab’s Profitable Growth Strategic Fit Strengthens Market Position High Profitability Accelerates Growth In line with our strategy & brings Expands Bufab’s footprint in Operating margin significantly Platfor
Slide 20: Framework Agreement with Babcock
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Framework Agreement with Babcock Valuable Tender Secured Partnering with a Global Giant Tailor-Made Logistics Solutions Bufab won a competitive framework £4.8 billion in annual turnover and £10.4 Bufab’s on-site tailor made Solution
Slide 21: Sustainability – Important Enabler for Growth
Sustainability – Important Enabler for Growth EcoVadis Platinum Carbon Disclosure Project Time & Statista – Top 500 A-rating World’s Best Companies In Sustainable Growth 2025 TIME and Statics have named 500 companies pairing growth with environmental stewardship
Slide 22: Summary, Outlook & Priorities
TIMCO PRODUCTS D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Summary, Outlook & Priorities Erik Lundén President & CEO
Slide 23: Summary, outlook & priorities
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Summary, outlook & priorities • Continue to deliver on our strategy, with a strong focus on creating value for our customers • Record-high gross margin and adjusted operating margin, despite low demand • Strong focus on cost control
Slide 24: Q&A
TIMCO CONFERENCE ROOM D I S C O V E R I N G T H E N E X T S O L U T I O N Q 3 R E P O R T Q&A