Slide 1: Sdiptech Q4 2025
Sdiptech Q4 2025 Anders Mattson Bengt Lejdström President & CEO CFO 20260210
Slide 2: Sdiptech in brief - Core
SDIPTECH 2026 | Sdiptech in An infrastructure technology group creating sustainable, efficient and safe societies brief - Core Supply Chain & Transportation Energy & Electrification 4,497m Net sales, SEK Water & Bioeconomy Safety & Security 968m Leading niche products and solutions for Adj. EBITA, S
Slide 3: Highlights of the fourth quarter 2025
SDIPTECH Q4 2025 Highlights of the fourth quarter 2025 • Following our CMD in November we have made clear progress: − Divestments: 8 out 11 companies signed for completion (1 closed) Strategic • Total return targets implemented in existing portfolio • One new acquisition linked to our growing Cold C
Slide 4: Strategic update – implementation of the four strategic pillars
SDIPTECH Q4 2025 Strategic update – implementation of the four strategic pillars Portfolio Proactive Disciplined and Clusters management ownership return-focused M&A • Divestments – 8 out 11 • Each company has a short • IRR and cash flow key • STORR latest acquisition companies signed for and long t
Slide 5: Stable net sales development in the quarter, although Q4 impacted by delays
SDIPTECH Q4 2025 Stable net sales development in the quarter, although Q4 impacted by delays in order intake and sales recognition Net sales MSEK - Core +6% Q4 Geographical distribution of sales • Net sales increased by 3% yoy 8% Nordics 4 497 − Organic growth 6% excl. currency 16% UK 15% +3% − Acqu
Slide 6: Adj EBITA development
SDIPTECH Q4 2025 Adj EBITA development • Adj. EBITA declined by -1% yoy Q4 − Organic growth +/- 0 excl. currency Adj. EBITA development - Core − Acquisition growth 6% +3,0% − Negative currency effect of -7% -0,8% 968 • Negative development in SC&T with an increased cost based for 940 future growth 2
Slide 7: Full year adjusted EBITA 2025 and ROCE development - Group
SDIPTECH Q4 2025 Full year adjusted EBITA 2025 and ROCE development - Group Adjusted EBITA - Group Return on capital employed - Group • Total adjusted EBITA increased 1% to SEK 1,020 million (1,010). 8,257 8,186 • Organic EBITA growth was -4%, 7,414 1.010 1.020 excluding currency effect of -3% 919 •
Slide 8: Strong cash conversion and free cash flow in Q4 - Group
SDIPTECH Q4 2025 Strong cash conversion and free cash flow in Q4 - Group Free cash flow (FCF)1 per share and adjusted • FCF/Share in Q4 7.33 SEK (vs EPS 2 5.35), with contribution from operations and lower CAPEX • FCF/Share 2025: 16.97 SEK (vs 12.90) • EPS improved, partly based on one-offs, but aff
Slide 9: Balance sheet highlights: Leverage ratio below target
SDIPTECH Q4 2025 Balance sheet highlights: Leverage ratio below target - Leverage* ratio reduced, due to lower net debt Earn-out provisions share of ND decreases (target < 3.0) 60 4 129 53% 53% 4.0 3 692 3.39 50 3 496 3.30 3.31 3.20 3.5 3 203 2.84 3.0 40 2.47 2.42 40% 40% 32% 2.25 2.25 2.12 2.5 30 2
Slide 10: Supply Chain & Transportation
SDIPTECH Q4 2025 Supply Chain & Transportation -4% -15% 23% 53% Net sales Adj. EBITA Adj. EBITA margin ROCE* • Weak development in the quarter due to delays in order and sales Net sales Adj. EBITA and margin from three larger units Net Sales MSEK previous year Net Sales MSEK Adj EBITA MSEK PY Adj EB
Slide 11: Acquisition of STORR – expanding Sdiptech’s cold-chain cluster
SDIPTECH Q4 2025 Acquisition of STORR – expanding Sdiptech’s cold-chain cluster STORR Sdiptech’s cold-chain cluster • A leading provider of partitions for refrigerated transport, based in the Netherlands • Complements Sdiptech's growing Cold- cold chain cluster in the Supply Chain chain cluster & Tr
Slide 12: Energy & Electrification
SDIPTECH Q4 2025 Energy & Electrification +17% +33% 26% 49% Net sales Adj. EBITA Adj. EBITA margin ROCE • Good development from almost all business units but primarily Net sales Adj. EBITA and margin from two business units Net Sales MSEK previous year Net Sales MSEK Adj EBITA MSEK PY Adj EBITA MSEK
Slide 13: Water & Bioeconomy
SDIPTECH Q4 2025 Water & Bioeconomy +7% +4% 23% 99% Net sales Adj. EBITA Adj. EBITA margin ROCE • Good net sales development and stable adj. EBITA in Q4, although Net sales Adj. EBITA and margin Net Sales MSEK previous year Net Sales MSEK variations between business units Adj EBITA MSEK Previous yea
Slide 14: Safety & Security
SDIPTECH Q4 2025 Safety & Security -3% ±0% 29% 129% Net sales Adj. EBITA Adj. EBITA margin ROCE • Development in line with last year which was a strong Q4 Net sales Adj. EBITA and margin Net Sales MSEK previous year Net Sales MSEK Adj EBITA MSEK Previous year Adj EBITA MSEK Adj EBITA margin % • Good
Slide 15: Selective and disciplined M&A activities in 2025
Selective and disciplined M&A activities in 2025 4 6 • Selective M&A activity in 2025, in 158 161 total acquired growth of 50 SEKm • Phase 3 and STORR and two add-on 5 acquisitions 4 4 109 • Solid pipeline for 2026 with 93 94 increased M&A pace • IRR and cash flow key metrics for 2 2 each investment
Slide 16: Summary and outlook
SDIPTECH Q4 2025 Summary and outlook • Solid financial results in the fourth quarter with many KPIs in the right direction • Most business units developed stable results in Q4 except from a few business units in SC&T • Selective M&A agenda in 2025, strong focus going forward • Strategic initiatives
Slide 17: Q&A
> surrect Q&A