Bufab Ab · OMXSTO:BUFAB
Bufab Ab — Q3 2026 Earnings Presentation
20 slides from Bufab Ab's earnings presentation, Oct 23, 2026
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: Q3 highlights
DC IRON 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 Erik Lundén President & CEO
Slide 3: Q3 highlights – strong organic growth and record margins
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 2 R E P O R T Q3 highlights – strong organic 2,500 50 growth and record margins 2,000 1,880 1,917 2,236 40 1,500 30 32.7% 34.3% 30.6% • Continued execution on our strategy with a strong focus on value 1,000 20 creation for our customers 500 10 •
Slide 4: Financial highlights
DC IRON 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 Marcus Söderberg CFO
Slide 5: Strong organic growth, driven by increased market shares and improved underlying demand
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 Strong organic growth, driven by increased market shares and improved underlying demand Net sales by quarter Growth development in the quarter 2,500 10.0 2,250 2,236 2,222 2,265 2,236 2,200 9.0 1,931 2,150 9.5% 2,000 1,917 8.0 2,100
Slide 6: Strong gross margin momentum and continued cost control
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 Strong gross margin momentum and continued cost control Gross Profit Margin Opex & Opex in percent of Net Sales 35.0 500 30 34.5 34.3% 419 419 405 25 34.0 33.8% 400 391 363 33.5 33.2% 32.9% 20 33.0 32.7% 300 21.7% 18.9% 18.5% 18.1%
Slide 7: Record-high operating margin
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 operating margin EBITA adjusted and EBITA margin adjusted 400 18 • Strong topline, increased gross margin in 340 349 combination with good cost control led to a clear 350 333 improvement in the adj. operating margin to 1
Slide 8: Higher cash flow, mainly explained by improved 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 Higher cash flow, mainly explained by improved results Cash flow from operating activities, MSEK Cash flow from operating activities, MSEK 450 -71 400 97 370 370 337 8 350 305 300 293 250 224 201 200 150 100 50 0 Operating Non Cash
Slide 9: Net Debt/EBITDA improved to 2.2
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 to 2.2 Net Debt, MSEK Adjusted Net Debt/EBITDA Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 2.8 2.6 2.5 2.5 2.4 2.4 2.4 2.3 2.2 Net Fin debt 2,330 2,815 2,721 2,859 2,785 Leasing 597 2,927 622 658 617 632 3,432 3,343 3,491
Slide 10: Regional highlights
DC IRON 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 11: 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 1,000 50 Region Europe North & East 800 668 654 675 40 600 30 33.3% 35.2% 29.4% 400 20 • Total growth was 3.2%, of which organic growth was 3.0% 200 10 • Strong demand in defence, digital infrastructure and electrification while dem
Slide 12: 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 900 45 Region 741 40 Europe West 750 35 600 443 533 30 25 450 28.3% 25.6% 25.9% 20 • Total growth was 39.0%, of which 25.2% was acquisitions 300 15 and 14.2% was organic growth 10 150 5 • Strong demand in mechatronics, aerospace ele
Slide 13: 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 400 80 Region 70 Americas 300 248 257 240 60 50 200 40 44.8% • Total growth was -6.6%, of which organic growth was -8.0% 35.2% 41.4% 30 100 20 • The negative organic growth was due to refunds of previously 10 paid customs duties, lo
Slide 14: 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 500 50 Region 444 UK & Ireland 409 400 370 40 300 35.7% 30 33.1% 33.3% • Total growth was 20.2% of which 13.4% was the acquisition of 200 20 D.C. Iron and organic growth was 5.4% 100 10 • TIMCO delivered robust sales despite weak co
Slide 15: 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 150 50 135 Region Asia-Pacific 120 110 102 37.4% 40 90 30 30.6% 31.4% • Total growth amounted to 32.0%, of which organic growth 60 20 was 28.4%. 30 10 • Strong growth within energy and industrial automation solutions impacting espec
Slide 16: Customer case: Growing our partnership with Knorr-Bremse
Customer case: Growing our partnership with Knorr-Bremse KNORR-BREMSE & THEIR NEEDS • Global braking systems leader • Simplifying a complex C-Part supply chain HOW BUFAB CREATES VALUE • One partner from sourcing to logistics • Tailored solutions reducing complexity and cost FURTHER VALUE CREATION &
Slide 17: Group news
DC IRON 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: Summary, outlook & priorities
DC IRON 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 Strong quarter with organic growth of 6.5% and record-high gross and operating margins Despite geopolitical uncertainty, we experienced slight improvement in market conditions Somewhat hig
Slide 19: Bufab's Capital Markets Day
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 Welcome to Bufab’s Capital Markets Day on December 10, 2026, in Stockholm. Hotel Miss Clara by Nobis Register by e-mail: sofie.unnersjo@bufab.com
Slide 20: Q&A
DC IRON 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