Itab Shop Concept Ab · OMXSTO:ITAB

Itab Shop Concept Ab — Q2 2026 Earnings Presentation

19 slides from Itab Shop Concept Ab's earnings presentation, Jul 16, 2026

  1. Slide 1: Interim Report Q2 2026

    Interim Report Q2 2026 ITAB Group 16 JULY 2026 P. 1 © ITAB Group 2026. All rights reserved. P. 1

  2. Slide 2: Agenda

    Agenda Introduction of Björn Borgman (new CEO) Highlights Q2 2026 Interim Report Q2 2026 First impressions & Priorities going forward Questions P. 2 © ITAB Group 2026. All rights reserved.

  3. Slide 3: Introduction – Björn Borgman

    Introduction – Björn Borgman New President & CEO of ITAB Group since 1 May 2026 Background: HL Display 11 years as CEO / Group Commercial Director Similar customer base, geographies and business model as ITAB 8 consecutive years of profit growth Successful acquisition journey with 12 add -ons Reckit

  4. Slide 4: Highlights Q2 2026

    BJÖRN BORGMAN Highlights Q2 2026 . P. 4 © ITAB Group 2026. All rights reserved.

  5. Slide 5: Highlights Q2 2026

    Highlights Q2 2026 Earnings development in line with the previous year Q2 2026 Rolling 12 months Earnings in line with 2025. Net sales 3,201 MSEK Strong start in Nordics, while Italy, Net sales 12,842 MSEK (13,270 MSEK in 2025)* ( -1% currency adjusted) UK and Middle East had a negative impact. EBIT

  6. Slide 6: Interim Report Q2 2026

    ANDREAS HELMERSSON Interim Report Q2 2026 . P. 6 © ITAB Group 2026. All rights reserved.

  7. Slide 7: Q2 sales and margins at level with last year, and net profit being up

    PRO FORMA Q2 sales and margins at level with last year, and net profit being up 39 MSEK through lower restructuring costs, lower financial expenses, and improved tax rate Net sales and adjusted EBITA ( MSEK, %) 13,279 13,270 ~12,500 12,842 Second quarter PF Full year PF MSEK Q2 2026 Q2 2025 Δ 2026 R

  8. Slide 8: Q2 Net Sales declined marginally, while gross margin was at level and EBITA slightly better than last year

    PRO FORMA Q 2 Net Sales declined marginally , while gross margin was a t level and EBITA slightly better than last year Net Sales, MSEK Adj Gross Profit*, MSEK Adj EBITA**, MSEK -1,3% 1.000 4.000 300 1.000 3.221 810 4.000 13.549 14.000 3.062 800 12.842 800 800 13.000 3.000 3.000 200 12.000 600 600 2

  9. Slide 9: In Q2, sales improved in core customer groups such as Grocery and Home

    In Q 2 , sales improved in core customer groups such as Grocery and Home, while Fashion and Health & Beauty faced headwinds Net sales by customer group excl. countries with hyperinflation 1 at fixed currency rate , MSEK ► ITAB business has become more 1.800 +7% diversified through the 1.600 HMY acqu

  10. Slide 10: Sales performance was also mixed depending on geography

    Sales performance was also mixed depending on geography: Spain, France and Nordics improving compared to LY with other geographies performing lower Net sales by geographical region excl. countries with hyperinflation 1 at fixed currency rate, MSEK 1.800 +7% ► Strong performance in Southern ► Headwin

  11. Slide 11: Q2 impact from cost increases and low sales volumes mitigated by cost synergies

    Compared to LY, Q2 impact from cost increases and low sales volumes, especially in Italy and UK, were mitigated by cost synergies EBITA* bridge, MSEK 5.4% 5.6% 7 -1 ► Nordics , Spain and France sales -3 2 ► Procurement and SG&A Synergies ► FX impact 180 175 ► Italy and UK sales ► Material, freight a

  12. Slide 12: Operating cash flow slightly down due to working capital

    Operating cash flow slightly down due to working capital – main impact from AR due to Q2 sales +272 MSEK relative Q1 (% of R12 sales at 11% similar to LY) Working Capital % of sales Operating cash flow, M SEK +458 18 17% 973 17% 821 16 16% +1% 914 14% 746 14 677 785 12% 624 12 586 11% 11% 323 456 10

  13. Slide 13: Net Debt now at 2,424 MSEK, down 553 MSEK since LY

    Net Debt now at 2,424 MSEK, down 553 MSEK since LY, but up from last quarter driven by working capital Quarterly Net Debt excluding Leasing, M SEK Quarter Net Debt bridge excluding Leasing, M SEK 3,500 -553 0 -2,167 2,500 -2,000 262 -314 -2,100 2,424 2,977 1,500 2,424 -2,200 -34 -41 -2,300 -56 500 0

  14. Slide 14: We have executed on ~50% of annualized potential synergies

    We have executed on ~50% of annualized potential, although not fully seen bottom line due to volume impact, EuroShop costs, and US/Iran conflict Synergy potentials and execution progress Total target and progress Area Progress Activities done Activities ongoing Spend consolidation and Continued re -

  15. Slide 15: First impressions & Priorities going forward

    BJÖRN BORGMAN First impressions & Priorities going forward . P. 15 © ITAB Group 2026. All rights reserved.

  16. Slide 16: First impressions

    After two months First impressions Intensive onboarding , visiting all major sites in Europe, meeting employees, customers and visiting >200 stores Engaged and experienced team with impressive local customer focus Strong and future proof dual strategic position Leading shopfitter with position of st

  17. Slide 17: Going forward: Main priorities

    Main priorities Going forward Profitability ahead of growth Commercial, Operations and Group Lower cost structure to mitigate project fluctuations and challenge low profitability business Leverage mix effect in line with strategy (Retail Tech & Service s) Continued focus on synergy realization (30M€

  18. Slide 18: Questions?

    Questions? P. 18 © ITAB Group 2026. All rights reserved.

  19. Slide 19: Rethink Retail. Together.

    Rethink Retail. Together. (TAB | sum | wf | ies)

ITAB Shop Concept — Q2 2026 Earnings Presentation on 6ix