Slide 1: Q3 2025: Landmark acquisition (BMK)
Q3 – 2025 Landmark acquisition (BMK) Delivering on targets Foundation laid for HANZA 2028 Audiocast October 28th, 2025 Erik Stenfors, CEO Lars Åkerblom, CFO 1
Slide 2: Agenda
Agenda Progress report Sustainability and Financials Conclusions & Outlook Q&A 22 HANZA Q3 2025
Slide 3: Recent highlights
Expansion in Sweden A new 8,800 sqm assembly hall opened in Töcksfors in Recent highlights Feb 2025 (picture). The next expansion in Årjäng is expected to open in Q1/26. Sweden: Capacity expansion continues, new expansion of building underway in Årjäng. Finland/Baltics: Leden integrated, and sal
Slide 4: The LYNX program: Building capacity for Europe's defense industry
The LYNX program: Building capacity for Europe’s defense industry March 2025 July 2025 October 2025 Launch of LYNX program Acquisition of Milectria Opening ceremony To increase manufacturing capacity A dedicated platform for the LYNX Completing the deal with a well-attended for the defense industry
Slide 5: The BMK acquisition
Landmark acquisition completes HANZA 2025 The BMK A German EMS giant with a unique ability to handle a wide variety of acquisition products in high volumes, with world-class quality. With this acquisition, HANZA completes the strategic sub-plan “HANZA 2025,” aimed to create five well-balanced manufa
Slide 6: BMK – European leader in Electronics Manufacturing Services
BMK – European leader in Electronics Manufacturing Services Founded 1994, headquartered in Augsburg, Germany. Sales, ca 300 MEUR, operating margin, ca 7.3%, staff ca 1 500 p. Main site in Augsburg (ca 1,200 employees), additional units in the Czech Republic, Israel, and China. Leading quality (defec
Slide 7: Full balance in Europe
At BMK closing Annual sales ~10 bn SEK, ~5,000 colleagues Full balance in Europe Finland ~ 700 p Complete technologies, balanced footprint. Sweden ~700 p Five well-balanced European Manufacturing Baltics ~ 1,200 p Clusters (group of factories) Three Customer Gateways (dedicated Central Europe custom
Slide 8: Sustainability, main activities in Q3
Sustainability, main activities in Q3 Energy use (MWh/MSEK) Hazardous waste (ton/MSEK) Preparations for upcoming initiatives and 2023 reporting requirements. The focus has 2023 0.23 0.22 2024 0.21 shifted to strategic initiatives that strengthen 2024 10.15 11.6 2025 Jan-Sep 2025 Jan-Sep our long-ter
Slide 9: Q3 Financials
Q3 Financials Sales (MSEK) Sales 1500 Net sales increased 27%, and reached 1 404 MSEK, driven by the 1250 acquisition of Leden and organic growth of 2% 1000 Q3 is the weakest quarter for sales and profitability due to 750 vacation period 500 The upper graph shows the sales development in Q3 since th
Slide 10: Q3 Financials
Investments, excl acquisitions 80 Q3 Financials 60 40 Cash flow Cashflow from operations amounts to 61 MSEK (114). 20 New projects reduce cash flow due to the need for materials The decrease of investments continued. In Q3 the investments in fixed 0 assets excluding acquisitions amounted to 32 MSEK
Slide 11: Q3 Financials
Q3 Financials Segment Main markets Net sales up 29% to 807 MSEK (626). Sales up 3% adjusted for acquisitions and currency. Adjusted operating profit totaled 55 MSEK (56), corresponding to an operating margin of 6.8% (8.9) and for comparable units was 8.4%. Delivery challenges (see prev. slide) in Le
Slide 12: BMK acquisition
BMK acquisition The transaction is structured as a share Shareholders representing ca 28% of votes, have exchange, based on a relative valuation. committed to support the transaction at the EGM The parties have agreed on a value of BMK that At closing, BMK’s interest bearing net debt will correspond
Slide 13: Financial impact
Sales development 2009-2025, MSEK (2025, pro forma) Financial impact HANZA BMK P&L 10,000 HANZA and BMK Group pro forma sales 2025 is approx. 10 bn. SEK. 9,000 BMK operating margin is approx. 7.3% in 2025. The acquisition is expected to increase earnings per share. 8,000 Balance sheet 7,000 The net
Slide 14: Conclusions and Outlook
HANZA to become Europe’s largest listed contract manufacturer Conclusions and Outlook Sales (bn SEK) End of HANZA 2025 – Start of HANZA 2028 10 Key Take-Aways Outlook 8 Organic growth expected to Comparable margin 8.0% in Q3. Strong financial position maintained, increase from Q4 2025 on net debt/EB
Slide 15: Q&A
Q&A 15 15 HANZA Q3 2025
Slide 16: www.hanza.com
Manufacturing Made easy TM www.hanza.com 16 16 HANZA Q3 2025
Slide 17: Disclaimer
Disclaimer This presentation and the information contained herein are being presented by HANZA Holding AB (publ) (the “Company”). By attending a meeting where this presentation is presented, or by reading this presentation, you agree to be bound by the following limitations and notifications. This pr