W5 Solutions Ab · OMXSTO:W5
W5 Solutions Ab — Q1 2026 Earnings Presentation
21 slides from W5 Solutions Ab's earnings presentation, May 7, 2026
Slide 1: Interim Report Q1 2026
Interim Report Q1 2026 Evelina Hedskog, President and CEO
Slide 2: Vision and Mission
Vision The leading global provider of sustainable defence technology. Mission We deliver cutting-edge solutions to empower own and allied forces.
Slide 3: Sustainable defence technology
Sustainable defence technology Defending democracy Supporting the defence of free, open and democratic societies. Responsible by design Products engineered for long life and resource efficiency. People and partners Safe, inclusive workplaces and responsible value chains. Guided by standards and regu
Slide 4: A Growing Nordic Defence Company
A Growing Nordic Defence Company Business areas Integration, Training and Power Operations Nordic platform – HQ in Stockholm Organisation 236 FTE Customer base and markets Defence agencies and industry – Nordics and Europe Listing Nasdaq First North Growth Market (since 2021)
Slide 5: Financial Targets & Growth Strategy
Financial Targets & Growth Strategy Financial targets 2027 Growth Journey to 1 000 1 000 Net sales SEK 1 000 m 388 492 EBIT margin 10% 2024 2025 2026 2027 Organic growth (actual) Organic growth (illustrative) Acquired growth (illustrative) 5
Slide 6: Three business areas and seven product areas
Three business areas and seven product areas 6
Slide 7: Integration
B USI NE SS AR E A Integration Business characteristics: ▪ Project-based and tailorized ▪ Modular solutions P R OD U C T A RE A P R OD U C T A RE A ▪ Small – medium sized series Systems integration Shelters
Slide 8: Training
B USI NE SS AR E A Training Business characteristics: ▪ Off the shelf systems ▪ Scalable volumes and shorter PRO DUC T AR EA PRO DUC T AR EA lead times Live Fire Training Live Fire Training ▪ Recurring revenues from software and service offering Defence & Security Sports & Hunting
Slide 9: Power
B USI NE SS AR E A Power Business characteristics: ▪ Project-based and tailorized ▪ Long development and delivery cycles PRO DUC T AR EA ▪ Recurring revenues from PRO DUC T AR EA Batteries PRO DUC T AR EA service offering Gensets & Chargers Simulation
Slide 10: Highlights Q1
Highlights Q1 10
Slide 11: A Strategic Acquisition: KT Shelter
A Strategic Acquisition: KT Shelter Expanded offering Finnish footprint Financial impact ▪ Deployable hangars ▪ Solid Finnish footprint, ▪ Strong financial add additional cutting- providing a new home development edge technology to our market and enabling contributing to portfolio cross-selling fulf
Slide 12: Contract – Main Battle Tank Simulator to KNDS
Contract – Main Battle Tank Simulator to KNDS B U SI N ESS A R EA P OW ER Strategic importance ▪ Tier-1 partnership ▪ Follow-on contract ▪ Long-term commitment Customer Order value KNDS – end customer SEK 126 million Swedish Armed Forces Solution Delivery Simulator cabins for the 2026–2028 Leopard 2
Slide 13: Contract – Shelters to Kongsberg Defence & Aerospace
Contract – Shelters to Kongsberg Defence & Aerospace B U SI N ESS A R EA I NTE GRA TI ON Strategic importance ▪ New OEM customer ▪ New application ▪ Large series Customer Order value Kongsberg Defence & SEK 148 million Aerospace Solution Delivery Shelters for mobile 2026–2027 operator stations
Slide 14: Numbers Q1
Numbers Q1 14
Slide 15: The Group – Highlights & Key Figures
The Group – Highlights & Key Figures (SEK m) Order intake Net sales Clear Progress in Business and Market Position 402 129 ▪ Record-high order intake YoY, strengthening the order book and visibility Order backlog EBIT margin ▪ Increased sales reflecting a good order book 828 0.6% conversion ▪ EBIT p
Slide 16: The Group – Net Sales and EBIT Margin by Quarter
The Group – Net Sales and EBIT Margin by Quarter (SEK m) 250 25% 20% 200 15% 10% 150 5% 100 0% -5% 50 -10% 0 -15% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2023 2024 2025 2026 Net sales EBIT % 16
Slide 17: Operating Segments – Order Intake & Order Backlog
Operating Segments – Order Intake & Order Backlog (SEK m) Integration Training Power 350 70 500 450 300 60 400 250 50 350 300 200 40 250 307 63 458 150 30 200 100 207 20 42 150 39 147 34 100 50 165 161 10 50 27 43 0 0 0 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Order intake Order backlog Order
Slide 18: Operating Segments – Net Sales & EBIT
Operating Segments – Net Sales & EBIT (SEK m) Integration Training Power 60 60 60 50 50 50 40 40 40 30 30 30 55 51 20 20 43 20 34 29 10 23 10 10 6 0 0 -4 4 Q1 2025 -1 Q1 2026 -1 Q1 2025 -6 Q1 2026 0 Q1 2025 Q1 2026 -10 -10 Net sales EBIT Net sales EBIT Net sales EBIT ▪ Net sales includes internal sa
Slide 19: Summary
Summary Key takeaways ▪ Continued strong demand and a growing order book ▪ Increased sales and ramp up of production ▪ Execution of M&A agenda through acquisition of KT-Shelter Priorities ahead ▪ Focus on working capital to support ramp up ▪ Ensure high level of delivery precision and quality ▪ Clos
Slide 20: Q&A – Empowering defence
O&A Empowering defonce
Slide 21: Thank you! Financial Calendar
Financial Calendar Thank you! Annual General Meeting 7 May 2026 ir@w5solutions.com Q2 Interim Report 5 August 2026 Q3 Interim Report 5 November 2026 Year-End Report 2026 18 February 2027