Hexatronic Group Ab · OMXSTO:HTRO
Hexatronic Group Ab — Q1 2026 Earnings Presentation
21 slides from Hexatronic Group Ab's earnings presentation, Apr 29, 2026
Slide 1: Hexatronic earnings call presentation
Q1 2026 Hexatronic earnings call presentation April 29, 2026
Slide 2: Continued organic growth in Data Center and Harsh Environment
Q1 2026 Presentation Continued organic growth in Data Center and Harsh Environment, with Data Center now being the largest EBITA contributor in Hexatronic • Sales of SEK 1.7bn, -2% organic growth. Sales, SEKm • Adjusted EBITA SEK 146m, 8.6% adj. EBITA margin. 1,698 • Strategic shift continues: Data
Slide 3: Q1 2026 Events
Q1 2026 Presentation Q1 2026 Events • Closing initial performance improvement program according to plan. • Announcing acquisition of JOWO Systemtechnik AG. • Streamlining Fiber Solutions Management. Post Q1 2026 Events • Closure of JOWO transaction.
Slide 4: Diversification continues, with Data Center and Harsh Environment accounting for 60% of adjusted EBITA
Q1 2026 Presentation Diversification continues, with Data Center and Harsh Environment accounting for 60% of adjusted EBITA Fiber solutions Engineered Essential services for connected solutions for and solutions for societies challenging data centers conditions 58% of Group sales 17% of Group sales
Slide 5: Fiber Solutions
Q1 2026 Presentation Business Area Fiber Solutions Sales , SEK m -11%* • Net Sales -20% of which -11% was organic. -20% • Continued challenging market in Europe, 1234 1230 1236 1169 exacerbated by cold winter. 982 • Organic net sales growth in the US in the quarter. • Low revenue of Submarine cable
Slide 6: Harsh Environment
Q1 2026 Presentation Business Area Harsh Environment Sales , SEK m * +9% • Organic growth of 9% driven by both dynamic -1% 331 cables and connectivity solutions. 314 310 286 283 • Very strong market in defense, lead time on connectors increasing. • Adjusted EBITA margin at 8.5%, a decline YoY driven
Slide 7: JOWO Systemtechnik AG
Q1 2026 Presentation Harsh Environment JOWO Systemtechnik AG About the company • Based outside of Hamburg, about 90 employees. • Manufacturer and distributor of connectors and related products. • Serving European defense, energy and industrial markets. Strategic rationale • On -strategy, expanding c
Slide 8: JOWO - Transaction structure and purchase price
Q1 2026 Presentation JOWO - Transaction structure and purchase price • Transaction closed April 1. Transaction • 100% of the shares in JOWO Sytemtechnik AG. structure • Fixed purchase price + self-funded Earn-out based on profitability. • Potential earn-out paid in five years of time (2031), based o
Slide 9: Data Center
Q1 2026 Presentation Business Area Data Center Sales , SEKm * + 20 % • Continued rapid growth. +20% • Organic growth of 20%, primarily driven by the 434 US market. 362 369 344 334 • Adjusted EBITA margin of 16.8%, showing sequential improvement and a record quarter in absolute EBITA. YoY margin decl
Slide 10: Financial Summary
Q1 2026 Presentation Financial Summary
Slide 11: Hexatronic Group Financial summary Q1 2026
Q1 2026 Presentation Financial summary Q1 2026 Hexatronic Group 2026 2025 25/26 2025 Net sales decrease of 10% compared to last year SEK m Q1 Q1 ∆% R12 Full year ∆% • Organic sales decrease of 2% Net Sales 1,698 1,882 -10% 7,335 7,519 -2% Adjusted Gross margin % 41.3% 41.6% 39.1% 39.2% • Acquisition
Slide 12: Fiber Solutions
Q1 2026 Presentation Business Area Fiber Solutions 2026 2025 25/26 2025 Sales by geography in Q1 2026 SEK m Q1 Q1 ∆% R12 Full-year Net sales 982 1,234 -20% 4,618 4,870 Adjusted EBITA 61 105 -42% 267 310 North America, 36% Adjusted EBITA % 6.2% 8.5% 5.8% 6.4% Europe, 47% EBITDA 112 167 -33% 378 433 A
Slide 13: Harsh Environment
Q1 2026 Presentation Business Area Harsh Environment Sales by geography in Q1 2026 2026 2025 25/26 2025 SEK m Q1 Q1 ∆% R12 Full-year Net sales 283 286 -1% 1,238 1,241 North America, 39% Adjusted EBITA 24 29 -18% 134 139 Europe, 48% Adjusted EBITA % 8.5% 10.3% 10.8% 11.2% APAC, 13% EBITDA 34 39 -12%
Slide 14: Data Center
Q1 2026 Presentation Business Area Data Center Sales by geography in Q1 2026 2026 2025 25/26 2025 SEK m Q1 Q1 ∆% R12 Full-year Net sales 434 362 20% 1,482 1,409 North America, 43% Adjusted EBITA 73 68 7% 257 252 Adjusted EBITA % 16.8% 18.8% 17.3% 17.9% Europe, 56% EBITDA 78 72 8% 275 269 APAC, 1% EB
Slide 15: Cash conversion at 26% as AR increased after a strong quarter end
Q1 2026 Presentation Cash conversion at 26% as AR increased after a strong quarter end Investments mainly related to Cash equivalent bridge Cash conversion at 26% maintenance SEKm Operating cash flow after WC changes ( SEKm ), % of Capex investments ( SEKm ), % of net sales Cash flow from operating
Slide 16: Continued solid financial position
Q1 2026 Presentation Continued solid financial position Interest -bearing net debt increased by SEK 90m compared to the previous quarter, higher leverage sequentially Continued solid financial position Net debt / adjusted EBITDA pro forma excl IFRS 16, R12* Net debt as of Q1 2026 ( SEKm ) 2,500 1.9
Slide 17: Summary
Q1 2026 Presentation Summary
Slide 18: Q1 2026 – Key takeaways
Q1 2026 Presentation Q1 2026 – Key takeaways • Net sales of SEK 1.7bn, negatively impacted by FX headwinds, with adjusted EBITA margin of 8.6%. • Data Center now the largest EBITA contributor, delivering 20% organic growth, strong US demand and a 16.8% margin. • Harsh Environment delivered solid org
Slide 19: Outlook
Q1 2026 Presentation Outlook Fiber Solutions − Headwinds within European market to persist. − Organic growth in North America driven by the US. − Macro uncertainty causing higher resin and fiber prices. Could put some temporary pressure on margins in Q3 2026. − Strong submarine cable order book for
Slide 20: Q&A
Q&A
Slide 21: KASAAGSAS
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