Slide 1: Fourth quarter 2025
Forth quarter 2025 April 29, 2022 February 11, 2026 Carl-Johan Zetterberg Boudrie, CEO & President CEO Peter Heuman and CFO David Granath
Slide 2: Quarterly Highlights
Quarterly Highlights Q4 Key Figures, SEKm 2025 2024 % • Positive development of net sales with +6.3% Net sales 230.9 228.9 0.9% adjusted for currency Net sales growth % 0.9% 14.8% Gross margin % 43.7% 44.4% • Strong free cash flow generated in Q4, SEK 30.4m EBITDA 27.0 43.8 -38.4% (16.6), supporting
Slide 3: Sales and Gross Margin Q4 2025
Sales and Gross Margin Q4 2025 Net Sales & Gross Margin SEKm 250 +0.9% 50% • Net sales increased 0.9% to SEK 230.9m (228.9) 200 (increased +6.3% adjusted for currency) 45% 150 • Service sales decreased slightly to SEK 163.8m 40% 228.9 230.9 (165.9) due to service sales decrease in UK and less 100 fin
Slide 4: Market Highlights – Nordic & United Kingdom
Market Highlights – Nordic & United Kingdom NORDIC UNITED KINGDOM SEKm SEKm 120 45% 90 50% +7.0% -5.2% 8% 80 100 70 45% 80 40% 60 50 44% 60 40% 40 80.8 56% 101.1 76.6 94.5 40 35% 30 35% 92% 20 20 10 Services Products Services Products 0 30% 0 30% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 2024 Q1 20
Slide 5: Market Highlights – Netherlands and Other Markets
Market Highlights – Netherlands and Other Markets NETHERLANDS OTHER MARKETS SEKm SEKm +8.8% -7.2% 25 65% 35 65% 11% 30 20 60% 60% 22% 25 15 55% 55% 20 23.7 31.8 21.8 15 29.5 10 50% 50% 10 78% 5 45% 89% 45% 5 Services Products Services Products 0 40% 0 40% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 2
Slide 6: Profitability Q4 2025
Profitability Q4 2025 SEKm EBITDA and EBITDA% 50 20% • EBITDA amounted to SEK 27.0m (43.8), corresponding 40 15% to an EBITDA margin 11.7% (19.1%) 30 10% • EBIT amounted to SEK 8.3m (26.5), corresponding to an 20 43.8 EBIT margin 3.6% (11.6%) 27.0 5% 10 • EBIT was impacted by: 0 0% Q4 2024 Q1 2025 Q2
Slide 7: Cash Flow Q4 2025
Cash Flow Q4 2025 Free Cash Flow per quarter and rolling twelve months SEKm • Cash flow from operating activities increased to SEK 40 60 69.4m (35.1) • Free cash flow improved to SEK 30.4m (16.6) supported 30 36.9 41.2 40 by improved working capital 20 • Investments amounted to SEK 39.0m (18.6) due to
Slide 8: Annual summary & comparisons key figures
Annual summary & comparisons key figures NET SALES and NET SALES GROWTH SEKm 1,000 50% • Careium delivered sales of SEK 854m (871). Adjusted 800 40% for currency sales increased 0.9% 30% 600 20% • EBIT decreased to SEK 49m (84) following investments 400 825 871 854 10% in sales and development. EBIT
Slide 9: Concluding Remarks
Concluding Remarks Q4 - Positive Q4 - Challenges Q4 – Priorities Ahead • Continued growth with 6.3% • UK gross margin • Several initiatives started to unlock adjusted for currency effect Careium’s market potential • Negative pressure on EBIT • Product sales continued to grow in • Technology • Despite
Slide 10: Q&A
Q&A Next report: April 23, 2026
Slide 11: Disclaimer
Disclaimer This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including global eco
Slide 12: @careium
@careium