Berner Industrier Ab Class B · OMXSTO:BERNER_B
Berner Industrier Ab Class B — Redeye Serial Acquirers Conference 2026
17 slides from Berner Industrier Ab Class B's conference presentation, Mar 13, 2026
Slide 1: Berner Industrier – Redeye Serial Acquirers Conference 2026
Berner Industrier Redeye Serial Acquirers Conference 2026 1
Slide 2: Berner Industrier
Berner Industrier • Founded in 1897 by Christian Berner • Listed on the Swedish stock exchange as Christian Berner Tech Trade (CBTT) since 2014, on the main list since 2017 • Changed name to Berner Industrier (BERNER) on May 22, 2024 • Ca 1 BSEK revenue • Ca. 250 employees • Ten subsidiaries across
Slide 3: Berner Industrier
Berner Industrier • Exposure to strong and growing markets with sustainability at its core • Strong positions in selected market niches 3
Slide 4: Berner Industrier focuses on the critical challenges
Berner Industrier focuses on the critical challenges Global challenges Mitigated through Berner Industrier examples Increasing regulations Digitalization Increased urbanization Resilient and efficient infrastructure Screw presses give energy Increasing demands efficient sludge dewatering from citize
Slide 5: Two business areas at the heart of the challenges of today
Two business areas at the heart of the challenges of today Technology & Distribution Energy & Environment The business area focuses on advice and value-added distribution The business area includes value-added distribution of pumps as of leading products within e.g., well as own products within e.g.
Slide 6: Berner Industrier
Berner Industrier • Exposure to strong and growing markets with sustainability at its core • Strong positions in selected market niches • Decentralization contributes to increased profitability 6
Slide 7: Berner Industrier
Berner Industrier • Exposure to strong and growing markets with sustainability at its core • Strong positions in selected market niches • Decentralization contributes to increased profitability • High cash generation enables continued acquisition- driven growth 7
Slide 8: Growth through organic development & acquisitions
Growth through organic development & acquisitions Previously, the acquisition focus was limited Focus since 2022 to develop the group’s own ability by the access to external cash to generate cash for investments • Until 2017, acquisitions predominantly of agents / smaller • The cash flow engine of t
Slide 9: Growing business with increasing profitability
Growing business with increasing profitability 1 % organic growth in 2025 Continued margin expansion 6 % CAGR since 2019 with increasing gross margin. following the changes during 2024 9
Slide 10: Strong cash flow gives room for acquisitions
Strong cash flow gives room for acquisitions 10
Slide 11: Strong cash generation in the group, stabilized at high level
Strong cash generation in the group, stabilized at high level Significant increase in cash flow from the business – Above 25 % return on equity(2) cash generation of 96 % 2025 Company target > 25 % 1) Cash generation defined as cash flow from operating activities / operating profit (EBIT) – here inc
Slide 12: Acquisitions in recent years
Acquisitions in recent years Year Company Business Area Description Country Sales when acquired 2025 Energy & Environment Screw presses for sludge dewatering etc. Sweden 60 MSEK 2024 2026 Energy & Environment Low shear water pumps and valves Norway 16 MNOK 2024 2026 Jernbro Water Add-on to Autofric
Slide 13: Summary – Investment case
Summary – Investment case Berner Industrier • Exposure to strong and growing markets with sustainability at its core • Strong positions in selected market niches • Decentralization contributes to increased profitability • High cash generation enables continued acquisition- driven growth • Committed
Slide 14: 2025: A record year for the group
2025: A record year for the group Full year 2025 (2024), all in SEK millions • Order intake 1 066 (945) + 13 % Profit per share • Net sales 1 000 (963) +4% • EBITA • EBITA-margin 100 (59) 10 % (6 %) + 70 % + 4 %-pts. + 93 % • Profit per share 3.79 (1.96) + 93 % • Cash flow from operating activities
Slide 15: EBITA CAGR + 34 %, Cash flow CAGR + 44 % since 2021
EBITA CAGR + 34 %, Cash flow CAGR + 44 % since 2021 2021 2022 2023 2024 2025 Average 2021 – 2025 EBITA 31 41 70 59 100 EBITA growth + 31 % + 72 % - 15 % + 70 % + 34 % 2021 2022 2023 2024 2025 Average 2021 – 2025 Cash flow from 22 25 82 105 95 operating activities Op. CF growth + 12 % + 225 % + 29 %
Slide 16: Updated financial targets communicated on Feb 6th 2026
Updated financial targets communicated on Feb 6th 2026 Target Comments Outcome 2025 Net sales growth > 10 % Unchanged +4% • Average net sales growth should be at least 10 percent per year over a business cycle EBITA growth New target + 70 % • Average growth in EBITA should be at least 15 percent per
Slide 17: BERNER INDUSTRIER
o BERNER INDUSTRIER
Berner Industrier — Redeye Serial Acquirers Conference 2026 on 6ix