Komplett Asa · OSL:KOMPL
Komplett Asa — Q3 2025 Earnings Presentation
24 slides from Komplett Asa's earnings presentation, 2025
Slide 1: Komplett Group Q3 2025
ve KOMPLETT’GROUP EO Thomas Rokke, CRO
Slide 2: Disclaimer
|Disclaimer This presentation has been prepared by Komplett ASA (the “Company’) solely for information purposes. The presentation does not constitute an invitation or offer to acquire, purchase or subscribe for securities. This presentation includes forward-looking statements which are based on our
Slide 3: Highlights, Operational update, Financial performance, Summary and outlook, Appendix
Highlights Operational Financial Summary Appendix for 03-25 update performance and outlook s KOMPLETT’GROUP
Slide 4: Highlights
Highlights for 03-25 Ros-Marie Grusén, CEO
Slide 5: Q3-25 Key financials
03-25 Key financials Progress in key financial metrics Operating revenue: Gross margin: NOK 3 842 million Q3-24: NOK 3755 million Opex share incl. depreciation: 13.9 per cent 03-24: 12.7 per cent EBIT (adj.): 13.8 per cent 03-24: 13.9 per cent Net working capital: NOK 3 million Q3-24: NOK -46 millio
Slide 6: Operational update
Operational update Ros-Marie Grusén, CEO
Slide 7: Q3-25 Highlights: Continued market improvement
03-25 Highlights Continued market improvement YoY growth in per cent Market! YoY growth in per cent | — Sep Oct Nov Dec Jan Feb Mar. = Apr May = Jun Jul-Aug Sep. — — Shit Prin Shit Yin Black Week Fasteroliays s KOMPLETT’°GROUP * Continued market progress across both Sweden and Norway - Broadly based
Slide 8: Komplett: Continued solid performance
Komplett Continued solid performance KOMPLETT* Good momentum, supported by recent product launches and strong seasonal sales Recent cost and efficiency measures yielding effects as intended Good traction for B2B loyalty programme and reinforced sales team targeting the larger SME segment KOMPLETT’°G
Slide 9: Webhallen: Consolidation measures completed
Webhallen Consolidation measures completed ‘webhallen eee Consolidation of back-office functions across Webhallen and NetOnNet completed Broader product assortment following warehouse integration Store upgrade programme continues - new store openings at Frdlunda Torg and Bredden (Infracity) KOMPLETT
Slide 10: NetOnNet: Renewed customer proposition
NetOnNet Renewed customer proposition net@net Repositioned brand profile emphasising “Everyday low prices” and commercial optimisation Improved customer offering and -journey online Measures implemented to increase efficiency involving staff reductions in Sweden and Norway KOMPLETT’°GROUP 10
Slide 11: Financial performance
O35 Financial performance Thomas Rokke, CFO
Slide 12: Key financials
Key financials Stable sales and margin growth Revenue 3755 3.842 C23) moe pw 03-24 03-25 Operating expenses! (adj.) 42 430 20%) 03-24 03-25 Including depreciation and amortisation, Excluing one-off costs s KOMPLETT’°GROUP Gross profit 4768 03-24 534 03-25 EBIT (adj.) -46 03-24 03-25 Sales increase o
Slide 13: B2C: Strong margin progress
B2C Strong margin progress Revenue up 5.6 per cent YoY (+3.3 per cent LFL) 3677 - Revenue growth driven by Norway, with growth of +17.4 per cent, Il Revenue(NOK million) with tailwind from recent product launches and store opening. 2686 @ Gross margin (%) 2543 2343 2509 - Sweden down-1.7 per cent, h
Slide 14: B2B: Broad-based improvement
B2B Broad-based improvement 417 422 436 366 IM Revenue(NOK million) 329 @ Gross margin(%) 03-24 04-24 1-25 02-25 03-25 I _EBIT (NOK million) 23 © EBIT margin(%) 14 3-24 04-24 Q1-25 2-25 3-25 @kompert’ 1RONSTONE s KOMPLETT’°GROUP * Revenue increased by 4.5 per cent (+4.2 per cent LFL) - Sales in Norw
Slide 15: Distribution: Profitability maintained
Distribution Profitability maintained 795 786 720 Bl Revenue (NOK milion) 593 @ Gross margin(%) 660 03-24 04-24 02-25 3-25 8 I EBIT (NOK million) @ EBIT margin(%) 93-24 04-24 Qr25 92-25 93-25 @itegra s KOMPLETT’°GROUP * Revenue down9.5 per cent (-9.6 per cent LFL) - Norway revenue declined by 9.8 pe
Slide 16: Cash flow and working capital
Cash flow and working capital Net working capital improvements on inventory reductions Net cash flow from operating activities Net cash used in investing activities Net cash used in financing activities Net change in cash and bank deposits Net working capital Inventory Trade receivables - regular Tr
Slide 17: Financial position
Financial position Continued solid liquidity Liquidity reserve Net interest-bearing debt 1156 1169 1378 ain» 03-24 03-25 03-24 03-25 Leverage ratio 3.9x 3.8x 3.4x 3.0x 2.5x 03-24 04-24 Q1-25 02-25 03-25 NIBD/LTM EBITDA s KOMPLETT’°GROUP Solid liquidity reserve of NOK 1169 million at quarter-end - Im
Slide 18: Summary and outlook
Summary and outlook Ros-Marie Grusén, CEO
Slide 19: Key takeaways
Key takeaways Signs of continued progress in 03 fs KOMPLETT’°GROUP Sales growth of 2.3 per cent YoY, supported by positive market dynamics and commercial initiatives Gross profit uplift of 12.3 per cent, partly due to positive mix effects and arebalanced campaign and price policy Operating expenses
Slide 20: Outlook
Outlook Positioned to leverage improving market dynamics KOMPLETT’°GROUP Income and spending behaviour supported by improving macroeconomic conditions Positive effects from recent product launches expected to continue into the coming period Solid commercial plans for a successful peak season, includ
Slide 21: Photo: Bjorn Wad
Photo: Bjorn Wad
Slide 22: Appendix
Appendix
Slide 23: Alternative Performance Measures (APMs)
| Alternative Performance Measures (APMs) The APM used by Komplt Droup ar eto Gross prot: Total operating evenie es cost ot nooo Tha ors na presente etm eceuretcansdesitobesuseiulmastretoshouthe management slew ante vera tue ott generation before operating expencsin te eoup operations. ‘rossmargie-G
Slide 24: Photo: Bjorn Wad
Photo: Bjorn Wad