Qben Infra Ab · OMXSTO:QBEN
Qben Infra Ab — Q2 2026 Earnings Presentation
11 slides from Qben Infra Ab's earnings presentation, Aug 31, 2026
Slide 1: Second quarter 2026 result presentation
Second quarter 2026 result presentation 31 August 2026 Qben Infra AB
Slide 2: Important information
Important information This Presentation includes and is based, inter alia, on forward-looking information and statements relating to Although Qben Infra AB believes that its expectations, estimates and projections are based upon reasonable the business, financial performance and results of Qben Infr
Slide 3: Quarterly highlights Q2 2026
Quarterly highlights Q2 2026 REVENUE* EBITA ADJ.* ORDER INTAKE ORDER BACKLOG SEK 344m SEK 6m SEK 564m SEK 837m +38% YoY +113% YoY +64% YoY Q2 2025: SEK 249m Q2 2025: SEK -9m Q2 2025: SEK 265m Q2 2025: SEK 510m HI G HLI G HT S Acquisition of B45 Anlegg A specialist contractor strengthening Qben's inf
Slide 4: Group financials ex. IFRS 5
Group financials ex. IFRS 5 Q2 2026 KEY TAKEAWAYS SEK MILLION UNLESS STATED Revenue +38% YoY Q2 2026 Q2 2025 YTD 2026 YTD 2025 SEK 344m vs SEK 249m, lifted by Power volumes and the consolidation of B45 Anlegg. Revenue 344 249 561 478 EBITA adj. back in positive territory EBITA -24 -10 -75 -39 SEK 6m
Slide 5: Power financials
Power financials Quarterly revenue and EBITA margin development in the Power division REVENUE (BARS, SEK MILLION) AND Adj. EBITA MARGIN (LINE, %) 450 20% COMMENTARY 12,0% 10,0% 400 Record quarterly revenue 6,0% 10% 3,0% 4,0% 350 SEK 221m, +28% YoY and +29% QoQ — the 0% highest print in the series. 3
Slide 6: Inspekt financials
Inspekt financials Quarterly revenue and EBITA margin development in the Inspekt division REVENUE (BARS, SEK MILLION) AND Adj. EBITA MARGIN (LINE, %) 20% COMMENTARY 140 6,3% 10% Growth is consistent 120 0,3% SEK 62m, +38% YoY and +27% QoQ; five -3,4% 0% quarters of unbroken sequential growth. -9,0%
Slide 7: Order backlog and book-to-bill
Order backlog and book-to-bill The entry of B45 and the Bømlo project turned the tide on order intake ORDER BACKLOG END OF QUARTER (BARS, SEK MILLION) AND BOOK -TO-BILL (LINE, X) ORDER INTAKE Q2 2026 1,99x 2000 2,0x SEK 564m 1,6x +113% YoY 1500 1,22x Power SEK 555m +120% YoY 1,17x 1,2x Inspekt SEK 9
Slide 8: The way ahead
The way ahead From complexity to lean and focused operations that create shareholder value 1 Focus 2 Grow 3 Create value • New management in place • Organic growth in attractive • 8-10% EBITA margin Nordic niche markets • Focus portfolio on core • Stronger cash conversion infrastructure services • S
Slide 9: Financial outlook
Financial outlook After a challenging H1, the order backlog supports a stronger H2 and further growth in 2027 H2 2026 EST 2027 EST Power OUR AMBITION Net sales SEK 600m SEK 1,100 – 1,300m Profitable growth, stronger EBITA SEK 36 – 48m SEK 90 – 130m cash generation and a more EBITA margin 6 – 8% 8 –
Slide 10: Continued deleveraging
Continued deleveraging Debt reduction and the non-core divestment materially strengthen the balance sheet QBEN CAPITAL STRUCTURE — SEK MILLION 3000 COMMENTARY Debt down 53% since Q2 2025 2500 Gross debt reduced from SEK 2,068m to SEK 974m over four quarters. 2000 1500 Team Bygg divestment Will remov
Slide 11: Questions
Questions Qben Infra AB · Second quarter 2026 result presentation