Slide 1: Interim Q2 2026
Interim Q2 2026 INTERIM REPORT Q2 2026 1
Slide 2: Table of Content
1. Highlights TABLE OF 2. Financials CONTENT 3. Summary 4. Q&A INTERIM REPORT Q2 2026 2
Slide 3: Highlights Q2 2026 – Group
Highlights Q2 2026 – Group Record quarter with good underlying organic growth MSEK Net sales and EBITA, excl. IAC*, % 12 000 • Record sales of 10 785 MSEK (+6%) 10 000 11,7% 11,9% 12,2% 12,1% • Organic sales +1% 8 000 • Extremely strong H1 2025 for Cool4U (now organic) and a 6 000 generally very str
Slide 4: Highlights Q2 2026 – Group
Highlights Q2 2026 – Group • OEM segment, organic growth of 25% • Strong growth in our green OEM products from SCM Frigo in both EMEA and APAC MSEK Organic sales per product segment Sales split • Fenagy recorded its highest ever order intake for a quarter 12 000 • SCM Frigo and Fenagy entering Q3 wi
Slide 5: Highlights Q2 2026 – Division EMEA
Highlights Q2 2026 – Division EMEA Good underlying organic growth MSEK Q2 26 Q2 25 Change, % 6M 26 6M 25 Net sales 6 826 6 457 5,7 12 004 11 762 • Division EMEA reported Q2 sales growth of 6% Organic growth, % 1,3 2,2 0,5 2,6 Change through acquisition, % 4,3 14,8 3,5 13,0 • Good organic growth in m
Slide 6: Highlights Q2 2026 – Division APAC
Highlights Q2 2026 – Division APAC Continued double-digit growth in the OEM segment MSEK Q2 26 Q2 25 Change, % 6M 26 6M 25 Net sales 1 520 1 366 11,2 3 135 3 045 • Division APAC reported Q2 sales growth of 7%, excl. FX Organic growth, % 6,1 0,7 4,5 4,0 Change through acquisition, % 1,0 0,7 0,9 1,4 •
Slide 7: Highlights Q2 2026 – Division North America
Highlights Q2 2026 – Division North America Our US platform continues to grow MSEK Q2 26 Q2 25 Change, % 6M 26 6M 25 Net sales 2 471 2 383 3,7 4 273 4 327 • Division North America reported Q2 sales growth of 8%, excl. Organic growth, % -2,9 2,4 -2,3 4,2 FX Change through acquisition, % 10,9 2,7 9,8
Slide 8: Financials Q2 2026
Financials Q2 2026 Organic EBITA EPS change Sales growth growth (change in EBITA, %) (change in %) 6% 5% 5% 1% INTERIM REPORT Q2 2026 8
Slide 9: Financials Q2 2026 – P&L
Financials Q2 2026 – P&L MSEK Q2 2026 Q2 2025 Change, % 6M 2026 6M 2025 Change, % Sales 10 785 10 181 6% 19 334 19 079 1% EBITA 1 301 1 238 5% 2 105 2 070 2% EBITA margin, % 12,1% 12,2% 10,9% 10,9% EBIT 1 241 1 185 5% 1 987 1 963 1% Net financial income/expense -122 -127 -231 -258 Tax -285 -264 -441
Slide 10: Financials Q2 2026 – Earnings per share
Financials Q2 2026 – Earnings per share SEK +3% 2,6 2,4 2,2 2,0 1,8 +5% 1,6 1,4 2,50 2,58 1,2 1,0 0,8 1,56 1,63 0,6 0,4 0,2 0,0 Q2 25 Q2 26 6M 25 6M 26 INTERIM REPORT Q2 2026 10
Slide 11: Financials Q2 2026 – Operating cash flow
Financials Q2 2026 – Operating cash flow MSEK 1 800 1 700 1 600 1 500 1 400 1 300 1 200 1 100 -965 1 000 900 800 1 517 700 600 500 -118 400 -152 300 12 200 293 100 0 EBITDA Working capital CapEx Leasing Other Q2 26 INTERIM REPORT Q2 2026 11
Slide 12: Financials Q2 2026 – Operating cash flow
Financials Q2 2026 – Operating cash flow MSEK 2 000 1 500 1 000 500 635 354 293 0 -196 -500 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 INTERIM REPORT Q2 2026 12
Slide 13: Financials Q2 2026 – Net debt
Financials Q2 2026 – Net debt Net debt Net debt / EBITDA* excl. leasing and pension MSEK Q2 26 Q2 25 2,6 LTM EBITDA excl. IAC 4 826 4 775 2,4 2,2 2,2 LTM EBITDA impact of leasing (IFRS 16) -706 -674 2,1 2,0 2,0 1,9 1,9 LTM EBITDA excl. leasing (IFRS 16) and IAC 4 120 4 101 1,8 1,8 1,8 1,7 1,6 Net de
Slide 14: Summary Q2
Summary Q2 Q2 – Record quarter with good underlying organic growth • Record sales of ~10.8 BSEK (+6%) – organic growth +1% • Underlying organic growth +5%, adjusted for East Europe • Record EBITA of ~1.3 BSEK (+5%) – EBITA margin at 12.1%, in line with all time high EBITA% LY • Seasonally stable ope
Slide 15: Q&A
Q&A INTERIM REPORT Q2 2026 15
Slide 16: Thank you
Thank you INTERIM REPORT Q2 2026 16