Svedbergs Group Ab Class B · OMXSTO:SVED_B
Svedbergs Group Ab Class B — Svedbergs i Dalstorp — Q3 2025 Earnings Presentation
25 slides from Svedbergs Group Ab Class B's earnings presentation, Oct 29, 2025
Slide 1: Svedbergs Group Q3 2025
SVEDBERGS GROUP Q3 2025
Slide 2: Svedbergs Group at a glance
Svedbergs Group at a glance Products within Brands Net sales, SEKm2 bathroom furniture, shower 8 2 184 enclosures, bathtubs, brassware, WCs, mirrors and accessories 4 production EBITA, SEKm2 facilities and sales 312 in 15 countries EBITA-margin2 532 employees1 14,3% 1On average 2024 2The figures ref
Slide 3: Our development
Our development From a well-established market leader in To a well-established market leader in bathroom bathroom products in Sweden furniture in the Nordics and Northern Europe 1920 1962 1997 2016 2020 2021 2023 Today Founded Launch of the first Listing on Nasdaq Acquisition of Acquisition of Acqui
Slide 4: Our business model: Cooperation without confusion
Our business model: Cooperation without confusion Central organisation Cooperation Brand segments Joint management and Synergies Centrally governed Local responsibility Opportunities • Strategy and business development • Purchasing cooperation • Branding and Marketing • Accounting & finance • Leader
Slide 5: Highlights Q3
Highlights Q3 • The third quarter showed strong and profitable growth • Good performance in all segments with increased sales, gross margin and EBITA • All brand companies contributed to organic sales growth, most strengthened margins, and all showed positive EBITA trends — with Roper Rhodes, Macro
Slide 6: Sustainability highlights Q3
Sustainability Driving sustainable change – Key actions this quarter highlights Q3 • Svedbergs Group has been certified as a Great Place to Work • Reduction plans to reach our Scienced Based Targets are in place • Cassøe installs sun panels on building, which covers 100% of their energy use SEP 2025
Slide 7: Net Sales per segment/geography Q3 2025
Net Sales per segment/geography Q3 2025 • Strong sales in Macro Design SE, Cassøe DK, Roper Rhodes UK and Thebalux NL • Roper Rhodes and Thebalux have changed the market mix, Q3 26% in the Nordics (Q2 29%) • Svedbergs segment seems to be stabilized • Roper Rhodes stands for 56%
Slide 8: Net Sales per segment/geography YTD 2025
Net Sales per segment/geography YTD 2025 • Strong sales in Macro Design SE, Cassøe DK, Roper Rhodes UK and Thebalux NL • Roper Rhodes and Thebalux have changed the market mix, YTD 28% in the Nordics • Svedbergs segment seems to be stabilized • Roper Rhodes stands for 53%
Slide 9: Svedbergs (Dalstorp, Västra Götaland, Sweden)
Svedbergs (Dalstorp, Västra Götaland, Sweden) • Turnover 2024: MSEK 393 • FTE (SE, FI, NO, DK)1: 128 • Geography: Nordic Q3-25 Q3-24 Idx YTD 25 YTD 24 Idx Ext sales 82 76 108 293 292 100 EBITA 3 1 245 14 11 133 EBITA% 4,0 1,7 228 5,0 3,7 133 “A room to live and enjoy” 1 Average YTD 2025
Slide 10: Macro Design (Laholm, Halland, Sweden)
Macro Design (Laholm, Halland, Sweden) • Turnover 2024: MSEK 165 • FTE (SE, NO)1: 41 • Geography: Sweden and Norway Q3-25 Q3-24 Idx YTD 25 YTD 24 Idx Ext sales 36 35 103 123 120 103 EBITA 6 3 206 19 11 174 EBITA% 16,4 8,2 200 15,5 9,1 170 “Attractive design, functionality and quality at a lower pric
Slide 11: Cassøe (Herning, Jylland, Danmark)
Cassøe (Herning, Jylland, Danmark) • Turnover 2024: MSEK 86 • FTE (DK)1: 15 • Geography: Denmark and Norway Q3-25 Q3-24 Idx YTD 25 YTD 24 Idx Ext sales 20 19 107 63 66 96 EBITA 3 3 92 11 13 85 EBITA% 15,8 18,3 86 17,3 19,5 89 ”Cassøe markets and distributes designed quality products with the custome
Slide 12: Roper Rhodes (Bath, UK)
Roper Rhodes (Bath, UK) • Turnover 2024: MSEK 1 138 • FTE (UK, IRE)1: 239 • Geography: UK and Ireland Q3-25 Q3-24 Idx YTD 25 YTD 24 Idx Ext sales 298 289 103 899 863 104 EBITA 58 55 105 168 153 109 EBITA% 19,5 19,1 102 18,6 17,8 105 “UK's bathroom brand of choice, by providing excellent and sustaina
Slide 13: Thebalux (Zutphen/Veghel, the Netherlands)
Thebalux (Zutphen/Veghel, the Netherlands) • Turnover 2024: MSEK 401 • FTE (NL)1: 100 • Geography: NL, DE, BE Q3-25 Q3-24 Idx YTD 25 YTD 24 Idx Ext sales 93 94 99 317 305 104 EBITA 20 18 107 76 72 105 EBITA% 21,2 19,5 109 23,9 23,6 101 1 Average YTD 2025
Slide 14: Q3 in numbers
Q3 in numbers — es
Slide 15: Net Sales development Q3 2025
Net Sales development Q3 2025 • Net sales for the quarter amounted to SEK 529 million (512), corresponding to an increase of 3,2 percent compared to the previous year 3,2% • Organic growth 7,1 percent -20 36 529 • Currency negative impact on sales by 512 -3,9 percent Q3 2024 Organic FX Q3 2025
Slide 16: Net Sales development YTD 2025
Net Sales development YTD 2025 • Net sales amounted to SEK 1 695 million (1 646), corresponding to an increase of 3,0 percent compared to the previous year 3% • Organic growth 5,2 percent -36 1’695 85 • Currency negative impact on sales by 1’646 -2,2 percent YTD 2024 Organic FX YTD 2025
Slide 17: Net Sales Development Q3 2025
Net Sales Development Q3 2025 • Net Sales 3,2 percent higher vs PY • Organic growth for all segments (local currency) • Organic growth for the Group positive with 7,1 percent
Slide 18: Profit & Margins Q3/YTD 2025
Profit & Margins Q3/YTD 2025 • Gross Margin and EBITA at a good level in Q3 • High focus on driving growth • High focus on cost control
Slide 19: Cash flow and Financial position 2025
Cash flow and Financial position 2025 • Cash Flow strong! • Operating activities positive impact Q3 YTD Change Change 2025 2024 2025 2024 • Investments assigned to SEKm SEKm Cash flow from operating activities 88 66 22 258 191 68 before changes in working capital production equipment, product Change
Slide 20: Net debt and leverage Q3 2025
2025 2024 2023 YTD YTD YTD Net Debt, Mkr 539 792 596 Net debt and leverage Investments, Mkr Equity Ratio, % 20 53 54 48 21 44 Q3 2025 Return on Capital Employed, % Return on equity, % 17,0 13,3 14,6 10,1 14,3 14,3 Net Debt/EBITDA 1,3 2,3 2,1 EBITDA R12 409 351 284 EPS 2,87 2,31 2,93 • Increased equi
Slide 21: Development Net debt and leverage
Development Net debt and leverage • Net debt and leverage sustainable trend • Net Debt ratio Q3/YTD 2025 1.3 (2.3)
Slide 22: Outlook and summary
Outlook and summary •Solid organic growth of 7% in Q3 •EBITA of SEK 80 million, representing a margin of 15,1% – strong quarterly margin, YTD EBITA 15,1% •Strong performance across the portfolio – all brand companies shows strong EBITA and Gross Margin trends •Robust business model – The decentraliz
Slide 23: Questions
Questions • We will now answer questions live and previously sent to ir@svedbergsgroup.com • To participate, please follow the link in the press release from 15 October, which you find on www.svedberggroup.se under Press.
Slide 24: Thank you! Upcoming events
Thank you! Upcoming events Financial calendar 2026 Per-Arne Andersson, CEO Q4 4 February Ann-Sofie Davidsson, CFO Q1 23 April AGM 28 April Q2 15 July Q3 22 October
Slide 25: Q&A Per-Arne Andersson CEO
Q&A Per-Arne Andersson CEO Ann-Sofie Davidsson CFO