Slide 1: Q2 2025: Increased order intake and improved earnings in an uncertain market
Q2 2025 Increased order intake and improved earnings in an uncertain market July 15, 2025
Slide 2: Jenny Sjödahl, President & CEO; Joakim Laurén, CFO
Jenny Sjödahl Joakim Laurén President & CEO CFO
Slide 3: Agenda July 15, 2025
AGENDA JULY 15, 2025 Business Update Jenny Sjödahl Financial Performance Joakim Laurén Concluding Notes and Outlook Jenny Sjödahl Q&A
Slide 4: Business Update for the quarter
Business Update for the quarter Market still affected by uncertainty regarding conditions for international trade. Order intake increased 16% where both business entities grow - Westermo at +22% and Beijer Electronics at +5%. The acquired company Welotec was added as from June. Organic order int
Slide 5: Business Update for the business entities
Business Update for the business entities Westermo Orders at +22% and organically at +15% with good growth in Train and Trackside segments while Energy at stable levels. Welotec started well and integration activities ongoing. The stronger joint offering meeting positive market response. Sales
Slide 6: Ependion orders and sales
Ependion 750 Orders 3 000 750 Sales 3 000 700 2 800 700 2 800 650 2 600 650 2 600 600 2 400 600 2 400 550 2 200 550 2 200 500 2 000 500 2 000 450 1 800 450 1 800 MSEK by LTM MSEK by LTM MSEK by Qtr MSEK by Qtr 400 1 600 400 1 600 350 1 400 350 1 400 300 1 200 300 1 200 250 1 000 250 1 000 200 800 20
Slide 7: Ependion Q2 financial summary
Ependion Q2 Q2 YTD YTD FY MSEK % % 2025 2024 2025 2024 2024 Comments to Q2 Order intake 558.4 482.8 16% 1,109.0 1,010.3 10% 2,038.9 Sales 560.8 588.4 -5% 1,105.8 1,186.9 -7% 2,258.1 EBIT improve to +62 MSEK or at 11.0%. EBIT 61.6 60.1 3% 110.8 134.6 -18% 250.9 EBIT% 11.0% 10.2% 10.0% 11.3% 11.1%
Slide 8: Westermo
Westermo Q2 Q2 YTD YTD FY MSEK % % 2025 2024 2025 2024 2024 Comments to Q2 Order intake 359.5 294.3 22% 676.2 604.6 12% 1,236.8 Sales 354.2 336.5 5% 675.0 700.2 -4% 1,316.6 Order growth of +22% and organically at +15%. Book- EBIT 53.6 44.5 21% 104.1 99.9 4% 198.9 to-bill at 1.01. EBIT% 15.1% 13.2%
Slide 9: Beijer Electronics
Beijer Electronics Q2 Q2 YTD YTD FY MSEK % % 2025 2024 2025 2024 2024 Comments to Q2 Order intake 200.0 189.6 5% 435.4 408.5 7% 806.9 Sales 207.7 253.0 -18% 433.4 489.4 -11% 946.3 Order bookings at +5% driven by strong HMI bookings EBIT 19.2 29.6 -35% 34.4 61.0 -44% 106.0 at +23%. Book-to-bill at
Slide 10: Concluding notes by Jenny
Concluding notes by Jenny We see stable activity levels among our customers despite the turbulent times. However, in the short term the uncertainty is high with regards to global trade. Our cautious approach to costs remains. Medium and long term we are confident about our ability to continue ou
Slide 11: Ependion Financial targets
Ependion Financial targets REVENUES PROFITABILITY DIVIDEND 10 % average annual 15 % operating margin A dividend-paying growth – acquired growth (EBIT) company added
Slide 12: Outlook
Outlook Ependion operates in attractive markets with strong underlying growth and has good prospects for reaching both growth and profitability targets in the mid-term. In the short term, however, geopolitical and economic uncertainty remains, which is why the near-term outlook is difficult to asses
Slide 13: Q&A
Q&A An 5) ependion
Slide 14: Ependion
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