Slide 1: Alimak Group
Alimak Group 28 April 2026 Ole Kristian Jødahl, CEO Sylvain Grange, CFO
Slide 2: Alimak Group – a diversified global industrial company
Alimak Group – a diversified global industrial company Highlights Drivers for success ▪ Leading provider of sustainable vertical access and working at height solutions Supported by global trends ▪ 3,000 employees, sales in +120 countries, presence in 28 countries Leading market position in ▪ Decentr
Slide 3: Moving people, material and businesses safely to new heights
Moving people, material and businesses safely to new heights The New Heights programme New Heights 2.0 1 2 3 2020 2021 2022-2025 2026-2030 Establish the Secure margin Profitable Accelerating base improvements growth profitable growth ✓ Our mission: “Moving people, 2025 material and Updating division
Slide 4: Financial and sustainability targets
Financial and sustainability targets Financial targets Average annual revenue growth Adj. EBITA margin to be reached by 2028 Leverage ratio Dividend pay-out ratio 8-12% 20% <2.5x 40-60% Sustainability targets Employee LTIFR Direct material suppliers signing the CO2 reduction NPS Injury rate per mn A
Slide 5: Resilient performance in a continued challenging market
Business update – Q1 FOR INTERNAL USE ONLY Resilient performance in a continued challenging market Q1 ▪ Order intake -4% organically, and revenue +3% organically – Group book-to-bill ratio was 1.08 in the quarter, supporting backlog growth ▪ Continued challenging construction market ▪ Significant ad
Slide 6: Group quarterly summary
Group quarterly summary Q1 Order intake & revenue ▪ Order intake was MSEK 1,788, -11% (-4% organically) MSEK MSEK ‒ Organic increase in the Industrial, Wind and Facade 2 400 8 000 7 000 Access divisions 2 100 1 800 6 000 1 500 5 000 ‒ Lower order intake in the Construction and HSPS 1 200 4 000 3 000
Slide 7: Service order intake and revenue
Service order intake and revenue Q1 ▪ Service is a key component in all divisions Share of order intake Share of revenue ‒ Order intake was MSEK 749, -9% (-1% at constant 63% 58% currency). Organic increase from the Facade Access 42% 37% and HSPS divisions ‒ Revenue was MSEK 626, -3% (+6% at constan
Slide 8: Facade Access
Facade Access Q1 ▪ Order intake was MSEK 460, -7% (+3% at constant currency) Order intake & revenue ‒ Book-to-bill ratio above 1 for the second consecutive quarter MSEK MSEK 600 2 500 ‒ Strong order intake in the Middle East ahead of the war 500 2 000 400 1 500 ‒ Refurbishment and replacement orders
Slide 9: Facade Access – business update
Facade Access – business update Q1 ▪ Integrated Design Services (IDS) ‒ Continued positive momentum in North America and the UK ‒ First IDS orders secured in Dubai, Saudi Arabia and Spain ▪ Geographical growth activities ‒ Developing our presence in Malaysia and Indonesia ‒ Dedicated Infrastructure
Slide 10: Industrial
Industrial Q1 ▪ Order intake was MSEK 440, +2% (+6% organically) Order intake & revenue ‒ Solid equipment order intake in Europe and Asia Pacific, stable MSEK MSEK 500 2 000 performance in the Americas 400 1 500 ‒ Ports, power and infrastructure particularly strong 300 1 000 200 ‒ Aftermarket slow i
Slide 11: Industrial – business update
Industrial – business update Q1 ▪ Continued high activity levels in the ports segment – Strong investment momentum in ship-to-shore (STS) cranes – New OEMs entering the STS crane market and we are actively pursuing opportunities ▪ Strong growth in the power segment in North America – AI and data cen
Slide 12: Construction
Construction Q1 ▪ Order intake was MSEK 369, -25% (-18% at constant currency) Order intake & revenue ‒ Hoist market continues to be weak in Europe and North MSEK MSEK 600 2 000 America 500 1 800 1 600 1 400 ‒ Our rental business showed signs of recovery in Europe but 400 1 200 300 1 000 was partly o
Slide 13: Construction – business update
Construction – business update Q1 ▪ Karin Bååthe – new Executive Vice President – Started beginning April ▪ Product expansion – focus on MCWP proven to work – Continued investments and commercial activity across several regions, translating into realised orders and a strong pipeline – Swap order sec
Slide 14: Height Safety & Productivity Solutions
Height Safety & Productivity Solutions Q1 ▪ Order intake was MSEK 315, -18% (-13% organically) Order intake & revenue MSEK MSEK ‒ Suspended access and guardrails businesses in North America 500 1 600 1 400 negatively impacted by exceptional weather conditions in the 400 1 200 beginning of the year 3
Slide 15: HSPS – business update
HSPS – business update Q1 ▪ Clear strategic focus on delivering sustainable and profitable growth – Organisation strengthened through centralised R&D, marketing and operations functions – Customer engagement enhanced through sales reorganisation, increasing proximity to end-customers – Geographic ex
Slide 16: Wind
Wind Q1 ▪ Order intake was MSEK 214, -2% (+6% at constant currency) Order intake & revenue – Order intake increased mainly in North Europe, India and MSEK MSEK 250 800 Americas 700 200 600 – Strong customer engagement throughout major regions 150 500 400 100 300 ▪ Revenue was MSEK 186, +22% (+32% at
Slide 17: Wind – business update
Wind – business update Q1 ▪ Wind market updates (Global Wind Energy Council 2025–2030 outlook) — Improved growth outlook, driven by stronger visibility in onshore wind and higher medium-term deployment expectations — Offshore wind continues to face policy and permitting headwind ▪ Business highlight
Slide 18: Profit & loss summary
Profit & loss summary Q1 MSEK Q1 2026 Q1 2025 Order intake 1 788 2 005 -11% ▪ EBITA adj. Organic order growth -4% – 8% decrease year-over-year, 1% organic Revenue 1 653 1 732 -5% decrease Organic revenue growth 3% ▪ IAC Gross Profit 689 729 -6% – No IAC in Q1 Gross Margin % 41.7% 42.1% -0.4 pp Op
Slide 19: Gross margin and operating expenses
Gross margin and operating expenses Q1 Gross margin ▪ To be added ▪ Gross margin was 41.7% (42.1) % ‒ Industrial temporary margin decline driven by mix 44 effects 36 ‒ Facade Access expanded q/q 28 20 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 ▪ Operating expenses were 25.0% (23.2) as a revenue 2024 2025 2026 perce
Slide 20: Result for the period and EPS
Result for the period and EPS Q1 ▪ Result for the period was MSEK 147 (184), -20% (13% Result for the period and EPS* organic decrease) ▪ Excluding IAC (Items Affecting Comparability), result MSEK SEK 220 2,50 for the period was MSEK 147 (156), -6% 200 180 2,00 160 ▪ Earnings per share was SEK 1.39
Slide 21: Operating cash flow
Operating cash flow Q1 ▪ Cash flow from operations was MSEK 75 (175) Operating cash flow, MSEK MSEK MSEK ‒ Driven by lower earnings, timing of tax payments 550 1 400 and temporary working capital increase 500 1 200 450 400 1 000 350 300 800 250 600 200 150 400 100 200 50 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 22: Net debt and return on capital employed
Net debt and return on capital employed Q1 Net debt and leverage ▪ Net debt was BSEK 2.4 (2.4 in Q4 2025) – MEUR 550 new facilities in place, maturing 2029 with MSEK X 4 000 4 two one-year extension options 3 000 3 ▪ Net debt/EBITDA 1.85 (1.76 in Q4 2025) 2 000 2 ‒ Well in line with our financial ta
Slide 23: Summary
Summary Q1 ▪ Resilient performance in a challenging market ▪ Solid book-to-bill in the quarter ▪ Strong decentralised divisional structure securing focus and decision-making close to the customer ▪ Focus forward – execution of New Heights – Continued investment in product development, sales and oper
Slide 24: Q&A
Q&A Investor Update November 20, 2024