Nyab Ab · OMXSTO:NYAB
Nyab Ab — Investor Presentation (November 2025)
13 slides from Nyab Ab's investor presentation, November 2025
Slide 1: Company presentation
Company presentation ONYAB
Slide 2: NYAB in brief
NYAB in brief Revenue R12 Employees A specialized contractor and project solutions provider with strong exposure to key investment 510 1,073 MEUR areas – critical infrastructure, industrial development, and large-scale energy projects. Revenue growth R12 Organic growth R12 Two complementary segments
Slide 3: History of uninterrupted profitable growth
History of uninterrupted profitable growth Revenue (EURm) EBIT (EURm) 509,7 30,2 25,4 345,9 280,4 253,3 15,2 11,0 123,0 131,7 96,2 77,8 29,5 31,1 45,1 0,0 8,2 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q3'25 2022 2023 2024 Q3'25 R12 R12 2013 2017 2019 2022 2024 2025 2026 Journey sta
Slide 4: Exposure to attractive growth markets
Exposure to attractive growth markets trends Mega Energy transition De-globalisation Urbanisation Invest- ments Water and Defense Industrial Public Power production Power grids Transportation wastewater and NATO investments infrastructure and storage Energy Infrastructure Industry ▪ Power networks a
Slide 5: Project selection
Project selection Oxelösund – Hedenlunda Uppsala Tramway Port of Umeå Energy | Large-scale energy projects Power lines suppling SSAB’s steel mill Urban development – Rail Expansion of the port of Umeå Vattenfall Eldistribution Uppsala Municipality, early involvement Umeå Hamn Letsi – Svartbyn Utajär
Slide 6: Value driven business model
Value driven business model
Slide 7: Civil Engineering’s strategic value-chain position
Civil Engineering’s strategic value-chain position NYAB Leverage in the business model Customer relationships Design & concept Engineering Value creation Focused on stakeholder business needs ▪ 53% EBIT CAGR Q3‘23 – Q3’25 Main contractor: NYAB Scalability The best people and winning culture – less t
Slide 8: Business model delivering profitable growth
Business model delivering profitable growth Profitability development NYAB (EBIT R12) Focused on high value-add EURm Revenue per FTE comparison 2024, EURk1) 30,2 852 27,9 25,4 26,0 703 19,7 17,6 17,4 15,2 443 13,1 195 119 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Q2/25 Q3/25 Broad legacy Installatio
Slide 9: Strategic acquisition in Dovre provided complementary services and a new segment
Strategic acquisition in Dovre provided complementary services and a new segment Acquisition of Dovre Legacy NYAB Legacy Dovre Business Civil Engineering Consulting segments End-to-end contracting Consulting and project Service offering solutions staffing solutions Energy, Infrastructure, Energy, In
Slide 10: Strong operational momentum
Strong operational momentum Sales R12 EBIT R12 Orderbook, Civil Engineering EURm EURm EURm 404,1 509,7 30,2 380,3 19,7 316,7 Q3 2024 R12 Q3 2025 R12 Q3 2024 R12 Q3 2025 R12 Q3 2024 Q3 2025 11 Source: Company filings.
Slide 11: Long-term financial targets and past performance
Long-term financial targets and past performance Growth Profitability Capital structure Direct shareholder return KPI and target KPI and target KPI and target KPI and target Revenue growth EBIT margin Net debt in relation to EBITDA Dividend > 10% > 7.5% < 1.5 > 35% of (previous year) net profit Outc
Slide 12: Summary
Summary
Slide 13: Key takeaways
Key takeaways 1. 2. 3. Track-record Strong financial Levers for additional of profitable growth position shareholder returns 53% 111% 42% EBIT CAGR Q3’23-Q3’25 Cash conversion Q3’25 R12 Dividend pay-out ratio, 2024 Exposure to growing markets Asset-light and highly cash High dividend payout-ratio Sc