Slide 1: We are reliable
WE ARE RELIABLE Customer Focus Simplicity Entre- preneurial business Cost Efficiency Courage and Respect
Slide 2: Why invest in AQ Group
Why invest in AQ Group EPS CAGR 14% over the past 10 years Profit every quarter since foundation in 1994 Exposure to industrial market segments with underlying growth; Electrification Railway Defense Med-Tech Long history of acquistions. 2-4 factories/year Mdexx – factory in Czech Rep. and engineeri
Slide 3: Production
Production 8,000 ~8,5bSEK 7 Business 15+ Market in 17 Employees Turnover areas segments countries +4000 Profit every 2-4 UN Global 14% EPS customers quarter for acquisitions compact CAGR globally 30 years / year since 2012 3
Slide 4: Second Quarter, Apr-Jun 2025 in brief
Second Quarter, Apr-Jun 2025 in brief f Net sales increased by 4% to SEK 2,344 million (2,254) Goal >15% growth B Operating profit (EBIT) decreased by 2% to SEK 218 million (222) B Profit after financial items (EBT) increased by 5% to SEK 228 million (218) B Profit margin before tax (EBT %) was 9.7%
Slide 5: First six months, Jan-June 2025 in brief
First six months, Jan-June 2025 in brief fH Net sales increased by 3% to SEK 4,634 million (4,479) Goal >15% growth B Operating profit (EBIT) decreased by 3% to SEK 433 million (445) B Profit after financial items (EBT) decreased by 1% to SEK 432 million (439) B Profit margin before tax (EBT %) was
Slide 6: AQ Group EPS Growth and DPS
AQ Group EPS Growth and DPS CAGR 14% 14% CAGR EPS 2015-2025Q2R12 The target is to double EPS every 5 years. 6
Slide 7: Net sales development
Net sales development Growth 4% vs Q2 2024, whereof organic growth was +0.3%, currency was -4% and +8% was acquired. 7
Slide 8: Organic growth
Organic growth Organic growth was +0,3%, below our target. Low demand from buses in North America and food equipment in Target 10%/ year Europe. Growing trucks (new won business), construction equipment (new won business), electrification (inductive &SM), railway and defense. 8
Slide 9: Recent new customer/project wins
Recent new customer/project wins 9
Slide 10: Acquired Growth
Acquired Growth We reached +8% acquired growth in Q2. Several targets in negotiation but hard to close at price level we want. Target 5%/ year 10
Slide 11: Update
+ update ▪ The turnover in June was affected by a hailstorm in Riedel that perforated the roof. It impacted two weeks of production. Roof is repaired and most costs will be taken by insurance company. ▪ Carveout of IT-systems done. Monitor ERP implementation is planned for Q1/2026. ▪ Refinancing of
Slide 12: AQ Group EBT Margin development
AQ Group EBT Margin development EBT Margin in Q2 was 9,7%. 10 consecutive quarters above EBT target of 8%. Sale of real estate in Gävle improves EBT margin in the quarter with 1%. Cost control in focus. Opportunities to improve operationally in a few of our production sites. mdexx dilutes margin wit
Slide 13: Inventory value & turnover development
Inventory value & turnover development Inventory turnover target is 3.5 turns/year. Currently we are at 3.0 The addition of acquired companies has a negative impact. We have done improvements in US, Finland, AQ Magnit in Bulgaria but also in several sites in Sweden. Our improvement project continue
Slide 14: Net cash from operating activities and Net debt
Net cash from operating activities and Net debt Ok operating cash flow of 232 mSEK in the quarter which results in net cash of 219mSEK. We will see a slight working capital increase when mdexx factoring will stop. 14
Slide 15: Quality and delivery precision
Quality and delivery precision
Slide 16: On-time Delivery (OTD) Goal 98%, Quality Goal 100%
On-time Delivery (OTD) Goal 98%, Quality Goal 100% Result OTD Q2: 95% (92%) Result Q% Q2: 99.6% (99.7%) Good to see an improved overall OTD compared to the same period last year but we still have potential to be better at several sites. We have capacity constraints in Rockford (UK), JIT Mech (SE), T
Slide 17: Why invest in AQ Group
Why invest in AQ Group EPS CAGR +14% over the past 10 years Profit every quarter since foundation in 1994 Exposure to industrial market segments with underlying growth; Electrification Railway Defense Med-Tech Long history of acquistions. 2-4 factories/year Strong balance sheet – net cash position 1
Slide 18: Questions?
Questions? Q&a WE ARE RELIABLE 18