Garo Ab · OMXSTO:GARO

Garo Ab — GARO Aktiebolag — Q3 2025 Earnings Presentation

11 slides from Garo Ab's earnings presentation, Nov 14, 2025

  1. Slide 1: Q3 2025 Presentation

  2. Slide 2: Operational highlights

    Operational highlights Building momentum across the Group GARO Electrification * Stable foundation: Electrification continues to perform steadily and remains the financial backbone of GARO. + Positive momentum: Growth within installation products and an improving project pipeline, particularly in th

  3. Slide 3: Financial highlights

    Financial highlights * Net sales for Q3 of MSEK 251.3 (269.4), down 7% + -1% decrease within GARO Electrification + 22% decrease within GARO E-mobility + Electrical distribution products increased with 4 % + Improved cash flows, more stable production and increased clarity in roles and responsibilit

  4. Slide 4: Adjusted EBIT, GARO Electrification

    • • • • Net sales, GARO Electrification Adjusted EBIT, GARO Electrification* 310,0 1200,0 40 140 260,0 1100,0 35 120 1000,0 210,0 30 100 900,0 25 80 160,0 800,0 60 700,0 20 110,0 40 600,0 15 60,0 20 500,0 10 0 10,0 400,0 Net sales, MSEK (LHS) Net sales R12, MSEK (RHS) Adj EBIT* , MSEK (LHS) Adj EBIT

  5. Slide 5: Net sales, GARO E-mobility

    • • • • Net sales, GARO E-mobility Adjusted EBIT, GARO E-mobility* 40,0 170 500 150 450 30,0 70,0 130 400 20,0 350 20,0 110 10,0 300 90 250 0,0 -30,0 70 200 -10,0 50 150 -80,0 30 100 -20,0 10 50 -30,0 -130,0 Adj EBIT *, MSEK (LHS) Adj EBIT R12*, MSEK (RHS) Net sales, MSEK (LHS) Net sales R12, MSEK (

  6. Slide 6: Cash flow and balance sheet

    Cash flow and balance sheet * Cash flow from operating activities before changes in working capital amounted to MSEK 5.1 (12.0) * Cash flow from operating activities after changes in working capital amounted to MSEK 11.0 (-20.1) * Net debt of MSEK 269.9 (318.9) + Available liquidity including unutil

  7. Slide 7: Rebuilding the Commercial Engine in Sweden

    Rebuilding the Commercial Engine in Sweden When Sweden works, GARO works. + The Swedish organization is now in place. Daniel Emilsson is firmly established as Country Director Sweden, leading with help of Daniel Bentzer, Sales Director Sweden, one unified sales organization across Electrification an

  8. Slide 8: Building a stronger and more predictable GARO

    Building a stronger and more predictable GARO Focused priorities - aligned execution - sustainable results. + We've established an integrated framework connecting strategy, operations, and leadership to drive stronger execution, efficiency, and renewed market trust. * Our work is centered around fou

  9. Slide 9: Roadmap 2025-2030: The Path Towards Our Mission

    Roadmap 2025-2030: The Path Towards Our Mission Step by step towards our mission * Our roadmap builds a bridge between today’s recovery and GARO’s long-term mission. Each phase strengthens our ability to deliver reliable, innovative and sustainable electrification solutions across Europe. Ww + 2025

  10. Slide 10: Outlook

    Outlook Staying the Course - From Stabilization to Structured Execution Q3 2025 Position + Leadership and collaboration strengthening across key functions. * Electrification stable with solid margins; international markets (Ireland, UK, Finland) performing well despite weak residential demand in Swe

  11. Slide 11: Q&A

GARO Aktiebolag — Q3 2025 Earnings Presentation on 6ix