W5 Solutions Ab · OMXSTO:W5
W5 Solutions Ab — Q2 2025 Earnings Presentation
23 slides from W5 Solutions Ab's earnings presentation, 2025
Slide 1: Interim Report Q2 2025
Interim Report Q2 2025 Evelina Hedskog, President and CEO Cecilia Driving, CFO
Slide 2: Vision and Mission
Vision Mission The leading global We deliver cutting-edge provider of sustainable solutions to empower defence technology own and allied forces 2
Slide 3: Operations, footprint and financial targets 2027
Operations: Products and services across three business areas; Integration, Training Financial Targets 2027 and Power. Footprint: HQ in Stockholm, operations Net sales: across Sweden, Norway and Finland. SEK 1,000 m Organisation: 176 employees. EBIT: Selection of clients: FMV, Saab, Thales, Swedish
Slide 4: Three business areas and seven product areas
Three business areas and seven product areas form the backbone of our scalable business model. 4
Slide 5: Integration / Product Areas
INTEGRATION / PRODUCT AREAS SYSTEMS INTEGRATION SHELTERS Gunilla Stomberg Head of Business Area 5
Slide 6: Training / Product Areas
TRAINING / PRODUCT AREAS LIVE FIRE TRAINING LIVE FIRE TRAINING DEFENCE & SECURITY SPORTS & HUNTING Toralf Johannessen Head of Business Area 6
Slide 7: Power / Product Areas
POWER / PRODUCT AREAS BATTERIES & CHARGERS GENSETS SIMULATION Joachim Hammersland Head of Business Area 7
Slide 8: Steady and Growing Market for W5
Steady and Growing Market for W5 01 02 03 Swedish Nato 5 % target 50 % indigenous Government’s supply within EU Defence Industry Strategy Important long-term policy decisions 8
Slide 9: Strong Order Intake During Q2
Strong Order Intake During Q2 + 211 % vs. 2024 9
Slide 10: Live Fire Training for Finnish Defence Forces
Live Fire Training for Finnish Defence Forces Business Area Training Strategic importance Customer Solution Order value Delivery ▪ Competitive procurement The Finnish A trailer based live SEK 25 million 2025-2026 ▪ Strategic market entry Defence Forces fire training system ▪ New product concept 10
Slide 11: Live Fire Training for Swedish Armed Forces
Live Fire Training for Swedish Armed Forces Business Area Training Strategic importance Customer Solution Order value Delivery ▪ Delivery within 2025 The Swedish Full range of SEK 20 million 2025 ▪ Proven and reliable solutions Defence Materiel solutions for live SEK 48 million ▪ Reinforces W5's pos
Slide 12: Simulator Order From a UK Customer
Simulator Order From a UK Customer Business Area Power Strategic importance Customer Solution Order value Delivery ▪ New export market UK customer Turnkey loader drill SEK 56 million 2025-2028 ▪ Long-term commitment trainer systems ▪ Proven and reliable solution 12
Slide 13: Simulator Order from KNDS Germany
Simulator Order from KNDS Germany Business Area Power Strategic importance Customer Solution Order value Delivery ▪ Tier-1 partnership KNDS – end Tactical CV90- SEK 57 million 2025-2028 ▪ Strengthening Swedish national customer: Swedish simulator defence Armed Forces ▪ Long-term commitment 13
Slide 14: Directed Share Issue 1st of July
Directed Share Issue 1st of July Key details ▪ SEK 103.9 million. ▪ Share price SEK 65.11 (average closing price in June with premium SEK 1). ▪ Working capital flexibility ▪ 9.1 % dilution. ▪ Execution of our M&A strategy ▪ New investor Salénia AB and five existing major shareholders. 14
Slide 15: Key Figures Q2 2025
Key Figures Q2 2025 Net sales Order intake SEK 111 m SEK 358 m EBIT margin Order book –7.2 % SEK 597 m 15
Slide 16: Order Book and Book-to-Bill Ratio
Order Book and Book-to-Bill Ratio Order book split per year Book-to-bill – SEK million 700 3.5 600 3.0 16% 500 2.5 400 2.0 Total SEK 597 million 300 1.5 55% 29% 200 1.0 100 0.5 0 0.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2025 2026 2027 >> 2023 2024 2025 16
Slide 17: Net Sales and EBIT per Quarter
Net Sales and EBIT per Quarter SEK million Net sales EBIT % 140 15% 120 10% 100 5% 80 0% 60 -5% 40 20 -10% 0 -15% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2023 2024 2025 17
Slide 18: Business Areas – Net Sales and Order Book
Business Areas – Net Sales and Order Book Net sales Q2 and EBIT– SEK million Order book– SEK million 303 EBIT 48 38 161 132 25 5 2 Integration Training Power Integration Training Power -15 18
Slide 19: Key Figures YTD 2025
Key Figures YTD 2025 SEK million Group Integration Training Power Net sales Net sales Net sales Net sales 196 72 70 52 EBIT EBIT EBIT EBIT –11 9 1 –21 19
Slide 20: Key Figures YTD 2025
Key Figures YTD 2025 SEK million Group Integration Training Power Order intake Order intake Order intake Order intake 467 99 168 200 Order book Order book Order book Order book 597 161 132 303 20
Slide 21: Key Take Aways Q2 2025
Key Take Aways Q2 2025 Favourable preconditions ▪ Positive market outlook ▪ Strong order intake ▪ Multiple export contracts ▪ Profitability challenges ▪ Promising forecast for end of year 21
Slide 22: Q&A
Q&A
Slide 23: Financial Calendar / Thank you!
Financial Calander Q3 Interim Report 5 November 2025 Thank you! Year-End Report 3 March 2026