Roko Ab Class B · OMXSTO:ROKO_B
Roko Ab Class B — Q2 2026 Earnings Presentation
14 slides from Roko Ab Class B's earnings presentation, Jul 17, 2026
Slide 1: Interim report January - June 2026
The Perpetual Owner Interim report January - June 2026 17 July 2026 1
Slide 2: 2026 Financial development
2026 Financial development April - June Jan – June SEKm 2025 2026 Change 2025 2026 Change Net Sales 1,562 2,045 +31% 3,259 3,898 +20% Adj. EBITA 312 427 +37% 708 842 +19% Adj. EBITA margin 20% 21% +1%pts 22% 22% - Operating Cash Flow less net 257 350 +36% 477 608 +28% tangible CAPEX(1) Organic net s
Slide 3: First six months 2026
First six months 2026 Growth in EBITA1 Change in Net Debt / EBITDA2 +19% +0.4x ▪ Exchange rate fluctuations had -3% impact on net sales in the period ▪ Increase in leverage driven by four acquisitions in the six- month period Source: Company information Note: Based on actual reported information. 1)
Slide 4: Financial development
Financial development MSEK FY2022 FY2023 FY2024 FY2025 H12025 H12026 Net sales 4,316 5,614 6,182 6,452 3,259 3,898 Organic growth1) 8% -2% 2% 2% 3% 5% Adj. EBITA2) 787 1,047 1,227 1,339 708 842 Organic Adj. EBITA 9% 4% growth Adj. EBITA margin 18% 19% 20% 21% 22% 22% ROCE3) 12.7% 13.1% 14.4% 14.8% 1
Slide 5: Cash flow and capital efficiency
Cash flow and capital efficiency Cash flow from operations and cash conversion Capital employed and ROCE SEKm H125 H126 SEKm June‘25 June’26 Operating cash flow less CAPEX 477 608 Equity 5,555 6,119 Adj. EBITA 708 842 Interest-bearing debt 1,030 2,252 Cash conversion1) 67% 72% Leasing 566 763 Put/ca
Slide 6: Our investment criteria have served us well
Our investment criteria have served us well • Röko has acquired companies at below 8x EBITA on average since 2019 ― Disciplined valuations since inception, across several industries and geographies ― Röko have completed five platform acquisitions per year on average ― Completed three acquisitions in
Slide 7: 5 acquisitions per year on average since 2024
5 acquisitions per year on average since 2024 Country Description Net sales Detailed information Cleaning detergents and bar Locally strong market position serving many small customers with specific products. NL 9 MEUR soap manufacturer Customers value proximity Add-on to Snowminds. Local market lea
Slide 8: Appendix
ROKO Appendix
Slide 9: KPIs
KPIs SEKm YTD 25 YTD 26 Change Net sales 3,259 3,898 20% Adj. EBITA 708 842 19% Adj. EBITA margin, % 22% 22% - LTM Adj. EBITA 1,300 1,474 13% Adj. EBITDA 790 944 19% Adj. EBITDA margin, % 24% 24% - Capital employed 9,475 11,270 19% Return on capital employed, % 14.1% 14.5% +0.4p.p Return on equity,
Slide 10: Profit and loss statement
Profit and loss statement Full-year YTD YTD SEKm 2019 2020 2021 2022 2023 2024 2025 2025 2026 Net sales 23 614 2,083 4,316 5,614 6,182 6,452 3,259 3,898 Cost of goods sold -15 -310 -1,293 -2,668 -3,343 -3,543 -3,567 -1,807 -2,134 Gross profit 8 304 790 1,648 2,271 2,639 2,884 1,451 1,765 Selling exp
Slide 11: Balance sheet
Balance sheet December June December June SEKm 2019 2020 2021 2022 2023 2024 2025 2026 SEKm 2019 2020 2021 2022 2023 2024 2025 2026 ASSETS EQUITY AND LIABILITIES Fixed assets Equity Intangible assets 955 1,506 3,984 7,339 7,481 8,337 8,354 9,776 Equity attributable to Röko’s 350 719 1,991 3,653 4,94
Slide 12: Cash flow statement
Cash flow statement Full-year YTD YTD SEKm 2019 2020 2021 2022 2023 2024 2025 2025 2026 Operating activities Operating profit -11 89 312 612 821 969 1,051 546 670 Adjustment for non-cash items 2 44 107 262 358 404 422 205 247 Net financial items -1 -14 -26 -67 -106 -58 -45 -28 -42 Paid tax 0 -40 -86
Slide 13: Overview of acquisitions
Overview of acquisitions Year Company Description Business area Country Ownership1) Net sales at acquisition2) Segment split – no. of Companies 3) H2 2019 Arboritec Varnish and floor maintenance products B2B Sweden 100% SEK 30m H2 2019 Hot Screen Heat transfers to work- and sportswear B2B Sweden 58%
Slide 14: Disclaimer
Disclaimer The Manager have not conducted any independent review or verification of the information in the Presentation and although efforts have been made to accurately describe Röko, the Manager disclaims any and all liability for the content being correct, accurate and complete. In addition to in