Bulten Ab · OMXSTO:BULTEN
Bulten Ab — Q2 2026 Earnings Presentation
12 slides from Bulten Ab's earnings presentation, Jul 10, 2026
Slide 1: A decisive step towards a more focused industrial group
INTERIM REPORT Q2, 2026 A decisive step towards a more focused industrial group Q2 results and transformation update A more focused platform for precision, reliability and scale.
Slide 2: Agenda
Agenda Axel Berntsson, President & CEO Axel Berntsson, President & CEO Transformation milestone: Europe and China divestments Priorities for the next phase Q2 highlights Q&A Future portfolio and growth platforms Anna Åkerblad, CFO Q2 financial performance Financial effects and position
Slide 3: A decisive portfolio reset
A decisive portfolio reset The transformation sharpens Bulten around established, value-added platforms with stronger cash- conversion potential. 9 Feb 2026 Jun 2025 U.S.: Streetsboro 9 Jul 2026 Strategic review consolidation and European agreement announced shift to distribution model signed with M
Slide 4: Noteworthy items Q2
Noteworthy items Q2 The retained business delivered a clear margin step-up while volumes remained under pressure. 779 MSEK 62 MSEK 8.0% 26 MSEK (839); -7.2% (36); +26 MSEK (4.3); +3.7 pp (13); +13 MSEK Net sales EBIT EBIT margin Operating cash flow Margin resilience: EBITDA margin increased to 9.8%
Slide 5: Deal facts: Europe and Tianjin
Deal facts: Europe and Tianjin Separate transactions; same strategic direction — simplify the Group and reduce capital intensity. Europe — Maelir AB China — Tianjin 44.5 MEUR CNY 1.0m enterprise value purchase price ≈484 MSEK excl. leasing ≈1.42 MSEK debt Scope: Share deal for 100% of European autom
Slide 6: Portfolio reset: three healthy platforms retained
Portfolio reset: three healthy platforms retained Strategic intent: Invest in proven businesses with scale, profitability and cash generation. EXIM PSM FSP Automotive Contract manufacturing C-Parts distribution Precision manufacturing Full-service C-Parts Transitioning out Asset-light sourcing & Eng
Slide 7: Financial Results
Financial Results Q2 performance and transformation effects
Slide 8: Net sales
Net sales Retained business — Q2 2026 Net sales decreased -7.2% year-on-year 1000 Lower volumes continued to weigh on sales, while sequential 839 802 development remained stable compared with Q1. 800 779 779 590 Q2 net sales 12-month rolling net sales 600 779 MSEK 2,950 MSEK 400 (839) | -7.2% FY 202
Slide 9: EBIT level
EBIT level Reported EBIT and margin development 10% Reported EBIT 62 MSEK (36) with an EBIT margin of 8.0% (4.3). 8,4% Margin resilience continued despite lower volumes, supported by 8,0% 8% 7,6% operational measures and a more focused business mix. 6% Q2 EBIT Q2 EBIT margin 4,3% 62 MSEK 8.0% 4% (36
Slide 10: Key indicators
Key indicators THE GROUP, 12 MONTHS Metric Q2 2026 Full year 2025 Return indicators Return on capital employed, % 8.6 6.6 Capital structure Net debt (-) / EBITDA -3.2 -4.6 Adjusted net debt (-) / Adjusted EBITDA -1.8 -3.4 THE GROUP - Capital structure Metric 2026-06-30 2025-12-31 Equity/assets ratio
Slide 11: Focus going forward
Focus going forward Execution priorities for the next phase of the transformation 01 Complete Complete the Europe transaction responsibly and finalize the Tianjin transition. Protect customer and supplier continuity while supporting employees through 02 Continuity the transition. Expand precision ma
Slide 12: Questions?
Questions? A more focused platform for precision, reliability and scale.