Slide 1: Interim Report Third Quarter July – September 2025
Interim Report Third Quarter July – September 2025 Anders Mattson Bengt Lejdström Creating sustainable, efficient and safe societies President & CEO CFO
Slide 2: Streamlined portfolio to achieve strategic alignment
Streamlined portfolio to achieve strategic alignment Sdiptech up until Q3 2025: Group Portfolio Evaluation Process Sdiptech Q3 2025 going forward: Core # BUs # BUs 9 11 11 10 ▪ Assessment of strategy 8 6 9 7 SC&T E&E W&B S&S alignment: SC&T E&E W&B S&S − Product based companies 1 − Markets with stro
Slide 3: Summary of the third quarter – Core
Summary of the third quarter – Core Highlights ▪ Net sales increased with 9% to SEK 1,102m (1,012) ▪ Solid demand ▪ (4.5% organic, -4.5% currency, 8.8% acquisitions) ▪ Slow recovery from a weaker first half year ▪ Adj. EBITA increased with 9% to SEK 235m (216) ▪ Stable profit levels in Q3 – YTD stil
Slide 4: Net sales – Core
Net sales – Core Quarter Net sales increased with 9% to SEK 1,102m Net sales ▪ A majority of our units had solid demand ▪ 4.5% organic and 8.8% from acquired contribution ▪ Slow recovery ▪ Some larger units begun to recover after a weaker 1.145 1.093 1.103 1.113 1.102 first half year when we experie
Slide 5: Sales split – Core
Sales split – Core Geographical distribution of Turnover by type of sales revenue 8.9% 5.6% 27.5% 19.5% 48.8% 5.1% 7.3% 65.2% 6.5% 5.6% Sweden UK Norway Italy US Other, Europe Other, rest of the world Proprietary products Installation Service 5 Sources: Sdiptech Financial reports, LTM Q3 2025.
Slide 6: Adj. EBITA & Adj. EBITA margin – Core
Adj. EBITA & Adj. EBITA margin – Core Quarter Adjusted EBITA Justerad EBITA-marginal Adj. EBITA increased by 9% to SEK 235m (216) ▪ Stable profit growth with 2.4% organic growth ▪ 10% acquired contribution 23.3% 22.0% 22.4% 22.2% 21.4% 21.8% 22.2% 21.4% 20.9% 21.3% 21.3% Adj. EBITA margin 21.3% (21.
Slide 7: Business areas in Q3 – Core
Business areas in Q3 – Core Net Sales MSEK Q3 24 Adj EBITA MSEK Q3 24 Adj EBITA margin Q3 24 % Net Sales MSEK Q3 25 Adj EBITA MSEK Q3 25 Adj EBITA margin Q3 25 % 30% 550 518 200 27% 28% 501 500 26% 25% 450 150 21% 21% 400 20% 350 109 300 98 237 250 100 250 214 228 200 65 64 54 150 48 106 50 100 32 6
Slide 8: Cash flow & Cash conversion - Group
Cash flow & Cash conversion - Group MSEK 900 130% 848 823 120% 115.0% 750 109.0% 110% Quarter 100% ▪ Cash flow from operations amounted to 628 565 90% MSEK 255, corresponding to 94% cash 600 83.0% 80.0% 81.0% conversion 80% 71.0% ▪ Normalized inventory levels and improved 68.0% 70% project invoicing
Slide 9: Additional metrics - Group
Additional metrics - Group July-Sept July-Sept LTM Sept Jan-Dec 2025 20241 2025 2024 Profit after tax, (SEK million) -419 91 -146 436 - excluding write down of SEK 500m 81 355 Earnings per ordinary share after dilution (SEK) -11.14 2.28 -4.27 11.00 - excluding write down of SEK 500m 2.03 8.90 Financ
Slide 10: Additional metrics - Group
Additional metrics - Group July-Sept July-Sept LTM Sept Jan-Dec 2025 20241 2025 2024 Profit after tax, (SEK million) -419 91 -146 436 - excluding write down of SEK 500m 81 355 Earnings per ordinary share after dilution (SEK) -11.14 2.28 -4.27 11.00 - excluding write down of SEK 500m 2.03 8.90 Financ
Slide 11: Return on capital employed - Group
Return on capital employed - Group MSEK 30 8,257 8,402 8,500 8,000 7,414 7,500 Quarter 25 7,000 6,500 ▪ ROCE (LTM average) at 12% 5,996 6,000 ▪ Decreased from last year due to 20 increased capital employed 5,500 5,000 ▪ Will increase after write down (ROCE 30 4,500 Sep 12.8%) 15 4,144 13.0% 12.6% 4,
Slide 12: Acquisitions
Acquisitions 170 158 161 160 150m Status 150 ▪ 40MSEK acquired EBITA during 2025 140 130 120m Aim for 2025 120 ▪ Approx. 50MSEK in acquired EBITA 109 110 EBITA MSEK 100 93 94 Guiding principles 90 90 83 1) Pipeline: We continue to map and 80 qualify new acquisition candidates; the 70 67 pipeline rem
Slide 13: Key takeaways
Key takeaways Solid underlying demand ▪ A majority of our units had a stable demand in Q3 ▪ Cautiously optimistic signs of recovery but still uncertain market conditions for part of the business ▪ The outlook is still uncertain, and in our view a broader recovery might first come in 2026 Ongoing str
Slide 14: Thank you! Q&A
Thank you! Q&A Creating sustainable, efficient and safe societies
Slide 15: Appendix
Appendix > svPTECH
Slide 16: Sdiptech in short
Sdiptech in short Sdiptech acquires companies that contributes to more sustainable, efficient and safe societies Key drivers Aging infrastructure I Increasing consumption I Increasing regulations = Well positioned for sustained good demand and stable org. growth Supply Chain & Energy & Water & Safet
Slide 17: Refined portfolio to unlock full Sdiptech value
Refined portfolio to unlock full Sdiptech value Other operations – from Q3 2025 Proforma ▪ Primarily objectives Net sales Net sales Adj EBITA Adj EBITA Adj EBITA% Adj EBITA% − To allocate capital more efficiently SEK million Jul-Sep Jul-Sep Jul-Sep Jul-Sep Jul-Sep Jul-Sep 2025 2024 2025 2024 2025 20
Slide 18: Adjusted EBITA → Net profit
Adjusted EBITA → Net profit MSEK (Continued operations) 2025 2024 2025 2024 YTD Sep YTD Sep LTM Full Year Net Sales 3,871 3,830 5,207 5,166 Operational costs -3,136 -3,079 -4,212 -4,156 Profit from operations, adjusted EBITA 735 751 995 1,010 Acquisition costs -10 3 -19 -17 Direct costs related to a