Slide 1: Q3 2025 Results Presentation
Q3 2025 Results Presentation Kristoffer Ljungfelt, CEO Robert Belkic, Interim CFO
Slide 2: Nobia Group, highlights Q3
Nobia Group, highlights Q3 • Continued improvements in financial performance; higher EBIT, EBIT-margin and cash flow. 2024 Q3 2025 Q3 • Nordics' EBIT margin of 8% despite soft market conditions. Net sales (SEKm) 2,478 2,308 • Group net sales decline due to a soft project market and Organic growth (%
Slide 3: Kitchen market development, Nordic region
Kitchen market development, Nordic region Housing starts per quarter (thousands) Consumer market 20 • Gradual recovery continues 18 • Government grants support home renovations 16 • Continued increase in footfall and kitchen design 14 meetings Sweden 12 Project market 10 Norway • Housing completions
Slide 4: Kitchen market development, UK
Kitchen market development, UK Housing starts per quarter (thousands) Consumer market 80 • Consumer confidence continues to trend low 70 • House price index trends upwards • Gradual increase in residential house transactions 60 50 Project segment • Housing completions and housing starts remain well
Slide 5: Strategic updates
Strategic updates Maximising cost • Run rate cost improvements of prior launched programs exceeds SEK 650m efficiency and • Disciplined group-wide cost control on top of cost out programs reduction of net debt • Strong focus on working capital improvements to strengthen cash flow further • Considera
Slide 6: Ramp-up of new Nordic factory
Ramp-up of new Nordic factory Successful consolidation • The relocation of production from the Nastola factory, in Finland, to Ølgod, in Denmark, was successfully implemented ahead of long-term plan. • Finland’s kitchen range is now entirely produced in Denmark. • The transfer to Ølgod is expected t
Slide 7: Ramp-up of new Nordic factory
Ramp-up of new Nordic factory Ramp-up of Nobia Park, the new Nordic manufacturing facility in Jönköping • Inauguration of Nobia Park on Oct 21st. • Transition between legacy manufacturing in Tidaholm and Jönköping during H2 2025. • Shipments of complete kitchens to external customers started in Augu
Slide 8: Nordic region Q3
Nordic region Q3 Share of R12 sales by segment Share of R12 sales by country Finland • Organic net sales up 1% (-11%) after 11 quarters of 6% Norway negative growth. Project Retail 19% 47% 38% Denmark • Growth in consumer sales with improved average order Sweden 52% 23% values. Trade 15% • Project s
Slide 9: Region UK Q3
Region UK Q3 Share of R12 sales by segment Share of R12 sales by channel Project Other • Organic net sales decline -7% (0%). 19% 14% Magnet DIY Magnet • Adjusted for store closures, net sales declined -4%. Project* Retail 19% 13% 49% Stores • Project sales declined whilst retail sales grew double Ma
Slide 10: Financial position
Financial position Cash flow 2024 Q3 2025 Q3 Cash flow from operating activities -20 182 • Cash flow improvement driven by operating profit, Operating cash flow -154 102 working capital and lower investments. Of w. operating profit* -37 -1,882 • Investments in Jönköping factory SEK 58m (93). Of w. c
Slide 11: Priorities going forward
Priorities going forward • Advance on our strategic agenda - Ramp-up Nobia Park in Jönköping - Turnaround of UK operations, including further strategic reviews - Deliver on our cost out programs • Leverage on our strong brands - Capture growth in consumer sales with proven model - Increase average o
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