Roko Ab Class B · OMXSTO:ROKO_B
Roko Ab Class B — Q1 2026 Earnings Presentation
14 slides from Roko Ab Class B's earnings presentation, Apr 21, 2026
Slide 1: Interim report January - March 2026
The Perpetual Owner Interim report January - March 2026 21 April 2026 1
Slide 2: 2026 Financial development
2026 Financial development First Quarter SEKm Q1 ‘25 Q1 ’26 Change Net Sales 1,696 1,853 +9% Adj. EBITA 395 415 +5% Adj. EBITA margin 23% 22% -1%pts Operating Cash Flow(1) 211 255 +22% Organic net sales growth 2% 6% - FX differences 1% -6% - Adj. EBITA growth 14% 5% - Annual net sales acquired(2) –
Slide 3: First quarter 2026
First quarter 2026 Growth in EBITA1 Change in Net Debt / EBITDA2 +5% +0.5x ▪ Exchange rate fluctuations had -6% impact on net sales in the quarter ▪ Increase in leverage driven by acquisitions being completed towards the end of the quarter Source: Company information Note: Based on actual reported i
Slide 4: Financial development
Financial development MSEK FY2022 FY2023 FY2024 FY2025 Q12025 Q12026 Net sales 4,316 5,614 6,182 6,452 1,696 1,853 Organic growth1) 8% -2% 2% 2% 2% 6% Adj. EBITA2) 787 1,047 1,227 1,339 395 415 Organic Adj. EBITA 9% 4% growth Adj. EBITA margin 18% 19% 20% 21% 23% 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 Q125 Q126 SEKm March‘25 March’26 Operating cash flow less CAPEX 211 255 Equity 5,374 5,830 Adj. EBITA 395 415 Interest-bearing debt 563 1,413 Cash conversion1) 53% 61% Leasing 484 651 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: Acquisitions since the start of 2024
Acquisitions since the start of 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 leader, bene
Slide 8: Appendix
ROKO Appendix
Slide 9: KPIs
KPIs SEKm Q1 25 Q1 26 Change Net sales 1,696 1,853 9% Adj. EBITA 395 415 5% Adj. EBITA margin, % 23% 22% -1 p.p Adj. EBITDA 438 463 9% Adj. EBITDA margin, % 26% 25% +1 p.p Capital employed 8,632 10,196 2% Return on capital employed, % 14.5% 14.1% -0.4 p.p Return on equity, % 13.2% 13.3% +0.1 p.p Fin
Slide 10: Profit and loss statement
Profit and loss statement Full-year Q1 Q1 SEKm 2019 2020 2021 2022 2023 2024 2025 2025 2026 Net sales 23 614 2,083 4,316 5,614 6,182 6,452 1,696 1,853 Cost of goods sold -15 -310 -1,293 -2,668 -3,343 -3,543 -3,567 -929 -1,011 Gross profit 8 304 790 1,648 2,271 2,639 2,884 768 842 Selling expenses -5
Slide 11: Balance sheet
Balance sheet December March December March 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 9,125 Equity attributable to Röko’s 350 719 1,991 3,653 4,
Slide 12: Cash flow statement
Cash flow statement Full-year Q1 Q1 SEKm 2019 2020 2021 2022 2023 2024 2025 2025 2026 Operating activities Operating profit -11 89 312 612 821 969 1,051 295 338 Adjustment for non-cash items 2 44 107 262 358 404 422 105 99 Net financial items -1 -14 -26 -67 -106 -58 -45 -15 -13 Paid tax 0 -40 -86 -1
Slide 13: Overview of acquisitions
Overview of acquisitions Year Company Description Business area Country Ownership1) Net sales at acquisition2) Segment split – no. of Companies H2 2019 Arboritec3) 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