Slide 1: Q2 Report
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T
Slide 2: Q2 Report
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T
Slide 3: Q2 highlights
96% OF THE PRODUCTS WE SELL D I S C O V E R I N G T H E N E X T S O L U T I O N ARE RECYCLABLE Q 2 R E P O R T Q2 highlights Erik Lundén President & CEO
Slide 4: Q2 highlights – strengthened gross margin and improved operating profit
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Q2 highlights – strengthened 2 500 2 280 2 142 2 039 gross margin and improved 2 000 operating profit 1 500 1 000 500 • Total revenue down by 4.8%, largely due to currency effects 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2023 2024 2025 • Organi
Slide 5: Financial Highlights
BUMAX BOLTS ARE MADE OF 82-87% RECYCLED STEEL D I S C O V E R I N G T H E N E X T S O L U T I O N PRODUCED LOCALLY IN SWEDEN Q 2 R E P O R T Financial Highlights Pär Ihrskog CFO
Slide 6: Total revenue down by 4.8%, mainly due to currency effects
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Total revenue down by 4.8%, mainly due to currency effects. Organic growth remains slightly negative. Net Sales by quarter Organic growth 2 142 2 500 -4,8% 2 184 -0,3% 2 142 2 039 2 000 1 880 1 863 2 039 1 500 -4,9% 0,4% 1 000 500 0
Slide 7: Strengthened gross margin and good cost control improved EBITA margin
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T A strengthened gross margin in combination with good cost control resulted in an improved EBITA margin Gross Profit Margin EBITA adjusted and EBITA margin adjusted 400 16 12,2% 13,1% 14 35 12,7% 12,7% 29,8% 30,6% 30,3% 31,1% 300 29,
Slide 8: Operating expenses down by SEK 8 million
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Operating expenses down by SEK 8 million • Operating expenses down by SEK 8 million Operating expenses year-on-year Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 -400 -25 • Good cost control and favourable currency -376 -379 -376 -368 effects contr
Slide 9: Cash flow from operations lower than last year due to lower inventory reduction
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Cash flow from operations lower than last year due to the lower inventory reduction compared to Q2 2024 Cash flow from operating activities, MSEK Cash flow from operating activities, MSEK 1,0 427 450 251 27 245 -56 0,9 400 23 0,8 35
Slide 10: Net Debt/EBITDA improved year-over-year to 2.5x
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Net Debt/EBITDA improved year-over-year to 2.5x Net Debt, MSEK Adjusted Net Debt/EBITDA Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 2,9 2,8 2,8 2,7 2,7 2,6 2,5 2,5 2,4 2 366 2 548 Net Fin debt 2 747 2 757 2 579 515 567 620 Leasing 535 2 881 612 3
Slide 11: Regional highlights
CUSTOMER BACHMAN ESSENTIALS: D I S C O V E R I N G T H E N E X T S O L U T I O N PEOPLE AND THE ENVIRONMENT Q 2 R E P O R T SATISFIED WITH US REDUCING CO2 BY LOCAL SOURCING Regional highlights Erik Lundén President & CEO
Slide 12: Europe North & East
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Region 1 000 900 867 Europe North & East 750 737 500 • Total growth was -14.9% and organic growth was -0.1% 250 • HT Bendix noted a continued weak development, while 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Bufab Poland saw improved demand 2023
Slide 13: Europe West
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Region 750 Europe West 600 501 469 556 450 • Total growth amounted to 18.5% and the organic 300 growth was -0.4% 150 • Lower activity levels in the automotive and construction 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 industries 2023 2024 2025 N
Slide 14: Americas
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Region 400 Americas 315 300 278 255 200 • Total growth amounted to -8.2% and the organic growth was 1.7% 100 0 • Demand was stable for the mobile home and trailer Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 market, and low demand was still noted in
Slide 15: UK & Ireland
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T 442 Region 450 415 380 UK & Ireland 300 • Total growth amounted to -8.5% and the organic 150 growth was -4.1% • Lower market prices in mainly Apex and low 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 demand from the manufacturing industry 2023 2024
Slide 16: Asia-Pacific
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Region 160 Asia-Pacific 120 122 114 112 80 • Total growth amounted to -2.1% and the organic 40 growth was 6.8% 0 • Organic growth driven by Bufab Shanghai and Bufab Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 India 2023 2024 2025 Net Sales, MSEK • G
Slide 17: US business & impact from tariffs
BUFAB IS A 2024 CDP SUPPLIER ENGAGEMENT LEADER, D I S C O V E R I N G T H E N E X T S O L U T I O N RECOGNIZED FOR DRIVING CLIMATE ACTION AND REDUCING Q 2 R E P O R T EMISSIONS ACROSS SUPPLY CHAINS US business & impact from tariffs Erik Lundén President & CEO
Slide 18: Our US business and impact from US tariffs
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Our US business and impact from US tariffs Our US business Mitigating actions Impact from US tariffs • Two niche companies: American • Price increases passed on to • Positive short-term effect on our Bolt & Screw and Component custo
Slide 19: Summary, Outlook & Priorities
76% OF OUR OPERATIONAL ENERGY IS D I S C O V E R I N G T H E N E X T S O L U T I O N RENEWABLE, WITH 5% GENERATED ON-SITE Q 2 R E P O R T THE PICTURE SHOWS THE SOLAR PANELS ON THE ROOF OF BUFAB SWEDEN Summary, Outlook & Priorities Erik Lundén President & CEO
Slide 20: Summary, Outlook & Priorities
D I S C O V E R I N G T H E N E X T S O L U T I O N Q 2 R E P O R T Summary, Outlook & Priorities • Strengthened gross margin and strong operating margin, despite lower demand • Several measures to reduce the cost base have been implemented and more to come, will give effect in 2025/2026 • Despite t
Slide 21: Q&A
CUSTOMER GRIESSER PRIORITIZES SUSTAINABILITY, D I S C O V E R I N G T H E N E X T S O L U T I O N AND WE MEET THEIR HIGH STANDARDS Q 2 R E P O R T THEIR INTELLIGENT SUN PROTECTION SOLUTIONS SAVE UP TO 40% IN ENERGY Q&A