Sitowise Group Oyj · OMXHEX:SITOWS
Sitowise Group Oyj — Q3 2026 Earnings Presentation
28 slides from Sitowise Group Oyj's earnings presentation, Nov 5, 2026
Slide 1: Sitowise Q3 adjusted EBITA margin improved to 9.8%
Sitowise Q3 adjusted EBITA margin improved to 9.8% SITOWISE GROUP PLC Q 3 2 0 2 6 R E S U L T P R E S E NT A T I O N 5 NOVEMBER 2026
Slide 2: Agenda
Agenda 1. Q3 performance 2. Market outlook 3. Q&A Acting CEO CFO Jannis Mikkola Sanna Sormaala 4. Digital Solutions update: Sitowise partnership with Lovable 5. Q&A SVP Digital Solutions Sami Lankiniemi 2
Slide 3: Q3 highlights
Q3 highlights • Net sales up by 5.3% driven by • Infra broad base growth, 8.2% • Buildings driven by strengthened utilization rate, 7.6% • Adjusted EBITA margin 9.8% • Strong Infra • Seasonally higher share of SaaS in Digital Solutions 3
Slide 4: Q3 headwinds
Q3 headwinds • Polarized market environment • Weak residential construction slowing down Buildings and parts of Infra • Constrained municipal and public sector investments limiting demand in all business areas • Order intake declining due to Digi 4
Slide 5: Q3 Key figures (continuing business)
Q3 Key figures (continuing business) – Positive trend in main key figures Net sales, M€ Net sales growth Adj. EBITA margin 37.6 5.3% 9.8% (35.7) (8.9%) Utilization rate Order book* Operating profit, M€ 74.3% 140 2.5 (74.3%) (139) (2.2) *Parked projects totaled 5.0 M€ in on 30 Sep 2026 and 12.2 M€ on
Slide 6: YTD September Key figures (continuing business)
YTD September Key figures (continuing business) Net sales, M€ Net sales growth Adj. EBITA margin 122.0 2.1% 7.7% (119.4) (8.1%) Utilization rate Order book* Operating profit, M€ 73.9% 140 4.5 (73.6%) (139) (5.2) *Parked projects totaled 5.0 M€ in on 30 Sep 2026 and 12.2 M€ on 30 Sep 2025. 6 1-9 2025
Slide 7: INFRA
INFRA Projects in Q3 included several major railway assignments for the Finnish Transport Infrastructure Agency, covering station renovation, additional tracks and railway planning.
Slide 8: Infra: Broad-based growth and a rising order book
Infra: Broad-based growth and a rising order book NET SALES PER QUARTER, FACTORS IMPACTING Q3 OUTLOOK figures in EUR million • Tramway and green transition projects • Mixed 12-month outlook, with supported growth across business moderate public investment lines. budgets. • Moderate municipal demand,
Slide 9: BUILDINGS
BUILDINGS Aside from data center projects, Tampere Passenger Railway Yard was one of the key projects contributing to high Q3 utilization rate in Buildings. Image: Väylävirasto.
Slide 10: Buildings: Higher net sales and utilization supported profitability
Buildings: Higher net sales and utilization supported profitability NET SALES PER QUARTER, FACTORS IMPACTING Q3 OUTLOOK figures in EUR million • Strong data center demand, weak • RT* expects gradual, uneven housing and stable renovation. recovery in 2026–2027. Housing remains historically weak. • Hi
Slide 11: DIGITAL SOLUTIONS
DIGITAL SOLUTIONS Sitowise's Foresta system serves as a key tool for the City of Kuopio in managing forest assets, planning sites and monitoring daily operations. Image: Kuopio City.
Slide 12: Digital Solutions: Seasonally strong profitability in a weak market
Digital Solutions: Seasonally strong profitability in a weak market NET SALES PER QUARTER, FACTORS IMPACTING Q3 OUTLOOK figures in EUR million • Low project volumes and • Weak demand outlook through 2026 moderate recurring revenue and 2027. Expiring IT contracts add growth reduced net sales. pressur
Slide 13: Group performance
Group performance siTowise
Slide 14: Sweden business area divestment completed in Q3
Sweden business area divestment completed in Q3 • Sale of Sitowise Sverige AB shareholding was completed on 31 July. • Enterprise value ~EUR 3.0m • Earn-out up to ~EUR 2.0m, with potential upside in 2027–2029 • YTD discontinued operations loss of EUR 5.7m, including EUR 2.8m FX translation losses re
Slide 15: Infra and Building order books increased, Digi's declined
Infra and Building order books increased, Digi’s declined Order book and order intake EUR million 1 1 5 13 1 1 1 0 13 13 1 0 135 135 131 132 126 12 50 51 5 36 3 33 rder intake 32 rder ook cti e order ook Q1 2026 incl. New projects won during the reporting 6. M€ period included the structural and fir
Slide 16: Net sales increased, profitability reflecting strong performance in Infra
Net sales increased, profitability reflecting strong performance in Infra and seasonality in Digital Solutions Net sales Profitability Factors impacting Q3 EUR million . 10 . + Infra maintained solid performance. . . 6 + Data centers supporting Buildings. . 6.5 6.2 5 + Digi’s profita ility supported
Slide 17: Utilization rate close to prior-year driven by Infra
Utilization rate close to prior-year driven by Infra FTEs down in Buildings and Digi while Infra up YoY Personnel Utilization rate 1 15 1 16 16 6 1 650 1 633 1 615 1 63 5 2 15 1 1 516 1 516 1 1 1 6 1 0 0 1 25 2 25 3 25 25 1 26 2 26 3 26 1 25 2 25 3 25 25 1 26 2 26 3 26 Personnel 17 FTE = Full-time e
Slide 18: Cash flow reflecting NWC changes, leverage improving YoY
Cash flow reflecting NWC changes, leverage improving YoY following sale of loss-making Sweden Cash flow from Net debt Leverage operating activities EUR million, end of period Net debt / Adjusted EBITDA (LTM) multiple Before financial items and taxes, EUR million 1 25 2 25 3 25 25 1 26 2 26 3 26 1 25
Slide 19: Q3 2026 Profit and Loss Statement
Q3 2026 Profit and Loss Statement illion N N et sales 35. 11 . 162.3 adjusted 3.2 .6 12. Q3 2026 FTEs of net sales . .1 . +1.9% 3.1 .0 10. YoY perating profit 2.2 5.2 6. of net sales 6.1 . .2 esult for the period 0. 0. 1.1 Q3 ORGANIC ash flo fro operating acti ities efore GROWTH 2. . 1 . +5.3% finan
Slide 20: Stable market outlook for Infra, weak yet improving for Buildings
Stable market outlook for Infra, weak yet improving market outlook for Buildings and softness in Digi Share of Market Profitability Profitability net sales outlook Q3 2026 Q3 2025 Above Above Infra 46% Stable target target Weak Clearly Clearly Buildings 32% (improving) below target below target Digi
Slide 21: Market outlook 2026 and 2027
Market outlook 2026 and 2027 • Megatrends support long-term demand. • Mixed outlook for Infra and Buildings: • Opportunities in critical AI infrastructure (data centers, energy, grids), green transition and security. • The completion of several major public-sector alliance projects, limited number o
Slide 22: Q&A
Q&A Sitowise Q4/FY 2026 Result 11 February 2027 @8.30 am EET [email protected] 22 Sitowise logo
Slide 23: Strategy update
Strategy update pe we siTowise
Slide 24: Sitowise strategy
Sitowise strategy siTowise VISION See > #1 preferred technical consulting and digital partner ibeimos: innovative PURPOSE Og >» Engineering the foundation of Nordic resilience cir The most 2 WE WILL FOCUS ON > sustainable - S , Th t = >, Empower Grow with Scale efficient customers digital ». al Cust
Slide 25: We announced a new partnership with Lovable last week
We announced a new partnership with Lovable last week This partnership addresses our vision and Grow with customers and Scale Digital focus areas #1 preferred technical consulting and digital partner
Slide 26: Slide 26
Slide 27: The goal is to accelerate the development of new digital services
Partnership ambition: Collaboration in a nutshell: The goal is to • It brings software creation closer to the practical needs of municipalities, making it accelerate the development possible for non-developers to build and adapt of new digital services and digital tools themselves. analytics solutio
Slide 28: Thank you! Q&A
Thank you! Q&A Sitowise Q4/FY 2026 Result 11 February 2027 @8.30 am EET [email protected] 28 Sitowise logo