Bravida Holding Ab · OMXSTO:BRAV
Bravida Holding Ab — Q3 2026 Earnings Presentation
22 slides from Bravida Holding Ab's earnings presentation, Oct 23, 2026
Slide 1: Q3 2026 Interim Report
Q3 2026 Interim Report Improved profitability and all-time high order backlog in a growing market Bravida Q1 2026 Mattias Johansson, CEO & Group President Petra Vranjes, CFO Stockholm, Mattias23 October 2026 Johansson, President & CEO Petra Vranjes, CFO May 5th, 2026 1 Presentation Interim Report Q3
Slide 2: A strong third quarter 2026
A strong third quarter 2026 Net sales Organic growth EBITA margin 7,027 +9% 6.5% (6,433) (-3) (5.3) Order intake Order backlog Net debt / EBITDA +72% +48% 1.0x (5) (-1) (1.5) (=Q3 2025) 2 Presentation Interim Report Q3 2026
Slide 3: Strong organic growth and increased EBITA margin
Strong organic growth and increased EBITA margin • Improved profitability in all markets with higher volumes • 34% (17) EBITA growth to 460 (342) MSEK, EBITA margin was 6.5% (5.3). EBITA had a negative impact of 8 • 9% (-2) sales growth to 7,027 (6,433) MSEK, of which million SEK from non-recurring
Slide 4: Society's transformation benefits Bravida's business
Society's transformation benefits Bravida's business Reliable Data centre security systems Defence industry Industrial Hospital buildings with projects Energy saving operational security in buildings Infrastructure project 4 Presentation Interim Report Q3 2026
Slide 5: Significantly increased order intake and order backlog
Significantly increased order intake and order backlog Order intake increased 72% (5) YoY Order backlog increased 48% (-1) YoY MSEK MSEK MSEK 14,000 40,000 26,000 24,216 24,000 12,000 35,000 22,000 10,317 20,000 30,000 17,895 10,000 18,000 16,610 16,459 16,381 25,000 16,000 8,000 14,000 6,539 20,000
Slide 6: Selection of new customer assignments during Q3
Selection of new customer assignments during Q3 Sweden Denmark Norway Finland Continuing collaboration Technical partner for data Framework agreement with Main contractor for data with EcoDataCenter in centre in Denmark Avinor for electrical centre in Finland Borlänge services • New data centre: pow
Slide 7: Bravida has solid expertise and experience in data centre facilities
Bravida has solid expertise and experience in data centre facilities Since 2009 More than 200 MW in total 7
Slide 8: 6 new data centre orders in recent months
6 new data centre orders in recent months Norway June 2026 / 4,300 MSEK Sweden July 2026 / 650 MSEK Sweden August 2026 / 850 MSEK • Electrical and • Project management, • Electrical, industrial piping design, and all plumbing, technical installations • Planned ventilation and completion: sprinkler •
Slide 9: Other advanced projects
Other advanced projects Fazer chocolate factory E4 The Stockholm Bypass (18 km tunnel) Lantmännen Biorefineries New Odense University Hospital HVAC installations Power, lighting, HVAC, water & wastewater, fire Electrical, HVAC, plumbing, process-related Critical power systems, long-term service prot
Slide 10: Acquisition always on our agenda
Acquisition always on our agenda • Strong pipeline, but limited availability of financially robust targets 22 acquisitions No. acquisitions 2014-2026 Net sales 3.0 SEKbn 167 Sverige Finland Norge SEK ~12.5 bn Acquired sales 2014-2026 21 acquisitions Net sales 2.4 SEKbn 28 acquisitions Net sales 1.8
Slide 11: Financials – Q3 2026
Financials – Q3 2026 Petra Vranjes, CFO 11
Slide 12: Q3 2026: Sweden
Q3 2026: Sweden MSEK Quarterly net sales and EBITA margin LTM % MSEK Q3 2026 Q3 2025 YTD 2026 YTD 2025 4,000 6.4% 8 3,500 7 Net sales 3,047 2,878 10,066 9,520 3,080 3,047 3,000 2,878 6 EBITA 187 172 543 542 2,500 5 EBITA 2,000 4 6.1 6.0 5.4 5.7 margin,% 1,500 3 Order intake 4,293 2,925 11,862 9,729
Slide 13: Q3 2026: Denmark
Q3 2026: Denmark MSEK Quarterly net sales and EBITA margin LTM % MSEK Q3 2026 Q3 2025 YTD 2026 YTD 2025 2,500 6.1% 8 7 Net sales 1,929 1,910 5,657 5,382 2,000 1,910 1,929 6 1,595 EBITA 146 105 335 240 5 1,500 EBITA 4 7.5 5.5 5.9 4.5 margin,% 1,000 3 Order intake 1,853 1,375 5,577 6,247 2 500 Order b
Slide 14: Q3 2026: Norway
Q3 2026: Norway MSEK Quarterly net sales and EBITA margin LTM % MSEK Q3 2026 Q3 2025 YTD 2026 YTD 2025 2,500 8 6.3% 7 Net sales 1,388 1,165 4,193 3,906 2,000 6 EBITA 86 66 242 218 1,388 5 1,500 1,297 EBITA 1,165 4 6.2 5.7 5.8 5.6 margin,% 1,000 3 Order intake 1,462 996 8,693 4,113 2 500 Order backlo
Slide 15: Q3 2026: Finland
Q3 2026: Finland MSEK Quarterly net sales and EBITA margin LTM % MSEK Q3 2026 Q3 2025 YTD 2026 YTD 2025 1,000 8 3.4% 7 Net sales 701 528 1,888 1,628 701 6 646 EBITA 36 3 64 26 5 528 EBITA 500 4 5.1 0.6 3.4 1.6 margin,% 3 Order intake 2,748 749 4,215 1,980 2 Order backlog 3,665 1,253 3,665 1,253 1 0
Slide 16: Stable financial position gives us capacity to invest in continued growth
Stable financial position gives us capacity to invest in continued growth Operating cash flow Highlights MSEK 1,000 Financial position Q3 2026 800 • Cash conversion was 110% (63) Cash balances 965 800 • RCF 2,500 MSEK with maturity Term loan, RCF, Commercial paper -2,080 February 2028 with options +
Slide 17: Share buyback program part of optimising capital structure
Share buyback program part of optimising capital structure • AGM 2026 resolved to authorize Bravida’s Board to repurchase own ordinary shares • The aim of buyback program is to optimise the capital structure and create long-term shareholder value • Bravida’s buyback program that runned during the qu
Slide 18: Long-term perspective in our sustainability efforts
Long-term perspective in our sustainability efforts LTIFR Proportion of electric vehicles 4.9 51% (5.0) (42) Change in CO2e emissions Scope 1 Change in tonnes CO2e Scope 1/net sales -33% -34% (-20) (-17) (=Q3 2025) 18 Presentation Interim Report Q3 2026
Slide 19: Strong third quarter in key metrics
Strong third quarter in key metrics Organic growth EBITA margin EPS 9% 6.5% 1.70 (-3) (5.3) (1.19) Cash conversion Net debt / EBITDA LTIFR 110% 1.0x 4.9 (63) (1.5) (5.0) (=Q3 2025) 19 Presentation Interim Report Q3 2026
Slide 20: Solid and exciting platform for long-term value creation
Solid and exciting platform for long-term value creation • Strong organic growth and improved margin development, combined with significantly increased order intake and record high order backlog • Society's transformation benefits Bravida's business • We are an enabler of the AI-driven digital trans
Slide 21: Financial calendar
Financial calendar Year-end Report 2026 10 February, 2027 Q1 2027 Interim Report 27 April, 2027 Annual General Meeting 27 April, 2027 Q2 2027 Interim Report 15 July, 2027 Q3 2027 Interim Report 26 October, 2027 21 Presentation Interim Report Q3 2026
Slide 22: Q&A
Q&A 22 Presentation Interim Report Q3 2026