Roko Ab Class B · OMXSTO:ROKO_B
Roko Ab Class B — Q3 2026 Earnings Presentation
14 slides from Roko Ab Class B's earnings presentation, Oct 23, 2026
Slide 1: Interim report January - September 2026
The Perpetual Owner Interim report January - September 2026 23 October 2026 1
Slide 2: First nine months 2026
First nine months 2026 Growth in EBITA1 Change in Net Debt / EBITDA2 +30% +0.5x ▪ Exchange rate fluctuations had -2% impact on net sales in the period ▪ Increase in leverage driven by five acquisitions in the period Source: Company information Note: Based on actual reported information. 1) Reported
Slide 3: 2026 Financial development
2026 Financial development Jul - Sep Jan - Sep SEKm 2025 2026 Change 2025 2026 Change Net Sales 1,518 2,180 44% 4,776 6,078 27% Adj. EBITA 275 433 57% 983 1,275 30% Adj. EBITA margin 18% 20% +2 pp 21% 21% +0 pp Operating Cash flow less CAPEX(1) 204 305 50% 680 914 34% Organic net sales growth 2% 9%
Slide 4: Growth last three years
Growth last three years SEKm (unless otherwise stated) FY23 FY24 FY25 CAGR Sep'26 LTM EBITA (LTM) 1,047 1,227 1,339 1,631 Organic EBITA growth 9% 4% 6% n.a. Acquired EBITA growth 8% 10% 9% n.a. FX EBITA growth 0% -4% -2% -2% EBITA Growth 17% 9% 13% 20% EBITA growth of 17% p.a. since 2023, after nega
Slide 5: Financial development
Financial development SEKm FY 2022 FY 2023 FY 2024 FY 2025 YTD 2025 YTD 2026 Net sales 4,316 5,614 6,182 6,452 4,776 6,078 - Of which organic growth 1) 8% -2% 2% 2% 3% 6% Adj. EBITA 2) 787 1,047 1,227 1,339 983 1,275 - Of which organic growth 9% 4% Adj. EBITA margin 18% 19% 20% 21% 21% 21% ROCE 3) 1
Slide 6: Cash flow and capital efficiency
Cash flow and capital efficiency Cash flow from operations and cash conversion Capital employed and ROCE SEKm YTD'25 YTD'26 SEKm Sep'25 Sep'26 Operating cash flow less CAPEX 680 914 Equity 5,528 6,352 Adj. EBITA 983 1,275 Interest-bearing debt 1,000 2,638 Cash conversion 1) 69% 72% Leasing 573 767 P
Slide 7: 5 acquisitions YTD 2026
5 acquisitions YTD 2026 Country Description Net sales Detailed information Lasers for dentistry Diode and erbium lasers for dentists and veterinary with global IT 11 MEUR and veterinary sales Golf equipment Market leading golf equipment retailer in Norway NO 250 MNOK retailer (Röko owns Golf Experte
Slide 8: Appendix
ROKO Appendix
Slide 9: KPIs
KPIs SEKm YTD Sep 25 YTD Sep 26 Change Net sales 4,776 6,078 27% Adj. EBITA 983 1,275 30% Adj. EBITA margin, % 21% 21% +0 pp LTM Adj. EBITA 1,321 1,631 23% Adj. EBITDA 1,110 1,436 29% Adj. EBITDA margin, % 23% 24% +0 pp Capital employed 9,245 11,961 29% Return on capital employed, % 14.5% 15.5% +1.0
Slide 10: Profit and loss statement
Profit and loss statement Full-year YTD YTD SEKm 2019 2020 2021 2022 2023 2024 2025 2025 2026 Net sales 23 614 2,083 4,316 5,614 6,182 6,452 4,776 6,078 Cost of goods sold -15 -310 -1,293 -2,668 -3,343 -3,543 -3,567 -2,666 -3,344 Gross profit 8 304 790 1,648 2,271 2,639 2,884 2,110 2,735 Selling exp
Slide 11: Balance sheet
Balance sheet December Sep SEKm 2019 2020 2021 2022 2023 2024 2025 2026 Fixed assets Intangible assets 955 1,506 3,984 7,339 7,481 8,337 8,354 10,539 Tangible assets 197 251 506 747 697 783 818 1,130 Other long-term securities and receivables 1 4 14 15 38 31 40 76 Total non-current assets 1,152 1,76
Slide 12: Cash flow statement
Cash flow statement Full-year YTD YTD SEKm 2019 2020 2021 2022 2023 2024 2025 2025 2026 Operating activities Operating profit -11 89 312 612 821 969 1,051 758 1,033 Adjustment for non-cash items 2 44 107 262 358 404 422 311 371 Net financial items -1 -14 -26 -67 -106 -58 -56 -44 -75 Paid tax 0 -40 -
Slide 13: Overview of acquisitions
Overview of acquisitions Year Company Description Business area Country Ownership1) Net sales at acquisition2) Segment split – no. of Companies 3) H2 2019 Arboritec 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