Addnode Group Ab Class B · OMXSTO:ANOD_B
Addnode Group Ab Class B — Q3 2026 Earnings Presentation
31 slides from Addnode Group Ab Class B's earnings presentation, Oct 23, 2026
Slide 1: Presentation of Addnode Group's Interim Report January – September 2026
2026-10-23 Presentation of Addnode Group’s Interim Report January – September 2026 Johan Kristina Andersson Elfström Mackintosh President and Chief Executive Officer Chief Financial Officer [email protected] [email protected] +46 70 420 58 31 +46 70 633 89 90
Slide 2: Agenda
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Agenda • Third Quarter 2026 • Q&A Appendix
Slide 3: Software and Digital Solutions in Selected Niches
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Software and Digital Solutions in Selected Niches Process Division Design & PLM Divisions Our Competitive Strengths 1 2 Domain Expertise Mission-Critical software with High Switching Costs 5 Continents 20 Trusted Partner 3 to our Customers Financial
Slide 4: Highlights of Q3 2026
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Highlights of Q3 2026 2021 – 2026 R12 +10% +68% Net sales growth EBITA growth 17.4% EBITA margin 7,000 1,050 6,000 900 • Organic growth, acquisitions and cost-efficiency 5,000 750 initiatives have contributed to Addnode Group’s strong improvement in
Slide 5: Three divisions – all improved EBITA and margin in Q3
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Three divisions – all improved EBITA and margin in Q3 Process Management Design Management Product Lifecycle Management +6% Net sales growth +16% EBITA growth 24.0% EBITA margin +21% Net sales growth +184% 20.5% EBITA growth EBITA margin +0% Net sal
Slide 6: Record deal with the City of Stockholm valued at ~SEK 100 m
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Record deal with the City of Stockholm valued at ~SEK 100 m • Sokigo's largest municipal case management agreements to date • Important reference customer for continued growth in municipal digitalisation - confirms our strong position within digital
Slide 7: Technology and AI investments to leverage global market position
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Technology and AI investments to leverage global market position SpaceIntel Acad-plus Combining the acquired technology with Division Design Management’s strong market position, extensive customer base and global sales organization, we will accelera
Slide 8: Three Customer Success Stories
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Three Customer Success Stories Smarter campus operations for TU Dublin Accelerated development of electric aircraft AI-driven search solution for the intranet The Technological University Dublin wanted support As ELECTRON Aerospace prepared for cert
Slide 9: Net Sales Q3 2025 → Q3 2026
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Net Sales Q3 2025 → Q3 2026 SEK m 3% 5% 1% 1,600 68 17 1 438 1,400 42 1 311 1,200 1,000 800 600 400 200 0 Q3 2025 Organic (excl FX) Acquisitions (excl FX) FX Q3 2026 Net Sales growth Rounding differences of SEK +/-1 m and +/- % may occur in totals.
Slide 10: Net Sales Q3 2025 → Q3 2026 per division
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Net Sales Q3 2025 → Q3 2026 per division SEK m 21% 0% 6% 1,600 105 1 22 1 438 1,400 -1 1 311 1,200 1,000 800 600 400 200 0 Q3 2025 Design PLM Process Central Q3 2026 Net Sales growth per division Rounding differences of SEK +/-1 m and +/- % may occu
Slide 11: Mission-critical Solutions with High Customer Retention
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Mission-critical Solutions with High Customer Retention SEK m 6,000 5,000 62% 4,000 36% 39% 3,000 2026 R12 Recurring Revenue 2,000 2026 R12 1,000 25% 0 Partner Software Own Software Services 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 R12
Slide 12: EBITA Q3 2025 → Q3 2026 per division
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 EBITA Q3 2025 → Q3 2026 per division SEK m 300 17.4% 14 3 250 250 79 4 200 11.4% 149 150 100 50 0 Q3 2025 Design PLM Process Central Q3 2026 EBITA margin Rounding differences of SEK +/-1 m and +/- % may occur in totals. Percentages may also differ s
Slide 13: Consolidated Cash Flow
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Consolidated Cash Flow Jul-Sep Jul-Sep YTD Sep YTD Sep SEK m 2026 2025 Change 2026 2025 Change Operating profit 159 74 85 403 393 10 Adjustments for other non-cash items 118 121 -3 368 326 42 Net financial items 1 -7 8 -61 -56 -5 Tax paid -28 -39 11
Slide 14: Outlook and focus
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 EBITA Growth target of 15% YoY 1,000 970 900 863 903 Outlook and focus 800 • Increase customer value 728 through AI 700 640 • Drive organic growth 600 • Increase recurring revenue • Operational efficiency 500 461 • Value-accretive acquisitions 400 3
Slide 15: Questions & Answers
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Questions & Answers
Slide 16: Appendix
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Appendix
Slide 17: Financial Targets
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Financial Targets 15 EBITA Growth % 17 % EBITA Margin 30-50 % Dividend Policy < 2.5 x Net Debt / EBITDA
Slide 18: A Global Group
2026-10-23 INTERIM REPORT JANUARY - SEPTEMBER 2026 A Global Group Net Sales 2026 Q3 Sweden 33% USA 22% Germany 12% Countries Continents 20 5 UK 11% Other 22%
Slide 19: Organic and Acquisition-led Growth Strategy
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Organic and Acquisition-led Growth Strategy Net Sales, SEK bn 7% 5,8 6% 5,6 -3% 5% 13% 5,0 3% 26% 4,3 12% 7% 3% 3,1 4% 4% 4% 2,8 -1% 2,9 8% 3% 2,6 7% 6% 2,3 14% 4% 2,0 1,7 3 10 4 3 4 4 5 3 7 10 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Slide 20: 96 Acquisitions Since Inception of Addnode Group 2003
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 96 Acquisitions Since Inception of Addnode Group 2003 5D Systemkonsult Essvision Arkiva CAD Teknikk Stamford Athena Spatial Technology BSD Voice Provider SWG Cadi Intrinsys Mapfactory Infostrait Centus Faester Sci Canella Decernogruppen Abou Technia
Slide 21: 96 Acquisitions Since Inception of Addnode Group 2003 (continued)
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 96 Acquisitions Since Inception of Addnode Group 2003 (continued) Congere Railit Unizite PCskog Excitech Genus Netpublicator Apps Repro Products Scanscot TPM FF Solutions S-Group SolidCAD Solutions X10D Solutions Elpool ACAD-Plus Procad Budsoft Clay
Slide 22: Key Financials
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 2026-10-23 Key Financials 2020 2021 2022 2023 2024 2025 2026R121) Net Sales, SEK bn2) 2.9 3.1 4.3 5.0 5.6 5.8 6.0 Net Sales growth, % 3 9 39 16 11 4 7 EBITA, SEK bn 0.4 0.5 0.7 0.6 0.9 0.9 1.0 EBITA margin, %2) 12.5 14.8 16.8 12.7 15.4 15.6 16.2 EBT
Slide 23: EBITA Margin Development Financial Targets
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 EBITA MARGIN DEVELOPMENT Financial Targets 1,000 16.2% 20.0% 15.4% 15.6% 900 EBITA Margin Target: 17% 16.8% 18.0% 800 14.8% 16.0% EBITA MARGIN 12.7% 17% 700 14.0% 12.5% 11.6% 11.8% 600 12.0% 500 9.2% 10.0% 8.3% 400 8.0% 300 6.0% 200 4.0% 100 2.0% 0
Slide 24: Addnode Group, Significant earnings improvement
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Addnode Group, Significant earnings improvement Key Highlights, Q3 2026 Key Financials, Q3 2026 2021 – 2026 R12 Q3 Q3 Change 2026 • Organic growth 3 percent 2026 2025 % R12 • Currency effects impacted net sales by Net sales, 7,000 1,050 SEK 17 m (-5
Slide 25: Interim Report January - September 2026
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23
Slide 26: Three Divisions
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Three Divisions Share of Net Sales* Q3 2026 Share of EBITA* Q3 2026 Process Design Process Design Management Management Management Management 29% 41% 37% 46% Product Product Lifecycle Lifecycle Management Management 30% 17% * Before eliminations / c
Slide 27: Division Design Management
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Division Design Management Key Highlights, Q3 2026 Key Financials, Q3 2026 2021 – 2026 R12 Q3 Q31) Change 2026 • Net sales increased by 21 percent to 3,000 600 2026 2025 % R12 SEK 595 m (490) Net sales, ‒ Sales of partner software significantly SEK
Slide 28: Division Product Lifecycle Management
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Division Product Lifecycle Management Key Highlights, Q3 2026 Key Financials, Q3 2026 2021 – 2026 R12 • Net sales stable at SEK 436 m (435) Q3 Q3 Change 2026 ‒ Organic growth decreased by 3 percent 2026 2025 % R12 2,000 200 Net sales, ‒ Strategicall
Slide 29: Division Process Management
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Division Process Management Key Highlights, Q3 2026 Key Financials, Q3 2026 2021 – 2026 R12 • Net sales increased by 6 percent to Q3 Q31) Change 2026 SEK 417 m (395) 2026 2025 % R12 2,000 450 ‒ Organic growth increased by 4 percent Net sales, 1,750
Slide 30: Consolidated Financial Position
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 2026-10-23 Consolidated Financial Position Sep 30 Sep 30 SEK m 2026 2025 Change Intangible Non-current Assets 6,085 4,972 1,113 Other Non-current Assets 395 396 -1 Net Working Capital 7 -117 124 Total Net Assets 6,487 5,251 1,236 Equity 3,060 2,639
Slide 31: Leverage and Balance Sheet
INTERIM REPORT JANUARY - SEPTEMBER 2026 2026-10-23 Leverage and Balance Sheet Financial Target 3,0x 3,000 2,5x 2,4 2,4 2,500 NET DEBT / EBITDA 2,0 <2.5x 2,0x 2,000 1,5x 1,3 1,500 1,1 1,0x 0,8 1,000 0,7 0,6 0,5 0,5x 0,4 0,4 500 0,0x 0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 R12 Net Deb