Indutrade Ab · OMXSTO:INDT
Indutrade Ab — Q3 2026 Earnings Presentation
17 slides from Indutrade Ab's earnings presentation, Oct 23, 2026
Slide 1: Q3 Report 2026
An entrepreneurial world where people make the difference Bo Annvik, President and CEO Q3 Report 2026 Jan Öhman, Interim CFO 23 October 2026
Slide 2: Highlights third quarter 2026
Highlights third quarter 2026 ▪ Strong profitable growth! ▪ Further improved demand with order intake growth of 16%, of which Net Sales 6% organically. ‒ Book to bill 101% ‒ Majority of the companies had organic order growth. 8.9BSEK ‒ Strongest demand from customers within Medtech/Pharma, Energy an
Slide 3: Strong top line growth
Strong top line growth Order intake Net Sales MSEK MSEK 10,000 30% 10,000 30% 9,000 25% 9,000 25% 8,000 20% 8,000 20% 7,000 15% 7,000 15% 6,000 10% 6,000 10% 5,000 5% 5,000 5% 4,000 0% 4,000 0% 3,000 -5% 3,000 -5% 2,000 -10% 2,000 -10% 2021 2022 2023 2024 2025 2026 2021 2022 2023 2024 2025 2026 Q Or
Slide 4: Organic sales development Q3 – major countries
Organic sales development Q3 – major countries Nordics Rest of Europe Rest of the world Sweden Benelux North America Denmark UK/Ireland Asia Finland Germany Norway Switzerland & Austria Total Nordics Total Rest of Europe Total Rest of the world 4
Slide 5: Strong EBITA growth and improved EBITA margin
Strong EBITA growth and improved EBITA margin EBITA & EBITA margin Quarterly growth MSEK Q growth 1,600 17% 15% 1,400 15% 9% 10% 10% 1,200 13% 5% 1,000 800 11% 0% 0% 0% 600 9% -5% 400 7% 200 -10% 0 5% -15% 2021 2022 2023 2024 2025 2026 Organic Acquisitions Divestments Currency Q EBITA Q EBITA margin
Slide 6: Net Sales by Business Area
Net Sales by Business Area Total growth: 15% 4% 15% 18% 8% ▪ Strongest organic sales growth in Process, Energy & Water, benefitting from the 10% increased order book mainly within the energy segment ▪ Industrial & Engineering and Life Science 5% 6% also achieved strong organic sales growth, Q organi
Slide 7: EBITA margin by Business Area
EBITA margin by Business Area EBITA margin development ▪ Industrial & Engineering impacted positively by organic sales growth and positive effects from acquisitions. 20% 18.2% ▪ Good operational leverage in Infrastructure 15.7% 15.9% 15.1% & Construction. 15% 13.3% Q EBITA margin ▪ Margin accretive
Slide 8: Acquisitions 2026
Acquisitions 2026 # Company Country Business area Announced Annual sales 1. Belman A/S Denmark Process, Energy & Water Q1 255 MSEK 2. CAT Ricambi S.r.l. Italy Industrial & Engineering Q1 320 MSEK 3. Axotan AB Sweden Life Science Q2 50 MSEK 4. PHACOTEC Produkt-Service GmbH Germany Life Science Q2 30
Slide 9: Successful acquisition track record
Successful acquisition track record No. of acquired companies per year Quarterly financial effects acquisitions* 18 120 25% 16 100 14 20% 12 80 EBITA (MSEK) EBITA margin 15% 10 60 8 10% 6 40 4 5% 20 2 0 0 0% No. of acquired companies No. of acquired companies (3 yr avg) Acquired EBITA Acquired EBITA
Slide 10: Year-to-date and R12 summary
Year-to-date and R12 summary MSEK 2026-YTD 2025-YTD Change R12 2025 Order Intake 27,013 24,487 10% 35,209 32,683 Net Sales 25,922 24,003 8% 34,148 32,229 Gross margin, % 35.8 35.4 0.4 p.p. 35.7 35.4 EBITA 3,750 3,352 12% 4,844 4,446 EBITA-margin, % 14.5 14.0 0.5 p.p. 14.2 13.8 ROCE, % 19 19 19 18 10
Slide 11: Cash Flow from operating activities
Cash Flow from operating activities Cash Flow development ▪ Operating cash flow during the quarter MSEK increased 20% and amounted to SEK 1,800 160% 1,216 million (1,016). 1,600 140% 1,400 ▪ Continued strong cash conversion, at 120% 1,200 137%. 100% 1,000 80% ▪ Operating working capital on continued
Slide 12: Strong financial position
Strong financial position Net debt development ▪ Interest-bearing net debt increased MSEK compared to same period last year to 12,000 100% SEK 9,574 million (8,100), due to 90% 10,000 increased acquisition pace. 80% 8,000 70% ▪ Low debt ratios: 60% ▪ Net debt/equity ratio was 50% (48%). 6,000 50% 40
Slide 13: Earnings per share
Earnings per share EPS development ▪ EPS increased 19% in the quarter to SEK SEK SEK 2.21 (1.85) per share. 2.5 9.0 8.0 ▪ EPS increase of 13% year to date 2.0 7.0 6.0 1.5 5.0 4.0 1.0 3.0 0.5 2.0 1.0 0.0 0.0 2021 2022 2023 2024 2025 2026 Q EPS R12 EPS 13
Slide 14: Key takeaways
Key takeaways ▪ Continued strong top line and EPS growth ▪ Broad demand improvement with majority of companies growing order intake. ▪ Good operational leverage and continued strong gross margin. ▪ Slightly strengthened order backlog and good acquisition pace, however, market uncertainty remains hig
Slide 15: Thank you! Q&A
Thank you! Indutrade
Slide 16: Financial calendar & contact details
Financial calendar & contact details 27 J ANUARY 2027 Q4 Report 6 A PRIL 2027 AGM 23 A PRIL 2027 Q1 Report 16 J ULY 2027 Q2 Report 22 O CTOBER 2027 Q3 Report Contact: [email protected] +46 8 703 03 00
Slide 17: Trusted by entrepreneurs
MT indutrade Trusted by entrepreneurs