Axvik Group (AXVIK) investor relations material

Executive summary

• Q3 net sales rose 42% YoY to SEK 159.1m from SEK 112.3m, with 10.3% organic growth excluding acquisitions and currency effects.

• Q3 EBITA was SEK 36.8m with a 23.1% margin; the order book was SEK 763.2m at 30 September.

• Pentaxia contributed SEK 34.6m of Q3 sales after consolidation from 1 July 2026.

Financial highlights

• Q3 EBITA was SEK 36.8m vs SEK 30.8m; EBITA margin was 23.1% vs 27.4%.

• Q3 operating profit was SEK 25.3m vs SEK 20.0m; profit for the period was SEK 10.6m vs SEK 12.8m, and EPS was SEK 0.50 vs SEK 0.72.

• Q3 operating cash flow was SEK 17.2m and free cash flow SEK 12.3m after SEK 4.9m of investments; working capital increased SEK 5.3m.

• Q3 net financial items were SEK -5.5m vs SEK -0.6m, including SEK -2.9m of net exchange differences, mainly from GBP loan translation.

• Jan-Sep net sales were SEK 383.4m, EBITA SEK 96.7m, and operating cash flow SEK 57.9m.

Outlook and guidance

• 2026–2028 targets: average organic growth of at least 10% annually, EBITA margin above 15%, and LTM pro forma net debt/EBITDA below 1.5x at each balance-sheet date.

• No quarterly guidance; delivery timing varies with contracts and customer build schedules.

• Acquisition focus: European and North American businesses with SEK 100m–500m top line, long-term program positions, strong customer ties, certifications and qualifications.