Beijer Alma (BEIA) investor relations material

Executive summary

• Net revenue rose 5% year-over-year to MSEK 2,131 in Q2 2026, with adjusted EBITA up 14% to MSEK 346 and margin improving to 16.2%.

• Strong earnings growth was driven by both Components and Tech segments, with Beijer Tech delivering robust organic and acquisition-led growth.

• Five acquisitions were completed in Q2, contributing up to MSEK 415 in annualized revenue, including the first outside the Nordic region.

• Limited impact from geopolitical turmoil was noted during the quarter.

• Order bookings grew 6% to MSEK 2,186, and cash flow from operating activities improved to MSEK 337.

Financial highlights

• Adjusted EBITA margin improved to 16.2% in Q2 2026 from 15.8% in Q2 2025.

• Profit after net financial items surged 153% to MSEK 288 year-over-year.

• Earnings per share increased to SEK 3.59 from SEK 1.36.

• Capital efficiency improved to 49% in Q2 2026.

• Net debt/EBITDA stood at 1.7x despite acquisitions and dividend payments.

Outlook and guidance

• Stable operations and a clear acquisition agenda are expected to drive sustainable profit growth in the second half of 2026.

• Acquisitions completed late in the quarter are expected to have a full impact in Q3.

• Ongoing efforts to resolve issues at Alcomex, likely to be completed by year-end.

• Focus remains on disciplined acquisitions and expanding into new geographic and niche markets.