Exsitec (EXS) investor relations material

Executive summary

• Q3 net sales rose 23% to SEK 230.6m, including 3% organic growth; Amesto Solutions was the main driver of reported growth.

• Adjusted EBITA increased 18% to SEK 29.8m, with a 12.9% margin versus 13.5% in Q3 2025.

• Completed restructuring is expected to generate SEK 35m in annual net savings from Q1 2027; Q3 restructuring costs were SEK 26.7m.

Financial highlights

• Q3 EBITA was SEK 3.1m versus SEK 25.3m; adjusted EBITA was SEK 29.8m excluding SEK 26.7m of restructuring costs.

• Q3 net loss was SEK 13.2m versus SEK 9.9m profit; diluted EPS was -SEK 0.99 versus SEK 0.74.

• 9M net sales rose 10% to SEK 723.3m, including 4% organic growth; adjusted EBITA was SEK 128.4m versus SEK 115.3m.

• 9M profit was SEK 38.1m versus SEK 60.6m; diluted EPS was SEK 2.82 versus SEK 4.51.

• Q3 order intake increased 23% YoY; conversion to software and support revenue can lag by up to 6–9 months.

Outlook and guidance

• Restructuring savings are estimated at SEK 35m annually, with full effect from Q1 2027; expected revenue impact is limited and no further Amesto-related one-offs are planned.

• Organic growth remains a priority; increased delivery capacity following the acquisition and a stronger pipeline support growth prospects.

• Long-term goals are at least 15% annual net sales growth and adjusted EBITA-per-share growth; management views a 50/50 organic and M&A growth mix as healthy.