PION Group (PION) investor relations material

Executive summary

• Q3 revenue rose 2.0% YoY to SEK 360.1M; EBIT increased to SEK 17.3M from SEK 5.0M, lifting the margin to 4.8% from 1.4%.

• For 9M, revenue increased 1.3% to SEK 1,071.8M and EBIT recovered to SEK 33.0M from a SEK 3.0M loss; operating cash flow was SEK 10.4M versus negative SEK 7.4M.

• Management attributed improved profitability to higher sales and gross profit alongside a more efficient cost structure built over the past two years.

Financial highlights

• Q3 net income was SEK 13.7M versus SEK 3.4M; diluted and basic EPS were SEK 0.28 versus SEK 0.07.

• 9M net income was SEK 25.7M versus a SEK 3.4M loss; diluted and basic EPS were SEK 0.53 versus negative SEK 0.07.

• Q3 operating cash flow was negative SEK 20.9M versus negative SEK 13.3M, while 9M operating cash flow improved to SEK 10.4M from negative SEK 7.4M.

• 9M revenue growth was 5.2% on a comparable basis, adjusting for divested operations affecting 2025 and normalizing working days; reported growth was 1.3%.

Outlook and guidance

• Long-term goals: grow faster than the market and achieve a 5% EBIT margin over a business cycle.

• Dividend policy targets distribution of at least 50% of annual net income, subject to financial position and capacity for value-creating acquisitions.

• Uniflex entered Q4 with improved profitability, strong commercial activity and a growing contract base; demand in priority segments was expected to remain good.

• Poolia cited strategic contracts secured in 2025–26 as support for continued growth; QRIOS planned to strengthen delivery in priority markets amid cautious investment appetite.