Savox Communications (SAVOX) investor relations material

IPO announcement and objectives

• Plans for an initial public offering and listing on Nasdaq Helsinki to support long-term strategy and financial flexibility.

• IPO proceeds will strengthen the balance sheet, support working capital, finance projects, and fund product development.

• Listing aims to broaden ownership, increase share liquidity, and enhance competitiveness and recognition.

• Cornerstone investors have committed to subscribe for approximately EUR 26 million, subject to a maximum pre-money valuation of EUR 160 million.

• Principal shareholder will remain a committed long-term owner post-IPO.

Strategic priorities and market position

• Focus on accelerating growth in Europe, the US, and selected Asia-Pacific markets, leveraging strong positions in defence and safety sectors.

• Strategy targets average annual revenue growth of at least 20% through 2030 and an EBIT margin above 20% over time.

• Emphasis on deepening customer relationships, technological innovation, and expanding product offerings.

• Production is primarily in Finland, supporting quality and delivery reliability.

• No immediate need for substantial additional investment in production capacity.

Financial performance and guidance

• 2025 revenue was EUR 56.1 million with an adjusted EBIT margin of 14%.

• Q1 2026 order backlog reached EUR 61 million, including EUR 35 million confirmed orders.

• 2026 revenue guidance is EUR 65–75 million with an adjusted EBIT margin of 14–18%.

• Dividend policy targets a 30–50% payout ratio of comparable earnings over time.

• Key financial ratios show improving profitability and balance sheet metrics.