Bergman & Beving (BERG) ABGSC Investor Days summary

Strategic direction and priorities

• Focus on profit expansion over revenue growth, guided by a company-by-company strategy and disciplined capital allocation.

• Acquisition of highly profitable B2B companies in niche markets remains a core priority.

• Emphasis on tight cost control, gross margin protection, and readiness to capitalize on improved economic conditions.

• Group support provided through centralized processes and the B & B Tool Box.

Financial performance and growth

• Achieved 23 consecutive quarters of increased EBITA, with an 11% adjusted EBITA increase and a margin of 11.8%.

• Self-financed EBITA growth target of 15% per annum over the business cycle.

• Acquired MSEK 420 in revenue with profit margins above 15% from April to November FY25/26.

• Maintained strong operating cash flow and low net debt/EBITDA ratios.

Business model and operational structure

• Operates as an industrial compounder with a decentralized governance model and 36 autonomous companies.

• Growth driven by both organic initiatives and add-on acquisitions in existing and new niches.

• Centralized capital allocation and disciplined, rule-based acquisition processes underpin expansion.