Hexatronic Group (HTRO) SEB Nordic Seminar presentation summary

Business overview and market position

• Operates globally with diversified exposure across North America (35%), Europe (56%), and APAC/rest of world (9%).

• Provides complete connectivity solutions for homes, antennas, ROVs, and data centers.

• Revenue is around SEK 7.5 billion with 18 production facilities in 9 countries and about 2,000 employees.

• Listed on Nasdaq Stockholm since 2015.

Market trends and growth drivers

• Large number of households still require fiber optic connections in core markets.

• 5G deployment and data-intensive technologies are increasing demand for fiber connectivity.

• Industrial shift from copper to fiber in harsh environments and subsea applications.

• Significant government initiatives are supporting long-term fiber expansion in the US, Germany, and other countries.

Financial performance and segment highlights

• Q3 2025 organic sales growth of 2% to SEK 1.9bn; adjusted EBITA of SEK 146 million (7.7% margin).

• Data Center segment achieved 39% organic growth and 16.9% adjusted EBITA margin; Harsh Environment saw 15% organic growth and 11.1% margin.

• Operating cash flow at SEK 154 million with 117% cash conversion; net debt reduced to SEK 1.7bn.

• Data Center and Harsh Environment now account for over 50% of EBITA.