Interim report
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Q2 20 26 722 BICO >>> Q2 2026 SUMMARY • Net sales for the second quarter was SEK 336.1m ( 324.2 ) , an increase in sales growth of 3.7 percent compared to the same quarter last year . Organic sales growth was 7.3 percent EBITDA was SEK 15.6m ( -52.5 ) with an adjusted EBITDA of SEK 20.1m ( -49.7 ) . The difference between EBITDA and the adjusted EBITDA mainly relates to restructuring costs of SEK 4.5m in relation to the US based integrated Lab automation solution business Cash flow from operating activities totalled SEK -53.0m ( -28.2 ) H1 2026 SUMMARY • Net sales for the first half year was SEK 666.0m ( 659.0 ) , an increase in sales growth of 1.1 percent compared to the same period last year . Organic sales growth was 9.2 percent EBITDA was SEK -26.8m ( -73.9 ) with an adjusted EBITDA of SEK 8.7m ( -71.1 ) . The difference between EBITDA and the adjusted EBITDA mainly relates to restructuring costs Cash flow from operating activities totalled SEK -8.7m ( 48.4 ) CONSOLIDATED KEY DATA AND RATIOS April - June April - June Jan- June Jan - June Jan - Dec SEKM Net sales 2026 2025 2026 2025 2025 336.1 324.2 666.0 659.0 1,497.2 Organic sales growth , % 7.3 -17.0 9.2 -19.4 -7.9 Gross margin , % 59.3 43.9 56.7 50.4 52.1 Adjusted EBITDA 20.1 -49.7 8.7 -71.1 1.6 Adjusted EBITDA margin , % 6.0 -15.3 1.3 -10.8 0.1 Operating profit ( EBIT ) -41.6 -105.4 -155.0 -183.3 -1,292.6 Net profit / loss cont . ops . -37.2 -181.7 -168.5 -417.1 EPS , SEK ( diluted ) -0.53 -2.55 -2.39 -5.87 Cash flows from operating activities -53.0 -28.2 -8.7 48.4 -1,583.8 -22.38 68.4 Net cash ( + ) / net debt ( - ) 207.1 -452.5 207.1 -452.5 277.3 In addition to financial measures defined by IFRS , BICO presents some alternative performance measures in this year - end report that are not defined by IFRS . These non IFRS measures , as defined on www.bico.com/investors will not necessarily be comparable to similarly titled measures in other companies ' reports . Neither should they be considered as substitutes to financial reporting measures prepared in accordance with IFRS . All numbers in this report refer to continuing operations if not otherwise stated . MatTek and Visikol have been classified as discontinued operations with retroactive effect .