Page 1

● ● ● SECOND QUARTER 2021 Net sale were SEK 5,571 m ( 3,329 ) ; an increase of 67 % , of which 66 % was organic growth . ● ● ^ > DOMETIC QUARTERLY REPORT Q2 / 2021 Solna , July 16 , 2021 Operating profit before depreciation and amortization ( EBITDA ) was SEK 1,100 m ( 504 ) , representing a margin of 19.8 % ( 15.1 % ) . ALL - TIME HIGH SALES AND EBIT Operating profit ( EBIT ) before items affecting comparability was SEK 955 m ( 361 ) , representing a margin of 17.2 % ( 10.9 % ) . • Profit for the quarter was SEK 560 m ( 125 ) . Earnings per share were SEK 1.85 ( 0.42 ) . FINANCIAL OVERVIEW Items affecting comparability were SEK -58 m ( -61 ) Operating profit ( EBIT ) was SEK 898 m ( 300 ) , representing a margin of 16.1 % ( 9.0 % ) . SEK m Net sales EBITDA % of net sales • Cash flow for the quarter was SEK 1,644 m ( 2,031 ) . Operating cash flow was SEK 875 m ( 311 ) . Operating profit ( EBIT ) before items affecting comparability ( ¹ % of net sales Operating profit ( EBIT ) % of net sales Profit ( loss ) for the period Earnings per share , SEK Cash flow for the period Operating cash flow ( 2 ) Core working capital Net debt leverage RoO C FIRST SIX MONTHS 2021 • Net sales were SEK 10,428 m ( 7,527 ) ; an increase of 39 % , of which 41 % was organic growth . ● Operating profit before depreciation and amortization ( EBITDA ) was SEK 2,017 m ( 1,100 ) , representing a margin of 19.3 % ( 14.6 % ) . ● Operating profit ( EBIT ) before items affecting comparability was SEK 1,686 m ( 783 ) , representing a margin of 16.2 % ( 10.4 % ) . • Items affecting comparability were SEK -63 m ( -93 ) . Operating profit ( EBIT ) was SEK 1,623 m ( 690 ) , representing a margin of 15.6 % ( 9.2 % ) . • Profit for the period was SEK 1,050 m ( 330 ) . • Earnings per share were SEK 3.50 ( 1.12 ) . • Cash flow for the period was SEK -537 m ( 1,919 ) . Operating cash flow was SEK 857 m ( 491 ) . • Net debt leverage at the end of the period was 1.4x ( 3.1x ) Q2 2021 5,571 1,100 19.8 % 955 17.2 % 898 16.1 % 560 1.85 1,644 875 4,670 1.4 41.9 % Q2 2020 3,329 504 15.1 % 361 10.9 % 300 9.0 % 125 0.42 2,031 311 3,828 3.1 19.4 % YTD 2021 10,428 2,017 19.3 % 1,686 16.2 % 1,623 15.6 % 1,050 3.50 -537 857 4,670 1.4 41.9 % YTD 2020 7,527 1,100 14.6 % 783 10.4 % 690 9.2 % 330 1.12 1,919 491 3,828 3.1 19.4 % See Note 5 Items affecting comparability . ( 2 ) Net cash flow from operations after investments in fixed assets and excluding income tax paid . Paid interest / received interest is a part of the net cash flow of financing . LTM 2021 19,107 3,586 18.8 % 2,842 14.9 % 2,813 14.7 % 1,171 3.90 1,210 2,624 4,670 1.4 41.9 % FY 2020 16,207 2,669 16.5 % 1,939 12.0 % 1,880 11.6 % 451 1.52 3,666 2,258 2,952 2.0 26.9 % DOMETIC Q2 REPORT - SOLNA , JULY 16 , 2021 1