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INTERIM REPORT , January - September 2021 Helsingborg , 2 November 2021 Third quarter of 2021 Consolidated net sales increased by 10 percent to SEK 1,003 m ( 916 ) , of which organic growth amounted to 1 percent , acquisitions with 9 percent and currency had a negative impact of -1 percent Stable returns in spite of headwinds from input price inflation and job sites delays ● ● Net sales in Product & Solutions amounted to SEK 746 m ( 694 ) and in Installation Services to SEK 281 m ( 249 ) Gross profit increased to SEK 298 m ( 283 ) , Gross margin decreased to 29.8 % ( 30.9 % ) EBITDA increased to SEK 176 m ( 164 ) , EBITDA margin decreased to 17.5 % ( 17.9 % ) Operating profit ( EBIT ) increased to SEK 140 m ( 133 ) , EBIT margin decreased to 14.0 % ( 14.6 % ) ROCE increased to 17.1 percent ( 15.6 ) Cash flow from operating activities amounted to SEK 101 m ( 250 ) Earnings per share before and after dilution were SEK 3.58 ( 4.10 ) and SEK 3.56 ( 4.07 ) , respectively Financial key ratios Amounts in SEKm unless otherwise stated Net sales Gross profit Gross margin % * EBITDA * EBITDA margin , % * EBIT EBIT margin , % * Return on capital employed , % * Net profit Cash flow from operating activities Net debt * Earnings per share before dilution , SEK Earnings per share after dilution , SEK To participate , please dial : From the United Kingdom : From Denmark : From Sweden : +44 33 33 00 92 74 +45 78 15 01 07 +46 8 566 427 07 Q3 2021 1,003 298 29.8 % 176 17.5 % 140 14.0 % n / a 86 101 766 3.58 3.56 NORDIC WATERPROOFING HOLDING AB Rönnowsgatan 12 252 25 Helsingborg , Sverige ● January - September 2021 Consolidated net sales increased by 9 percent to SEK 2,774 m ( 2,534 ) , of which organic growth amounted to 4 percent , acquisitions with 8 percent and currency had a negative impact of -2 percent Q3 2020 916 283 30.9 % 164 17.9 % 133 14.6 % n / a 98 250 431 4.10 4.07 Net sales in Product & Solutions amounted to SEK 2,159 m ( 1,986 ) and in Installation Services to SEK 680 m ( 628 ) Gross profit increased to SEK 809 m ( 722 ) , Gross margin increased to 29.2 % ( 28.5 % ) EBITDA increased to SEK 418 m ( 361 ) , EBITDA margin increased to 15.1 % ( 14.3 % ) Operating profit ( EBIT ) increased to SEK 323 m ( 272 ) , EBIT margin increased to 11.6 % ( 10.7 % ) Cash flow from operating activities amounted to SEK 127 m ( 279 ) Change 10 % 6 % -1.1pp 7 % NORDIC Earnings per share before and after dilution were SEK 8.89 ( 8.28 ) and SEK 8.83 ( 8.21 ) , respectively -0.3pp 5 % WATERPROOFING -0.6pp n / a -12 % -60 % 78 % -13 % -12 % 9M 2021 2,774 809 29.2 % 418 15.1 % 323 11.6 % n / a 213 127 766 8.89 8.83 investors@nordicwaterproofing.com 9M 2020 2,534 722 28.5 % 361 14.3 % 272 10.7 % n / a 198 279 431 8.28 8.21 Change R12 2021 3,542 1,016 28.7 % 511 14.4 % 387 10.9 % 17.1 % 9 % 12 % 0.7pp 16 % 0.8pp 19 % 0.9pp n / a 8 % -54 % 78 % 7 % 8 % 268 311 766 11.21 11.14 A conference call for investors , analysts and media will be held today , 2 November 2021 , at 10:00 a.m. CEST and can be joined online at www.nordicwaterproofing.com . Presentation materials for the call will be available on the website one hour before the call . 12M 2020 3,303 929 28.1 % 455 13.8 % 337 10.2 % 15.6 % 253 462 274 10.60 10.52 Unless otherwise stated , figures within parentheses refer to the preceding year or the corresponding period in the preceding year in respect of income statement and / or cash flow items and the end of the preceding year in respect of balance sheet items . * For definitions and reconciliations of financial and alternative key performance indicators , please see page 27 - 28 . PAGE 1 OF 29 Organisationsnummer : 556839-3168 www.nordicwaterproofing.com