Slides
Page 1
Our actions are paying off – results are improving ” Hello Investors Q3 Report 2026
Page 2
1.Introduction 2. Financial Performance 3. Market Update 4. Q&A Agenda Prevas Q3 2026 2 Q Report 20263
Page 3
Interim report Jan – Mar 20243 • Net Sales 357.0 MSEK (355.2) • EBITA 30.1 MSEK (30.0) • EBITA margin 8.4% (8.4%) • Organic growth +0.5% (-1.2%) • Operating Cash Flow 31.9 MSEK (21.3) • EPS 1.37 SEK (1.34) Stable Performance, Improving Key Metrics 3 Q3 Report 2026 8.4% EBITA MARGIN Third quarter 2026 357MSEK 31.9MSEK Net Sales Third quarter 2026 Operative Cash Flow Third Quarter 2026
Page 4
Sweden and Denmark Driving Improved Performance 4 Q3 Report 2026 Sweden • EBITA +12% vs. Q3 last year, EBITA margin 9.7% • Higher utilization and improved efficiency • Increased delivery volumes in higher-value projects • Organic growth and higher EBITA despite fewer employees Denmark • Profitable again after three loss-making quarters • EBITA margin 7.9% • Higher utilization and improved efficiency • Growth in Cyber Security and Defense
Page 5
Finland is Improving, Further Progress Needed 5 • EBITA positive at 0.7 MSEK (1.5%), still below ambitions • Improvement measures such as increased utilization and reduced costs • Q2 orders contributed positively • Defense projects started later than planned • Focus remains on sales, order delivery and improved profitability Q3 Report 2026
Page 6
Interim report Jan – Mar 20246 Cash Flow and Financial Position Strong balance sheet and solid financial situation. 6 Q3 Report 2026 Cash flow from operating activities MSEK Q3 2026 Q3 2025 Cash flow from operating activities 32 21 Cash flow from investment activities -1 -19 Cash flow from financing activities -33 -12 Cash flow for the period -2 -10 Cash 1 7 Net debt/EBITDA R12 (financial goal: not to exceed 2 over time) 0.90 1.06 Equity ratio, % 54.0 50.0
Page 7
Interim report Jan – Mar 20247 Market Update • Market conditions continue to vary across customer segments, industries and regions • Strong demand in Defense, Energy, Data centers and Cybersecurity • Weak demand in pulp & paper industry • Signs of recovery in Denmark • Some positive signals from export industry except automotive Industry breakdown, Q1-3 2026 7 Q3 Report 2026 Top 5 customers = ~25% of revenue (Q3 2026)
Page 8
8 DefenseContinues to be a Key Growth Driver +6% organic growth Sweden & Denmark +19% Finland had a strong comparison quarter Q3 sales 61 MSEK, R12 sales 283 MSEK 17% of group sales (16%) New customers with growth potential in Sweden, Finland & Denmark Q3 Report 2026
Page 9
Interim report Jan – Mar 20249 Growth Areas & Recruitment Industry breakdown, Q1-4 2025 9 Q3 Report 2026 Top 5 customers = ~25% of revenue (Q4 2025) EAM (Enterprise Asset Management) • +35% organic growth Q1-Q3 vs LY • Large orders in 2026, total +100 MSEK • Services and recurring license revenue • Partner with Octave Cybersecurity • Connectivity and stricter requirements drive demand across products and production Data centers • Prevas delivers automation, piping design, electrical design, mechanical design etc. • Rapid growth from low level 2025 Recruitment to meet customer demands • Hiring in engineering and project management
Page 10
Interim report Jan – Mar 202410 AI in Prevas 10 Q3 Report 2026 Top 5 customers = ~25% of revenue (Q4 2025) For our customers Inside Prevas Project delivery Deliver faster and with higher quality – agentic software development, AI-supported testing and LLM-assisted data analysis. AI solutions AI-powered vision systems, intelligent software and data solutions in our customers' products and processes. Sales & bids AI support for bids, offers and concept development. Support functions Automating administrative services with AI agents. Increased efficiency in analytics. FOUNDATION People & skills Secure platforms & data Responsible AI & governance
Page 11
11 AI Case Alleima AI-based machine vision for automated quality control of steel rods. • Real-Time Image Capture in high speed • High-Volume Analysis, +1000 images per single tube processed live by trained AI network • Defect Detection: System flags surface flaws • Operator Support: Complements human expertise Q3 Report 2026
Page 12
12 Summary Q3 Q3 Report 2026 Stable performance in Q3 • Return to positive organic growth • EBITA margin 8.4%, significant increase from Q2 • Improved cashflow and EPS Operational improvements delivering results • Sweden delivered higher EBITA and organic growth • Denmark returned to profitability • Finland improved, higher utilization and lower costs Priorities ahead • Convert demand in priority areas to growth • Focus on sales, higher utilization, cost control and profitable organic growth • Improve profitability in Finland • Recruit in areas with strong demand
Page 13
Questions are Welcome
Page 14
Prevas AB Org. nr. 556252-1384 Box 4 • Glödgargränd 14 • 721 03 Västerås info@prevas.se • 021-360 19 00 • www.prevas.com About Prevas Prevas is an innovative development hub with focus on product and production development, with ingenuity at its core. With high technical expertise and deep business understanding, we help customers from a wide variety of industries to benefit through continuous technological innovation. Good for people, the planet and profits. Prevas was founded in 1985 and currently has approximately 1,000 employees in Sweden, Finland, Denmark and Norway. Prevas has been listed on NASDAQ Stockholm since 1998. For more information about Prevas, visit www.prevas.com.