Interim report
Page 1
- Interim report January 1 – September 30 2026 Earnings development remains largely unchanged This is a translation of the Swedish version of the report . In case of any discrepancies , the Swedish version shall prevail . Profil Gruppen . Third quarter 2026 • • • Group's Net turnover amounted to SEK 567.6 million ( 497.8 ) Operating profit amounted to SEK 3.0 million ( 4.8 ) according to APM * ( see below for definition and reconciliation ) and SEK 28.6 million ( 29.1 ) according to IFRS Earnings per share for the third quarter amounted to SEK 0.0 ( -0.7 ) according to APM and SEK 2.6 ( 2.3 ) according to IFRS Of earnings per share for the quarter , SEK 0.2 ( 0.2 ) was attributable to the result from exposure to metal price risk , while the operational component amounted to SEK -0.2 ( -0.9 ) according to APM and SEK 2.4 ( 2.1 ) according to IFRS First three quarters of 2026 • • • • • Group's Net turnover amounted to SEK 1 861.9 million ( 1809.4 ) Operating profit amounted to SEK 96.3 million ( 54.3 ) according to APM * and SEK 171.4 million ( 127.0 ) according to IFRS Earnings per share for the first nine months of the year amounted to SEK 8.4 ( 2.3 ) according to APM and SEK 16.3 ( 10.2 ) according to IFRS Of earnings per share for the first nine months of the year , SEK 3.4 ( -0.5 ) related to the result from exposure to metal price risk , while the operational component amounted to SEK 5.0 ( 2.8 ) according to APM and SEK 12.9 ( 10.7 ) according to IFRS Equity per share amounted to SEK 216.3 ( 194.3 ) according to APM and SEK 109.8 ( 94.5 ) according to IFRS Net debt / EBITDA amounted to 0.4 ( 0.6 ) at the end of the period CEO Per Thorsell's Comments The results for the third quarter demonstrate that the Group's profitability remains unsatisfactory . The profitability improvements targeted have not yet had impact on operations , and earnings development is , in all material respects , unchanged . At the same time , previously communicated measures remain to be implemented . Going forward , our focus is on strengthening commercial governance , improving profitability across our business , and ensuring that resources are allocated where they create the greatest value . This work includes , among other initiatives , a review of our customer portfolio , pricing structure , and commercial terms . At the same time , we need to strengthen our decision - making basis and our ability to monitor and evaluate profitability throughout the business . The transformation effort must now be intensified , with clear accountability and strong execution . Only once these measures have been fully implemented in operations can the intended benefits of the transformation program be realized . APM IFRS Q3 Q1 - Q3 Q3 Q1 - Q3 Key ratios 2026 2025 2026 2025 2026 2025 Net turnover 567.6 497.8 1861.9 1809.4 567.6 497.8 2026 1861.9 2025 1 809.4 EBITDA Depreciations , MSEK 50.2 51.3 236.7 193.9 50.2 51.3 236.7 193.9 -47.2 -46.5 -140.4 -139.6 -21.6 -22.2 -65.3 -66.9 Operating income / loss , MSEK 3.0 4.8 96.3 54.3 28.6 29.1 171.4 127.0 Net income for the period ( after tax ) , MSEK -0.2 -4.4 64.5 21.1 20.2 17.7 124.2 79.2 Net income for the period related to continuing operations ( after tax ) , MSEK -0.1 2.0 68.0 37.8 20.3 24.2 127.7 95.9 Earnings per share from continuing operations ( after tax ) , SEK Earnings per share ( after tax ) , SEK 0.0 0.2 8.8 4.6 2.6 0.0 -0.7 8.4 2.3 2.6 NW 3.2 16.8 12.4 2.3 16.3 10.2 Return on Equity based on Net Income for the period ( after tax ) , % 0.0 % -1.2 % 5.5 % 2.0 % 9.9 % 10.0 % 21.5 % 15.2 % Total equity attributable to the parent Company's shareholders Equity per share , SEK 1600.6 216.3 1437.6 194.3 1 600.6 1437.6 812.1 699.0 812.1 699.0 216.3 194.3 109.8 94.5 109.8 94.5 Total assets , MSEK Net debt / EBITDA 2485.6 0.4 2417.0 0.6 2485.6 0.4 2 417.0 0.6 1472.3 0.4 1467.8 0.6 1472.3 0.4 1467.8 0.6 * Alternative Performance Measures ( APM ) : have been used by ProfilGruppen since 2025. They are intended to provide a clearer and more relevant view of the Group's capital - intensive operations . The interim report includes key performance indicators as well as income statements and balance sheets prepared in accordance with these APMs . A description of the calculation methodology is provided in Note 9. As the APM framework has not yet been fully implemented , both operating profit and realized profit from the exposed metal position are based on estimates and assumptions . Consequently , the calculations are subject to uncertainty . * Definitions are available at www.profilgruppen.se Interim report January 1 – September 30 , 2026 ProfilGruppen AB ( publ ) Page 1 of 18