Midway

“Positive developments across many areas”, Sverker Lindberg, President and CEO

Second quarter 2026

• Net sales increased 12 percent to SEK 363 M (324). Organically, net sales increased 11 percent. Acquisitions and divestments had a positive net impact on net sales of 1 percent. Exchange rate effects had no impact on net sales.

• Adjusted EBITA amounted to SEK 30 M (20).

• Operating profit amounted to SEK 24 M (20). Items affecting comparability impacted profit by SEK -4 M (3).

• Net result after tax was SEK 10 M (11), negatively impacted by exchange rate effects in net financial income.

• Cash flow from operating activities amounted to SEK 48 M (56).

• Earnings per share before and after dilution totalled SEK 0.34 (0.40).

• The additional purchase prices for the acquisition of Semmco and the divestment of Landqvist Mekaniska Verkstad were settled during the quarter.

• President and CEO Sverker Lindberg informed the company’s Board of Directors that he intends to leave his position no later than April 2027.

• The Group signed an agreement to acquire Combisafe, a leading actor specialising in fall protection products with a broad presence across Europe and a strong brand reputation.

• The Group communicated a cooperation agreement with the Swedish Export Credit Corporation (SEK) regarding strategic customer financing.

January–June 2026

• Net sales increased 11 percent to SEK 649 M (587). Organically, net sales increased 11 percent. Acquisitions and divestments had a positive net impact on net sales of 2 percent. Exchange rate effects had a negative net impact on net sales of 2 percent.
• Adjusted EBITA amounted to SEK 40 M (26).

• Operating profit amounted to SEK 29 M (20).

• Net result after tax was SEK 14 M (-2).

• Cash flow from operating activities amounted to SEK 71 M (20).

• Earnings per share before and after dilution totalled SEK 0.47 (-0.07).

Significant events after the end of the period

• The Group finalised the acquisition of Combisafe.

• The Group communicated updated financial targets.

This is a translation of the Swedish original version. In the event of any differences between this translation and the Swedish language original, the latter shall prevail.