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Press release

DNB Carnegie Access: Ependion - Good order take gives cause for cautious optimism for 2026

Ependion

Equity analyst Markus Almerud interviews Ependion's CEO Jenny Sjödahl after the release of its Q4 results. They discuss overall demand, adding defense as a core segment, development in the rail, marine and manufacturing end marketa, the progression of the integration of Welotec, the status of X3 and what was behind the margin development in Westermo and Beijer Electronics.

See the interview here: https://youtu.be/vd7QKcb7Kb8

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This is a press release from DNB Carnegie. For information about DNB Carnegie commissioned research, see https://access.dnbcarnegie.com/, or contact our commissioned research team at cr@carnegie.se.

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DNB Carnegie is the leading and independent Nordic investment and private bank. Our operations within Corporate Finance, Securities and Research, Private Banking and Wealth Management are among the market leaders within their respective sectors. Together, they build an unbeatable combination of integrated knowledge, guiding our clients towards better business. DNB Carnegie operates in six countries and has more than 800 employees.

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