Interim report April-June 2025 – HAKI Safety AB (publ)

“Organic growth and acquisitions that deliver but product mix affecting the margin”, Sverker Lindberg, President and CEO

Second quarter 2025

• Net sales increased 23 percent to SEK 324 M (263). Organically, net sales increased 6 percent. Acquisitions and divestments had a positive net impact on net sales of 20 percent. Exchange rate effects had a negative net impact on net sales of 3 percent.
• Adjusted EBITA amounted to SEK 20 M (20).
• Operating profit amounted to SEK 20 M (18). The divestment of Landqvist Mekaniska Verkstad resulted in a capital gain of SEK 3 M.
• Net result after tax was SEK 11 M (11).
• Cash flow from operating activities amounted to SEK 56 M (14).
• Earnings per share before and after dilution totalled SEK 0.40 (0.40).
• A new decentralised business area structure, which places increased focus on future profitable growth, became operational in the quarter.
• A cost-saving and efficiency programme for the Scaffolding Systems business area was initiated, which aims to reduce the cost base by SEK 10-15 M annually.
• Landqvist Mekaniska Verkstad was divested in April.

January–June 2025

• Net sales increased 16 percent to SEK 587 M (505). Organically, net sales increased 2 percent. Acquisitions and divestments had a positive net impact on net sales of 16 percent. Exchange rate effects had a negative net impact on net sales of 2 percent.
• Adjusted EBITA amounted to SEK 26 M (34).
• Operating profit amounted to SEK 20 M (25).
• Net result after tax was SEK -2 M (15).
• Cash flow from operating activities amounted to SEK 20 M (-4).
• Earnings per share before and after dilution totalled SEK -0.07 (0.55).

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.