Publication of interim report, January 1 – September 30, 2026

ESGR BRegulatory press release13.11.2026, 08.30

ES Group AB (publ), hereby publishes its interim report for the period January - September 2026. The interim report is available as an attached document and on the Company's website (Financial reports (https://investorrelations.energysave.se/investorrelations/financial-reports/)).

In connection with the interim report, ES Group's CEO Yibo Zhao and CFO Helena Wachtmeister will present the results at 10:00 CET. After the presentation, there will also be an opportunity to ask questions. The presentation will be held in English. Below is information about the webcast and a summary of the report.

The presentation can be followed live via the link below. It is possible to ask written questions via the webcast.
ES Group - Q3 2026

If you wish to participate via telephone conference, please register via the link below. After registration, you will receive a telephone number and a conference ID to log in to the conference. It is possible to ask oral questions via the telephone conference.
https://player.videosync.fi/finwire/es-group-q3-2026/dial-in

Interim report Q3, January–September 2026

A strong third quarter – higher revenue, positive earnings and improved cash flow.

Third quarter July–September 2026

Operating income increased by 30 per cent to SEK 60.7 million (46.8).
Net revenue increased by 24 per cent to SEK 57.4 million (46.3).
Earnings before interest and taxes (EBIT) amounted to SEK 11.2 million (–3.4).
Profit/loss for the quarter totalled SEK 11.2 million (–3.4).
Earnings per share amounted to SEK 1.4 (–0.5).
Operating cash flow totalled SEK 2.6 million (0.7).
ES Energy Save and Enrad entered into a technology partnership in the field of propane heat pumps for industrial and commercial properties.
ES Group proposed directed issues of units totalling approximately SEK 17.8 million, as well as warrants, and announced the placement of existing shares worth approximately SEK 4.4 million.
ES Group strengthened its position in Hungary with a repeat order for R290 heat pumps.
ES Group expanded its presence in Portugal with a new distribution agreement with Termomat.

January–September 2026 period

Operating income increased by 14 per cent to SEK 137.7 million (120.6).
Net revenue increased by 10 per cent to SEK 126.8 million (115.7).
Earnings before interest and taxes (EBIT) amounted to SEK –6.4 million (–23.4).
Profit/loss for the period totalled SEK –6.9 million (–23.6).
Earnings per share amounted to SEK –0.9 (–3.6).
Operating cash flow totalled SEK –2.5 million (–31.4).

Significant events after the end of the period

ES Group agreed a contract extension with Aira worth approximately SEK 75 million.

About Us
ES Group is a Swedish heat pump technology and platform company. ES Group enables brands to enter and scale in heat pump markets through white label and ODM partnerships built on proprietary platform architecture and in-house control technology. ES Group also distributes heat pumps under its own brand, ES Energy Save, through installer and distribution networks across European markets. The company has been active in European heat pump markets since 2009 and is listed on Nasdaq First North Growth Market Stockholm (ticker: ESGR B). Redeye Nordic Growth AB is the company’s Certified Adviser.