Interim report July–September 2025 – HAKI Safety AB (publ)

“Strong development in the quarter despite soft market”, Sverker Lindberg, President and CEO

Third quarter 2025

• Net sales increased 14 percent to SEK 288 M (253). Organically, net sales increased 2 percent. Acquisitions and divestments had a positive net impact on net sales of 15 percent. Exchange rate effects had a negative net impact on net sales of 3 percent.
• Adjusted EBITA amounted to SEK 24 M (18).
• Operating profit amounted to SEK 30 M (25). Adjustments related to the revaluation of earnouts had a positive net effect on the result by SEK 9 M (9).
• Net result after tax was SEK 32 M (16).
• Cash flow from operating activities amounted to SEK 1 M (-15).
• Earnings per share before and after dilution totalled SEK 1.07 (0.59).
• The Group carried out a new issue of A and B shares of approximately SEK 50 M with preferential rights for its existing shareholders, to repay the bridge loan facility that was part of the financing for the acquisition of Trimtec. The final outcome showed that it was subscribed to in total 104.3 percent.

January–September 2025

• Net sales increased 15 percent to SEK 875 M (758). Organically, net sales increased 1 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 50 M (52).
• Operating profit amounted to SEK 50 M (50). Items affecting comparability had a net impact on the operating profit of SEK 9 M (4).
• Net result after tax was SEK 29 M (31).
• Cash flow from operating activities amounted to SEK 21 M (-18).
• Earnings per share before and after dilution totalled SEK 0.97 (1.14).

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.