Interim Report 1 January – 30 September 2026

Return on capital employed Q3 2026

12.6%

EBITA growth Q3 2026 compared with Q3 2025

68%

EBITA margin Q3 2026

17.4%

Webcast

Significant earnings improvement
“Organic growth, acquisitions and enhanced efficiency contributed to a significant earnings improvement for Addnode Group. During the quarter, we secured our largest contract to date for our own software and increased our investments in innovative AI solutions. More three-year agreements are expected to be renewed in 2027, which will support our continued organic growth.”

Johan Andersson
President and CEO

Third quarter July 1–September 30, 2026

• Net sales for the third quarter of 2026 increased by 10 percent to SEK 1,438 m (1,311), of which organic growth amounted to 3 percent. Currency effects had an impact of SEK 17 m (-50) on net sales.

• EBITA increased to SEK 250 m (149). Currency effects had an impact of SEK 3 m (-4) on EBITA. The EBITA margin increased to 17.4 percent (11.4).

• Operating profit increased to SEK 159 m (74), corresponding to an operating margin of 11.1 percent (5.6).

• Net profit for the period increased to SEK 109 m (54).

• Earnings per share before and after dilution increased to SEK 0.80 (0.40)

• Cash flow from operating activities improved to SEK 9 m (-64).

• Ten-year contract signed with the City of Stockholm worth approximately SEK 100 m.

• Acquisition of AI-enabled SpaceIntel software platform in the USA.

Events after the end of the reporting period

• No significant events have occurred since the end of the period.

Key figures

Key figures Third quarter 9 months Rolling 12 mos Full year
2026 Jul–Sep 2025 Jul–Sep 2026 Jan–Sep 2025 Jan–Sep Oct 2025 –Sep 2026 2025
Net sales, SEK m1) 1,438 1,311 4,419 4,229 5,983 5,793
Gross profit, SEK m 1,099 978 3,410 3,228 4,625 4,443
Gross margin, % 76.4 74.6 77.2 76.3 77.3 76.7
EBITA, SEK m1) 250 149 672 605 970 903
EBITA margin, % 17.4 11.4 15.2 14.3 16.2 15.6
Operating profit (EBIT), SEK m1) 159 74 403 393 617 607
Operating margin, % 11.1 5.6 9.1 9.3 10.3 10.5
Net profit for the period, SEK m 109 54 242 247 379 384
Earnings per share, SEK 0.80 0.40 1.79 1.85 2.79 2.87
Cash flow from operating activities, SEK m 9 -64 434 105 758 430
Return on capital employed, %2) 12.6 16.6 12.6 16.6 12.6 14.1
Return on equity, %2) 13.3 15.4 13.3 15.4 13.3 14.8
Equity/assets ratio, % 32 31 32 31 32 28
Debt/equity ratio, % 86 73 86 73 86 90

1) The July–September 2025 comparative period was impacted by renewals of Autodesk agreements brought forward from the third quarter to the second quarter, which reduced net sales and EBITA in the third quarter of last year by approximately SEK 80 m and SEK 70 m, respectively. The January–September 2026 period was impacted by restructuring costs of SEK -28 m (-24). 2) Key figures have been adjusted to reflect annualized return. All amounts are presented in millions of Swedish kronor (SEK m) unless indicated otherwise. Rounding differences of SEK +/-1 m may occur in totals. In cases where an underlying figure is SEK 0 m when rounded, it is presented as 0.

Johan Andersson, President and CEO

Significant earnings improvement

“Organic growth, acquisitions and enhanced efficiency contributed to a significant earnings improvement for Addnode Group. During the quarter, we secured our largest contract to date for our own software and increased our investments in innovative AI solutions. More three-year agreements are expected to be renewed in 2027, which will support our continued organic growth.”

Johan Andersson, President and CEO
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