Q1 2026, continuing operations

• Net sales amounted to SEK 4,497m (4,472), of which organic growth corresponded to 3.4% (-5.5)
• Adjusted EBITA amounted to SEK 417m (345)
• The adjusted EBITA margin was 9.3% (7.7)
• The operating profit amounted to SEK 361m (434) and was impacted by items affecting comparability of SEK -25m (+120)
• Profit for the period amounted to SEK 247m (235)
• Adjusted diluted earnings per share amounted to SEK 0.67 (0.15)
• Diluted earnings per share amounted to SEK 0.59 (0.53)
• Cash flow from operating activities amounted to SEK 22m (38)

Significant events during and after the end of the quarter

• HL Display’s acquisition of Deinzer Holding GmbH was completed on 2 March
• On 25 March, the Annual General Meeting resolved on a dividend for the 2025 financial year of SEK 1.40 (1.35), totalling SEK 458m (442).
• The divestment of Expin Group was completed on 31 March. The impact on operating profit in the first quarter amounted to SEK -4m

“Ratos reported improved EBITA during the first quarter, and organic sales growth was 3.4%. A new strategic direction was introduced during the period, where Ratos will return to being an investment company. New financial targets were also launched, with a clear focus on long-term value creation through active ownership. Other important portfolio changes were made alongside these changes, including the divestment of Expin Group and HL Display’s add-on acquisition of Deinzer to further strengthen the quality of the portfolio and our market position.”
Gustaf Salford, CEO

A presentation of the interim report will be held today at 10.00 a.m. CEST. The presentation will be held in English and will also be available as a audiocast on Ratos website, www.ratos.com.

To follow the presentation via audiocast, access this link:
https://events.inderes.com/ratos/q1-report-2026

To participate and verbally ask questions via teleconference, please register via link below. After registration you will be provided with phone numbers and a conference ID to access the conference.
https://events.inderes.com/ratos/q1-report-2026/dial-in

Stockholm, 4 May 2026
Ratos AB (publ)

Gustaf Salford
President & CEO

For further information, please visit www.ratos.com or contact:
Anna Vilogorac, CFO & IR
+46 70 616 50 19, anna.vilogorac@ratos.com

Katarina Grönwall, VP Communications & Sustainability
+46 70 300 35 38, katarina.gronwall@ratos.com

This information is information that Ratos is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-05-04 07:30 CEST.

About Ratos
Ratos is a Swedish publicly listed long-term investment company owning both majority and minority holdings in Nordic companies. Our mission is long-term active ownership for value creation. Ratos has net sales of SEK 19 billion and an adjusted EBITA of SEK 1.9 billion (2025), and with approximately 9,100 employees and is headquartered in Stockholm, Sweden.

Attachments
Interim Report Q1 2026

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