Profilgruppen

Earnings Release • Jul 15, 2025

Consistency in a time of uncertainty

This is a translation of the Swedish version of the report. In case of any discrepancies, the Swedish version shall prevail.

Second quarter 2025

• Adjusted operating profit MSEK 51.1 (50.7)
• Adjusted operating margin 7.6 percent (8.4), new target level at least 14 percent
• Resultat of starting operations in Poland MSEK -10.1 (0.0) reported separately until further notice
• Realized result from metal position at risk MSEK -9.5 (3.2)
• Accounting operating profit MSEK 31.5 (54.9)

	Q 2 2025	Q 2 2024	Q 1-2 2025	Q 1-2 2024
Net turnover, MSEK	711.6	604.5	1 352.9	1 185.7
Alternative key ratios*
Adjusted operating profit*, MSEK	51.1	50.7	116.0	101.0
and corresponding share of net turnover (excluding the polish
operations), %	7.6	8.4	8.8	8.5
Realized result from metal position at risk*, MSEK	-9.5	3.2	-13.2	3.1
Items affecting comparability due to timing effect, MSEK	0.0	1.0	-3.3	-5.6
Items affecting comparability due to the Polish operations, MSEK	-10.1	0.0	-13.9	0.0
Accounting result
Operating profit, MSEK	31.5	54.9	85.6	98.5
Net income, Mkr	20.1	41.6	64.2	69.1
Earnings per share , SEK (no dilution exists)	2.52	5.32	8.26	8.76
Financial
Net debt, MSEK	-	-	116.0	-2.8
EBITDA R12, MSEK	-	-	237.6	247.8
Net debt/EBITDA	-	-	0.5	0.0
Liquidity reserve, MSEK	-	-	203.0	341.4

* Due to a change in methodology, the accounting results are not fully comparable between years. The operating result is comparable and does not include calculated depreciation or the Polish operation. Definitions of key figures can be found at www.profilgruppen.se.

** The actual loss for the period when valuing the metal position at market price was SEK -2.5 million and not SEK -9.5 million. Thus, the fair book operating profit was SEK 38.5 million and not SEK 31.5 million.

Operating result does not contain calculated depreciations or the Polish business. Definitions are presented on www.profilgruppen.se

*

Interim report January 1 – June 30, 2025 ProfilGruppen AB (publ) Page 1 of 10

CEO Mari Kadowaki comments on the first six months of 2025

Market and results

The market for aluminium profiles in Northern Europe is still challenging with a generally low business cycle including a time of trade turbulence, that will most likely delay a market recovery.

In this context, it is pleasing that during the second quarter the delivery volume is 10,200 tonnes, which is slightly higher than in the same period last year. We achieved an operating profit* in SEK calculated at the same level as then for the Swedish operations.

Revenue was SEK 711.6 million, which is approximately 18 percent higher than in the second quarter last year, which is partly due to a higher raw material price, partly to the addition of the operation in Poland.

The operating profit* of SEK 51.1 million for the Swedish operations means a margin of 7.6 percent, which should be compared with the target of at least 14 percent.

After including the realized result of the risk-exposed metal position of SEK -9.5 million and the result from the Polish operations of SEK -10.1 million, we get an operating profit of SEK 31.5 million, which corresponds to an operating margin of 4.4 percent. Taking into account the metal position, the operating profit becomes more fair at SEK 38.5 million.

Even though we do not have direct exposure to the US market, we are affected to some extent by the trade policy tensions that characterize the global business climate. This is because some of our customers export to the US.

At the same time, we see that the increased uncertainty in the market also creates new business opportunities. When new supply flows arise, new advantages and disadvantages are created for players with a strong presence in Europe. We will see to what extent this turns out to help open up new business opportunities for us going forward.

The industry is affected by political decisions, one such being the EU's carbon dioxide tariff, CBAM. Imported goods to the EU will be taxed based on how much carbon dioxide is emitted during production and what carbon dioxide price the exporting country has set.

We will continue to be active in our monitoring of events in the world..

Our broad and differentiated customer portfolio contributes to good stability that provides resilience against, among other things, a continued weak construction market and delayed vehicle electrification.

Profitability and stability

We want to be able to develop attractive solutions for the market in the long term and offer stability. Therefore, our ambition is to avoid short-term profits at the expense of longterm sustainable business and gradually move towards our operating margin target. This requires satisfied customers, expanded business, streamlining of our processes and price and margin-increasing measures. We can deliver at the lowest carbon dioxide emission level in the industry. We are carrying out a dual materiality analysis (DMA) to highlight opportunities and risks in our value chain, which is largely shared with our customers and suppliers.

The investment in Poland provides an opportunity for a complementary range in a large market. In addition, the factory in Poland provides redundancy and cost-effective manufacturing concepts.

Our extrusion business in Poland

Since March, ProfilGruppen's Polish subsidiary has been operating an extrusion operation in Poland. The intention has always been to acquire the facility as soon as the reconstruction process allows. The process currently seems to be delayed. We do not have control over the timetable and decisions in the reconstruction process. Pricing will be regulated according to the ongoing reconstruction process and there is still a small risk that we choose to forego the acquisition, or that someone else places a higher bid.

We have ensured that we can fulfill all commitments without interruption, including with good redundancy and support in capacity and expertise between the factories in Sweden and Poland. The acquisition would strengthen the current continuity plan.

ProfilGruppen has several crucial foundations in place, such as established customer and supplier agreements in both countries and a cross-functional control and business system to drive the operation forward at full speed if we are given the opportunity.

We will intensify our work after the holidays to establish long-term sustainable commercial conditions to continue operating the operation in Poland.

The use of alternative key ratios

The purpose of using alternative key ratios and profit designations is to give the reader a fairer view of the operation's financial development. To provide as transparent picture as possible, ProfilGruppen uses the term adjusted operating profit*. The adjusted operating profit* is the result of the operating activities. The metal cost in the adjusted operating profit is equal to the agreed cost in the customer contracts.

The tables on sides 5-9 in this report are calculated in accordance with accounting principles given in the latest annual report where nothing else is noted.

Turnover and deliveries in the second quarter

The turnover for the Group in the second quarter of 2025 amounted to MSEK 711.6 (604.5), an increase of about 18 percent compared to the same period previous year.

The delivery volumes were to 10,200 tonnes (9,500) of aluminum profiles.

During the second quarter the Group manufactured 10,300 tonnes (9,400) of aluminium extrusions.

Second quarters result based on alternative principles*

The adjusted operating profit amounted to MSEK 51.1 (50.7), which corresponded to an adjusted operating margin of 7.6 percent (8.4), where turnover from the Polish operations is excluded.

The difference between adjusted operating profit and accounting operating profit is the realized result of metal position at risk MSEK -9.5 and result of the Polish operations of MSEK -10.1.

Second quarters accounting result

The operating profit for the second quarter of the year amounted to MSEK 31.5 (54.9). This is equivalent to an operating margin of 4.4 percent (9.1). The actual loss from market based value of the metal position was MSEK -2.5 and not MSEK -9.5, which means that the fair accounting operating profit was MSEK 38.5 and not MSEK 31.5.

The profit before tax amounted to MSEK 25.3 (52.4). Earnings per share totalled SEK 2.52 (5.32) (no dilution).

Turnover and deliveries in the first half year

The turnover for the Group in the first half of 2025 amounted to MSEK 1,352.9 (1,185.7), an increase of about 14 percent compared to the same period previous year.

The delivery volumes were to 19,375 tonnes (18,700) of aluminum profiles.

During the first six months the Group manufactured 19,350 tonnes (18,200) of aluminium extrusions.

First six months result based on alternative principles*

The adjusted operating profit amounted to MSEK 116.0 (101.0), which corresponded to an adjusted operating margin of 8.8 percent (8.5) , where turnover from the polish operations is excluded.

The difference between adjusted operating profit and accounting operating profit is the realized result of metal position at risk MSEK -13.2, reversal of earlier altered allocation of metal cost MSEK -3.3 and result of the polish operations of MSEK -13,9.

First six months accounting result

The operating profit for the first six months of the year amounted to MSEK 85.6 (98.5). This is equivalent to an operating margin of 6.3 percent (8.3).

The profit before tax amounted to MSEK 80.8 (87.0). Earnings per share totalled SEK 8.26 (8.76) (no dilution).

Investments

Investments during the first six months amounted to MSEK 41.8 (32.7), excluding changes in right of use assets.

The investments mainly consist of machinery and equipment of MSEK 26.0, and extrusion dies of MSEK 15.8.

Financing and liquidity

Cash flow from current operations before cash flow from the Polish operations of MSEK -44,5 amounted to MSEK 115.9 (119.3) before amortization of pandemic-related deferrals of collection to the amount of MSEK -41.0 (-20.7). The remaining debt of pandemic-related deferrals of collection amounts to MSEK 114.

The corresponding cash-flow after investments amounted to MSEK 23.3 (91.2).

The liquidity reserve as of June 30, 2025, amounted to MSEK 203.0 (341.4). ikviditetsreserven uppgick den 30 juni 2025 till 203,0 Mkr (341,4).

The balance sheet total as of the end of the second quarter was MSEK 1,473.3 (1,490.5).

Net debt as of June 30, 2025, amounted to MSEK 116.0 (- 2,8) and net debt/EBITDA to 0.5 (0.0), regardless of whether accounting principles or alternative principles are used. ProfilGruppen's target for net debt/EBITDA is < 2.0.

The calculation of the net debt does not include pandemic-related deferrals of MSEK 114. If the deferrals were included in net debt the net debt/EBITDA amounts to 1.0. The debt for the deferrals will be amortized gradually in 2027 at the latest. The future amortization is covered by the liquidity reserve of MSEK 203,0.

Currency

The Group has a loan in euros which amounted to MEUR 6.5 on the balance sheet date. Of the forecasted exposure in EUR for 2025, 89 percent is hedged through currency forwards.

Personnel

The average number of employees in the Group during the first six months was 497 (523). The number of employees as of June 30, 2025, totalled 503 (524). As from March 1, ProfilGruppen puts around 80 people to work in a Polish extrusion business.

Risks and uncertain factors

The initiated acquisition process in Poland may lead to that the investments made do not yield the desired results, but the risks are currently very limited. Apart from this the company's risks and risk management have not changed significantly since the description in the annual report for 2024. At the end of the second quarter of 2025, the company had a risk-exposed metal position of approximately SEK 80 million (-5).

Outlook for 2025

ProfilGruppen does not provide a forecast.

Interim reports 2025

Interim report for the third quarter will be provided on October 21, 14:00.

Statement of comprehensive income in short

	Q 2	Q 2	Q 1-2	Q 1-2
MSEK Note	2025	2024	2025	2024	R 12	2024
Net turnover 2	711.6	604.5	1 352.9	1 185.7	2 439.0	2 271.8
Cost of goods solds 3	-642.0	-514.3	-1 193.3	-1 018.3	-2 151.7	-1 976.7
Gross Margin	69.6	90.2	159.6	167.4	287.3	295.1
Other operating revenues	0.2	0.0	0.4	0.3	0.7	0.6
Selling expenses	-22.2	-20.3	-42.6	-39.5	-81.1	-78.0
Administrative expenses	-16.1	-14.5	-31.7	-28.8	-58.9	-56.0
Other operating expenses	0.0	-0.5	-0.1	-0.9	-0.1	-0.9
Operating profit/loss	31.5	54.9	85.6	98.5	147.9	160.8
Financial income	0.3	2.2	0.7	2.3	2.1	3.7
Financial expenses 4	-6.5	-4.7	-5.5	-13.8	-23.3	-31.6
Net financial income/expense	-6.2	-2.5	-4.8	-11.5	-21.2	-27.9
Income after financial items	25.3	52.4	80.8	87.0	126.7	132.9
Invcome tax	-5.2	-10.8	-16.6	-17.9	-31.5	-32.8
Net income for the period	20.1	41.6	64.2	69.1	95.2	100.1
of which attributable to:
Owners of the parent	18.7	39.4	61.2	64.8	90.1	93.7
Non-controlling interests	1.4	2.2	3.0	4.3	5.1	6.4
Earnings per share (before and after dilution), SEK	2.52	5.32	8.26	8.76	14.98	12.67
Other comprehensive income
Net income for the period	20.1	41.6	64.2	69.1	95.2	100.1
Hedging reserve	-7.9	3.2	4.5	1.4	6.4	3.3
Translation differences	0.1	0.0	-0.2	0.1	-0.1	0.2
Deferred tax on the above items	1.6	-0.7	-0.9	-0.3	-1.3	-0.7
Total items that will subsequently be reclassified to net income:	-6.2	2.5	3.4	1.2	5.0	2.8
Revaluation of defined benefit pension obligation	-0.1	0.0	-0.1	0.1	-0.4	-0.2
Total items that will subsequently not be reclassified to net income:	-0.1	0.0	-0.1	0.1	-0.4	-0.2
Total other comprehensive income	-6.3	2.5	3.3	1.3
Comprehensive income for the period	13.8	44.1	67.5	70.4	99.8	102.7
of which total comprehensive income for the period attributable to:
Owners of the parent	12.4	41.9	64.5	66.1	94.7	96.3
Non-controlling interests	1.4	2.2	3.0	4.3	5.1	6.4

Statement of financial position in short

		30 Jun	30 Jun	31 Dec
MSEK	Note	2025	2024	2024
Assets
Intangible fixed assets		10.0	10.9	10.0
Tangible fixed assets		586.7	586.7	587.1
Right of use assets		18.6	26.7	22.0
Financial fixed assets		0.9	0.8	0.9
Deferred tax assets		0.3	0.4	0.4
Total fixed assets		616.5	625.5	620.4
Inventories		364.7	346.4	352.1
Current receivables	5	453.6	377.5	316.7
Liquid assets		38.5	141.0	68.7
Total current assets		856.8	864.9	737.5
Total assets		1 473.3	1 490.4	1 357.9
Shareholders' equity
Total equity attributable to the parent Company´s shareholders		684.4	627.4	657.6
Non-controlling interests		15.2	21.5	16.7
Total equity		699.6	648.9	674.3
Liabilities
Interest-bearing liabilities		83.2	106.9	94.8
Interest-free liabilities		92.7	88.3	93.5
Total long-term liabilities		175.9	195.2	188.3
Interest-bearing liabilities and provisions		71.3	31.3	30.5
Interest-free liabilities	5	526.5	615.1	464.8
Total short-term liabilities		597.8	646.4	495.3
Total shareholders' equity and liabilities		1 473.3	1 490.5	1 357.9

Statement of changes in equity in short

	Q 2	Q 2	Q 1-2	Q 1-2
MSEK	2025	2024	2025	2024	2024
Opening balance, total equity	722.8	641.8	674.3	615.5	615.5
Changes attributable to owners of the parent:
Comprehensive income for the period	12.4	41.9	64.5	66.1	96.3
Changes attributable to non-controlling interests:
Comprehensive income for the period	1.4	2.2	3.0	4.3	6.4
Transactions with shareholders
Dividend	-37.0	-37.0	-42.2	-37.0	-43.9
Closing balance, total equity	699.6	648.9	699.6	648.9	674.3

Statement of cash flows in short

	Q 2	Q 2	Q 1-2	Q 1-2
MSEK Note	2025	2024	2025	2024	R 12	2024
Operating activities Income after financial items	25.3	52.4	80.8	87.0	126.7	132.9
Depreciation and write-down	22.8	23.5	44.7	46.4	89.7	91.4
Adjustment for other non-cash items	11.7	3.0	13.4	12.9	33.6	33.1
Interest received/paid	-7.8	-4.2	-9.7	-7.7	-20.7	-18.7
Paid income tax	-8.6	-9.0	-24.7	-19.1	-23.3	-17.7
Cash flow prior to change in working capital	43.4	65.7	104.5	119.5	206.0	221.0
Inventories	2.5	1.8	-19.7	31.3	-25.4	25.6
Operating receivables	-34.3	-7.3	-134.1	-69.6	-76.8	-12.3
Operating liabilities	2.6	3.0	79.7	17.4	-82.0	-144.3
Cash flow from operating activities	14.2	63.2	30.4	98.6	21.8	90.0
Acquisition of property. plant and equipment	-24.5	-14.1	-48.1	-28.1	-86.2	-66.2
Sale of property, plant and equipment	0.0	0.0	0.0	0.0	0.0	0.0
Cash flow from investing activities	-24.5	-14.1	-48.1	-28.1	-86.2	-66.2
Dividend	-37.0	-37.0	-42.2	-37.0	-49.1	-43.9
Loans raised	0.0	0.0	0.0	0.0	0.0	0.0
Change in bank overdraft facility utilized	43.4	0.0	43.4	0.0	43.4	0.0
Repayment of loans	-4.1	-4.7	-8.2	-9.3	-17.6	-18.7
Repayment of lease debts	-3.3	-2.7	-5.4	-6.0	-13.0	-13.6
Cash flow from financing activities	-1.0	-44.4	-12.4	-52.3	-36.3	-76.2
Cash flow for the period	-11.3	4.7	-30.1	18.2	-100.7	-52.4
Liquid assets, opening balance	49.9	136.2	68.7	120.9	141.0	120.9
Translation differences in liquid assets	-0.1	0.1	-0.1	1.9	-1.8	0.2
Liquid assets, closing balance	38.5	141.0	38.5	141.0	38.5	68.7
Liquidity reserve			203.0	341.4		273.2

The parent company

The turnover of the parent company amounted to MSEK 20.6 (21.1) and comprises payments for rents from companies in the Group. Profit after financial items amounted to MSEK 28.3 (14.9).

Investments in the parent company the year amounted to MSEK 0.7 (0.3) and are related to investments in properties.

The parent company employs none (none). The parent company's risks and uncertain factors do not significantly differ from the Group as the business consists of renting properties to group companies.

Income statement in short – the parent company

	Q 2	Q 2	Q 1-2	Q 1-2
MSEK Note	2025	2024	2025	2024	2024
Turnover 7	10.3	10.6	20.6	21.1	42.2
Cost of goods sold	-2.1	-1.8	-4.3	-3.9	-8.5
Gross Margin	8.2	8.8	16.3	17.2	33.7
Other operating revenues	0.0	0.0	0.0	0.0	0.0
Administrative expenses	-1.0	-1.2	-2.4	-2.1	-3.9
Operating income	7.2	7.6	13.9	15.1	29.8
Result from shares in group companies	0.0	0.0	12.3	0.0	80.2
Interest income and similar income and expense items	1.2	0.0	2.5	0.0	2.9
Interest expenses and similar income and expense items	-0.4	-0.2	-0.4	-0.2	-0.2
Income after financial items	8.0	7.4	28.3	14.9	112.7
Appropriations	0.0	0.0	0.0	0.0	3.6
Income before tax	8.0	7.4	28.3	14.9	116.3
Tax	-1.6	-1.6	-3.3	-3.1	-7.9
Net income for the period	6.4	5.8	25.0	11.8	108.4
Parent company statement of comprehensive income
Net income for the period	6.4	5.8	25.0	11.8	108.4
Items that will subsequently be reclassified to net income:	0.0	0.0	0.0	0.0	0.0
Items that will subsequently not be reclassified to net income	0.0	0.0	0.0	0.0	0.0
Comprehensive income for the period	6.4	5.8	25.0	11.8	108.4

Balance sheet in short – the parent company

	30 Jun	30 Jun	31 Dec
MSEK Note	2025	2024	2024
Assets
Tangible assets
Tangible fixed assets	170.3	176.5	173.2
Financial assets (shares in subsidiaries)	90.5	87.9	87.9
Total fixed assets	260.8	264.4	261.1
Current receivables	133.7	55.2	154.9
Cash and bank balances	0.0	0.0	0.0
Total current assets	133.7	55.2	154.9
Total assets	394.5	319.6	416.0
Equity	309.7	225.1	321.7
Untaxed reserves	75.4	79.0	75.4
Provisions for taxes	3.8	3.8	3.8
Long-term liabilities	0.0	0.0	0.0
Current liabilities	5.6	11.7	15.1
Total equity and liabilities	394.5	319.6	416.0

Notes

Note 1 - Accounting Principles

The interim report has been prepared in accordance with IAS 34 Interim Financial Reporting. The parent company accounting has been prepared in accordance with the Swedish Annual Accounts Act (ÅRL) and the Swedish Financial Reporting Standards Council's RFR 2 Accounting for Legal Entities. The accounting principles applied are identical to the ones used for the latest annual report with the exception of valuation of metal in stock. The method of calculating the acquisition value of inventories regarding commodities attributable to specific customer orders has changed from 1 January 2025, from first-in-first-out-principle to customer specific costs according to IAS 2:23. This method reflects the Group's way of doing business better. New or amended standards that came into effect in 2025 have not had any impact on the Group's reporting.

Note 2 - Revenue by market

	Q 2	Q 2	Q 1-2	Q 1-2	12 mån
MSEK	2025	2024	2025	2024	rullande	2024
Sweden	313.1	266.0	595.3	521.7	5.9	7.1
Germany	156.6	133.0	297.6	260.9	-1.5	3.3
Others	241.9	205.5	460.0	403.1	13.0	15.8
Total	711.6	604.5	1 352.9	1 185.7	23.3	31.6

Note 3 - Depreciation and write-down of fixed assets

	Q 2	Q 2	Q 1-2	Q 1-2
MSEK	2025	2024	2025	2024	R 12	2024
Intangible fixed assets	0.0	1.4	0.0	3.0	0.9	3.9
Land and buildings	1.6	1.7	3.3	3.3	6.7	6.7
Machinery and equipment	17.9	16.9	34.8	33.2	68.9	67.3
Right of use assets	3.3	3.5	6.6	6.9	13.2	13.5
Total	22.8	23.5	44.7	46.4	89.7	91.4
of which write-down	0.0	0.0	0.0	0.0	0.0	0.0

Note 4 - Financial expenses

	Q 2	Q 2	Q 1-2	Q 1-2
MSEK	2025	2024	2025	2024	R 12	2024
Interest expenses to financial institutions	1.4	2.1	2.9	4.1	5.9	7.1
Unrealized exchange rate revaluation of financial items (gain neg, loss pos)	1.9	-1.3	-2.5	2.3	-1.5	3.3
Cost for pandemic suspension of collection*	1.1	2.5	2.3	5.1	13.0	15.8
Other financial expenses	2.1	1.4	2.8	2.3	5.9	5.4
Total	6.5	4.7	5.5	13.8	23.3	31.6

Note 5 - Financial instruments, valued at fair value in statement of financial position

	30 Jun	30 Jun	31 Dec
MSEK	2025	2025	2024
Short-term receivables:
Currency derivatives	5.0	0.3	1.6
Short-term non interest-bearing liabilities;
Currency derivatives	0.6	2.3	1.7
Currency derivatives are used for hedge and are valued on level 2 according to IFRS 13.
Forward contracts foreign exchange
Hedged future cash flows, MEUR	21.7	9.2	26.7
Notional amount	246.6	101.9	305.5
Last maturity date of concluded forward contracts	2026-12-15	2025-12-15	2026-12-15

Note 6 - Pledged assets and contingent liabilities

	30 Jun	30 Jun	31 Dec
MSEK	2025	2024	2024
Property mortgages	82.9	82.9	82.9
Floating charges	440.0	440.0	440.0
Shares in subsidiaries	386.9	385.8	381.8
Guarantee commitments pensions	0.3	0.3	0.3

Note 7 – Related transactions

During the period no related transactions that significantly affect the Groups result or financial statement have been made, apart from customary payments of directors' fees, remuneration of senior executives, dividend and the rents from companies in the Group to the parent company.

Key ratios

	Q 2	Q 2	Q 1-2	Q 1-2
The Group	2025	2024	2025	2024	R 12	2024
Net turnover, MSEK	711.6	604.5	1 352.9	1 185.7	2 439.0	2 271.8
Income before depreciation, MSEK	54.3	78.4	130.3	144.9	237.6	252.2
Operating income/loss, MSEK	31.5	54.9	85.6	98.5	147.9	160.8
Operating margin, %	4.4	9.1	6.3	8.3	6.1	7.1
Income after financial items, MSEK	25.3	52.4	80.8	87.0	126.7	132.9
Profit margin, %	3.6	8.7	6.0	7.3	5.2	5.8
Return on equity, %	11.3	25.8	18.7	21.9	14.1	15.5
Return on capital employed, %	12.5	27.6	20.2	23.5	16.2	17.9
Cash flow from operating activities, MSEK	14.2	63.2	30.4	98.6	21.8	90.0
Investments, MSEK	24.9	17.5	41.8	32.7	80.9	71.8
Liquidity reserve, MSEK	-	-	203.0	341.4	-	273.2
Net debt, MSEK	-	-	116.0	-2.8	-	56.6
Net debt/EBITDA	-	-	0.5	0.0	-	0.2
Interest-bearing liabilities and interest-bearing provisions, MSEK	-	-	154.6	138.2	-	125.3
Net debt/equity ratio	-	-	0.2	0.0	-	0.1
Total assets, MSEK	-	-	1 473.3	1 490.5	-	1 357.9
Equity ratio, %	-	-	47.5	43.5	-	49.7
Capital turnover	-	-	3.3	3.1	3.0	2.9
Proportion of risk-bearing capital, %	-	-	53.8	49.5	-	56.5
Interest coverage ratio	19.8	25.2	29.3	22.0	22.7	19.6
Average number of employees	502	524	497	523	503	515
Net turnover per employee (average), TSEK	1 417	1 154	2 722	2 267	4 849	4 411
Income after fin, per employee (average), TSEK	50	100	163	166	252	258
Average number of shares, thousands (no dilution)	7 399	7 399	7 399	7 399	7 399	7 399
Number of shares, end of period, thousands	7 399	7 399	7 399	7 399	7 399	7 399
Earnings per share, SEK	2.52	5.32	8.26	8.76	14.98	12.67
Equity per share, SEK	-	-	92.50	84.80	-	88.88
Alternative key ratios*
Adjusted operating profit/loss, MSEK *	51.1	50.7	116.0	101.0	167.0	152.0
Adjusted operating margin,% *	7.6	8.4	8.8	8.5	6.8	6.7

* Key ratios with realized result of metal position at risk and excluding non-comparable items.

For definition and reconciliation please visit www.profilgruppen.se.

The key ratios above are a summary of the financial report to give an overview of ProfilGruppen's financial position. Definitions and reconciliation of the alternative performance measures are given at www.profilgruppen.se. Net debt does not include pandemic-related deferrals to the amount of MSEK 114. In calculation of interest coverage ratio is only interest expenses to financial institutions used.

Rounding differences may occur. When calculating key ratios: return on equity, return on capital employed and capital turnover have the result and turnover for the period been adjusted upward to 12 months. The key ratios presented are for the total Group and based on the Group consolidated figures including non-controlling interest, except Earnings per share, Total earnings per share and Equity per share.

This report has been prepared in accordance with IAS 34 Interim reporting, respectively good accounting practices and in accordance with the IFRS regulations.

Åseda, July 15, 2025 The CEO and Board of Directors, ProfilGruppen AB (publ). Org. No. 556277-8943

Bengt Stillström Mari Kadowaki Tomas Narbom Marianne Brismar Chairman of the Board

Board member Appointed by the employees

President and CEO

Mikael Ekbring Anders Johansson Fredrik Pettersson Board member Appointed by the employees

Board member

Board member Board member

This report has not been audited.

Brief facts about ProfilGruppen

• ProfilGruppen is a solution partner for aluminum profiles and components in Northern Europe
• A partnership with ProfilGruppen should be uncomplicated and involve personal commitment
• Customer benefit is created through a wide range of services, for example in logistics, warehousing and various delivery service concepts.
• Aluminium is our choice, it is more favorable in a life cycle perspective than many alternatives and enables us to create sustainable products
• Aluminium extrusions are used within many industries, for example furnishings, construction, automotive and electronics
• The manufacturing of extrusions mainly takes place in Åseda, but increases gradually in Polish Walcz and includes:
  • Four production lines for extrusion of aluminium in Åseda and four in Walcz
  • Anodizing facility for surface treatment in Åseda and Walcz
  • Further processing of aluminium extrusions in the form of cutting processing, bending and stamping in Åseda
  • Fully automated facilities for processing, coating and packaging of interior design details in Åseda
• A dozen subcontractors broadens the range of processing possibilities
• The company is certified in accordance with IATF 16949, ISO 14001 and ISO 45001 and the industry's own sustainability standard Aluminium Stewardship Initiative Performance Standard
• Started in 1981 in Åseda, Sweden
• Listed on the Stockholm Stock Exchange in 1997 and is included in the Small Cap list

For more information, please contact

Mari Kadowaki, President and CEO Tel: +46 (0)70-956 80 01 mari.kadowaki@profilgruppen.se

Johan Löfmark, CFO Tel: +46(0)70–715 53 16 johan.lofmark@profilgruppen.se

Current information and photographs for free publication are available at www.profilgruppen.se

Interim report January 1 – June 30, 2025 ProfilGruppen AB (publ)

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