Nordisk Bergteknik AB: Interim report Q4: Nordisk Bergteknik is well prepared for the market's rise

October - December 2024

• Net sales increased by 1% and amounted to SEK 897 (888) million
• Organic growth amounted to 2 (-15) %
• Adjusted EBIT amounted to SEK 33 (31) million with a margin of 3.7 (3.5) %
• Cash flow from operating activities amounted to SEK 173 (195) million
• Earnings per share for the period before and after dilution amounted to SEK -0.04 (0.11)

January - December 2024

• Net sales decreased by 6% and amounted to SEK 3,305 (3,526) million
• Organic growth amounted to -7 (-4) %
• Adjusted EBIT amounted to SEK 122 (173) million with a margin of 3.7 (4.9) %
• Cash flow from operating activities amounted to SEK 322 (292) million
• Earnings per share for the period before and after dilution amounted to SEK 0.17 (0.71)
• The board of directors has chosen not to propose any dividend

- During the last quarter of the year, we saw a clear increase in customer activity, which strengthens our belief that 2025 will gradually be significantly better than the previous year. At the same time the Foundation Sweden and Rock Norway segments continue to be affected by a depressed price level on the market, which has had a dampening effect on the group's results despite the strong development within Rock Sweden. When we summarize the fourth quarter, we want to highlight the strong cash flow which gives us confirmation that our internal work with streamlining and productivity improvements produces results, which will give us benefits in the market's rise. Net debt thus decreased to 3.2 times on annual basis, after being 3.6 times at the end of the third quarter, says Andreas Christoffersson, CEO Nordisk Bergteknik AB.

The interim report is attached in its entirety to this press release and on the company's website: https://nordiskbergteknik.se/en/investors/reports-and-presentations/

A presentation and a recorded video where the company's Deputy Group CEO comments on the report is available on the company's website: https://nordiskbergteknik.se/en/investors/reports-and-presentations/

This is information that Nordisk Bergteknik AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted, through the care of the contact persons below, for publication on 13 February 2025 at 07:45 CET.

For further information, contact:

Andreas Christoffersson, CEO, [phone], [e-mail]

Johan Lundqvist, CFO, [phone], [e-mail]

About Nordisk Bergteknik

Nordisk Bergteknik has a clear growth strategy with the objective to contribute to the development of a future sustainable society. Our companies are specialists within rock handling and foundation solutions, and through compassion and skill they are able to combine demand with the surrounding natural conditions. To be involved at an early stage in building modern societal functions is our everyday life, our home ground and our future.