Q1 report

January - March 2023

2

Clear market leader in the Nordic region

This is Inwido

  • Leading window group in Europe
  • Clear market leader in the Nordic region with strong presence in the UK & Ireland
  • Net sales of SEK 9.6 billion LTM Q1 2023
  • Return on Operating Capital 17.6%
  • Approx. 4,400 employees at quarter end

Production sites marked on map

ETRI

Our five key shareholder value propositions

Attractive market driven by green transition

Strong position in core geographies

Proven track record through economic cycles

Scalable e-commerce platform

Potential to drive European consolidation

4

Q1 highlights

  • Strong result in a more challenging market - operating EBITA 168 million, second best Q1 to date
  • Twelfth consecutive quarter with sales growth
  • Higher margins in three out of four business areas
  • The positive trend for e-Commerce continues, with a higher operating EBITA and growing order intake
  • New build market remains weak and slightly more hesitant consumers

5

Q1 in numbers

  • Sales growth of 1% to SEK 2,095 million (2,073), organically -7%
  • Operating EBITA SEK 168 million (180)
  • Operating EBITA margin 8.0% (8.7%)
  • Order intake -17%, with an order backlog of -32% to SEK 1,581 million
  • Net debt vs. operating EBITDA 0.7x (0.8x) (0.4x excl. IFRS16)

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Disclaimer

Inwido AB (publ) published this content on 25 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2023 06:07:08 UTC.