Regulatory press release

Stable quarter despite lower vehicle volumes, also focus on strategic review

SECOND QUARTER

Net sales amounted to SEK 1,337 (1,466) million, a decrease of -8.8% on the same period the previous year.
Operating earnings (EBIT) totaled SEK 61 (74) million, equating to an operating margin of 4.6% (5.1). Restructuring costs of approximately SEK -8 million have had a negative impact on operating earnings.
Adjusted operating earnings (EBIT) totaled SEK 69 (74) million, equating to an operating margin of 5.2% (5.1).
Earnings after tax amounted to SEK 21 (40) million. Adjusted earnings after tax amounted to SEK 27 (40) million.
Order bookings amounted to SEK 1,211 (1,541) million, a decrease of -21.4% on the same period the previous year.
Cash flow from operating activities totaled SEK 127 (107) million.
Earnings per share were SEK 0.69 (1.64). Adjusted earnings per share were SEK 1.00 (1.64).
In June Bulten decided to initiate a strategic review of which products should be manufactured in-house versus externally sourced in the future, as well as how the company should be organized. The review includes an assessment of the potential consequences of consolidating and/or divesting one or more of the Group’s manufacturing facilities.

“Q2 results were in line with both the previous year and the previous quarter. Sales to segments such as medtech and consumer electronics were strong, while volumes for light vehicles fell slightly as a result of the downturn in the automotive sector. We intensified our efforts to develop a new strategy during the quarter, and also started a review of Bulten’s organization and resource allocation”, says Axel Berntsson, President and CEO.

A live presentation for analysts, media and investors will be held today at 11:00 AM CEST, during which President and CEO Axel Berntsson and CFO Anna Åkerblad will comment on the result. The presentation will be conducted in English and include a Q&A session.

Information for participants:
If you wish to participate via the webcast and submit written questions, please use the following link: https://www.finwire.tv/webcast/bulten/q2-2025/

If you wish to participate via the conference call and ask questions verbally, please dial: +46 850 539 728 and use the PIN code 850 1926 1107#.

The report will also be available on Bulten’s website: Report and presentations - Bulten

About Bulten
Bulten Group is a leading global manufacturer and distributor of fasteners to the automotive industry, as well as other industries such as consumer electronics. The offering extends from a wide range of standard products to specially adapted fasteners. With Bulten’s Full Service Provider concept (FSP), customers can entrust all their fastener needs to the company, including development, sourcing, logistics and service. Bulten was founded in 1873, has approximately 1,900 employees around the world and is headquartered in Gothenburg, Sweden. Exim & Mfr Enterprise is a part of Bulten Group since 2023. Net sales in 2024 totaled SEK 5,807 million. The share (BULTEN) is listed on Nasdaq Stockholm.