Investor update

A mixed bag

More of the same

Signs of improvement

Decent from StrongPoint

Slow and steady

One step at a time

Revenue up 18% y-o-y

Q2: Sales 6% above, EBITDA NOK 7m vs ABGSCe NOK 3m

A waiting game

Better, but still not there

Sales below, EBITDA better

Q1: Sales 4% below, EBITDA NOK 10m vs ABGSCe NOK 4m. Cons estimates likely unchanged

Soft start, targets optimistic

Markets remain muted

Report largely in line

Challenges continue

Some light in a dark market

EBITDA above, but markets remain challenging

Q3: EBITDA of NOK 12m vs. our NOK 10m. New targets achievable, but lower range more likely. EBITDA above, but market remains challenging

The market remains muted

A test of patience

Q2: Adj. EBITDA of NOK 1m. New targets more achievable — sales +22% in '25e vs '23. Customers remain cautious — look beyond '24e.

Numbers largely in line

Q2: Adj. EBITDA of NOK 1m vs. our NOK -2m. New targets more achievable with Sainsbury's and Mercadona. Numbers largely in line, estimates likely unchanged.