21 February 2025, at 09:00 Regulatory press release

Francks Kylindustri Holding AB (publ) ("Francks") hereby publishes the interim report for the period October - December 2024. The full report is available on Franck's website (https://francksref.com) and as an attached file.

October - December 2024

• • Proforma Net sales amounted to SEK 480m (469)
• • Proforma Adjusted EBITDA amounted to SEK 40m (36)
• • Cashflow from operating activities amounted to SEK 83m (36)
• • Order intake amounted to SEK 477m (210)
• • Order backlog amounted to SEK 851m (425)

Comments by the CEO
We reported Proforma Net sales of SEK 480m in the quarter (SEK 469m), with a Proforma Adjusted. EBITDA of SEK 40m, which is an increase of 10% compared to last year.

Our project order intake is increasing and reached SEK 477m in Q4, a SEK 268m or +128% increase YoY. Our overall project backlog keeps growing and stands at SEK 851m, with resilient order-related margins, twice the size of a year ago, and again at an all-time high for the fourth quarter in a row.

In October we entered the Finnish market. We are offering our industrial cooling solutions to Finland under our Finnish name, Francks Kylmäteollisuus Suomi Oy, bringing energy efficient and sustainable industrial cooling expertise to support and help improve our new customers businesses. We won our first project order in the quarter and are building our bid pipeline in a positive way.

Also in the quarter, we continued our expansion in Norway through the acquisition of Naturlig Kulde in Trondheim and Storm Kulde in Telemark, southwest of Oslo. Both acquisitions strengthen our geographic coverage and capabilities.

For more information, please contact:
Sören Jensen, CEO
+46 76 130 14 66, soren.jensen@francksref.com
Kerstin Levin, CFO
+46 70 344 52 65, kerstin.levin@francksref.com

This information is information that Francks Kylindustri Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted through the agency of the above contacts for publication on 21 February 2025 at 09.00. a.m. (CEST).

Attachments
Francks Kyldindustri Holding AB (publ) Fourth Quarter Report 2024