WS WeSports Group: Interim Report January – September 2026

JULY – SEPTEMBER 2026

• Net sales increased by 65.3 percent to SEK 1,285.2 million (777.3). Organic growth amounted to 22.4 percent.
• Adjusted gross profit amounted to SEK 488.4 million (283.5), corresponding to an adjusted gross margin of 38.0 percent (36.5).
• Adjusted EBITA increased by SEK 61.5 million to SEK 128.3 million (66.8) and the adjusted EBITA margin amounted to 10.0 percent (8.6).
• Profit for the period amounted to SEK 59.8 million (11.6).
• Cash flow from operating activities amounted to SEK 114.5 million (67.8).
• Earnings per share before dilution amounted to SEK 1.97 (0.56).

JANUARY – SEPTEMBER 2026

• Net sales increased by 57.6 percent to SEK 3,423.3 million (2,171.6). Organic growth amounted to 22.8 percent.
• Adjusted gross profit amounted to SEK 1,267.0 million (778.4), corresponding to an adjusted gross margin of 37.0 percent (35.8).
• Adjusted EBITA increased by SEK 111.8 million to SEK 254.7 million (142.9) and the adjusted EBITA margin amounted to 7.4 percent (6.6).
• Profit for the period amounted to SEK 102.5 million (38.4).
• Cash flow from operating activities amounted to SEK 150.0 million (99.6).
• Earnings per share before dilution amounted to SEK 3.09 (1.57).

COMMENT FROM THE CEO
“We continue to gain market share at a rapid pace and deliver record profitability. Organic growth of 22.4 percent and a 92.1 percent increase in adjusted EBITA demonstrate the scalability of WeSports' business model and our leading position in the growing megatrend of sport and health…

… Overall, the breadth of growth demonstrates the strength of our decentralised model and the leading positions we have built across several sports, combining specialist expertise, passion and entrepreneurship with the Group's scale and infrastructure…

… Our focus remains unchanged: to continue growing faster than the market and make clear progress towards our financial targets of net sales of SEK 10 billion by 2031 and an adjusted EBITA margin of 7-8 percent on a full-year basis over the medium term,” says Ted Sporre, CEO of WS WeSports Group.

SIGNIFICANT EVENTS DURING THE QUARTER AND AFTER THE END OF THE PERIOD

• During the quarter, the Company acquired a 65 percent stake in Elite Fitness Oy, a Finnish specialist in nutritional supplements. The company reported net sales of approximately EUR 8M in 2025. The acquisition strengthens the Group's share of own and controlled brands and creates further opportunities for cross-selling within WeSports Group. Elite Fitness was consolidated from August 2026.
• After the end of the quarter, the Company increased its ownership in Spobik AB from 75 to 80 percent and in Biketown Sverige AB from 51 to 100 percent. These transactions are in line with the Company's strategy of building long-term partnerships with strong entrepreneur-led specialist companies. The ambition is to gradually increase ownership to over 90 percent, while also welcoming the entrepreneurs to retain a 5 to 10 percent ownership stake over the long term.
• During the quarter, the Company entered into a new long-term credit agreement with Nordea, comprising SEK 750M in committed credit facilities and an option to increase the facility by a further SEK 250M. The agreement strengthens the Group's financial flexibility and provides greater capacity to pursue future acquisitions.

CONFERENCE CALL IN CONNECTION WITH PUBLICATION OF THE INTERIM REPORT
In connection with the publication of the interim report, the Company will host a webcast presentation with a teleconference at 09:00 CET.

The presentation will be held in English by Ted Sporre, CEO, and Tim Holmlund Meier, CFO.

To follow the webcast, please use the following link:
https://events.inderes.com/wesports-group/q3-report-2026

To participate via teleconference, please register via the following link:
https://events.inderes.com/wesports-group/q3-report-2026/dial-in

After registration, you will be provided with telephone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.

The interim report and presentation will be available on WS WeSports Group’s website: www.wesportsgroup.com

CONTACT
Ted Sporre
CEO, WS WeSports Group AB
+46 737 09 23 88
ted.sporre@wesportsgroup.com

ABOUT WS WESPORTS GROUP
WS WeSports Group is a Nordic sports equipment specialist group. We hold leading market positions in the most attractive sports categories, such as cycling, fitness, running, hockey, floorball, skiing, outdoor, and golf. WS WeSports Group targets elite athletes and active individuals through online- and physical stores, while distributing own- and external brands. We acquire and develop specialist companies, allowing them to operate independently, within a decentralized structure, and take advantage of shared infrastructure and strategic support. FNCA Sweden AB is the Company's Certified Adviser on Nasdaq First North Premier Growth Market.

Read more about WS WeSports Group: www.wesportsgroup.com