Correction of statement on organic net sales growth in previously published interim reports

Summary by AI ^BETAClose X

Addnode Group AB has corrected its reporting of organic, currency-adjusted growth for the first quarter of 2026, now showing a group-wide figure of -4 percent, an improvement from the previously reported -6 percent, and for the Design Management Division, -6 percent, up from -12 percent. These corrections, stemming from a human error, do not materially impact full-year 2025 results, nor do they affect reported net sales, earnings, cash flow, or financial position. The company also updated its fourth quarter 2025 figures, with group organic growth now at -1 percent (previously -4 percent) and Design Management at -1 percent (previously -8 percent).

Disclaimer*

Organic, currency-adjusted growth for the Design Management Division amounted to –6 percent in the first quarter of 2026, compared with the previously reported –12 percent. For the Group as a whole, organic, currency-adjusted growth in the first quarter of 2026 amounted to –4 percent, compared with the previously reported –6 percent.

Addnode Group AB hereby announces a correction regarding the presentation of organic, currency-adjusted growth, acquired growth, and currency effects in net sales as reported in the company’s interim report for the first quarter of 2026, published on 28 April 2026, and in the company’s year-end report for 2025, published on 3 February 2026. The correction has no material impact on the full year 2025.

The table below presents the previously reported and corrected breakdown of organic, currency-adjusted growth, acquired growth, and currency effects for the first quarter of 2026 and the fourth quarter of 2025.

Addnode Group Q1 2026, Reported			Addnode Group Q1 2026, Correction
	SEK m	Change		SEK m	Change
Net sales Q1 2025	1,461		Net sales Q1 2025	1,461
Currency-adjusted organic	-92	-6%	Currency-adjusted organic	-57	-4%
Acquisitions	223	15%	Acquisitions	227	16%
Currency effect	-61	-4%	Currency effect	-100	-7%
Net sales Q1 2026	1,531	5%	Net sales Q1 2026	1,531	5%

Design Management division Q1 2026, Reported			Design Management division Q1 2026, Correction
	SEK m	Change		SEK m	Change
Net sales Q1 2025	618		Net sales Q1 2025	618
Currency-adjusted organic	-72	-12%	Currency-adjusted organic	-37	-6%
Acquisitions	146	24%	Acquisitions	150	24%
Currency effect	-33	-5%	Currency effect	-72	-12%
Net sales Q1 2026	659	7%	Net sales Q1 2026	659	7%

Rounding differences when summarizing changes in % may occur.

Addnode Group Q4 2025, Reported			Addnode Group Q4 2025, Correction
	SEK m	Change		SEK m	Change
Net sales Q4 2024	1,484		Net sales Q4 2024	1,484
Currency-adjusted organic	-59	-4%	Currency-adjusted organic	-16	-1%
Acquisitions	236	16%	Acquisitions	193	13%
Currency effect	-97	-7%	Currency effect	-97	-7%
Net sales Q4 2025	1,564	5%	Net sales Q4 2025	1,564	5%

Design Management division Q4 2025, Reported			Design Management division Q4 2025, Correction
	SEK m	Change		SEK m	Change
Net sales Q4 2024	660		Net sales Q4 2024	660
Currency-adjusted organic	-50	-8%	Currency-adjusted organic	-7	-1%
Acquisitions	158	24%	Acquisitions	115	17%
Currency effect	-67	-10%	Currency effect	-67	-10%
Net sales Q4 2025	701	6%	Net sales Q4 2025	701	6%

Rounding differences when summarizing changes in % may occur.

For the sake of clarification, this correction does not entail any change to the principles or practices applied by Addnode Group regarding the presentation of organic, currency-adjusted growth, acquired growth, and currency effects. Reported net sales, earnings, cash flow, and the company’s financial position are not affected by this correction. The inaccuracy underlying this correction was due to a human error.

Addnode Group has prepared a correction sheet, which is attached to this press release and available on the company’s website. This should be read in conjunction with the company’s interim report for the first quarter of 2026, published on 28 April 2026, and the company’s year-end report for 2025, published on 3 February 2026.

Correction of the Interim Report for the First Quarter of 2026

Page 1 – Net sales increased by 5 percent to SEK 1,531 m (1,461). Net sales were impacted by currency effects of SEK -100 m (12), previously reported as SEK -61 m (12). Currency-adjusted organic net sales decreased by -4 percent, previously reported as -6 percent.
Page 2 – Net sales increased by 5 percent to SEK 1,531 m, of which -4 percent was currency-adjusted organic sales, previously reported as –6 percent currency-adjusted organic sales.
Page 6 – Currency effects, mainly a weaker USD, had an impact of approximately SEK -100 m (12) on net sales, previously reported as SEK -61 m (12). Currency-adjusted organic growth amounted to -4 percent, previously reported as -6 percent.
Page 6 – The Design Management Division’s net sales increased by 7 percent, and organic growth, adjusted for currency effects, was -6 percent, previously reported as -12 percent.
Page 8 Design Management Division – Net sales increased by 7 percent to SEK 659 m (618). Adjusted for currency effects, organic growth was -6 percent, previously reported as -12 percent. The weaker USD had a negative impact, since a large share of the division’s revenues is in USD. Currency effects had an impact of SEK -72 m (11) on net sales, previously reported as SEK -33 m (11).

Correction of the Interim Report for the Fourth Quarter of 2025

Page 1 - Net sales were impacted by currency effects of SEK -97 m (0). Currency-adjusted organic net sales decreased by 1 percent, previously reported as a decrease of 4 percent.
Page 2 - Net sales increased by 5 percent to SEK 1,564 m, of which -1 percent was currency-adjusted organic sales, previously reported as -4 percent.
Page 6 - The currency-adjusted organic growth was -1 percent, previously reported as -4 percent.
Page 6 - The Design Management division’s net sales increased by 6 percent, and organic growth, adjusted for currency effects, was -1 percent, previously reported as -8 percent.
Page 8 Design Management Division - Adjusted for currency effects, organic growth was -1 percent, previously reported as -8 percent.

Addnode Group - Digitalization for a Better Society
Addnode Group acquires, operates and develops cutting edge enterprises that digitalize society. We are a leading global provider of software and services for design, construction, product data, and facility management. We also support the public sector with document and case management solutions. By acquiring new businesses and providing a growth platform for our subsidiaries, we create sustainable value growth.

Addnode Group has 3,000 employees and consists of around 20 companies with geographical presence in 20 countries across five continents. Net sales in 2025 amounted to SEK 5.8 billion. Addnode Group's Series B share is listed on Nasdaq Stockholm, in the Large Cap segment. For more information, please visit: www.addnodegroup.com.