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End markets

Industrial manufacturing

No documented connections to other themes yet.

Strongest quotes

Analog Devices · Driver

“We are positioned to capitalize on critical long-term growth trends to drive advancements in digitized factories, mobility and digital healthcare, combat climate change and reliably connect humans and the world.”

Annual report 2025A · The company itself

BE Group AB (publ) · Driver

“Tonnaget till byggindustrin minskade organiskt med -6 procent, vilket framförallt påverkade den svenska verksamheten, medan tillverkningsindustrin ökade med 2 procent.”

Annual report 2024A · The company itself

Etteplan Oyj · Driver

“Hallituksen toimintakertomus 2 2 Hallituksen toimintakertomus 1.1.–31.12.2025 TOIMINTAYMPÄRISTÖ Etteplanin liiketoimintaan vaikuttaa keskeisimmin globaali koneja metalliteollisuuden kehitys.”

Annual report 2025A · The company itself

Etteplan Oyj · Driver

“MARKKINANÄKYMÄT 2026 Etteplanin liiketoimintaan vaikuttaa keskeisimmin globaalin koneja metalliteollisuuden kehitys.”

Annual report 2025A · The company itself

Companies with exposure

Analog DevicesSector unknown

Driver · strengthens · strength 3/3

“We are positioned to capitalize on critical long-term growth trends to drive advancements in digitized factories, mobility and digital healthcare, combat climate change and reliably connect humans and the world.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The following describes some of the characteristics of, and customer products within, our major end markets of Industrial, Automotive, Communications and Consumer: Industrial — Our industrial market includes the following sectors: Industrial Automation — We are a leader in industrial automation demonstrated through our delivery of robust, high-performance solutions derived from our expertise in deep motion and process control and precision sensing measurement and interpretation, which translate into expansive connectivity and power capabilities. We take real-world phenomena in the most complex environments on the factory floor and translate them into valuable insights and outcomes. We co-create with customers to architect robotics systems and solutions that improve dynamic behavior and precision while enhancing worker safety, machine health and manufacturing flexibility. Our industrial automation market includes applications such as: • Condition-based monitoring (CbM) • Industrial power supplies • Industrial robotics • Industrial motion control • Factory and process control Instrumentation & Measurement — Trusted measurement is at the forefront of innovation.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“•Power Management & Reference—Power management and reference products, which include functions such as power conversion, driver monitoring, sequencing and energy management, provide efficient solutions for power management and conversion applications in the automotive, communications, industrial and high-end consumer markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Markets The breakdown of our annual revenue by end market is set out in the table below: End Market* Percent of Fiscal 2025 Revenue Percent of Fiscal 2024 Revenue Percent of Fiscal 2023 Revenue Industrial 45% 46% 53% Automotive 30% 30% 24% Consumer 13% 13% 10% Communications 13% 12% 13% *The sum of the individual percentages may not equal 100% due to rounding. The following describes some of the characteristics of, and customer products within, our major end markets of Industrial, Automotive, Communications and Consumer: Industrial — Our industrial market includes the following sectors: Industrial Automation — We are a leader in industrial automation demonstrated through our delivery of robust, high-performance solutions derived from our expertise in deep motion and process control and precision sensing measurement and interpretation, which translate into expansive connectivity and power capabilities.”

Annual report 2025A · The company itself

BE Group AB (publ)Sector unknown

Driver · mixed effect · strength 3/3

“Tonnaget till byggindustrin minskade organiskt med -6 procent, vilket framförallt påverkade den svenska verksamheten, medan tillverkningsindustrin ökade med 2 procent.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Genom produktionsserviceförsäljning erbjuder BE Group vidareförädling av produkterna och kunden kan fokusera på sin kärnverksamhet, minska kostnaderna samt öka produktivitet och lönsamhet. Målet är ökad effektivitet inom produktionen och ett stärkt samarbete inom organisationen genom hela affären för att optimera flödet och säkerställa hög leveransprecision.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“BE Groups kunder finns framförallt inom bygg- och tillverkningsindustrin.”

Annual report 2024A · The company itself

Etteplan OyjSector unknown

Driver · strengthens · strength 3/3

“Hallituksen toimintakertomus 2 2 Hallituksen toimintakertomus 1.1.–31.12.2025 TOIMINTAYMPÄRISTÖ Etteplanin liiketoimintaan vaikuttaa keskeisimmin globaali koneja metalliteollisuuden kehitys.”

Annual report 2025A · The company itself

Driver · strengthens · strength 3/3

“MARKKINANÄKYMÄT 2026 Etteplanin liiketoimintaan vaikuttaa keskeisimmin globaalin koneja metalliteollisuuden kehitys.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Strategia SBM-1 – Strategian, liiketoimintamallin ja arvoketjun yleiskuvaus ETTEPLANIN LIIKETOIMINTA-ALUEET, MARKKINAT JA ASIAKKAAT ( SBM-1_01-02) Etteplanin liiketoiminta on jaettu kolmeen palvelualueeseen: Suunnitteluratkaisut: Koneiden, laitteiden ja tuotantolaitosten suunnittelu ja kehitys asiakkaille, mukaan lukien tuotekehitys, tehdassuunnittelu ja Engineering-to- Order-projektit.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Keskeisiä toimialoja ja asiakasryhmiä ovat: Valmistava teollisuus: Teollisuuskoneet, automaatio ja tuotantojärjestelmät, joita tukevat suunnittelu-, kehitysja digitalisaatiopalvelut.”

Annual report 2025A · The company itself

Konecranes OyjSector unknown

Driver · strengthens · strength 3/3

“Konecranesin tuotteiden ja palveluiden kysyntää ohjaa markkinatilanne valmistavassa teollisuudessa sekä kontinkäsittelyteollisuudessa.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Teollisuuslaitteet tarjoaa nostimia, nostureita ja materiaalinkäsittelyratkaisuja monille eri teollisuudenaloille.”

Annual report 2025A · The company itself

Martela OyjSector unknown

Driver · strengthens · strength 3/3

“Martela ranked number one in 11 evaluation categories in Taloustutkimus’ Work Life Decision Makers 2025 study – more than any other company in the industry. A strong Net Promoter Score (NPS) of 40, together with top ratings in quality, ergonomics and reliability, highlights the trust built through long-term, customer-driven work.”

Annual report 2025A · The company itself

Driver · weakens · strength 2/3

“Unexpected equipment failures, catastrophic events and scheduled maintenance may lead to production curtailments or shutdowns. Our manufacturing processes are dependent upon critical pieces of equipment, such as our kilns and finishing mills. This equipment, on occasion, is out of service as a result of planned or unplanned maintenance, failures or damage during accidents.”

Annual report 2025A · The company itself

Driver · strengthens · strength 2/3

“Heavy nonresidential construction demand remained steady in 2025 across key geographies due to rapid expansion in data centers, a recovery in warehousing and distribution, and early-stage momentum in energy and advanced manufacturing. The Company expects 2026 demand in these nonresidential segments to remain strong.”

Annual report 2025A · The company itself

Input · weakens · strength 3/3

“The property and machinery needed to produce our products are very costly. Therefore, we require large amounts of cash to operate our businesses.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Specialties Business The Specialties business produces and sells dolomitic lime from its Woodville, Ohio facility and manufactures high-purity natural and synthetic magnesia-based products, including magnesium sulfate, magnesium oxide and magnesium hydroxide, that serve environmental, industrial, agricultural, construction, consumer and specialty applications at its Manistee, Michigan; Woodville, Ohio; Gabbs, Nevada; Waynesville, North Carolina; Greendale, Indiana; and Aspers, Pennsylvania facilities. These magnesia-based products have varying uses, including flame retardants, wastewater treatment, pulp and paper production and other specialty applications.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“End-Use Trends The principal end-use markets of the Building Materials business are public infrastructure (i.e., highways; streets; roads; bridges; and schools); nonresidential construction (i.e., manufacturing and distribution facilities; data centers; industrial complexes; office buildings; large retailers and wholesalers; healthcare; hospitality; and energy-related activity); and residential construction (i.e., subdivision development; and single- and multi-family housing).”

Annual report 2025A · The company itself

Norfolk SouthernSector unknown

Input · weakens · strength 3/3

“As a result, we are dependent on certain key suppliers and manufacturers of locomotive and railroad items. Disruption to one or more of our key suppliers or manufacturers, including as a result of stopped or restricted production, labor stoppage or restriction, or significant supply shortage or outage could negatively impact our operating efficiency and increase costs.”

Annual report 2025A · The company itself

Southwest AirlinesSector unknown

Input · weakens · strength 2/3

“Additionally, Southwest's use of a single aircraft type, the Boeing 737, allows for simplified scheduling, maintenance, flight operations, safety management, and training activities.”

Annual report 2025A · The company itself

Input · weakens · strength 3/3

“Operational Risks The Company is currently dependent on Boeing as the sole manufacturer of the Company's aircraft. If the MAX aircraft were to become unavailable for the Company's operations, or if the Company were to continue to experience prolonged delivery delays of MAX aircraft, the Company's business plans, strategies, and results of operations could be materially and adversely affected.”

Annual report 2025A · The company itself

Input · weakens · strength 2/3

“The Company operates the -8 out of the MAX family of aircraft and is awaiting delivery of the -7 out of the MAX family of aircraft.”

Annual report 2025A · The company itself

Input · weakens · strength 2/3

“Boeing no longer manufactures versions of the 737 other than the MAX family of aircraft.”

Annual report 2025A · The company itself

Input · weakens · strength 3/3

“The Company may not be able to procure aircraft in the future in a timely manner or on favorable commercial terms, which could limit the Company’s growth or negatively affect the Company’s cost structure and competitive position. The Company’s ability to execute its growth, fleet modernization, and strategic and operational plans may be affected by the timely procurement of additional aircraft on commercially favorable terms.”

Annual report 2025A · The company itself

Input · weakens · strength 3/3

“Introducing a new aircraft manufacturer or fleet type could impose significant operational complexities, regulatory requirements, and costs on the Company. If the Company’s operations, growth, or strategic initiatives were to be dependent upon the introduction of a new aircraft make and model to the Company’s fleet, the Company would need to, among other things, (i) develop and implement new maintenance, operating, and training programs; (ii) procure new simulators, tooling, spares, and facilities; (iii) secure extensive regulatory approvals; (iv) implement new technologies; (v) negotiate new supplier, parts-support, and maintenance arrangements; and (vi) negotiate pay and work rules with certain labor unions. The requirements associated with operating a new aircraft make and model could take an extended period of time to fulfill and would likely impose substantial costs on the Company.”

Annual report 2025A · The company itself

Input · weakens · strength 3/3

“The Company is currently dependent on a single engine supplier, as well as single suppliers of certain other aircraft parts and equipment; therefore, the Company could be materially adversely affected (i) if it were unable to obtain timely or sufficient delivery of aircraft parts or equipment from Boeing or other suppliers or adequate maintenance or other support from any of these suppliers at commercially reasonable terms, (ii) if Boeing or other suppliers were unable to achieve and/or maintain required regulatory certifications or approvals of their parts or equipment, or (iii) in the event of a mechanical or regulatory issue associated with the Company’s aircraft parts or equipment. The Company is dependent on Boeing as its sole supplier for many of its aircraft parts.”

Annual report 2025A · The company itself

Input · weakens · strength 2/3

“The Company is also dependent on sole or limited suppliers for aircraft engines and certain other aircraft parts, equipment, and services. If Boeing, or other suppliers, were unable or unwilling to timely provide adequate products or support for their products at commercially reasonable terms, were unable to achieve and/or maintain required regulatory certifications or approvals of their parts or equipment, or in the event of a mechanical or regulatory issue associated with engines or other parts or services, the Company’s operations could be materially adversely affected.”

Annual report 2025A · The company itself

Input · weakens · strength 2/3

“The Company performs substantially all line maintenance on its aircraft and provides ground support services at most of the airports it serves. However, the Company has arrangements with certain aircraft maintenance providers for major component inspections and repairs for its airframes and engines, which comprise the majority of the Company's annual aircraft maintenance costs.”

Annual report 2025A · The company itself

SSAB ABSector unknown

Driver · weakens · strength 3/3

“Större produktionsavbrott Stålproduktion är beroende av kontinuerlig drift av viktig produktionsutrustning. Driftstopp i produktionen kan inträffa på grund av oförutsedda maskinella fel eller andra händelser.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kundsegment Kundsegmenten omfattar tunga transporter, bygg och infrastruktur, fordonsindustri, industriapplikationer, bygg- och anläggningsmaskiner (inklusive lyftkranar) samt energi- och materialhantering (inklusive gruvdrift).”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“De främsta konkurrenterna är amerikanska SSAB Americas bidrar till SSABs strategi genom att: • Öka andelen premiumprodukter • Bibehålla en ledande position på SSABs hemmamarknad Nordamerika stålproducenter som Nucor, Cleveland-Cliffs, EVRAZ, Algoma Steel samt importerade produkter.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nära samarbeten med strategiska kunder och kundsegment ger förutsättningar för en marknadsdriven produktutveckling som skapar ökat värde även för slutanvändarna. Detta är speciellt tydligt för SSABs höghållfasta stål där också det tekniska kundstödet är en viktig del av forskning och utvecklingsarbete.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna inom ståldistributörer var avvaktande och efterfrågan inom bygg- och anläggningsmaskiner försvagades.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nedströms värdekedja SSABs kunder omfattar bland annat företag inom tunga transporter, byggindustrin, fordonsindustrin och bygg- och anläggningsmaskiner.”

Annual report 2024A · The company itself

A.P. MØLLER - MÆRSK A/STransport & logistics

Market · strengthens · strength 2/3

“Industries from fashion and industrial manufacturing to agriculture rely on container shipping, which creates millions of jobs and economic growth.”

Annual report 2025A · The company itself

AccentureSector unknown

Market · strengthens · strength 2/3

“Industry X We combine our digital capabilities with deep engineering and manufacturing expertise. By using the combined power of digital and data we help our clients to reinvent and reimagine the products they make and how they make them.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Geographic Markets The following revenues commentary discusses the primary drivers of local currency revenue changes by geographic market for fiscal 2025 compared to fiscal 2024: •Americas revenues increased 9% in local currency, led by growth in Banking & Capital Markets, Industrials and Software & Platforms.”

Annual report 2025A · The company itself

Adobe Inc.Sector unknown

Market · strengthens · strength 2/3

“Segment Information Total revenue by reportable segment for fiscal 2025, 2024 and 2023 were as follows: (dollars in millions) 2025 2024 2023 % Change 2025-2024 Digital Media $ 17,649 $ 15,864 $ 14,216 11 % % Percentage of total revenue 74 % % 74 % % 73 % % Digital Experience 5,864 5,366 4,893 9 % % Percentage of total revenue 25 % % 25 % % 25 % % Publishing and Advertising 256 275 300 (7)% % Percentage of total revenue 1 % % 1 % % 2 % % Total revenue $ 23,769 $ 21,505 $ 19,409 11 % % Revenue from Digital Media increased $1.79 billion and revenue from Digital Experience increased $498 million during fiscal 2025 as compared to fiscal 2024.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“As we continue to target enterprise customers for certain of our solutions, we may face increased costs, longer sales cycles, greater competition and less predictability in completing our sales. For our enterprise customers, the evaluation process may be longer and more involved, and require us to invest more in educating our customers about our solutions, particularly because the decision to use our solutions is often an enterprise-wide decision. We are increasingly offering end-to-end solutions that include generative and agentic AI capabilities, which have in the past, and may in the future, increase the complexity of technical or contractual assurances or requirements that we or our customers require, whether pursuant to regulations or internal policies, as part of the contracting process, leading to extended sales cycles.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our Embedded segment primarily includes embedded CPUs, APUs, FPGAs, System on Modules (SOMs) and adaptive SoC products some of which are subject to macroeconomic trends and volatile business conditions.”

Annual report 2025A · The company itself

AES CorporationSector unknown

Market · strengthens · strength 2/3

“The expansion of advanced manufacturing and data centers has the potential to significantly accelerate the demand for electricity in the U.S. power markets. AES Indiana and AES Ohio have an obligation to serve customers who are located in our service territory and are working with several companies to provide solutions for the electric service needs of data centers and advanced manufacturing facilities. We see these relationships growing with the expansion of their use within our service territory.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Cochrane currently has long-term contracts with an average remaining term of approximately 10 years with mining customers, mainly with pricing indexed to CPI.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“AES Mexico Business Description — The TEG and TEP pet coke-fired plants, located in Tamuin, San Luis Potosi, supply power to their offtakers under long-term PPAs expiring in 2027 with a 90% availability guarantee.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Private companies operate in all three segments, and generators can enter into PPAs to sell energy to regulated and unregulated customers, as well as to other generators in the spot market.”

Annual report 2025A · The company itself

AflacSector unknown

Market · strengthens · strength 2/3

“Brokers The broker channel of Aflac U.S. focuses on selling to the mid- and large-case market, which is comprised of employers with 100 or more employees and typically an average size of 1,000 employees or more.”

Annual report 2025A · The company itself

AFRY ABSector unknown

Market · strengthens · strength 2/3

“Stockholm, mars 2025 Linda Pålsson VD och koncernchef AFRY i korthet AFRY erbjuder tjänster inom teknik, design, digitalisering och rådgivning för att accelerera omställningen till ett mer hållbart samhälle.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Detta sker genom våra kunduppdrag, det vill säga via tillhandahållande av teknik- och designtjänster, CAPEX-projekt, digitala lösningar samt rådgivningstjänster.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Eftersom vi har en mångsidig verksamhet inom ett brett spektrum av branscher och länder kan vi erbjuda många intressanta uppdrag och möjligheter till kompetensutveckling.”

Annual report 2024A · The company itself

Agilent TechnologiesSector unknown

Market · strengthens · strength 2/3

“Table of Contents Vacuum Technology Our vacuum technologies products are used to create, control, measure and test vacuum environments in life science, industrial and scientific applications where ultra-clean, high-vacuum environments are needed. Vacuum technologies' customers are typically OEMs that manufacture equipment for these applications, or government and research organizations that require vacuum solutions in their facilities.”

Annual report 2025A · The company itself

AKER ASASector unknown

Strategy · strengthens · strength 2/3

“Aker investerer aktivt innen globale veksttrender inkludert energisikkerhet, -effektivitet og - omstilling, industriell digitalisering, marine proteiner og ingredienser.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Akastor ◾ AMSC ◾ Philly Shipyard Porteføljen består også av eierskapet i flere unoterte selskaper, samt aktiv kapitalforvaltning gjennom investeringsselskapet Industry Capital Partners (ICP) og eiendomsinvesteringer gjennom Aker Property Group.”

Annual report 2024A · The company itself

AKER BIOMARINE ASASector unknown

Strategy · strengthens · strength 2/3

“This growth is the result of a focused effort to reposition and improve our Superba business, strong demand for our scientifically backed products, and the consolidation and strengthening of our manufacturing capabilities in Houston, optimizing production efficiency and scalability.”

Annual report 2024A · The company itself

Aktiebolaget VolvoSector unknown

Market · strengthens · strength 2/3

“Banbrytande innvationer mot en fossilfri framtid Volvo Penta är verksamt inom två kärnaffärer: Marin (fritidsbåtar, yachter och kommersiella fartyg) och Industri (maskinapplikationer och kraftgenerering, inklusive delsystem till batterienergilagringssystem).”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“One of Europe's leading EMS businesses. Manufacturer of electronics, mechanics, cable harnessing and mechatronics.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Market-leading specialist within hydraulic solutions and components.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“A leading global manufacturer of special-purpose nonwovens”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Market-leading specialist within hydraulic solutions and components. Customers are various larger and local OEM manufacturers”

Annual report 2025A · The company itself

Driver · strengthens · strength 2/3

“HydraSpecma reported 5% revenue growth relative to the year before, with high activity in all three divisions. Supported by a disciplined operational focus, full-year EBITDA was up by 15%, despite the impact from one-off costs related to the relocation and consolidation of production at the new facility in Stargard, Poland.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Market-leading specialist within hydraulic solutions and components.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Solid safety focus with decline in LTIFR to 0.4 injuries per million working hours Strong profitability uplift expected in 2026 with several improvement initiatives Global uncertainty and soft market demand result in slightly lower revenue Consolidation of manufacturing sites and operational improvements foundation for future development GPV is the second-largest Europeanheadquartered EMS (Electronics Manufacturing Services) business. GPV offers services such as design, production, assembly, and testing of solutions in electronics, mechanics, cable harness, and mechatronics for a range of leading international customers. GPV’s solutions are used in customer end-products within the market segments Industrials, Measurement & Control, Transport, CleanTech, BuildingTech, HighTech Consumer, MedTech, and Defence.”

Annual report 2025A · The company itself

Albemarle CorporationSector unknown

Strategy · strengthens · strength 2/3

“Our ability to maintain or increase our profitability is, and will continue to be, dependent upon our ability to offset decreases in the prices and margins of our products by improving production efficiency and volume and other productivity enhancements, shifting to production of higher margin chemical products and improving existing products through innovation and research and development.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Energy Storage Segment Our Energy Storage business enables better lithium use through reliable supply and consistent quality. We develop and manufacture a broad range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We enable digital innovation focused on safety and reliability, including fire safety compounds. Our fire safety technology enables the use of plastics in high performance, high heat applications by enhancing the flame resistant properties of these materials.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Top 20 tenants 84% of Top 20 Tenant Annual Rental Revenue Is From Investment-Grade or Publicly Traded Large Cap Tenants(1) Our properties are leased to a high-quality and diverse group of tenants, with no individual tenant accounting for greater than 6.1% of our annual rental revenue in effect as of December 31, 2025.”

Annual report 2025A · The company itself

Alfa Laval ABSector unknown

Strategy · strengthens · strength 2/3

“För det första har tjänsteverksamheten vuxit med 16 procent per år, med stöd av ett starkt investeringsprogram.”

Annual report 2024A · The company itself

Align TechnologySector unknown

Market · strengthens · strength 2/3

“We also sell our products to dental laboratories who use our products to manufacture or customize their own products for licensed dentists.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Divisionen Industrial har ett brett utbud av permanent installerade hissar inom ett brett spektrum av branscher och krävande miljöer. Utbudet omfattar även servicekontrakt för att bibehålla tillförlitligheten hos lösningarna som kan vara i drift i över 20 år.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Med närvaro i mer än 120 länder utvecklar, tillverkar, säljer och utför vi service på koncernens transportlösningar och lösningar för arbete på höjd, med fokus på att tillföra kundvärde genom högre säkerhet, ökad produktivitet och bättre kostnadseffektivitet.”

Annual report 2024A · The company itself

Alliant EnergySector unknown

Market · strengthens · strength 2/3

“Customers - IPL and WPL provide gas utility service to a large base of retail customers and industries, including research, education, hospitality, manufacturing and chemicals (including ethanol).”

Annual report 2025A · The company itself

Alligo ABSector unknown

Driver · strengthens · strength 2/3

“Med en relativt hög andel stora industrikunder finns en stor potential i att öka tillväxten bland små och medelstora företag.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“U under 2024 har Alligo lanserat ett helt nytt sortiment för infästning under det egna varumärket Inno. Infästning är ett område med god tillväxt potential där Alligo kan stärka sin konkurrenskraft genom ett eget sortiment.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Bolaget har butiker i Köping och Eskilstuna och är specialiserat på försäljning och service av svetsmaskiner och tillhörande utrustning. Sundholm Welding omsätter cirka 23 MSEK och har sex anställda.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Alligo är en ledande aktör inom arbetskläder, personligt skydd, verktyg och förnödenheter i Norden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna utgör en balanserad mix av små och medelstora företag, stora industriföretag samt offentlig sektor inom åtta definierade branschsegment.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Samtidigt som försäljningen till byggindustri och små och medelstora företag var svag så var försäljningsutvecklingen positiv inom tillverkningsindustri.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Avmattningen i efterfrågan på marknaden fortsatte under perioden och var relaterad till flertalet kundsegment förutom olja och gas i Norge och offentlig verksamhet i Sverige som hade en fortsatt bra utveckling.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“till 18,2 procent (19,4). Minskningen är hänförlig till Sverige och Norge och är en följd av genomförda förvärv, men även att försäljningen till större industrikunder med fasta sortiment av externa varumärken ökat.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Alligo är verksamt på tre nordiska huvudmarknader i Sverige, Norge och Finland som omsätter totalt cirka 59 MDSEK per år inom Alligos produktområden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Den organiska tillväxten uppgick till cirka -9 procent och nedgången är tydlig inom tillverkningsindustrin, men även inom flertalet andra kundsegment.”

Annual report 2024A · The company itself

AllstateSector unknown

Market · strengthens · strength 2/3

“Commercial lines strategy The commercial lines strategy is focused on growing National General commercial auto product lines sold through exclusive and independent agents. We are expanding offerings geographically and increasing product lines, including brokered solutions to meet diverse customer needs.”

Annual report 2025A · The company itself

Alma Media OyjSector unknown

Market · strengthens · strength 2/3

“• Kauppalehti on Suomen johtava talousmedia ja ammattilaisten tietolähde.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Insights-liiketoimintayksikkö tarjoaa yrityksille ja ammattilaisille analysoitua yritys- ja päättäjätietoa sekä juridista sisältöä, jotka tukevat liiketoiminnan kehittämistä, päätöksentekoa ja sääntelyn noudattamista. Palvelukokonaisuus sisältää Business Insightsin (yritys- ja päättäjätieto) sekä Legal Insightsin (juridiikan sisältöpalvelut), jonka keskeisiä palveluja ovat muun muassa Edilex ja Suomen Laki.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Alma Median digitaaliset markkinapaikat keskittyvät rekrytointiin, asumiseen, toimitiloihin, autoiluun sekä yritys- ja juridisen tiedon palveluihin.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Google Cloud Through our Google Cloud Platform and Google Workspace offerings, Google Cloud generates revenues primarily from consumption-based fees and subscriptions for infrastructure, platform, applications, and other cloud services.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“It can be used to migrate and modernize information technology (IT) systems and to train and serve various types of AI models.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our data platform also unifies data lakes, data warehouses, data governance, and advanced machine learning into a single platform that helps users analyze data using AI models across any cloud. •Agents: ◦Gemini Enterprise: empowers teams to discover, create, share, and run AI agents all in one secure platform, bringing the best of Google AI to employees through an intuitive chat interface, helping to automate workflows and drive smarter business outcomes. ◦Gemini for Google Workspace: brings our AI-powered agents into Gmail, Docs, Sheets, and more to help users write, organize, visualize, accelerate workflows, and have more productive meetings.”

Annual report 2025A · The company itself

Altra Fastigheter ABSector unknown

Market · strengthens · strength 2/3

“FÖRVÄRV 2024 PER REGION OCH FASTIGHETSKATEGORI MSEK Kontor Logistik/ Lager Handel Industri Övrigt Total Södra Sverige, större städer - - - 7 - 7 Sverige övrigt - 38 - - - 38 Helsingfors och universitetsstäder i Finland - 39 - 134 - 174 Grenland, Norge 994 136 248 - 70 1 447 Totalt 994 214 248 142 70 1 666 1) Marknadsuppgifter från Newsec.”

Annual report 2024A · The company itself

AmerenSector unknown

Market · strengthens · strength 2/3

“Native load – End-use retail customers whom Ameren Missouri or Ameren Illinois is obligated to serve by statute, franchise, contract, or other regulatory requirement.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“VERTICALLY INTEGRATED UTILITIES GENERAL The Vertically Integrated Utilities operations are engaged in the generation, transmission and distribution of electricity for sale to retail and wholesale customers through assets owned and operated by AEGCo, APCo, I&M, KGPCo, KPCo, PSO, SWEPCo and WPCo.”

Annual report 2025A · The company itself

American ExpressSector unknown

Strategy · strengthens · strength 2/3

“Second, we seek to build on our strong position in commercial payments by evolving our card value propositions, further differentiating our corporate card and accounts payable expense management solutions and designing innovative products and features, including financing, banking and payment solutions for our business customers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our range of products and services includes: •Credit and charge cards and complementary products and services, including travel, dining, lifestyle and expense management products and services •Banking and other payment and financing products and services, including deposits and non-card lending •Merchant acquisition and processing, servicing and settlement, fraud prevention, and point-of-sale marketing and information products and services •Network services These products and services are offered through various channels, including mobile and online applications, affiliate marketing, customer referral programs, third-party service providers and business partners, in-house sales teams, direct mail, telephone and direct response advertising.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Card Issuing Businesses We are a leader in providing general purpose credit and charge cards to consumers, small businesses, mid-sized companies and large corporations. We offer a broad set of card products, rewards and services to this premium consumer and broad commercial customer base, in the United States and internationally, through our USCS, CS and ICS reportable operating segments.”

Annual report 2025A · The company itself

American Water WorksSector unknown

Market · strengthens · strength 2/3

“Regulated Businesses The Company’s primary business involves the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers.”

Annual report 2025A · The company itself

AmetekSector unknown

Market · strengthens · strength 2/3

“Electronic Instruments is a leader in the design and manufacture of advanced instruments for the process, power and industrial, and aerospace markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Its end markets include aerospace and defense, medical, automation and other industrial markets.”

Annual report 2025A · The company itself

AmgenSector unknown

Market · strengthens · strength 2/3

“Manufacturing biologic and small molecule human therapeutic products is difficult, complex and highly regulated. We manufacture many of our commercial products and product candidates internally.”

Annual report 2025A · The company itself

AmphenolSector unknown

Market · strengthens · strength 2/3

“Revenue Recognition ​ The Company’s primary source of revenues consist of product sales to either end customers and their appointed contract manufacturers (including original equipment manufacturers) or to distributors.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“I fastighetsbeståndet ingår även Valhall Park i Ängelholm och Ljungbyhed Park i Ljungbyhed med totalt 13 fastigheter på en yta om cirka 600 hektar med en mångfald av verksamheter inom både privat och offentlig sektor. Båda företagsparkerna omfattar såväl flexibla kontor som logistikfastigheter samt lätt industri tillsammans med tillhörande service som boende, utbildningslokaler, konferenscentrum, sporthallar och samhällsservice.”

Annual report 2024A · The company itself

Aon plcSector unknown

Market · strengthens · strength 2/3

“Principal Products and Services Risk Capital Commercial Risk Solutions uses Risk Capital’s extensive data and analytics capabilities to provide brokerage and consulting services that help organizations develop, improve, and implement their risk management strategies. Commercial Risk Solutions includes insurance and specialty brokerage, global risk consulting, captives management, and Affinity programs.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Revenue from Contracts with Customers Disaggregation of Revenue The following table summarizes revenue from contracts with customers by principal service line (in millions): Commercial Risk Solutions $ 8,497 $ 7,861 $ 7,043 Reinsurance Solutions 2,793 2,656 2,481 Total Risk Capital (1) 11,290 10,517 9,524 Health Solutions 3,839 3,335 2,433 Wealth Solutions 2,068 1,874 1,431 Total Human Capital (1) 5,907 5,209 3,864 Eliminations (16) (28) (12) Total revenue $ 17,181 $ 15,698 $ 13,376 (1)Includes inter-segment revenue.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our equity strategy focuses on several investing strategies as described below as of December 31, 2025: •Corporate Private Equity ($78.8 billion of AUM), which refers to our investment strategy focused on creating investment opportunities with attractive risk-adjusted returns across industries and geographies and throughout market cycles, utilizing our value-oriented investment approach. Through this strategy, we seek to build portfolios of investments that are created at meaningful discounts to comparable market multiples, thereby resulting in what we believe are portfolios focused on capital preservation.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Volatility and general economic trends are also likely to impact the performance of portfolio companies in many industries, particularly industries that are more affected by changes in consumer demand, such as the packaging, manufacturing, chemical and refining industries, as well as the travel and leisure, gaming and real estate industries.”

Annual report 2025A · The company itself

AptivSector unknown

Market · strengthens · strength 2/3

“Engineered Components Group. This segment provides connection systems, high-performance interconnects, and cable management and protection solutions that optimize the distribution of power, signal and data for next-generation applications across multiple end markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Aptiv operates its core business along the following operating segments, which are grouped on the basis of similar product, market and operating factors: •Advanced Safety and User Experience, which includes platforms and modular offerings, such as intelligent sensors, high-performance compute, and advance software tools and services. •Engineered Components Group, which includes connection systems, high-performance interconnects, and cable management and protection solutions that optimize the distribution of power, signal and data for next-generation applications across multiple end markets.”

Annual report 2025A · The company itself

Ares ManagementSector unknown

Market · strengthens · strength 2/3

“Our private equity funds are leaders in the Americas and European middle market, where they focus on growth buyout transactions. We seek to bring large capital resources to high-quality, services-oriented middle market companies where we can utilize the team’s thematic approach, extensive growth-oriented investing experience and dedicated value creation system to target attractive returns across market environments.”

Annual report 2025A · The company itself

Arista NetworksSector unknown

Market · strengthens · strength 2/3

“Risks Related to Customers and Sales If we are unable to attract new large customers or to sell additional products and services in the AI Ethernet, Campus Workspace and Network Security Markets, to our existing customers, our revenue growth will be adversely affected and our revenue could decrease.”

Annual report 2025A · The company itself

Arla Plast ABSector unknown

Market · strengthens · strength 2/3

“De huvudsakliga kunderna av extruderade plastskivor är konverterare, vakuumformare, OEM:s samt distributörer. En stor del av vår försäljning sker till företag som bearbetar materialet vidare, genom vakuumformning eller genom andra konverteringsmetoder, samt i vissa fall till företag som producerar färdiga produkter som till exempel resväskor, pooltak eller maskinskydd.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Vi ser dock en ihållande efterfrågan inom andra segment, särskilt inom sektor industri och industriella projekt.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Table of Contents Risk management services are primarily marketed on an independent basis from our brokerage operations, to Fortune 1000 companies, larger middle-market companies, nonprofit organizations, public sector entities, and underwriting enterprises, such as insurance carriers and captives.”

Annual report 2025A · The company itself

Aspo OyjSector unknown

Market · strengthens · strength 2/3

“A significant number of ESL Shipping’s customers operate in energy production and industry, especially in the metal and forest industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Telko’s customer groups can be divided into industrial customers and buyers of lubricants. Industrial customer relationships consist of several subgroups, including industrial subcontractors and the end-product manufacturing industry.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The operating segments have been identified based on Aspo Group’s organizational structure, in which each business is led separately. • ESL Shipping conducts sea transportation of raw materials for industry and the energy sector and offers related services. • Telko acquires and supplies plastic raw materials, chemicals and lubricants to industry.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Its extensive customer service also covers technical support and the development of production processes.”

Annual report 2025A · The company itself

AT&TSector unknown

Market · strengthens · strength 2/3

“Our licensing, compliance and advocacy initiatives in foreign countries primarily enable the provision of enterprise (i.e., large business) services globally and wireless services in Mexico.”

Annual report 2025A · The company itself

ATEA ASASector unknown

Market · strengthens · strength 2/3

“Pollution prevention and control – activities CE 5.2, CE 5.4 As a reseller of used IT equipment, this segment of the Company’s operations adheres to many of the restrictions outlined in the regulation (Appendix C).”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Atea is the leading provider of IT infrastructure and related services for businesses and public-sector organizations in the Nordic and Baltic regions.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Atea’s core business model focuses on providing IT infrastructure and services to customers in both the private and public sector. Robust data security practices are essential to our service delivery and overall business strategy.”

Annual report 2024A · The company itself

ATLANTIC SAPPHIRE ASASector unknown

Strategy · strengthens · strength 2/3

“In contrast to the US Phase 1 construction project, the Group now has the appropriate staffing level for a large-scale project, and has strategically selected a design and engineering partner with proven experience on water facilities. The Group is planning to strengthen the organization with construction execution and management resources to further improve the execution of phase 2 construction.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Construction The Group strategically partnered with Hazen & Sawyer, an engineering company with extensive and proven experience in designing large scale US wastewater projects, as our US Phase 2 construction design consultants, in cooperation with proven suppliers of fish farming related components and solutions.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“THE YEAR IN REVIEW – BUSINESS AREAS Atlas Copco Group offers customers innovative compressed air and gas solutions, air treatment systems, vacuum solutions, industrial power tools and assembly systems, machine vision, and power and flow solutions.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Principal product development and manu facturing units are located in: Belgium, Germany, Spain, the United States, China, and India. the year, including: CPS 1600-150, a new portable compressor, primarily for the North American market, with a compact, lightweight, and robust design, offers high fuel efficiency compared to similar products.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“A new diaphragm process pump was introduced, the LEWA triplex G3E, specially designed for high-pressure applications and requires 30% less space requirements than comparable products.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Middle East, 1% Europe, 15% Africa/ South Process industry, 28% Automotive, 2% Process industry, 25% Compressor Technique The Compressor Technique business area provides compressed air and gas solutions such as industrial compressors, gas and process compressors and expanders, air and gas treatment equipment, air management systems, and service through a global network.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Share of revenues, Group Orders received by customer category, Group Service, 43% Equipment, 57% Service (Specialty Rental), 28% Industrial Technique The Industrial Technique business area provides industrial power tools, assembly and machine vision solutions, quality assurance products, and service through a global network.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“The company designs, produces, sells and services specialized high-pressure oil-free compressors and boosters for a variety of industries. Hycomp has extensive know-how in high-pressure oil-free compressors, and the acquired technology complements Atlas Copco´s existing technologies, allowing Atlas Copco to extend its current product range.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“The business areas are all relatively diversified and have similar geographical coverage, similar organization and structure and, to a large extent, an industrial customer base.”

Annual report 2024A · The company itself

Atmos EnergySector unknown

Market · strengthens · strength 2/3

“We safely deliver reliable, efficient, and abundant natural gas through regulated sales and transportation arrangements to approximately 3.4 million residential, commercial, public authority, and industrial customers in eight states located primarily in the South.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“APT provides transportation and storage services to our Mid-Tex Division, other third-party local distribution companies, industrial, and electric generation customers, as well as marketers and producers. Over 80 percent of this segment's revenues are derived from these APT services.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Through our distribution business, we deliver natural gas through sales and transportation arrangements to approximately 3.4 million residential, commercial, public-authority, and industrial customers through our six regulated distribution divisions in the service areas described below: Division Service Area Atmos Energy Colorado-Kansas Division Colorado, Kansas Atmos Energy Kentucky/Mid-States Division Kentucky, Tennessee, Virginia Atmos Energy Louisiana Division Louisiana Atmos Energy Mid-Tex Division Texas, including the Dallas/Fort Worth metropolitan area Atmos Energy Mississippi Division Mississippi Atmos Energy West Texas Division West Texas In addition, we transport natural gas for others through our distribution system.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“APT provides transportation and storage services to our Mid-Tex Division, other third party local distribution companies, and certain industrial customers under tariff rates approved by the RRC. APT also provides certain transportation and storage services to industrial and electric generation customers, as well as marketers and producers, under negotiated rates.”

Annual report 2025A · The company itself

AutodeskSector unknown

Market · strengthens · strength 2/3

“Our product development and manufacturing software provides manufacturers in automotive, transportation, industrial machinery, consumer products, and building product industries with comprehensive digital design, engineering, manufacturing, and production solutions.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“EXECUTIVE OVERVIEW As a global leader in HR and payroll solutions, ADP continuously aims to solve complex business challenges for our clients and their workers. Our Human Capital Management ("HCM") solutions, which include both software and outsourcing services, are designed to help our clients manage their workforce through a dynamic business and regulatory landscape and the changing world of work. We see tremendous opportunity ahead as we focus on our three key Strategic Priorities: Leading with Best-in-Class HCM technology, Providing Unmatched Expertise and Outsourcing Solutions, and Leveraging our Global Scale for the Benefit of our Clients.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“During the year, we experienced strong enterprise sales momentum for ADP Lyric HCM and the ADP WorkForce Suite, as our unified global payroll, global HR, and global time solutions continued to resonate with clients.”

Annual report 2026A · The company itself

AutoZoneSector unknown

Market · strengthens · strength 2/3

“At August 30, 2025, in 6,098 of our domestic stores as well as the vast majority of our stores in Mexico and Brazil, we had a commercial sales program that provides prompt delivery of parts and other products and commercial credit to local, regional and national repair garages, dealers, service stations, fleet owners and other accounts.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Commercial Our commercial sales program operates in a highly fragmented market, and we are a leading distributor of automotive parts and other products to local, regional and national repair garages, dealers, service stations, fleet owners and other accounts in the Americas. As part of our program, we offer prompt delivery to our customers and commercial credit, as well as online ordering through www.autozonepro.com or through the AutoZone Pro mobile application.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“If we cannot profitably increase our market share in the commercial auto parts business, our sales growth may be limited.”

Annual report 2025A · The company itself

Avery DennisonSector unknown

Strategy · strengthens · strength 2/3

“Growing the proportion of our portfolio in high-value categories that serve markets that are growing faster than gross domestic product, represent large pools of potential profit and leverage our core capabilities is an important part of our long-term growth strategy. High-value products and solutions include our specialty and durable label materials, graphics and reflective solutions, industrial and medical tapes, and trade and specialty adhesives; intelligent labels that use RFID tags and inlays; shelf-edge pricing, productivity and consumer engagement solutions; and external embellishments.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“These materials and converted products are used in non-mechanical fastening, bonding and sealing systems for various automotive, electronics, building and construction, general industrial, personal care, and medical applications.”

Annual report 2025A · The company itself

Axon EnterpriseSector unknown

Strategy · strengthens · strength 2/3

“Resources Manufacturing and Supply Chain We perform manufacturing, final assembly and final test operations at our facilities in Arizona and own substantially all of the equipment required to develop, prototype, manufacture and assemble our finished products.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“B3 stöttar industrin med att dels automatisera tillverkningen för större flexibilitet, högre kvalitet och kortare ledtider, dels införa datadriven kunddialog.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“B3 är sedan många år särskilt starka inom branscher som bank och försäkring, industri, myndigheter och e-hälsa.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Bolaget etablerar en specialistgrupp av seniora konsulter med fokus på databaser, IT-arkitektur och systemutveckling. Antalet kunder växer snabbt och kontor öppnas även i Sundsvall.”

Annual report 2024A · The company itself

Bactiguard Holding ABSector unknown

Strategy · strengthens · strength 2/3

“Med vår licensfokuserade strategi strävar vi efter att vara den främsta partnern för ledande MedTech-företag genom att tillföra expertis och lösningar för att utveckla deras medicintekniska produkter. Att kontinuerligt stärka våra kärnkompetenser kommer att vara fortsatt avgörande för att fördjupa samarbeten och är en av våra högsta prioriteringar även framåt.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Vi kommer dock att addera transparens kring applikationsutveckling inom de fem strategiska terapeutiska områdena Ortopedi, Kardiologi, Neurologi, Urologi och Vaskulär åtkomst.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Bactiguard bedriver sin verksamhet genom licenspartnerskap med ledande globala medtech-företag som applicerar teknologin på sina medicintekniska produkter.”

Annual report 2024A · The company itself

Baker HughesSector unknown

Market · strengthens · strength 2/3

“OUR VISION & STRATEGY With our diverse portfolio, leading technology and clear purpose to make energy safer, cleaner and more efficient, Baker Hughes is well positioned to deliver solutions across industrial and energy markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our products, services, and expertise serve the upstream, midstream/LNG and downstream sectors of the oil and gas industry, new energy markets, power & utilities sector as well as broader chemical and industrial segments across a variety of verticals.”

Annual report 2025A · The company itself

Bavarian NordicVaccine development

Strategy · strengthens · strength 2/3

“The acquisition from Emergent BioSolutions brought us not only two new commercial-stage products in the portfolio, but also a manufacturing site and a latestage clinical asset.”

Annual report 2025A · The company itself

Beijer Alma ABSector unknown

Market · strengthens · strength 2/3

“Verksamheten inriktas på komponenttillverkning, industrihandel och nischteknologier. Kundbasen är väldiversifierad med företag i sektorer som verkstad, fordon, medicinteknik och infrastruktur.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Strategi för lönsam tillväxt Vägen till värdeskapande förvärv De här fem kriterierna är vägledande när Beijer Alma gör förvärv: ■ Inriktning: Verksamheter som arbetar business-to-business, främst inom tillverkning och montering.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Företaget är en ledande teknikgrossist som även tillverkar pneumatik, industriventiler och kompressorer. Via teknisk kompetens och tillverkningskunnande skräddarsyr bolaget produkter efter kundernas olika behov.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Not 3 Nettoomsättning Inom Lesjöfors tillverkas produkter som säljs medan Beijer Tech både tillverkar och köper in och säljer produkter. Inom Beijer Techs verksamheter förekommer även försäljning av service. Intäkten redovisas när kontrollen för varan övergår till kunden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Totalt avfall 6 742 6 131 Sortering av avfall Förberedelse för återanvändning 53 - Materialåtervinning 5 429 - Förbränning med energiåtervinning 528 - Avfall till deponi Förbränning utan energiåtervinning 104 - Deponering 561 - Andra avfallshanteringsmetoder 67 - Nyckeltal Återvinning som material eller energi (%) 89% 86% Återvinning som material eller energi (ton) 6 010 5 273 EKODESIGN STÄRKER ERBJUDANDET I Lesjöfors produktutveckling får ekodesign allt större betydelse. Med det menas att hållbarhetsprinciper integreras från start i utvecklingsarbetet. Målet är produkter som ger lägsta möjliga miljöpåverkan under hela livscykeln, exempelvis gällande koldioxidavtryck.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Företaget levererar främst tryckfjädrar till kunder inom hydraulik- och generell industri.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Tillverkningen är decentraliserad med fabriker i 18 länder. Kunder i de flesta industrisektorer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna är bland annat företag inom ytbehandling, gjuterier, stål- och smältverk samt i verkstadssektorn.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna är tillverkare (OEM), återförsäljare, myndigheter, räddningstjänster samt företag inom tillverkning, drift och underhåll.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Genom förvärvet stärker Lesjöfors sitt erbjudande inom framför allt fjädrar för tätningar. Clifford Springs levererar främst fjädrar till tätnings- och ventilindustrin i UK, Europa och USA.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Clemco är en helhetsleverantör inom förbehandling och efterbehandling av korrosionsskydd. Produktutbudet består till stora delar av blästring- och spraymålningsutrustning samt tillhörande artiklar, service och underhåll.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Ets Lacroix SAS Den 1 oktober 2024 förvärvade Lesjöfors AB samtliga aktier i Ets Lacroix SAS, en fransk fjädertillverkare som främst levererar tryckfjädrar till kunder inom hydraulik- och generell industri. Bolaget omsätter cirka 6,5 MEUR per år och har 46 anställda vid sin fabrik i Meung-sur-Loire i centrala Frankrike.”

Annual report 2024A · The company itself

Beijer Ref AB (publ)Sector unknown

Strategy · strengthens · strength 2/3

“Beijer Refs affärsmodell går ut på att förhandla fram koncernövergripande inköpsavtal för lösningar inom kyla, värme och luftkonditionering från ledande leverantörer och varumärken. Det mervärde som Beijer Ref tillför i värdekedjan från tillverkare till kund är inköp, lagerhållning, distribution, teknisk support och kundanpassning genom design och tillverkning.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Dotterbolaget SCM Frigo är specialiserade på utveckling av kylaggregat. Utöver produktionen vid fabriken i Italien fungerar SCM Frigo som ett kunskapscenter för Beijer Refs produktionsenheter i Sverige, Nederländerna, Thailand, Australien, Kina och Sydafrika.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Beijer Ref är därmed den enda kylgrossisten i världen som har global tillverkning av grön kylteknik.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Luftkonditionering (HVAC) omsatte 20 719 MSEK (18 423) och stod för 58 procent (57) av omsättningen.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Inom såväl kylsegmentet som HVAC är marknaden fragmenterad med flera framträdande tillverkare som i huvudsak säljer sina produkter via distributörer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Beijer Ref koncernen är en av världens största kylgrossister fokuserade på handels- och distributionsverksamhet inom kommersiell och industriell kyla samt luftkonditionering. Produktprogrammet utgörs huvudsakligen av produkter från ledande internationella tillverkare och därtill tillverkning av egna produkter kombinerat med service och support på produkterna.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Konkurrens med befintliga kunder I takt med att Beijer Ref levererar fler och fler system är installation oftast inkluderad, vilket kan konkurrera med befintliga kunder. Risken motverkas av att utbilda och erbjuda service som kunderna tar ansvar för.”

Annual report 2024A · The company itself

Berkshire HathawaySector unknown

Market · strengthens · strength 2/3

“Berkshire’s industrial products businesses manufacture and distribute components for aerospace and power generation applications, specialty chemicals, metal cutting tools and a variety of other products primarily for industrial use.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“(“PCC”), based in Lake Oswego, Oregon, manufactures complex metal components and products and provides high-quality investment castings, forgings, fasteners/fastener systems and aerostructures for critical aerospace and power and energy applications. PCC also manufactures (1) investment castings and forgings for general industrial, armament, medical and other applications; (2) nickel, titanium and cobalt alloys in all standard mill forms, including specialty alloys used to produce investment castings and forgings for the aerospace, chemical processing, oil and gas, pollution control and other industries; (3) fasteners and engineered products for automotive and general industrial markets; and (4) other products and services for various markets and applications.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“PCC is also a leading developer and manufacturer of highly engineered fasteners, fastener systems, aerostructures and precision components, primarily for critical aerospace applications. These products are produced for the aerospace and power and energy markets, as well as for construction, automotive, heavy truck, farm machinery, mining and construction equipment, shipbuilding, machine tools, appliances and recreation markets.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“Lubrizol The Lubrizol Corporation (“Lubrizol”), headquartered in Wickliffe, Ohio, is a specialty chemical and performance materials company that manufactures products and supplies technologies for the global transportation, industrial and consumer markets. Lubrizol operates two business segments: Lubrizol Additives, which produces engine lubricant additives, driveline lubricant additives and industrial specialties products; and Lubrizol Advanced Materials, which includes engineered materials (engineered polymers and performance coatings) and life sciences (beauty, personal care, health and home care solutions).”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“IMC International Metalworking Companies IMC International Metalworking Companies and its subsidiaries (“IMC”) is one of the three largest multinational manufacturers of consumable precision carbide metal cutting tools for applications in a broad range of industrial end markets. IMC’s primary brand names include ISCAR®, TaeguTec®, Ingersoll®, Tungaloy® and NTK®.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“The Industrial Products group supplies construction fasteners; masonry and stone anchoring systems used in commercial construction; two component polymer products for anchoring, bonding and repair applications, gloves and other protective wear; gear drives, gearboxes, fan and pump drives for various markets; wind machines for agricultural use; wheels, axles and gears for rail, mining and other applications; lighting products for industrial and mining; equipment for the manufacture and assembly of lead acid batteries; the manufacturing and installation of after life service products; assembly of air compressor systems used within the medical and industrial markets; manufacturing and assembly of various awning solutions for use in residential and motor homes; development and licensing of educational software and literature; and financial service offerings across multiple verticals.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“PacifiCorp is a regulated electric utility company headquartered in Oregon, serving electric customers in portions of Utah, Oregon, Wyoming, Washington, Idaho and California. The combined service territory’s diverse regional economy ranges from rural, agricultural and mining areas to urban, manufacturing and government service centers. No single segment of the economy dominates the combined service territory, which helps mitigate PacifiCorp’s exposure to economic fluctuations.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“MEC is a regulated electric and natural gas utility company headquartered in Iowa, serving electric and natural gas customers primarily in Iowa and also in portions of Illinois, South Dakota and Nebraska. MEC’s diverse retail customer base operates in the electronic data storage, agricultural, manufacturing and government service centers industries.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“The combined Nevada Power/Sierra Pacific service territory economy includes retail customers in the gaming, mining, recreation, warehousing, manufacturing and governmental service centers sectors.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“Kern River transports natural gas for electric and natural gas distribution utilities, major oil and natural gas companies or affiliates of such companies, electric generating companies, energy marketing and trading companies, and financial institutions.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“Lubrizol’s customers principally consist of major global and regional oil companies and industrial and consumer products companies.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“IMC’s customer base is very diverse, with its primary customers being large, multinational businesses in the automotive, aerospace, engineering and machinery industries.”

Annual report unknown yearA · The company itself

Berner Industrier ABSector unknown

Market · strengthens · strength 2/3

“Bolagen inom affärsområdet Teknik & Distribution hjälper kunder inom både industri och offentlig sektor att minska resursåtgång, förbättra omgivningens miljö eller på andra sätt förbättra sin egen verksamhet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Exponering mot starka och växande marknader medhållbarhet som grund Med vår diversifierade verksamhet och exponering mot flera samhällsviktiga sektorer såsom vattenbehandling, energiproduktion och hållbar industri rör sig våra verksamheter ihjärtat av de starka, under - liggande samhälls trenderna, och ger oss möjlighet att till viss del parera fluktuationer imarknaderna.”

Annual report 2024A · The company itself

Best BuySector unknown

Market · strengthens · strength 2/3

“The key components of each revenue category are as follows: •Computing and Mobile Phones - computing (including desktops, notebooks and peripherals), mobile phones (including related mobile network carrier commissions), networking, tablets (including e-readers) and wearables (including smartwatches); •Consumer Electronics - digital imaging, health and fitness products, home theater (including home theater accessories, soundbars and televisions), portable audio (including headphones and portable speakers) and smart home; •Appliances - large appliances (including dishwashers, laundry, ovens and refrigerators) and small appliances (including blenders, coffee makers, vacuums and personal care); •Entertainment - drones, gaming (including hardware, peripherals and software, as well as augmented reality glasses), toys, virtual reality and other software; •Services - advertising, delivery, health-related services, installation, marketplace commissions, memberships, repair, set-up, technical support, warranty-related services; and •Other - other product offerings, including baby, food and beverage and outdoor living.”

Annual report 2026A · The company itself

Betsson ABSector unknown

Market · strengthens · strength 2/3

“Sportboken finns tillgänglig både direkt till spelare via egna varumärken (B2C) samt som ett B2B-erbjudande för andra operatörer.”

Annual report 2024A · The company itself

BEVEST ASASector unknown

Market · strengthens · strength 2/3

“Since our inception in 2020, KMC Properties has had a clear strategy and vision of becoming the preferred real estate partner for logistics and industrial companies, proven resilient in changing macroeconomic conditions.”

Annual report 2023A · The company itself

Market · strengthens · strength 2/3

“■ The listed industrial owner company Scana ASA accounts for 8 per cent of NOI in 2023, through its subsidiary PSW Technology. Scana is an industrial owner company in the ocean industries creating value through active ownership in market-leading portfolio companies.”

Annual report 2023A · The company itself

Market · strengthens · strength 2/3

“The company invests primarily in logistics and industrial properties due to high returns, long lease agreements and stable occupancy rates in the commercial property segment.”

Annual report 2023A · The company itself

Bio-TechneSector unknown

Market · strengthens · strength 2/3

“Our Protein Sciences segment products are sold primarily to research scientists at pharmaceutical and biotechnology companies and at university and government research institutions.”

Annual report unknown yearA · The company itself

BlackRockSector unknown

Market · strengthens · strength 2/3

“Multi-Asset BlackRock manages a variety of multi-asset funds and bespoke mandates for a diversified client base that leverages the Company's broad investment expertise in global equities, bonds, and private markets, and the Company's extensive risk management capabilities. Investment solutions may include a combination of long-only portfolios and private markets investments as well as tactical asset allocation overlays.”

Annual report 2025A · The company itself

Blackstone Inc.Sector unknown

Market · strengthens · strength 2/3

“Private Equity Our Private Equity segment encompasses global businesses with a total of approximately 720 employees managing $416.4 billion of Total Assets Under Management as of December 31, 2025.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“o Realizations were driven by $13.8 billion from Corporate Private Equity, $9.9 billion from Secondaries and $5.3 billion from Tactical Opportunities. o Outflows were driven by $4.5 billion from Secondaries, $2.6 billion from Corporate Private Equity and $1.1 billion from Infrastructure. • In our Credit & Insurance segment, an increase of $67.4 billion from $375.5 billion at December 31, 2024 to $443.0 billion at December 31, 2025. The net increase was due to inflows of $132.1 billion and market appreciation of $18.1 billion, offset by realizations of $62.4 billion and outflows of $20.4 billion. o Inflows were driven by $62.1 billion from private corporate credit, $36.0 billion from infrastructure and asset based credit and $22.4 billion from liquid corporate credit.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In Corporate Private Equity, our operating companies exhibited solid revenue growth and resilient margins.”

Annual report 2025A · The company itself

Block, Inc.Sector unknown

Market · strengthens · strength 2/3

“We have also increasingly served mid-market sellers, which we define as sellers that generate more than $500,000 in annualized Square Gross Payment Volume (“Square GPV”), due to our ability to offer more flexible and complex solutions than traditional alternatives, as well as a growing product suite.”

Annual report 2025A · The company itself

BOLIDEN ABSector unknown

Driver · weakens · strength 2/3

“Detta berodde på lägre metallpremier och raffineringslön samt en minskad volym av fria metaller.”

Annual report 2024A · The company itself

Boozt ABSector unknown

Market · strengthens · strength 2/3

“Kundfordringar utgörs av ”Business-to-Business” försäljning av marknadsföringstjänster, samt försäljning av varor från egna varumärken till återförsäljare via dotterbolaget Rosemunde.”

Annual report 2024A · The company itself

Boreo OyjSector unknown

Market · strengthens · strength 2/3

“Tekninen kauppa -liiketoiminta-alue koostuu teknistä kauppaa harjoittavista ja teollisuuden palveluita tarjoavista liiketoiminnoista. Sen yhtiöt toimivat tunnettujen päämiesten edustajina ja palvelevat muun muassa konepaja-, rakennus-, prosessi-, metsäja betoniteollisuutta Suomessa, Ruotsissa ja Virossa.”

Annual report 2024A · The company itself

BORGESTAD ASASector unknown

Market · strengthens · strength 2/3

“Key operations include the Agora Bytom shopping centre in Poland, serving a broad consumer base, and Höganäs Borgestad, offering refractory products and services critical for high-temperature industrial processes across the Nordic countries.”

Annual report 2024A · The company itself

BORREGAARD ASASector unknown

Market · strengthens · strength 2/3

“BioMaterials develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. BioMaterials also includes cellulose fibrils for industrial applications.”

Annual report 2024A · The company itself

BOULE DIAGNOSTICS ABSector unknown

Market · strengthens · strength 2/3

“10 % Övrigt Försäljning per region, MSEK OEM-förbrukningsvaror En viktig del av verksamheten är också utvecklingen och tillverkningen av reagenser, kontroller och kalibratorer, som säljs genom ”white label”-försäljning till OEM-kunder som marknadsför och säljer förbrukningsvarorna under sitt eget varumärke. Försäljning till OEM-kunder sker via det helägda dotterbolaget Clinical Diagnostic Solutions, Inc. i USA.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Långsiktiga avtal och samarbeten finns på plats med flera multinationella IVD-företag samt med växande start-ups som introducerar nyskapande produkter, och den OEM-relaterade omsättningen fortsatte att växa under 2024, vilket speglar ett betydande intresse och hög framtida potential.”

Annual report 2024A · The company itself

BOUVET ASASector unknown

Market · strengthens · strength 2/3

“Omsetning per sektor Helse og sosial 1,4 % Industri 3,7 % Info og kommunikasjon 2,1 % Kraftforsyning 20,4 % Off. adm. og forsvar 17,8 % Olje, gass og fornybart 40,5 % Tjenesteyting 6,0 % Transport 4,3 % Varehandel 2,5 % Andre 1,2 % Intro | Våre nøkkeltall Intro | Våre nøkkeltall 5 5 Om Bouvet I dagens samfunn er digitalisering en avgjørende faktor for virksomheters leveranseevne og konkurransekraft.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Olavstoppen leverer designdrevet digital produktutvikling til kunder som Equinor, AkerBP og Lyse i tett samarbeid med Bouvet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Oversikten viser sektorene som utgjør den største andelen av omsetningen i konsernet Sektor Jan-Des 2024 Kraftforsyning 20,4 % Helse og sosial 1,4 % Industri 3,7 % Informasjon og kommunikasjon 2,1 % Off. adm. og forsvar 17,8 % Olje, gass og fornybart 40,5 % Tjenesteyting 6,0 % Transport 4,3 % Varehandel Konsernets kunder har store komplekse og gjensidig avhengige behov innen digitalisering og bærekraft.”

Annual report 2024A · The company itself

Bravida Holding ABSector unknown

Market · strengthens · strength 2/3

“Energieffektiv industriteknik Bravida erbjuder tekniklösningar för industrier, inklusive installation, drift och energieffektivisering.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Flerbostadshus 10 % Industri 23 % Kontor 11 % Sjukvård och omsorg 9 % Utbildning 6 % Infrastruktur 13 % Övrigt 28 % Diversifierad kundbas 84 000 kunder Ingen kund stod för mer än 3% av den totala försäljningen Kundgrupper ■ Byggbolag 26% ■ Övrigt näringsliv 26% ■ Offentliga 20% ■ Industri 16% ■ Fastighetsbolag 12% ■ >100 MSEK 15% ■ 50–100 MSEK 7% ■ 10–50 MSEK 19% ■ 0–10 MSEK 59% Omsättning efter orderstorlek uppgick den totala försäljningen på marknaden till cirka 319 (353) miljarder kronor, varav 239 (273) miljarder installation och 80 (80) miljarder service.”

Annual report 2024A · The company itself

BRD. KLEE A/SIndustrials

Market · strengthens · strength 2/3

“Klee-koncernens kernekompetencer er at levere tekniske komponenter og transmissionsprodukter ꢀl maskinbyggere og produkꢀonsvirksomheder. Koncernen sælger direkte ꢀl større kunder og kundegrupper samt igennem et netværk af lokale distributører for at dække de øvrige markeder.”

Annual report 2025A · The company itself

BroadcomSector unknown

Market · strengthens · strength 2/3

“We have historically depended on a small number of end customers, OEMs, their respective contract manufacturers (“CMs”) and certain distributors for a majority of our business and revenue. For fiscal year 2025, sales to distributors accounted for 48% of our net revenue. We believe aggregate sales, through all channels, to our top five end customers accounted for approximately 40% of our net revenue for fiscal year 2025.”

Annual report 2025A · The company itself

Brown & BrownSector unknown

Market · strengthens · strength 2/3

“The Retail segment provides a broad range of insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers, as well as non-insurance warranty services and products through our automobile and recreational vehicle dealer services ("F&I") businesses.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Approximately 77% of the Retail segment’s commissions and fees revenue is commission based.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Arrowhead Programs manages a diverse portfolio of professional liability, personal lines, commercial lines, public entity and specialty programs supported by over 100 well-capitalized insurance carriers. In most cases, the insurance carriers that support these programs have delegated underwriting and, in many instances, claims-handling authority These programs are generally distributed through a global network of independent agents and brokers, including Brown & Brown retail agents, and offer targeted products and services designed for businesses, individuals, specific industries, trade groups, professions, public entities, municipalities, and niche markets.”

Annual report 2025A · The company itself

BTS Group ABSector unknown

Market · strengthens · strength 2/3

“BTS kunder är verksamma huvudsakligen inom nio branscher: IT, finansiella tjänster, tillverkande industri, professional services, läkemedel & bioteknik, dagligvarubranschen (så kallade Fast-Moving Consumer Goods – FMCG), energi, telekom samt handel & distribution.”

Annual report 2024A · The company itself

C-Rad ABSector unknown

Strategy · strengthens · strength 2/3

“Vår verksamhet har utvecklats genom nära samarbeten med industriella partners och C-RAD erbjuder en överlägsen integration med alla större leverantörer av linjäracceleratorer, proton och CT.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Vårt utvecklingssamarbete med Accuray exemplifierar hur vi genom partnerskap kan driva teknologiutveckling framåt, särskilt inom lösningar för Deep Inspiration Breath Hold (DIBH) där vår VitalHoldTM-lösning ger nya möjligheter inom bröstcancerbehandling.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“C-RAD använder olika försäljningskanaler där vi för att nå kunder och intressenter, arbetar med samarbetspartners, egna säljkontor på vissa strategiskt viktiga marknader, och lokalt förankrade distributörer.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“C-RAD ingår ett samarbetsavtal med Accuray i syfte att utveckla en lösning, blivande VitalHold, bestående av C-RADs SGRT-system Catalyst+ HD och Accurays strålkanon Radixact.”

Annual report 2024A · The company itself

C.H. RobinsonSector unknown

Market · strengthens · strength 2/3

“During 2025, we served 75,000 customers worldwide, ranging from Fortune 100 companies to small businesses in a wide variety of industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Core EDA Our Core EDA products and solutions are essential in the design and verification of semiconductor chips, including analog, digital, mixed-signal, memory, radio-frequency (“RF”), and silicon photonics, and are widely used across multiple industries including automotive, aerospace and defense, consumer electronics, data centers, industrial, medical, and mobile.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our engineering services business holds licenses to certain software and other IP owned by third parties, including that of our competitors.”

Annual report 2025A · The company itself

Caterpillar Inc.Sector unknown

Market · strengthens · strength 2/3

“Overview With 2025 sales and revenues of $67.589 billion, Caterpillar Inc. is shaping the future as the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Nel acquires H2 Logic Second Generation 700 bar H2Station TM First office opens in California Factory opens in Herning, Denmark First UL Certified Fueling Station in US About us Cavendish Hydrogen ASA is a leading hydrogen fueling company that specializes in the development, production, marketing, sales, installation, commissioning and service of equipment for fueling hydrogen to on-road vehicles.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“The focus continues to be hydrogen fueling solutions for mobility, evolving with the market from light-duty solutions to high-capacity fueling systems for trucks, buses, and longhaul transport.”

Annual report 2024A · The company itself

CBRE GroupSector unknown

Market · strengthens · strength 2/3

“Advisory Services Advisory Services provides a comprehensive range of services globally, including leasing, capital markets (property sales and mortgage origination), loan servicing, and valuation. With a global network of experts that have a deep understanding of their local markets, we offer comprehensive insights and solutions across a wide range of assets, including offices, industrial and logistics, retail, multi-family and critical facilities, such as data centers, laboratories, and government facilities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our enterprise facilities management business typically serves large global corporations, including many of the Fortune 500, through multi-year contracts, while our local facilities management business meets the needs of smaller occupiers with more regional portfolios.”

Annual report 2025A · The company itself

CDW CorporationSector unknown

Market · strengthens · strength 2/3

“Revenue Recognition The Company is a primary distribution channel for a large group of vendors and suppliers, including original equipment manufacturers (“OEMs”), software publishers, cloud providers, and wholesale distributors. The Company may sell hardware, software, and services on standalone basis or as a bundled solution arrangement. For additional information on the disaggregation of Net sales by major category, see Note 17 (Segment Information).”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The organizational structure of the Company’s segments is determined based on how the chief operating decision maker (“CODM”), who is the Chief Executive Officer, evaluates performance, allocates resources, and manages operations, which is primarily based on customer base. Specifically, the “Corporate” reportable segment is primarily comprised of private sector business customers with more than 250 employees in the US, the “Small Business” reportable segment is primarily comprised of private sector business customers with up to 250 employees in the US, and the “Public” reportable segment is comprised of government agencies and education and healthcare institutions in the US.”

Annual report 2025A · The company itself

Centene CorporationSector unknown

Market · strengthens · strength 2/3

“If we are unable to maintain relationships with our provider networks and timely update our provider directories, our profitability may be materially adversely affected. Our profitability depends, in large part, upon our ability to contract at competitive prices with hospitals, physicians, and other healthcare providers.”

Annual report 2025A · The company itself

CenterPoint EnergySector unknown

Market · strengthens · strength 2/3

“Customers The table below reflects the number of CenterPoint Energy’s and CERC’s natural gas distribution business customers by state as of December 31, 2025: Residential Commercial/ Industrial/Transportation Total Customers Indiana (Indiana Gas) 613,299 55,996 669,295 Minnesota 865,667 73,063 938,730 Ohio 312,131 24,711 336,842 Texas 1,843,325 124,730 1,968,055 Total CERC Natural Gas 3,634,422 278,500 3,912,922 Indiana (SIGECO) 105,497 10,666 116,163 Total CenterPoint Energy Natural Gas 3,739,919 289,166 4,029,085 The largest metropolitan areas served in each state were Houston, Texas; Minneapolis, Minnesota; Evansville, Indiana; and Dayton, Ohio.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Houston Electric’s distribution rates charged to REPs for residential and small commercial customers are primarily based on amounts of energy delivered, whereas distribution rates for a majority of large commercial and industrial customers are primarily based on peak demand.”

Annual report 2025A · The company itself

CF IndustriesSector unknown

Market · strengthens · strength 2/3

“Products derived from ammonia that are sold primarily to industrial customers include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our client base includes major global pharmaceutical companies, many biotechnology companies; agricultural and industrial chemical, life science, veterinary medicine, medical device, diagnostic and consumer product companies; contract research and contract manufacturing organizations; and other commercial entities, as well as leading hospitals, academic institutions, and government agencies around the world.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our DSA segment provides services that enable our clients to outsource their innovative drug discovery research, their related non-clinical and clinical bioanalytical activities, and regulatory-required safety testing of potential new drugs, vaccines, industrial and agricultural chemicals, consumer products, veterinary medicines and medical devices.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We offer a full range of safety assessment studies required for regulatory submission on a global basis across all therapeutic areas in the pharmaceutical, biotechnology, industrial chemical, agrochemicals, consumer products, veterinary medicines and medical devices industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Clients Our clients consist primarily of major biopharmaceutical companies; many small, emerging, and established biotechnology, agricultural and industrial chemical, life science, veterinary medicine, medical device, diagnostic and consumer product companies; contract research and contract manufacturing organizations; and other commercial entities, as well as leading hospitals, academic institutions, government agencies, and non-governmental organizations.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our strategy is to deliver a comprehensive and integrated portfolio of drug discovery and non-clinical development products, services and solutions to support our clients’ discovery, preclinical, early clinical and early stage scale up and early stage manufacturing efforts, and enable them to bring new and improved therapies to market faster and more cost effectively.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Within the Manufacturing segment, the Microbial Solutions business saw robust growth benefitting from strong demand across the comprehensive manufacturing quality-control testing portfolio, including Accugenix® microbial identification services, led by increased AxxessTM instrument placements; share gains for our Endosafe® endotoxin testing platform; and higher sales of Celsis® microbial detection products.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Commercial Services We offer scalable broadband communications solutions for businesses and carrier organizations of all sizes, selling Internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment services and business telephone services.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Mid-Market & Large Business Spectrum Business for mid-market & large businesses offers tailored connectivity, communications and managed service solutions over a high-capacity last-mile network with speeds up to 100 Gbps to large businesses and government entities (local, state and federal), in addition to wholesale services to mobile and wireline carriers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Commercial Services We face intense competition across each of our business services product offerings. Our small business Internet, mobile, video and voice services face competition from a variety of providers as described above. Our mid-market & large business solutions face competition from the competitors described above as well as cloud-based application-service providers, managed service providers and other telecommunications carriers, such as metro and regional fiber-based carriers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Mid-market & large business revenues increased $91 million during the year ended December 31, 2025 as compared to the corresponding period in 2024 primarily due to an increase in Internet PSUs. Mid-market & large business PSUs increased by 17,000 in 2025 compared to 2024.”

Annual report 2025A · The company itself

CHEMOMETEC A/SMedical devices

Market · strengthens · strength 2/3

“Stort set alle kunder på top-50 inden for vores vigtig- Ledelsens beretningꢀ|ꢀVores markeder Årsrapport 2024/25ꢀ|ꢀChemoMetec 15 Vores markeder Øvrige, herunder produktionsvirksomheder ChemoMetecs analyseudstyr anvendes til celletælling og -analyse inden for mange forskellige områder – både i privat og offentligt regi og på tværs af virksomheders værdikæder fra forskning til produktion. • Produktions- og kvalitetskontrol af dyresæd, øl og mælk Markedet for celletælling – ChemoMetecs tilstedeværelse og anvendelsen af ChemoMetecs produkter* De vigtigste markedsområder for ChemoMetec er celleog genterapi samt bioprocessing.”

Annual report 2025A · The company itself

Chevron CorporationSector unknown

Driver · weakens · strength 2/3

“In the upstream business, Chevron competes with fully integrated, major global petroleum companies, as well as independent and national petroleum companies, for the acquisition of crude oil and natural gas leases and other properties and for the equipment and labor required to develop and operate those properties.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“GSC manufactures aromatics, including benzene, toluene and xylene. These base chemicals are used to produce a range of products, including adhesives, plastics and textile fibers.”

Annual report 2025A · The company itself

Chubb LimitedSector unknown

Market · strengthens · strength 2/3

“•The North America Commercial P&C Insurance segment comprises operations that provide P&C and A&H insurance and services to large, middle market, and small commercial businesses in the U.S., Canada, and Bermuda. This segment includes our retail divisions: Major Accounts; Commercial Insurance, including Small & Lower Midmarket; Chubb Bermuda, our high excess business; and Westchester, our wholesale and specialty division. These divisions write a variety of coverages, including property, casualty, workers’ compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, excess casualty, and A&H insurance. •The North America Personal P&C Insurance segment comprises the business written by Chubb Personal Risk Services division, which includes high net worth personal lines business, with operations in the U.S. and Canada.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We provide commercial insurance products and service offerings such as risk management programs, loss control, and engineering and complex claims management. We provide specialized insurance products ranging from Directors & Officers (D&O) and financial lines to various specialty-casualty and umbrella and excess casualty lines to niche areas such as aviation and energy.”

Annual report 2025A · The company itself

Church & DwightSector unknown

Market · strengthens · strength 2/3

“Specialty Chemicals Our specialty chemicals business primarily encompasses the manufacture, marketing and sale of sodium bicarbonate in a range of grades and granulations for use in industrial markets. In industrial markets, sodium bicarbonate is used by other manufacturing companies as a leavening agent for commercial baked goods, as an antacid in pharmaceuticals, as a carbon dioxide release agent in fire extinguishers, as an alkaline agent in swimming pool chemicals, and as a buffer in kidney dialysis.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We sell our specialty products to industrial customers, livestock producers and through distributors.”

Annual report 2025A · The company itself

CignaSector unknown

Market · strengthens · strength 2/3

“Healthcare Medical Plans •Employer Medical Plans are offered by our insurance companies, health maintenance organizations ("HMOs") and third-party administrators ("TPAs"), and include Open Access Plus, LocalPlus® and HMO options. These plans use cost-sharing incentives to encourage the use of "in-network" rather than "out-of-network" health care providers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We offer administrative services only ("ASO") and insurance funding options to employers, groups and individuals along with other health care benefits and solutions to improve the quality of care, lower costs and help customers achieve better health outcomes.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Plan sponsors (i.e., employers, unions and other groups) create self-funded group health plans to fund all claims and may purchase stop-loss insurance to limit exposure. We earn fees for providing access to our participating provider networks, claims administration services, and other benefits and solutions.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Market Segments Cigna Healthcare serves medical customers across the following market segments: •National Accounts. Employers with 3,000 or more eligible employees. •Middle Market. Employers with 500 to 2,999 eligible employees, solutions for third-party payors, Taft-Hartley plans and other groups. •Select.”

Annual report 2025A · The company itself

Cincinnati FinancialSector unknown

Market · strengthens · strength 2/3

“In 2025, the commercial lines insurance segment contributed net earned premiums of $4.863 billion, representing 38.5% of consolidated total revenues. This segment reported profit before income taxes of $439 million. Commercial lines net earned premiums rose 8% in 2025 and 5% in 2024.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“•Commercial casualty – Covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, including injuries sustained from products. Other coverages available include miscellaneous errors and omissions, professional liability, management liability and excess liability.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“•Term life insurance is our largest life insurance product line. We continue to develop and offer term products with features our agents indicate are important, such as a return of premium benefit and an accelerated underwriting option. •We also offer products addressing the needs of businesses with key person and buy-sell coverages.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Excess and Surplus Lines Insurance Segment The excess and surplus lines segment contributed net earned premiums of $698 million to 2025 consolidated total revenues, or 5.5% of the total, and reported profit before income taxes of $85 million. Excess and surplus lines net earned premium increased 13% in both 2025 and 2024.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Life Insurance Segment The life insurance segment contributed $330 million of net earned premiums, representing 2.6% of 2025 consolidated total revenues, and reported a gain before income taxes of $65 million.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Approximately 89% of our 2025 earned premiums for the excess and surplus lines insurance segment provided commercial casualty coverages for various insured liability claims.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In addition, we offer term and whole life insurance to employees at their worksite. These products provide our property casualty agency force with excellent cross-serving opportunities for both commercial and personal accounts.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Within the life insurance market, we continue to view the voluntary life space as particularly attractive. With our large commercial lines presence, our agencies have tremendous opportunities to serve the employees of these businesses with a simple, voluntary life product.”

Annual report 2025A · The company itself

CintasSector unknown

Market · strengthens · strength 2/3

“Customers We provide our products and services to over one million businesses of all types, from small service and manufacturing companies to major corporations that employ thousands of people.”

Annual report 2026A · The company itself

CiscoSector unknown

Strategy · strengthens · strength 2/3

“We also intend to focus on maintaining leadership in core networking and services.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Our customers include businesses of all sizes, public institutions, governments, and service providers, including hyperscalers. These customers often look to us as a strategic partner to help them use technology to differentiate themselves and drive positive business outcomes.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Our customer base is not limited to any specific industry, geography, or market segment. Our customers primarily operate in the following markets: enterprise, public sector and service provider and cloud.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Enterprise Enterprise includes businesses that are large regional, national, or global organizations with multiple locations or branch offices, or mid-market and small businesses. Many enterprise businesses have unique IT, collaboration, and networking needs within a multi-vendor environment.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Commercial Banking Segment Commercial Banking primarily serves companies and institutions and strives to be a trusted advisor to our clients and preferred provider for their banking needs. We offer a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“BUSINESS SEGMENTS We have two reportable business segments: Consumer Banking and Commercial Banking. The business segments are determined based on the products and services provided, or the type of customer served.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Commercial Our commercial banking portfolio consists of traditional commercial and industrial loans, commercial leases, and commercial real estate loans.”

Annual report 2025A · The company itself

Input · weakens · strength 2/3

“When selecting suppliers, contractors, or entrepreneurs, we favor those closely associated with local communities to ensure our investments benefit the local society directly. For instance, key components for the Munkhyttan Project were sourced from a local foundry, emphasizing our commitment to local economic support, as well as the broader European value chain.”

Annual report 2024A · The company itself

CognizantSector unknown

Market · strengthens · strength 2/3

“Our P&R segment includes manufacturers, automakers, retailers, consumer goods companies, aerospace and defense companies, and travel and hospitality companies, as well as businesses providing logistics, energy and utility services. Demand in this segment is driven by our clients’ focus on improving the efficiency and sustainability of their operations; the enablement and integration of business platforms to support sales and customer experience enhancement initiatives; the generational shift from mechanical to software-defined, experience-driven customer interactions; grid modernization to support a consumer-driven energy landscape that enables cleaner, more efficient energy use; and their adoption and integration of AI and other technologies, such as intelligent systems to manage supply chains and enhance overall customer experiences, and IoT to generate data and insights for factories, fleets, products and real estate companies.”

Annual report 2025A · The company itself

Coherent Corp.Sector unknown

Strategy · strengthens · strength 2/3

“Industrial Area of Development: Our R&D Investments: Diode-pumped solid-state lasers Continue to develop solid-state lasers for industrial applications for materials processing, instrumentation, and scientific applications.”

Annual report 2026A · The company itself

Strategy · strengthens · strength 2/3

“The increase was primarily driven by the divestitures of our aerospace and defense business as well as the Munich, Germany business in addition to pricing optimization initiatives and lower manufacturing costs.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“(“Coherent,” the “Company,” “we,” “us,” or “our”), is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the data center, communications and industrial markets.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Industrial •Excimer lasers, solid-state lasers, CO2 lasers, and laser systems for a variety of industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research. •Laser systems and subsystems, including high-power lasers for materials processing. •Engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Industrial ($ in millions) Year Ended June 30, % Increase (Decrease) 2026 2025 Revenues $ 1,844 $ 2,055 (10) % Segment profit $ 423 $ 407 4 % Revenues for the fiscal year ended June 30, 2026 for Industrial decreased 10% to $1,844 million, compared to revenues of $2,055 million last fiscal year. The decrease in revenues during the current fiscal year was primarily attributable to the divestitures of our aerospace and defense business on September 2, 2025 and our Munich, Germany business on January 30, 2026.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“With complete verticality, from materials to laser solutions, we intersect with any industrial laser process within the application areas of medical device manufacturing, machine tools, consumer goods, and industrial electrical and electronics.”

Annual report 2026A · The company itself

CoinbaseSector unknown

Market · strengthens · strength 2/3

“Consumers use Coinbase as a primary account for crypto-enabled financial services, and to engage onchain. •Institutions: Businesses including market makers, asset managers, hedge funds, banks, wealth platforms, registered investment advisors, payment platforms, and public and private corporations.”

Annual report 2025A · The company itself

COLUMBUS A/SIT consulting

Market · strengthens · strength 2/3

“Columbus is a consultancy company that brings business, technology and people together and turn transformation into lasting value within Manufacturing, Retail & Distribution, Food & Beverage, and Life Science.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“BAMA Gruppen AS in Norway has chosen Columbus to develop and roll out a new group-wide ERP system based on Microsoft Dynamics 365 Finance & Supply Chain Management. The new platform will replace a patchwork of ageing systems and give the company a standardised, scalable backbone for its operations.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In addition, Columbus is helping Normet to create a coherent and relevant experience across mobile, web and eCommerce. → READ MORE here: https://www.columbusglobal.com/insights/cases/normetbridges-digital-gap-with-a-modern-b2becommerce-platform/ Columbus Data & AI is supporting the Danish company Fomaco with an Intelligent Data Platform built on Microsoft Fabric, with Power BI reporting on top.”

Annual report 2025A · The company itself

ComcastSector unknown

Market · strengthens · strength 2/3

“Our enterprise solutions offerings also include ethernet network services, which connect multiple locations and provide higher downstream and upstream broadband speed options, advanced voice services, and a software-defined networking product. Larger enterprises may also receive support services related to Wi-Fi networks, router management, network security, business continuity risks and other services.”

Annual report 2025A · The company itself

Comfort Systems USASector unknown

Market · strengthens · strength 2/3

“Technology ​ 45.0 % Manufacturing ​ ​ ​ 22.1 % Healthcare 8.9 % Education 7.3 % Government 5.0 % Office Buildings 5.0 % Retail, Restaurants and Entertainment 3.7 % Multi-Family and Residential 1.4 % Other 1.6 % Total 100.0 % ​ Approximately 92.7% of our revenue is earned on a project basis for installation of systems in newly constructed or existing facilities.”

Annual report 2025A · The company itself

Concejo AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Koncernen var under 2024 indelad i tre affärsområden: – Concejo Industrier – Industriverksamheten – SBF Fonder – Fondverksamheten – Concejo Ventures – Investeringsverksamheten Industriverksamheten är i huvudsak inriktad på säker - hetsprodukter och -system för att förhindra och bekämpa bränder och explosioner samt navigationssystem. Indus - triverksamheten finns på ungefär 20 marknader och kunderna är verksamma inom energisektorn, både traditionella sektorer som olje- och gasindustrin och nya som förnybar energi, exempelvis i form av havsbaserad vind - kraft, gruvindustrin samt inom marinmarknaden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Industriverksamheten var under 2024 organiserad i fyra rörelse drivande enheter: – Firenor International, som erbjuder olika typer av säker - hetssystem för aktiv brandbekämpning med huvudkontor i Norge och verksamhet på en global marknad. – Optronics Technology, som erbjuder optiska gasdetek - torer för olika industriapplikationer, främst för olje- och gasmarknaden, marinmarknaden och gruvnäringen. – ACAF Systems, som erbjuder en lösning för effektiv användning av fluorfritt och biologiskt nedbrytbart brandbekämpningsskum, framför allt till kunder inom kraftindustrin, olje- och gasindustrin, flygindustrin, gruvnäringen och till petrokemiska anläggningar. – SAL Navigation, som är ett av världens ledande företag inom specialnischen integrerade fartygsloggar, marina färdskrivare (Voyage Data Recorder – VDR) samt posi - tioneringssystem.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Biokolet kan användas som reduktionsmedel i den metallurgiska industrin, biooljan som insatsvara i raffina - derier och biogasen som en energibärare – alla förnyelsebara produkter som bidrar till att minska utsläppen av fossil koldioxid.”

Annual report 2024A · The company itself

Constellation EnergySector unknown

Market · strengthens · strength 2/3

“In addition, our retail sales subject us to credit risk through competitive electricity and natural gas supply activities to serve C&I companies, governmental entities, and residential customers. Retail credit risk results when customers default on their contractual obligations.”

Annual report 2025A · The company itself

ContextVision ABSector unknown

Market · strengthens · strength 2/3

“Bolaget är den globala marknadsledaren inom bildförbättring och är en mjukvarupartner till ledande tillverkare av bildgivande system över hela världen.”

Annual report 2024A · The company itself

CopartSector unknown

Market · strengthens · strength 2/3

“In the U.S., through our majority ownership of Purple Wave Inc. (“Purple Wave”) we provide wholesale construction, agriculture, and fleet remarketing services through no-reserve online auctions at www.purplewave.com, selling such items directly from the sellers location.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We sell the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and to the general public.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Vehicle dismantlers, which we believe are the largest group of vehicle buyers, based on volume of vehicles purchased, either dismantle a salvage vehicle and sell parts individually or sell the entire vehicle to rebuilders, used vehicle dealers, or the general public. Vehicle rebuilders and vehicle repair licensees generally purchase 3 Table of Contents salvage vehicles to repair and resell. Used vehicle dealers generally purchase recovered stolen or slightly damaged vehicles for resale.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Members We maintain a database of approximately 1 million registered members (“buyers”) in the vehicle dismantling and recycling, rebuilding, used vehicle dealer and export industries, as well as members that are a part of the general public, where applicable.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Samtlige af Copenhagen Capital koncernens lejeforhold er reguleret gennem en lejekontrakt. Erhvervslejeindtægterne udgør ca. 43% af selskabets samlede lejeindtægter.”

Annual report 2025A · The company itself

CorpaySector unknown

Market · strengthens · strength 2/3

“Corpay’s vision is that every payment is digital, every purchase is controlled and every related decision is informed. Our wide range of modern, digitized solutions provide control, reporting and automation benefits superior to many of the payment methods businesses often use such as cash, paper checks, general purpose credit cards, as well as employee payment processes.”

Annual report 2025A · The company itself

Creades AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Seafire (SEK –15 mn/–25 procent) är ett förvärvande bolag med tiotalet innehav inom tillverkande industri och handel. Bolaget utgör med ett värde per årsskiftet om SEK 45 mn ett av våra minsta innehav men då Creades ägande överstiger 10 procent och vi därtill är aktiva i styrelsen redovisas Seafire inom verksamhetsbenet Direktägda noterade innehav.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“De tre största innehaven är Sdiptech, Exsitec och Vitec med ett sammanlagt värde om SEK 696 mn, motsvarande 30 procent av de totala tillgångarna inom den Aktiva förvaltningen.”

Annual report 2024A · The company itself

CTEK AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Utöver fordonstillverkare erbjuder CTEK produkter till bland annat fordonsverkstäder, distributörer, återförsäljare, laddpunktsoperatörer samt fastighetsägare.”

Annual report 2024A · The company itself

CumminsSector unknown

Market · strengthens · strength 2/3

“Positive Trends •We expect demand within markets served by our Power Systems business to remain strong, including the power generation and industrial markets. •We anticipate our aftermarket business will remain stable, driven primarily by demand in our Engine and Power Systems businesses.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our performance obligations vary by contract, but may include advanced diesel, natural gas, electric and hybrid powertrains and powertrain-related components including aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, electrified power systems with innovative components and subsystems including battery, electric power technologies and parts, construction related projects, maintenance services, commissioning and installation services and extended warranty coverage.”

Annual report 2025A · The company itself

DAMPSKIBSSELSKABET NORDEN A/STransport & logistics

Market · strengthens · strength 2/3

“NORDEN strengthened the partnership with Kimberley Metals Group (KMG) by securing its first port logistics project”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“NORDEN and Microsoft – Leading the next wave of maritime decarbonisation We are pleased to work with a like-minded partner in Microsoft, sharing our ambition to scale the use of low-carbon fuels to reduce emissions in the maritime industry. With the addition of Microsoft to our portfolio of customers, we are demonstrating that NORDEN can help any company that is dependent on maritime transportation in reducing its supply chain emissions in the here and now, while we as a carrier overcome the challenges of limited geographic availability of low-carbon fuels.”

Annual report 2025A · The company itself

Danaher CorporationSector unknown

Market · strengthens · strength 2/3

“The filtration, separation and purification business is a leading provider of products used to remove solid, liquid and gaseous contaminants from a variety of liquids and gases, primarily through the sale of filtration consumables and associated hardware. The business’ technologies enhance the quality and efficiency of manufacturing processes and prolong equipment life in applications such as microelectronics, aircraft, oil refineries, power generation turbines and petrochemical plants.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Typical users of these products and services include pharmaceutical and biopharmaceutical companies, translational medicine institutions, biotechnology companies and contract manufacturing organizations.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Typical users include research, scientific, medical and surgical professionals as well as quality assurance and quality control technicians operating in pharmaceutical and biotechnology companies, contract development and manufacturing organizations (“CDMO”), clinical research organization universities, medical schools, surgical theaters and research institutions and in some cases industrial manufacturers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Typical users of these products include professionals, scientists and researchers in the areas of academic and commercial research, agriculture, medical diagnostics, 6 pharmaceutical development, biotechnology companies and research institutions across discovery, clinical and commercial applications.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The business’ technologies enhance the quality and efficiency of manufacturing processes and prolong equipment life in applications such as microelectronics, aircraft, oil refineries, power generation turbines and petrochemical plants. The business also serves the filtration needs of the food and beverage markets, helping customers ensure the quality and safety of their products while lowering operating costs and minimizing waste.”

Annual report 2025A · The company itself

Darden RestaurantsSector unknown

Strategy · strengthens · strength 2/3

“We believe we have strong brands and that the breadth and depth of our experience and expertise set us apart in the full-service restaurant industry. This collective capability is the product of investments over many years in areas that are critical to success in our business, including restaurant operations excellence, brand management excellence, our supply chain, talent management, and information technology, among other things.”

Annual report 2026A · The company itself

DatadogSector unknown

Market · strengthens · strength 2/3

“We target enterprise customers, and sales to these customers involve risks that may not be present or that are present to a lesser extent with sales to smaller entities. We have a field sales team that targets enterprise customers.”

Annual report 2025A · The company itself

Delta Air LinesSector unknown

Market · strengthens · strength 2/3

“During the years ended December 31, 2025 and 2024, the MRO business generated revenues of $822 million and $658 million, respectively.”

Annual report 2025A · The company itself

DexcomSector unknown

Input · weakens · strength 2/3

“We manufacture our current CGM systems with certain components supplied by outside vendors and other components that we manufacture internally. Key components that we manufacture internally include our wire-based sensors. The remaining components and assemblies are purchased from outside vendors.”

Annual report 2025A · The company itself

Strategy · strengthens · strength 2/3

“We are also developing and commercializing products that integrate our CGM technologies into the insulin delivery systems or data platforms of our respective partners. In addition, we continue to pursue development partnerships with other insulin delivery companies, including automated insulin delivery systems, as well as other players in the disease management sector.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The general purpose of these development and commercial relationships is to integrate our technology into the insulin pump or pen product offerings of the respective partner, enabling the partner’s insulin delivery device to receive and display glucose readings from our transmitter and, in some cases, use the glucose readings for semi-automated insulin delivery. We have existing insulin delivery partnerships, and we are also working with other companies that are pursuing varying strategies surrounding semi-automated insulin delivery and data analytics to improve outcomes and ease-of-use in diabetes management.”

Annual report 2025A · The company itself

DFDS A/STransport & logistics

Market · strengthens · strength 2/3

“Manufacturers of heavy industrial goods (automotive, forest and paper products, metals, chemicals)”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Standardise to Simplify : Translate the scale benefits of being a larger network into lower cost ratios and customer service improvements.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“European operators took Key freight customers are forwarders and hauliers for port-to-port transport of trailers with or without the driver accompanying the trailer. Heavy industrial goods are transported directly for manufacturers using trailer equivalents, e.g.”

Annual report 2025A · The company itself

Digital RealtySector unknown

Market · strengthens · strength 2/3

“In addition, some of our customers, particularly those in the biotechnology and life sciences industry and those in the technology manufacturing industry, routinely handle hazardous substances and wastes as part of their operations at our properties. Environmental laws and regulations subject our customers, and potentially us, to liability resulting from these activities or from previous industrial or retail uses of those properties.”

Annual report 2025A · The company itself

Diös Fastigheter ABSector unknown

Strategy · strengthens · strength 2/3

“Ett högkvalitativt bestånd, gedigen marknadskunskap och stor investeringskapacitet bidrar till konkurrenskraft.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Intresset för att etablera kontor och andra kommersiella verksamheter i våra städer har varit fortsatt högt. Under 2024 har vi välkomnat och tecknat avtal med flera spännande hyresgäster inom både offentlig och privat sektor, bland annat Plikt- och prövningsverket i Umeå, Akademiska Hus i Luleå, Kronofogden i Umeå och Luleå, H&M i Östersund och Skellefteå, Åhléns i Mora och Trafikverket i Sundsvall.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Det är inom kontorssegmentet och bland våra kontorshyresgäster som vi ser den största tillväxten i vår affär.”

Annual report 2024A · The company itself

DNB BANK ASASector unknown

Strategy · strengthens · strength 2/3

“DNB er godt posisjonert for fortsatt lønnsom vekst isegmentet store bedrifter og internasjonale kunder.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Det inkluderer blant annet å gi lån og kreditt til bedrifter for å finansiere produksjon, tilby betalingsløsninger som gjør det mulig for bedrifter og privatpersoner å betale og motta betaling, gi strategisk rådgivning til bedrifter og personkunder, og tilby ulike løsninger for sparing og produkter som støtter miljøvennlige prosjekter og bærekraftige forretningsmodeller.”

Annual report 2024A · The company itself

Dover CorporationSector unknown

Market · strengthens · strength 2/3

“Dover's five operating and reportable segments are as follows: •Our Engineered Products segment provides a wide range of equipment, components, software, solutions and services to the vehicle aftermarket, aerospace and defense, industrial winch and hoist, precision soldering and fluid dispensing end-markets. •Our Clean Energy & Fueling segment provides components, equipment, software solutions and services enabling safe and reliable storage, transport, dispensing, and remote monitoring of traditional and clean fuels (including liquefied natural gas, hydrogen, and electric vehicle charging), cryogenic gases, and other hazardous substances along the supply chain, and safe and efficient operation of convenience retail, retail fueling and vehicle wash establishments.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“•Our Imaging & Identification segment supplies precision marking and coding, product traceability, brand protection and digital textile printing equipment, as well as related consumables, software and services to the global packaged and consumer goods, pharmaceutical, industrial manufacturing, textile and other end-markets. •Our Pumps & Process Solutions segment manufactures specialty pumps and flow meters, fluid transfer connectors, highly engineered precision components, instruments and digital controls for rotating and reciprocating machines, polymer processing equipment, measurement, inspection, and control technologies, serving single-use biopharmaceutical production, diversified industrial manufacturing applications, chemical production, plastics and polymer processing, midstream and downstream oil and gas, clean energy markets, thermal management, wire and cable, food and beverage, semiconductor production and medical applications and other end-markets. •Our Climate & Sustainability Technologies segment is a provider of innovative and energy-efficient equipment, components, solutions, services and parts for the commercial refrigeration, heating and cooling and beverage can-making equipment end-markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Businesses supplying the defense, commercial refrigeration and can-making industries tend to deal with a few large customers that are significant within those industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“This also tends to be true for businesses supplying the power generation and chemical industries.”

Annual report 2025A · The company itself

Dovre Group OyjSector unknown

Market · strengthens · strength 2/3

“Proha’s project management solutions focus on the cost-efficient management of project portfolios and individual projects. The company’s experts support clients in developing project management processes and implementing digital tools. eSite’s virtualization solutions for industrial environments enable remote site visits as well as detailed modification and maintenance planning without the need for physical visits to production facilities.”

Annual report 2025A · The company itself

DSVTransport & logistics

Market · strengthens · strength 2/3

“bespoke solutions within the Aerospace and Defence, Automotive, Consumer, Healthcare, Industrials and Technology verticals”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We provide supply chain services across most sectors, including bespoke solutions within the Aerospace and Defence, Automotive, Consumer, Healthcare, Industrials and Technology verticals.”

Annual report 2025A · The company itself

Duke EnergySector unknown

Market · strengthens · strength 2/3

“Declines in demand for electricity or natural gas as a result of economic downturns in the Duke Energy Registrants’ regulated service territories will reduce overall sales and lessen cash flows, especially as industrial customers reduce production and, therefore, consumption of electricity and the use of natural gas.”

Annual report 2025A · The company itself

DuPontSector unknown

Market · strengthens · strength 2/3

“Table of Contents Industrial Technologies specializes in the design and production of engineered components, systems, and process solutions used in critical OEM and operational applications across industrial end markets such as automotive, aerospace, printing, and packaging. The segment focuses on light-weighting vehicles, enhancing safety and efficiency, and improving reliability, durability, and performance for next-generation vehicle, aircraft and industrial platforms. The product portfolio offers precision-engineered shapes and components, specialized lubrication systems, structural bonding solutions, and industrial printing plates for use in demanding production environments.”

Annual report 2025A · The company itself

Dustin Group ABSector unknown

Market · strengthens · strength 2/3

“Genom vår modell kan vi vara en IT-partner för såväl små och medelstora företag samt konsumenter (affärssegment SMB) som stora företag och offentlig sektor (affärssegment LCP).”

Annual report 2024A · The company itself

EcolabSector unknown

Market · strengthens · strength 2/3

“Global Water ​ This reportable segment consists of the Light & Heavy, Food & Beverage and Paper operating segments, which provide water treatment and process applications and cleaning and sanitizing solutions, primarily to large industrial customers within the manufacturing, food and beverage processing, transportation, chemical, primary metals and mining, power generation, global refining, petrochemical, pulp and paper industries.”

Annual report 2025A · The company itself

Eezy OyjSector unknown

Market · strengthens · strength 2/3

“Eezy’s business consists of a range of workplace services: staffing services, employment, research and recruitment services, management and employee experience development, corporate culture design and light entrepreneurship services.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Developing the corporate culture of clients and the company itself through cultural events, coaching and management training. Eezy's services to its client companies and its work within the company improve their corporate cultures and promote meaningful work, good management, fair working practices and the development of good working communities more widely.”

Annual report 2025A · The company itself

Elanders ABSector unknown

Market · strengthens · strength 2/3

“— Assembly and Testing — Production Distribution & Outbound Services — Pick and Pack — Consolidation and Transit — Global and Local Deliveries — JIS (Just-in-Sequence) — E-commerce Procurement & Inbound Services — Sourcing and Procurement — Customs Services — Freight Solutions — Warehouse and Inventory Management Recipients — Consumers — Retail — E-commerce — Factories — Hospitals All steps of the life cycle On behalf of customers, Elanders manages and optimizes the flow of raw materials, components, finished products, payments and information through all steps of a product’s life cycle.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“This is Elanders Our customer segments — Other percent of Elanders’ total sales glass bottles handled per year   M M photo calendars per year Other Indu str ial Procurement & Customs management Warehousing Manufacturing & Customs management Warehousing Returns management White glove delivery Local and global distribution & Indu str ial Industrial — Responsiveness creates success Customized solutions at the right cost Elanders has a strong position in the Industrial customer segment and handles everything from smaller products to large-scale, logistically complex constructions and solutions. With great responsiveness to customers, the Group retains the high delivery precision and service quality demanded. percent of Elanders’ total sales outgoing deliveries every year from Elanders’ warehouses thousand m in total floor area at facilities within the Group In order to stay competitive and generate profits, industrial manufacturers today need control and efficiency at all stages.”

Annual report 2024A · The company itself

ELKEM ASASector unknown

Market · strengthens · strength 2/3

“Elkem is one of the world’s leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Focus on 3D printing and new materials: • Elkem expanded its portfolio of silicone solutions within the new AMSil™ 20 503 and AMSil™ Silbione™ 24 503 ranges for additive manufacturing. Additive manufacturing, commonly known as 3D printing, has gained traction across various industries due to its ability to produce complex and customised products more efficiently than traditional manufacturing methods.”

Annual report 2024A · The company itself

ELMERA GROUP ASASector unknown

Market · strengthens · strength 2/3

“Products range from straightfor- ward electricity contracts to advanced power portfolio management. Customers range from energy-intensive industrial manufacturers and large corporations with facilities all over the country to small local businesses.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Business market, Norway Elmera Group is a leading supplier to the busi- ness market. Its overall market share in the business segment in Norway is approximately 22 per cent.”

Annual report 2024A · The company itself

Eltel ABSector unknown

Market · strengthens · strength 2/3

“Bredda vår kundbas genom att se över hur vi kan skapa värde på marknaden – till exempel genom att vända oss mot kunder inom industri, samt offentlig infrastruktur.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“• Uppgraderingar av nätverkskapacitet • Laddningsinfrastruktur för e-Mobility • Vindkraftverk och solcellsparker • BESS-lösningar • Utrullning av smarta mätare • Högspänningsinfrastruktur för datacenter KUNDER Våra kunder är främst nationella operatörer av transmissionssystem, ägare av distributionsnät och energiföretag. Vi har även kunder som industriföretag och offentlig sektor.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Eltel har även kunder som industriföretag och offentlig sektor Läs mer om Eltels Power-erbjudande på sidan 15.”

Annual report 2024A · The company itself

EmcorSector unknown

Market · strengthens · strength 2/3

“Our services are provided to a broad range of commercial, technology, manufacturing, industrial, healthcare, utility, and institutional customers through approximately 100 operating subsidiaries, which specialize principally in providing construction services relating to electrical and mechanical systems in all types of facilities and in providing various services relating to the operation, maintenance, and management of those facilities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Clients of our building services business include major corporations engaged in information technology, telecommunications, pharmaceuticals, financial services, and manufacturing, institutional organizations, healthcare providers, large retailers and other businesses with geographically dispersed locations, as well as federal and state governments.”

Annual report 2025A · The company itself

Emerson ElectricSector unknown

Market · strengthens · strength 2/3

“("Emerson", "we", "us", "our" or the "Company”) is a global technology and software company that provides innovative solutions for customers in a wide range of end markets around the world. Through its leading automation portfolio, Emerson helps process, hybrid and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“INTELLIGENT DEVICES Final Control The Final Control segment is a leading global provider of control valves, isolation valves, shutoff valves, pressure relief valves, pressure safety valves, actuators, and regulators for process and hybrid industries. These solutions respond to commands from a control system to continuously and precisely control and regulate the flow of liquids or gases to achieve safe operation along with reliability, sustainability and optimized performance.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Measurement & Analytical The Measurement & Analytical segment is a leading supplier of intelligent instrumentation measuring the physical properties of liquids or gases, such as pressure, temperature, level, flow, acoustics, corrosion, pH, conductivity, water quality, toxic gases, and flame. These devices transfer data and asset management information to control systems and automation software, allowing process and hybrid industry operators to make educated decisions regarding production, reliability, sustainability and safety.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The Control Systems & Software segment provides control systems and software that control plant processes by collecting and analyzing information from measurement devices in the plant. These technologies determine optimal settings with software based on a customer's specific algorithms and use that information to adjust valves, pumps, motors, drives and other control hardware for maximum product quality, process efficiency, sustainability and safety.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Koncernen utför utvecklingsuppdrag åt andra utgivare. Kunderna utgörs av företagskunder.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Energy Transition Enersense muutti Industry-liiketoimintayksikön nimen Energy Transition -liiketoimintayksiköksi 26.5.2025. Energy Transition -liiketoimintayksikön osaaminen mahdollistaa energiasiirtymän, ja liiketoimintayksikkö on koko elinkaaren kumppani energiantuottajille ja suurille energiankuluttajille, kuten teollisuudelle ja datakeskuksille. Liiketoimintayksikkö palvelee asiakkaitaan tuotantolaitosten rakentamisessa, käytössä, kunnossapidossa ja modernisoinnissa.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“2025: Vahvempana kohti elinkaarikumppanuutta Ydinliiketoimintojen liikevaihto, MEUR 302,1 (335,5) Käyttökate, MEUR 25,3 (14,5) Uusi elinkaarikumppanuusstrategia Strategiamme lähtökohtana on asiakkaidemme menestyksen edistäminen.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Operatiiviset riskit Enersensen asiakkaat ovat tyypillisesti energiantuotannossa tai -siirrossa toimivia yhtiöitä, teollisuusprojektien omistajia, rakennuttajia, pääurakoitsijoita tai toimittajia, joiden kanssa Enersense yleensä toteuttaa hankkeen, palvelun tai puitesopimuksen.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Energy Transition -liiketoimintayksikön osaaminen mahdollistaa energiamurroksen, ja yksikkö on koko elinkaaren kumppani energiantuottajille ja teollisuudelle. Liiketoimintayksikkö palvelee asiakkaitaan tuotantolaitosten rakentamisessa, käytössä, kunnossapidossa ja modernisoinnissa.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Energy Transition Energy Transition -liiketoimintayksikön osaaminen mahdollistaa energiasiirtymän, ja liiketoimintayksikkö on koko elinkaaren kumppani energiantuottajille ja suurille energiankuluttajille, kuten teollisuudelle ja datakeskuksille. Liiketoimintayksikkö palvelee asiakkaitaan tuotantolaitosten rakentamisessa, käytössä, kunnossapidossa ja modernisoinnissa.”

Annual report 2025A · The company itself

engcon ABSector unknown

Market · strengthens · strength 2/3

“Med hjärtat i Strömsund i norra Jämtland är vi en världsledande tillverkare av tiltrotatorer och tillhörande redskap som ökar grävmaskiners effektivitet, flexibilitet, lönsamhet, säkerhet och hållbarhet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Försäljning och installationer sker främst via ett etablerat nätverk av återförsäljare. Samtidigt bearbetas slutkunderna direkt genom koncernens 15 (14) lokala säljbolag.”

Annual report 2024A · The company itself

Eniro Group ABSector unknown

Market · strengthens · strength 2/3

“Affärsområde Dynava erbjuder kundtjänst och svarsservice för större bolag i Norden samt nummerupplysningstjänster och svarar för 39 procent av omsättningen.”

Annual report 2024A · The company itself

EntergySector unknown

Driver · strengthens · strength 2/3

“In July 2024, Entergy Texas filed an application with the PUCT seeking regulatory approval for the owned resources, the 141 MW Votaw Solar facility and the 170 MW Segno Solar facility. To support demand driven by robust industrial growth, in August 2025, Entergy Texas voluntarily withdrew its filing with the PUCT to narrow its focus to dispatchable generation.”

Annual report 2025A · The company itself

Strategy · strengthens · strength 2/3

“The law further amended already existing law that had required Entergy Texas to propose for PUCT approval a tariff to allow eligible customers the ability to contract for competitive generation. The amending language in the law provides, among other things, that: (1) the tariff shall not be implemented in a manner that harms the sustainability or competitiveness of manufacturers who choose not to participate in the tariff; (2) Entergy Texas shall “purchase competitive generation service, selected by the customer, and provide the generation at retail to the customer;” and (3) Entergy Texas shall provide and price transmission service and ancillary services under that tariff at a rate that is unbundled from its cost of service.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The increase in industrial usage is primarily due to an increase in demand from large industrial customers, primarily in the primary metals, petroleum refining, chlor-alkali, and technology industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Customer Class % of Sales Volume % of Revenue Residential 26.2 37.7 Commercial 20.1 24.4 Industrial (a) 42.9 28.2 Governmental 1.7 2.2 Wholesale/Other 9.1 7.5 (a)Major industrial customers are primarily in the petroleum refining and chemical industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The proposed programs consist of: (1) for residential customers, smart thermostat DR, battery energy storage DR, and an electric vehicle behavioral charging offering; (2) for agricultural customers, an Agricultural Irrigation Load Control program; and (3) for commercial and industrial customers, an aggregated capacity DR offering.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In December 2022 the MPSC approved Entergy Mississippi’s RenewABLE Community Option (Schedule RCO), an offering for qualifying non-residential customers to subscribe to renewable resource capacity to satisfy their environmental, sustainability, and governance goals.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Electricity sales to industrial customers, in particular, benefit from steady economic growth and favorable commodity markets; however, industrial sales are or may be sensitive to changes in laws, regulations, trade-related governmental actions, including tariffs and other measures, such as new laws or regulations relating to data centers or other large loads, or conditions in the markets in which its customers operate.”

Annual report 2025A · The company itself

ENTRA ASASector unknown

Market · strengthens · strength 2/3

“At year-end 2024, public sector tenants accounted for 52 per cent of total contractual rent. management properties had around 450 tenants, and the 20 largest tenants’ share of Entra’s rental income represents 50 per cent.”

Annual report 2024A · The company itself

EOG ResourcesSector unknown

Market · strengthens · strength 2/3

“During 2025, two purchasers each accounted for more than 10% of EOG's total crude oil and condensate, NGLs and natural gas revenues and gathering, processing and marketing revenues. The purchasers are in the crude oil refining industry.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We have various customers for the crude oil, natural gas and related commodities that we produce as well as various other contractual counterparties, including financial institutions and affiliates of financial institutions.”

Annual report 2025A · The company itself

Driver · strengthens · strength 2/3

“Det råder stark tillväxt i efterfrågan från bland annat datacenteretableringar och tillverkningsindustri.”

Annual report 2024A · The company itself

Input · weakens · strength 2/3

“Eolus fattade investeringsbeslut för de landbaserade vindkraftsprojekten Fågelås, Boarp och Dållebo i Sverige och tecknade avtal med Vestas om leverans av vindkraftverk.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“I Sverige samarbetar vi exempelvis med det norska företaget Hydro, som är verksamt inom aluminium- och energibranschen. Tillsammans utvecklar vi en portfölj med nio vindkraftsprojekt.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Företag och organisationer behöver säkra sina långsiktiga elkostnader och då erbjuder vind- och solkraft med sina stabila, låga kostnader, en väg framåt för att uppfylla bolagens ambitiösa hållbarhetsmål. Genom att teckna långa elhandelsavtal, säkrar bolagen en hållbar elförsörjning framåt.”

Annual report 2024A · The company itself

Ependion ABSector unknown

Market · strengthens · strength 2/3

“Med tydligt fokus på kundsegmenten marin, tillverkande industri och applikationer för krävande miljöer, där affärsenheten har särskilt stark ställning, har Beijer Electronics organiserat om försäljning, support och service till en global funktion.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Beijer Electronics fokuserar på tre segment där affärsenheten har stark ställning med god lönsamhet, nöjda kunder och ett starkt erbjudande. Det handlar om marina applikationer ombord på fartyg, där Beijer Electronics har lång erfarenhet och hög certifieringsnivå, maskinbyggare inom industri, samt applikationer för särskilt krävande miljöer där väder, damm och andra faktorer ställer höga krav på robusthet och tillförlitlighet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Maskinbyggare inom tillverkningsindustrin stod för 35 procent av försäljningen 2024.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Marknadssegment i fokus är tåg, järnvägsinfrastruktur, energi, tillverkande industri och marin.”

Annual report 2024A · The company itself

Epiroc AktiebolagSector unknown

Market · strengthens · strength 2/3

“Gruv- och anläggningsindustrin gynnas av en strukturell tillväxt i efterfrågan.”

Annual report 2024A · The company itself

EQT ABSector unknown

Market · strengthens · strength 2/3

“#01 Detta är EQT #02 Finansiella rapporter #03 Hållbarhetsnoter #04 Bolagsstyrning #05 Ytterligare information Hälsovård — MedTech — Life Science-verktyg och diagnostik — Läkemedel och relaterade tjänster — Hälsovårds-IT Tjänster — Outsourcing av kritiska tjänster — Nätverkstjänster — Tekniktjänster Teknologi — Mjukvara — Konsumentinriktade internettjänster — Digitala medier och underhållning Industriell teknologi — Automatisering och Internet of Things — Hållbarhetsteknik — Livsmedelsteknik 41% 31% 5% 23% 2% 27% 16% 15% 8% 32% Klimat & Natur Hälsa & Välmående Tillgång & Jämlikhet Motståndskraft & Transparens Vår uppkopplade värld Modularisering av teknologi Distribuerat ägande & Decentralisering Hälsovård Teknologi Tjänster Industriell teknologi Tjänster Tekniska tjänster Teknologi Hälsovård Industriell teknologi Annat – EQT Private Capital EQT:s affärssegment Private Capital investerar utifrån en tematisk investeringsstrategi kombinerad med djup sektorexpertis, med fokus på ledande icke-cykliska bolag.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“EQT-fonderna är indelade i fyra affärsområden, med olika tematiska investeringsmetoder och strategier: — EQT Private Capital Europe & North America investerar huvudsakligen i hälso- och sjukvård- samt tekniksektorn, men även inom tjänster och industriteknik.”

Annual report 2024A · The company itself

EquinixSector unknown

Market · strengthens · strength 2/3

“Customers Our customers include telecommunications carriers, mobile and other network services providers, cloud and IT services providers, digital media and content providers, financial services companies, and global enterprise 8 Table of Contents ecosystems in various industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Global enterprises, service providers and business ecosystems of industry partners rely on our IBX data centers and expertise around the world for the safe housing of their critical IT equipment and to protect and connect the 48 Table of Contents world's most valued information assets. They also look to Equinix for the ability to directly and securely interconnect to the networks, clouds and content that enable today's information-driven global digital economy.”

Annual report 2025A · The company itself

EQVA ASASector unknown

Market · strengthens · strength 2/3

“Full-service provider of technical, sustainable solutions and services to maritime and landbased industries.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“EQVA is now a Norwegian-based active business consolidator with a focus on the B2B industrial services market. • Solid operational performance - mainly driven by volume increase in the Industrial Solutions segment.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“EQVA Industrial Solutions (EIS) EQVA’s main asset is EQVA Industrial Solution. Under that umbrella we operate a number of independent businesses with combined proforma 2024 turnover of NOKm 1.299 with an EBITDA (ltm) of NOKm 88.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“BKS is a full-service provider of technical installations to the land-based and maritime industry in Norway.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kvinnherad Elektro provides power & automation services to industrial clients, public services and households.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Inom Professional Hygiene bidrar en uppgradering av behållaren Tork Xpressnap® Café i Latinamerika till minskad förbrukning av servetter och kortare påfyllningstid. Tork bygger också vidare på sin unika kompressionsteknologi för pappershanddukar med ett nytt sortiment av komprimerade vikta pappershanddukar vilka fördubblar kapaciteten hos en liten behållare och sparar plats både under transport och förvaring.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Wiping & Cleaning Inom Wiping & Cleaning erbjuder Essity rengöringsdukar och avtorkningspapper för att hålla ytor rena och desinficerade.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“IAC Affärsområden | Consumer Goods Inledning Essity-aktien Strategi Affärsområden Våra affärsområden Health & Medical Consumer Goods Professional Hygiene Koncernen Hållbarhetsrapport Bolagsstyrningsrapport Finansiella rapporter inklusive noter Övrig information Affärsområdet Professional Hygiene omfattar produkter och lösningar inom Tissue, Wiping, Cleaning, Soap, Sanitizers och dispensersystem samt utvalda tjänster. Dessa säljs till företag för användning på kontor, universitet, vårdinstitutioner, industrier, flygplatser, restauranger, hotell, arenor och andra offentliga mötesplatser – via distributörer, e-handel eller direkt till slutkund.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Tissue, Services & Solutions Inom Tissue, Services & Solutions erbjuder Essity toalettpapper, pappershanddukar, pappersservetter, återanvändbara torkdukar, behållare, service och underhåll samt digitala lösningar med sensorteknik som Tork Vision Cleaning, datadriven städning.”

Annual report 2024A · The company itself

EUROPRIS ASASector unknown

Strategy · strengthens · strength 2/3

“Examples of in-store posters with information related to sustainability Actions to manage safe products There are risks related to illegal and potentially unsafe products being distributed and sold due to deviating control routines. In order to prevent, and mitigate material negative impacts related to safe products the following actions are in place: A dedicated quality assurance department with offices in Norway, Sweden and China ensures that products are safe, have sufficient quality according to specifications and have been checked for safe use and disposal.”

Annual report 2024A · The company itself

Everest GroupSector unknown

Market · strengthens · strength 2/3

“The Company’s Insurance segment mainly writes commercial property and casualty business on an admitted and non-admitted basis. The business is written through wholesale and retail brokers, surplus lines brokers and through program administrators.”

Annual report 2025A · The company itself

EvergySector unknown

Market · strengthens · strength 2/3

“Industrial Steam and Other Revenues Evergy's industrial steam and other revenues are primarily generated by the regulated sale of industrial steam to Evergy Missouri West's steam customers. Evergy recognizes revenue on the sale of industrial steam to its customers over time as the service is provided in the amount that it has the right to invoice.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Evergy serves approximately 1.7 million customers located in Kansas and Missouri. Customers include approximately 1.5 million residences, 0.2 million commercial firms and 7,400 industrials, municipalities and other electric utilities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The Evergy Companies engage in the wholesale and retail sale of electricity and the wholesale purchase of electricity as part of their regulated electric operations in addition to energy marketing activities and the management of third-party generation facilities.”

Annual report 2025A · The company itself

Eversource EnergySector unknown

Market · strengthens · strength 2/3

“ELECTRIC DISTRIBUTION – CONNECTICUT – THE CONNECTICUT LIGHT AND POWER COMPANY CL&P's distribution business consists primarily of the purchase, delivery and sale of electricity to its residential, commercial and industrial customers. As of December 31, 2025, CL&P furnished retail franchise electric service to approximately 1.32 million customers in 157 cities and towns in Connecticut.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“As of December 31, 2025, NSTAR Electric furnished retail franchise electric service to approximately 1.62 million customers in 159 cities and towns in eastern and western Massachusetts, including Boston, Cape Cod, Martha's Vineyard and the greater Springfield metropolitan area. NSTAR Electric does not own any generating facilities that are used to supply customers, and purchases its energy requirements from competitive energy suppliers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“As of December 31, 2025, PSNH furnished retail franchise electric service to approximately 549,000 retail customers in 206 cities and towns in New Hampshire.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“NSTAR Gas, EGMA and Yankee Gas generate revenues primarily through the sale and/or transportation of natural gas. Our natural gas businesses provide uninterruptible (or firm) natural gas sales and transportation service to eligible retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on natural gas for heating, hot water and cooking needs, as well as commercial and industrial customers who rely on natural gas for space heating, hot water, cooking and commercial and industrial applications and who choose to purchase natural gas from our natural gas businesses.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We serve a wide variety of customers and transact with suppliers that include IPPs, industrial companies, natural gas and electric utilities, oil and natural gas producers, financial institutions, and other energy marketers.”

Annual report 2025A · The company itself

F5, Inc.Sector unknown

Market · strengthens · strength 2/3

“F5 BIG-IP. Our F5 BIG-IP family of product offerings provide feature-rich, highly programmable and configurable application delivery and security solutions for legacy applications in enterprises and service providers.”

Annual report 2025A · The company itself

Fair IsaacSector unknown

Market · strengthens · strength 2/3

“We also help businesses improve non-customer facing decisions such as supply chain optimization, scheduling management and policy adherence.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“•Software. This segment includes pre-configured analytic and decision management solutions designed for a specific type of business need or process — such as account origination, customer management, customer engagement, fraud detection, and marketing — as well as associated professional services.”

Annual report 2025A · The company itself

FastenalSector unknown

Market · strengthens · strength 2/3

“Today we sell a broader range of industrial and construction supplies spanning more than nine major product lines through a global network of locations utilizing diverse technologies such as vending devices, bin stock devices, and eBusiness. The large majority of our transactions are business-to-business. We provide additional descriptions of our product lines and market channels later in this document.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In 1993, we began to aggressively add additional product lines, and these represented 69.5% of our consolidated sales in 2025. These products, which we refer to as non-fastener product lines, tend to move through the same distribution channel, get used by the same customers, and utilize the same logistical capabilities as the original fastener product line.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Table of Contents The largest category of non-fastener products is our safety supplies product line, which accounted for 22.2% of our consolidated sales in 2025. This product line has seen significant sales growth in the last 10 years, which we believe is directly attributable to our success cross-selling safety supplies to customers that utilize us for non-safety products, as well as our ability to market, deploy, and service industrial vending over that period.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Approximately 71% to 76% of our customers are in manufacturing end markets, which encompass heavy machinery, fabricated products, process industries (oil & gas, petrochemical, mining, pulp and paper, etc.), and transportation components (automotive, aerospace, etc.). We provide both the direct and indirect material needs of these customers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Approximately 74% of our consolidated sales in 2025 were with customers whose spend was subject to a contractual agreement between ourselves and the customer. The terms and conditions of these contracts will vary from customer to customer, with the most common features being the scope of products and services rendered, product and service pricing, payment terms, delivery expectations, quality obligations, warranty and liability exposure, and contract duration.”

Annual report 2025A · The company itself

FedEx FreightSector unknown

Market · strengthens · strength 2/3

“Differentiated Offerings •Volume Services: Offers customized pricing solutions for qualifying non-urgent shipments based on network capacity, enabling us to capture overflow demand from sectors prioritizing cost efficiency over speed, such as bulk retail and industrial components.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“A large number of our customers operate in sectors that we believe are poised for long-term structural growth, such as e-commerce, advanced manufacturing, and healthcare logistics.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“(1)Organization FIS is a leading global provider of financial services technology solutions for financial institutions, businesses and developers.”

Annual report 2025A · The company itself

First SolarSector unknown

Market · strengthens · strength 2/3

“Customers Our customers include system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators.”

Annual report 2025A · The company itself

FIRSTFARMS A/SAgriculture

Strategy · strengthens · strength 2/3

“I Slovakiet er der bygget eget mejeri.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Vores nye mejeri kommer til at producere koncentrerede mælkeprodukter, som vil blive solgt og distribueret, gennem en samarbejdsaftale med Interfood, til Europas fødevareproducenter.”

Annual report 2025A · The company itself

FiservSector unknown

Market · strengthens · strength 2/3

“We serve clients around the globe, including merchants, banks, credit unions, other financial institutions, corporate and public sector clients.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Enterprise We provide products and services to large businesses that are designed to enable clients to engage in commerce through various channels including online and mobile, drive value and savings through transactions, and engage more customers. Our integrated omnichannel operating system allows enterprise clients to orchestrate payments and create consistent customer commerce experiences, delivered how and when their customers want.”

Annual report 2025A · The company itself

Flerie ABSector unknown

Market · strengthens · strength 2/3

“NorthX tacklar komplexiteten i biologisk produktion genom att erbjuda skräddarsydda lösningar för sina kunder, från små läkemedelsutvecklande bolag till stora biofarmabolag. Genom att fysiskt anpassa sina anläggningar och processer för att möta föränderliga behov nyttjar bolaget sin affärsmodell för att leda branschens övergång mot individanpassade behandlingar.”

Annual report 2024A · The company itself

Flex Ltd.Sector unknown

Market · strengthens · strength 2/3

“We partner with customers across a diverse set of industries including data center, healthcare, industrial, automotive, communications, and lifestyle.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“We are a full flowsheet technology and service supplier for more sustainable mineral processing”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Ser vice Pro ducts an d PC&V compris e 59%, 21% and 20% of the total in 2025, compa red to 202 4”

Annual report 2025B · From the report

Market · strengthens · strength 2/3

“Service Products and PC&V comprise 59%, 21% and 20% of the total in 2025”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Service Products and PC&V comprise 59%, 21% and 20% of the total in 2025”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“During the year, we completed our transition to a pure-play supplier of technologies and services to the global mining industry and delivered solid performance in a demand environment characterised by continued uncertainty, particularly around the timing of larger mining projects.”

Annual report 2025A · The company itself

Flügger group A/SBuilding materials

Driver · strengthens · strength 2/3

“Omsætningen var positivt påvirket af fremgang blandt kernekunderne, de professionelle malere og private forbrugere, der handler i Flüggers egen detailkæde.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“SalgskanalerLager End of lifeProduktionR&D Kunder Leverandør Værdikæde Egne aktiviteter Værdikæde Klimaforandringer Diversitet Forretningsadfærd Luftforurening Klimaforandringer Energi Luftforurening Byggemarkeder Nethandel SalgskanalerLager End of lifeProduktionR&D Kunder Leverandør Værdikæde Egne aktiviteter Værdikæde Klimaforandringer Diversitet Forretningsadfærd Luftforurening Klimaforandringer Energi Luftforurening Byggemarkeder Nethandel SalgskanalerLager End of life ProduktionR&D Kunder Leverandør Værdikæde Egne aktiviteter Værdikæde Klimaforandringer Diversitet Forretningsadfærd Luftforurening Klimaforandringer Energi Luftforurening Byggemarkeder Flügger er en international koncern, med hovedkontor i Danmark, der udvikler, producerer, markedsfører og sælger et bredt sortiment inden for maling, træbeskyttelse, spartel, vægbeklædning og tilbehør. Vores målgruppe er den professionelle maler og den private forbruger.”

Annual report 2026A · The company itself

FortinetSector unknown

Market · strengthens · strength 2/3

“Our OT Security Platform is purpose-built to protect the engineered systems that underpin critical infrastructure and supply chains around the world.”

Annual report 2025A · The company itself

FortiveSector unknown

Market · strengthens · strength 2/3

“Intelligent Operating Solutions Our Intelligent Operating Solutions segment provides advanced instrumentation, software and services to tens of thousands of customers enabling their mission-critical workflows. These offerings include professional instruments used in applications including maintenance, repair, measurement and condition monitoring, facility and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets, including manufacturing, process industries, healthcare, utilities and power, communications and electronics, among others. Typical users of these safety, productivity and sustainability solutions include electrical engineers, electricians, electronic technicians, EHS professionals, network technicians, facility managers, first-responders, and maintenance professionals.”

Annual report 2025A · The company itself

Fortum OyjSector unknown

Market · strengthens · strength 2/3

“Toinen strateginen prioriteettimme on edistää teollisuuden dekarbonisaatiota. Sen osalta olemme jatkaneet useiden eri puolella Suomea sijaitsevien kohteiden kehittämistä, jotta niitä voidaan tarjota asiakkaillemme datakeskus- tai teolliseen käyttöön.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Strategian toisena painopistealueena on edistää hiilestä irtautumista ja kasvua pohjoismaisilla teollisuudenaloilla. Tämä saavutetaan solmimalla kumppanuuksia strategisten asiakkaiden kanssa asiakkaiden hiilijalanjäljen pienentämiseksi sekä kehittämällä ja rakentamalla vähäpäästöistä energiaa.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Tosiasialliset myönteiset vaikutukset IRO E1.6 Vähähiilisen ja luotettavan energiatoimituksen tarjoaminen asiakkaille tukemaan heidän prosessiensa päästöjen vähentämistä. Fortum tekee yhteistyötä strategisten asiakkaiden kanssa ja tarjoaa vähähiilistä energiaa pitkäaikaisilla sopimuksilla.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Tällaisia ovat energian tukku- ja vähittäismyyjät, yleishyödylliset palveluyhtiöt, energian tuotantoyhtiöt, kaupankäyntiyhtiöt, teolliset energian loppukäyttäjät ja rahoituslaitokset.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“De fortsættende aktiviteter realiserede i 2024/25 en omsætning på 516,0 (483,5 mio. kr.)”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“De ophørte aktiviteter realiserede i 2024/25 en omsætning på 386,8 mio. kr. (429,1 mio. kr.)”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Realiseringen af forretningspotentialet fra værdikædens led... sker gennem forretningsenheden FurnMaster”

Annual report 2025B · From the report

Market · strengthens · strength 2/3

“Gabriel skal være den foretrukne udviklingspartner og leverandør til udvalgte internationalt markedsledende producenter”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Udviklings- og salgsindsatsen målrettes branchens ca. 70 største og markedsledende aktører i en global Key Account strategi”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Gabriel skal være den foretrukne udviklingspartner og leverandør til udvalgte internationalt markedsledende producenter og storbrugere af polstermøbler, sæder og polstrede flader.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Gabriel A/S’ vision er at være den foretrukne udviklingspartner og leverandør til udvalgte internationalt markedsledende producenter og storbrugere af polster møbler, sæder og polstrede flader.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Selskabet er en vigtig del af den samlede strategi om at kunne servicere globale erhvervsmøbelproducenter og distributører samt at kunne sikre frembringelse af innovative og konkurrencedygtige produkter til alle markeder.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Gabriel er en nichevirksomhed, der primært henvender sig til kunder og brugerområder, hvor der stilles ufravigelige krav til produktegenskaber, design og dokumenteret kvalitets- og miljøstyring. Gabriel er inden for nicheområdet et globalt velkendt brand. Gabriels aktiviteter er konstant rettet mod at udvikle og befæste en position som den foretrukne udviklingspartner og leverandør af møbeltekstiler og tilhørende komponenter til strategisk udvalgte internationale erhvervsmøbelproducenter.”

Annual report 2025A · The company itself

GARO AktiebolagSector unknown

Market · strengthens · strength 2/3

“Affärsområdet tillverkar elinstallationsmaterial och erbjuder marknaden ett brett produkt- och tjänstesortiment. Med strömförsörjning, mätning, styrning och tillfällig el till bland annat industrin, fastigheter och byggarbetsplatser skapas energieffektiva och hållbara helhetslösningar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Det totala erbjudandet rymmer cirka 3 500 elprodukter och helhetslösningar för fast elinstallation inom nybyggnation av bostäder och fastigheter, olika typer av renoveringsprojekt samt olika former av industriell verksamhet. Kompletta elcentraler innehållande media, styrning och mätning, eller utvändiga fasad- och markmätarskåp är en del av produktsortimentet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Som exempel kan nämnas större kommersiella byggnader såsom bostäder, arbetsplatser, köpcentrum och hotell samt olika former av industriell verksamhet.”

Annual report 2024A · The company itself

GE VernovaSector unknown

Market · strengthens · strength 2/3

“We build, modernize, and service power systems to help our customers electrify their operations and economies, meet power demand growth, improve system reliability and resiliency, and navigate the energy transition through limiting and reducing emissions.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“(b) See "—Non-GAAP Financial Measures" for additional information related to Adjusted EBITDA*.”

Annual report 2025A · The company itself

GeneracSector unknown

Market · strengthens · strength 2/3

“Our industrial standby generators are primarily used as emergency backup for larger applications such as data centers, healthcare, telecom, datacom, commercial office, retail, distribution centers, manufacturing, and municipal, among others.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We also sell our industrial products direct to certain end-user customers of our products covering a variety of end market verticals both domestically and internationally. This includes data centers, telecommunication, retail, banking, energy, healthcare, convenience stores, grocery stores, restaurants, governments, and other commercial & industrial applications.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“These products are sold globally through industrial distributors and dealers, Engineering, Procurement, and Construction (EPC) companies, equipment rental companies, and equipment distributors.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In order to reach the end-users, Gentian serves the following three customer categories: • Global diagnostics manufacturers of clinical chemistry instrument platforms who offer Gentian reagents as part of their reagent menu. • Healthcare institutions through direct commercial efforts. • Distributors in selected markets to broaden our global presence.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“The assay was launched in 2015 and has since reached several milestones such as completed registrations in key markets, including the US with the FDA510(k) clearance, IVDR certification in 2022, validations on all major clinical chemistry analysers, and a supply agreement with Roche Diagnostics through BÜHLMANN Laboratories. In 2024, BÜHLMANN Laboratories announced a worldwide collaboration with Beckman Coulter for both fCAL ® turbo and fPELA ® turbo.”

Annual report 2024A · The company itself

Genuine Parts CompanySector unknown

Market · strengthens · strength 2/3

“Incorporated in the State of Georgia in 1928, Genuine Parts Company is a leading global service provider of automotive and industrial replacement parts and value-added solutions.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Europe Australasia Total Distribution centers 71 14 85 Company-owned stores 796 568 1,364 Independent affiliate stores 1,750 — 1,750 Total locations 2,617 582 3,199 Industrial Segment Business Overview Our Industrial segment, which represents 37% of total GPC net sales, operates across North America and Australasia through our wholly-owned subsidiaries Motion Industries, Inc. (“Motion”), headquartered in Birmingham, Alabama, and Motion Asia Pacific, headquartered in Sydney, Australia. We provide replacement parts and value-added solutions to maintenance, repair and operation (“MRO”) customers and original equipment manufacturer (“OEM”) customers, serving a total addressable market estimated to be over $150 billion.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Segment Information We are a global service provider of automotive and industrial replacement parts and value-added solutions, and our operating segments are organized based on the type of product sold and geography.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, hydraulic and pneumatic products, material handling components and other related parts and supplies.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We offer a broad range of industrial products including: •Bearings, seals and gaskets •Hose, fittings, hydraulics and pneumatics components •Abrasives, adhesives, sealants, and tape •Pumps and power transmission •Tools and testing equipment •Electrical supplies and safety products •Chemicals and janitorial supplies Our customers span numerous industries such as aggregate and cement, automotive, chemical and allied products, equipment and machinery, equipment rental and leasing, fabricated metals, food and beverage, iron and steel, mining, lumber and wood, oil and gas, pulp and paper, and rubber products.”

Annual report 2025A · The company itself

GN STORE NORD A/SMedical devices

Market · strengthens · strength 2/3

“Gross profit reached DKK 3,850 million corresponding to a gross margin of 55.8% compared to 55.5% in 2024.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Focused pricing discipline effectively off-set tariff cost Revenue The Enterprise division demonstrated continued resilience and focused execution in 2025 by effectively mitigating impacts from uncertain trade policies and macroeconomic weakness, while maintaining its market leading position and preparing for the strategic important Evolve3 launch in 2026.”

Annual report 2025A · The company itself

Goldman SachsSector unknown

Market · strengthens · strength 2/3

“Corporate. Corporate loans and lending commitments include term loans, revolving lines of credit, letter of credit facilities and bridge loans, and are principally used for operating and general corporate purposes, or in connection with acquisitions.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“For example, we have a smaller corporate client base in our market-making businesses than some of our peers and therefore those competitors may benefit more from increased activity by corporate clients.”

Annual report 2025A · The company itself

GOODTECH ASASector unknown

Strategy · strengthens · strength 2/3

“Industrial customers are increasingly asking for assistance in the early-stage planning of new industrial projects, where digital, fully automated production is key in investment decisions. As a result, Goodtech has intensified its focus on strategic advisory services, leading to major transformation projects for companies such as Aker Solutions, Equinor, Vesterålen Marine Olje, Vianode and Moelven.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Annual Report 2024 6 For over 100 years, Goodtech has provided solutions to Nordic industrial companies to optimize their production. We see that the Group's local presence, expertise, and experience in operational technology (OT) serve as a competitive advantage. The opportunities within OT revolve around using data to optimize and build market-leading production. Industrial companies often seek strategic partners like Goodtech to drive better management, secure data flow, and, most importantly, gain insights into continuous and granular operational data in order to improve and safeguard operation.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Goodtech holds a strong market position in production optimization for solid food products, feed production, pharmaceuticals, process industries, minerals, smelting plants, and assembly lines.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Industry, Innovation and Infrastructure: Goodtech’s projects often involve automation, robotics, digitalization, and/or electrification of industry and infrastructure through innovation.”

Annual report 2024A · The company itself

GRK Infra OyjSector unknown

Market · strengthens · strength 2/3

“GRK:n rakentama infra edistää teollista infrastruktuuria mm. vastaamalla erilaisten teollisuusalueiden sekä yritysten tarpeisiin. Laadukkaat infraratkaisut mahdollistavat teollisten investointien toteutumisen ja kestävän kasvun.”

Annual report 2025A · The company itself

Gränges ABSector unknown

Strategy · strengthens · strength 2/3

“Kundsamarbeten: Gränges har ett nära samarbete med kunderna för att utveckla produkter för framtida använd - ningsområden, i syfte att säkerställa en fortsatt hög kvalitet och uppfylla kundens krav. ● Program för verksamhetsförbättringar: Genom etablerade program för 6S- och lean-baserad produktion säkerställer Gränges att bolagets produkter håller en hög kvalitet och att produktionsprocesserna är effektiva. ● Konkurrenskraftig kostnadsnivå: Gränges arbetar på att upprätthålla en låg kostnadsnivå baserat på sin globala närvaro, som möjliggör en konkurrenskraftig prissättning. ● Forskning och innovation: Omfattande forskning och innovation ger Gränges möjlighet att fortsätta utveckla avancerade material och lösningar för att tillgodose nya behov.”

Annual report 2024A · The company itself

HAKI Safety ABSector unknown

Market · strengthens · strength 2/3

“Verksamheten har sedan 2020 varit indelad i två segment: • Safe Access Solutions består av verksamheterna HAKI, Vertemax, Novakorp, EKRO samt Norgeodesi och är fokuserad på säkerhetsprodukter och –lösningar på tillfälliga arbetsplatser. Vertemax och Novakorp namnändrades under 2023 respektive i början av 2024 till HAKI och saluför sina produkter under varumärket HAKI.”

Annual report 2023A · The company itself

Market · strengthens · strength 2/3

“EKRO samt Norgeodesi är både enskilda bolagsnamn och varumärken. • Industrial Services bestod av två bolag: FAS Converting Machinery och Landqvist Mekaniska Verkstad som utvecklar, producerar och säljer maskinutrustning för konvertering av plastfilmsmaterial respektive tillhandahåller kontraktstillverkning av komponenter till industrikunder.”

Annual report 2023A · The company itself

Market · strengthens · strength 2/3

“Utbudet av säkerhetsprodukter och -lösningar till projekt säljs före trädelsevis i Europa, och till industrisektorer som infrastruktur, energi, industri samt bygg och anläggning.”

Annual report 2023A · The company itself

HANZA ABSector unknown

Market · strengthens · strength 2/3

“Bland HANZAs uppdragsgivare finns ledande industribolag som 3M, ABB, Epiroc, GE, Getinge, John Deere, Mitsubishi Logisnext, Oerlikon, Perkin Elmer, SAAB, Sandvik, Siemens och Tomra.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“I augusti tecknade HANZA ett så kallat MIG™-avtal med en ny tysk kund, WISI Communications GmbH, om att utveckla en ny leverantörskedja för en produktlinje, vilket inkluderar konsolidering av produktion av ingående komponenter till HANZA-koncernen, samt en överföring av befintlig tillverkning från Tyskland till HANZAs tillverkningskluster i Centraleuropa. De första leveranserna skedde hösten 2024 och vid full volym bedöms produktionen nå en årsomsättning över 10 MEUR.”

Annual report 2024A · The company itself

Hartford (The)Sector unknown

Market · strengthens · strength 2/3

“General Liability Covers a business in the event it is sued for causing harm to a person and/or damage to property. General liability insurance covers third-party claims arising from accidents occurring on the insured’s premises or arising out of their operations. General liability insurance may also cover losses arising from product liability.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Middle & large business provides insurance coverage to a broad spectrum of companies, from mid-sized firms to large national accounts. These are businesses whose payroll, revenue and property values exceed the small business threshold.”

Annual report 2025A · The company itself

Harvia OyjSector unknown

Market · strengthens · strength 2/3

“Harvia’s largest product group is heating equipment, which equals 54% of Harvia’s total revenue.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Included in the R&D work currently taking place at the Company are the following initiatives: In Server, we are developing high-quality next-generation compute solutions that encompass servers, server-attached options, and software, integrating the latest industry technology and aligning with our customers' evolving needs. Furthermore, we are advancing our SaaS capabilities by creating cloud-native, cloud-based server management solutions to enhance our existing portfolio.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Server For the fiscal years ended October 31, 2025 2024 2023 2025 vs 2024 % Change Dollars in millions Net revenue $ 17,745 $ 16,104 $ 14,266 10.2 % Cost of sales 14,038 12,060 10,071 16.4 % Gross profit 3,707 4,044 4,195 (8.3) % Operating expenses 2,364 2,240 2,380 5.5 % Earnings from operations $ 1,343 $ 1,804 $ 1,815 (25.6) Server net revenue increased by $1,641 million, or 10.2%, primarily due to a $1,691 million, or 13.3%, increase in product revenue.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our customers range from small-and-medium-sized businesses to large global enterprises and governmental entities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In AI infrastructure, HPE is focused on sovereign and enterprise customers, leveraging our supercomputing heritage and turnkey AI factory solutions, including HPE Private Cloud AI and scalable AI servers. With decades of large-scale infrastructure expertise defining our offerings, including technologies like fanless direct liquid cooling that power our largest AI systems, HPE’s server business supports both traditional servers and those that enable AI workloads.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Enterprises of various sizes are looking to digitally transform in order to develop next-generation cloud-native applications, create actionable insights from their data, and drive business growth, but they face many challenges including lack of in-house IT skills, limited budgets and options for financing, and lack of flexibility to choose the technology foundation that best meets their needs.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Major Customers The Company had one distributor which represented approximately 10% of the Company's total net revenue in fiscal 2025, primarily within the Server and Networking segments.”

Annual report 2025A · The company itself

Hexagon AktiebolagSector unknown

Market · strengthens · strength 2/3

“Kina redovisade en organisk tillväxt på -1 %, drivet av en svag infrastruktur- och byggmarknad samt utmaningar inom tillverkningsindustrin under året.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Portföljen för sensorer och robotteknik mötte motvind, främst på grund av den svaga utvecklingen inom slutmarknaderna för tillverknings- och byggindustrin, vilket resulterade i en nedgång på -7 % för helåret.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Manufacturing Intelligences operativa nettoomsättning uppgick till 1 955,7 MEUR (2 013,0), med en oförändrad organisk tillväxt på 0 %. Stark efterfrågan inom flygindustrin och en stabil utveckling inom elektronik kompenserades av svaghet inom generell tillverkning och fordonsindustrin.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“2024 var Generell tillverkning den enskilt största kundkategorin och stod för 12 procent av nettoomsättningen. För Hexagon kan denna kundkategori innebära vissa risker då en nedgång eller svag utveckling inom Generell tillverkning kan ha en negativ inverkan på Hexagons verksamhet. Generell tillverkning följs av kundkategorierna Övrigt med 11 procent, Flyg och försvar 10 procent och Gruvdrift med 9 procent.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Our testing technologies are used by industrial gas, fire service equipment, medical oxygen, automotive and gas distribution industries.”

Annual report 2024A · The company itself

HEXAGON PURUS ASASector unknown

Market · strengthens · strength 2/3

“The Company’s hydrogen infrastructure business is EBITDA profitable and is mainly based on large industrial gas companies’ need to cost efficiently transport gray hydrogen for industrial use cases.”

Annual report 2024A · The company itself

HEXATRONIC GROUP ABSector unknown

Market · strengthens · strength 2/3

“Oavsett om det rör sig om en manöverkabel hundratals meter under havsnivån, fiber för övervakning i ett stålverk eller kablage i tuffa miljöer, är våra lösningar byggda för att hålla länge och säkra överföringen av viktiga data eller ström.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna utgörs av stora globala molnföretag, samlokaliseringsoperatörer och stora företag så som banker, fordonstillverkare och industriföretag.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Harsh Environment verkar på marknaden för avancerade undervattenskablar och konnektivitetslösningar, som primärt används inom energisektorn, försvar och industri.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna sträcker sig från hyperscale, molntjänster och colocation leverantörer till stora företag så som banker, biltillverkare och industriföretag.”

Annual report 2024A · The company itself

HEXPOL ABSector unknown

Market · strengthens · strength 2/3

“Kunderna är i huvudsak den globala fordons- och verkstadsindustrins systemleverantörer, bygg- och anläggningsbranschen och inom sektorer som transport, energi och konsument samt kabelindustrin och tillverkare av medicinteknik, plattvärmeväxlare och truckar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“– expertis inom avancerade polymera material HEXPOL I KORTHET Asien 6% FÖRSÄLJNING PER REGION 2024 Europa 40% Amerika 54% NETTOOMSÄTTNING 2024 MSEK 2024 JUSTERAD EBIT-MARGINAL 2024 15,9% Fordon 38% Generell industri 20% Bygg & anläggning 8% Kabel 8% Jordbruk Energi Hälsa & medicinteknik Slang (ej fordon) Konsumentprodukter Grafisk produktion Däck Leksaker, sport och fritid Transport (ej fordon) VVS 26% ETT VÄLPOSITIONERAT FÖRETAG FÖR TILLVÄXT INOM VÄXANDE SLUTANVÄNDARSEGMENT Starkare tillväxt i andra segment har balanserat ut fordonsandelen från tidigare 60 procent.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“De största segmenten utgörs av fordons- och verkstadssektorn tillsammans med bygg och anläggning.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Produktområde Kundsegment Marknad HEXPOL:s position Tillväxtmöjligheter HEXPOL Rubber Compounding Global marknadstillväxt.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“• Bra position i Europa • Stärkt position i Nordamerika • Svag men växande position i Asien • Ta större marknadsandel – nya och befintliga kunder • Nya kundlösningar • Geografisk expansion • Attraktiva förvärvsmöjligheter – få säljare HEXPOL Wheels Global marknad med strukturell tillväxt drivet av e-handel och materialhantering.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“HEXPOL fokuserar på marknader i stark tillväxt med intressanta och växande kund applikationer inom bland annat hälsa & medicin teknik, allmänindustri, konsumentprodukter och fordons industrin.”

Annual report 2024A · The company itself

Hiab OyjSector unknown

Market · strengthens · strength 2/3

“Resurssien ulosvirtaukset Tärkeimmät Hiabin tuotantoprosessin tuloksena syntyvät tuotteet ovat erilaisia nostolaitteita, kuten koukkulaitteita, takalaitanostimia, ajoneuvotrukkeja ja kuormausnostureita.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Kaikki tässä osiossa esitellyt tuotelanseeraukset tuottavat pitkän aikavälin myönteisiä vaikutuksia laitteiden käyttäjien ja niiden ympärillä liikkuvien ihmisten turvallisuuden parantamiseksi. Vuoden aikana Hiabin takalaitanostinten liiketoimintadivisioona lanseerasi useita uusia ratkaisuja.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Hiabin tuotteiden loppukäyttäjät ovat tyypillisesti yhtiön laitteita käyttäviä asiakkaiden työntekijöitä. Kielteiset vaikutukset liittyvät enimmäkseen yksittäisiin terveys- ja turvallisuustilanteisiin, jos laitetta käytetään ohjeiden vastaisesti.”

Annual report 2025A · The company itself

HKFoods OyjSector unknown

Market · strengthens · strength 2/3

“Sen asiakkaita ovat vähittäiskauppa-, food service-, teollisuus- ja vientisektorit.”

Annual report 2025A · The company itself

HMS Networks ABSector unknown

Market · strengthens · strength 2/3

“HMS – ett ledande företag inom industriell ICT(Information & Communication Technology) HMS utvecklar och tillverkar mjukvara och hårdvara för industriell informations- och kommunikationsteknik.”

Annual report 2024A · The company itself

Holmen AktiebolagSector unknown

Strategy · strengthens · strength 2/3

“Holmen strävar efter att upprätthålla en bra kostnadsposition genom storskalig produktion i välinvesterade produktionsanläggningar, effektiva logistiklösningar och god kontroll över försörjningen av virke och energi. Tillsammans med långvariga kundrelationer och starka produktvarumärken ökar det möjligheten att upprätthålla en hög produktion även vid svårare marknadsförhållanden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Each of our businesses help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer, as well as more secure and sustainable.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We globally manage our business operations through four reportable business segments: Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions.”

Annual report 2025A · The company itself

HP Inc.Sector unknown

Market · strengthens · strength 2/3

“Personal Systems Personal Systems offers desktops, notebooks, and workstations (including HP’s portfolio of AI PCs and workstations), thin clients, retail point-of-sale (“POS”) systems, displays, hybrid systems, software, solutions including endpoint security and services.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“If we fail to manage the distribution of our products and services properly, our business and financial performance could suffer. We use a variety of distribution methods to sell our products and services around the world, including third-party resellers and distributors and both direct and indirect sales to enterprise accounts and consumers. Successfully managing our global, multi-tier distribution network including the interaction of our direct sales and indirect channel sales efforts to reach potential customer segments for our products and services is a complex process.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Personal Systems For the fiscal years ended October 31 2025 2024 2023 Dollars in millions Net revenue $ 38,532 $ 36,195 $ 35,684 Earnings from operations $ 2,054 $ 2,253 $ 2,129 Earnings from operations as a % of net revenue 5.3% 6.2 % 6.0% The components of net revenue and the weighted net revenue change by business unit were as follows: Weighted Net Revenue Change Percentage Points(1) 2025 2024 2023 2025 2024 In millions Commercial PS $ 27,438 $ 25,486 $ 24,712 5.4 2.1 Consumer PS 11,094 10,709 10,972 1.1 (0.7) Total Personal Systems $ 38,532 $ 36,195 $ 35,684 6.5 1.4 (1) Weighted Net Revenue Change Percentage Points measures contribution of each business unit towards overall segment revenue growth.”

Annual report 2025A · The company itself

Hubbell IncorporatedSector unknown

Market · strengthens · strength 2/3

“Recognized for our innovation, quality, and deep commitment to serving our customers for over 135 years, Hubbell is a world-class manufacturer of electrical and utility solutions, with more than 75 brands used around the world. We provide utility and electrical solutions that enable our customers to operate critical infrastructure reliably and efficiently, and we empower and energize communities through innovative solutions supporting energy infrastructure In Front of the Meter, on The Edge, and Behind the Meter.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Products of the Electrical Solutions segment have applications in the non-residential, light industrial, heavy industrial, datacenter, electric transmission and distribution, and renewables markets. Electrical Solutions segment products are typically used in and around industrial, commercial and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Customers We have an extensive customer base of distributors, wholesalers, electric utilities, OEMs, electrical contractors, telecommunications companies and retail and hardware outlets. We are not dependent on a single customer, however, our top ten customers account for approximately 42% of our Net sales.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The increase includes 7.2% growth in organic net sales, driven by a mid single digit percentage increase in price realization and a low single digit percentage increase in unit volumes. This was partially offset by a 0.1% decline from foreign currency exchange. Volume growth was driven primarily by strength in the datacenter and light industrial markets, partially offset by softness in the non-residential and heavy industrial markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The increase in organic net sales was driven by a low single digit percentage increase in unit volumes and a low single digit percentage increase in price realization. Volume growth was driven primarily by strength in renewables markets and datacenter balance-of-system products, while industrial markets were solid and non residential markets were soft.”

Annual report 2025A · The company itself

Humble Group ABSector unknown

Market · strengthens · strength 2/3

“Dotterbolagen delas in i tre huvudkategorier: producenter som driver fabriker där produkter tillverkas och utvecklas, varumärken som utvecklar, designar och marknadsför produkter samt distributörer som hanterar lager, försäljning och distribution till slutkunder.”

Annual report 2024A · The company itself

Huntington BancsharesSector unknown

Market · strengthens · strength 2/3

“Our target clients span from mid-market to large corporate customers across a national footprint.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Asset Finance serves our clients’ capital expenditure and working capital needs through equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“("HII" or the "Company") is a global, all-domain defense partner, building and delivering the world's most powerful, survivable naval ships and technologies that safeguard America's seas, sky, land, space, and cyber.”

Annual report 2025A · The company itself

HYDROGENPRO ASASector unknown

Market · strengthens · strength 2/3

“world’s ten largest hydrogen projects: the Salzgitter project in Germany and the Advanced Clean Energy Storage   with Andritz, to Salzgitter AG, one of Europe’s largest steel    world’s largest clean hydrogen hub, and is a Joint Venture between Chevron USA and Mitsubishi Power.  store, and deliver green hydrogen, with the capacity to convert and store up to 100 metric tons of clean hydrogen   of energy, for dispatch back to the grid when needed.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“HydrogenPro is the sole supplier of electrolyzer systems to these projects, alongside several other suppliers of different equipment and services.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“HydrogenPro and its subsidiaries (the “Company” or “HydrogenPro”) aim to become a world-leading provider of high-pressure alkaline electrolyzer technologies & solutions that meet the highest standards for safety, reliability, and long service life.”

Annual report 2024A · The company itself

HÖEGH AUTOLINERS ASASector unknown

Market · strengthens · strength 2/3

“Currently, our largest supplier is the shipyard involved in our newbuilding program.”

Annual report 2024A · The company itself

IDEX BIOMETRICS ASASector unknown

Market · strengthens · strength 2/3

“Principal markets The Company has identified three main verticals with an accelerating need for biometric identity solutions: banking and payment, enterprise security and public services.”

Annual report 2024A · The company itself

IDEX CorporationSector unknown

Market · strengthens · strength 2/3

“The Company’s largest end markets include industrial, life sciences, energy, water, fire suppression, semiconductor, automotive and aviation, chemical, paint dispensing and food and beverage.”

Annual report 2025A · The company itself

Ilkka OyjSector unknown

Driver · strengthens · strength 2/3

“Vuosikertomus 2025 Markkinointi-investointien kehitysnäkymät Eurooppalaisten markkinointipäättäjien näkymät vuoteen 2028 ovat optimistiset. Noin 72 % yrityksistä odottaa markkinointibudjettien suhteellisen osuuden kasvavan.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Ilkan markkinointija teknologiayhtiöt palvelevat erikokoisia, pääsääntöisesti suuria ja keskisuuria yritysasiakkaita, julkishallinnon sekä kolmannen sektorin toimijoita markkinoinnin-, myynnin ja viestinnän saralla.”

Annual report 2025A · The company itself

Incap OyjSector unknown

Market · strengthens · strength 2/3

“We support our customers ranging from large multinationals and midsized companies to small start-ups in their complete manufacturing value chain.”

Annual report 2025A · The company itself

Indutrade AktiebolagSector unknown

Driver · weakens · strength 2/3

“Bland de större kundsegmenten var utvecklingen inom infrastruktur och anläggning samt till viss del verkstadsindustrin dämpad.”

Annual report 2024A · The company itself

Driver · strengthens · strength 2/3

“Generellt sett är Indutrades bolag kapitallätta och investeringsbehoven för att växa är låga.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Årsredovisning 2024 | Indutrade 17 Förvärv 2024 pure! är ett specialiserat teknikhandelsbolag inom industriell tryckluftsbehandling och processfiltrering. Bolagets produkterbjudande omfattar tryckluftstorkar, filterelement och filterhus, kvävgasgeneratorer och efterkylare samt eftermarknadstjänster som underhåll, reparation och reservdelar. pure! erbjuder sina produkter till flera olika industrier och slutmarknader, inklusive allmän industri, life science samt livsmedelsindustri. pure! har 30 anställda och är baserat i Diez, Tyskland.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“LYFTonline) är ett teknikhandelsbolag som erbjuder lyftutrustning och komponenter till den nordiska marknaden. Bolaget har ett omfattande produktutbud inom lyftredskap mot industrin, vilket bland annat inkluderar vakuumlyftar, lyftok och kransystem.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Hansa Engineering är ett teknikhandelsbolag specialiserat på industriella sprayprocesser, såsom befuktning, kylning, ytbehandling och rengöring. Bolaget arbetar dessutom med specifika applikationer inom miljö- och processteknik, bland annat rökgasrening, rökgaskondensering och tanklagringsutrustning.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“SDT är ett specialiserat teknikhandelsbolag inom kundanpassade produkter för motion control och mjukvara för automationsstyrning.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Den 29 oktober förvärvades Tidyco Ltd., Storbritannien, med en årsomsättning om 180 mkr. Tidyco är en komponenttillverkare och teknisk handelspartner inom hydraulik och pneumatik.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Process, Energy & Water Den 31 maj förvärvades inkråmet i Beratherm AG, Schweiz, med en årsomsättning om 55 mkr. Beratherm erbjuder ett brett sortiment av kemitekniska lösningar för ytbehandling.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Den 11 november förvärvades PG Flowteknik Scandinavia ApS, Danmark, med en årsomsättning om 80 mkr. PG Flowteknik är ett teknik handelsbolag som erbjuder en diversifierad portfölj av komponenter för instrumentering och processtyrning.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Den 29 november förvärvades Hansa Engineering AB, Sverige, med en årsomsättning om 60 mkr. Hansa Engineering är ett teknikhandelsbolag specialiserat på industriella sprayprocesser, såsom befuktning, kylning, ytbehandling och rengöring.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kundbasen består främst av maskinbyggare inom många olika branscher, men även av slutanvändare som använder produkterna i sina egna produktionslinjer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna återfinns inom flera olika branscher och är verksamma inom segment som allmän verkstadsindustri, VA, medicinteknik och energi.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“De största kundsegmenten är generell verkstadsindustri samt kemi-, livsmedels- och läkemedelsindustri.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Bolagen säljer industriell utrustning, verktyg, filter, hydraulik, fästelement och kemiteknik, i huvudsak till den allmänna verkstadsindustrin och fordonsindustrin.”

Annual report 2024A · The company itself

Ingersoll RandSector unknown

Market · strengthens · strength 2/3

“Our Segments Industrial Technologies and Services We design, manufacture, market and service a broad range of air and gas compression and treatment equipment, vacuum and blower products, fluid transfer equipment, loading systems, power tools and lifting equipment, and other specialized equipment including associated aftermarket parts, consumables and services. We primarily sell under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle, and over 35 other brands. Our customers deploy our products across a wide array of applications in diverse end-markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Compressors are used to increase the pressure of air or gas, vacuum products are used to remove air or gas in order to reduce the pressure below atmospheric levels, and blower products are used to produce a high volume of air or gas at low pressure. Almost every manufacturing and industrial facility, and many service and process industry applications, use air compression, vacuum and blower products in a variety of process-critical applications such as the operation of pneumatic tools, pumps and motion control components, air and gas separation, vacuum packaging of food products and aeration of waste water, among others.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our power tools and lifting equipment portfolio includes electric and cordless fastening systems, pneumatic bolting tools, drilling and material removal tools, hoists, winches and ergonomic handling devices. Typical applications for these products include the precision fastening of bolted joints in the production, assembly and servicing of industrial machinery, on-highway and off-highway vehicles, aircraft, electronics and other equipment.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We have sales in all major geographic markets and our diverse customer base utilizes our products across a wide array of end-markets, including life sciences, food and beverage production, clean energy, industrial manufacturing, infrastructure, water and wastewater treatment, and many others.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Industrial air compressors compress air used to power machinery, industrial tools, material handling systems and automated equipment. Compressed air is also used in applications as diversified as snow making and fish farming, on high-speed trains and in hospitals.”

Annual report 2025A · The company itself

Instalco ABSector unknown

Market · strengthens · strength 2/3

“Koncernens verksamhet inkluderar projektering, installation, service, underhåll av fastigheter och anläggningar för kunder inom både den privata och oentliga sektorn. Genom disciplinerna el, VS, ventilation, industri, automation och teknikkonsult erbjuder koncernen energi- och kostnadseektiva helhetslösningar för våra kunder. Instalcos tjänster omfattar ombyggnationer, nyinstallationer och renoveringar av tekniska system samt service inom alla discipliner.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunder inom industriverksamhet efterfrågar tjänster inom industriella systemlösningar, exempelvis installation av processelektronik och industriella rörledningar.”

Annual report 2024A · The company itself

Insulet CorporationSector unknown

Market · strengthens · strength 2/3

“Substantially all of our commercialized Drug Delivery revenue consists of sales of a customized version of our product for use in Amgen’s Neulasta Onpro kit under an agreement that expires in December 2028.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Substantially all of the Company’s Drug Delivery revenue consists of sales of pods to Amgen for use in the Neulasta® Onpro® kit, a delivery system for Amgen’s Neulasta to help reduce the risk of infection after intense chemotherapy.”

Annual report 2025A · The company itself

IntelSector unknown

Market · strengthens · strength 2/3

“Our customers primarily include OEMs, ODMs, CSPs, and other manufacturers and service providers, such as industrial and communication equipment manufacturers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“DCAI Overview DCAI delivers workload-optimized solutions based upon our x86 architecture for data centers, including CPUs, AI accelerators, NICs, IPUs, and custom ASICs, enabling performance and scalability for cloud, enterprise, telecommunication and HPC environments. Our direct customers include global CSP/hyperscalers and OEMs.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“However, one of our core strategic priorities is to leverage our U.S.-based capabilities in leading-edge semiconductor process technology development and manufacturing and advanced packaging to become a trusted foundry partner to third-party semiconductor customers. Potential customers include traditional fabless semiconductor companies in the computing, smartphone, cloud services, automotive, communications, aerospace and defense markets, as well as hyperscalers and the U.S. government. Our foundry offerings provide these external organizations with the ability to design and manufacture their semiconductor products using our process technologies and related packaging, assembly and test services, and also enable customers to utilize our advanced packaging services for wafers produced by other foundries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“BUSINESS Introduction Intercontinental Exchange, Inc. is a leading global provider of technology and data to a broad range of customers including financial institutions, corporations and government entities. Our products, which span major asset classes including futures, equities, fixed income and U.S. residential mortgages, provide our customers with access to mission critical tools that are designed to increase asset class transparency and workflow efficiency.”

Annual report 2025A · The company itself

International PaperSector unknown

Driver · weakens · strength 2/3

“In North America, market demand was weaker than expected throughout most of the year as economic uncertainty from tariffs, slower housing starts, weaker consumer sentiment and lower industrial production negatively impacted box demand.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“These products support customers in industries such as food and beverage, agriculture, industrial manufacturing, personal care pharmaceuticals and consumer goods.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Demand for our products is closely correlated with non-durable industrial goods production, as well as with demand for e-commerce, processed foods, poultry, meat and agricultural products.”

Annual report 2025A · The company itself

Intrum ABSector unknown

Market · strengthens · strength 2/3

“Uppdragsgivare Våra uppdragsgivare är företag inom olika branscher som vi hjälper att få betalt. Uppdragsgivarna omfattar allt från multinationella företag till små och medelstora företag.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Troax mission är att utveckla hållbara, högkvalitativa och innovativa säkerhetslösningar som skyddar människor, egendom och processer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Helägda rörelser Bemsiq Group Caljan Hultafors Group Innovalift Nord-Lock Group Swegon Latour Industries ÖvrigA innehav Latour Future Solutions Delägda innehav Börsportfölj Alimak Group ASSA ABLOY CTEK Fagerhult HMS Networks Nederman Securitas Sweco TOMRA Troax Vision Latours vision är att vara ett hållbart och attraktivt val för långsiktiga investerare som önskar god avkastning.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Samtliga affärsområden har ledande positioner i sina respektive nischer med företag som utvecklar, tillverkar och marknadsför egna produkter gentemot kundsegment som svarar för en stor och växande internationell efterfrågan.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Detta blev extra tydligt genom affärsområdets två senaste förvärv, kanadensiska Armstrong och QEL, båda med starka erbjudanden inom lösningar för gasdetektering i kommersiella och industriella miljöer. Det handlar om applikationer som ger möjlighet att övervaka och förhindra farliga utsläpp i exempelvis parkeringsgarage, gruvor, kemisk industri, servicehallar och avfallsanläggningar. – Ett starkt erbjudande som breddar helhetslösningen och värdet för kunderna, inte bara i Nordamerika, utan också vidare globalt via våra dotterbolag i bland annat Indien och Dubai.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kort om hultafors group Hultafors Group är en ledande koncern av premiumvarumärken med en gemensam vision, "Improving how the world works". Portföljen omfattar ett brett utbud av hållbara kvalitetsprodukter för den professionella användaren; från arbetskläder, skor och skyddsutrustning till handverktyg, stegar och arbetsutrustning.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nyckeln ligger i innovativa lösningar för högsta möjliga säkerhet. G enom produkter som Nord-Locks killåsningsbricka och Expanders ledaxel har Nord-Lock Group skapat en standard för maximal säkerhet och tillförlitlighet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“den bransch vi verkar handlar det inte om att välja något som förhoppningsvis fungerar, utan det handlar om att välja det som fungerar med hundra procents säkerhet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“LATOUR ÅRSREDOVISNING 2024 61 industrirörelsen Boltight erbjuder precisionslösningar för säker och effektiv bultförspänning inom krävande industrier som energi, offshore och tung industri.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kort om Nord-Lock Group Nord-Lock Group fokuserar på kunder inom alla större industrier där kraven på kvalitet och säkerhet är höga och konsekvenserna vid fel skulle vara betydande.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“LATOUR ÅRSREDOVISNING 2024 69 industrirörelsen Latour Industries Aktuella affärsenheter Densiq Group Densiq Group är en helhetsleverantör av avancerad tätningsteknik för processindustrin och OEM.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“MAXAGV MAXAGV är en pionjär och ledande leverantör av system av mobila robotar och mjukvara för godshantering och internlogistik. Företaget har de senaste 35 åren installerat tusentals mobila robotar världen över inom ett stort antal branscher och användningsområden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“SensEnode Sensenode har utvecklat en komplett IoT-lösning med tillhörande SaaSplattform för energieffektivisering inom alla typer av industrier.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Fagerhult DESIGNAR och tillverkar innovativa och energieffektiva belysningslösningar för professionella miljöer under tolv varumärken i fyra affärsområden – Collection, Premium, Professional och Infrastructure.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“HMS marknadsför industriella kommunikationslösningar under varumärkena Anybus®, Ewon®, Ixxat®, Intesis®, Owasys®, Red Lion® och PEAK- System®.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nedermans lösningar skyddar människor, miljö och produktion från skadliga effekter av industriella processer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Securitas är världens näst största leverantör av säkerhetstjänster, med verksamhet på 44 marknader och ett erbjudande som sträcker sig från bevakning till teknisk säkerhet.”

Annual report 2024A · The company itself

INVISIO ABSector unknown

Market · strengthens · strength 2/3

“Kompletta system för olika behov och målgrupper Intercom-systemet Intercom-systemet möjliggör enkel och effektiv internkommunikation i och runt fordon, båtar och helikoptrar, till en kostnad som betydligt understiger traditionella lösningar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Fortsatt stark utveckling för Racal Acoustics Den höga aktivitetsnivån på marknaden för tyngre militära fordon medförde under året en fortsatt stark efterfrågan på produkter sålda under varumärket Racal Acoustics. Inte minst märktes detta på den nordamerikanska marknaden.”

Annual report 2024A · The company itself

ISS A/SService

Market · strengthens · strength 2/3

“Our prioritised customer segments We have prioritised four global segments where ISS can best leverage its strengths, and our focus on workplace experience creates the greatest value. These segments comprise knowledge-based industries, where attracting and engaging talent is critical to success: Financial services Professional services Technology Life sciences To maximise growth across ISS’s full portfolio, countries may also pursue opportunities outside these global segments, based on local capabilities, market conditions and attractive business cases.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In 2025, ISS strengthened its customer portfolio with a series of significant new partnerships across key markets. ISS won ten new contracts, including European contracts with Danish-based companies like COWI, covering 11 countries and 44 offices, and Velux covering 12 countries in Northern, Central & Southern Europe.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Key customer segments include Office-based customers in Information & Communication and Financial Services; and Production-based customers in Industry & Manufacturing and Pharmaceuticals; and Healthcare.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Key customer segments include Office-based customers in Technology and Financial Services, as well as Production-based customers in Industry & Manufacturing and Life Sciences.”

Annual report 2025A · The company itself

Jacobs SolutionsSector unknown

Strategy · strengthens · strength 2/3

“Challenge accepted In February 2025, we launched Challenge Accepted, our multi-year growth strategy designed to sharpen our focus and accelerate our performance. Aligned with our long-term financial framework, this strategy positions us to drive profitable growth and deliver scalable, full lifecycle solutions across water and environmental, life sciences and advanced manufacturing, and critical infrastructure.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“With a global team of approximately 43,000, we provide end-to-end capabilities across advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In doing so, we combine deep experience in the following end markets - Critical Infrastructure, Water & Environmental and Life Sciences & Advanced Manufacturing.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our end-to-end services span advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water.”

Annual report 2025A · The company itself

JEUDAN A/SReal estate

Input · weakens · strength 1/3

“Jeudan har udarbejdet en indkøbspolitik og en skaepolitik, jf. princip 10.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Jeudan skal levere et kvalitetsmæssigt og konkurrencedygtigt tilbud indenfor serviceydelser til Jeudans erhvervskunder.”

Annual report 2025A · The company itself

K-Fast Holding ABSector unknown

Market · strengthens · strength 2/3

“K-Prefab har även en betydande extern försäljning till den svenska byggindustrin.”

Annual report 2024A · The company itself

Kalmar OyjSector unknown

Market · strengthens · strength 2/3

“Kalmar Oyj on yksimarkkinajohtajista raskaiden materiaalien käsittelylaitteissa.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Merparten av gruppbolagen riktar sin försäljning mot andra företag (B2B) främst inom industri, vilket innebär att efterfrågan från industriella köpare är särskilt betydelsefull. En försvagning av industrikonjunkturen, framförallt i Sverige och Finland, riskerar att ha negativ inverkan på resultat och finansiella ställning.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Ojop erbjuder cirka 300 olika excenterlås under fyra varumärken som riktar sig både mot OEM-tillverkare och slutanvändare i Sverige och internationellt. Företaget har 20 anställda och har kunder i ett 50-tal länder.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna återfinns primärt inom den finska verkstadsindustrin.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“KL Mechanics är en precisionstillverkare av komponenter med fokus på bearbetning. Bolaget erbjuder mångsidiga, omfattande tjänster med hög kapacitet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Timekas kärnkunder är globala maskintillverkar som kräver flera steg i produktionsprocessen av Timeka.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“OJOPs produkter används inom en rad olika sektorer, inklusive transport, bygg, industri, ventilation och säkerhet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“NE Engineering är en specialiserad precisionstillverkare som grundades 2009. De tillverkar komplexa komponenter för krävande miljöer till kunder inom en rad olika sektorer, bland annat undervattenstelekom, olja och gas, förnybar energi och avgasrening, samt flyg- och fordonsindustrin.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Region Nord, 2,1 miljarder SEK, 2,4% CAGR Region Syd, 15,3 miljarder SEK, 2,0% CAGR | ÅRSREDOVISNING 2024 Produkter och tjänster som bidrar till rättssäkerheten Karnov Group tillhandahåller affärskritiska kunskaps- och arbetsflödeslösningar för yrkesverksamma inom juridik, skatt och redovisning samt miljö- och hälsoskydd i Europa.”

Annual report 2024A · The company itself

KeyCorpSector unknown

Market · strengthens · strength 2/3

“Credit Risk We have concentrated credit exposure in commercial and industrial loans, commercial real estate loans, and commercial leases. As of December 31, 2025, approximately 72% of our loan portfolio consisted of commercial and industrial loans, commercial real estate loans, including commercial mortgage and construction loans, and commercial leases.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The Commercial operating segment is a full-service, commercial banking platform that focuses primarily on serving the borrowing, cash management, and capital markets needs of middle market clients within Key’s 15-state branch footprint.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The industry coverage and product teams have established expertise in the following sectors: Consumer, Energy, Healthcare, Industrial, Public Sector, Real Estate, and Technology.”

Annual report 2025A · The company itself

KH Group OyjSector unknown

Market · strengthens · strength 2/3

“KH-Koneet on Pohjoismaiden johtavia rakennus- ja maansiirtokoneiden toimittajia. Yhtiö myy ja vuokraa kokonaisvaltaisesti laitteita, varusteita ja palveluita maanrakennuksen, kiinteistöhuollon ja materiaalinkäsittelyn tarpeisiin.”

Annual report 2025A · The company itself

Kimberly-ClarkSector unknown

Market · strengthens · strength 2/3

“Products for professional use are sold through distributors, directly to manufacturing, lodging, office building, food service, and high-volume public facilities, and through e-commerce.”

Annual report 2025A · The company itself

KITRON ASASector unknown

Market · strengthens · strength 2/3

“Within the Industry sector, Kitron operates and delivers a complete range of services within industrial applications like automation, environmental, material warehousing and security. The Industry sector consists of three main product areas: control systems, electronic control units and automation.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“The sector accounted for 23 per cent of the group’s total revenues.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“We have strong, long-term relationships with large multinational customers. They are often market leaders in their industries.”

Annual report 2024A · The company itself

KKR & Co.Sector unknown

Driver · strengthens · strength 2/3

“For the year ended December 31, 2025, net investment gains (losses) were primarily generated in the following asset classes: •Private Equity (including core private equity), which were primarily impacted by overall positive operating performance of certain portfolio companies.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Strategic Holdings Operating Earnings currently consists of earnings derived from dividends that the firm receives from businesses acquired through the firm’s participation in our core private equity strategy.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Across these strategies, we provide financing and capital solutions to high-quality corporates and asset owners around the world, spanning both investment grade and non-investment grade opportunities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Third-party clients of our capital markets business include multi-national corporations, public and private companies, financial sponsors, mutual funds, pension funds, sovereign wealth funds, and hedge funds globally.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“SEGMENT REPORTING KKR operates through three reportable segments which are presented below and reflect how its chief operating decisionmakers, who are the Co-Chief Executive Officers, allocate resources and assess performance: •Asset Management - The asset management business offers a broad range of investment management services to investment funds, vehicles and accounts (including Global Atlantic and the Strategic Holdings segment) and provides capital markets services to portfolio companies and third parties.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“vehicle market as well as industrial appli-     -          AUTOMOTIVE % OF KA REVENUES PER REGION ORGANIZATIONS MARKETS NON-AUTOMOTIVE ORIGINAL EQUIPMENT MANUFACTURERS (OEMs) AGRICULTURE TIER 1 CONSTRUCTION AFTERMARKET INDUSTRIAL AREAS -            emis- -  -  47% 37% 12% 4% Contents CHANNELS CUSTOMER RELATIONSHIPS                         important supplier and development partner.”

Annual report 2024A · The company itself

KONGSBERG GRUPPEN ASASector unknown

Input · weakens · strength 2/3

“For å sikre kapasitet til å levere eksisterende ordrereserve og å møte fremtidig etterspørsel investeres det i økt kapasitet både i og utenfor Norge.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Et høydepunkt i fjor var definitivt åpningen av den nye missilfabrikken Nexus, på Kongsberg.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Med nesten 2 300 leverandører, jobber vi med store og små selskap i en rekke land og over hele Norge.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Avtalen med Yara var en viktig milepæl, da vi utvidet Kognitwin til et nytt markedssegment.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“I Kongsberg Maritime inntektsføres leveransene fra divisjonene Integration & Energy og Automation & Control hovedsakelig i forhold til fremdrift over tid. Begrunnelsen for dette er at leveransene har stor kundetilpasning og ikke har noe alternativt bruksområde for Kongsberg Maritime.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“The focus is on mid-market customers who require a straightforward and reliable solution for consolidation and reporting.”

Annual report 2025A · The company itself

Koskisen OyjSector unknown

Market · strengthens · strength 2/3

“The Sawn Timber Industry segment’s revenue amounted to EUR 203.9 (139.7) million and EBITDA to EUR 14.3 (7.2) million.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The products are used in construction, packaging and furniture industries.”

Annual report 2025A · The company itself

Kreate Group OyjSector unknown

Driver · strengthens · strength 2/3

“Markkinaa kasvattavat laaja-alaisesti julkiset väylähankkeet, teollisuuden investoinnit kuten datakeskukset sekä muut turvaluokitellut ja julkaisemattomat hankkeet.”

Annual report 2025A · The company itself

KrogerSector unknown

Strategy · strengthens · strength 2/3

“We own 33 food production plants, primarily bakeries and dairies, which supply approximately 20% of Our Brands units sold in our supermarkets; the remaining Our Brands items are produced to our strict specifications by outside manufacturers.”

Annual report 2026A · The company itself

LabcorpSector unknown

Market · strengthens · strength 2/3

“Drug development services businesses like BLS typically derive most of their revenue from R&D expenditures, as well as marketing expenditures, of the pharmaceutical and biotechnology industries.”

Annual report 2025A · The company itself

LennarSector unknown

Market · strengthens · strength 2/3

“Commercial Mortgage Origination Our LMF Commercial subsidiary originates and sells into securitizations first mortgage loans, which are secured by income producing commercial properties. The loans generally are between $5 million and $50 million each.”

Annual report 2025A · The company itself

Lennox InternationalSector unknown

Market · strengthens · strength 2/3

“In addition, our products are used to cool a wide variety of industrial processes, including data centers, machine tooling, and other critical cooling applications.”

Annual report 2025A · The company itself

Lifco AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Denna verksamhet utgörs av affärsområdet Dental och bolagen inom division kontraktstillverkning som producerar medicintekniska produkter. av omsättningen kommer från hållbarhetsrelaterade produkter och tjänster av omsättningen bidrar till FN:s globala mål 3 49,5% 28,4% Introduktion Medarbetare Intressentdialoger Styrning Policyer Kärnvärden Taxonomin Lifcos verksamhet Merparten av de produkter som Lifco säljer är verktyg, instrument, maskiner och tillbehör som används av andra industriföretag i deras verksamhet samt förbrukningsvaror och utrustning som används av tandläkarkliniker. Lifcos dotterbolag karaktäriseras av stark specialisering samt hög produktkvalitet och servicenivå vilket kräver goda arbetsmiljöer och arbetsvillkor. Affärsområdena Demolition & Tools och Systems Solutions, som tillsammans svarar för 76% av koncernens omsättning, utför i huvudsak sammansättning av inköpta komponenter till färdiga slutprodukter.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“I affärsområdet Demolition & Tools ingår världsledande bolag som tillverkar nischutrustning till infrastruktur-, rivnings-, bygg- och skogsindustrierna.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Inom affärsområdet Demolition & Tools finns bland annat Brokk som är världsledande på rivningsrobotar och Kinshofer som är en ledande leverantör av tillbehör till grävmaskiner och kranar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“De största kundgrupperna är tandläkarkliniker samt industriföretag inom verkstad, infrastruktur, bygg och anläggning.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Affärsområdet Demolition & Tools Bolagen inom Demolition & Tools är verksamma inom utveckling, tillverkning samt försäljning av nischutrustning till infrastruktur-, rivnings- och byggindustrierna.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nettoomsättning per medarbetare 3,72 -5,1% 3,92 10,7% 3,54 Rivningsrobotar Verktyg till grävmaskiner och kranar Övriga nischmaskiner 19% 24% 57% 12% 13% 10% 28% 17% 13% 2% 5% Sverige Tyskland Italien Storbritannien Nordamerika Innehållsförteckning VD-kommentar Förvärvsprocess Aktien Dental Kontraktstillverkning De svenska bolagen Leab, Texor och Zetterströms Rostfria utför kontraktstillverkning av produkter för olika branscher, bland annat verkstadsindustrin och medicinteknik. Bolagen fokuserar på tillverkning av produkter där kraven på kvalitet och leveransservice är höga och där tillverkningen är en viktig del i produktens värdekedja.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“De största kundgrupperna utgörs av tandläkarkliniker, industriföretag inom verkstad, infrastruktur, bygg och anläggning i Europa.”

Annual report 2024A · The company itself

Linde plcSector unknown

Driver · weakens · strength 2/3

“In addition, many of Linde’s customers are in businesses that are cyclical in nature, such as the chemicals and energy, and metals and mining end markets. Downturns in these industries may adversely impact Linde during these cycles.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Engineering Linde’s Engineering business has a global presence, with its focus on market segments such as air separation, hydrogen, synthesis, olefin and natural gas plants. The company utilizes its process engineering expertise in the planning, design and construction of efficient plants for the production and processing of gases.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In the tech sector, customers expect easy access to information and seamless integrations - transparent, reliable, and automated communications, reinforcing trust while simplifying complex processes.”

Annual report 2024A · The company itself

Loews CorporationSector unknown

Market · strengthens · strength 2/3

“CNA’s products and services are primarily marketed through independent agents, retail and wholesale brokers and managing general underwriters to a wide variety of customers, including small, medium and large businesses, insurance companies, associations, professionals 5 Table of Contents and other groups.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Commercial Commercial works with a network of retail and wholesale brokers and independent agents to market a broad range of property and casualty insurance products to all types of insureds, targeting small business, construction, middle market and other commercial customers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Customers: Boardwalk Pipelines serves a broad mix of customers, including end-use customers, such as electric power generators, local distribution companies, industrial and petrochemical users and exporters of LNG. Boardwalk Pipelines also contracts with other customers, including producers and marketers of natural gas and interstate and intrastate pipelines, who, in turn, provide transportation and storage services for end-users.”

Annual report 2025A · The company itself

Lowe'sSector unknown

Market · strengthens · strength 2/3

“Branches Lowe’s has over 540 branch locations that serve larger Pro customers. Our nationwide branch locations specialize in the delivery and installation of building materials for residential and commercial projects, while providing reliable local service and trusted expertise.”

Annual report 2026A · The company itself

LumentumSector unknown

Market · strengthens · strength 2/3

“We contract with a number of large OEM and end-user service providers and product companies that have considerable bargaining power, which may require us to agree to terms and conditions that could have an adverse effect on our business or ability to recognize revenues. Large OEM and end-user service providers and product companies comprise a significant portion of our customer base.”

Annual report 2026A · The company itself

Luotea OyjSector unknown

Market · strengthens · strength 2/3

“Luotea tuki ja kehitti asiantuntijapalveluillansa arvoketjun alkupäässä asiakkaidensa syntypaikkalajittelua ja muuta kiertotalouteen liittyvää toimintaa, jotta asiakkaiden jätteet ja sivuvirrat saadaan ohjattua kierrätykseen. Luotea toimittaa asiakkailta erilliskerätyt jätejakeet mahdollisimman korkean jalostusasteen hyödyntämiseen.”

Annual report 2025A · The company itself

M&T BankSector unknown

Driver · weakens · strength 2/3

“Factors that influence the Company’s credit loss experience include: (i) overall economic conditions affecting businesses and consumers, generally; (ii) the impact of commercial and residential real estate values on loans to real estate builders and developers and other loans secured by such real estate; (iii) the concentration of commercial real estate loans in the Company’s loan 29 portfolio, including construction loans, loans secured by office, retail, health services, hospitality and multifamily properties and loans secured by property in the New York City and certain other large metropolitan areas; (iv) the concentration of commercial and industrial loans to businesses in the Northeastern and Mid-Atlantic regions of the U.S.; (v) the repayment performance associated with first and second lien loans secured by residential real estate; and (vi) the size of the Company’s portfolio of loans to individual consumers, which historically have experienced higher net charge-offs as a percent of loans outstanding than loans to other types of borrowers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“•Average commercial and industrial loans grew $2.6 billion reflecting higher average balances of loans to financial and insurance companies and motor vehicle and recreational finance dealers. •Average commercial real estate loans declined $5.3 billion as the Company executed various strategies to reduce its relative concentration of such loans.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Commercial and industrial loans, including leases, represented 46% of total loans at December 31, 2025.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The Institutional Services business provides a variety of trustee, agency, investment management and administrative services for corporations and institutions, investment bankers, corporate tax, finance and legal executives, and other institutional clients who: (i) use capital markets financing structures; (ii) use independent trustees to hold assets; and (iii) need investment and cash management services.”

Annual report 2025A · The company itself

MAGNORA ASASector unknown

Market · strengthens · strength 2/3

“I expect increasing demand for ready-to-build projects from industrial companies, utilities and infrastructure investment funds.”

Annual report 2024A · The company itself

Driver · strengthens · strength 2/3

“Marknaden för elmateriel är främst beroende av elinstallationsmarknaden som i sin tur är beroende av byggnation- och industriinvesteringar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Malmbergs försäljning är inriktad på tekniska produkter och tjänster och huvuddelen är ”business-to-business” och riktar sig till slutkunder inom byggbranschen och till industrierna samt till övriga branscher, bland annat GDS-marknaden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Koncernens intäkter genereras från försäljning av elmateriel som bland annat omfattar installationsmateriel, industrikomponenter, normprodukter, fläktar och värmeprodukter, belysningsmateriel, solceller, EV-laddare, datatillbehör, nätverksmateriel, kabel, elcentraler för byggarbetsplatser, värmefläktar, portabla elverk, värmekabelprodukter, strålkastare, verktyg, stegar, arbetskläder och hembelysning.”

Annual report 2024A · The company itself

Mangold ABSector unknown

Market · strengthens · strength 2/3

“Inom Investment Banking agerar vi rådgivare inom aktiemarknadstransaktioner, företagsobligationer och annan lånefinansiering, företagsöverlåtelser med mera.”

Annual report 2024A · The company itself

Marsh McLennanSector unknown

Market · strengthens · strength 2/3

“Marsh Risk is an insurance broker and risk advisor, offering risk management, insurance broking, insurance program management, risk consulting, analytical modeling and alternative risk financing services to a wide range of businesses, government entities, professional service organizations and individuals in over 130 countries.”

Annual report 2025A · The company itself

Marvell TechnologySector unknown

Market · strengthens · strength 2/3

“Our comprehensive Ethernet switch portfolio addresses enterprise campus, enterprise data center, industrial, carrier, cloud and AI system applications.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Our Ethernet controllers and network adapters are optimized to accelerate and simplify data center and enterprise networking.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“The OCTEON DPUs and processors are targeted for use in a wide variety of carrier, data center, and enterprise equipment, including routers, switches, security UTM appliances, content-aware switches, application-aware gateways, wireless access points, 3G/4G/5G wireless base stations, storage arrays, smart network interface controllers, network functions virtualization (“NFV”) and software-defined networking (“SDN”) infrastructure.”

Annual report 2026A · The company itself

MastercardSector unknown

Market · strengthens · strength 2/3

“We also offer solutions designed to enable businesses or governments to make invoiced payments to businesses with whom they have a trusted relationship for goods and services. As part of our solutions, we offer a platform to optimize supplier payment enablement campaigns for financial institutions.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The following chart provides gross dollar volume (“GDV”) and number of cards featuring our brands in 2025 for select programs and solutions: GDV Cards Year Ended December 31, 2025 As of December 31, 2025 Mastercard-branded Programs 1 (in billions) % Increase from December 31, 2024 (Local) % of Total GDV (in millions) % Increase from Consumer Credit $ 3,878 8 % 37 % 1,083 3 % Consumer Debit and Prepaid 2 5,349 9 % 50 % 2,134 11 % Commercial Credit and Debit 1,405 11 % 13 % 174 14 % 1Excludes Maestro and Cirrus cards and volume generated by those cards.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Commercial We offer commercial credit, debit and prepaid payment products and solutions that meet the payment needs of large corporations, midsize companies, small businesses and government entities at the point of sale. Our point-of-sale solutions streamline procurement and payment processes, manage information and expenses (such as travel and entertainment) and reduce administrative costs.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Examples include digital wallet providers, point-of-sale financing/buy-now-pay-later providers, mobile operator services, mobile phone-based money transfer and microfinancing services, device manufacturers, B2B accounts payable and accounts receivable providers. •Digital Public Infrastructure and Other Government-Backed Solutions.”

Annual report 2025A · The company itself

Meta PlatformsSector unknown

Market · strengthens · strength 2/3

“Sales and Operations The majority of our marketers use our self-service ad platform to launch and manage their advertising campaigns. We also have a global sales force that is focused on attracting and retaining advertisers and providing support to them throughout the stages of the marketing cycle from pre-purchase decision-making to real-time optimizations to post-campaign analytics.”

Annual report 2025A · The company itself

MetLifeSector unknown

Market · strengthens · strength 2/3

“Group Benefits We have built a leading position in the U.S. group insurance market through long-standing relationships with many of the largest employers in the U.S. Our Group Benefits segment, based in the U.S., offers life insurance, dental, group short- and long-term disability, paid family and medical leave, individual disability, accidental death and dismemberment (“AD&D”) insurance, accident & health insurance, and vision, as well as prepaid legal plans and pet insurance.”

Annual report 2025A · The company itself

METSO OYJSector unknown

Market · strengthens · strength 2/3

“Metso recognizes revenue from contracts with customers and reports under two segments: Minerals and Aggregates. Revenue for 2025 was EUR 5,240 million, of which EUR 3,974 million is attributable to Minerals, and EUR 1,266 million attributable to Aggregates.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Revenue breakdown Metso’s total sales in 2025 were EUR 5,240 million (2024: EUR 5,026 million). Minerals’ sales accounted for 76% (2024: 76%) while the remaining 24% came from Aggregates (2024: 24%).”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“G1 Responsible business conduct A strong growth culture is essential for achieving Metso’s strategic objectives, and ensuring responsible business conduct. The focus areas for people and culture in the strategy period 2026-2030 are customercentric growth culture, engaged Metsonites and industry-leading capabilities.”

Annual report 2025A · The company itself

Metsä Board OyjSector unknown

Input · weakens · strength 2/3

“These actions are expected to improve Metsä Board’s annual EBITDA by approximately EUR 30 million.”

Annual report 2025A · The company itself

Mettler ToledoSector unknown

Market · strengthens · strength 2/3

“Industrial Instruments We manufacture numerous industrial weighing instruments and related terminals and offer dedicated software solutions for the pharmaceutical, chemical, food, discrete manufacturing, and other industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Table of Contents Customers and Distribution Our principal customers include companies in the following key end-markets: the life science industry (pharmaceutical and biotech companies, as well as independent research organizations and testing labs); food manufacturers; chemical, specialty chemicals, and cosmetics companies; the academic community; food retailers; the transportation and logistics industry; the metals industry; and the electronics industry.”

Annual report 2025A · The company itself

Micron TechnologySector unknown

Market · strengthens · strength 2/3

“Client: Our products sold to the client PC market support both commercial and consumer PC unit growth. The next generation PCs contain high-performance neural processing chipsets, as well as AI.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Industrial: Growing adoption of IoT devices, automation, machine-to-machine communication, and smart infrastructure across sectors, such as manufacturing, transportation, surveillance, and retail, is driving demand for industrial memory solutions. High-reliability and high-performance memory solutions are critical for these applications.”

Annual report 2025A · The company itself

MicrosoftSector unknown

Market · strengthens · strength 2/3

“Server products revenue increased 1% primarily driven by higher purchases of licenses running in multi-cloud environments, offset in part by continued customer shift to cloud. • Enterprise and partner services revenue increased $500 million or 6% driven by growth in Enterprise Support Services.”

Annual report 2026A · The company itself

Midsummer ABSector unknown

Market · strengthens · strength 2/3

“Bolaget utvecklar, tillverkar och säljer solpaneler till en bred kundbas inom flera sektorer, från industri- och kommersiella fastigheter till offentliga verksamheter, privatpersoner samt tak- och solcellsinstallatörer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Midsummer BOLD är kompatibel med platta, lutande och välvda takkonstruktioner, vilket gör den idealisk för kommersiella fastigheter, industribyggnader, lagerlokaler, idrottsarenor men också flerbostadshus och privata bostäder.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Bolaget har under 2024 påbörjat ett arbete med att styra om försäljningen från den svenska privatmarknaden mot kommersiella och industriella byggnader både nationellt och internationellt.”

Annual report 2024A · The company itself

Mips ABSector unknown

Market · strengthens · strength 2/3

“Not 2 Intäkternas fördelning Bolagets intäkter utgörs primärt av försäljning av komponentkit till hjälmtillverkare.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Sport, Motorcykel och Säkerhet, vilka tillsammans representerar en fokusmarknad om 195 miljoner hjälmar.”

Annual report 2024A · The company itself

Momentum Group ABSector unknown

Market · strengthens · strength 2/3

“Vi utvecklar och förvärvar framgångsrika hållbara företag Momentum Group är en ledande börsnoterad industrigrupp som idag består av mer än 30 företag som erbjuder hållbara produkter, tjänster och lösningar till kunder inom industri och industriell infrastruktur i Norden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nordens marknadsledande leverantör av industrikomponenter och tjänster med fokus på industriförbättringar till eftermarknaden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Affärsöversikt Affärsområden Aktien Styrning och kontroll Hållbarhetsrapport Finansiella rapporterStrategi Affärsområden Affärsområde Industry 19 Affärsområde Infrastructure 24 Affärsområden Affärsområde Industry Bolagen inom affärsområde Industry erbjuder komponenter och närliggande tjänster till främst eftermarknadskunder och inbyggare inom indu strisektorn i Norden. Bolagen är framför allt åter försäljare men med vissa inslag av egna produkter och systembyggnation med stort fokus på industriförbättringar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“I samverkan med flera partner • SKF (lagra) • Renold (kedjor) • Klüber (smörjmedel) • SKF LSS (smörjsystem) Specialist Bolagen inom Specialist har ledande positioner inom nischade marknader som hydraulik, pneumatik och automation. De erbjuder försäljning, underhåll och kundanpassad tillverkning av tekniska komponenter och system, till framför allt eftermarknadskunder och inbyggare.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Till not 21 Finansiella risker och riskhantering Marknad och konjunktur Momentum Group-koncernens kunder utgörs till största delen av industriföretag i framför allt Sverige och även Norge, Danmark och Finland.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“End Markets and Applications We design and develop our products for the storage and computing, enterprise data, automotive, communications, consumer, and industrial end markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We believe that the application of our products in the storage and computing, enterprise data, automotive, industrial, communication and consumer end markets will continue to account for the majority of our revenue.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Moreover, we believe a high percentage of our products are eventually sold to a number of original equipment manufacturers (“OEMs”) and original design manufacturers (“ODMs”). Although we communicate with OEMs and ODMs to achieve “design wins,” which are decisions by OEMs and ODMs to incorporate our products, we do not have purchase commitments from these customers.”

Annual report 2025A · The company itself

Monster BeverageSector unknown

Market · strengthens · strength 2/3

“Currently, the primary flavors for our Monster Energy® Drinks segment are developed and manufactured at the AFF facilities in Southern California and Athy, Ireland. Bang Energy® beverages and certain of our other energy drink products are manufactured at our facilities in Phoenix, Arizona and Norwalk, California.”

Annual report 2025A · The company itself

Morgan StanleySector unknown

Market · strengthens · strength 2/3

“Business Segments We are a global financial services firm that maintains significant market positions in each of our business segments: Institutional Securities, Wealth Management and Investment Management.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Institutional Securities provides a variety of products and services to corporations, governments, financial institutions and ultra-high net worth clients.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Lending activity in our U.S. Bank Subsidiaries from the Institutional Securities business segment primarily includes Secured lending facilities, Commercial and Residential real estate and Corporate loans.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We provide loans and lending commitments to a variety of customers, including large corporate and institutional clients, as well as high to ultra-high net worth individuals.”

Annual report 2025A · The company itself

Mosaic Company (The)Sector unknown

Market · strengthens · strength 2/3

“Our potash products are marketed worldwide to crop nutrient manufacturers, distributors and retailers and are also used in the manufacturing of mixed crop nutrients and, to a lesser extent, in animal feed ingredients. We also sell potash to customers for industrial use.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our potash sales to non-agricultural users are primarily to large industrial accounts and the animal feed industry. Additionally, in North America, we sell potash for de-icing and as a water softener regenerant.”

Annual report 2025A · The company itself

MSCISector unknown

Market · strengthens · strength 2/3

“Our client types include: •Asset managers, including managers of institutional funds and accounts, mutual funds, ETFs, and other public-market strategies, as well as private-markets general partners •Banks and brokerages, including banks, broker-dealers, custodians, proprietary market makers and fund administrators •Asset owners, including pension funds, endowments, foundations, investment consultants, central banks, sovereign wealth funds and single family offices •Hedge fund managers, including of equity hedge funds, fixed income hedge funds, multi-strategy hedge funds and multi-manager hedge funds •Wealth managers, including wealth management divisions of broker-dealers, RIAs, private banks, multi-family offices, digital wealth and brokerage platforms •Insurance companies, including reinsurers •Others, including exchanges; vendors; real estate professionals, such as brokers, agents and developers; academic institutions; and corporates, including public and private companies, and their advisors As of December 31, 2025, we served approximately 6,800 clients1 in more than 100 countries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Opførelse af nyt hovedsæde til Grundfos i Bjerringbro”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Trods den stigende konkurrence har MT Højgaard Danmark formået at fastholde og udbygge sin position som en af landets største aktører inden for nybyggeri, primært på store og/eller komplekse projekter. Denne del af markedet er især drevet af projekter for Forsvaret, den farmaceutiske industri og store danske industrivirksomheder.”

Annual report 2025A · The company itself

Multiconsult ASASector unknown

Market · strengthens · strength 2/3

“Energy & Industry includes planning and construction of industrial facilities and installations, which in addition to traditional industrial developments, includes onshore aqua-culture facilities, hydropower and dams as well as wind and solar power generation. The portfolio also covers electrical grid distribution and transmission.”

Annual report 2024A · The company itself

Munters Group ABSector unknown

Market · strengthens · strength 2/3

“Munters är en global ledare inom energieffektiva och hållbara klimatlösningar. Munters lösningar säkerställer kontroll av temperatur och luftfuktighet, vilket är verksamhetskritiskt för kunderna.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Väsentliga risker och osäkerhetsfaktorer I maj stängde Munters förvärvet av Airprotech, en italiensk tillverkare av VOC (Volatile Organic Compounds) reningssystem. Det utökar Munters Clean Technologies och möjliggör renare produktion för europeiska industrier.”

Annual report 2024A · The company itself

NCAB Group AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Ungefär hälften av kunderna är verksamma inom industrisektorn, varav de flesta tillverkar elektroniska system till avancerade industriprodukter. Vi har även kunder i branscher som flygteknik, försvar, fordonsindustri, datakommunikation, medicin, energi, järnväg, säkerhetskritiska sektorer och telekom.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Vår verksamhet i USA är uppbyggd av ett antal förvärv och kunderna är främst verksamma inom industri och medicinteknik. NCAB har här en större andel EMS-kunder än i resten av koncernen.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“NCAB fokuserar på mönsterkort till High-mix, low-volume -segmentet (”HMLV”), som representerar cirka 30 procent av den globala marknaden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Viljan att ta oss an industrins miljöutmaningar med innovativa lösningar och kostnadseffektiv produktion har lett till kontinuerlig expansion och en världsledande position inom industriell luftrening.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Försäljning av produkter Nederman erbjuder ett brett sortiment av standardprodukter som löser vanligt förekommande problem relaterade till rök, gas, partiklar, materialå-tervinning, arbetsmiljö och effektiv produktion.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Försäljning av lösningar (projektförsäljning) Lösningar utgörs antingen av enskilda produkter i Nedermans sortiment som sätts samman till mindre eller medelstora kundanpassade system, eller till stora systemlösningar med högt inslag av specialanpassningar. Båda typerna har som uppgift att lösa komplexa uppgifter. Försäljningen sker genom Nedermans egna säljare.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Försäljning av service och eftermarknad Genom att erbjuda kvalificerad service med god tillgänglighet bidrar Neder-man till att säkerställa en kontinuerlig drift utan dyrbara avbrott av kunder-nas produktion. Utöver teknisk service omfattar området även servicekon-trakt, reservdelar och förbrukningsvaror.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nederman Extraction & Filtration Technology Utvecklar och säljer ett brett utbud av filter och övervakningstjänster, infångningsdon, fläktar, högvakuumprodukter och rullar för distribution av vätskor och tryckluft.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nederman Monitoring & Control Technology Utvecklar och erbjuder avancerad mätteknik och en IoT-plattform som förser kunderna med information och insikter om kritiska parametrar och processer. Nederman Process Technology Utvecklar och erbjuder tjänster och avancerade filterlösningar som är integrerade i kundföretagens produktionsprocesser där de fångar skadliga partiklar och gaser.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunder Kunderna utgörs av industrier och verksamheter med luftföroreningar som måste tas om hand på ett effektivt och säkert sätt, bland annat metallbearbetning, fiberbaserad industri (trä och komposit), fordonsverkstäder och industrier där det förekommer dammpartiklar som – om de inte tas om hand på rätt sätt – orsakar explosioner samt kan leda till sjukdomar och förtida dödsfall om de kommer in i lungor och blodomlopp.”

Annual report 2024A · The company itself

NEL ASASector unknown

Market · strengthens · strength 2/3

“Nel’s product offerings are key enablers for a renewable hydrogen economy, making it possible to decarbonize various industries such as transportation, refining, steel, and ammonia.”

Annual report 2024A · The company itself

NetcompanyIT consulting

Market · strengthens · strength 2/3

“Large scale multi-year projects At any given point in time, Netcompany will be implementing a number of solutions with our clients. The number of ongoing projects is typically around 250-300 at any given time during the year. Naturally, some are larger than others and the projects will be in different phases of their lifecycle.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The organic growth was driven by 7.4% growth in revenue from the public sector and 8.4% growth in revenue from the private sector.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Raw materials Data centre hostingComponents Solution use-phaseHardware and software Hardware recyclingOwn operations Freelancers Netcompany E1 Nature S1 Employees G1 Business Partners Mining companies and recyclers E1 Nature S2 Workers E1 Nature S2 Workers Manufacturers Business partners E3 Nature Recyclers E5 Nature S2 Workers Public institutions, EU, and businesses S4 End-users, data subjects, civil society Hardware assembly, distributors S2 Workers Car leasing companies E1 Nature We deliver IT services, products, and platforms to private and public clients across Europe.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“For public sector clients, we develop systems across healthcare, social services, justice, infrastructure, and governance, including citizen portals, benefit platforms, e-court systems, transportation applications, and customs and taxation services. Our private sector solutions encompass e-commerce platforms, billing systems, case management, CRM, and enterprise risk management for businesses and trade unions.”

Annual report 2025A · The company itself

Driver · weakens · strength 2/3

“Division Infraservices visade bra tillväxt under 2024 men mötte en allt mer konkurrensutsatt marknad under året vilket också påverkade lönsamheten.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Under 2024 fattade vi viktiga strategiska beslut genom att dels bredda kundkretsen till industriföretag, dels expandera erbjudandet till geografiskt närliggande fylken.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“2.Nya kunder Vi har under 2024 utökat vår kundbas inom Kraft till industriföretag och fått nya kunder inom Telekom.”

Annual report 2024A · The company itself

News Corp (Class A)Sector unknown

Market · strengthens · strength 2/3

“Professional Information Products The Dow Jones segment’s professional information products, which target enterprise customers, combine news and information with technology and tools that inform decisions and aid awareness, research, understanding and compliance. These products consist of its Dow Jones Risk & Compliance, Dow Jones Energy, Factiva and Dow Jones Newswires products.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Factiva is a leading provider of global business content, built on an archive of important original and licensed publishing sources. Factiva offers content from over 33,000 global news and information sources from over 200 countries and territories and in 33 languages. This combination of business news and information, plus sophisticated tools and AI-powered solutions, helps professionals find, monitor, interpret and share essential information.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Dow Jones also provides news, business information and data to enterprise customers through these news products, as well as its enterprise-focused products described under “Professional Information Products” below.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Advertising Revenues Advertising revenues increased $22 million, or 6%, for the fiscal year ended June 30, 2026 as compared to fiscal 2025 due to $24 million of higher digital advertising revenues driven by the technology and financial services sectors.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“The company has a diversified customer base, which includes Biometric technology companies, POS manufacturers, biometric HW manufacturers and Government ID providers.”

Annual report 2024A · The company itself

NextEra EnergySector unknown

Market · strengthens · strength 2/3

“A majority of NEER's revenues are derived from sales of energy, capacity, credits and ancillary products under long-term PPAs to customers located in wholesale electricity markets.”

Annual report 2025A · The company itself

NIBE Industrier ABSector unknown

Market · strengthens · strength 2/3

“ÄR ENKELT ATT INSTALLERA, DRIVA OCH UNDERHÅLLA ALLT FLER INSTALLERAR VENTILATIONSSYSTEM Flera större aktörer som idrottshallar, industrilokaler, kyrkor med flera har moderniserat sina fastigheter med värme, kyla och ventilation.  Värme,luftkonditioneringochventilationutgörnågraavdestörstautgiftsposternaochävennågraavdestörstamiljöaspekternaförkommersiellafastigheter. MedNIBEGroupshållbaradigitalavärmepumpslösningarkanhelaanläggningen förinomhuskomfortautomatiserasochfjärrstyras.Värmepumparnagerenergibesparingäveniväntelägeochenheternaharaktivakylmodulersomgerutmärkt luftkonditionering.  I flerfamiljshus kan lägenheterna antingen ha individuell eller gemensam uppvärmning,menibådafallenkanmanhaengemensamcentralförkontroll ochövervakningmedNIBEskonceptlösningarsomgörattmankanoptimera energianvändningenifastigheten.Värmepumpenproducerarvärmeochvarmvattensamtmöjliggörsåvälluftkonditioneringsomventilation.  Offentligabyggnaderhartraditionelltvärmtsuppmedolja,gasellerkol.Detfinns fortfarande väldigt många byggnader med sådan uppvärmning som behöver bytasutmotrenare,modernareochmiljövänligareteknik.NIBEerbjuderklimatiseringbaseradpåexempelvisgeotermiskenergi,vilketgagnarsåvälmiljösom driftsekonomi.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Vår produktutveckling i samarbete med affärspartners inom transportsektorn resulterarkontinuerligtinyalösningarförenergioptimeringochstyrning.Vifinns representeradeiindustrinmedutvecklingochtillverkningavkomponenteroch lösningar för intelligent uppvärmning och styrning. Många företag, inom vitt skildabranscher,vilkakräverolikalösningarförsinaspecifikaprodukterharhittat sinindustripartneriNIBEGroup. *  Idagensmodernakökfinnsmångahushållsapparatersomanvändsflitigt. Flertalet av dem, somtill exempelkaffemaskin, ugn och diskmaskin, är utrustademedkomponenterfrånNIBEGroup,vilkabidrartillattanvändningenblirsåenergieffektivsommöjligt.  Attvärmasinbostadmedenvärmepumpärettavdemestenergieffektiva och miljövänliga sätten som finns att tillgå. Detta ger en godekonomiochspararmiljönförsåväldagenskonsumentersomför kommandegenerationer.Kombineratmedvattenburengolvvärmeger detocksåettbehagligtinomhusklimat.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Den internationella marknaden för klimatiseringsprodukter i kommersiella fastigheter blir allt viktigare. Genom ett antal av de senaste årens förvärv har vår konkurrenskraft inom dessa produktkategorierökat. Vi ser en stor potential såväl inom framtida nyproduktion som vid utbyte till modern teknik, både i Sverige och internationellt. Vi utvecklar kontinuerligtbådeproduktsortimentochorganisationförattstärkavårmarknadspositioninomdetta område.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Våra OEM-kunder (Original Equipment Manufacturer), inom exempelvis HVAC, hushållsapparaterochkommersiellutrustning,ingåralltoftareistörreglobalaföretagsgrupper med inköpssamordning. Gruppernas inköp administreras i hög grad centralt,men ocksågenomregionalaleverantörer.Därförärdetviktigtattetablera godarelationerpåcentral,somregionalochlokalnivå.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nightingale Healthin verianalyysiteknologiaa voivat hyödyntää niin yksityisen ja julkisen terveydenhuollon toimijat, diagnostiikka-alan toimijat, henkivakuutusyhtiöt, erikoissairaanhoidon palveluntarjoajat kuin lääketieteellisestä tutkimusta tekevät yliopistot ja tutkimuslaitokset.”

Annual report 2025A · The company itself

Nike, Inc.Sector unknown

Market · strengthens · strength 2/3

“We rely on a concentrated base of contract manufacturers to supply a significant portion of our footwear products.”

Annual report 2026A · The company itself

NiSourceSector unknown

Market · strengthens · strength 2/3

“In particular, sales to large industrial customers, such as those in the steel, oil refining, industrial gas and related industries, are impacted by economic downturns and recession; geographic or technological shifts in production or production methods; and other changes in consumer demand, including due to a preference for environmentally friendly products and practices.”

Annual report 2025A · The company itself

NNIT A/SIT consulting

Market · strengthens · strength 2/3

“The region further reinforced its market position through SCALES, which maintained its status as Denmark’s largest provider of Microsoft Dynamics 365 for Finance & Operations (D365FO), securing multiple new contracts during the year.”

Annual report 2025A · The company itself

Nolato AktiebolagSector unknown

Market · strengthens · strength 2/3

“Bolagen i koncernen utvecklar och tillverkar produkter i polymera material som plast, silikon och TPE till ledande kunder inom medicinteknik, läkemedel, konsumentelektronik, telekom, fordon och andra utvalda industrisektorer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Engineered Solutions: Design, utveckling, industrialisering och produktion av avancerade komponenter, delsystem och färdigförpackade produkter för en mängd olika industrier, inklusive erbjudanden inom EMC och termiska lösningar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Globala företag inom Fordon och Industri som exempelvis: › Bosch › Brose › Continental › Geberit › Husqvarna › Kinnarps Globala företag inom Konsumentelektronik och Materials som exempelvis: › Bosch › Delphi › Dyson › Ericsson › Google › Gore › Harman › Huawei › Jabra › Nokia › PSS › Sonos › Sony › Magna › Verisure › ZTE › MCT Brattberg › Scania › SKF › Volvo › Volvo Cars Produkter Produktlivscykel: Medel/lång Exempel på områden och produkter Fordon Komponenter till laddboxar, exteriöra detaljer, fläktkomponenter, packningar och inredning.”

Annual report 2024A · The company itself

NORBIT ASASector unknown

Market · strengthens · strength 2/3

“The PIR segment offers R&D services and products, and contract manufacturing to key customers.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“PIR Strong demand within contract manufacturing ^ Reported NOK 543.1 million in revenues in 2024, a growth of 32 per cent from 2023, driven by industrial clients within contract manufacturing. The EBIT margin for the year was 10 per cent.”

Annual report 2024A · The company itself

Norconsult ASASector unknown

Market · strengthens · strength 2/3

“The Group also supports energy producers and energy transmission and distribution, manufacturers and heavy industries in optimising processes.”

Annual report 2024A · The company itself

Nordea Bank AbpSector unknown

Market · strengthens · strength 2/3

“Vi har ett stort utbud inom finansiering, sparande och placeringar, och vi arbetar nära företagen för att balansera långsiktiga mål och utmaningar i omvärlden. Som en av de ledande i Norden inom hållbar finansiering till företag är vi stolta över att spela en nyckelroll genom att stödja den nordiska omställningen.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“På företagssidan är vårt mål att bygga vidare på vårt starka renommé genom att vinna ytterligare marknadsandelar.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Våra fyra affärsområden tillgodoser behoven hos olika kundsegment – från hushåll och småföretag till några av de största företagen i Norden med hela världen som marknad.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“I Large Corporates & Institutions tillhandahåller vi en rad finansiella lösningar till stora nordiska företag och institutionella kunder.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Utsikterna för tillverkningsindustrin är fortfarande svaga till följd av fortsatt politisk osäkerhet och allmänt dämpad världshandel.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Nordic is very well positioned, enabling scalable and reliable connectivity for asset tracking, smart metering, and industrial IoT in general. The need for smart manufacturing, predictive maintenance, and connected logistics, Nordic’s low power Bluetooth LE, cellular IoT, DECT NR+, and Wi-Fi solutions offer scalable and reliable connectivity.”

Annual report 2024A · The company itself

NOTE AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Kunderna är verksamma inom segmenten Industrial, Communication, Medtech och Greentech.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“NOTE delar in sin försäljning i fyra kundsegment. En beskrivning av dessa finns under Detta är NOTE, på sidan 2.”

Annual report 2024A · The company itself

NOVOTEK AktiebolagSector unknown

Market · strengthens · strength 2/3

“KUNDER Novoteks kunder har en bred spridning vad gäller branschtillhörighet och storlek. Kunderna är allt från konsulter, Original Equipment Manufacturers (OEM), systemintegratörer till slutanvändare av Novoteks lösningar, produkter och tjänster. Slutanvändare är såväl stora exportföretag som kommuner eller mindre företag.”

Annual report 2024A · The company itself

NOVOZYMES A/SBioscience

Market · strengthens · strength 2/3

“Household Care 801.2 ... 35 % of total sales in Planetary Health Biosolutions”

Annual report 2025B · From the report

Market · strengthens · strength 2/3

“Biosolutions help keep clothes clean with lower energy and water use”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Organic sales growth 74 % of divisional sales 7 % Organic sales growth 35 % of divisional sales 10 % Organic sales growth 26 % of divisional sales 6 % Organic sales growth 65 % of divisional sales 35.8 % Adjusted EBITDA margin 45 % of total sales 6 % Organic sales growth 38.2 % Adjusted EBITDA margin Business Our business model This page contains CSRD disclosure requirement: SBM-1.”

Annual report 2025A · The company itself

NP3 Fastigheter ABSector unknown

Market · strengthens · strength 2/3

“I Falun ligger även en av NP3s största fastighet till area och fastighetsvärde, Främby 1:56. Ursprungligen producerades axlar till lastbilar och bussar på fastigheten. Fastigheten har idag utvecklats till en blandning av verksamheter såsom industri, idrott, utbildning, handel med mera.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“I kategorin äger bolaget fastigheter primärt inom så kallad lätt industri vilket är verksamheter som kräver mindre maskinanläggningar. De tre största hyresgästerna inom kategorin industri är Polismyndigheten, Assemblin El och Fortifikationsverket som tillsammans står för 5 procent av kategorins totala hyresvärde.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Här kan nämnas börsnoterade Synsam som 2022 flyttade sin glasögontillverkning från Asien till ett nytt produktions- och innovationscenter på Frösön utanför Östersund, och som sedan 2024 är en hyresgäst till NP3.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“De tre största hyresgästerna i affärsområdet utgörs av BGA Group, Trelleborg Sealing Solutions och PostNord. per ort Antal fastigheter per ort Timrå 17 (17) Härnösand 6 (6) Sollefteå 7 (6) Sandviken 7 (7) Bollnäs 6 (6) Söderhamn 3 (3) Huvudorterna i affärsområdet utgörs av Falun och Borlänge där fastighetsbeståndet på dessa två orter utgör 79 procent av affärsområdets hyresvärde.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“De största hyresgästerna inom affärsområdet utgörs av Assemblin El, K-Rauta och Plantagen.”

Annual report 2024A · The company itself

NRC GROUP ASASector unknown

Market · strengthens · strength 2/3

“Additionally, there are some private clients within industry and logistics.”

Annual report 2024A · The company itself

NRG EnergySector unknown

Market · strengthens · strength 2/3

“Customers NRG sells to a wide variety of customers, primarily end-use customers in the residential, commercial and industrial, and wholesale sectors. The Company owns and operates power plants to generate and sell power to wholesale customers, such as utilities and other intermediaries.”

Annual report 2025A · The company itself

NucorSector unknown

Market · strengthens · strength 2/3

“The steel mills segment sells its products primarily to steel service centers, fabricators and manufacturers located throughout the United States, Canada and Mexico.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“These bars are purchased by the appliance, automotive, construction equipment, electric motor, farm machinery and fluid power industries, as well as by service centers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Nucor fasteners are used in a broad range of markets, including automotive, machine tool, farm implement, construction and military applications.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Demand was strong in several key end markets, including infrastructure, data centers, energy, and advanced manufacturing, while interest rate sensitive markets such as automotive and residential construction experienced softer conditions.”

Annual report 2025A · The company itself

NXP SemiconductorsSector unknown

Market · strengthens · strength 2/3

“Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The vast majority of our revenue is derived from sales to manufacturers in the Automotive, Industrial & IoT, Mobile, and Communication Infrastructure end markets.”

Annual report 2025A · The company itself

Old DominionSector unknown

Market · strengthens · strength 2/3

“More than 98% of our revenue has historically been derived from transporting LTL shipments for our customers, whose demand for our services is generally tied to industrial production and the overall health of the U.S. domestic economy.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our Industry Trucking companies provide transportation services to virtually every industry operating in the United States and generally offer higher levels of reliability and faster transit times than other surface transportation options.”

Annual report 2025A · The company itself

Omnicom GroupSector unknown

Market · strengthens · strength 2/3

“Revenue by Industry Revenue by industry sector: Year Ended December 31, 2025 2024 2023 Pharmaceuticals and Healthcare 15 % 16 % 16 % Food and Beverage 15 % 15 % 15 % Auto 12 % 12 % 12 % Consumer Products 9 % 10 % 8 % Financial Services 8 % 7 % 8 % Retail 8 % 6 % 6 % Technology 8 % 8 % 8 % Travel and Entertainment 7 % 7 % 7 % Government 3 % 4 % 4 % Telecommunications 3 % 3 % 4 % Services 3 % 3 % 2 % Oil, Gas and Utilities 2 % 2 % 2 % Not-for-Profit 1 % 1 % 1 % Education 1 % 1 % 1 % Other 5 % 5 % 6 % Total 100 % 100 % 100 % 25 Operating Expenses The year-over-year change in operating expenses:”

Annual report 2025A · The company itself

ON SemiconductorSector unknown

Market · strengthens · strength 2/3

“Our distributors provide fulfillment services and resell our products to OEMs, contract manufacturers, and other end-customers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Large multi-national companies and selected regional OEMs, which are significant in specific markets, form our core direct customers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Table of Contents End-Markets We serve a broad base of end-user markets, with a primary focus towards automotive and industrial.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“A significant portion of our sales are made to customers within the automotive industry and the industrial sector, and the demand for our products depends in part on the market conditions in these end-markets. Sales into the automotive and industrial end-markets represented approximately 51% and 28% of our revenue, respectively, for the year ended December 31, 2025.”

Annual report 2025A · The company itself

OneokSector unknown

Market · strengthens · strength 2/3

“Natural Gas Gathering and Processing - Our Natural Gas Gathering and Processing segment derives fees for services primarily from major and independent crude oil and natural gas producers, which include both large integrated and independent exploration and production companies.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In this segment, our downstream commodity sales customers are primarily utilities, large industrial companies, marketing companies and our NGL affiliate.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Natural Gas Liquids - Our Natural Gas Liquids segment’s counterparties are primarily NGL and natural gas gathering and processing companies; major and independent crude oil and natural gas production companies; utilities; large industrial companies; natural gasoline distributors; propane distributors; municipalities; and petrochemical, refining and marketing companies.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Natural Gas Pipelines - Our Natural Gas Pipelines segment’s customers are primarily local natural gas distribution companies, electric-generation facilities, large industrial companies, municipalities, producers, processors and marketing companies.”

Annual report 2025A · The company itself

ORKLA ASASector unknown

Market · strengthens · strength 2/3

“margin 12,3 % 11,1 % ROCE 14,4 % 12,4 % Kontantstrømkonvertering 124 % 127 % ESG 2024 Antall ansatte 5 157 Frekvens av registrerbare arbeidsrelaterte ulykker 5,54 Prosent ansatte som tjener mindre enn tilstrekkelig lønn 0,5 % Avfall omdirigert fra deponering 97 CEO: Johan Clarin Strategi for 2024–2026: Orkla Food Ingredients bygger et ledende europeisk og amerikansk matingrediensselskap rettet mot et stort, mangfoldig og robust marked. Aspirasjonen er å være en ledende leverandør av gode og bærekraftige løsninger som hjelper kundene å vinne.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“margin 6,8 % 6,2 % ROCE 11,4 % 10,8 % Kontantstrømkonvertering 86 % 106 % ESG 2024 Antall ansatte 4 007 Frekvens av registrerbare arbeidsrelaterte ulykker 6,9 Prosent ansatte som tjener mindre enn tilstrekkelig lønn 5,5 % Avfall omdirigert fra deponering 95,9 % Andel fornybar energi (markedsbasert) 50,6 % Orkla Food Ingredients leverer ingredienser til et bredt spekter av kunder innenfor bakeri-, iskremog plantebasert-markedene og har en ledende posisjon i Europa samt en plattform for vekst i USA.”

Annual report 2024A · The company itself

Outokumpu OyjSector unknown

Market · strengthens · strength 2/3

“The main customer segments are distributors (48% of sales), metal processing and tubes (16%), automotive (10%), heavy industries (1%), and appliances (8%).”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“(E5-5-MDR-M-77-(b)) Products and materials Outokumpu’s main products are semi-finished products of stainless steel and ferrochrome. While the stainless steel semi-finished products (mainly coils and plates) are used by Outokumpu’s customers to manufacture stainless steel products, ferrochrome is used as an ingredient in Outokumpu steel and other producers’ steel.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The primary end-use markets in the United States for corrugated products are shown below as reported in the 2024 Fibre Box Association annual report: Food, beverages, and agricultural products 40 % Retail and wholesale trade 29 % Chemical, plastic, and rubber products 11 % Paper and other products 10 % Miscellaneous manufacturing 10 % Competition As of December 31, 2025, we were the third largest producer of containerboard products in North America, according to industry sources and our own estimates.”

Annual report 2025A · The company itself

Palantir TechnologiesSector unknown

Strategy · strengthens · strength 2/3

“Table of Contents Customer Acquisition Our customer acquisition strategy generally targets large-scale, hard-to-execute opportunities at large government and commercial institutions. The high installation costs, high failure risks, complexity of data environments, and the long sales cycles associated with these opportunities raise the barriers to entry for competition. The larger, more complex, and more technologically demanding the problem, the more likely we are to succeed.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“An important part of our growth strategy is to increase sales of our platforms to large enterprises and government entities. Sales to large enterprises and government entities involve risks that may not be present (or that are present to a lesser extent) with sales to small-to-mid-sized entities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The Company’s operating segments are described below: •Commercial: This segment primarily serves customers working in non-government industries. •Government: This segment primarily serves customers that are U.S government and non-U.S. government agencies.”

Annual report 2025A · The company itself

Palo Alto NetworksSector unknown

Market · strengthens · strength 2/3

“Our end-customers operate in a variety of industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications.”

Annual report 2026A · The company itself

Parker HannifinSector unknown

Market · strengthens · strength 2/3

“Our Diversified Industrial Segment, which is an aggregation of several business units, sells highly engineered differentiated products to both OEMs and distributors who serve the aftermarket replacement markets.”

Annual report 2026A · The company itself

PayPalSector unknown

Market · strengthens · strength 2/3

“•Merchants: We help merchants connect with customers, increase conversion rates and sales, and grow their businesses in the markets where our services are available. We provide large enterprises and small and medium businesses with online branded checkout solutions, including PayPal and Venmo; online unbranded payments processing; PayPal buy now, pay later (“BNPL”) solutions; in-person point of sale solutions; business financing; payouts capabilities; and risk tools.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We offer credit products to a wide range of consumers and merchants in the U.S. and various international markets.”

Annual report 2025A · The company itself

Peab ABSector unknown

Strategy · strengthens · strength 2/3

“Vi strävar alltid efter att erbjuda kunden en helhetslösning genom nära samarbete mellan de olika koncernbolagen. Genom omfördelning av resurser inom koncernen kan vi snabbt ställa om utifrån marknadens behov.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Peab har ett brett marknadserbjudande till såväl privat som offentlig sektor med hela produktionskedjan från tillverkning av byggmaterial till färdiga hus och vägar.”

Annual report 2024A · The company itself

PentairSector unknown

Market · strengthens · strength 2/3

“The remaining approximately 34% of Flow sales were from the industrial solutions business, comprised of applications focused on industrial process and air filtration and sustainable gas.”

Annual report 2025A · The company itself

PEXIP HOLDING ASASector unknown

Market · strengthens · strength 2/3

“Large enterprises, such as those in banking, pharmaceuticals, and manufacturing, typically prefer hybrid or multi-cloud environments to balance security with flexibility and scalability. The growing demand for compliance and control has created a need for Pexip’s Secure Meeting solutions, especially in industries that handle sensitive data and must adhere to strict regulations like GDPR, HIPAA, or ISO.”

Annual report 2024A · The company itself

PfizerSector unknown

Strategy · strengthens · strength 2/3

“Manufacturing Optimization Program––The first phase of this multi-phased program is on track to deliver approximately $1.5 billion in net cost savings by the end of 2027, with approximately $600 million of net cost savings realized by year-end 2025.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Most of our revenues come from the manufacture and sale of biopharmaceutical products.”

Annual report 2025A · The company itself

Pinnacle West CapitalSector unknown

Market · strengthens · strength 2/3

“Table of Contents BUSINESS OF ARIZONA PUBLIC SERVICE COMPANY APS currently provides electric service to approximately 1.4 million customers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Commercial Commercial and Industrial Commercial and industrial loans comprised 59% and 56% of our total loan portfolio at December 31, 2025 and 2024, respectively.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Table 16: Commercial and Industrial Loans by Industry Dollars in millions Amount % of Total Amount % of Total Commercial and industrial Financial services $ 36,993 19 % $ 27,737 16 % Manufacturing 29,769 15 27,700 16 Service providers 24,159 12 21,881 12 Wholesale trade 19,263 10 18,399 10 Real estate related (a) 14,919 8 14,910 8 Technology, media and telecommunications 12,029 6 9,767 6 Retail trade 12,020 6 11,611 7 Health care 8,845 5 9,694 6 Transportation and warehousing 8,610 4 7,320 4 Other industries 29,116 15 26,771 15 Total commercial and industrial loans $ 195,723 100 % $ 175,790 100 % (a)Represents loans to customers in the real estate and construction industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Vid en demonstration i Göteborgs Hamn har PowerCells samt Hitachi Energys produkt HyFlex producerat kraft till en eldriven grävmaskin från Volvo Construction Equipment. Linde Gas har levererat grön vätgas för ändamålet. Demonstrationen syftade till att visa att tekniken är redo och kan ersätta nuvarande fossildrivna lösningar med hållbara vätgaselektriska lösningar i kommersiella tillämpningar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Utveckling av vätgasdriven dumperfordon Volvo Construction Equipment har åtagit sig att nå netto nollutsläpp i sin värdekedja till 2040. Ett led i att nå detta mål är utvecklingen av den vätgaselektriska dumpern HX04. Den drivs med grön vätgas och med vattenånga som enda utsläpp.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Vi ser stora möjligheter för våra vätgaselektriska lösningar inom flera olika segment av off-road marknaden där PowerCells produkter och lösningar skulle kraftigt kunna minska skadliga utsläpp av växthusgaser.”

Annual report 2024A · The company itself

PPG IndustriesSector unknown

Market · strengthens · strength 2/3

“PPG supplies paints, coatings and specialty products to customers serving a wide array of end-uses, including industrial equipment and components; packaging material; aircraft and marine equipment; automotive original equipment; automotive refinish and aftermarket; pavement marking products; as well as coatings for other industrial and consumer products.”

Annual report unknown yearA · The company itself

Market · strengthens · strength 2/3

“Direct to manufacturing companies and various coatings applicators PPG® Industrial Coatings Specifically formulated coatings, adhesives and sealants and metal pretreatments Appliances, agricultural and construction equipment, consumer electronics, building products (including residential and commercial construction), kitchenware, transportation vehicles and numerous other finished products.”

Annual report unknown yearA · The company itself

Precise Biometrics ABSector unknown

Market · strengthens · strength 2/3

“A: Ultrasonic kommer att expandera bortom sin nuvarande ensiffriga marknadsandel och växa från premiumsegmentet till mellanklassegmentet samt in i andra designfokuserade produkter såsom laptops och bilar.”

Annual report 2024A · The company itself

Prevas AktiebolagSector unknown

Market · strengthens · strength 2/3

“Verkstad Life Science Produkter & enheter Försvar Energi Fordon & transport Stål & Mineral Telekom Verkstadsindustrin förändras genom satsningar på kompetens och investeringar läkemedelsbranschen. Vi i bland annat hållbarhet, digitalisering och automati- Vårt fokus inkluderar bioteknik, medicinteknik och Produktutveckling integrerar avancerad elektronik, design, förser den globala markmjukvara och hållbarhetsaspekter.”

Annual report 2024A · The company itself

PROFILGRUPPEN ABSector unknown

Market · strengthens · strength 2/3

“Intäkter fördelade efter kundernas branschtillhörighet 2024 2023 Transport 730,4 841,4 Allmän industri 493,0 546,1 Bygg 416,1 473,6 Inredning 358,7 205,7 El 242,3 328,9 Grossister och övriga 31,3 43,4 2 271,8 2 439,1 Intäkter fördelade efter produkternas förädlingsgrad 2024 2023 Vidareförädlade produkter 1 698,2 1 850,7 Grossister och övriga 573,6 588,4 2 271,8 2 439,1 Information om geografiska marknader Försäljning sker i huvudsak till kunder i Europa där marknadsbetingelserna är likartade.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“We also offer business-related general liability and commercial property insurance predominantly for small businesses, workers’ compensation insurance primarily for the transportation industry, and other specialty property-casualty insurance and provide related services.”

Annual report 2025A · The company itself

PrologisSector unknown

Market · strengthens · strength 2/3

“Our scale and customer-focused strategy have driven us to expand the services we offer. Our 1.3 billion square foot portfolio serves as the foundation for a comprehensive platform of solutions that address the challenges our customers face in global fulfillment today. Through Prologis Essentials, we deliver solutions to support our customers’ operational, energy and sustainability needs.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“PSE&G earns revenues from its regulated rate tariffs under which it provides electric transmission and electric and natural gas distribution to residential, commercial and industrial (C&I) customers in its service territory.”

Annual report unknown yearA · The company itself

Qt Group OyjSector unknown

Market · strengthens · strength 2/3

“IAR’s solutions play a critical role in securing and accelerating the development of smart products in sectors such as automotive, industrial automation and medical devices.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Customers such as Harman, Vorwerk, Metso, and Siemens showcased their key insights on developing with Qt at this event.”

Annual report 2025A · The company itself

QualcommSector unknown

Market · strengthens · strength 2/3

“In IoT, our inventions have helped power technology advancements in industries and applications such as consumer (including personal computers (PCs), extended reality (XR) and other personal computing devices), edge networking (including mobile broadband and wireless access points) and industrial (including handhelds, retail, tracking and logistics and utilities).”

Annual report 2025A · The company itself

Railcare Group ABSector unknown

Strategy · strengthens · strength 2/3

“Vi har även lagt et ökat fokus på försäljning av maskiner.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“RAILCARE GROUP AB ÅRSREDOVISNING 2024 / ÅRET I KORTHET Året i korthet RAILCARE HÖJER SINA FINANSIELLA MÅL [Q1] MÖJLIGGÖR SATSNINGAR PÅ LOKVERKSTADEN [Q4] Railcare har ingåt avtal om at förvärva Y-etan AB, det bolag som äger fastigheten där Railcare idag bedriver sin lokverkstad i Långsele. Förvärvet är en del av Railcares långsiktiga strategi för at utveckla lokverkstaden i Långsele till at möta den stora eſterfrågan på marknaden.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Den senaste tiden har vi haft ett ökat fokus på maskinförsäljning för att kapitalisera på den kunskap vi byggt upp genom åren. Det är därför väldigt glädjande att vi nyligen fick en order från norska Baneservice på en Railvac-maskin.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Den erfarenhet som Railcare har byggt upp under åren kopplat till batteri- och vakuumteknik är unik. Det finns bolag som använder enklare vakuumteknik byggt på fläktkoncept, men dessa har betydligt lägre kapacitet än den metod Railcare har utvecklat. Inom detta område finns därför inga direkta konkurrenter att jämföra med.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Som järnvägsspecialist erbjuder vi spårunderhåll med egenutvecklade maskiner, transporter med egna lok och förare, lokoch vagnsverkstäder samt maskin- och teknikutveckling.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“maskiner, eftersom vakuumtekniken och dess kapacitet Bland transportverksamhetens privata kunder återfinns gruvbolag samt andra bolag som har behov av tillförlitliga transporter av tung och värdefull last, exempelvis Kaunis Iron och LKAB, där Railcare utgör en viktig del i logistikkedjan.”

Annual report 2024A · The company itself

Raisio OyjSector unknown

Market · strengthens · strength 2/3

“Vahvojen paikallisten perinnebrändiemme sekä viljapohjaisten teollisuus- ja suurkeittiöratkaisujen ensisijaisena tavoitteena on tuottaa vakaata rahavirtaa konsernin kasvun rahoittamiseksi.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Myynnin vaisua kehitystä selittää teollisen, kotimaisen B2B-myynnin arvon merkittävä, noin -15 %:n lasku ja toisaalta tästä johtuen myllyjen matampien tuotantomäärien aiheuttamat pienemmät sivuvirtavolyymit, joiden myynnin arvo laski samoin vertailukaudesta noin -19 %.”

Annual report 2025A · The company itself

Ratos ABSector unknown

Strategy · strengthens · strength 2/3

“Dimitris Gioulekas, medgrundare av- och tidigare vd för Knightec, som blir ny vd för Knightec Group, svarar: ”Vi ska utmana och rita om kartan för utveckling av nya produkter och digitala tjänster. Vi samlar erfarenheterna och kompetensen i båda bolagen och skapar ett bredare och djupare kunderbjudande i gränslandet mellan det industriella och digitala. Samtidigt ökar leveransförmågan och möjligheten att expandera till nya marknader.””

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Affärsområdet Industry består av två segment – Product Solutions och Industrial Services, och bolagen inom segmenten fokuserar på tekniklösningar och produkt utveckling inom industrin. De är verksamma i marknader med stark tillväxt, exempelvis teknik konsulttjänster, energi effektiv belysning, hållbara lättvikts konstruk tioner och förnybar energi, modern dagligvaruhandel, farmakologi och eftermarknads lösningar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Ratos är en svensk koncern med fokus på teknikoch infrastrukturlösningar. Koncernen består av tre affärsområden – Industry, Construction & Services och Consumer. miljarder SEK i omsättning* 2,3 miljarder SEK i justerad EBITA 10 900 anställda* * Exklusive Aibel.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Bolagets verksamhet Ratos är en svensk koncern med fokus på teknik- och infrastrukturlösningar.”

Annual report 2024A · The company itself

Raute OyjSector unknown

Market · strengthens · strength 2/3

“Suuren mittakaavan teollisuuskoneiden kehittäminen, valmistus ja toimittaminen niihin liittyvine palveluineen sekä pitkäaikaiset asiakassuhteet ja globaali huoltotoiminta muodostavat pohjan tunnistetuille ympäristöön, yhteiskuntaan ja hallintotapaan liittyville vaikutuksille, riskeille ja mahdollisuuksille.”

Annual report 2025A · The company itself

Realty IncomeSector unknown

Market · strengthens · strength 2/3

“(2)Our clients occupying the new properties are 70.4% retail, 29.1% industrial, and 0.5% other property types based on net operating income.”

Annual report 2025A · The company itself

RedditSector unknown

Market · strengthens · strength 2/3

“This is why Reddit is synonymous with product and service recommendations. For advertisers, we provide access to a unique and highly engaged audience where our trusted, passionate communities drive recommendations on brands and buying decisions.”

Annual report 2025A · The company itself

Driver · weakens · strength 2/3

“EYLEA HD was launched in August 2023 and entered the highly competitive environment described above. Our success in commercializing EYLEA HD will continue to depend on a number of factors, including the degree of success of our uptake efforts as compared to those of relevant competition, the extent to which we and our collaborators are able to differentiate EYLEA HD from competitive products (such as on the basis of dosing frequency, the method of administration, or the breadth of indications in which the product is approved), the safety and efficacy of EYLEA HD seen in a broader patient group (i.e., real-world use), the extent of payor coverage, reimbursement, and copay assistance, and the applicability of any restrictions imposed by payors, such as step therapy.”

Annual report 2025A · The company itself

Input · weakens · strength 2/3

“Table of Contents Manufacturing We currently manufacture bulk drug materials and products at our manufacturing facilities in Rensselaer, New York and Limerick, Ireland. These facilities consist of owned and leased manufacturing, office, laboratory, and warehouse space. In addition, we have constructed a fill/finish facility in Rensselaer, New York that is undergoing process validation and has yet to be approved for commercial production.”

Annual report 2025A · The company itself

Rejlers AB (publ)Sector unknown

Driver · strengthens · strength 2/3

“Marknaden 2024 var varierande, med en fortsatt stark efterfrågan inom energi och infrastruktur, samt relativt god efterfrågan inom industrin.”

Annual report 2024A · The company itself

Driver · strengthens · strength 2/3

“Samtidigt är utsikterna starka inom Industry och Infrastructure, där stora nationella projekt driver tillväxt.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Den ständiga och snabba omställningen inom industrisektorn är ett område där Rejlers kan göra stor skillnad i arbetet med att skapa ett hållbart samhälle.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Våra 3300 experter inom energiomställning, industriomvandling och framtidssäkrade samhällen hjälper företag, offentliga myndigheter och andra organisationer att möta dagens globala hållbarhetsutmaningar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Förväntat resultat: En minskning av utsläppen till följd av affärsresor och inköpt el på kort sikt och förbättrad synlighet i kontorsportföljen samt prioriteringar för fokuserade åtgärder för minskning av utsläpp i scope 2 relaterat till uppvärmning. Vara en katalysator för våra kunders omställning Rejlers tre strategiska fokusområden energiomställning, industriomvandling och framtidssäkring av samhällen är de områden där vi har störst påverkan och skapar värde för våra kunder. Vi prioriterar uppdrag som fokuserar på ren energi, utsläppsminskning och energibesparingar, och som bidrar till att bygga motståndskraftig infrastruktur och städer.”

Annual report 2024A · The company itself

Reka Industrial OyjSector unknown

Market · strengthens · strength 2/3

“Kumitoimiala Kumitoimialan liikevaihto vuonna 2025 oli 31,6 miljoonaa euroa (27,2). Käyttökate oli 3,5 miljoonaa euroa (1,4). Osalla asiakkaita volyymit ovat olleet selkeästi viimevuotista suuremmat.”

Annual report 2025A · The company itself

Republic ServicesSector unknown

Market · strengthens · strength 2/3

“Environmental solutions volume is generated by the daily operations of industrial, petrochemical and refining facilities and oil and natural gas exploration and production sites, including maintenance, plant turnarounds and capital projects. Volume also is generated by private and government funded projects including site remediation, redevelopment or emergency spill response.”

Annual report 2025A · The company itself

RevvitySector unknown

Market · strengthens · strength 2/3

“We sell many of our products in industries characterized by rapid technological change, frequent new product and service introductions, and evolving customer needs and industry standards.”

Annual report 2025A · The company itself

RIAS A/SBuilding materials

Market · strengthens · strength 2/3

“The company operates with two product areas: • Sale, processing and distribution of semifinished plastic products to all branches of the building and construction sector. • Sale, processing and distribution of semifinished plastic products to industry and the public sector.”

Annual report 2025A · The company itself

Rockwell AutomationSector unknown

Market · strengthens · strength 2/3

“Overview Rockwell Automation, Inc. is the world’s largest company dedicated to industrial automation and digital transformation.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In most countries, our direct sales force works with Original Equipment Manufacturers (OEMs) or machine builders, system integrators, technology partners, and end users in conjunction with independent distributors.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Table of Contents Machine builders continue to represent an important growth opportunity. To remain competitive, machine builders need to find the optimal balance of machine cost and performance while reducing their time to market. Our scalable technology, leading design productivity tools, and recent acquisitions support machine builders in addressing these business needs.”

Annual report 2025A · The company itself

ROCKWOOL A/SBuilding materials

Market · strengthens · strength 2/3

“ Low-risk transactional sales  Local business  Capital intensive production Our products are sold in more than 120 countries primarily via B2B channels including installers and distributors.”

Annual report 2025A · The company itself

Roper TechnologiesSector unknown

Market · strengthens · strength 2/3

“Deltek – enterprise software, SaaS, and AI-enabled information solutions for government contractors, professional services firms, and other project-based businesses.”

Annual report 2025A · The company itself

ROTTNEROS ABSector unknown

Market · strengthens · strength 2/3

“RÅVAROR SOM KÖPS IN 7 8 ANDEL AV KONCERNENS RÖRLIGA 5 KOSTNADER (%) 15 Ved Kemikalier El 74 Bränsle Övrigt VALLVIKS BRUK ÖVERSIKT STRATEGI VERKSAMHETEN HÅLLBARHETSREDOVISNING ÅRSREDOVISNING ÖVRIGT Vallviks Bruk tillverkar massa till nischer som kräver världsledande kvalitet Vallviks Bruk producerar kemisk massa av högsta möjliga kvalitet. Fabriken tillhör de globala marknadsledarna inom bland annat filtermassa och E-massa till elektrotekniska applikationer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“NISCHSTRATEGI ENKÄT Den långsiktiga strategin är att fokusera på nischer där Rottneros pappersmassa kan erbjuda ett mervärde i form av produktkvalitet och service. Filter och elektrotekniska applikationer till exempel.”

Annual report 2024A · The company itself

RTX A/STechnology

Market · strengthens · strength 2/3

“Enterprise and Healthcare remained key growth drivers, confirming RTX’s strong market position and technology relevance.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In Enterprise, we help large global B2B customers deliver advanced wireless communication solutions to their customers in diverse environments; from retail and healthcare to warehouses, offices, and demanding industrial settings requiring explosion- or waterproof equipment.”

Annual report 2025A · The company itself

SalesforceSector unknown

Market · strengthens · strength 2/3

“Our service offerings are designed to work together and include: Table of Contents Agentforce Sales. Our Agentforce Sales offering is an integrated platform that brings together the power of humans with AI agents to help sales teams sell faster and smarter, and to efficiently manage and automate entire sales processes. It provides sales capabilities and tools built for an entire sales organization – across prospecting, sales engagement, team collaboration, sales analytics and AI, sales programs, sales performance, partner management, and revenue and orders.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Our industry vertical offerings meet the specific needs of our customers across different industries, such as financial services, healthcare and life sciences, manufacturing, automotive and government.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Sales to larger enterprise customers may involve more time-consuming and expensive sales cycles, pricing pressure and implementation and configuration challenges, and, for some complex transactions, delayed revenue recognition, all of which could harm our business and operating results. Table of Contents We may face greater costs, longer sales cycles, greater competition and less predictability in completing some of our sales to large enterprise customers, including governmental entities and customers in regulated industries. In these market segments, the customer’s decision to use our services is often an enterprise-wide decision and may require us to provide greater levels of education regarding the use and benefits of our services, as well as address other concerns, such as heightened privacy and data protection requirements.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Subscription and support revenues primarily include subscription fees from customers accessing the Company’s enterprise cloud computing services (collectively, “Cloud Services”), software license revenues from the sales of term software licenses and support revenues from the sales of support and updates beyond the basic subscription or software license sales. Professional services and other revenues include professional and advisory services for process mapping, project management and implementation services and training services.”

Annual report 2026A · The company itself

Sampo OyjSector unknown

Market · strengthens · strength 2/3

“Sampo plc’s notes to the financial statements Sampo is the leading insurer of large corporates in the Nordics through the If brand. Corporates with turnover of more than SEK 500 million (approx. EUR 45 million), or more than 500 employees, are classified as Industrial customers.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The segment focuses particularly on SMEs. • Nordic Industrial includes the Group’s Nordic Industrial customer business, previously reported under the If segment in Sampo’s accounts. Corporates with revenues of more than SEK 500 million (approx. EUR 45 million), or more than 500 employees, are classified as Industrial customers.”

Annual report 2025A · The company itself

SandiskSector unknown

Market · strengthens · strength 2/3

“Through the Edge end market, we provide our original equipment manufacturer (“OEM”) and channel customers a broad array of high-performance flash solutions across personal computer, mobile, gaming, automotive, physical AI, at-home entertainment, and industrial spaces.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Through the Edge end market, we provide numerous data solutions that we incorporate into our client’s devices, which consist of SSDs for desktop and notebook PCs, gaming consoles and set top boxes, as well as flash-based embedded storage products for mobile phones, tablets, notebook PCs and other portable and wearable devices, automotive applications, Internet of Things, and industrial and connected home applications.”

Annual report 2026A · The company itself

Sandvik AktiebolagSector unknown

Driver · weakens · strength 2/3

“S: 2024 var ett utmanande år med geopolitisk och makroekonomisk instabilitet och som ett resultat har vi sett en försvagad efterfrågan i nyckelsegment. Lägre industriell aktivitet och specifika utmaningar i Europa och i fordonsindustrin hade en negativ påverkan på våra skärverktyg.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Vd och koncernchef framtida tillväxt, bland annat reservdelar, tjänster och förbrukningsvaror, mjukvara för både gruv- och tillverkningsverksamheterna, automationslösningar samt lösningar för gruvdrift ovan jord.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Vårt största bidrag är att genom våra lösningar göra våra kunder inom gruv-, infrastruktur- och bearbetningsindustrierna mer hållbara.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Sandvik är en global högteknologisk industrikoncern som erbjuder lösningar som förbättrar produktivitet, lönsamhet och hållbarhet för tillverknings-, gruv- och infrastrukturindustrierna.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“— Mobile Crushing and Screening — Attachment Tools Sandvik Manufacturing & Machining Solutions En marknadsledande tillverkare av verktyg och verktygssystem för avancerad skärande metallbearbetning som expanderar inom digital tillverkning och mjukvarulösningar, liksom metallpulver och tekniker som produktionsintegrerad metrologi.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Vi erbjuder kunderna ett ledande och hållbart sortiment som levereras via flera divisioner och varumärken i form av metallbearbetningsverktyg, lösningar för digital tillverkning och mjukvarulösningar, metallpulver och industriell mätteknik.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Våra mjukvarulösningar, hårdmetallverktyg och system för svarvning, fräsning och borrning i metall, liksom vårt erbjudande inom industriell metrologi, ökar produktiviteten vid tillverkning av till exempel motorer och växellådor .”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Affärsområdet består av två segment: Sandvik Machining Solutions och Sandvik Manufacturing Solutions. Sandvik Machining Solutions tillhandahåller verktyg, verktygssystem och tjänster som optimerar bearbetningsprocesser, som svarvning, fräsning och borrning, samt lösningar för verktygshantering. Sandvik Manufacturing Solutions tillhandahåller digitala tillverknings- och mjukvarulösningar för design- och planeringsautomation samt industriell mätteknik.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Skärande verktyg utgör en liten del av den totala tillverkningskostnaden för kunderna men har stor betydelse för produktivitet och kvalitet. Servicenivåer och produktlösningar är de främsta differentieringsfaktorerna för premiumerbjudandet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Mellansegmentet är mer priskänsligt men kräver lägre grad av service. — Regionalisering — Urbanisering — Demografiutmaningar — Utveckling av nya material — Komplex komponentdesign kräver mer avancerade verktygslösningar — Brist på medarbetare till följd av en åldrande personalstyrka driver efterfrågan på automatiserings-och mjukvarulösningar — Hållbarhet — Konkurrenter i premiumsegmentet: IMC-gruppen (varumärket Iscar), Kennametal — Fragmenterad i mellansegmentet där även globala premiumaktörer finns med sina varumärken för mellansegmentet: Mitsubishi, IMC-gruppen (varumärket Taegutec), Kennametal (varumärket Widia) — Hexagon, Autodesk, Dassault och Siemens inom CAM.”

Annual report 2024A · The company itself

Sanoma OyjSector unknown

Market · strengthens · strength 2/3

“Media Finland had a reasonably balanced business portfolio in 2025, with 59% (2024: 55%) of net sales attributable to the relatively stable B2C business, mainly subscriptions, and 41% (2024: 45%) to the B2B business.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“For advertisers, we are a trusted partner with insight, impact and reach.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Udlejere SIG’s direkte kunder vil være lejere i de udlejningsejendomme, som tilkøbes. Ejendommene tilkøbes kun når SIG’s bestyrelse har en høj grad af sikkerhed for lejers bonitet, eller får stillet en passende garanti til rådighed, og derudover vælges kun ejendomme som vurderes at kunne genudlejes i tilfælde af en kundes konkurs eller fraflytning, hvorfor SIG også har stor fokus på markedslejen ved overtagelse af en eksisterende lejer.”

Annual report 2025A · The company itself

Scanfil OyjSector unknown

Market · strengthens · strength 2/3

“Scanfil is a global EMS company that specializes in industrial customers and lowto-mid-volume production.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The Industrial customer group’s turnover decreased by 0.7% in the full year. New customer projects won in 2025 totaled EUR 95.8 million, an increase of 15.1% from the last year. This gives us confidence in our future development.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“It caters to leading companies in the Industrial, Energy & Cleantech, and Medtech & Life Science sectors.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In the value chain, an EMS company like Scanfil can be a subcontractor to an Original Equipment Manufacturer (OEM), e.g., Tomra, which sells the reverse vending machine to a supermarket or Danfoss, which supplies a heat pump to cool and heat a building.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Scanfil sources most of the purchased goods and services in the form of materials and components that are used in the manufacturing of customer-designed products and sub-assemblies. These include system integration, printed circuit board assembly (PCBA), and box builds.”

Annual report 2025A · The company itself

Sdiptech AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Företaget levererar dessa lösningar till en rad branscher, inklusive evenemang, byggarbetsplatser, och industriella anläggningar där stabil och flexibel strömförsörjning är avgörande.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“TEL luftflödesmonitorer och -styrning fungerar i tusentals laboratorier över hela världen, vilket säkerställer en säker arbetsmiljö för laboratoriepersonal.”

Annual report 2024A · The company itself

Seafire AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Åkerstedts Verkstads AB utvecklar och producerar kundanpassade industrifläktar. Bolaget har huvudkontor i Kvänum, Västergötland, och har 17 anställda.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“SolidEngineer AB är en ledande leverantör av tjänster och systemlösningar inom CAD, simulering och PLM. Verksamheten har idag 30 anställda med huvudkontor i Täby utanför Stockholm.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Årets nedskrivning av goodwill om 122 MSEK är i sin helhet hänförligt till affärsområdet Industrial Components. Nettoomsättning per segment Su mma 905 1 000 Nettoomsättning per geografi 2024 2023 Sverige 660 739 Norden (exkl Sverige) 143 145 Europa (exkl Norden) 98 109 Världen (exkl Europa) 4 7 Su mma 905 1 000 Av- & nedskrivningar per Koncerngemensamt 2 1 Summa 176 97 Investeringar per segment Koncerngemensamt - 1 -102 78 Products 0 -30 Koncerngemensamt -3 -35 Rörelseresultat - 105 13 Anläggningstillgångar per segment 2024 2023 Industrial components 533 663 Products 227 242 Koncerngemensamt 2 3 Summa 762 9 08 Goodwill per segment Not K5.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Omsättning per segment avser intäkter från externa kunder.”

Annual report 2024A · The company itself

Seagate TechnologySector unknown

Market · strengthens · strength 2/3

“Our Edge IoT portfolio includes storage products ranging from 1TB to 32TB to enable applications where data is created, processed and stored closer to its source. These solutions serve industrial, commercial and consumer environments, supporting video and image applications, network-attached storage ("NAS"), smart infrastructure, personal computing, gaming, streaming, creative workflows and data backup.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Table of Contents Edge / Internet of Things (“Edge IoT”): Industrial and consumer oriented environments where data is increasingly processed and stored closer to where it is created.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Our Edge IoT products are sold primarily through OEMs, distributors, retailers and third-party resellers serving industrial, commercial and consumer markets. These channels enable us to reach customers across a broad range of edge applications, including video and image, NAS, industrial automation, smart infrastructure and consumer storage.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Table of Contents Changes in demand for computer systems, data storage subsystems and consumer electronic devices have previously caused, and may in the future cause, a decline in demand for our products. Our products are incorporated in computers, data storage systems deployed in data centers and consumer electronic devices. Historically, demand for these products has been volatile, and unexpected slowdowns in demand for computers, data storage subsystems or consumer electronic devices generally result in sharp declines in demand for our products.”

Annual report 2026A · The company itself

Securitas ABSector unknown

Market · strengthens · strength 2/3

“Vår omfattande erbjudandeportfölj, från bevakning och övervakning till underhåll och installation, är lämplig för korsförsäljning. och möjliggör att vi kan erbjuda våra kunder förbättrade och innovativa helhetslösningar.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Strategi och mål Vår strategi är att leverera heltäckande, skalbara och innovativa säkerhetslösningar för att möta våra kunders alltmer komplexa säkerhetsbehov.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Risk managementtjänster och kostnader för koncernfunktioner 2 865 - -427 - 2 -4 Koncernen 161 921 4 11 200 6,9 100 100 Koncernens totala försäljning 100% 20Vårt erbjudande 20Securitas Års- och hållbarhetsredovisning 2024 Vårt erbjudande Introduktion Om Securitas Koncernchefens kommentar Medarbetare Strategi och mål Vårt erbjudande Vår verksamhet Den globala säkerhetsmarknaden och trender Vårt hållbarhetsarbete Bolagsstyrningsrapport och ledning Securitas finansiella modell Årsredovisning Hållbarhetsnoter Securitas aktie Securitas historia Finansiell information Säkerhetstjänster Platsanknuten bevakning Vi erbjuder platsanknuten bevakning med särskilt utvalda och utbildade väktare som utför bevakningstjänster som är skräddarsydda för medelstora och stora företags behov i privata eller offentliga miljöer.”

Annual report 2024A · The company itself

SELVAAG BOLIG ASASector unknown

Strategy · strengthens · strength 2/3

“Konkurranseutsetting av alle entrepriser Selvaag Bolig er et rent boligutviklingsselskap uten egen entreprenørvirksomhet, og styrer hele verdikjeden fra kjøp av tomt til salg av nøkkelferdige boliger. Selskapet har en effektiv tilnærming til boligutvikling som bidrar til å sikre kostnadseffektivitet og redusere markedsrisiko.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Kjernen i dette er konkurranseutsetting av all byggevirksomhet, og at selskapet i all hovedsak inngår totalentrepriser. Dette gir flere fordeler: • Fokusert organisasjon: Om lag 60 ansatte i kjernevirksomhet.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Med en moderne og industriell tilnærming til boligbygging bidrar dette til å sikre lavere byggekostnader, konkurransedyktige priser til kjøperne, og høy lønnsomhet for selskapet og selskapets eiere. Selvaag Bolig viderefører Selvaags historiske samfunnsengasjement der verdiskaping kombineres med samfunnsnyttige tiltak. Selskapet bygger store prosjekter med et bredt utvalg boligtyper og jobber for å utvikle boliger som flest mulig har råd til å kjøpe.”

Annual report 2024A · The company itself

ServiceNowSector unknown

Strategy · strengthens · strength 2/3

“Our two decades partnering with enterprise customers provide us with a deep understanding of how work actually flows across organizations—across departments, systems and organizational silos. We have developed expertise in the operational processes specific to different industries, functional areas and user roles, knowledge that cannot be readily replicated and that proves essential when designing solutions that must integrate with existing workflows rather than replace them.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Operational Technology Management Operational Technology (“OT”) Management products provide visibility and context into technology assets used for operational purposes and devices connected to those assets. They help organizations with OT vulnerability management, issue resolution and lifecycle management.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Manufacturing Manufacturing Commercial Operations helps manufacturers automate sales, support and service processes, integrate order to cash and service operations.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Customers We primarily sell our services to enterprise customers and support enterprise-wide deployments. As of December 31, 2025, we had approximately 8,700 customers across a wide variety of industries.”

Annual report 2025A · The company itself

Sherwin-WilliamsSector unknown

Driver · strengthens · strength 2/3

“Portions of our business involve the sale of paint, coatings and related products to segments of the economy that are cyclical in nature, particularly segments relating to construction, housing, manufacturing and oil production, refining, storage and transportation. Our sales to these segments are affected by the levels of discretionary consumer and business spending in these segments.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Table of Contents Performance Coatings Group The Performance Coatings Group develops and sells industrial coatings for wood finishing and general industrial (metal and plastic) applications, automotive refinish, protective and marine coatings, coil coatings, packaging coatings and performance-based resins and colorants worldwide.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“These paint stores are divided into five separate operating divisions based on their geographical region and are responsible for the sale of predominantly Sherwin-Williams® and other controlled brand architectural paint and coatings, protective and marine products, OEM product finishes and related products.”

Annual report 2025A · The company itself

Sinch AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Sinch har cirka 75 000 kunder i Nord- och Latinamerika och de består av allt från småföretag som använder Sinchs applikationer till stora företag inom tekniksektorn som förlitar sig på Sinchs APIprodukter, samt stora mobiloperatörer som använder våra tjänster för sammankoppling av röstsamtal.”

Annual report 2024A · The company itself

SinterCast AktiebolagSector unknown

Market · strengthens · strength 2/3

“Årsredovisning 2024 13 Vår strategi SinterCast fokuserar på att tillhandahålla lösningar för precisionsmätning och processtyrning till järngjuteriindustrin. Med världsledande teknologi för tillförlitlig volymproduktion av kompaktgrafitjärn (CGI), är SinterCast en partner till sina gjuterikunder och biltillverkare, för att öka de totala marknadsmöjligheterna för CGI.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Årsredovisning 2024 18 Tillväxtutsikter för serieproduktion SinterCast är en Tier II teknologioch tjänsteleverantör till den globala gjuteriindustrin. Våra gjuterikunder levererar i sin tur gjutgods till fordonsindustrin.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Industrimotorer stod för 5 % av volymen 2024. Sektorn inkluderar stora motorer inom marint, lokomotiv, utrustning för off-road samt reservkraftgeneratorer.”

Annual report 2024A · The company itself

Sitowise Group OyjSector unknown

Market · strengthens · strength 2/3

“The largest customer groups are the municipal sector, state organizations, construction companies, housing companies, real estate companies and real estate investors, as well as operators in the forestry, energy and industrial sectors.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Sales efforts will remain on segments showing above average demand, such as industry, energy and data centers, public-sector properties, and defense and security critical sites.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Demand is expected to remain stable in industry and moderate in the forest sector.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“At the same time, client demand showed resilience in certain segments such as the pharma segment and certain industrial segments with links to prefabricated elements.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Affärs- och investment bank-tjänster för stora företag och institutioner.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Divisionen tillhandahåller rådgivningsdrivna affärs- och investment banktjänster till 2000 storföretagskunder och 1100 institutioner. Vi har varaktiga kundrelationer inom ett brett spektrum av branscher.”

Annual report 2024A · The company itself

Skyworks SolutionsSector unknown

Market · strengthens · strength 2/3

“We rely on Original Equipment Manufacturers (“OEMs”) and Original Design Manufacturers (“ODMs”) to design our products into their end products. Our products are not sold directly to the end user but are components or subsystems of other products. As a result, we rely on OEMs and ODMs of electronics products to select our products from among alternative offerings to be designed into their equipment.”

Annual report 2025A · The company itself

Smurfit WestrockSector unknown

Market · strengthens · strength 2/3

“We provide packaging products for the transportation of a diverse range of consumer and industrial goods, such as processed and fresh food, agricultural products, beverages, industrial and consumer electronics, chemicals and pharmaceuticals, and a range of other products, as well as higher value-added corrugated products, such as those featuring enhanced graphics used for point-of-sale displays and consumer and shelf-ready packaging. During 2025, the majority of our products were sold to the fast-moving consumer goods sector.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“As a result, demand is driven by the need for: (i) packaging products for consumer and industrial goods, (ii) higher value-added corrugated products used for point-of-sale displays and consumer and shelf-ready packaging, and (iii) packaging of pharmaceutical products and the growth of related industries.”

Annual report 2025A · The company itself

Snap-onSector unknown

Market · strengthens · strength 2/3

“Snap-on’s primary customer segments include: (i) commercial and industrial customers, including professionals in critical industries and in emerging markets; (ii) professional vehicle repair technicians who purchase products through the company’s multinational mobile tool distribution network; and (iii) other professional customers related to vehicle repair, including owners and managers of independent service and repair shops, as well as original equipment manufacturer (“OEM”) dealership service and repair shops (“OEM dealerships”).”

Annual report 2026A · The company itself

SOLAR A/SIndustrials

Market · strengthens · strength 2/3

“Our Industry customers cover the following sub-segments: OEM (Original Equipment Manufacturers), MRO”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We combine excellent product sourcing, superior distribution, and value-adding services to support professionals and businesses in the electrical, heating & plumbing, and industrial sectors across five key European markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Industry revenue amounted to DKK 4,171m (DKK 4,336m). This corresponds to overall adjusted organic growth of around -3.6% (-4.0%).”

Annual report 2025A · The company itself

SP GROUP A/SIndustrials

Input · weakens · strength 2/3

“Vi modtager som en nødvendig ressource nye maskiner, robotter og værktøjer fra opstrømsværdikæden”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“SP Group udvikler og producerer avancerede plastløsninger i flere produktionsteknologier”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Egne produkter udgør 27,1% af koncernens samlede salg.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Underleverandørforretningen voksede i 2025 med 5,7%.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Fælles for kunderne er et behov for store plastemner i en relativ lav volumen, såsom store køretøjer og maskiner”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“3D-print bruges i prototyper, produktionsdele og arkitektoniske modeller Sprøjtestøbning Sprøjtestøbte præcisionskomponenter i plast til en bred vifte af industrier, bl.a. medico-kunder Blæsestøbning Guidewires, medicinsk udstyr og –plastemballage til den globale healthcare-industri Trykstøbning Trykstøbning af emner i letmetal (aluminium/magnesium/zink) Rotationsstøbning Rotationsstøbte hule plastemner til en bred vifte af industrier, bl.a. fendere og bøjer til den maritime industri Reaktionsstøbning Formstøbte PUR-emner og blokskum til bl.a. Cleantech, ventilationsudstyr til landbruget, ergonomiske måtter og afstribningsprodukter Dampformsstøbning Støbning af opskummet PP/PS til tekniske emner Vakuumformning Store termoformede plastemner via traditionel vakuumformning, high-pressure og twinsheet til bl.a. automotive, cleantech og medico-industrien Komposit Avancerede kompositløsninger til bl.a. Cleantech og andre industrier baseret på glasfiber eller kulfiber i kombination med andre materialer Årsrapport 2025 Ledelsesberetning Vores forretning Teknologier 19 Sprøjtestøbning og blæsestøbning Stigende aktivitet og nye muligheder SP Group producerer avancerede plastløsninger ved brug af sprøjtestøbning og blæsestøbning til mange industrier og kundetyper.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Fælles for kunderne er et behov for store plastemner i en relativ lav volumen, såsom store køretøjer og maskiner; eksempelvis entreprenørmateriel, landbrugsmaskiner, busser, tog og vindmøller.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“SP Meditec er en af Nordens største leverandører af sprøjtestøbte plastkomponenter til medicoindustrien.”

Annual report 2025A · The company itself

SPAREBANK 1 HELGELANDSector unknown

Driver · strengthens · strength 2/3

“Lakseoppdrett og industribedriftene våre er lokomotivene på Helgeland og skaper store ringvirkninger i det øvrige næringslivet.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kundesegmenter og vesentlige klimarelaterte investeringer Konsernets kundesegmenter er bedriftsmarkedet med en eksponering på 10.888 mill. kr. og personmarkedet med en eksponering på 20.730 mill. kr. per 31.12.2024.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Serviceindusstrien på Helgeland har hatt god aktivitet og oppdrag gjennom 2024. Industrien på Helgeland har over flere år vist seg utpreget innovativ og konkurransedyktig, og har i dag flere store kontrakter med industrien på Helgeland, Nordland og Nord-Sverige.”

Annual report 2024A · The company itself

Driver · weakens · strength 2/3

“Bedriftsmarkedsporteføljen har en marginal økning i målt risiko. Dette viser seg i form av økning i enkelte risikoparametere inkludert konsentrasjonsrisiko.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Snitt 10 år pre-pandemi Snitt 10 år pre-pandemi ØSTLANDET Østlandet Utvalgte nøkkeltall Vår stolte historie – fra korn til konsern Makrobildet Tilbakeblikk 2024 Finansielle måltall og oppnåelse Hovedtall fra konsern Eierandelskapitalen og egenkapitalbeviset Eierstyring og selskapsledelse Om lag 29 prosent av bankens utlån er til bedrifter. Utviklingen for bedriftslån var god i 2024, selv om veksten var svakere enn i fjorået eksklusive Totenporteføljen.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Disse lånene går til en rekke bransjer: • eiendomsdrift 13,5 prosent • jord og skogbruk 3,8 prosent • offentlig forvaltning 2,8 prosent • bygg og anlegg 3,1 prosent • industri/kraft og vannforsyning 2,5 prosent • øvrige 3,1 prosent Finans Østlandet kjøretøy og driftsmidler SpareBank 1 Finans Østlandets aktiviteter består av leasing og utlån til privatkjøp av kjøretøy, inkludert grønne billån til elektriske kjøretøy, samt leasing og utlån til bedriftsmarkedet på kjøretøy og driftsmidler.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Dette tilbudet er hovedsakelig rettet mot personmarkedet. Det jobbes med å utvikle liknende tiltak for bedriftsmarkedsporteføljen.”

Annual report 2024A · The company itself

SPAREBANKEN NORGESector unknown

Market · strengthens · strength 2/3

“I 2024 har bærekraft vært på agendaen i kundemøter, og over 30,7 prosent. prosent av alle nye lån og refinansieringer til bedriftsmarkedskunder har vært med bærekraftslinket struktur.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Verdiene banken skaper gjennom rådgivning, tilgang til trygg sparing og tilbud om finansiering, kommer både innbyggere, næringsliv, fellesskapet og samfunnet til gode på ulike måter.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Banken gir råd og finansiering som bidrar til langsiktig og bærekraftig vekst både for personkunder, den enkelte bedrift sine prosjekt og også for Vestlandet som region. Banken bidrar til dette gjennom å rådgi kunden til å gjøre gode finansielle valg og sikre at banken finansierer virksomheter som driver bærekraftig. Dette kaller vi for «Bærekraftig finans».”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Banken har satt konkrete bærekraftsmål for de ulike bransjene som finansieres.”

Annual report 2024A · The company itself

SRV Yhtiöt OyjSector unknown

Market · strengthens · strength 2/3

“Asiakasryhmät koostuvat julkisesta sektorista, yksityisistä yrityksistä ja yksityisasiakkaista.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Demand for the Company’s products depends, in part, on the general economic conditions affecting the industries and markets in which it does business, including, but not limited to, construction and housing, general industrial, automotive, aerospace and outdoor, and can be significantly reduced in an economic environment characterized by high unemployment, high interest rates, cautious consumer spending, inflation, lower corporate earnings, and lower business investment.”

Annual report 2026A · The company itself

Driver · weakens · strength 2/3

“In 2025, the allowance reflected the evolving macroeconomic environment and an increase in loan loss reserves associated with certain commercial real estate and commercial loans.”

Annual report 2025A · The company itself

Steel DynamicsSector unknown

Market · strengthens · strength 2/3

“BUSINESS ​ ​ ​ Steel Dynamics, Inc. is a leading industrial metals solutions company, with facilities located throughout the United States and Mexico. The company operates a circular manufacturing model, producing high-quality, lower-carbon-emission products with recycled scrap as the primary input. Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America based on estimated steelmaking and steel coating capacity of approximately 16 million tons and actual metals recycling volumes as of December 31, 2025, with one of the most diversified product and end market portfolios in the domestic steel industry, combined with a meaningful downstream steel fabrication platform.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“SBQ products are principally consumed by cold finishers, forgers, intermediate processors, OEM manufacturers, steel service centers, and distributors, as well as pull-through volume to Vulcan. Our MBQ products are sold primarily to steel service centers, as well as reinforcing steel bar distributors, joist producers (such as our New Millennium Building Systems), and OEMs.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Steel of West Virginia’s customers are primarily OEMs producing solar panel structures, truck trailers, industrial lift trucks, merchant products, guardrail posts, manufactured housing, mining, and off-highway construction equipment. Steel of West Virginia’s flexible manufacturing capabilities enable us to meet demand for a variety of custom-ordered and designed products. Many of these products are produced in small quantities for low volume end-uses resulting in a wide variety of customers, the largest of which are in the truck trailer and industrial lift truck industries.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We sell various grades of processed ferrous scrap to end-users, such as EAF steel mills, integrated steelmakers, foundries, secondary smelters, and metal brokers, who aggregate materials for other large users. Ferrous scrap metal is the primary raw material for EAFs, including our steel mills.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our aluminum operations provide flat rolled products with high recycled content to the countercyclical, sustainable beverage can industry, as well as the automotive and industrial sectors.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our business is also dependent upon certain industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, energy, food packaging, beverage can and pipe and tube (including OCTG) markets, and many of these industries are also cyclical in nature and may experience supply chain disruptions.”

Annual report 2025A · The company itself

Input · weakens · strength 2/3

“De leverantörer som främst anlitas är entreprenörer (främst byggentreprenörer), finansiärer, konsulter (till exempel teknikkonsulter och arkitekter), energileverantörer (el, fjärrvärme och fjärrkyla) samt service leverantörer.”

Annual report 2024A · The company itself

STOLT-NIELSEN LIMITEDSector unknown

Market · strengthens · strength 2/3

“In 2024, STC handled 154,721 tank container shipments, compared to 142,522 shipments in 2023, which represents an 8.6% increase in volumes and reflects a focus on growing market share in 2024. Average monthly utilisation was 63.9% in 2024, consistent with 2023.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“We provide safe, reliable, high-quality and flexible transportation services to the world’s leading manufacturers and consumers of chemicals, edible oils, acids and other bulk liquids, offering supply chain efficiencies and added value for our customers.”

Annual report 2024A · The company itself

Strategy · strengthens · strength 2/3

“Under 2024 var 52 procent av Storskogens affärsenheter ISO 9001-certifierade.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Affärsområde Industry Affärsområdet fokuserar på traditionella B2B-industribolag inom tung och medeltung industri, tillverkning och automation.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nedströms Fokus för affärsområde Industry är framför allt B2B-försäljning till traditionella industribolag inom tung och medeltung industri, tillverkning och automation.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Affärsområde Industry fokuserar på traditionella B2B industribolag inom tung och medeltung industri, tillverk-ning och automation. Industry är indelat i tre vertikaler: Automation, Industrial technology och Products. Industry består av 37 affärsenheter (39) och stod för 42 procent (40) av omsättningen under 2024.”

Annual report 2024A · The company itself

SupermicroSector unknown

Market · strengthens · strength 2/3

“Products and Services We offer a broad range of compute, storage and edge platforms that are application-optimized server solutions, rackmount and blade servers, storage, and subsystems and accessories. These products are designed to serve a variety of markets, such as enterprise data centers, cloud computing, AI and 5G/edge computing.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“We work with distributors, value-added resellers, system integrators, and OEMs to market and sell our optimized solutions to their end customers.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“In recent years, we have completed larger sales to leading internet data center and cloud customers, large enterprise customers and OEMs.”

Annual report 2026A · The company itself

Driver · weakens · strength 2/3

“Därför utgör andra sektorer, såsom tillverkning, den största exponeringen mot övergångsrisker i Handelsbanken Fonders portfölj.”

Annual report 2024A · The company itself

SWECO AB (publ)Sector unknown

Driver · strengthens · strength 2/3

“Utöver de affärsmöjligheter som skapas av omställningen i Europa ser Sweco även tillväxt inom områden som säkerhet och försvar, sjukvård och läkemedel.”

Annual report 2024A · The company itself

Driver · weakens · strength 2/3

“Det traditionella industrisegmentet försvagades mot slutet av året, även om norra Sverige uppvisade fortsatt motståndskraft, med stöd av stora projekt.”

Annual report 2024A · The company itself

Driver · mixed effect · strength 2/3

“Inom marknaden för industritjänster var efterfrågan i segmenten relaterade till den gröna omställningen god, medan efterfrågan inom de traditionella segmenten var svag under året men förbättrades något i slutet av året.”

Annual report 2024A · The company itself

Driver · strengthens · strength 2/3

“Industrimarknaden visade god efterfrågan, främst på grund av stora investeringar inom läkemedelsindustrin.”

Annual report 2024A · The company itself

Driver · weakens · strength 2/3

“Efterfrågan i industrisegmentet var överlag dämpad under året, med en tydlig avmattning i läkemedelsindustrin och den kemiska industrin mot slutet av året.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Inom industriomställningen bistår Sweco med lösningar för minskning av koldioxidutsläppen i befintliga industrier och etableringar av nya industrier med fokus på energi, råvaror och cirkulära affärsmodeller.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Sweco har bidragit med expertis inom arkitektur, byggkonstruktion, geoteknik, installationer och infrastruktur vid SCA:s expansion av pappers bruket i Obbola. Den nya pappersmaskinen nästan dubblerar produktionen samtidigt som den minskar oljeanvändningen med 8 000 kubikmeter per år.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Stark position på en växande marknad Sweco är det ledande bolaget på den europeiska marknaden för teknikkonsulttjänster inom samhällsbyggnadssektorn.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“TYP AV VAROR OCH TJÄNSTER Sweco är ett konsultbolag som erbjuder professionella teknik- och designtjänster inom tre områden: Byggnader och stadsdelar, Vatten, energi och industri samt Transportinfrastruktur.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Nettoomsättning fördelat på tjänstesegment 2024, % Byggnader och stadsdelar, 37 (37) Vatten, energi och industri, 35 (34) Transportinfrastruktur, 28 (29) Nettoomsättning fördelat på kunder 2024, % Offentliga sektorn, 37 (38) Övriga privata företag, 28 (24) Industriföretag, 19 (21) Bostads-, fastighets- och byggföretag, 17 (17) Nettoomsättning fördelat på affärs områden 2024, % Sweco Sverige, 29 (29) Sweco Belgien, 13 (13) Sweco Finland, 12 (13) Sweco Norge, 11 (12) Sweco Danmark, 11 (10) Sweco Nederländerna, 10 (10) Sweco Tyskland och Centraleuropa, 9 (8) Sweco Storbritannien, 5 (5) Året i korthet Stark tillväxt med fokus på grön omställning 2024 var ytterligare ett år av lönsamt tillväxt för Sweco.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Sweco har cirka 37 000 kunder från såväl den privata som offentliga sektorn. 37 procent från offentlig sektor, 17 procent från fastighets- och byggföretag, 19 procent från industriföretag samt 28 procent från övriga privata företag.”

Annual report 2024A · The company itself

SynopsysSector unknown

Market · strengthens · strength 2/3

“Our Ansys® solutions portfolio is widely used by engineers, designers, researchers and students across a broad spectrum of industries and academia, including high-tech, aerospace and defense, automotive, energy, industrial equipment, materials and chemicals, consumer products, healthcare and construction.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The Ansys S&A portfolio spans the entire range of physics, providing access to virtually any field of engineering simulation that a design process requires, including: •Structures – Our structural analysis product suite offers simulation tools for product design and optimization designed to increase productivity, reduce physical prototyping and help deliver better and more innovative products in less time.”

Annual report 2025A · The company itself

SyscoSector unknown

Market · strengthens · strength 2/3

“We obtain substantially all of our foodservice and related products from third-party suppliers.”

Annual report 2026A · The company itself

Talenom OyjSector unknown

Market · strengthens · strength 2/3

“Palveluliiketoiminta voi käyttää oman ohjelmistomme lisäksi isommille asiakkaille suunnattuja kaupallisia ohjelmistoja.”

Annual report 2024A · The company itself

Targa ResourcesSector unknown

Market · strengthens · strength 2/3

“End-users of residue gas include large commercial and industrial customers, as well as natural gas and electric utilities serving individual consumers. We sell our residue gas either directly to such end-users or to marketers into intrastate or interstate pipelines, which are typically located in close proximity or with ready access to our facilities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our fractionation assets are primarily located in key NGL market centers and are near and connected to key consumers of NGL products, including the petrochemical and industrial markets. Our logistics assets, including fractionation facilities, storage wells, our low ethane propane de-ethanizers, and our Galena Park Marine Terminal and related pipeline systems and interconnects, include connections to a number of mixed NGL (“mixed NGLs” or “Y-grade”) supply pipelines, storage, interconnection and takeaway pipelines and other transportation infrastructure.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We generally purchase mixed NGLs at a monthly pricing index less applicable fractionation, transportation and marketing fees and resell these component products to petrochemical manufacturers, refiners and other marketing and retail companies.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We sell our natural gas, NGLs and condensate to a variety of purchasers.”

Annual report 2025A · The company itself

TCM Group A/SConsumer goods

Market · strengthens · strength 2/3

“Torben Paulin CEO Anders Skole-Sørensen Chair About TCM Group TCM Group is Scandinavia’s third-largest kitchen manufacturer, with headquarters in Denmark and selling through approximately 220 points of sale across Scandinavia.”

Annual report 2025A · The company itself

TECHSTEP ASASector unknown

Market · strengthens · strength 2/3

“We deliver a holistic device lifecycle management approach, covering every stage from procurement to recycling, helping organisations shift towards automation, cost reduction, and sustainability. Our end-to-end solutions support an increasingly modern and mobile workforce spanning both office workers and field workers in industries like retail, logistics, manufacturing and healthcare.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Techstep serves more than 2 100 enterprise customers across different industries and sectors, helping both office workers and frontline workers optimise their work.”

Annual report 2024A · The company itself

TEKNA HOLDING ASASector unknown

Market · strengthens · strength 2/3

“Micron-sized powders are used for applications such as 3D print- ing in the aerospace, medical and consumer elec- tronics sectors.”

Annual report 2024A · The company itself

TELE2 ABSector unknown

Market · strengthens · strength 2/3

“Inom segmentet stora privata företag är ambitionen att förbättra lönsamheten genom att fördjupa våra kundsamarbeten för att möj - liggöra större kontrakt, växa genom ”som tjänst”-erbjudanden och paketering av mobiltjänster.”

Annual report 2024A · The company itself

Teledyne TechnologiesSector unknown

Market · strengthens · strength 2/3

“Through this segment, we provide visible spectrum sensors and digital cameras for industrial machine vision and automated quality control, as well as for medical, research and scientific applications.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Table of Contents Test and Measurement Instrumentation Our test and measurement products provide capabilities that enable the designers of complex electronic systems in many industry sectors to bring their products to market reliably and quickly. Our customers use our equipment in the design, development, manufacture, installation, deployment and operation of electronics equipment in a broad range of industries, including aerospace and defense, internet infrastructure, automotive, industrial, computer and semiconductor, consumer electronics mobile, and power electronics.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Segment Enterprise erbjuder avancerade kommunikationslösningar för företag för att påskynda digitaliseringen, driva innovation och optimera processer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderna inom segmentet Enterprise är privata och offentliga företag inom olika branscher. År 2024 stod segmentet Enterprise för 10 % (10 %) av koncernens totala nettoomsättning.”

Annual report 2024A · The company itself

TELENOR ASASector unknown

Market · strengthens · strength 2/3

“Based on the expanded network coverage, the Nordic operations launched several 5G-based services to the business segments, like 5G Office connect and Mobile 5G network as a service.”

Annual report 2024A · The company itself

TELIA COMPANY ABSector unknown

Market · strengthens · strength 2/3

“Många B2C-kunder fortsätter att nedgradera sina tjänster eller migrera till lågprisvarumärken medan B2B-kunderna omvärderar sina telekom- och IT-budgetar.”

Annual report 2024A · The company itself

TeradyneSector unknown

Market · strengthens · strength 2/3

“(“Teradyne”) is a leading global provider of automated test equipment and robotics solutions. Teradyne’s automated test systems are used to test semiconductors, wireless products, data storage, silicon photonics, and complex electronics systems in many industries including consumer electronics, wireless, automotive, industrial, computing, communications, and aerospace and defense industries. Teradyne’s robotics product offerings consist primarily of collaborative robotic arms and autonomous mobile robots used by global manufacturing, logistics and industrial customers to improve quality and increase manufacturing and material handling efficiency while reducing costs.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Capital equipment providers in the electronics, semiconductor industries and robotics, such as Teradyne, have, in the past, been negatively impacted by both sudden slowdowns in the global economies and recurring cyclicality within those industries. These cycles, which can be driven by broad changes to Semiconductor buying patterns, or to specific markets within the Semiconductor industry, have resulted in periods of over-supply; a trend we believe will continue to occur.”

Annual report 2025A · The company itself

Tesla, Inc.Sector unknown

Market · strengthens · strength 2/3

“Megapack is an energy storage solution for commercial, industrial, utility and energy generation customers, multiple of which may be grouped together to form larger installations of gigawatt hours (“GWh”) or greater capacity.”

Annual report 2025A · The company itself

Texas InstrumentsSector unknown

Market · strengthens · strength 2/3

“Market Sector Industrial Industrial automation (33% of TI revenue) Aerospace & defense Energy infrastructure Building automation Medical & healthcare Test & measurement Other industrial equipment Appliances Power delivery Robotics Automotive Infotainment & cluster (33% of TI revenue) Advanced driver assistance systems (ADAS) Body electronics & lighting Hybrid, electric & powertrain systems Chassis control & safety Data center Data center compute (9% of TI revenue) Data center networking Rack power & thermal management Personal electronics Mobile phones (21% of TI revenue) PC & notebooks Portable electronics Home theater & entertainment Connected peripherals & printers TV Tablets Wearables (non-medical) Gaming Data storage Communications equipment Wireless infrastructure (3% of TI revenue) Wired networking Broadband fixed line access In addition, we sell calculators, which was about 1% of our revenue.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Water Sales Water sales revenue encompasses the sale and delivery of sourced, produced and treated water to operators and other customers, royalties received related to areas of mutual interest (“AMI”), and royalties received pursuant to legacy agreements with operators.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Markets served include pharmaceutical and biotech, academic and government, industrial and applied, as well as healthcare and diagnostics.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Revenue to customers in the industrial and applied market grew.”

Annual report 2025A · The company itself

Thule Group ABSector unknown

Market · strengthens · strength 2/3

“Thule Arcos lasthållarbox med cykelhållare, Thule Motion takbox, Thule Chasm duffelväskor /16/ Thule Group i korthet Året 2023 i korthet Vd har ordet Omvärld och marknad Affärsidé och varumärke Strategiska prioriteringar Mål och utfall Thule Groups verksamhet Investment case SPORT&CARGO CARRIERS RV PRODUCTS JUVENILE & PET PACKS, BAGS & LUGGAGE ANDEL FÖRSÄLJNING 2023 (2022) 59% (62) 19% (18) 12% (11) 10% (9) Americas Americas Americas 10 % (8) Americas TILLVÄXT VALUTAJUSTERAD 2023 jmf 2022 -19% -11% -8% -9% -16% Americas -24% -6% Americas -69% -7% Americas -14% -7% Americas -11% • • Sport&Cargo Carriers – Takräcken, takboxar, hållare för cykel-, vatten- och vintersporter och taktält. •• RV Products – Markiser, cykelhållare och tält för husbilar och husvagnar. •• Juvenile & Pet – Cykelvagnar, cykelbarnstolar och barnvagnar.”

Annual report 2023A · The company itself

TKO Group HoldingsSector unknown

Market · strengthens · strength 2/3

“The IMG business is a leading global sports marketing company, specializing in media rights management and sales, multi-channel content production and distribution, brand partnerships, strategic consulting, digital services, and event management. It powers revenue, fanbase, and IP growth for more than 300 federations, associations, events, and teams, including the English Premier League, Major League Soccer, The R&A, Wimbledon, DP World Tour, ATP and WTA Tours, the National Football League, CONMEBOL, Euroleague Basketball, Saudi Pro League, as well as its owned channel Sport 24.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Additionally, through IMG, we generate commissions and fees by selling sponsorship assets on behalf of third-party clients and rights holders.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“•National Accounts provides large companies with casualty insurance products and services, including workers’ compensation, commercial automobile and general liability, generally utilizing loss-sensitive products, on both a bundled and unbundled basis, as well as risk management, claims administration and other insurance-related services.”

Annual report 2025A · The company itself

Trimble Inc.Sector unknown

Strategy · strengthens · strength 2/3

“Table of Contents Our joint venture with Caterpillar, Caterpillar-Trimble Control Technologies, was formed to develop the next generation of advanced electronic guidance and control products for earth-moving machines. The joint venture designs machine control and guidance products that use site design information combined with accurate positioning technology to automatically control dozer blades and other machine tools.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Through our surveying, mapping, and building construction product portfolio, professional surveyors and engineers provide services to the construction, engineering, mining, energy and utilities, government, and land management sectors. Our solutions replace less productive conventional methods of surveying, mapping, 2D or 3D modeling, monitoring, measurement, reporting, and analysis.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Our 12 Table of Contents relationships with substantial industry participants such as Caterpillar, Nikon, Hilti, and AGCO are likely to evolve over time based upon the changing business needs and objectives of the parties.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“In our software and subscription services businesses, we face competition from a group of large, well-established companies, particularly in the areas of design software, enterprise resource planning (“ERP”) solutions, and collaboration and project management offerings.”

Annual report 2026A · The company itself

Troax Group AB (publ)Sector unknown

Market · strengthens · strength 2/3

“IDAG ÄR VI DEN GLOBALA MARKNADS - LEDAREN INOM NÄTPANELS LÖSNINGAR FÖR MASKINSKYDD, LAGER OCH FÖRRÅD.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Troax Group AB koncernen (nedan benämnt ”Troax” ) är en internationell koncern som tillhandahåller säkerhetslösningar för tillverkning, lager och förråd. Vårt fokus är lösningar för säkrare inomhusmiljöer i tillverkning och lagermiljöer för att skydda produktiviteten i de industriella processerna och de människor som arbetar där.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Vi fokuserar i huvudsak på 5 industrivertikaler » Fordonsindustri » Lagerindustrin » Bygg- och anläggningsindustrin » Processindustrin » Övrig allmänindustri Inom varje industrivertikal finns flertalet applikationer och bredden på vårt erbjudande och kundbas gör oss relativt motståndskraftiga över konjunkturcykeln.”

Annual report 2024A · The company itself

United Parcel ServiceSector unknown

Market · strengthens · strength 2/3

“Business-to-business volume decreased 2.8%, primarily driven by demand softness within the retail and manufacturing sectors.”

Annual report 2025A · The company itself

United RentalsSector unknown

Market · strengthens · strength 2/3

“Business United Rentals is the largest equipment rental company in the world, operates throughout the United States and Canada, and has a smaller presence in Europe, Australia and New Zealand.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We sell equipment such as aerial lifts, reach forklifts, telehandlers, compressors and generators from many leading equipment manufacturers. The type of new equipment that we sell varies by location.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“The general rentals segment includes the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. The general rentals segment’s customers include construction and industrial companies, manufacturers, utilities, municipalities and homeowners.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Customers Our customer base is highly diversified and ranges from Fortune 500 companies to small businesses and homeowners.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our customers include: •construction companies that use equipment for constructing and renovating commercial buildings, warehouses, industrial and manufacturing plants, office parks, airports, residential developments and other facilities; •industrial companies—such as manufacturers, chemical companies, paper mills, railroads, ship builders and utilities—that use equipment for plant maintenance, upgrades, expansion and construction; •municipalities that require equipment for a variety of purposes; and •homeowners and other individuals that use equipment for projects that range from simple repairs to major renovations.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our general rental equipment and specialty equipment are used in connection with private non-residential construction and industrial activities. In the past, weakness in our end-markets has led to a decrease in the demand for our equipment and in the rates we realized.”

Annual report 2025A · The company itself

UnitedHealth GroupSector unknown

Market · strengthens · strength 2/3

“Table of Contents Optum Insight Optum Insight connects the health care system with services, analytics and platforms that make clinical, administrative and financial processes simpler and more efficient for all participants in the health care system. Hospital systems, physicians, health plans, public entities, life sciences companies and other organizations comprising the health care industry depend on Optum Insight to help them improve performance and reduce costs through administrative efficiency and payment simplification, advance care quality through evidence-based standards built directly into clinical workflows, meet compliance mandates and modernize their core operating systems to meet the changing needs of the health system.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Table of Contents Optum Optum is an information and technology-enabled health services business serving the broad health care marketplace, including: •Those who need care: patients who need the right care, information, resources, products and engagement to improve their health, achieve their health goals and receive an improved patient experience that is personalized, comprehensive and delivered in all care settings, including in-home and virtually. •Those who provide care: physicians, hospitals, pharmacies and others seeking to improve the health system and reduce the administrative burden, allowing for providers to focus time on patients leading to the best possible patient care and experiences while achieving better health outcomes at lower costs.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Optum Health sells its products primarily through its direct sales force, strategic collaborations and external producers in three key areas: employers, including large, mid-sized and small employers; payers including health plans, third-party administrators (TPAs), underwriter/stop-loss carriers and individual product intermediaries; and public entities, including the U.S.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“UnitedHealthcare Employer & Individual Domestically, UnitedHealthcare Employer & Individual offers a comprehensive array of consumer-oriented health benefit plans and services for large national employers, public sector employers, mid-sized employers, small businesses, and individuals.”

Annual report 2025A · The company itself

Vaisala OyjSector unknown

Strategy · strengthens · strength 2/3

“To support its strategy execution and enable further growth, Vaisala also strengthened its sales capabilities within growth areas and made long-term investments in its Operations, where a new automated logistics center was completed during the year.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In 2025, the Industrial Measurements business area’s net sales grew by 9% compared to the previous year and were EUR 247.8 (226.5) million. In constant currencies, net sales grew by 12%.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“review by business area Industrial Measurements business area The Industrial Measurements business area provides advanced measurement instruments and solutions that help customers across various industries optimize processes, reduce energy consumption, and improve quality and efficiency.”

Annual report 2025A · The company itself

VBG GROUP AB (publ)Sector unknown

Market · strengthens · strength 2/3

“Genom ledande och hållbara industri lösningar bidrar vi till ökad säkerhet för såväl människor som gods och infrastruktur – våra klimatsystem, släpvagnskopplingar, automatiska snökedjor, skjutbara tak, lösningar för mekanisk kraft överföring samt energi- och stötdämpning fyller alla viktiga samhällsfunktioner.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Verksamheten omfattar de fyra varumärkena Ringfeder Power Transmission, Henfel, Carlyle Johnson och Rathi. Kunderna återfinns i flera olika industrimarknader såsom bygg-, maskin-, kraft- och gruvindustrin över hela världen.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Kunderbjudandet består av utveckling, tillverkning, marknadsföring och försäljning av kompletta klimatsystem. Divisionen vänder sig framför allt till kunder inom fyra marknadssegment: ■ Bussar, som kan delas in i undersegmenten stads-, lång distans-, skol- och minibussar. ■ Anläggningsfordon inom infrastruktur, jordbruk, skogsbruk, gruvor och materialhantering. ■ Nyttofordon, såsom utrycknings- och servicefordon. ■ Försvarsfordon för trupptransporter.”

Annual report 2024A · The company itself

Veeva SystemsSector unknown

Market · strengthens · strength 2/3

“We also offer certain of our R&D and Quality Solutions to industries outside the life sciences industry primarily in North America and Europe.”

Annual report 2026A · The company itself

Veidekke ASASector unknown

Market · strengthens · strength 2/3

“Enten det gjelder kunder, bransjen, myndigheter eller andre, søker konsernet å fremme utvikling i næringen og i samfunnet gjennom samarbeid.”

Annual report 2024A · The company itself

VentasSector unknown

Market · strengthens · strength 2/3

“NOI—OM&R Segment The following table summarizes results of operations in our OM&R segment for the years ended December 31, 2025 and 2024 (dollars in thousands).”

Annual report 2025A · The company itself

VerizonSector unknown

Market · strengthens · strength 2/3

“Verizon Business Group Our Business segment provides wireless and wireline communications services and products, including mobility communication services, FWA and wireline broadband, IoT connectivity solutions, advanced communication services, corporate networking solutions, local and long distance voice services, and security and managed network services. We provide these products and services to businesses, public sector customers and wireless and wireline carriers across the U.S. and a subset of these products and services to customers around the world.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Enterprise and Public Sector Enterprise and Public Sector offers wireless products and services as well as wireline connectivity such as broadband and managed solutions to our large business and public sector customers. Public sector customers include U.S. federal, state and local governments and educational institutions.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“In our Business segment, we offer wireless and wireline products and services to businesses and public sector customers across the U.S and around the world. We continue to grow our connections while operating in a highly competitive environment.”

Annual report 2025A · The company itself

VertivSector unknown

Market · strengthens · strength 2/3

“We primarily serve customers across three main end markets: (1) data centers (including hyperscale/cloud, colocation, neocloud and enterprise), (2) communication networks and (3) commercial and industrial applications.”

Annual report 2025A · The company itself

Vestas Wind SystemsRenewable energy

Market · strengthens · strength 2/3

“Our primary customers are utility and infrastructure companies, which seek to integrate renewable energy into electric power grids. We also work with independent power producers that develop and operate wind farms relying on our technology to deliver consistent energy output.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Streamingtjänsten Viaplay vänder sig till en bred publik med en unik kombination av direktsänd sport i världsklass, det bästa från Hollywood och attraktivt lokalt innehåll.”

Annual report 2024A · The company itself

ViatrisSector unknown

Strategy · strengthens · strength 2/3

“Viatris has designed its global operations and supply chain to be a reliable and flexible partner for access across the world, constantly adapting to an ever-evolving landscape. Viatris owns 27 manufacturing, packaging, and distribution sites worldwide that produce oral solid doses, injectables, and products with complex dosage forms on five different continents.”

Annual report 2025A · The company itself

Vici PropertiesSector unknown

Market · strengthens · strength 2/3

“Our Relationship with Caesars and MGM Caesars and MGM, our two largest tenants representing 39% and 35%, respectively, of our annualized rent as of December 31, 2025, are leading owners and operators of gaming, entertainment and leisure properties.”

Annual report 2025A · The company itself

Visa Inc.Sector unknown

Market · strengthens · strength 2/3

“Table of Contents Our portfolio of commercial payments solutions includes small business cards, corporate (travel) cards, purchasing cards, virtual cards and digital payment credentials. Businesses look to optimize processes and effectively manage working capital by utilizing our commercial payments solutions. To support small businesses we expanded the small business supplier matching webtool so that it is directly accessible to small- and medium-size businesses, enhancing their ability to use their payment credentials for business payments.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“NO 2018 42 93 % Vitec ALMA Informationshantering inom processindustri och energibolag i Finland.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“SE 2020 56 98 % Vitec Autosystemer Fordons-, transport- och maskinbranschen i Norge.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“NO 2015 38 76 % Våra affärsenheter Affärsenhet Målgrupp Säte Förvärvsår Det här är Vitec Vd har ordet Ordförande har ordet Vitec 40 år Affärsmodell och position Programvaror för unika behov Vi skapar Vitec tillsammans Aktien och ägare Vitec Futursoft Fordons- och maskinbranschen i Finland och Sverige.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“BE 2024 48 99 % Vitec Unikum Handel och tillverkningsindustri i Sverige.”

Annual report 2024A · The company itself

Volati ABSector unknown

Market · strengthens · strength 2/3

“Volati är en industrigrupp organiserad i de tre affärsområdena Salix Group, Ettiketto Group och Industri. Verksamheterna inom Salix Group och Ettiketto Group har en tydlig industriell logik.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Affärsområdets verksamheter erbjuder produkter för bygg och industri, primärt beslag, förnödenheter, insatsvaror och emballage. Affärsområdet erbjuder vidare ett brett utbud av produkter för hem och trädgård samt lant- och skogsbruk.”

Annual report 2024A · The company itself

Volvo Car ABSector unknown

Strategy · strengthens · strength 2/3

“Vår inställning till vertikal integration är att vi gör det vi gör bäst och skapar förutsättningar för andra att göra det de gör bäst. Målet är att alltid göra det som är bäst för våra kunder och eftersom vi känner våra kunder bättre än alla andra, finns det vissa saker som vi kan göra bäst.”

Annual report 2024A · The company itself

VOW ASASector unknown

Strategy · strengthens · strength 2/3

“These are investments made towards several industry verticals – the metallurgical industry, end-oflife tyres, the plastics area, and industry decarbonisation in general. The development work done is also a significant value for the best configuration of the process equipment which is now in preparation to be delivered to Vow Green Metals plant at Follum and the Rhode Island contract.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“In recent years, Vow has broadened the scope to position the technology in new industry verticals. The company has in addition a solid niche position within industrial heat treatment.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“ANNUAL REPORT 2024 5ABOUTVOW The Industrial Solutions segment delivers technologies that convert waste into high-value green products and clean energy. It also provides solutions for food sterilisation and heat treatment.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Evensenis a specialist in energy efficient solutions for heat treatment processes and develops, designs and fabricates industrial furnaces and equipment.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Vow serves customers primarily in the cruise and industrial sectors.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property and casualty business: Insurance and Reinsurance & Monoline Excess.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“There is a higher degree of uncertainty and greater variability regarding estimates of excess workers' compensation and assumed reinsurance loss reserves. In the case of excess workers’ compensation, our policies generally attach at $1 million or higher.”

Annual report 2025A · The company itself

WabtecSector unknown

Market · strengthens · strength 2/3

“As a result of those strategic acquisitions, as well as other smaller acquisitions and organic growth, Wabtec is a global provider of value-added, technology-based locomotives, equipment, systems and services for the freight rail and passenger transit industries, and the mining, marine, and industrial markets and applications.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Customers include large, publicly traded railroads, leasing companies, manufacturers of original equipment such as locomotives and freight cars, utilities, and companies in the mining, marine, and industrial markets.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our customers include passenger transit authorities and railroads throughout North America, Europe, Asia Pacific, Africa, and South America; utilities; manufacturers of transportation equipment, such as locomotives, freight cars, passenger transit vehicles and buses; companies that own, lease, and maintain such equipment; as well as customers in the mining, marine, and industrial markets and applications and companies in the generation, distribution, and charging industries.”

Annual report 2025A · The company itself

Strategy · strengthens · strength 2/3

“Wallenius Wilhelmsen's main objective for the shipping segment is to strengthen its position as the RoRo shipping market leader with unrivaled high & heavy and breakbulk capabilities.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“We partner with global original equipment manufacturers in the automotive segment, as well as the leading manufacturers of high & heavy equipment for construction, agriculture and mining.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Total high and heavy revenue was USD 165 million, an increase of USD 22 million vs 2023. EBITDA for 2024 was USD 35 million compared to USD 31 million in 2023 Terminal revenue was USD 283 million, a 4 percent increase from 2023.”

Annual report 2024A · The company itself

WALLENSTAM ABSector unknown

Market · strengthens · strength 2/3

“Göteborgs Stad 20 303 Essity Hygiene and Health AB 15 639 Convendum AB 14 757 Filmstaden AB 14 508 Riksarkivet 11 000 Västra Götalandsregionen 10 832 Fridaskolorna AB 8 088 Dagab Inköp & Logistik AB 7 233 ICA Fastigheter AB 6 906 Frisk Service i Göteborg AB 5 854 Summa 115 120 Våra tio största hyresgästers hyresvärde motsvarar 8 % av det totala hyresvärdet eller 17 % av hyresvärdet i det kommersiella beståndet.”

Annual report 2024A · The company itself

Waste ManagementSector unknown

Market · strengthens · strength 2/3

“For 24 of these projects, the gas is used at the landfill or delivered by pipeline to industrial customers as a direct substitute for fossil fuels in industrial processes.”

Annual report 2025A · The company itself

Waters CorporationSector unknown

Market · strengthens · strength 2/3

“The Company’s products are used by pharmaceutical, clinical, biochemical, industrial, nutritional safety, environmental, academic and governmental customers working in research and development, quality assurance and other laboratory applications.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“During 2025, 59% of the Company’s net sales were to pharmaceutical accounts, 30% to other industrial accounts and 11% to academic institutions and governmental agencies.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Approximately 59% and 58% of the Company’s net sales in 2025 and 2024, respectively, were to worldwide pharmaceutical accounts, which are periodically subject to unfavorable market conditions and consolidations.”

Annual report 2025A · The company itself

WEBSTEP ASASector unknown

Market · strengthens · strength 2/3

“Webstep has customers both within the private and public sectors, and a solid track record of delivering mission-critical solutions to our customers.”

Annual report 2024A · The company itself

Wells FargoSector unknown

Market · strengthens · strength 2/3

“We also provide financial solutions to private, family owned and public companies through products and services including banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“We also provide a suite of capital markets, banking and financial products and services to corporate, commercial real estate, government and institutional clients through corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, as well as sales, trading, and research capabilities.”

Annual report 2025A · The company itself

Western DigitalSector unknown

Market · strengthens · strength 2/3

“Client. Through the Client end market, we provide our original equipment manufacturer (“OEM”) and channel customers a broad array of high-performance HDD solutions across desktop and notebooks. Our products are designed for use in devices requiring high performance, reliability and capacity with various attributes such as low cost per gigabyte, quiet acoustics, and low power consumption.”

Annual report 2026A · The company itself

Wetteri OyjSector unknown

Market · strengthens · strength 2/3

“Konsernin liiketoiminta koostuu uusien ja käytettyjen henkilö- ja hyötyajoneuvojen kaupasta, ajoneuvojen huolto-, korjaamo- ja varaosapalveluista sekä raskaan kaluston myynti- ja huoltotoiminnoista.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Käyttökate (EBITDA) 1 490 -243 - Oikaistu käyttökate 1 617 355 356 % Liikevoitto (EBIT) 613 -1 040 - Oikaistu liikevoitto 790 -416 - Raskas kalusto -segmentin liikevaihto kehittyi tilikaudella 2025 suotuisasti ja oli 27,7 (18,4) miljoonaa euroa. Liikevaihto kasvoi 50 prosenttia vertailukauteen nähden.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Wetterin raskaan kaluston segmentti muodostuu tytäryhtiöistä Suvanto Trucks Oy:stä ja Lahden Rekkapaja Oy:stä, joissa tavoitteena on kannat - tava liiketoiminta käytettyjen kuorma-autojen kaupassa sekä huolto- ja korjaamopalveluissa.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“I oktober blir det klart att det globala sport- och fritidsföretaget Thule Group, som många associerar med den välkända takboxen, flyttar sitt huvudkontor till Dockan (Dockporten 1) sommaren 2025.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Lundabolaget BPC Instruments tecknar avtal om en ny byggnad för lager, produktion och kontor på Tomaten 1 i Hasslanda i Lund, och blir därmed granne med kontraktstillverkaren Inpac.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Med elektronikföretaget NOTE Lund tecknar vi avtal om en ny anläggning på 9 000 m på Hasslanda (Stora Råby 32:22). Anläggningen kommer innehålla kontor, produktion och lager med målsättningen att certifieras med Miljöbyggnad Guld.”

Annual report 2024A · The company itself

Williams-Sonoma, Inc.Sector unknown

Strategy · strengthens · strength 2/3

“Our in-house design capabilities and vertically integrated sourcing organization allow us to deliver high-quality, lasting products at competitive prices.”

Annual report 2026A · The company itself

Market · strengthens · strength 2/3

“Additionally, as we continue to grow our business-to-business division, which targets commercial businesses across a number of verticals, including commercial furniture and hospitality, we are exposed to risks related to changes in our business-to-business customers’ discretionary spending, the timing of their budget cycles and purchasing decisions, and payment schedules. Negative changes in factors affecting our business-to-business customers’ discretionary spending may decrease demand for our business-to-business services, which could reduce our sales and harm our business and operating results.”

Annual report 2026A · The company itself

Willis Towers WatsonSector unknown

Market · strengthens · strength 2/3

“Risk & Broking (‘R&B’) The Risk & Broking (‘R&B’) segment provides a broad range of risk advice, insurance brokerage and consulting services to clients worldwide ranging from small businesses to multinational corporations.”

Annual report 2025A · The company itself

Wise Group ABSector unknown

Market · strengthens · strength 2/3

“Inom segmentet utförs rekrytering och uthyrning av specialister och chefer inom huvudsakligen försäljning, marknad, IT, ekonomi och HR.”

Annual report 2024A · The company itself

Workday, Inc.Sector unknown

Market · strengthens · strength 2/3

“Customers We sell to emerging, medium-sized, and large global organizations that span numerous industry categories, including financial services, government, healthcare, higher education, hospitality, manufacturing, professional and business services, retail, technology and media, and transportation.”

Annual report 2026A · The company itself

Wulff-Yhtiöt OyjSector unknown

Market · strengthens · strength 2/3

“It offers a comprehensive range of practical work tasks in various industries in Finland, from diverse field and production work to services, customer service, and logistics.”

Annual report 2025A · The company itself

Wärtsilä Oyj AbpSector unknown

Market · strengthens · strength 2/3

“Keskeisiä asiakassegmenttejä ovat sähkölaitokset, itsenäiset voimantuottajat ja teollisuusyritykset, jotka tuottavat sähköä energiamarkkinoille, suoraan loppukäyttäjille tai omaan käyttöön.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Wärtsilän kolme tärkeintä asiakassegmenttiä energiamarkkinoilla ovat sähkölaitokset, itsenäiset voimantuottajat ja teollisuusasiakkaat.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Logistikanläggning på 20 500 kvm Ett viktigt steg med att ytterligare etablera Logistic Contractor som industribyggare togs under 2023 när avtal tecknades med Stegra (tidigare H2 Green Steel) om att bygga delar av deras anläggning för produktion av grönt stål i Boden.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Bland annat tecknades avtal med Boliden om en tillbyggnad av deras anläggning Rönnskär i Skellefteå samt med Skellefteå kommun om en skola.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Det finns även en viss efterfrågan på mindre kontor, produktionsanläggningar och lager.”

Annual report 2024A · The company itself

XANO INDUSTRI ABSector unknown

Market · strengthens · strength 2/3

“XANO-koncernen utgörs av teknikföretag som erbjuder tillverknings- och utvecklingstjänster för industriprodukter och automationsutrustning.”

Annual report 2024A · The company itself

Xylem Inc.Sector unknown

Market · strengthens · strength 2/3

“The utility market includes public, private and public-private entities that support water, wastewater and storm water networks. The industrial market includes customers that require similar water and wastewater infrastructure applications to support various industrial operations.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Our Water Solutions and Services segment reaches customers across industrial vertical markets, such as life sciences, microelectronics, food and beverage, chemical processing and power generation, and various municipalities.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Yara Industrial Solutions serves customers with products that are essential for society, such as solutions to reduce harmful NO x emissions to air, and base chemicals for pharmaceutical, electronics, automotive, and construction industries.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“The Industrial Solutions segment mainly provides nitrogen-based solutions and services across a wide range of industries.”

Annual report 2024A · The company itself

YIT OyjSector unknown

Market · strengthens · strength 2/3

“Strategiakaudella segmentti keskittyy erityisesti kasvaviin teollisuuden investointeihin, talotekniikan kyvykkyyksien vahvistamiseen ja kasvuun CEE-maissa. • Tavoitteena on saavuttaa vähintään 4 prosentin vuosittainen kasvu (päivitetty 6.2.2026, aiempi tavoite 2 prosenttia), vähintään 6 prosentin oikaistu liikevoittoprosentti sekä toimia jatkuvasti negatiivisella sitoutuneella pääomalla.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“Strategiakaudella Infra-liiketoimintasegmentin kasvua tulevat vauhdittamaan pääasiassa energia- ja teollisuushankkeet, raideinfrastruktuuri ja puolustussektori. • Tavoitteena on saavuttaa vähintään 10 prosentin vuosittainen kasvu (päivitetty 6.2.2026, aiempi tavoite 5 prosenttia), vähintään 6 prosentin oikaistu liikevoittoprosentti sekä toimia jatkuvasti negatiivisella sitoutuneella pääomalla.”

Annual report 2025A · The company itself

ZALARIS ASASector unknown

Market · strengthens · strength 2/3

“Koivurinta Board Member Erik Langaker Board Member Zalaris’ 1 mission is to simplify HR and payroll administration, and empower businesses with useful information so that they can invest more in people. Zalaris ranks among Europe’s top providers of human capital management (HCM) and payroll solutions – addressing the entire employee lifecycle, from recruiting and onboarding to compensation, time and attendance, travel expenses and performance management.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Another notable contract won in 2024 was with a large German IT company, involving comprehensive payroll and HR services for approximately 4,400 employees across nine countries.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“This is exemplified by multi-country contracts with clients such as Yunex Traffic and Innomotics. Additionally, growth will be driven by expanding services for existing customers, including broader geographic coverage, as demonstrated by partnerships with Siemens, Tryg, and Circle K, along with our agreement with a major global retailer.”

Annual report 2024A · The company itself

Market · strengthens · strength 2/3

“Our customer and end-user base consists primarily of corporate clients and their employees who depend on Zalaris for accurate payroll processing, compliance management, and workforce-related solutions. These groups include corporate employees who rely on payroll and HR systems and HR professionals managing workforce-related functions.”

Annual report 2024A · The company itself

Zebra TechnologiesSector unknown

Market · strengthens · strength 2/3

“Principal product categories within the Connected Frontline segment include: Mobile Computing: We design, manufacture, and sell rugged and enterprise-grade mobile computing products and accessories in a variety of specialized form factors and designs to meet a wide array of enterprise applications. Purpose-built handheld and wearable mobile computers, vehicle mounted computers, tablets and kiosks ensure reliable operations for targeted use cases, surviving years of rough handling and harsh environments. Industrial applications include inventory management in warehouses and distribution centers; field mobility applications include field service, post and parcel, and direct store delivery; and retail and customer facing applications include e-commerce, omnichannel, mobile point of sale, inventory look-up, staff collaboration, and analytics.”

Annual report 2025A · The company itself

Market · strengthens · strength 2/3

“End-users of our offerings include those in retail and e-commerce, manufacturing, transportation and logistics, healthcare, hospitality, public sector, and other industries.”

Annual report 2025A · The company itself

ØrstedRenewable energy

Market · strengthens · strength 2/3

“Our wind and solar PV assets are largely subject to prices that are indexed to inflation or are fixed nominal, implying a high degree of revenue certainty, setting aside the above-mentioned volume risk. This means that we know the price (or minimum price) per generated MWh for most wind farms in the Netherlands, the US, and Germany and for the CfD wind farms in the UK.”

Annual report 2025A · The company itself

Zealand PharmaBiotechnology

Input · weakens · strength 1/3

“Roche is responsible for investments into commercial manufacturing and supply.”

Annual report 2025A · The company itself