Inwido (INWI) SEB Nordic Seminar presentation summary

Strategic vision and growth targets

• Aims to double turnover to SEK 20 billion by 2030, focusing on profitable expansion.

• Pursuing leadership in Europe's window and door industry, leveraging strong brands and a premium offering.

• Clear roadmap prioritizes acquisitions, green transition, talent development, and digitalization.

• Annual financial targets include >15% return on operational capital and <2.5x net debt/Op. EBITDA.

• Five key priorities: acquisitions, green initiatives, talent, knowledge sharing, and technology.

Market dynamics and industry fundamentals

• European window and door market valued at ~EUR 60 billion, with 3-4% historic annual growth.

• High entry barriers and fragmented landscape with 10,000+ small businesses.

• Demand expected to rebound at ~4% CAGR through 2028, driven by renovation and new build.

• EU Green Deal and energy efficiency trends boosting long-term demand.

• Solar shading segment identified as a growth opportunity.

Operational performance and resilience

• Sales reached SEK 9 billion with a 10.4% Op. EBITA margin as of Q3 2025.

• Value creation since 2014 IPO: sales +80%, Op. EBITA +108%, EPS +275%, SEK 2.5 bn in dividends.

• Broad geographic and segment exposure reduces cyclicality; 59% of sales from consumers.

• Decentralized governance model empowers business units and drives synergies.

• Maintained profit margins despite a 30% volume drop since 2022 by proactive cost management.