Gesco Ag · XETR:GSC1
Gesco — H1 2025 Earnings Presentation
19 slides from Gesco's earnings presentation, Aug 13, 2025
Slide 1: H1 2025 Financials
ference Call 5
Slide 2: M&A update: GESCO acquires Eckart GmbH
M&A update: GESCO acquires Eckart GmbH The company’s profile [ industrial Assets & infrastructure } ECKART PART OF THE GESCO GROUP € 2024 sales (in € millions) 20 Mio. € @ Staff (31.12.2024) 187 © GESCO SE shareholding 100% Ea Member of the GESCO Group since 2025
Slide 3: M&A update: GESCO acquires Eckart GmbH
M&A update: GESCO acquires Eckart GmbH Attractiveness 1 | Differentiating value creation sar 2 | Ability to continuously innovate oP Portfolio of offerings relevant to customer success wun Participants in future-proof sales markets Non-capital-intensive business system 6 | Scalable business system C
Slide 4: Strategy Deployment: priorities, objectives and targets
• • • • • • • 8 of 9 GESCO companies hve a plan to grow in the Americas ● ● ● ● (organically & anorganically) and started its execution The GBS and its key elements is launched and ● ● ● ● ● ● ● internalized on a global basis Close at least one add-on and one grouplevel ● ● ● acquisition ● ● ● ● ● ●
Slide 5: The GESCO Business System GBS: Strategic Planning
The GESCO Business System GBS: Strategic Planning - An integrated approach to decision making STRATEGIC PLANNING PROCESS (SPP) Where am | today and where do | want to go? WINNING ASPIRATION? WHERE TO PLAY? HOW TO WIN? Trends & Market & Customer Product and external factors Sales needs service portfo
Slide 6: The general climate in Germany has been characterised by uncertainty
The general climate in Germany has been characterised by uncertainty and a reluctance to invest in recent months Change in SME index sales Change in SME index sales Figures in percent in the manufacturing sector Figures in percent 30 20 -10 -20 20 03/18 O19 01/20 01/21 01/22 01/23 01/24 01/25 06/25*
Slide 7: The general weather situation in Germany and the world could slowly clear up
The general weather situation in Germany and the world could slowly clear up in the coming quarters ifo Institut Ifo Economic Forecast 12,June 2025 ifo Economic Forecast Summer 2025: Recovery Is Getting Closer - Economic Policy Uncertainty Remains High "Numerous indicators suggest that the crisis in
Slide 8: Slide 8
Slide 9: Group at a glance
Group at a glance 01.01.2024 - Change in 30.06.2024! (in %) in € thousand Incoming orders 240.276 275.500 -12,8% . . Sales B7040 059.845 6.9% Restrained demand leads to a decline EBITDA 16.473 15.678 5.1% in incoming orders and orders on EBIT 8.303 6.568 26,4% cn hand. ROS in % 3,5% 2,6% 90 bp EBT 6
Slide 10: Previous year adjusted for sold division
Previous year adjusted for sold division Sales and earnings on previous year Order Intake H1/ 2024 Foundry & Steelworks AstroPlast 237.2 11% Sales 252.8 10.2 79 EBIT 66 -24 0.5 ROS 2.6% -20.4% 6.3% 8.3 1.9% 3.5% 0.8% 10
Slide 11: Key figures by quarter
Key figures by quarter Adjustment measures take effect and EBIT maintained in Q2 despite decline in sales Q1/2024 Q2/2024 adjusted adjusted Order Intake 132.8 125.2 114.7 120.0 AT 3.4
Slide 12: Incoming orders by quarter
Incoming orders by quarter A high level of uncertainty and the associated reluctance to invest is still noticeable on the markets. This led to a 14% decline in incoming orders in Q2 compared to the adjusted previous year and an 18% decline compared to Q1 2025. Incoming orders in € million 142,3 32,8
Slide 13: Sales by quarter
Sales by quarter All segments report weaker business performance in the second quarter, especially in June. Turnover in € million 130,1 130,9 1243 128,5 5 121,6 23,8 121,7 | | | | | | Q124 Q224 Q3 24 Q4 24 Q125 Q225 mTurnover — Sales adj. 3
Slide 14: Materials Refinement & Distribution
Materials Refinement & Distribution Focus: 'Processes' Incoming orders in€ million Turnover in€ million 125,2 126,8 116,7 . | . . | H12024 H12025 H1 2024 H12025 EBIT iné million ROS in 6,7 46 557% 2,7 H1 2024 H1 2025 4
Slide 15: Health Care & Life Science
Health Care & Life Science Focus: 'Products' Incoming orders in€ million 75,7 68,1 H12024 H1 2025 Sales in€ million 76,7 H12024 T9A H1 2025 EBIT in€ million ROS in 6,9 - H1 2024 H1 2025 15
Slide 16: Industrial Assets & Infrastructure
Industrial Assets & Infrastructure Focus: 'Projects' Incoming orders in€ million Sales in€ million 666 62,7 47,0 a5 H12024 H12025 H1 2024 H1 2025 EBIT iné million ROS in% 11 2,5% H1 2024 H2 2025 16
Slide 17: Free cash flow influenced by higher investments and slower working capital reduction
Free cash flow influenced by higher investments and slower working capital reduction Working capital Free cash flow Net debt incl. leasing 134 41,6 ai 173,5 169,8 2,4 2024 H1 2025 H1 2024 H1 2025 2024 H12025 7
Slide 18: Forecast 2025
Forecast 2025 Foundry & Deconsoli- 2024 in Mio. € 2024 Steelworks AstroPlast dation adjusted Sales 513.8 18.7 15.0 480. 485-515 Group earnings 44 -9.0 -0.7 1.0 13.1 13-17 Acquisition of Eckart GmbH does not lead to a forecast adjustment. Eckart is expected to generate sales of around € 20 million in
Slide 19: Q&A
Q&A