Elringklinger Ag · XETR:ZIL2
Elringklinger — Investor Presentation (June 2026)
56 slides from Elringklinger's investor presentation, June 2026
Slide 1: Investor Presentation
Investor Presentation ELRINGKLINGER GROUP
Slide 2: ElringKlinger at a Glance
01 ElringKlinger at a Glance
Slide 3: ElringKlinger at a Glance
GROUP ElringKlinger at a Glance ORIGINAL EQUIPMENT AFTERMARKET 68% of Group sales Sales: Employees: 1,117 mEUR around 7,350 23% of Group sales Sales: 378 mEUR Employees: around 350 LIGHTWEIGHTING/ SEALING SOLUTIONS & ENGINEERED ELASTOMER TECHNOLOGY METAL COMPONENTS ENGINEERED PLASTICS 9% Sales: 145
Slide 4: At a glance
FACTS & FIGURES At a glance FOUNDED IN WORLDWIDE AROUND 1879 40+ 8,600 LOCATIONS EMPLOYEES AT THE END OF YEAR FAMILY AS A 1,641 STRONG ANCHOR 5.4 % MIO. EUR IN SALES SHAREHOLDER EBIT-MARGIN ADJUSTED AS OF DECEMBER 31, 2025 4 Investor Presentation
Slide 5: Strong efforts laid foundation for further transformation
HIGHLIGHTS FY2025 Strong efforts laid foundation for further transformation Overall, uncertainty and volatility remain high Next step of transformation: High investments for the ramp-up of further series projects for cell contact systems Strong cash flow at year-end: operating free cash flow at 2.0%
Slide 6: Group Strategy
02 Group Strategy
Slide 7: Purpose Vision Mission
PURPOSE VISION MISSION PIONEERING THE PREFERRED SHAPING THE FUTURE OF INNOVATIVE PARTNER IN ELRINGKLINGER BY TECHNOLOGIES DRIVING #1 PRODUCT TRANSFORMATION FOR A INNOVATIVE #2 SUSTAINABILITY SUSTAINABLE TECHNOLOGIES. #3 PROCESS AND PERFORMANCE FUTURE. EXCELLENCE #4 DIGITAL TRANSFORMATION #5 CORPORAT
Slide 8: Product Transformation Sustainability
#1 PRODUCT #2 SUSTAINABILITY #3 PERFORMANCE & #4 DIGITAL #5 CORPORATE TRANSFORMATION PROCESS EXCELLENCE TRANSFORMATION CULTURE 88 CompanyPresentation Investor Presentation
Slide 9: Strong Portfolio for Future Technologies
PRODUCTS Strong Portfolio for Future Technologies Lightweighting Fuel cell Battery ICE components Drive technology components technology technology Less weight Higher range Alternative technology Alternative technology Alternative technology (ICE) (HEV/NEV) (HEV/NEV) (HEV/NEV) (HEV/NEV) Less fuel co
Slide 10: Innovative Products based on core competencies
PRODUCTS Innovative Products based on core competencies Coating, stamping, embossing Process Material knowledge + know- how + Injection molding Metal forming 10 Investor Presentation
Slide 11: Two sides of the same strategic story
GROUP STRATEGY Two sides of the same strategic story GROWTH EFFICIENCY TARGETS Ramping up e-mobility orders Returning to disciplined in all major auto regions capex after investment cycle ENHANCING for ramp-up of new orders PROFITABILITY, PARTICULARLY IN Capitalizing on our strong market Optimizing
Slide 12: Growth: Contributing to margin and improving KPIs
GROUP STRATEGY Growth: Contributing to margin and improving KPIs SALES PROFITABILITY CONTINUED CASH FLOW E-MOBILITY OE SEGMENT* GENERATION in mEUR OE (excl. E-Mob) Operating free cash flow in % of Group sales OE (incl. E-Mob) 5.6 4.8 144 102 Adj. EBIT FY2025 3.2 48 -61 mEUR 2.0 2.0 0.7 E-Mobility -0
Slide 13: Costs: Structurally reducing cost base for optimized positioning
GROUP STRATEGY Costs: Structurally reducing cost base for optimized positioning REDUCING CAPEX OPTIMIZING TERMINATING COST LEVEL UNDERPERFORMING Capex in mEUR resp. % of Group sales ~8% ACTIVITIES +>50 mEUR of cost savings and 143 ramp-up contribution 108 Adj. EBIT margin 71 8.7 6.0 2025 of 5.4% 3.9
Slide 14: The major steps of SHAPE30
GROUP STRATEGY The major steps of SHAPE30 2024 2026 2028 2030 Shaping the profile Realizing growth Above break-even point in E-Mobility MEASURES & COSTS GROWTH PROFITS & CASH MID-TERM TARGETS 14 Investor Presentation
Slide 15: Financial Figures
03 Financial Figures
Slide 16: Target elements of SHAPE30
GROUP STRATEGY Target elements of SHAPE30 SALES EARNINGS CASH NET DEBT 16 Investor Presentation
Slide 17: Target elements of SHAPE30 and guidance 2025: well on track
GROUP STRATEGY Target elements of SHAPE30 and guidance 2025: well on track FY25: On prior- year SALES level in organic terms ✓ FY25: Adjusted EBIT EARNINGS margin of around 5% ✓ FY25: Around 1% to 3% CASH of Group sales ✓ NET DEBT FY25: Below 2.0 ✓ 17 Investor Presentation
Slide 18: Organic growth in a challenging market environment
GROUP FINANCIALS FY 2025 Organic growth in a challenging market environment Sales – in mEUR Factors of sales development – in mEUR (Organic: +2.3%) -9.0% 1,847 1,803 1,803.1 1,644 1,641 40.4 Organic: +2.3% Guidance: On 159.7 1,640.9 prior-year level 37.9 in organic terms ✓ 2023 2024 2024* 2025 2024
Slide 19: Scaling the E-Mobility business
GROUP FINANCIALS FY 2025 Scaling the E-Mobility business Sales by business unit – in % of Group sales Sales by region – in % of Group sales 1,803 1,641 Others 1,803 <1% 7% <1% Engineered Plastics 6% 1,641 South America & 9% 15% 6% Rest of World 19% Aftermarket 17% Asia-Pacific 6% 23% E-Mobility 25%
Slide 20: Broadly Diversified Customer Base
GROUP FINANCIALS FY 2025 Broadly Diversified Customer Base Sales by customer – in % of Group sales American OEMs 6% 14% (16%) 6% 2% Other 6% 30% (31%) 1,641 5% German OEMs mEUR 4% 15% (17%) 4% 2% Aftermarket Tier 1 23% (19%) 13% (12%) European OEMs 6% (6%) 20 Investor Presentation
Slide 21: Robust earnings on operating level
GROUP FINANCIALS FY 2025 Robust earnings on operating level (Adjusted) EBITDA – in mEUR EBIT adjusted – in mEUR (Adjusted) EBITDA margin – in % of Group sales Adjusted EBIT-margin – in % of Group sales -10% 200.3 100.1 +1% 197.1 178.3 87.6 88.6 10.8 10.9 10.9 Guidance: 8.0 7.8 5.4 5.4 Around 5% 4.9
Slide 22: One-off items due to strategic measures
GROUP FINANCIALS FY 2025 One-off items due to strategic measures EBIT adjustments in FY2025 – in mEUR Bridge EBIT adjusted 2024 to 2025 – in mEUR EBIT margin adjusted – in % of Group sales 5.4% 88.6 4.9% 21.6 -4 8 24.0 -10 87.6 7 88.6 9.0 14.6 19.3 EBIT Structural Other EBIT 2024 Measures Tariffs 20
Slide 23: Dividend proposed due to operating earnings basis
GROUP FINANCIALS FY 2025 Dividend proposed due to operating earnings basis (Adjusted) earnings per share – in EUR Return on capital employed (ROCE) adjusted – in % of Dividend per share – in EUR capital employed 0.88 0.70 0.62 7.7 0.15 Dividend per share 6.8 6.7 0.15 0.15 Earnings per share Guidance
Slide 24: Low net working capital, high capex for ramp-up of orders
GROUP FINANCIALS FY 2025 Low net working capital, high capex for ramp-up of orders R&D expenses – in mEUR Net working capital – in mEUR Capex – in mEUR R&D ratio – in % of Group sales Net working capital ratio – in % of Group sales Capex ratio – in % of Group sales +32% -6% 96.0 95.3 466.3 142.7 89.
Slide 25: Low debt level despite high investments
GROUP FINANCIALS FY 2025 Low debt level despite high investments Operating free cash flow – in mEUR Net financial debt – in mEUR Equity – in mEUR Net financial debt to EBITDA (adjusted) Equity ratio – in % of total assets -43% +17% 58.4 323 910.7 287 -3% 246 685.3 666.3 36.7 33.1 Guidance: Guidance:
Slide 26: Sustained growth in Engineered Plastics & Aftermarket
GROUP FINANCIALS FY 2025 Sustained growth in Engineered Plastics & Aftermarket Segmental sales – in mEUR Adjusted EBIT margin - in % of segmental sales -16.3% +12% 1,412 1,335 1,117 378.2 336.3 300.1 Original 24.0 22.9 20.8 0.7 Aftermarket Equipment (OE) -0.1 -0.7 2023 2024 2025 2023 2024 2025 +11%
Slide 27: Sales growth while market is contracting
QUARTERLY FINANCIALS Q1 2026 Sales growth while market is contracting Sales – in mEUR Sales – in mEUR LV production – in million units -3.4% Organic: +4.7 % +1.6% 1.6% 22,253,199.0 430.0 21,503,907.0 423.1 19.8 -1.0% 9.7 4,189,863.0 3.1 423.1 408.3 395.5 414.0 430.0 4,147,177.0 -1.6% 1,105,035.0 1,0
Slide 28: Adjusted EBIT margin on track
QUARTERLY FINANCIALS Q1 2026 Adjusted EBIT margin on track Adjusted EBITDA – in mEUR Adjusted EBIT – in mEUR Adjusted EBIT bridge – in mEUR Adjusted EBITDA margin – in % of sales Adjusted EBIT margin – in % of sales +41% +42% 59.1 29.1* -2.2 29.1 50.2 24.2 -1.7 2.6 -0.6 45.1 22.7 41.9 41.1 20.5* 21.
Slide 29: Capex and R&D expenses on path to achieve FY outlook
QUARTERLY FINANCIALS Q1 2026 Capex and R&D expenses on path to achieve FY outlook R&D expenses (incl. capitalized R&D) – in mEUR Net working capital – in mEUR Capex – in mEUR R&D ratio – in % of sales Net working capital ratio – in % of sales Capex ratio – in % of sales -14% -16% -53% 24.9 454 45.0
Slide 30: Net debt on rather low level despite ramp-up situation
QUARTERLY FINANCIALS Q1 2026 Net debt on rather low level despite ramp-up situation Operating free cash flow – in mEUR Net financial debt – in mEUR Equity – in mEUR Net financial debt to EBITDA (adjusted) Equity ratio – in % of total assets +12% -0.2% 111,6 413 688 666 686 389 659 653 370 375 28,2 2
Slide 31: Aftermarket and Engineered Plastics delivering
QUARTERLY FINANCIALS Q1 2026 Aftermarket and Engineered Plastics delivering Sales – in mEUR Adjusted EBIT margin - in % of segmental sales -1% +8% 282 277 297 280 262 109.8 102.0 95.4 96.1 84.7 1.0 Original 18.0 0.2 Equipment (OE) -0.8 -0.9 23.7 22.6 24.3 Aftermarket -3.0 18.7 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q
Slide 32: Target elements of SHAPE30 and mid-term guidance: profitable growth
GROUP STRATEGY Target elements of SHAPE30 and mid-term guidance: profitable growth Mid-term: Moderate organic SALES growth Enhancing profitability esp. in OE segment Mid-term: Adjusted EBIT EARNINGS margin of around 8% Mid-term: Around 2% to 4% CASH of Group sales Generating sustained cash flow NET
Slide 33: Markets & Outlook
04 Markets & Outlook
Slide 34: Global market facing a slowdown in 2026
MARKETS Global market facing a slowdown in 2026 (Expected) LV production by region – in million units -2.3% -1.8% -2.0% 33.1 32.3 33.3 17.3 30.1 16.2 17.2 17.0 16.7 15.4 15.3 15.0 2024 2025 2026e 2030e 2024 2025 2026e 2030e 2024 2025 2026e 2030e NORTH AMERICA EUROPE GREATER CHINA -1.8% 89.6 93.1 91.
Slide 35: Outlook
GROUP OUTLOOK FY 2026 MID-TERM ACTUAL 2025 Up slightly year-on-year Sales Moderate organic growth +2.3% in organic terms* EBIT margin adjusted Approx. 6 to 7% of sales Approx. 8% of sales 5.4% Operating free cash flow Slightly positive Approx. 2 to 4% of sales 2.0% ROCE adjusted Approx. 8 to 9% At l
Slide 36: Financial calendar 2026
GROUP Financial calendar 2026 Q3 2026 November 5, 2026 Q2 2026 August 5, 2026 36 Conference Call on Q1 2026 Figures
Slide 37: The ElringKlinger Difference
The ElringKlinger Difference With our strong technological orientation, we pioneer innovative solutions. We will leverage our strong ICE market position and capture the growth potential of attractive future markets. Our evolved product portfolio will be further developed and brought into market. We
Slide 38: Appendix
05 Appendix
Slide 39: A global footprint
APPENDIX: GROUP A global footprint NORTH AMERICA EUROPE CANADA GERMANY SPAIN Leamington Dettingen/Erms Reus Langenzenn USA Runkel ITALY Plymouth Geretsried-Gelting Settimo Torinese Southfield Lenningen Fort Wayne Bietigheim-Bissingen HUNGARY San Antonio Heidenheim Kecskemét Easley Mönchengladbach Wi
Slide 40: Senior Management
APPENDIX: GROUP Senior Management Thomas Jessulat, CEO Ulrich Zimmer, COO (starting July 1, 2026) Isabelle Damen, CFO Dirk Willers, CSO 40 Investor Presentation
Slide 41: Product portfolio
APPENDIX: GROUP Product portfolio Metal Sealing Systems & E-Mobility modules Drivetrain Components • Batterie modules • PEM fuel cell stack Metal Forming & Lightweighting/ Assembly Technology Elastomer Technology • Underbody protection • Cross-car beam • Plastic modules (cam cover) 41 Investor Prese
Slide 42: Expertise: Battery technology
APPENDIX: GROUP Expertise: Battery technology » BATTERY MODULES gasket AND PACKS ElringKlinger-standard modules and » PRESSURE EQUALIZING systems or customer-specific ELEMENTS solutions: with prismatic or controlled ventilation system with cylindrical cells integrated safety function » CELL CONTACTI
Slide 43: Expertise: E-mobility drive components
APPENDIX: GROUP Expertise: E-mobility drive components » ROTOR-/ STATOR LAMINATIONS » METALLIC COVERS MetaloBond full face glue technology for inverters, HV shielding with best-in-class sealing function to and charging units enable direct cooled systems » SEALING SOLUTIONS » COVERS WITH INTEGRATED e
Slide 44: Expertise: Fuel cell technology
APPENDIX: GROUP Expertise: Fuel cell technology » POLYMER ELECTROLYTE-FUEL CELL STACKS (PEMFC) for industrial applications; different stack platforms available (NM5-evo, NM12-single, NM12-twin) » FUEL CELL MODULES EK-NM5 platform and necessary periphery » METALLIC BIPOLAR PLATES for fuel cell and el
Slide 45: Expertise: Lightweight technology
APPENDIX: GROUP Expertise: Lightweight technology » PLASTIC-METAL HYBRID TECHNOLOGY e.g. cockpit cross beam, front-end carrier, front-end adapter » THERMOPLASTIC COMPOSITE HYBRID TECHNOLOGY e.g. front-end carrier, door module carrier » PLASTIC INJECTION-MOLDING AND ELASTOMER TECHNOLOGY e.g. oil pans
Slide 46: Expertise: Engine technology
APPENDIX: GROUP Expertise: Engine technology » CYLINDER-HEAD GASKETS single-layer or multi-layer (Metaloflex , metal-elastomer) » SPECIALTY GASKETS static gaskets (Metaloseal rubbercoated gasket, metal-elastomer, elastomer, soft material) and volume seals, tailored for high temperature applications
Slide 47: Expertise: Transmission technology
APPENDIX: GROUP Expertise: Transmission technology » SPECIALTY GASKETS static gaskets (Metaloseal rubbercoated gasket), metal-elastomer, elastomer, soft material) » SHIELDING SYSTEMS thermal und acoustic shielding parts » PLASTIC HOUSING MODULES e.g. cam covers, oil pans » DEEP-DRAWN AND TOPOGRAPHIC
Slide 48: Statement of Financial Position
GROUP FINANCIALS STATEMENT OF FINANCIAL POSITION ASSETS Dec. 31, 2025 Dec. 31, 2024 LIABILITIES AND EQUITY Dec. 31, 2025 Dec. 31, 2024 Intangible assets 111,159 122,552 Share capital 63,360 63,360 Property, plant, and equipment 800,873 715,129 Capital reserves 118,238 118,238 Financial assets 13,817
Slide 49: Statement of Cash Flows
GROUP FINANCIALS STATEMENT OF CASH FLOWS 2025 2024 2025 2024 Earnings before taxes -17,007 -149,989 Proceeds from non-controlling interests 10,160 28,000 Depreciation/amortization (less write-ups) of non-current 121,434 299,406 Payments to non-controlling interests for the purchase of -15 0 assets s
Slide 50: Key group figures – last 5 years
Key group figures – last 5 years 2025 2024 2023 2022 2021 Order intake 1,617 1,793 1,691 1,874 1,978 Order backlog 1,135 1,159 1,305 1,462 1,386 Sales 1,641 1,803 1,847 1,798 1,624 EBITDA 141 144 200 174 216 EBIT adjusted1 89 88 100 68 102 EBIT margin adjusted1 in % 5.4 4.9 5.4 3.8 6.3 EBIT 19 -150
Slide 51: Key Segmental figures – Last 5 years
Key Segmental figures – Last 5 years 2025 2024 2023 2022 2021 Group Sales 1,641 1,803 1,847 1,798 1,624 Adjusted EBIT 88.6 87.6 100.1 68.4 102.0 Adjusted EBIT margin in % 5.4 4.9 5.4 3.8 6.3 Original Equipment Sales 1,117 1,335 1,412 1,411 1,280 Adjusted EBIT -7.3 -1.4 9.9 -1 37 Adjusted EBIT margin
Slide 52: Key group figures – last 5 Quarters
Key group figures – last 5 Quarters Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Order intake 491 437 467 296 417 Order backlog 1,196 1,617 1,112 1,040 1,152 Sales 430 414 395 408 423 EBITDA 58.4 38.0 25.1 35.8 41.9 EBIT 28.4 -11.5 4.5 6.3 20.0 EBIT margin in % 6.6 -2.8 1.1 1.6 4.7 EBIT adjusted 29.1 22.
Slide 53: Key Segmental figures – Last 5 Quarters
Key Segmental figures – Last 5 Quarters Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Group Sales 430 414 395 408 423 Adjusted EBIT 29.1 22.7 21.2 24.2 20.5 Adjusted EBIT margin in % 6.8 5.5 5.4 5.9 4.9 Original Equipment Sales 280 297 262 277 282 Adjusted EBIT -2.6 0.7 -2.1 2.7 -8.6 Adjusted EBIT margin
Slide 54: Investor Relations Contact
APPENDIX: GROUP Investor Relations Contact Dr. Jens Winter Patrick Perez Vice President Strategic Communications Strategic Communications Phone: +49 7123 724-88335 Phone : +49 7123 724-9983 Mail: jens.winter@elringklinger.com Mail: patrick.perez@elringklinger.com 54 Investor Presentation
Slide 55: SHAPE30 as ElringKlinger's answer
SHAPE30 AS ELRINGKLINGER’S ANSWER TO THE DEMAND OF TODAY AND TOMORROW. 55 Investor Presentation
Slide 56: Disclaimer
Disclaimer Forward-looking statements and predictions This presentation contains statements about the future. These statements are based on current expectations, market evaluations and predictions by the Management Board, and on information that is currently available to them. The statements about t