Slide 1: Interpump Group 3Q2025 Financial Results
INTERPUMP GROUP 3Q2025 Financial Results - 14th November 2025
Slide 2: Index
INDEX ▪• KEY KEY HIGHLIGHTS HIGHLIGHTS ▪ 3Q2025 FINANCIAL RESULTS • 4Q-2023 PRELIMINARY FINANCIAL RESULTS ▪ GROUP SUSTAINABILITY PATH ▪ OUTLOOK • GROUP SUSTAINABILITY PATH ▪ ANNEX • OUTLOOK • ANNEX 1
Slide 3: Group – Growth and Cash Flow Generation
3Q2025 GROUP – GROWTH AND CASH FLOW GENERATION ▪ 3Q2025: growth acceleration GROUP 2020-2025 ORGANIC SALES EVOLUTION by QUARTER ‒ Organic sales: +2.3% 50% • Hydraulic: growth after 7 consecutive declines 40% • Water Jetting: influence of comparison effect 30% COVID Post COVID ‒ Organic Profitability
Slide 4: Key Highlights
3Q2025 ▪ KEY HIGHLIGHTS ▪ 3Q2025 FINANCIAL RESULTS 3
Slide 5: Group – Growth and Cash Flow Generation
3Q2025 GROUP – GROWTH AND CASH FLOW GENERATION ▪ 3Q2025 – Sales: acceleration – Profitability: benefits of growth, production efficiencies improvements and “US tariffs” countermeasures – NFP: effective management of sales growth and CAPEX normalisation Million € 3QUARTER 3QUARTER YTD 2024 2025 2024
Slide 6: Divisions – Margin Improvement
3Q2025 DIVISIONS – MARGIN IMPROVEMENT ▪ Hydraulics – Sales: back to growth – EBITDA: full benefit of sales increase ▪ Water-Jetting – Sales: performance influenced by comparison effect with September 2024 – EBITDA: recovery of production inefficiencies Million € 3QUARTER 3QUARTER YTD 2024 2025 2024
Slide 7: Sales – Growth Acceleration
3Q2025 SALES – GROWTH ACCELLERATION ▪ 3Q2025: growth acceleration 3Q2025 GROUP SALES EVOLUTION – Hydraulics: growth after 7 consecutive declines 700 +1.3% – Water Jetting: performance influenced by comparison 650 effect with September 2024 600 € 493m +2.3% +2.0% -3.0% € 499m 550 500 450 400 350 300
Slide 8: Sales – Growth Acceleration (YTD)
3Q2025 SALES – GROWTH ACCELLERATION 3Q2025YTD GROUP SALES EVOLUTION -0.8% 1,900 1,700 € 1.588m -1.7% +2.5% -1.6% € 1.576m 1,500 1,300 1,100 900 700 500 2024 ORGANIC PERIMETERS FX 2025 3Q2025YTD HYDRAULICS SALES EVOLUTION 3Q2025YTD WATER JETTING SALES EVOLUTION -6.0% +10.7% 1,200 € 1.091m -6.7% 800 1
Slide 9: Sales – Water Jetting Business Nature
3Q2025 SALES – WATER JETTING BUSINESS NATURE WATER-JETTING 2020-2025 ORGANIC SALES EVOLUTION by QUARTER 30% 2021: +14.4% 2023: +8.5% 2023: +9.5% 2024: +4.6% 2025YTD: +9.1% 20% 3Q: +8.6% 10% 0% -10% 2020: -10.8% -20% 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q22 3Q23 4Q23 1Q24
Slide 10: NFP – Best Quarter Ever of Cash Generation
3Q2025 NFP – BEST QUARTER EVER OF CASH GENERATION ▪ NFP of € 318m compared to € 409m as of December 2024(1) NFP EVOLUTION (1) (€ m) 500 ▪ FCF: € 163m, margin improvement and CAPEX normalisation € 409m € 163m 450 400 offset TWC absorption driven by sales growth 350 € 36m € 16m € 3m € 7m € 318m 300 €
Slide 11: NFP – CAPEX – Last Important Project
3Q2025 NFP – CAPEX – LAST IMPORTANT PROJECT ▪ New Interpump Hydraulics headquarter in Sala Bolognese – 62,000sq. metres, of which almost 24,000sq. covered, a total area increase of around 30% – Best environmental standards ▪ Transfer is completed, and the factory is fully operational – Transfer was
Slide 12: NFP – Acquisition – Double Perfect Fit
3Q2025 NFP – ACQUISITION – DOUBLE «PERFECT FIT» ▪ Two “perfect fit” for the reduction gear vertical – Diversification by geography and by product ▪ Tutto Hydraulicos – Specialised in the hydraulic cylinder sector – 2025E: approximately € 12m of sales, around 24% of EBITDA margin Tutto Hydraulics ▪ B
Slide 13: Group Sustainability Path
3Q2025 ▪ KEY HIGHLIGHTS ▪ 3Q2025 FINANCIAL RESULTS ▪ GROUP SUSTAINABILITY PATH 12
Slide 14: 2025 Actions
3Q2025 2025 ACTIONS ▪ Due to their inherent nature, results will be assessable only at the end of the reporting period ▪ Activities are progressing according to the established schedule 2023-2025 ESG JOURNEY 2025 ACTIONS UPDATINGS E.2 (1) Carbon intensity reduction E.3 (1) Increase of renewable ener
Slide 15: Outlook
3Q2025 ▪ KEY HIGHLIGHTS ▪ 3Q2025 FINANCIAL RESULTS ▪ GROUP SUSTAINABILITY PATH ▪ OUTLOOK 14
Slide 16: Guidance Range Confirmed
3Q2025 GUIDANCE RANGE CONFIRMED ▪ October evolution(1) consistent with previous trends ▪ 2025 outlook: guidance range confirmed in the upper part – Sales: between -5% and +1% on organic basis – EBITDA margin: between 22% and 22.5% – Cash generation: aiming for record ▪ Constantly engaged in M&A acti
Slide 17: Annex – Disclaimer
3Q2025 ▪• KEY HIGHLIGHTS DISCLAIMER ▪• 3Q2025 4Q-2023FINANCIAL DETAILS RESULTS ▪ GROUP SUSTAINABILITY PATH • 2023 ESG ACTIONS ▪ OUTLOOK ▪ ANNEX ― DISCLAIMER ― 3Q-3Q2025YTD DETAILS ― 2024 SALES DETAILS 16
Slide 18: Annex – Disclaimer
ANNEX ▪ DISCLAIMER 17
Slide 19: Disclaimer – Forward Looking Statements
ANNEX DISCLAIMER – FORWARD LOOKING STATEMENTS This document, including information included or incorporated by looking statements. Due to such uncertainties and risks, readers are reference in it, contains statements about the wider Interpump cautioned not to place undue reliance on such forward–loo
Slide 20: Disclaimer − Performance Indicators
ANNEX DISCLAIMER − PERFORMANCE INDICATORS The Group uses several alternative measures that are not identified as accounting parameters in the framework of the IFRS standards in order to allow the trend of economic operations and the Group's financial position to be better evaluated. Such indicators
Slide 21: Disclaimer − Performance Indicators
ANNEX DISCLAIMER − PERFORMANCE INDICATORS ▪ Organic: at constant perimeter and FX ▪ Return on capital employed (ROCE): EBIT / Capital employed; ▪ Return on equity (ROE): Net profit / Shareholders' equity; ▪ Trade Working Capital = NWC with “Trade Payable” net of CAPEX Trade Payable The Group's incom
Slide 22: 3Q-3Q2025YTD Details
ANNEX ▪ DISCLAIMER ▪ 3Q-3Q2025YTD DETAILS 21
Slide 23: Sales Details – Organic Evolution – Group
ANNEX SALES DETAILS – ORGANIC EVOLUTION – GROUP GROUP 2020-2025 ORGANIC GROWTH EVOLUTION by QUARTER 2020: -12.6% - 2021: +20.1% - 2022: +13.7% - 2023: +6.9% - 2024: -9.0% - 2025YTD: -1.7% 50% 40% 39.4% 30% 17.9% 18.7% 20% 15.7% 14.2% 10% 11.6% 14% 9.1% 12.6% 12.5% 4.0% 1.0% 2.3% 0% -7.8% -3.4% -10%
Slide 24: Sales Details – Organic Evolution – Divisions
ANNEX SALES DETAILS – ORGANIC EVOLUTION – DIVISIONS HYDRAULICS 2020-2025 ORGANIC SALES EVOLUTION by QUARTER 2020: -13.6% - 2021: +22.8% - 2022: +15.9% - 2023: +5.9% - 2024: -14.0% - 2025YTD: -6.7% 60% 50% 47.2% 40% 30% 16.2% 17.8% 19.5% 20% 20.9% 16.2% 13.4% 15.6% 10% 11.1% 8.6% 4.2% 3.4% 0% 2.3% -6
Slide 25: Acquisition Details
ANNEX ACQUISITION DETAILS 2025 INTERPUMP GROUP ACQUISITIONS FINANCIAL DATA (1) % of PRICE GROUP ACQUIRED COMPANIES EBITDA Additional HOLDING PAID DIVISION Sales Margin Information PADOAN 16 June € 15m 17% - 65% € 16m Hydraulics Italy TUTTO 24 October HYDRAULICOS € 12m 24% - 100% € 12m Hydraulics Bra
Slide 26: Consolidated Income Statement for 3Q2025
ANNEX CONSOLIDATED INCOME STATEMENT FOR 3Q2025 (€/000) 2025 2024 Revenues 499,207 492,805 Cost of sales (325,362) (321,017) Gross profit 173,845 171,788 Other net revenues 11,841 8,727 Distribution expenses (41,790) (41,809) General and administrative expenses (58,442) (54,845) Other operating costs
Slide 27: Consolidated Statement of Comprehensive Income for 3Q2025
ANNEX CONSOLIDATED OF COMPRENSIVE INCOME FOR 3Q2025 (€/000) 2025 2024 Consolidated profit for the financial year (A) 54,968 50,334 Other comprehensive income (loss) which will subsequently be reclassified to consolidated profit Gains (losses) on translating the financial statements of foreign compan
Slide 28: Consolidated Income Statement for 3Q2025YTD
ANNEX CONSOLIDATED INCOME STATEMENT FOR 3Q2025YTD (€/000) 2025 2024 Revenues 157,6130 158,8509 Cost of sales (1,009,068) (1,033,365) Gross profit 567,062 555,144 Other net revenues 30,221 25,934 Distribution expenses (140,710) (129,083) General and administrative expenses (179,004) (169,453) Other o
Slide 29: Consolidated Statement of Comprehensive Income for 3Q2025YTD
ANNEX CONSOLIDATED OF COMPRENSIVE INCOME FOR 3Q2025YTD (€/000) 2025 2024 Consolidated profit for the period (A) 172,293 180,386 Other comprehensive income (loss) which will subsequently be reclassified to consolidated profit Gains (losses) on translating the financial statements of foreign companies
Slide 30: Consolidated Statements of Financial Position as of 30 September
ANNEX CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AS OF 30 SEPTEMBER (€/000) 30/09/2025 31/12/2024 (€/000) 30/09/2025 31/12/2024 ASSETS LIABILITIES Current assets Current liabilities Cash and cash equivalents 461,320 392,637 Trade payables 219,224 237,371 Trade receivables 402,741 385,963 Bank deb
Slide 31: Consolidated Cash Flow Statements as of 30 September
ANNEX CONSOLIDATED CASH FLOW STATEMENTS AS OF 30 SEPTEMBER (€/000) 2025 2024 Cash flows from operating activities Profit before taxes 242,841 248,935 Adjustments for non-cash items: Losses (gains) on the sale of fixed assets (4,361) (4,381) Amortization and depreciation 90,468 82,909 Costs recognize
Slide 32: Consolidated Cash Flow Statements as of 30 September
ANNEX CONSOLIDATED CASH FLOW STATEMENTS AS OF 30 SEPTEMBER Cash flows from financing activities Disbursals (repayments) of loans and bonds (16,479) 18210 Disbursals (repayments) of shareholder loans - (378) Loans (granted)/repaid to/by non-consolidated subsidiaries (245) - Dividends paid (35,546) (3
Slide 33: Consolidated Cash Flow Statements as of 30 September 2025
ANNEX CONSOLIDATED CASH FLOW STATEMENTS AS OF 30 SEPTEMBER 2025 (€/000) 2025 2024 Net increase (decrease) in cash and cash equivalents 82,966 58,235 Translation differences for cash held by non-EU companies (10,956) (1,657) Opening cash and equivalents of companies consolidated for the first time us
Slide 34: Statements in Changes in Consolidated Shareholders' Equity
ANNEX STATEMENTS IN CHANGES IN CONSOLIDATE SHAREHOLDERS’ EQUITY AT 30 SEPTEMBER 2025 (€/000) Share Legal Share Remeasurement Translation Other Group Non- Total capital reserve premium reserve reserve reserves shareholders' controlling reserve for defined equity interests benefit plans At 1 January 2
Slide 35: 2024 Details
ANNEX ▪ DISCLAIMER ▪ 3Q-3Q2025YTD DETAILS ▪ 2024 DETAILS 34
Slide 36: Sales Details – Sales Breakdown – Group
ANNEX SALES DETAILS – SALES BREAKDOWN – GROUP GROUP 2024 sales: € 2.078m OTHERS: 1% EARTH MOVING MACHINE: 6% PACIFIC AREA: 13% GENERIC DEALERS (2): 16% CONSTRUCTION: 8% CLEANING: 5% REST of THE WORLD: 9% AGRICOLTURE: 8% GENERIC CONTRACTORS (3): 4% EUROPE: 50% OTHER INDUSTRIAL LIFT: 6% SECTOR: 8% STE
Slide 37: Sales Details – Sales Breakdown – Hydraulics
ANNEX SALES DETAILS – SALES BREAKDOWN – HYDRAULICS HYDRAULICS 2024 sales: € 1.407m OTHERS: 1% PACIFIC AREA: 10% EARTH MOVING MACHINE: 10% GENERIC DEALERS (2): 17% REST of THE WORLD: 10% CONSTRUCTION: 8% OTHER INDUSTRIAL SECTOR: 9% AGRICOLTURE: 12% FOOD&BEVERAGE: 1% ENERGY&UTILITIES: 1% MINING: 1% SH
Slide 38: Sales Details – Sales Breakdown – Water Jetting
ANNEX SALES DETAILS – SALES BREAKDOWN – WATER JETTING WATER JETTING 2024 sales: € 671m OTHERS: 1% CONSTRUCTION: 7% PACIFIC AREA: 17% GENERIC DEALERS (3): 13% ADAPTORS INDUSTRIAL VEHICLES (1): 4% AUTOMOTIVE: 4% REST of THE WORLD: 10% SHIPYARD-MARINE: 5% CLEANING: 14% OIL&GAS: 5% ENERGY&UTILITIES: 2%
Slide 39: Manager's declaration – Mauro Barani
The Manager in charge of preparing the company’s financial reports declares - pursuant to paragraph 2 of Article 154-bis of the Consolidated Law on Finance - that the accounting information contained in this presentation corresponds to the document results, books and accounting records. S.Ilario d’E