Eurotelesites Ag · VIE:ETS
Eurotelesites — Q2 2026 Earnings Presentation
16 slides from Eurotelesites's earnings presentation, Jul 21, 2026
Slide 1: Q2/2026 Results Presentation
Q2/2026 Results Presentation 21 July 2026
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains forward-looking statements. These forward-looking statements are usually accompanied by words such as 'believe', 'intend', 'anticipate', 'plan', 'expect' and similar expressions. Actual events may differ materially from those anticipated in these forwa
Slide 3: Summary of HY/2026
Summary of HY/2026 FINANCIAL KPIs HY/2026 OPERATIONAL ACHIEVEMENTS HY/2026 148.4 mEUR 88.6 mEUR 19.6 m 13 877 1.26x 3 539 +7.8% | +10.7m YoY +11.2% | +8.9m YoY -12.9% | -2.9m YoY +177 net adds YoY +196 net adds YoY +6.1% | +8.3m Adj. +8.2% | +6.5m Adj. Revenue EBITDAaL CAPEX Macro sites Tenancy rati
Slide 4: 58 Sites Built Resulted in 40 Net Adds in Q2
58 Sites Built Resulted in 40 Net Adds in Q2. 64 Third-Party Tenants were Onboarded on Existing and New Locations Number of Net Adds Anchor Tenant Third-Party New Tenants ∑12months: 196 Third-Party Tenants 135 104 77 77 54 81 57 38 39 40 39 38 64 17 81 40 38 39 17 40 30 June 30 September 31 December
Slide 5: CAPEX Spending Structure Is in Line with Previous Years
CAPEX Spending Structure Is in Line with Previous Years CAPEX CAPEX YTD mEUR mEUR 22.5 19.3 19.6 8.1 13.2 11.1 11.4 10.7 10.3 1.4 8.2 5.3 5.9 6.0 2.5 1.7 4.7 1.5 1.1 9.7 1.1 6.8 7.2 3.5 4.1 2.9 4.3 Q2 Q3 Q4 Q1 Q2 6M 6M 2025 2025 2025 2026 2026 2025 2026 Mandatory Upgrades Maintenance Rollout 5
Slide 6: Q2/2026 Group Results I/II
Q2/2026 Group Results I/II +5.0% +3.5m +4.9% 2.4m +2.9m 2.4m Non-recurring revenue Adjusted values Comments ▪ Quarterly performance supported by indexation, third-party tenant growth (+32.5%) and infrastructure expansion. Non-recurring revenue contribution of approximately 2.4 mEUR from the finaliza
Slide 7: Q2/2026 Group Results II/II
Q2/2026 Group Results II/II +5.6% +2.2m 2.4m Non-recurring revenue Adjusted values Comments ▪ EBITDAaL increased because of higher revenue. ▪ Cash flow generation was supported by revenue growth including one-time effect and lower CAPEX payments during the period. 7 According to the data book, all d
Slide 8: HY/2026 Group Results I/II
HY/2026 Group Results I/II +6.1% +8.3m +6.4% 2.4m +7.6m 146.0m 2.4m 125.9m Non-recurring revenue Adjusted values Comments ▪ Performance was supported by indexation, third-party tenant growth (+30.5%) and infrastructure expansion. Non-recurring revenue contribution of approximately 2.4 mEUR from the
Slide 9: HY/2026 Group Results II/II
HY/2026 Group Results II/II +8.2% +6.5m 2.4m 86.2m Non-recurring revenue Adjusted values Comments ▪ EBITDAaL increased because of higher revenue. ▪ Cash flow generation was supported by revenue growth including one-time effect and lower CAPEX payments during the period. 9 According to the data book,
Slide 10: Rating Season Concludes with Upgrade and Positive Outlook
Rating Season Concludes with Upgrade and Positive Outlook Market Capitalization Roadshows & Investor Price Target EV/EBITDAaL 30 June 2026 contacts in 2025 Erste Group EuroTeleSites (Peers) 734 mEUR 9 & >80 5.35 EUR 10x (13x-14x) Fitch BBB Investment Grade Outlook stable Performance 2025 (July 2026)
Slide 11: Guidance
Guidance [eal EuroTeleSltes
Slide 12: Guidance for 2026 and Mid-term (unchanged)
Guidance for 2026 and Mid-term (unchanged) OPERATIONAL FINANCIAL FINANCIAL GUIDANCE GUIDANCE GUIDANCE MID-TERM 2026 2026 Increase Revenue growth of 4-5% Revenue growth of third-party revenue FY25: 280.2 mEUR (+3.7%) 4-5% CAGR Rollout of more than CAPEX of ~25% of revenues Keep high levels 400 Macro
Slide 13: Outlook – New Reporting Format Starting with Q3/2026
Outlook – New Reporting Format Starting with Q3/2026 Continued Engagement Through Several Conferences in HY2 Planned New Reporting Format Upcoming Events ▪ Due to our consistent reporting since spin-off, our foreseeable, ▪ September – Munich Investor Conference stable business model, and robust fina
Slide 14: Questions & Answers
QUESTIONS & ANSWERS Ivo Ivanovski Lars Mosdorf EuroTeleSites EuroTeleSites CEO CFO CONTACT INVESTOR RELATIONS Moritz Palmi E: Moritz.Palmi@eurotelesites.com M: +43 664 66 39 520 14
Slide 15: Backup
Backup [eal EuroTeleSltes
Slide 16: Glossary
Glossary AMX, OeBAG América Móvil, Österreichische Beteiligungs AG Anchor Tenant Major customer of EuroTeleSites Build-to-suit Program Sites characterized by the construction of a new tower for an anchor tenant for which there is a "Built-to-suit" Program CAPEX - Capital Expenditures Total additions