Slide 1: Corporate IR Presentation
Corporate IR Presentation Based on 6M 2025 Financial Results
Slide 2: 01. 6M 2025 Results
01.6M 2025 Results Overview Financial Performance Outlook 2
Slide 3: Quest Group at a Glance (6M 2025)
Quest Group at a Glance (6M 2025 ) ▪ €683m Revenues 30 Countries 44 years 3.444 ▪ €48m EBITDA International Activity (est. in 1981) Headcount ▪ €33m EBT ( ~28% of revenue) ▪ €339m Equity Active in : Revenues Track Record 2016 -2025 ▪ Commercial Activities1 € 470m ▪ Revenue CAGR 16% ▪ IT Services € 1
Slide 4: 6M 2025 Highlights
Quest Group 1 6M 2025 Highlights Significant Growth in all Lines (10,2% Sales , 14,2% EBITDA, 20,2% EBT) 2 Benrubi consolidation in effect since Feb 2025 3 ACS sales remained steady following weak e-commerce growth 4 High demand for IT services 4
Slide 5: P&L (6M 2025)
P&L (6M 2025 ) Amounts in ‘000 € 6M 2025 YoY % 6M 2024 Sales 683.469 10,2% 620.067 EBITDA 47.530 14,2% 41.623 Explanations/Clarifications: % sales 7,0% 6,7% ▪ Sales and profitability growth in all Lines EBIT 38.614 13,4% 34.042 ▪ Profitability is boosted by Berbubi % sales 5,6% 5,5% consolidation (a
Slide 6: P&L (6M 2025) EBITDA EBT
P&L (6M 2025 ) EBITDA Amounts in ,000 € 50.000 12,0% 45.000 9,9% 8,9% 40.000 8,8% 8,8% 10,0% 8,2% 35.000 7,6% 7,2% 7,2% 6,7% 7,0% 8,0% 2025 VS 2016 30.000 800.000 25.000 +256% 6,0% 10years CAGR SALES 20.000 700.000 15.000 4,0% +15% 600.000 13.339 15.732 20.218 25.645 27.146 39.251 34.510 39.008 41.6
Slide 7: Balance sheet (6M 2025)
Balance sheet (6M 2025 ) Amounts in ‘000 € Group Balance Sheet 6M 2025 12M 2024 Tangible & intangible assets 161.204 157.673 Right-of-use assets 39.128 36.030 Goodwill 57.616 37.051 Other 44.383 48.860 Non-current assets 302.331 279.614 Inventories 127.158 114.503 €901m €339m Trade & other receivabl
Slide 8: Cash Flow (6M 2025)
Cash Flow (6M 2025 ) Amounts in ,000 € Group Cash Flow 6M 2025 6M 2024 EBT 32.866 27.344 Depreciation/Amortization 8.916 7.582 Interests Expense / (income) 6.638 6.609 WoC (Change in Inventories, Receivables, Payables) (48.644) (28.930) Tax paid (2.458) (6.496) Other operating activities (7.717) (7.
Slide 9: Quarterly results
Quarterly results Amounts in ,000 € Q1 2025 YoY % Q1 2024 Q2 2025 YoY % Q2 2024 6M 2025 YoY % 6M 2024 Sales 328.030 8,2% 303.118 355.439 12,1% 316.949 683.469 10,2% 620.067 EBITDA 21.204 13,7% 18.649 26.325 14,6% 22.975 47.530 14,2% 41.623 % sales 6,5% 6,2% 7,4% 7,2% 7,0% 6,7% EBIT 16.848 12,9% 14.9
Slide 10: Commercial Activities Segment
Commercial Activities Segment* Info/Overview 6M Financial Results ▪ Largest distributor of H/W and S/W products in Greece ▪ €916m revenue in 2024 Amount in ,000€ 6M 2025 YoY % 6M 2024 ▪ 40%+ of ICT distribution Market in Greece Sales 470.462 12% 418.672 ▪ Apple’s and Xiaomi’s Value-Added Distributor
Slide 11: IT Services Segment
IT Services Segment Info/Overview 6M Financial Results ▪ Leading IT integrator in domestic market Amount in ,000€ 6M 2025 YoY % 6M 2024 ▪ €241m revenue in 2024 Sales 131.598 10% 119.544 ▪ 30+ countries of operations EBITDA 12.525 31% 9.551 ▪ ~46% International revenues mainly within EU % sales 9,5%
Slide 12: Courier & Postal Segment
Courier & Postal Segment Info/Overview 6M Financial Results ▪ Largest Local Courier operator in Greece (~ 24% Μ. Share ) Amount in ,000€ 6M 2025 YoY % 6M 2024 ▪ €157m revenue in 2024 Sales 76.628 0% 76.628 ▪ Leading Alternative Postal Operator in Greece (~5% Μ. Share) EBITDA 13.370 5% 12.742 ▪ 50+m
Slide 13: Renewable Energy Segment & Other
Renewable Energy Segment & Other Info/Overview 6M Financial Results ▪ €10,5m revenues for Quest Energy during 2024 Amount in ,000€ 6M 2025 YoY % 6M 2024 ▪ Quest Energy owns 24 photovoltaic parks with > 39MW power Sales 4.781 -8% 5.223 ▪ Quest Holdings(QH): Parent Company, operates as a EBITDA 2.889
Slide 14: Segment Contribution in Sales & Ebitda (6M 2025)
Segment Contribution in Sales & Ebitda (6M 2025 ) Amounts in ,000 € Commercial Courier & IT Services Energy & Other Total Group Activities Postal 470.462 131.598 76.628 4.781 19,3% 11,2% 0,7% Sales 683.469 68,8% 18.746 12.525 13.370 2.889 Ebitda 26,4% 28,1% 6,1% 39,4% 47.530 EBITDA Margin 4% 9,5% 17
Slide 15: Segment Analysis 6M 2025
Segment Analysis 6M 2025 Amounts in ,000 € 6M 2025 (€ x 1.000) Commercial Activities ΙΤ Services Courier & Postal Renewable Energy Unallocated Total Total gross segment sales 528.395 132.650 77.134 4.931 - 743.110 Inter-segment sales (57.933) (1.051) (507) (150) - (59.641) Net sales 470.462 131.598
Slide 16: Segment Outlook
Segment Outlook Commercial Activities IT Services ▪ Initial estimation for 2025 includes growth in sales ▪ Sales and profits are estimated to continue to grow and double digit EBITDA & ΕΒΤ growth. during 2025, driven by strong demand and continuing ▪ Benrubi S.A. results are consolidated since Febru
Slide 17: 2025 Outlook
Group Outlook 1 High Single digit Growth in Sales, and stronger EBITDA growth for 2025. Ebitda is 2025 Outlook estimated to surpass €100m. 2 Commercial sector expanding despite the weak demand environment. 3 Strong demand for IT services continues. 4 Mild growth in e-Commerce (ACS, QoL). 17
Slide 18: 02. Appendix
02. Appendix Other Corporate info More Financial Data 18
Slide 19: Quest Group at a Glance (12M 2024)
Quest Group at a Glance (12M 2024 ) ▪ €1.325m Revenues 30 Countries 43 years 3.371 ▪ €92m EBITDA International Activity (est. in 1981) Headcount ▪ €65m EBT ( ~28% of revenue) ▪ €357m Equity Active in : Revenues Track Record 2015 -2024 ▪ Commercial Activities1 € 916m ▪ Revenue CAGR 16% ▪ IT Services
Slide 20: Segment Analysis 12M 2024
Segment Analysis 12M 2024 Amounts in ,000 € 12M 2024 (€ x 1.000) Commercial Activities ΙΤ Services Courier & Postal Renewable Energy Unallocated Total Total gross segment sales 1.051.903 243.022 158.099 10.850 - 1.463.873 Inter-segment sales (135.820) (1.582) (819) (300) - (138.521) Net sales 916.08
Slide 21: Operating Model
Operating Model INVESTMENT IN HAND’S ON MAJORITY SHAREHOLDER DIVERSIFIED PORTFOLIO MARKET LEADERS MANAGEMENT number Acquire and hold Subsidiaries are market Actively involved in Mitigate risk by controlling stakes in leaders in promising subsidiaries’ investing in different corporate assets sectors
Slide 22: Resilience in challenging times
Resilience in challenging times Amounts in million € 1400 Sales Market Cap 900 1200 1.325 800 1.197 1000 700 1.032 948 600 800 500 600 721 400 600 400 498 300 436 353 388 200 200 100 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2017 2018 2019 2020 2021 2022 2023 2024 2025 100 EBITDA 250 Capit
Slide 23: Value Created to Investors
Value Created to Investors 8 2900 Quest share value (€) Market Cap* 7 € 763m 2400 6 General Index 5 1900 Aggregate Capital Return/ Dividends to the Shareholders 4 (2016-2025) 1400 3 € 211m 900 2 1 400 0 2017 2018 2019 2020 2021 2022 2023 2024 2025 RoE (=EBT/Total Equity) 60,0% Treasury Free Float 40
Slide 24: Growth Drivers
Growth Drivers Mobility Cloud & IoT E-Commerce International Markets Commercial Networks Renewable Energy Clima M&A Inorganic Growth 24
Slide 25: Quest Holdings BoD
Quest Holdings BoD Theodore Fessas Eftichia Koutsoureli Apostolos Georgantzis Markos Bitsakos Maria Damanaki President –Exec. Member Non-Exec. Member Exec. Member Exec. Member Vice Chairwoman Founder and major Shareholder and CEO of Quest Holdings Deputy CEO of Quest Independent Non-Exec. shareholde
Slide 26: Corporate Governance
Corporate Governance ▪ The management and operation of the Quest Group is based Goals on a modern, dynamic and flexible Corporate Governance By applying the core principles of Corporate Governance, the model. company has set the following goals: ▪ Group Corporate Governance: ✓ Is in line with Greek
Slide 27: Sustainability – a Strategic Focus
Sustainability – a Strategic Focus Annual Sustainability ESG Strategy 2022-2025+ Reporting – from voluntary High Ratings in ESG Ratings CSR priorities 4 Pillars - 10 Goals to compliance Innovation & startup EcoSystems 2024: low risk Environment -Reduce absolute emissions Scope 1&2 by 40% in 2030 - C
Slide 28: Disclaimer
Disclaimer ▪ This document might contain estimations and forward-looking statements relating to the Group’s future business, development and economic performance. It also includes statements from sources that have not been independently verified by the Company. ▪ Such statements may be subject to a
Slide 29: Thank you
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