Phoenix Mecano Ag · SIX:PMN
Phoenix Mecano — FY2025 and Q1 2026 Earnings Presentation
37 slides from Phoenix Mecano's earnings presentation, Apr 22, 2026
Slide 1: Results 2025 and Q1 2026
Phoenix Mecano Annual Results Presentation RESULTS 2025 AND Q1 2026 22 April 2026
Slide 2: Agenda
INTRODUCTION 2 Agenda 11:00 Highlights 2025 Rochus Kobler 11:10 Business Performance 2025 René Schäffeler Rochus Kobler 11:25 Update on Sustainability René Schäffeler 11:35 Q1 2026 Rochus Kobler 11:40 Strategy Update 11:50 Impact of Iran Conflict and Outlook Rochus Kobler 12:00 Q & A
Slide 3: Highlights 2025
Phoenix Mecano Annual Results Presentation HIGHLIGHTS 2025
Slide 4: Highlights 2025
INTRODUCTION Phoenix Mecano AG 4 Highlights 2025 • Sales remained broadly stable despite new US tariffs and weak industrial demand in Europe • Profitability increased in the Industrial Components division • DOT Group mitigated US tariff effects through its globally diversified manufacturing network
Slide 5: Business Performance 2025
Global competence, local value BUSINESS PERFORMANCE 2025 Current Financials
Slide 6: Consolidated Results
BUSINESS PERFORMANCE 2025 Phoenix Mecano AG 6 Consolidated Results The Industrial Components division largely offset the tariff- related decline in sales in the DOT Group division. Operating earnings only moderately declined despite the challenging economic climate and one-off costs for a performanc
Slide 7: Incoming orders and gross sales
BUSINESS PERFORMANCE 2025 7 Incoming orders and gross sales EUR million Book-to-bill 888.9 900.0 ratio: 2025: 1.02 2024: 1.04 850.0 804.1 807.1 800.0 816.9 781.5 792.9 783.1 779.5 772.6 769.9 750.0 764.6 757.3 742.8 Incoming orders 700.0 Gross sales 650.0 Gross sales continued 600.0 business 2021 20
Slide 8: Operating cash flow and capital expenditure
BUSINESS PERFORMANCE 2025 8 Operating cash flow and capital expenditure EUR million Variance to 2024 | in % 96.0 85.3 84.0 78.0 75.3 before Operating 66.6 Operating 72.0 one-off effects 71.0 cash flow cash flow - 5.7% (EBITDA) 60.0 47.2 48.0 40.4 36.7 39.6 29.6 36.0 Capital Capital expenditure 24.0
Slide 9: Equity ratio and gearing
BUSINESS PERFORMANCE 2025 9 Equity ratio and gearing in % 70 Net debt 31.12.25: Equity in % EUR 42.0 million of total assets 60 50 47.3 46.4 45.9 44.5 39.3 40 33.6 32.1 30 20 15.3 Net indebtness/ in % of equity 10 3.8 0 0 2021 2022 2023 2024 2025
Slide 10: Proposed dividend and reduction of share capital
BUSINESS PERFORMANCE 2025 10 Proposed dividend and reduction of share capital • The Board of Directors proposes to the Annual General Meeting on 21 May 2026 to increase the ordinary dividend from CHF 19.00 to CHF 19.50 per share. • The Board further proposes to the Annual General Meeting to cancel 4
Slide 11: Enclosure Systems
BUSINESS PERFORMANCE 2025 Phoenix Mecano AG 11 Enclosure Systems The Enclosure Systems division achieved stable sales, operating results and profitability despite the challenging economic environment. The healthy order book end of 2025 provides a solid foundation to start in 2026. EUR million 2024 2
Slide 12: Industrial Components
BUSINESS PERFORMANCE 2025 Phoenix Mecano AG 12 Industrial Components Measuring Technology business area continued to develop very well. While Electrotechnical Components sales are on the road to recovery, the Automation Modules business area saw a decline in sales, which was addressed by a performan
Slide 13: DewertOkin Technology Group
BUSINESS PERFORMANCE 2025 Phoenix Mecano AG 13 DewertOkin Technology Group Consumer uncertainty in furniture markets and negative currency impacts led to a single-digit decline in DOT Group’s sales. Cost-cutting measures mitigated the decline in earnings. The expansion of the product portfolio offer
Slide 14: Update on Sustainability
Phoenix Mecano Annual Results Presentation UPDATE ON SUSTAINABILITY
Slide 15: Sustainability Highlights
SUSTAINABILITY 15 Sustainability Highlights • Total energy consumption rose by +1% to around 75,000 MWh • Electricity generation from the Group’s own photovoltaic systems rose by 25%, from < 6,000 MWh to > 7,500 MWh • Self-generated solar power covered around 15% of the Group's electricity consumpti
Slide 16: Emission intensity DOT vs. industrial divisions
SUSTAINABILITY Phoenix Mecano AG 16 Emission intensity DOT vs. industrial divisions 50 45 -34% Scope 1 & 2 Emissionen [tCO2eq/Mio EUR] 40 +50% 35 30 25 20 15 10 5 0 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 DewertOkin Technology Group Andere Scope 1 Intensität (ohne Kältemittel) Scope 2 Inte
Slide 17: Target: halving emissions by 2030, net zero by 2050
SUSTAINABILITY 17 Target: halving emissions by 2030, reach net zero by 2050 (Scope 1 and 2)
Slide 18: Explosion-proof enclosures for hydrogen applications
SUSTAINABILITY 18 Explosion-proof enclosures for hydrogen applications
Slide 19: Q1 2026 Current Financials
Global competence, local value Q1 2026 Current Financials
Slide 20: Consolidated Results
Q1 2026 Phoenix Mecano AG 20 Consolidated Results Phoenix Mecano started strongly into 2026. Sales increased slightly, but profitability significantly improved. Increased currency losses negatively affected the growth of the result of the period. EUR million Q1 2025 Q1 2026 +/- Incoming orders 194.5
Slide 21: Enclosure Systems
Q1 2026 Phoenix Mecano AG 21 Enclosure Systems Strong demand in energy and defense sector as well as railway technology overcompensated weaker sales in automotive. Business areas of Industrial and Electronic Enclosures will move closer together to form a powerhouse for enclosure technology. EUR mill
Slide 22: Industrial Components
Q1 2026 Phoenix Mecano AG 22 Industrial Components Positive market impulses were still missing in Automation Modules business area. Capacities in Electrotechnical Components business area had to be increased to meet accelerating demand. Measuring Technology realized significant sales in HVDC sector
Slide 23: DewertOkin Technology Group
Q1 2026 Phoenix Mecano AG 23 DewertOkin Technology Group In local currency, DOT Group could keep its sales stable. Furniture markets still did not show signs of revival in demand in Q1 2026. Operating result improved due to a positive business development in South America. EUR million Q1 2025 Q1 202
Slide 24: Strategy Update
Global competence, local value STRATEGY UPDATE
Slide 25: The Phoenix Mecano-Group in Strategic Transition
STRATEGY UPDATE 25 The Phoenix Mecano-Group in Strategic Transition We have been undertaking 3 2 1 transitional changes in our corporate structure following strategic priorities • Focus on profitability • Streamlining and simplifying the portfolio DIVISIONS GROWTH THE Leading towards our next FIEL
Slide 26: Two Growth Areas – With a dotted line
STRATEGY UPDATE 26 Two Growth Areas – With a dotted line 2 GROWTH Industrial Applications Enclosure Systems Industrial Components Smart Furniture DewertOkin Technology Group AREAS • We concentrated on enhancing the group's overall profitability. • Efforts have been directed towards two key growth a
Slide 27: Future Strategic Horizon — Activation of the Power of ONE
STRATEGY UPDATE 27 Future Strategic Horizon — Activation of the Power of ONE 1 THE Industrial Activities Smart Furniture POWER OF ONE • TWO separate units – both seeking their own POWER OF ONE Smart Furniture • The plan includes partial IPO of the Business Unit DewertOkin Technology Group – DOT Ind
Slide 28: Earn the right to accelerate
STRATEGY UPDATE Phoenix Mecano-Group 28 3 – 2 – 1 – We continue our strategy of Streamlining & Focus on Profitability − Group level: Continuing our strategy of streamlining and reaching ambitious profitability targets – Earning the right to accelerate − Industrial activities: Leveraging our resilien
Slide 29: Impact of Iran Conflict & Outlook
Global competence, local value IMPACT OF IRAN CONFLICT & OUTLOOK
Slide 30: Our Presence in the Region
IMPACT OF IRAN CONFLICT Phoenix Mecano AG 30 Our Presence in the Region • Phoenix Mecano maintains production and assembly facilities in Dammam (Saudi Arabia) and Sharjah (United Arab Emirates), with a combined workforce of 25 FTEs • Regional sales amounted to approximately EUR 10 million in the 202
Slide 31: Supply Chain Exposure India
IMPACT OF IRAN CONFLICT Phoenix Mecano AG 31 Supply Chain Exposure India Energy Impact in India • Temporary LPG shortage • High Middle East dependence but alternative energy sourcing plans are working • 80% of daytime energy demand covered by rooftop solar Inbound Supply Risk • Aluminum alloy • Styr
Slide 32: Mitigation Measures
IMPACT OF IRAN CONFLICT Phoenix Mecano AG 32 Mitigation Measures • Targeted measures are being implemented to manage short-term disruptions • Proactive risk management to mitigate the impact of the war in Iran includes local production, increased inventory levels, supplier diversification, and alter
Slide 33: Outlook
OUTLOOK Phoenix Mecano AG 33 Outlook • Impact of war in Iran not yet visible in Q1 figures. • Stable to slightly positive impulses expected in core markets. • Investments expected to continue in industrial areas and to accelerate further in renewable energy generation. • Gradual normalization expect
Slide 34: Q & A
Global competence, local value Q&A
Slide 35: Wrap up
Global competence, local value WRAP UP
Slide 36: Wrap up
WRAP UP Phoenix Mecano AG 36 Wrap up • Solid results 2025 despite US tariffs and headwinds in European industries • Strong start into 2026 • Uncertainty due to war in Iran and blockade of Hormuz Strait • Dividend return of 4.4% • Phoenix Mecano keeps strategic focus and holds strong positions naviga
Slide 37: Thank you for your attention!
Global competence, local value THANK YOU FOR YOUR ATTENTION!
Phoenix Mecano — FY2025 and Q1 2026 Earnings Presentation on 6ix