Finning International Inc. · TSX:FTT
Finning International — Q1 2026 Earnings Presentation
12 slides from Finning International's earnings presentation, May 13, 2026
Slide 1: Q1 2026 Results
Q1 2026 Results Kevin Parkes David Primrose President and CEO EVP and CFO May 13, 2026 See slides 10 and 11 for important information on forward-looking information, currency, and specified financial measures, including non- GAAP financial measures. Unless noted otherwise, all numbers presented are
Slide 2: Continued Strong Execution Entering 2026
Continued Strong Execution Entering 2026 Equipment Backlog (1) Dividend $3.8B 7.4% Up 20% from Dec 2025 25th year of consecutive growth Product Support Full Cycle Resilience Sustainable Growth Product Support Revenue SG&A% (1) Invested Capital Turns (1) Power & Energy Rental Revenue Global Canada LT
Slide 3: Growing and Aging Mining Truck Population
Growing and Aging Mining Truck Population Consolidated Mining Truck Population 2021 – March 2026 Population growth is the platform for future value creation 1,500 ▪ The cumulative installed equipment base and its service # of Trucks intensity drives product support growth and value for the business
Slide 4: Q1 2026 Highlights
Q1 2026 Results (from continuing operations) vs Q1 2025 Q1 2026 Highlights Revenue ▪ Effective strategy execution reflected by solid growth in product support, $2.5B 2% power & energy and rental ▪ Refreshed business momentum in Canada driven by strong mining and power & energy activities, along with
Slide 5: Q1 2026 Revenue
Q1 2026 Revenue All comparisons are to Q1 2025 results unless indicated otherwise Revenue by Line of Business $ millions Q1 2026 Revenue Highlights ▪ New equipment sales down 4% primarily due to lower mining 2,501 equipment deliveries in South America, partially offset by strong (1) sales in Canada
Slide 6: Q1 2026 Adjusted EBIT
Q1 2026 Adjusted EBIT All comparisons are to Q1 2025 results unless indicated otherwise Adjusted EBIT (1) $ millions Q1 2026 Adjusted EBIT Highlights ▪ Gross profit margin (2) of 24.1% comparable to Q1 2025 205 19 (18) 204 ▪ SG&A margin of 16.0% up 20 bps, primarily due to 2 (4) higher people cost t
Slide 7: Q1 2026 Results – South America
Q1 2026 Results – South America Revenue Adjusted EBIT and Adjusted EBIT Margin Adjusted ROIC $ Millions $ Millions 1200 11.1% 12.0% 986 10.6% 10.4% 26.3% 1000 952 11.0% 24.5% 837 129 23.4% 101 103 10.0% 800 93 9.0% 86 600 8.0% 7.0% 400 43 6.0% 200 0 5.0% Q1 2025 Q4 2025 Q1 2026 Q1 2025 Q4 2025 Q1 20
Slide 8: Q1 2026 Results – Canada
Q1 2026 Results – Canada (from continuing operations) Revenue Adjusted EBIT and Adjusted EBIT Margin Adjusted ROIC $ Millions $ Millions 24.0% 10.0% 1,371 8.4% 8.1% 1,258 8.1% 9.0% 1,198 180 8.0% 18.2% 18.2% 7.0% 18.0% 15.9% 112 6.0% 120 101 103 12.0% 5.0% 4.0% 3.0% 6.0% 60 2.0% 1.0% 0 0.0% 0.0% Q1
Slide 9: Q1 2026 Results – UK & Ireland
Q1 2026 Results – UK & Ireland Revenue Adjusted EBIT and Adjusted EBIT Margin Adjusted ROIC $ Millions $ Millions 20.1% 19.3% 446 6.0% 20.0% 5.1% 16.9% 4.7% 4.6% 16.0% 5.0% 300 293 20 24 12.0% 4.0% 14 15 3.0% 12 8.0% 2.0% 1.0% 4.0% 0 0.0% 0.0% Q1 2025 Q4 2025 Q1 2026 Q1 2025 Q4 2025 Q1 2026 Q1 2025
Slide 10: Disclosures
Disclosures Forward-looking information This presentation includes “forward-looking information” (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections that we believe are reasonable as of the date of this presentation, but may ultimately
Slide 11: Disclosures
Disclosures Currency Monetary amounts referred to in this presentation are in Canadian dollars unless noted otherwise. All variances and ratios in this presentation are based on the functional currency of each operation (Canada: CAD, South America: USD, UK & Ireland: GBP). These variances and ratios
Slide 12: 2026 Earnings Schedule
2026 Earnings Schedule All dates and times are preliminary and subject to change Release Date Investor Call Time Quarter Investor Call Date after market close (1) Eastern Q2 2026 August 5, 2026 August 6, 2026 10:00 AM Q3 2026 November 10, 2026 November 10, 2026 11:00 AM Q4 2026 February 10, 2027 Feb
Finning International — Q1 2026 Earnings Presentation on 6ix