Wacker Neuson Se · XETR:WAC
Wacker Neuson — Non-Deal Roadshow (August 2026)
42 slides from Wacker Neuson's roadshow presentation, August 2026
Slide 1: Wacker Neuson Group: Our Success Story
Wacker Neuson Group: Our Success Story Roadshow Presentation August 2026
Slide 2: Who we are
Who we are
Slide 3: At a glance
At a glance Introducing the Wacker Neuson Group Founded ~ 5,800 € € 2.2 bn in 1848 employees revenue in FY 2025 Headquartered in 8 production 7,000 sales and Munich and development service stations locations Stock market listing 40 product ~ 375 in 2007 utility models groups and patents 3
Slide 4: Overview of our Group
Overview of our Group Our brands and participating interests Construction, gardening and landscaping, municipal Agriculture, dairy farms / stables, services, recycling, railroad / track construction, etc. municipal services Other brands and participating interests: 4
Slide 5: Product and service portfolio
Product and service portfolio Light 21% equipment Compact 56% equipment Services1 23% Concrete Concre- Used Academy Repair & Spare Financial EquipCare eStore Rental Attach- specialists Tec machines maintenance parts solutions ments Revenue Breakdown (FY25A) 1 The range of services rendered varies de
Slide 6: What drives us
What drives us Our vision: Drive technological change Our mission: We make our customers Our purpose: We make a strong through innovative solutions more productive than anyone else in the contribution to sustainable construction market and agriculture We place our customers at the heart of We maximi
Slide 7: Geographical production and sales footprint
Geographical production and sales footprint 7,000 Sales Munich (HQ) Pfullendorf Korbach Reichertshofen 8 R&D and branches in our distribution production network Direct sales sites affiliates1 >100 Globally, Own Sales-, thereof 6 Service- & located in rental Europe locations1 Germany (Reichertshofen,
Slide 8: Investment highlights
Investment highlights Leading solution provider for light and compact 1 equipment with a long tradition, founded in 1848 Strategy 2030: 2 Targeting >11% EBIT margin Innovator in zero emission solutions and digitalization 3 of light and compact equipment Worldwide reach with diversified customer base
Slide 9: Successful long-term growth across the cycle
Successful long-term growth across the cycle Revenue and EBIT margin development (2015-2026e) in € m 2,655 2,400 2,252 2,235 2,219 2,300 1,901 1,866 1,710 1,616 1,534 1,375 1,361 10.3% 10.3% 9.5% 9.0% 8.0% 7.4% 8.6% 8.1% 7.0% 6.5% 5.5% 6.0% 4.7% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Slide 10: Overview Q4/2025 and Fiscal year 2025
Overview Q4/2025 and Fiscal year 20251 Q4/2025 FY/2025 Revenue Revenue Revenue on previous year‘s level as expected. € 593.6 m € 2,218.8 m Recovery in Europe in H2/2025. (+15.8% YoY) (-0.7% YoY) EBIT margin EBIT margin EBIT margin at 6.0% above previous year due to lower operating costs; adjusted 5.
Slide 11: Overview Q2/2026 and H1/2026
Overview Q2/2026 and H1/2026 Q2/2026 H1/2026 Revenue Revenue H1/2026 revenue +17 YoY, driven by a solid € 665.1 m € 1,256.5 m order book in Europe and North America (+14.4% YoY) (+16.9% YoY) in Q1/2026. EBIT margin EBIT margin Significant EBIT margin improvements in 9.5% 8.3% Q2/2026 and H1/2026 dri
Slide 12: Growth driven by both Europe and North America
Growth driven by both Europe and North America Americas: Europe: Asia-Pacific: 20% of Group revenue1 78% of Group revenue1 2% of Group revenue1 in € m in € m in € m +18%2 983.1 +16%2 835.2 252.7 217.8 -5%2 21.9 20.7 H1/2025 H1/2026 H1/2025 H1/2026 H1/2025 H1/2026 1 H1/2025: Americas 20%; Europe 78%;
Slide 13: Compact Equipment grew 26% YoY
Compact Equipment grew 26% YoY Compact Equipment: Light Equipment: Services: 59% of Group revenue1 20% of Group revenue1 21% of Group revenue1 in € m in € m in € m +26%2 742.5 589.7 +9%2 +3%2 259.6 254.2 262.8 238.9 H1/2025 H1/2026 H1/2025 H1/2026 H1/2025 H1/2026 1 H1/2025: Compact Equipment 54%, Li
Slide 14: Net working capital ratio is improving further
Net working capital ratio is improving further As of June 30, 2026 NWC ratio (annualized)1 29.7% 31.4% 27.2% 30.0% 25.9% NWC ratio (LTM)2 32.8% 32.4% 29.2% 30.7% 28.7% [€ m] 750.0 700.0 650.0 600.0 550.0 500.0 450.0 400.0 Inventories Net working capital 30.06.2025 30.09.2025 31.12.2025 31.03.2026 30
Slide 15: Strong free cash flow and low net financial debt
Strong free cash flow and low net financial debt € 76 m € 173 m Free cash flow Net financial debt1 0.5 Net financial debt/ EBITDA (LTM)2 1 Net financial debt = Non-current financial liabilities + Current liabilities to banks + Current portion of non-current liabilities - Cash and cash equivalents.
Slide 16: Guidance 2026 raised after a strong H1/2026
Guidance 2026 raised after a strong H1/2026 Solid order book in H1/2026 Wacker Neuson Group B2B-ratio >1.0, while order momentum softened in Q2/2026. Guidance 2026 raised Construction market gradually recovering CECE index1 positive despite recent geopolitical headwinds. Revenue EBIT margin Mixed ag
Slide 17: Key takeaways H1/2026
Key takeaways H1/2026 We delivered a strong first half-year 2026 and carried on the positive 1 momentum from Q1/2026 into Q2/2026. We significantly improved profitability, showing our operating leverage in 2 the business. Net working capital ratio and free cash flow developed strongly, 3 underlining
Slide 18: Strategy & Innovation
Strategy & Innovation Financial results H1/2023
Slide 19: Core elements of Strategy 2030
Core elements of Strategy 2030 Diversification with two high-growth core sectors ▪ Focus on construction and agriculture enabling diversification Three strong core brands with solid market exploitation and platform synergies n ▪ Outstanding market effectiveness and synergies through Wacker Neuson, K
Slide 20: The Wacker Neuson Group Strategy 2030
The Wacker Neuson Group Strategy 2030 What we want to achieve – in figures > 11 % € 4 bn ≤ 30 % EBIT margin Strategy 2030: How we plan on achieving it – strategic levers Revenue NWC ratio 1 Reassessment Light Equipment Market Leadership 2 Solutions of the underlying zero emission 3 Time to Market an
Slide 21: Long-term cooperation with John Deere in agriculture and construction
Long-term cooperation with John Deere in agriculture and construction 2025 2017 2022 & 2026 John Deere cooperation history Long-term manufacturing agreement: Kramer1 distributing through Wacker Neuson Group produces mini and John Deere excavator cooperation: further John Deere dealer network (agricu
Slide 22: Our innovations
Our innovations We drive innovation to improve our customers’ processes All machine information at a glance Work Safety Measures Dual View Dumper … with Active Sense Control Low hand-arm vibration Wacker Neuson App Quick-change attachments Attachment interface Slope work made simple “Follow me” func
Slide 23: Battery One
Battery One Cross-brand standard from six manufacturers 23
Slide 24: Our zero emission product portfolio
Our zero emission product portfolio We are a pioneer in electric light and compact equipment one battery – a wide range of equipment 24
Slide 25: We are a one-stop solution provider
We are a one-stop solution provider Our 360° ecosystem for zero emission construction sites We take a wide-angle view of the entire ecosystem – spanning the charging infrastructure, services, financing options, different usage models and battery lifecycle management. • Charging: Mobile power supply
Slide 26: Financials H1/2026
Financials H1/2026 Financial results H1/2023
Slide 27: Revenue and profitability – Q2/2026 and H1/2026
Revenue and profitability – Q2/2026 and H1/2026 Strong revenue growth with essentially unchanged operating costs Comment Revenue EBIT Revenue: [€ m] +16.9% margin • Revenue growth driven by volume effects 800 20% 700 665 • Positive demand trends in Europe and North America; 581 594 591 600 550 15% g
Slide 28: Development of regions and business segments – H1/2026
Development of regions and business segments – H1/2026 Solid development in Europe and North America Comment Revenue Share YoY EBIT1 Revenue Europe (EMEA) +17.7% YoY [€ m] (adj. for FX effects: +17.9%) Europe 983.1 78% +18% 93.4 • Significant market recovery in Europe with regional differences Ameri
Slide 29: Development of NWC components – H1/2026
Development of NWC components – H1/2026 Inventories Trade receivables Inventories DIO1 Trade receivables DSO2 [€ m] [Days] [€ m] [Days] 1,000 400 500 200 800 400 345 616 612 614 647 300 328 317 329 150 594 603 298 600 300 269 146 200 100 123 132 122 131 400 110 200 55 51 53 51 47 41 100 50 200 100 0
Slide 30: NWC and cash flow development – H1/2026
NWC and cash flow development– H1/2026 Net working capital (LTM) Cash flow from operating activities Net working capital Net working [€ m] capital ratio1 [€ m] 1,000 100% 200 € 101 m 800 710 80% € 100 m 700 691 692 690 150 647 600 60% 108 92 100 33% 33% 32% 31% 400 29% 29% 40% 63 61 50 36 200 20% 9
Slide 31: Financial structure development – H1/2026
Financial structure development – H1/2026 Net financial debt and gearing Net financial debt / EBITDA (LTM)3 Net financial debt1 Gearing2 [€ m] 500 100% 1.6 1.4 400 80% 1.1 1.1 299 1.2 298 300 258 60% 1.0 0.9 185 196 173 0.8 0.6 0.6 200 40% 0.5 20% 20% 0.6 17% 12% 13% 11% 0.4 100 20% 0.2 0 0% 0.0 Q1/
Slide 32: The Wacker Neuson SE share
The Wacker Neuson SE share Share price development vs. relevant indices1 Dividend payout 300% 4.00 41% -23% 53% 48% 42% 58% 61% 0% 45% 3.50 120% 3.00 2.73 110% 2.50 2.10 3 2.06 1.99 100% 2.00 0.65 90% 1.50 1.26 1.15 1.14 1.10 1.00 1.04 1.00 0.50 0.90 0.70 80% 0.60 0.60 0.501.41 0.20 70% 0.60 0.00 0.
Slide 33: Appendix
Appendix Financial results H1/2023
Slide 34: For over 175 years …
For over 175 years … ... we offer machines and solutions for construction and agriculture 1848 1925 1930 1934 1957 1960 Foundation of Wacker Foundation of Wacker invents the rammer, Wacker internal vibrators First wheel loader with all- Foundation of as a blacksmith’s shop Kramer the first model is
Slide 35: Wacker Neuson
Wacker Neuson Light and compact equipment and solutions for the construction industry Our offering at a glance • Focus on customer success: A reliable partner for efficient construction Concrete technology Compaction Demolition technology sites Repair and Used maintenance Rental equipment • Working
Slide 36: Kramer
Kramer High-quality technology for construction and agriculture Our offering at a glance • Two product lines: construction and agriculture Wheel loaders • 100 years of experience: Repair and Financing ePartner maintenance leading market position in Europe • Practical solutions for Original Telescopi
Slide 37: Weidemann
Weidemann A strong partner for agriculture Our offering at a glance • Mission for decades: relieving farmers through mechanization of stable Hoftrac® Wheel loaders and indoor farming Repair and Used maintenance equipment Financing • Inventor of the Hoftrac® – the original comes from Weidemann Origin
Slide 38: Enar
Enar Specialist in concrete compaction Our offering at a glance • World market leader in concrete vibration with over 60 years of experience Concrete technology • Widest product range on Repair and maintenance eStore the market – developed for the requirements and challenges of global construction p
Slide 39: Sustainability Strategy
Sustainability Strategy ESG Strategy 2025 2030 ▪ Achieved -72% CO2 emissions Scope 1, 2 in 2025 ▪ Finalize, communicate, and achieve 2030 Scope 1, 2 compared with 20191 and outperformed a reduction and 3 reduction targets target (-50% by 2025 vs. 2019) ▪ Develop and implement Climate Transition Plan
Slide 40: Sustainability in numbers
Sustainability in numbers 72 % drop in CO2 emissions € 84 m invested in R&D Awarded the EcoVadis silver medal in 2025 compared in 2025 (incl. capitalized with 2019* expenses) 34 % of energy consumption 221 apprentices in Germany, from renewable sources Austria, Switzerland and Details on the EcoVadi
Slide 41: A future built on sustainability
A future built on sustainability We assume responsibility for the environment and the future • 100% green electricity at sites in Germany, Austria, and the USA – plus on-site solar power generation and efficient heat utilization via heat pumps. • Efficient energy through LED lighting and modern clim
Slide 42: Financial calendar and IR contact
Financial calendar and IR contact September 22, 2026 Berenberg Goldman Sachs German Corporate Conference, Munich November 12, 2026 Publication of Nine-month Statement 9M/2026, Earnings Call November 23-24, 2026 German Equity Forum, Frankfurt Disclaimer Contact This document contains forward-looking
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