Slide 1: Financial Statements Release January–December 2025
FINANCIAL STATEMENTS RELEASE January–December 2025 5 March 2026 Alexander Rosenlew, CEO Saara Mäkelä, CFO Hanna Kukkonen, CMSO
Slide 2: Content
Content 1. Introduction to Orthex 2. Q4 and January-December 2025 in brief 3. Strategy 4. Financials 5. Q&A Q4 FINANCIAL REPORT | JANUARY–DECEMBER 2025 | 5 MARCH 2026
Slide 3: A leading Nordic houseware company with strong brands and sustainable products
A leading Nordic houseware company with strong brands and sustainable products 8 sales organisations >40 customer countries 3 factories (incl. warehouses) >90% own brands ~300 employees (FTE) Sustainability focus
Slide 4: Mission to make everyday life easier
Mission to make everyday life easier STORAGE KITCHEN HOME & GARDEN (69% of sales1)) (20% of sales1)) (11% of sales1)) Functional and award-winning design Long-lasting, high-quality products Forerunner in sustainability ~ 10% of sales from new launches 1) Invoiced sales split by product category (LTM
Slide 5: January–December 2025 in brief
JANUARY–DECEMBER 2025 IN BRIEF Financial statements release January–December 2025
Slide 6: CEO comments on Q4/2025
CEO comments on Q4/2025 Solid profitability in a weak market environment Careful consumer behaviour and customer uncertainty Q4 sales were moderate due to early shipment of seasonal sales in Q3 and later campaign deliveries for Q1 2026. Profitability improved despite lower sales compared to Q4 i
Slide 7: Q4 2025 Net sales and Invoiced sales, Adjusted EBITA
Q4 2025 Net sales and Invoiced sales Net sales declined by 6.6% to EUR 22.3 million compared to the record Q4 in the previous year (23.9) Invoiced sales decline in Rest of Europe 4.6% In the Nordics, invoiced sales declined by 6.1% Adjusted EBITA Adjusted EBITA was EUR 3.0 million (3.0) Ad
Slide 8: CEO comments on FY 2025
CEO comments on FY 2025 Solid profitability and healthy cash flows Depressed consumer spending across markets The adjusted EBITA margin for the full year remained stable despite lower sales. Tight cost control and steady, towards the second half of the year declining raw material prices contribu
Slide 9: Q1-Q4 2025 Net sales, Adjusted EBITA
Q1-Q4 2025 Net sales Net sales decreased by 2.8% to EUR 87.2 million (89.7) Invoiced sales decreased by 2.9% and totalled EUR 89.6 million (92.3) The full-year sales decline particularly attributed to careful consumer behaviour and lower sales in Q1 with limited shipments to some customers fac
Slide 10: Invoiced sales by geography
Invoiced sales by geography Invoiced sales by geography quarterly, EUR million Invoiced sales by geography, EUR million 20 18,5 80 17,4 71,1 68,9 70 15 60 50 10 40 5,7 5,4 30 20,3 20,2 5 20 0,2 0,1 10 0,9 0,6 0 0 Nordics Rest of Europe Rest of the world Nordics Rest of Europe Rest of the world 10-12
Slide 11: Invoiced sales by product category
Invoiced sales by product category Invoiced sales by product category, EUR million Invoiced sales by product category quarterly, EUR million 70 63,6 20 18,6 61,9 17,3 60 18 16 50 14 12 40 10 30 8 19,3 17,7 6 4,4 4,3 20 4 9,4 10,0 1,4 1,4 10 2 0 0 Storage Kitchen Home & Garden Storage Kitchen Home &
Slide 12: Strategy
STRATEGY Financial report January-December 2025
Slide 13: Clear growth strategy to deliver objectives
Clear growth strategy to deliver objectives 4 Market consolidation #1 storage brand in 3 Europe 2 1 Accelerating Accelerating growth through growth in the the online retail international ~€87m markets through channel Solid actions to keep winning strong customer A leading in the Nordics collaboratio
Slide 14: Clear category strategy focusing on storage
Clear category strategy focusing on storage
Slide 15: Clear category strategy focusing on storage
Clear category strategy focusing on storage
Slide 16: Sustainability news during Q4 2025
Showing the way Sustainability news in sustainability during Q4 2025 Sustainability strategy update Orthex conducted a sustainability materiality assessment with key stakeholders (customers, employees, shareholders, suppliers and consumers) during the spring of 2025. The critical topics for Or
Slide 17: Sustainability news during Q4 2025: recognitions and reporting
Showing the way Sustainability news in sustainability during Q4 2025 Recognitions Orthex’s Paulina self-watering pot was the winner in the Home & Leisure time category of the Finland’s Most Sustainable Product 2026 competition in November. Reporting requirements In December 2025, it was confir
Slide 18: Strategy in Action - Maintain a high innovation rate
Maintain a high innovation rate Strategy in Action - Maintain a high innovation rate Q4 FINANCIAL REPORT | JANUARY–DECEMBER 2025 | 5 MARCH 2026
Slide 19: Financials
FINANCIALS Financial report January–December 2025
Slide 20: Net sales quarterly and full-year 2025
Net sales quarterly and full-year 2025 Net sales quarterly, EUR million 26 Net sales YTD, EUR million 23,9 24 23,4 91 22,8 22,0 22,3 89,7 90 22 21,0 21,0 88,7 20,5 89 20 88 87,2 18 2024 87 85,9 2025 86 16 85 84,0 14 84 83 12 82 10 81 Q1 Q2 Q3 Q4 1-12/2021 1-12/2022 1-12/2023 1-12/2024 1-12/2025 In
Slide 21: Profitability quarterly and full-year 2025
Profitability quarterly and full-year 2025 Adjusted EBITA quarterly, EUR million Adjusted EBITA YTD, EUR million 4,0 12 11,0 10,9 3,3 10,2 3,5 9,8 3,0 3,0 10 2,9 3,0 2,8 8 2,5 2,0 2024 6 5,5 1,7 1,7 1,6 2025 1,5 4 1,0 2 0,5 0,0 0 Q1 Q2 Q3 Q4 1-12/2021 1-12/2022 1-12/2023 1-12/2024 1-12/2025 Adjust
Slide 22: Development of raw material price indexes
Development of raw material price indexes 2 500 € Rawmaterial index prices Propylene (C3) Contract EUR/t ICIS 3rd LOW (PPC) EUR/t A slight decrease in raw material prices in the range of normal 2 000 € fluctuation in index prices during Q4 1 500 € Geopolitical escalation in Iran is increasing co
Slide 23: Investments & net debt
Investments & net debt Investments in tangible and intangible assets, EUR Net debt, EUR million & Leverage million 45 3,0 1,6 40 1,4 2,5 1,4 35 2,4 1,2 1,2 1,1 30 2,0 1,0 2,0 1,0 0,9 25 1,5 1,6 1,5 0,8 0,7 20 1,4 1,4 1,4 1,3 1,3 1,2 1,1 0,6 15 1,0 1,0 0,4 0,4 10 0,2 0,5 0,2 5 0,0 - - Q1 Q2 Q3 Q4 Q1
Slide 24: Long-term financial targets
Long-term financial targets Target Description Latest reported SALES Total growth of >5% “An over time annual organic net sales -2.8% total growth to exceed 5 per cent on a Group level, GROWTH Outside Nordics >10% and 10 per cent outside the Nordic region” -2.2% outside Nordics* “Improving EBITA mar
Slide 25: Annual General Meeting 2026
Annual General Meeting 2026 The Shareholders’ Nomination Board has made its proposals to the AGM Proposed composition of the Board of Directors Sanna Suvanto-Harsaae Markus Hellström David Miller (new director nominee, representing the largest shareholder Conficap Oy) Anette Rosengren Sari
Slide 26: Reporting dates 2026
Reporting dates 2026 Orthex will publish its financial reports in 2026 according to the following schedule 7 May 2026: Interim report January–March 2026 18 August 2026: Half-year financial report January–June 2026 5 November 2026: Interim report January–September 2026 The Annual and Sustainabi
Slide 27: Summary
SUMMARY CAREFUL CUSTOMERS AND WELL PREPARED FOR 2026 CONSUMERS
Slide 28: Q&A
Q&A www.investors.orthexgroup.com
Slide 29: Key Figures
Key Figures Key Performance Indicators EUR million 10-12/2025 10-12/2024 Change 1–12/2025 1–12/2024 Change Invoiced sales 23.0 24.4 -5.9% 89.6 92.3 -2.9% Net sales 22.3 23.9 -6.6% 87.2 89.7 -2.8% Gross margin 6.7 6.8 -1.0% 25.0 25.7 -2.7% Gross margin, % 30.2% 28.5% 28.7% 28.6% EBITDA 4.3 3.9 10.3%
Slide 30: Practical is Beautiful
orthex” Practical is Beautiful