30 slides from R. Stahl Aktiengesellschaft's earnings presentation, Apr 16, 2026
Slide 1: FY 2025 Earnings Call
FY 2025 EARNINGS CALL April 16, 2026 | Waldenburg
Slide 2: Disclaimer
DISCLAIMER This presentation was prepared by R. STAHL AG and is solely for information purposes. It may not be reproduced, distributed or published without the prior consent of R. STAHL AG. This presentation contains forward-looking statements. Such forward-looking statements are based on certain as
Slide 3: Agenda
AGENDA 1 Overview FY 2025 2 Financials FY 2025 3 Strategy Update 4 Outlook FY 2026 © R. STAHL FY 2025 Earnings Call – April 16, 2026 3
Slide 4: Challenging Market Environment
CHALLENGING MARKET ENVIRONMENT Order intake slowed to €306.5m (PY: €327.6) due to economic and geopolitical uncertainties Sales decreased by 9.1% to €313.0m (PY: €344.1m) all regions contributed to the decline EBITDA pre1) remained at €34.4m (PY: €34.4m) because of temporary positive one-time items,
Slide 5: Agenda
AGENDA 1 Overview FY 2025 2 Financials FY 2025 3 Strategy Update 4 Outlook FY 2026 © R. STAHL FY 2025 Earnings Call – April 16, 2026 5
Slide 6: Declining Sales and Order Intake in FY 2025 Due to Economic and Geopolitical Uncertainties
DECLINING SALES AND ORDER INTAKE IN FY 2025 DUE TO ECONOMIC AND GEOPOLITICAL UNCERTAINTIES Sales, €m Order intake, €m Order backlog, €m, as of Dec. 344 343 115 331 328 109 313 314 307 96 274 91 2022 2023 2024 2025 2022 2023 2024 2025 2022 2023 2024 2025 © R. STAHL FY 2025 Earnings Call – April 16, 2
Slide 7: EBITDA Pre Stable – Lower Free Cash Flow Leads to Higher Net Debt
EBITDA PRE STABLE – LOWER FREE CASH FLOW LEADS TO HIGHER NET DEBT EBITDA pre1), €m Free cash flow, €m Net debt, €m 38.6 38.8 34.4 34.4 34.9 29.2 28.7 22.3 14.8 0.3 -0.3 2022 2023 2024 2025 -4.4 2022 2023 2024 2025 2022 2023 2024 2025 1) EBITDA pre-exceptionals: restructuring charges, unscheduled dep
Slide 8: Weak Sales and High One-Time Expenses Are Weighing on Earnings
WEAK SALES AND HIGH ONE-TIME EXPENSES ARE WEIGHING ON EARNINGS Key data of income statement €m FY 2025 FY 2024 Comments Sales 313.0 344.1 • Cost of materials ratio nearly stable at Total operating performance 327.1 342.5 33.6% (PY: 33.3%) despite lower total Cost of materials -110.0 -113.9 operating
Slide 9: Free Cash Flow Decreased in FY 2025 Due to Lower Net Profit and Build Up of Working Capital
FREE CASH FLOW DECREASED IN FY 2025 DUE TO LOWER NET PROFIT AND BUILD UP OF WORKING CAPITAL Key data of cash flow statement €m FY 2025 FY 2024 Comments Net profit 3.0 5.8 • Cash flow decreased by €9.2m to Depreciation and amortization 18.9 18.0 €18.9m due to a lower net profit and adjusted non-cash
Slide 10: Sales Decreased by 9.1% – All Regions Are Reporting Declines
SALES DECREASED BY 9.1% – ALL REGIONS ARE REPORTING DECLINES Sales R. STAHL FY 2025 vs. FY 2024 by region Regions, €m FY 2025 FY 2024 Change Americas 11% Germany 71.5 79.7 -10.2% Asia/ Pacific 17% Central region1) 152.5 162.8 -6.3% FY 2025: Central 49% €313.0m region1) Americas 34.6 40.2 -13.9% Asia
Slide 11: Agenda
AGENDA 1 Overview FY 2025 2 Financials FY 2025 3 Strategy Update 4 Outlook FY 2026 © R. STAHL FY 2025 Earnings Call – April 16, 2026 11
Slide 12: Attractive High-Growth Market
ATTRACTIVE HIGH-GROWTH MARKET Extended global competition! Americas Americas 31% 32% Asia / 42% 20251) 6-9% CAGR Asia / 2030 Pacific driven by Pacific 48% $10 billion $13-15 billion megatrends 26% Europe 21% Europe 1) Fortune Business insight (October 2025) including IEC, NEC Market and harsh enviro
Slide 13: Outperforming Market Position
OUTPERFORMING MARKET POSITION Global leader for solutions in explosion protection & harsh environments by 2030 R. STAHL own market analysis High 2030 Solution & Technology Capability 2026 Low Low Customization High © R. STAHL FY 2025 Earnings Call – April 16, 2026 13
Slide 14: Future Program NEXUS
FUTURE PROGRAM NEXUS Becoming global leader for solutions in explosion protection & harsh environments Sales 2030: € 500 million Global leader for solutions in explosion protection & harsh environments NEXUS Sales 2025: € 300 million Expert for components & applications in explosion protection © R.
Slide 15: Three-Step Execution Roadmap
THREE-STEP EXECUTION ROADMAP Structured transformation from foundation to scalable growth Foundation & Stabilization Transformation & Building Growth & Scaling 2026-2027 2027-2028 2028-2030 • Cost reduction • Leverage execution • Enabling capabilities • Stringent realization Sales EBITDA pre margin
Slide 16: Three-Step Execution Roadmap: NEXUS
THREE-STEP EXECUTION ROADMAP Structured transformation from foundation to scalable growth Foundation & Stabilization Transformation & Building Growth & Scaling 2026-2027 2027-2028 2028-2030 • Outperforming market positioning • Megatrends focused portfolio • Globalization enabling structure • Digital
Slide 17: Outperforming Market Position: Scaling Value Creation
OUTPERFORMING MARKET POSITION Scaling value creation through services, solutions, and global expansion 5 Service Company • Establish a dedicated global service organization • Monetize capabilities across the full product lifecycle €500 million • Scale globally by local2local approach 4 International
Slide 18: Globalization Enabling Structure
GLOBALIZATION ENABLING STRUCTURE Transforming into a decentralized network organization Global headquarter • Strategy guidance & alignment with governance • Global business execution framework Digital Sales hubs functions • Governance for scaling synergies & excellence service with P&L company respo
Slide 19: Digital Operating Model: Digitalized Backbone Empowers Global Cooperation
DIGITAL OPERATING MODEL: DIGITALIZED BACKBONE EMPOWERS GLOBAL COOPERATION Global Headquarter NEW EXTENSION Product Creation Product Execution PLM S4/HANA NEW Customer Shipping Local to Customer EXTENSION Business Units Webshop © R. STAHL FY 2025 Earnings Call – April 16, 2026 19
Slide 20: Internationalization: Local2Local Hubs & Best Cost Location
INTERNATIONALIZATION: LOCAL2LOCAL HUBS & BEST COST LOCATION Production, sales and service network of R. STAHL Subsidiaries Subsidiaries Germany Subsidiaries Central region Distributors and sales agents R. STAHL Schaltgeräte GmbH R. STAHL Ltd. Electromach B.V. INDUSTRIAS STAHL S.A. R. STAHL Tranberg
Slide 21: Technology Excellence: Extended Automation for Smart Optimized Autonomous Operations
TECHNOLOGY EXCELLENCE: EXTENDED AUTOMATION FOR SMART OPTIMIZED AUTONOMOUS OPERATIONS Autonomous solutions NEW Resilient & (partly) autonomous production & operation over lifetime Control Production Center Asset management NEW & Operations Maximizing asset performance by predictive maintenance & diag
Slide 22: Leading Innovation: Control Cube in Harsh Environments
LEADING INNOVATION: CONTROL CUBE IN HARSH ENVIRONMENTS Expanding into new markets Offshore Maritime applications Data center Alternative energies Harsh environments NEW Autonomous solutions Asset management Smart operation products Control Cube1) Electric products & components Product & components b
Slide 23: Technology Excellence: Independent Service Company
TECHNOLOGY EXCELLENCE: INDEPENDENT SERVICE COMPANY Today Expert & use case knowledge Future NEW industry expertise Powered by Market Leader Service Company Service Culture & Mindset Excellent Products Product Lifecycle Support Key solutions for customer Focus on Ex-Solutions • Consulting & complianc
Slide 24: Three-Step Execution Roadmap
THREE-STEP EXECUTION ROADMAP Structured transformation from foundation to scalable growth Foundation & Stabilization Transformation & Building Growth & Scaling 2026-2027 2027-2028 2028-2030 • Expand footprint Asia & Americas • Accelerate market penetration • Fully automated value streams • Unorganic
Slide 25: Agenda
AGENDA 1 Overview FY 2025 2 Financials FY 2025 3 Strategy Update 4 Outlook FY 2026 © R. STAHL FY 2025 Earnings Call – April 16, 2026 25
Slide 26: Guidance FY 2026
GUIDANCE FY 2026 Sales forecast at €285m to €300m RISKS EBITDA pre1) between €22m – €27m Geopolitical conflicts General economic Free Cashflow to be balanced development Equity ratio slight decrease 1) EBITDA pre exceptionals: restructuring charges, unscheduled depreciation and amortization, charges
Slide 27: Thank You for Your Attention – Let's Start the Q&A Session
THANK YOU FOR YOUR ATTENTION – LET’S START THE Q&A SESSION NEXT FINANCIAL UPDATE: EARNINGS CALL Q1/2026 – MAY 7 © R. STAHL FY 2025 Earnings Call – April 16, 2026 27
Slide 28: Share Information
SHARE INFORMATION Share information Shareholders structure R. STAHL Share price Number of shares 6,440,000 April 2025 – April 2026 Founding families Xetra Freefloat ISIN DE000A HBB5 within a consortium 20% WKN A1PHBB 36% Norman 10% Deutsche Boerse RSL2 Rentrop 10% Bloomberg ticker RSL2 BWVA1) 10% 14
Slide 29: Issuer, Contact and Financial Calendar
ISSUER, CONTACT AND FINANCIAL CALENDAR Issuer and contact Financial calendar 2026 R. STAHL AG May 07 Quarterly Statement Q1 2026 Am Bahnhof 30 74638 Waldenburg Germany June 16 33rd Annual General Meeting www.r-stahl.com August 06 Interim Report H1 2026 Investor Relations Judith Schäuble P +49 7942 9
Slide 30: Thank You!
THANK YOU! Next Financial Update: Earnings call Q1/2026 – May 7 © R. STAHL FY 2025 Earnings Call – April 16, 2026 30