Econocom Group Se Class D · EURONEXT:ECONB
Econocom Group Se Class D — H1 2025 Earnings Presentation
30 slides from Econocom Group Se Class D's earnings presentation, Jul 24, 2025
Slide 1: Analysts and Investors Presentation
~~ Analysts and Investors Presentation _ /~ July 24% 2025 C#COMOCOTT) LIVE TECH
Slide 2: Welcome
Welcome
Slide 3: The Speakers
The Speakers Jean-Louis Angel Philippe BOUCHARD BENGUIGUI RENAULD Operational Chairman Chief Executive Officer Managing Director Finance and M&A
Slide 4: Strategic update, H1 2025 performance, Q&A
4 Ol Strategic update 02 H1 2025 performance 0% owen 04 Q&A AGEND Va
Slide 5: Introduction
Introduction
Slide 6: Angel Benguigui
Angel Benguigui
Slide 7: Acceleration of growth, Group transformation and #1 position as Audiovisual integrator in Europe
Acceleration of growth, Group transformation and #1 position as Audiovisual integrator in Europe (2 @-@ Transforming the Group for better efficiency Continued salesforce reinforcement ane econocom Total revenue growth acceleration on core business, of which 5.9% organic growth Y #1 Audiovisual Integ
Slide 8: Renew organization for competitiveness
Renew organization for competitiveness OA,O0 (202 ay Ny, Governance Transformation to increase involvement and synergies Long-term incentive plan Back-to-live program ey) Tools as a differentiating factor TMF: life cycle management of assets with ESG metrics Services: enhanced operators with Al use
Slide 9: Driving growth: organic and inorganic
Driving growth: organic and inorganic (o..0 ae Naa, The Agent Model Independents with entrepreneurial spirit Strong sales contribution ~1/3 Group revenues 41 new agents since 2024 A Cross-Sell Model shaped by the One Econocom spirit Pilot with volunteers in Spain aligned on vision, tools and incenti
Slide 10: Une image contenant cercle, Graphique, Caractère coloré Description générée automatiquement
Une image contenant cercle, Graphique, Caractère coloré Description générée automatiquement
Slide 11: Audiovisual: Econocom confirmed as No.1 integrator in Europe
Audiovisual: Econocom confirmed as No.1 integrator in Europe €6 M sales 20 colleagues €10 M sales 30 colleagues €8 M sales 50 colleagues : €40 M sales 160 colleagues Appealing market Distinctive & complementary capabilities within Econocom Global presence in all Econocom geographies 750 professional
Slide 12: H1 2025 Performance
H1 2025 Performance Managing Director Finance and M&A
Slide 13: Organic growth continued acceleration at Group level
Organic growth continued acceleration at Group level full-year guidance at +6.6%, thanks toa balanced mix of activities and €1,334 M +6.6% geographies + +5.9% organic growth : €38.1M €41.4M oe +8.7% se % Profitability rate : DB remains at 2.9% . despite salesforce growth and competitive pressure H1
Slide 14: Technology Management & Financing
Technology Management & Financing A strong momentum Revenue €599 M €506 M H12024” —-H1.2025 Operating margin €25.3 M €14.6 M 12024" 1.2025 Total growth of +18.4%, with a strong momentum for TMF boosted notably by strategic assets financing deals Profitability rate strong increase at 4.2% benefiting
Slide 15: Products & Solutions
Products & Solutions Resilience in a challenging market Revenue Operating margin €589 M €575M <<: €14.2M -2.4% H12024" 12025 12024" -H12025 Decrease of revenue by -2.4%, in a difficult market, notably in France due to reduced public spendings Profitability rate decrease at 1.0% impacted by market pr
Slide 16: Services
Services Steady growth Revenue Operating margin H12024"” 12025 12024" 12025 Total growth at +3.6%, with continued development of the activity Profitability rate increase at 4.2% driven by continuous model optimization efforts Econocom — H1 2025 results 16
Slide 17: Strengthening the balance sheet through €225 M Schuldschein issuance
Strengthening the balance sheet through €225 M Schuldschein issuance v Successful execution in April 2025 despite a volatile market environment demonstrating investor & market confidence in Econocom v Further strengthening of the investor base through both existing and new financial partners in line
Slide 18: Impairing Synertrade Goodwill
impairing Synertrade Goodwill —_—— OP) SYNERTRADE A world's leading provider of : or M sees ‘onales . 200 F 500 e-procurement software, professionals serving ortune * * lients th h global operating across the entire Ghents tirougn global presence urchasing functional perimeter 100% subsidiary of Eco
Slide 19: H1 2025 simplified income statement
H1 2025 simplified income statement . () (in €M) H1 2024 H1 2025 Revenue 1,334.0 1,421.4 Growth acceleration thanks to salesforce investments and cross-sell across the Group . ° Stable operating margin at 2.9% despite investments Operating margin 38.1 41.4 in salesforce and competitive pressure on m
Slide 20: Net Financial Debt under control (1/2)
Net Financial Debt") under control (1/2) Free Cash Flow = €52M 137 -16 9 | | -24 Excluding AV deals announced -22 || in July 2025, ~ | Of which €12 M -21 | | Synertrade -16 -180 7 -15 | -208 NY * eo P xo gh ft > oO ) So yo aoe 2 o ct 32 < oO C e cet 6 of x 4 rte « vi ee “ Ao? co” oe w orto sid? oo 0
Slide 21: Net Financial Debt under control (2/2)
Net Financial Debt") under control (2/2) 360 Cash at 30.06.2025 260 -25 Short term debt (45) -368 -175 Other corporate financing — (193) -208 NFD 30.06.2025 (180) EC) » Off balance sheet factoring & reverse factoring of €213 M as of 30 June 2025 (vs €210 M as of June 2024) Numbers as of 30.06.2024 E
Slide 22: ESG Achievements in H1 2025
ESG Achievements in H1 2025 7 EcoVadis - Sustainability Rating Top 5% 76/100 rating (+2 pts from 2024) ecovadis ‘MAR 2025 Econocom Factory Top 1% Platinum medal proving the exemplarity of our refurbishment capabilities Circular ‘Mécénat de Economy ~600k refurbished IT equipment (laptops, screens, se
Slide 23: Angel Benguigui
Angel Benguigui
Slide 24: H1 2025 takeaways
H1 2025 takeaways Acceleration of growth Continuous transformation Balanced portfolio of Salesforce, tooling, activities and geographies incentive plan, disposals Focused deals execution y\N and integration wne econocom H2 revenue growth in line with H1 level Econocom — H1 2025 results 24
Slide 25: Q&A
Q&A
Slide 26: Appendices
Appendices CECONOCOTT) LIVE TECH
Slide 27: 2024 simplified income statement
2024 simplified income statement () (in €M) H1 2024 H12025 Growth acceleration thanks to salesforce investments and Revenue 1,344.0 1,421.4 cross-sell across the Group . . Stable operating margin at 2.9% despite investments in Operating margin 38.1 41.4 salesforce and competitive pressure on margins
Slide 28: Simplified balance sheet
Simplified balance sheet ASSETS (in 311 4 | 30.06. EQUITY & LIABILITIES (in €M) -2024 | 30.06.2025 Goodwill 525 533 Equity Other long-term assets 195 181 . . 9 Net Financial Debt 96 208 Assets related to leasing activities 421 418 Commitments on residual value 121 121 Residual interest in leased ass
Slide 29: Stock Exchange
Stock Exchange Equity tab - % of ownership and number of shares as of 30 June 2025 Market cap €325M 2.5% Treasury shares 4.1M 53.4% Holding companies held by Mr. Bouchard 44.2% 89.1M Free float 73.8M Number of shares * Total shares 167.0 M + Outstanding shares 162.9 M + Floating shares: 73.8 M Closi
Slide 30: Contact
Contact econocom HAVAS Paris Investor and Financial Media Shareholder Relations Communications Relations @ annevillermain.lecolier@econocom.com @ estelle.bleuze@havas.com @ groupeeconocom@havas.com @ alexandre.sehier- vilmart@havas.com al