Gofore Plc · OMXHEX:GOFORE

Gofore — Q2 2026 Earnings Presentation

27 slides from Gofore's earnings presentation, Aug 18, 2026

  1. Slide 1: Q2 net sales +32.4%, organic growth +1.8%, adjusted EBITA more than tripled

    GOFORE PLC Q2 net sales +32.4%, organic growth +1.8%, adjusted EBITA more than tripled Half-year Report & Q2 2026 18 August 2026

  2. Slide 2: Welcome to the Livestream

    Welcome to the Livestream Mikael Nylund Agenda CEO • Q2 & H1 overview Mikael Nylund • Financial highlights Saara Ukkonen • Defence & Space Update • Targets, outlook & H2 priorities Markus Asikainen, Director of Defence & Security Timo Latvala Director, Space • Q&A Saara Ukkonen CFO

  3. Slide 3: Solid Q2 with continued growth and profitability

    Q2 / 2026 Solid Q2 with continued growth and profitability Gofore’s Q2 was a steady quarter both profitability and growth wise, also supporting long -term profitability by a strategic divestment decision . PROFITABILITY GROWTH Q3/26 SENTIMENT Steady profitability in 2026, with Continued positive org

  4. Slide 4: Half-year recap 2026

    1-6 / 2026 Half -year recap 2026 H1 was about growth, integrating latest acquisitions, investing in future growth and divesting non -core business. • Net sales growth 30.9%, organic growth 1.7%. • Profitability supported by Huld acquisition synergies that started to take effect on Q2. Net sales, • S

  5. Slide 5: M&A-induced growth 32% y-o-y

    GROWTH M&A -induced growth 32% y -o-y M&A Net Sales, MEUR 231 189.2 186.2 191.4 149.9 118.6 104.5 78 90.6 2020 2021 2022 2023 2024 2025 LTM June 26 H125 H126 2018 figures presented as FAS figures, 2019 - presented as IFRS figures. 5

  6. Slide 6: Success in tough competition

    CUSTOMERS Success in tough competition Gofore’s competitiveness especially in public sector tenders has remained good, although price competition is still tough. Amount of customers paying 1+ MEUR p.a. • Thanks to vast offering and high -quality delivery capability, rolling 12 mos Gofore is able to

  7. Slide 7: Acquisition integration proceeded well

    H1 / 2026 Acquisition integration proceeded well Number of Employees 1878 1791 In January -June , Gofore amplified integrating the latest acquisitions into the 1465 1471 Group, increased other new expertise and made a strategic divestment . • The integration of some 400 Huld employees into the Group

  8. Slide 8: Sale of Product Design and Technical Documentation

    M&A Sale of Product Design and Technical Documentation • Gofore has agreed to sell the Product Design & Technical • The business employs some 110 consultants, has 8.1 Documentation business, acquired with Huld in 2025, to MEUR in net sales for the past 12 mos. CoE Group. • Purchase price estimate 6.

  9. Slide 9: Financial Highlights

    Financial Highlights Saara Ukkonen CFO 9

  10. Slide 10: Q2 2026 Key Figures

    FINANCIALS Q2 2026 Key Figures Net sales Adj. EBITA EPS Headcount Note: 58.5 m € 7.2% 0.11 1,878 + 32.4 % Q2/25 +4.6 p.p. Q2/25 +0.17€ vs. Q2/25 +488 • Profitability in of the comparison period Q2/2025 was particularly weakened by projects that Factors affecting profitability, ‘000 EUR exceeded the

  11. Slide 11: Net sales distribution in January-June

    NET SALES Net sales distribution in January -June Half -yearly development , % share of total net sales Own work, subcontracting Geographically By customer sector By l argest customers and product sales 2 2 18 16 14 26 53 61 82 82 84 74 47 39 2025 2026 2025 2026 2025 2026 Products Private Public Oth

  12. Slide 12: Profitability improved from last year

    Q2 / 2026 Profitability improved from last year Q2 salary • Profitability remained at the same level as earlier in the year. change • Profitability improved from last year, supported by net sales and -1.3% utilisation growth, acquisitions, integration synergies and better control over fixed -price p

  13. Slide 13: Excellent financial KPIs

    Q2 2026 Excellent financial KPIs EUR million , unless stated otherwise 30 June 2026 30 June 2025 Strong liquidity and excellent balance sheet Cash and cash equivalents 27.2 49.6 enabling: Interest -bearing net debt 21.5 -28.4 • Cash balance has endured significant M&A transactions and increasing pro

  14. Slide 14: Operating cash flow turned positive in Q2

    Q2 2026 Operating cash flow turned positive in Q2 H1 '26 YTD cash flows, ‘000 EUR 3 290 43 187 Gofore investing in growth: -5 338 • Operating cash was positive • Gofore continued acquisition and profit 27 716 distribution with total net change in cash - -13 422 -1 15.5 MEUR; - New loan for Esentri a

  15. Slide 15: Defence & Space Update

    Defence & Space Markus Asikainen Director, Defence & Security Update Timo Latvala Director, Space 15

  16. Slide 16: Gofore's strategic industries and key customer segments

    GOFORE’S STRATEGIC INDUSTRIES AND KEY CUSTOMER SEGMENTS Intelligent Defence & Digital Industry Space Society is about merging the physical and promotes a safer future in a turbulent consists of both public and digital in a world where industrial global landscape, where national private sector servic

  17. Slide 17: Roadmap to match emerging market trends

    DEFENCE & SPACE Roadmap to match emerging market trends Driving force in the background: GOFORE’S EXISTING STRENGTHS Increased volatility of the geopolitical landscape since 2022 • Comprehensive offering and skill Full scale war in Ukraine Demand for European strategic autonomy Finland joining Nato

  18. Slide 18: Gofore has built a unique market position

    DEFENCE & SPACE Gofore has built a unique market position 01 EXPERTISE AREA 0 2 EXPERTISE AREA 0 3 CONVERGENCE Defence & Security Space The joining force We serve authorities and We serve the institutional private companies in the Unlock Connect and private space industry, Unique ability to be an se

  19. Slide 19: Gofore's Defence & Space today

    DEFENCE & SPACE Gofore´s Defence & Space today 01 MARKET SHIFT 02 FOUR GROWTH MOVES 03 TRACTION Convergence of Defence & Space 01 Unlock 02 Expand 18 MEUR LTM net sales dual -use core Organic g rowth in Sector boundaries blurring data expertise 21% H1/2026 Innovation cycle in demand to accelerate To

  20. Slide 20: Targets & 2026 Outlook

    Targets & 2026 Outlook 20

  21. Slide 21: Cornerstones of our Strategy

    Cornerstones of our Strategy AREAS FOR GROWTH WAYS TO CREATE VALUE Focus on chosen strategic Goforeans 1. industries 1. Building on the mentality praised by our Focusing and growing within the chosen customers and the way of achieving things strategic industries; Digital Society, Defence together su

  22. Slide 22: Long-term financial targets

    TARGETING Long -term financial targets Related to Gofore’s updated strategy, in December 2024, the Gofore Board of Directors decided to update the company's financial targets that span over the economic cycle. 500 MEUR 15% 40% of net sales by 2030 Profitability of Dividends minimum Organically outpe

  23. Slide 23: Long-term financial targets: on track for 500 MEUR by 2030

    TARGETING Long -term financial targets 500 On track for 500 MEUR net sales target by 2030 500 MEUR 450 of net sales by 2030 400 Organically outperforming market growth. At least half of total 350 growth expected to be organic. 300 250 15% Profitability of adjusted EBITA 200 150 100 40% 18% CAGR Divi

  24. Slide 24: Q3/2026 Performance drivers

    2026 Q3/2026 Performance drivers Growth and profitability development is significantly influenced by the revitalisation of private sector demand and the progress in achieving cost synergies. • Huld and Esentri acquisitions will increase net sales in Finland and the DACH region. • Sale of the Product

  25. Slide 25: H2/2026 priorities

    2026 H2/2026 priorities Well placed to take advantage of improving market conditions and the major shift in customer demand. 1. Accelerate organic growth trend after a successful turnaround - Leverage portfolio of high -growth opportunities like Defence&Security , simulator technology, cybersecurity

  26. Slide 26: Q&A

    Q&A Mikael Nylund Saara Ukkonen Markus Asikainen Timo Latvala 26

  27. Slide 27: Pioneering an ethical digital world.

    Pioneering The 2026 IR Calendar is live at an ethical gofore.com/ en/invest/ digital world. investor -calendar/ Get in touch with us at investorrelations@gofore.com

Gofore — Q2 2026 Earnings Presentation on 6ix