Exel Composites Oyj · OMXHEX:EXEL
Exel Composites Oyj — Q3 2025 Earnings Presentation
11 slides from Exel Composites Oyj's earnings presentation, 2025
Slide 1: Order intake and adjusted operating profit increased by double digits in Q3
Order intake and adjusted operating profit increased by double digits in Q3 Q1–Q3 2025 Business Review
Slide 2: Q3 2025 in review: Momentum built for growth phase, profitability up
Q3 2025 in review: Momentum built for growth phase, profitability up Order intake +27.8% to EUR 26.9m; revenue EUR 24.1m (stable YoY). Adjusted operating profit EUR 0.9m (3.8%), +31% YoY. Order backlog EUR 49.2m, +61% YoY – stronger visibility into next quarters. – Energy remained strong; good
Slide 3: De Angeli Prodotti multi-year frame deal for composite conductor cores
De Angeli Prodotti multi-year frame deal for composite conductor cores Four-year frame agreement signed for composite conductor cores, with a minimum volume commitment of EUR 25 million over the contract term. Market activity increasing, we see this as a sign of the industry using more composite
Slide 4: Q3 2025 financial highlights: Strong order intake, higher adjusted operating profit
Q3 2025 financial highlights: Strong order intake, higher adjusted operating profit €26.9m €24.1m €0.4m €0.9m 3.9% ▲ Order intake Revenue Operating profit Adj. operating profit Adj. operating profit +27.8% YoY -2.0% YoY -29.4% YoY +31.2% YoY margin Order intake, EUR million Revenue, EUR million Adj.
Slide 5: Demand converting into orders
Demand converting into orders €26.9m €49.2m Order intake Order backlog +27.8% YoY +61.0% YoY Order intake accelerated to EUR 26.9m (+27.8% YoY), ahead of revenue EUR 24.1m. Order backlog development, 2023–2025 Backlog grew to EUR 49.2m (+61% YoY) 60 – Backlog value highest in 3 years 49.2 50 46.
Slide 6: Customer industries: Energy momentum continues, Industrial softness
Customer industries: Energy momentum continues, Buildings and Infrastructure and Transportation resilient, Industrial softness Energy remains Revenue by customer industry Share of revenue by customer industry, % strong – wind EUR million components and 74.5 74.2 conductor cores. 19.2 18.6 21.7 20.
Slide 7: Higher profitability from more efficient operations
Higher profitability from more efficient operations Adjusted operating profit development 2023–2025 Adjusted operating profit up increased 4 8% significantly in Q3 and Q1-Q3 YoY. We operate with fewer sites and increased 2 3.9 % 4% utilization rates. Operating cash flow negative from a build-u
Slide 8: Commercial wins and disciplined execution
ENGINEERED SOLUTIONS BUSINESS UNIT (ESBU) ESBU revenue, 2024–2025 Commercial wins and disciplined execution 82.5 21.0 60.9 20.0 19.7 Revenue EUR 19.7m (20.0) due to delivery phasing and Belgium transfer effects. 22.4 20.2 Composite conductor cores for De Angeli 19.1 21.1 Prodotti. FY 2024 Q1–Q3
Slide 9: Wind programs advancing with India capacity
INDUSTRIAL SOLUTIONS BUSINESS UNIT (ISBU) ISBU revenue, 2024–2025 Wind programs advancing with India capacity 17.1 4.1 13.2 4.6 4.4 Revenue EUR 4.4m (4.6). 4.2 4.6 India site moved to volume production and shipments began in September. 4.2 4.2 – Improving proximity and cost-to-serve for FY 2024
Slide 10: Guidance for 2025 unchanged
Guidance for 2025 unchanged Exel Composites expects revenue to increase and adjusted operating profit to increase significantly in 2025 compared to 2024. 12 EXEL COMPOSITES PLC | Q3 2025 BRIEFING
Slide 11: For Forward Thinkers
FOR FORWARD THINKERS