Slide 1: Growth accelerated in Q2 with revenue up 40% and adjusted operating profit more than doubled
Growth accelerated in Q2 with revenue up 40% and adjusted operating profit more than doubled Q2 2026 BRIEFING 14.8.2026
Slide 2: Welcome to Exel's Q2 2026 briefing
Welcome to Exel’s Q2 2026 briefing This session is being recorded. Today’s presenters We will have a Q&A session at the end. Paul Sohlberg Mikko Rummukainen PRESIDENT AND CEO CHIEF FINANCIAL OFFICER 3 EXEL COMPOSITES | Q2 2026 BRIEFING
Slide 3: Strong Q2 performance with growth in both business units, higher profitability and solid cash generation
Strong Q2 performance with growth in both business units, higher profitability and solid cash generation Revenue increased by 40% to EUR 34.6m, with Engineered Solutions growing by 30% and Industrial Solutions by 82% Adjusted operating profit more than doubled to EUR 2.5m, with the margin improv
Slide 4: Strong Q2 revenue growth and order intake drove a clear step-up in profitability
Strong Q2 revenue growth and order intake drove a clear step-up in profitability €34.5m €34.6m €2.4m €2.5m 7.3% Order intake Q2 Revenue Q2 EBIT Q2 Adjusted EBIT Q2 Adjusted EBIT 21.5% YoY +39.7% YoY +210% YoY +124% YoY margin Q2 Order intake, EUR million Revenue, EUR million Adj. operating profit, E
Slide 5: Order intake matched good revenue delivery, backlog remained strong
Order intake matched good revenue delivery, backlog remained strong €34.5m €98.6m Order intake Order backlog +21.5% YoY +112% YoY Order intake increased by 22% to EUR 34.5m Order backlog remained strong at EUR 98.6m Order backlog development, 2023–2026 – More than double year on year and unchang
Slide 6: Q2 revenue growth driven by Energy customers & defense-related applications
Q2 revenue growth driven by Energy customers & defense-related applications Energy revenue doubled Revenue by customer industry Share of revenue by customer industry, % year on year, driven by EUR million customer call-offs 34.6 Revenue reported under Other increased by 53%, 9.8 19.9 16.8 24.5 2
Slide 7: Q2 revenue growth translated into a clear profitability step-up and positive cash flow
Q2 revenue growth translated into a clear profitability step-up and Adjusted operating profit development positive cash flow 2024–2026 Adjusted operating profit more than doubled 4 8% to EUR 2.5m, with margin improving to 7.3% 7.3 % Operating profit increased to EUR 2.4m, 2 4% corresponding to a
Slide 8: Solid revenue growth and steady customer activity
ENGINEERED SOLUTIONS BUSINESS UNIT (ESBU) ESBU revenue, 2025–2026 Solid revenue growth and steady customer activity 83.9 22.9 Revenue EUR 26.3m, +30% year on year 19.7 Growth supported by higher volumes 20.2 26.3 under long-term customer agreements, 24.0 21.1 including the multi-year conductor c
Slide 9: Strong growth with improved operational readiness
INDUSTRIAL SOLUTIONS BUSINESS UNIT (ISBU) ISBU revenue, 2025–2026 Strong growth with improved operational readiness 19.3 Revenue EUR 8.4m, +82% year on year 6.1 4.4 Growth driven mainly by higher deliveries 8.4 to wind customers 4.6 4.2 6.2 Added production capacity supported 2025 2026 greater
Slide 10: Guidance for the full year 2026 (clarified)
Guidance for the full year 2026 (clarified) Exel Composites expects revenue and adjusted operating profit to increase significantly in 2026 compared to 2025. 11 EXEL COMPOSITES | Q2 2026 BRIEFING
Slide 11: Investor Calendar 2026
Investor Calendar 2026 Business Review Q3 2026 Wednesday 4 November 2026 at approximately 8:00 AM EET 12 EXEL COMPOSITES | Q2 2026 BRIEFING
Slide 12: For Forward Thinkers
FOR FORWARD THINKERS