Slide 1: Kendrion delivers a solid start to 2025 as a pure-play Industrial company
K E N D R I O N N . V . P R E S S R E L E A S E 1 3 M a y 2 0 2 5 Kendrion delivers a solid start to 2025 as a pure-play Industrial company, with increased revenue and profitability • Revenue from continuing operations increased by 4% to EUR 78.1 million (Q1 2024: EUR 75.1 million) • Normalized EBIT
Slide 2: Joep van Beurden, Kendrion CEO
Joep van Beurden, Kendrion CEO: “We are pleased to report a solid start to 2025, demonstrating resilience and growth despite ongoing global economic challenges. Revenue for the first quarter increased by 4% compared to the first quarter of 2024, reaching EUR 78.1 million. In particular, our Industri
Slide 3: Financial review
Financial review Revenue Q1 2025 In the first quarter of 2025, revenue totaled EUR 78.1 million, a 4% increase compared to EUR 75.1 million from continuing operations in Q1 2024. Currency effects had no material impact on revenue. Revenue in IB rose by 7%, from EUR 28.2 million in Q1 2024 to EUR 30.
Slide 4: Outlook
Outlook Kendrion anticipates that trading conditions in the second quarter of 2025 will remain largely consistent with those in the first quarter. Despite ongoing global uncertainties and trade tensions, the company is well-equipped to navigate these challenges, supported by its regional supply chai
Slide 5: Annexes
Annexes 1. Consolidated statement of comprehensive income 2. Consolidated statement of financial position 3. Financial calendar 2025 - The quarterly results are not audited - Page 5 of 8
Slide 6: Annex 1 – Consolidated statement of comprehensive income
Annex 1 – Consolidated statement of comprehensive income (EUR million) Q1 Q1 full year 2025 2024 2024 Revenue 78.1 75.1 301.5 Other income 1.4 0.1 1.7 Total revenue and other income 79.5 75.2 303.2 Changes in inventories of finished goods and work in progress 1.6 (1.0) (2.0) Raw materials and subcon
Slide 7: Annex 2 – Consolidated statement of financial position
Annex 2 – Consolidated statement of financial position (EUR million) 31 March 31 March 31 Dec. 2025 2024 2024 Assets Non-current assets Property, plant and equipment 91.9 97.2 96.0 Intangible assets 111.8 119.0 112.8 Other investments, including derivatives 3.7 0.2 3.9 Deferred tax assets 20.4 20.0
Slide 8: Annex 3 – Financial calendar 2025
Annex 3 – Financial calendar 2025 Publication Q1 2025 results Tuesday, 13 May 2025 07.30 a.m. Analysts' call Tuesday Tuesday, 13 May 2025 11.00 a.m. Publication Q2 and HY1 2025 results Wednesday, 27 August 2025 07.30 a.m. Analysts' meeting Wednesday, 27 August 2025 11.00 a.m. Publication Q3 2025 res