Slide 1: 1H2025 Results Presentation
1H2025 Results Presentation 13 August 2025
Slide 2: Disclaimer
Disclaimer The information contained in this presentation has not been independently verified. The Company assumes no responsibility or liability whatsoever (in negligence or otherwise) for, the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein
Slide 3: Business Overview, Financial Performance, Q&A
1 Business Overview 2 Financial Performance 3 Q&A
Slide 4: Business Overview
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Slide 5: 1H2025 Key Financial Highlights
1H2025 Key Financial Highlights 1H2025 vs 1H2024 1H2025 vs 1H2024 Revenue Order book S$440.9 million 2.8% S$573.8 million 17.1% Gross margin (%) Order intake 27.9% 0.3pp S$366.7 million 3.2% EBITDA Cash (used in)/generated from operating activities S$39.5 million 3.0% S$(27.4) million N.M EBITDA mar
Slide 6: 1H2025 Business Updates - Electrification
1H2025 Business Updates - Electrification Key developments in 1H2025 Lower order intake from USA region attributed to the decline in Key markets: USA, 1 orders from the municipal market, arising from strategic shift to Australia, New Zealand focus on the data centre and infrastructure markets 2 Cont
Slide 7: 1H2025 Business Updates - Communications
1H2025 Business Updates - Communications Key developments in 1H2025 A major contract secured for the engineering design, 1 installation, and ongoing maintenance of advanced communications networks for a major data center in US Key markets: USA, UK, Acquired Chicago Communications, increasing our 2 p
Slide 8: 1H2025 Business Updates - Automation
1H2025 Business Updates - Automation Key developments in 1H2025 Higher order intake from USA region offset by lower 1 order intake in Asia Pacific region Key markets: USA, UK, Focus on improving profitability of Automation business Australia, New Zealand, 2 in the USA region Singapore EBITDA were lo
Slide 9: Strong underlying recurring revenue
Strong underlying recurring revenue 1H2025 S$ million 1H2025 1H2024 Change % Flow Business * 294.9 305.7 -3.5% 33% Large Greenfield Projects 146.0 123.2 18.5% Total 440.9 428.9 2.8% 67% Flow Business % 67% 71% Note: Total may not sum up due to rounding. *Includes Brownfield and Small Greenfield Proj
Slide 10: Growth Drivers – Emerging Megatrends
Growth Drivers – Emerging Megatrends Urbanisation Electrification Decarbonisation Artificial Intelligence • Currently, 56% of the • Process of substituting • Process of removal or • According to Statista(4), the world's population (4.4 fossil-fuel sources of reduction of CO2 output global AI market
Slide 11: Outlook for 2025
Outlook for 2025 CSE is well positioned to achieve a healthy financial performance in 2025 with an order book of S$573.8 million as at 30 June 2025. However, the current global economic outlook and inflationary pressures continue to present uncertainties in the markets we operate. Our strategy to fo
Slide 12: Dividend for 1H2025
Dividend for 1H2025 Dividend Track Record 3 2.5 1H2025 2 1.5 1.5 1.5 Dividend (cents): 1.15 1.5 - Interim 1.14 1 Payment date 26 September 2025 1.25 1.25 1.25 1.25 1.14 0.5 Book closure 21 August 2025 0 FY2021 FY2022 FY2023 FY2024 1H2025 Interim Dividend Final Dividend
Slide 13: Financial Performance
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Slide 14: Summary Financials
Summary Financials S$ million 1H2025 1H2024 Change Highlights: Revenue 440.9 428.9 2.8% • Revenue grew by 2.8% year-on-year to S$440.9m in 1H2025 primarily driven by the Communications business segments in Gross profit 123.0 118.4 3.8% the Americas region Gross margin (%) 27.9% 27.6% 0.3p.p • Group’
Slide 15: 1H2025 FX Movement
1H2025 FX Movement 1H2025 1H2024 Change (%) USD/SGD 1.3328 1.3434 -0.79% GBP/SGD 1.7193 1.7022 1.00% AUD/SGD 0.8417 0.8881 -5.22% 15
Slide 16: 1H2025 Constant Currency Figures
1H2025 Constant Currency Figures 1H2025 S$ million 1H2025 1H2024 Change (%) Constant Change (%) Currency Revenue 440.9 428.9 2.8% 448.9 4.7% EBITDA 39.5 38.3 3.0% 40.0 4.4% PAT 16.3 15.0 8.5% 16.5 9.6% 16
Slide 17: 1H2025 Breakdown By Business Segments
1H2025 Breakdown By Business Segments REVENUE EBITDA 1H2025 1H2024 30.0 24.8 25.0 21.7 22% 23% 20.0 15.0 49% 11.2 11.2 51% 10.0 29% 26% 5.4 5.0 3.4 0.0 Electrification Communications Automation Electrification Communications Automation 1H2025 1H2024 S$ million 1H2025 1H2024 YoY % S$ million 1H2025 1
Slide 18: Quarterly Revenue Trends
Quarterly Revenue Trends By Business, Q-o-Q (S$ million) ELECTRIFICATION COMMUNICATIONS 117.3 70.1 115.1 113.2 61.8 101.7 104.8 59.6 56.7 57.9 97.5 54.0 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 AUTOMATION GROUP 56.7 235.4 50.1 231.4 47.3 48.5 48.0 41.9 218.4 213.9 205.5 197.5 1Q24
Slide 19: 1H2025 Order Intake/Book By Business Segments
1H2025 Order Intake/Book By Business Segments Order Intake Order Book $378.7m $366.7m $692.3m 98.6 99.7 $573.8m 191.1 175.2 114.5 106.2 136.1 106.6 395.0 165.6 292.0 130.9 1H2025 1H2024 1H2025 1H2024 Electrification Communications Automation Electrification Communications Automation 19
Slide 20: Group Balance Sheet
Group Balance Sheet S$ million 30-Jun-25 31-Dec-24 30-Jun-24 PPE 51.7 54.1 76.4 Other non-current assets 57.7 23.5 26.1 Intangible assets 111.1 107.4 95.8 Cash and bank balances 49.4 57.4 101.8 Asset held-for-sale - 24.2 4.0 Net contract assets 66.8 35.5 43.2 Inventories 70.3 58.7 70.2 Trade and oth
Slide 21: Group Cash Flow Statement
Group Cash Flow Statement S$ million 1H2025 1H2024 As at beginning of the period 57.4 38.4 EBITDA 39.5 38.3 Other non-cash adjustments (2.1) 0.8 Changes in working capital (53.5) (15.5) Interest and tax (11.3) (7.8) Cash flow from operating activities (27.4) 15.8 Capital expenditure, net of sale (6.
Slide 22: Q&A
Q&A
Slide 23: Appendix 1
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Slide 24: About CSE Global
About CSE Global Leading systems integrator providing automation, communications and electrification solutions across various industries globally 1999 – 2000 2000 – 2020 2020 – 2022 2022 – 2025 New Substantial Fund Raising & Listing Acquisitions Shareholder Acquisitions Initial public offering on Ac
Slide 25: Geographical Presence
Geographical Presence CSE Crosscom UK Europe 15 CSE Crosscom USA countries North America CSE Global Singapore 61 CSE W-Industries offices North America ~2,000 CSE Australia Australia & New Zealand employees 25
Slide 26: Why Our Customers Choose Us
Why Our Customers Choose Us We exist because of our customers. Notable projects We make their jobs easier by solving their problems and delivering We have what it takes to get the job done and finish well – what they need. By applying our engineering knowledge to find the no problem is too big that
Slide 27: Our Business
Our Business Electrification Communications Automation Solutions provided for Flow Business Projects • Includes Brownfield and Small Greenfield Projects that tend to be Large Greenfield Projects recurring in nature • Complete, end-to-end 'program' solutions developed from concept to final commission
Slide 28: Our Solutions - Electrification
Our Solutions - Electrification Data Centres Electric Vehicle Charging Infrastructure Provision of data center electrification solutions Design, engineering and integration of to power 24x7 operations with switchgears, charging station systems to the grid. RPPs, busway, and prefabricated modular sol
Slide 29: Our Solutions - Communications
Our Solutions - Communications VSAT Satellite Fibre Optic Systems Microwave Radio Systems LAN/WAN Networks Conventional & Trunked Communications Networks Offer the highest throughput of Provide point-to-point or point- Design and construction services Radio Systems Typically used in remote areas all
Slide 30: Our Solutions - Automation
Our Solutions - Automation Process Control Systems Supervisory Control Remote Power Subsea Control Systems Wellhead Control Systems Hybrid or PLC-based systems & Data Acquisition Line Distribution PLC-based control system Used to control dry wellhead which monitor and control the Industrial control