Slide 1: Esprinet Group
Slide 2: Forward-looking statements
This presentation may contain forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. Forward-looking statements may include, in particular, statements about future events, futu
Slide 3: H1 2025 Results
| esprinet H1 2025 RESULTS
Slide 4: Quarter highlights
The reference market in Europe grew faster than expected, with stronger quarterly EBITDA Adj. at Euro 25.1 million, +2% compared the same period last year, +38% in Q2-25 performance in Q2-25, contributing to total growth of around 5%. against Q2-24. Operating costs grew by 7% in H1-25 with a very li
Slide 5: Geographic and business line performance
Italy Screens Devices Solutions & Green Tech 10% 9% 5% 1% 0% -6% -8% -7% 0% -2% -6% -4% Q2-25 Net Sales Q2-25 Var. vs Var. vs H1-25 Net Sales H1-25 Var. vs Var. vs As Reported Gross Sales(2) Q2-24 Q2-24 As Reported Gross Sales H1-24 H1-24 Spain Screens Devices Solutions & Green Tech 34% Esprinet Mar
Slide 6: Revenue and EBITDA bridge
56.6 6% 0.9 6% 100% 80% 210.3 22% 498.6 481.5 17.1 4% 3.4 2.0 1.4 70% 0.68% 0.42% 0.27% 203.6 217.0 -13.4 -6% 0.3 1.0 -0.7 0% 0.15% 0.46% -0.31% 60% 9.7 68% 702.2 698.5 3.7 1% 3.7 3.0 0.7 23% 0.53% 0.43% 0.10% 40% 206.5 177.7 28.8 16% 7.8 4.6 3.1 67% 3.78% 2.59% 1.19% 702.2 72% 3.8 3.9 -0.1 -3% 1.9
Slide 7: Gross profit and SG&A
(M/€) Q2 2025 Q2 2024 Var. % H1 2025 H1 2024 Var. % • In H1-25 Gross Profit grew by 6% compared to the same period of previous year due to the combined effect of the increase in sales and gross profit margin which stood at 5.74%. Remarkable growth in Q2-25: +9% compared to the second quarter of last
Slide 8: Net invested capital
• Net Invested Capital as June 30, 2025 stands at 700.7 M€ and is covered by: (M/€) 30/06/2025 30/06/2024 31/03/2025 o Shareholders’ equity for 373.2 M€ (370.9 M€ as of June 30, 2024); o Cash negative for 327.5 M€ (negative for 164.0 M€ as of June 30, 2024). Fixed Assets 164.9 168.2 164.2 • Operatin
Slide 9: Working capital days
100 35 32 31 90 30 30 29 29 28 28 30 27 27 80 26 26 23 24 24 25 70 22 22 22 21 60 20 20 17 50 88 87 88 87 15 40 13 13 13 84 84 12 78 77 77 80 72 75 75 73 69 70 68 70 68 66 66 30 62 62 9 59 57 56 57 58 58 59 57 58 5654 5754 5756 10 52 8 8 52 54 54 53 54 55 55 51 49 48 48 49 55 54 47 47 45 44 46 44 20
Slide 10: Cash cycle metrics
100 50 44 90 40 41 39 36 37 40 35 35 80 33 33 31 29 29 29 70 26 30 25 22 60 16 20 15 16 14 50 12 89 90 88 89 85 85 86 83 10 40 82 81 79 77 76 3 4 2 70 73 72 72 73 68 66 68 69 66 66 65 30 61 -2 59 60 61 60 59 6060 54 52 56 58 55 57 54 5759 59 55 5856 0 51 52 50 51 51 53 51 51 51 48 45 48 48 43 45 -8
Slide 11: ROCE and capital employed
30.0% 25.0% 25.1% 23.2% 20.5% 20.0% 19.7% 17.6% 15.7% 16.2% 15.2% 15.8% 15.0% 14.0% 12.9% 13.3% 11.4% 14.4% 13.1% 10.9% 11.0% 10.0% 9.8% 11.6% 10.8% 9.4% 9.6% 8.6% 8.6% 10.2% 9.1% 8.0% 8.1% 8.4% 8.2% 8.3% 8.2% 8.3% 7.9% 8.0% 7.6% 7.3% 6.9% 6.4% 7.1% 7.0% 7.1% 7.1% 6.5% 6.4% 6.7% 6.6% 6.9% 5.5% 5.4%
Slide 12: Final remarks
FINAL REMARKS
Slide 13: Market outlook
• Industry analysts are optimistic about the ICT distribution market, which looks set to continue its expansion. • A stronger quarterly performance, in Q2 2025, has led to an upward revision for the full annual forecast. • Analysts estimate low-mid single digit growth for the current year. This is m
Slide 14: 14
14
Slide 15: Event dates
EVENT DATE Le Eccellenze del Made in Italy, October 1, 2025 organized by Intermonte 2025 Italian Excellences, October 14, 2025 organized by Intesa Sanpaolo Board of Directors, November 13, 2025 approval of the Half-Year Financial Report as at September 30th, 2025 Mid & Small Conference, December 2,
Slide 16: Thank you
Thank you GRAZIE GRACIAS OBRIGADO DANKE MERCI 4A} iat jit @ essenost