Slide 1: A Leader in Advanced Security and Surveillance Solutions
A Leader in Advanced Security and Surveillance Solutions Synectics plc Interim Results 2025
Slide 2: Welcome and Agenda
2 Welcome Synectics plc Interim Results 2025 Agenda Amanda Larnder • Introduction to Synectics Chief Executive Officer • Highlights • Business Review: Synectic Systems • Business Review: Ocular • Financial Performance Review • Clear Strategic Focus • Summary and Key Takeaways • Appendices Chris Penn
Slide 3: Advanced Security and Surveillance Solutions
3 Synectics plc Interim Results 2025 Advanced Security UK & Ireland Asia-Pacific and Surveillance Europe Critical Infrastructure • Utilities • Custodial Solutions North America Middle East • Emergency Services • Healthcare • Data Centres* Energy • Offshore Oil & Gas Our Purpose • Onshore Oil & Gas •
Slide 4: Highlights
4 Highlights Synectics plc Interim Results 2025 • Strong financial results for the first half, underpinned by the planned delivery of a major customer contract • Interim dividend increased to 2.2 pence per share (H1 2024: 2.0 pence per share) • Solid customer demand, including several key contract w
Slide 5: Business Review: Synectic Systems
5 Business Review Synectics plc Interim Results 2025 Synectic Systems Revenue by sector H1 25 vs H1 24 Develops and delivers its proprietary, technology-led solutions to specialist markets globally H1 2025 H1 2024 Inc/(dec) Revenue (£m) 23.6 17.4 36% Underlying gross margin 47.4% 48.4% (1) ppts Unde
Slide 6: Business Review: Ocular
6 Business Review Synectics plc Interim Results 2025 Ocular Independent security systems integrator delivering solutions to end-users in the UK and Ireland H1 2025 H1 2024 Inc/(dec) Revenue (£m) 12.6 9.7 29% Underlying gross margin 26.7% 28.5% (1.8) ppts Underlying operating profit (£m) 0.8 0.7 17%
Slide 7: Project Highlights
7 Project Highlights Synectics plc Interim Results 2025 Transport Policing Energy Delivering Next-Gen Surveillance Upgrade for Technology for Stagecoach West Midlands Police Stagecoach is piloting Ocular’s On- Ocular is upgrading West Midlands Board Hub, an innovative, single- platform solution, des
Slide 8: Income Statement
8 Income Statement Synectics plc Interim Results 2025 £000 H1 25 H1 24 Change • H1 results delivering further growth in Revenue 35,485 26,272 35% revenues and profits • H1 Group revenues of £35.5m, reflecting Gross profit 14,541 11,177 30% 36% growth in Synectic Systems and 29% growth in Ocular % 41
Slide 9: Revenue Sectors
9 Revenue Sectors Synectics plc Interim Results 2025 Revenue by Sector H1 2024 vs H1 20254 • Transport revenues up 28% reflecting increased activity with major UK bus operators (Ocular) and Berlin public transport (Systems) • Energy revenues down (13)% reflecting slowdown in O&G in H1; pickup antici
Slide 10: Revenue & Order Book Profile
10 Revenue & Order Book Profile Synectics plc Interim Results 2025 H1 2023 H2 2023 H1 2024 H2 2024 H1 2025 • Strong growth in revenues in H1 2025, driven by L&H activity • Stable performance in Recurring and Repeat revenues • Order book reflects contract momentum, despite substantial unwinding of la
Slide 11: Operating Profit
11 Operating Profit Synectics plc Final Results 2024 • Operating profit shown on an underlying basis, before non-underlying items and share-based payment charge • Movement in total cost base reflects investment in business improvement, alongside ongoing inflationary increases • Staff costs: salary i
Slide 12: Net Cash
12 Net Cash Synectics plc Interim Results 2025 • Strong cash generation from operating activities • Working capital inflow from reduced inventories and contract assets, offsetting lower payables • Capex includes capitalised development spend £0.6m, plus other intangible assets £0.2m (ERP) • Free cas
Slide 13: Clear Strategic Focus
13 Clear Strategic Focus Synectics plc Interim Results 2025 Areas of focus for FY 2025 Strategic pillars Progress the next phase of Ocular’s strategy, building on early progress to refine market Expand our market Invest in technology to presence in both core and drive innovation and positioning and
Slide 14: Summary and Key Takeaways
14 Synectics plc Interim Results 2025 Summary and Key Takeaways Strong performance in H1 2025 and with increased interim dividend of 2.2 pence per share; positive start to H2. Solid order book with trading for the full year comfortably in line with market expectations. Revenue expected to be evenly
Slide 15: Synectics plc contact details
Synectics plc Synectics House 3-4 Broadfield Close Sheffield, South Yorkshire S8 0XN, United Kingdom t. +44 (0) 114 280 2828 e. info@synecticsplc.com www.synecticsplc.com
Slide 16: Reasons to Invest
16 Reasons to Invest Synectics plc Interim Results 2025 Synectics represents a compelling investment opportunity for those seeking a combination of ambition, innovation, and reputation operating in strong and growing markets across the globe. 1 Specialist Markets 2 Innovative Technology • Demanding
Slide 17: Our People
17 Our People Synectics plc Interim Results 2025 Our people strategy focuses on finding, keeping, and growing brilliant individuals. By building a high-potential talent pipeline, fostering cross-business collaboration, and preparing leaders for growth, we aim to empower every employee to connect the
Slide 18: Sustainability
18 Sustainability Synectics plc Interim Results 2025 Phase 1: Understand During 2024, we continued to make progress and completed phase 2: Develop, by analysing the materiality assessment Materiality assessment completed. results and creating an ESG framework. We have continued to build on this mome
Slide 19: The Board
19 The Board Synectics plc Interim Results 2025 Bob Holt OBE Amanda Larnder Non-Executive Chair Chief Executive Officer and Chief Financial Officer (Executive Director) Bob is a highly accomplished executive with over 35 years' experience in senior leadership Amanda is an experienced executive with
Slide 20: Leadership Team
20 Leadership Team Synectics plc Interim Results 2025 Amanda Larnder Chief Executive Officer Directors David Gavin David Aindow Clare Bryan-Wright Chris Jepson Director, Operations & Finance Business Strategy Director Group Director of HR Managing Director Synectic Systems Synectic Systems Synectics
Slide 21: Major Shareholders
21 Major Shareholders Synectics plc Interim Results 2025 Substantial shareholdings Shareholdings in the Company of greater than 3% as advised at 18 June 2025 are as follows: Holder % Whitehall Associated SA 25.29% Interactive Investor 7.58% Downing LLP 7.34% Hargreaves Lansdown 6.97% Dowgate Capital
Slide 22: Surveillance At the Heart of Control Rooms
22 Synectics plc Interim Results 2025 Synergy Software Surveillance At the Heart of Control Rooms Synergy is a highly scalable, flexible and user-friendly integrated security and surveillance system. Over 270 active installations worldwide with 250,000 channels being managed and recorded
Slide 23: Protection in the Toughest Conditions
23 Synectics plc Interim Results 2025 COEX Camera Stations TM Protection in the Toughest Conditions More than 10,000 COEX cameras delivered in the last 10 years
Slide 24: Technology Investment
24 Synectics plc Interim Results 2025 Technology Investment We continue to invest in the latest technology and services to position the Company for further growth in each market. AI and Analytics Hybrid Synergy Invest in further AI technology natively By combining our on-premise and cloud and with t
Slide 25: Our Strategy - Core Market Sectors
Our Strategy - Core Market Sectors 25 Synectics plc Interim Results 2025 Public Space Target Markets Market Drivers Operating in markets where security • Smart Cities • Urbanisation and surveillance are critical • Local Authorities • Growing Security Threats • Education • Regulatory Compliance • Ret
Slide 26: Key customers include:
26 Synectics plc Interim Results 2025 Key customers include:
Slide 27: Our Strategy
27 Our Strategy Existing market Existing market, new region Potential new market Synectics plc Interim Results 2025 Market Presence - Three to Five Year Plan Serviceable Market $2.6bn Excluding Data Centres, $160m renewables and new UAE Critical Infrastructure investment Energy $675m Public Space $6
Slide 28: Our Strategy
28 Our Strategy Synectics plc Interim Results 2025 Accelerating our growth We have a refreshed strategy committing to excellence and innovation, based around our key principles of Know More. Serve Better. Innovate Always. Underpinning this strategy are four priorities focussed on delivering ambitiou