Velocity Composites Plc · LSE:VEL
Velocity Composites — H1 2026 Earnings Presentation
23 slides from Velocity Composites's earnings presentation, June 2026
Slide 1: Investor Presentation & Financial Statements for half-year ended 30 April 2026
INVESTOR PRESENTATION & Financial Statements for the half-year ended 30 April 2026 Velocity Composites Plc AMS Technology Park Billington Road Burnley Lancashire BB11 5UB www.velocity-composites.com Registered No: 06389233
Slide 2: Velocity Disclaimer
Velocity Disclaimer IMPORTANT NOTICE prospectus, contract or commitment. is being made available to the recipients Group’s present and future business strategies and the environment in which thereof for the purpose of providing information and is not intended to form the the Company and/or the Group
Slide 3: Presentation Team
Presentation Team © Velocity Composites plc - 2026 | www.velocity-composites.com Jon Bridges Rob Smith CEO CFO Jon co-founded Velocity Composites in 2007. Jonathan Rob is a chartered management accountant with has over 33 years’ experience within the advanced significant experience in leadership rol
Slide 4: FY25 Financial Highlights
FY25 Financial Highlights Gross Margin % Revenue 28.0% © Velocity Composites plc - 2026 | www.velocity-composites.com £8.4m FY25 H1 29.0% FY25 H1 £10.4m Adjusted EBITDA* £0.1m FY25 H1 £0.3m Cash at Bank £0.7m Operating Loss 31/10/25 £0.4m £(0.9)m FY25 H1 £(0.4)m * adjusted Earnings before interest,
Slide 5: Aerospace Industry | FY26 H1 Review – FY26 H2+ Expectations
Aerospace Industry | FY26 H1 Review – FY26 H2+ Expectations © Velocity Composites plc - 2026 | www.velocity-composites.com FY26 H1 Review FY26 H2 & Expectations Beyond • The re-acquisition of multiple Spirit Aerosystems • Optimism that both civil and defence production sites was completed by both Ai
Slide 6: Business Progress
Business Progress US OPERATIONS EUROPEAN OPERATIONS • Lead US customer has awarded additional work • The increased A350 scope awarded in FY25 is (incl. process materials) to Velocity Composites entering sustained production in FY26 H2 • FY26 H1 impacted by continuing customer • As previously announc
Slide 7: Summary Income Statement
Summary Income Statement FY26 H1 FY25 H1 £000 £000 • Group revenue decreased by 19.2%, primarily due to PO © Velocity Composites plc - 2026 | www.velocity-composites.com Revenue 8,439 10,442 timing phasing from a UK legacy customer and material/ quality issues affecting a US programme Cost of sales
Slide 8: Summary Statement of Financial Position
Summary Statement of Financial Position FY26 H1 FY25 H1 • Non‑current assets decreased due to low capital © Velocity Composites plc - 2026 | www.velocity-composites.com £000 £000 expenditure during the period Non-current assets 4,091 5,091 • Inventory reduced reflecting lower sales, with H1 Inventor
Slide 9: Summary Statement of Cash Flows
Summary Statement of Cash Flows FY26 H1 FY25 H1 • Further progress in inventory control, debtor © Velocity Composites plc - 2026 | www.velocity-composites.com £000 £000 collections and supplier terms delivered working Operating cash (out)/inflow (82) 274 capital cash generation Movements in working
Slide 10: Cash Bridge
Cash Bridge | FY26 H1 Cash Bridge (£000) Cash Bridge FY26 H1 Cash Bridge (£000) © Velocity Composites plc - 2026 | www.velocity-composites.com 137 1,098 (49) £656 (758) (82) £392 (82) Cash at Operating Working Tax Investing Financing FX Cash at 1 Nov Cash Flow Capital Received Movement 30 Apr 10 10
Slide 11: FY26 Outlook and Summary
FY26 Outlook and Summary © Velocity ©Composites Velocity Composites Plc - 2025 plc - 2026 | www.velocity-composites.com • Complete transfer of remaining US customer • Continue to build US and UK pipeline to programmes replace legacy programmes • Ramp additional business from launch US • Close out op
Slide 12: Appendices
APPENDICES © Velocity Composites plc - 2026 | www.velocity-composites.com 12
Slide 13: Major Shareholders (as at April 2026)
Major Shareholders (as at 30 April 2026) Number of % of issued © Velocity Composites plc - 2026 | www.velocity-composites.com Ordinary Ordinary NAME Shares Shares Maven Renovar VCT PLC 5,650,294 10.34% Jonathan Bridges and family 5,032,596 9.21% TM Stonehage Fleming AIM Fund 4,967,289 9.09% Seneca P
Slide 14: Board of Directors
Board of Directors © Velocity Composites plc - 2026 | www.velocity-composites.com Andy Beaden Jon Bridges Rob Smith Annette Rothwell David Bailey Non-Executive Chairman Chief Executive Officer Chief Finance Director Non-Executive Director Non-Executive Director Andy has over 30 Jon has 33 years’ Rob
Slide 15: Our Approvals
Our Approvals © Velocity Composites plc - 2026 | www.velocity-composites.com AIRBUS: BOEING: NADCAP - AC7118 (KSP) ABP-62185, ABP-61289, AIPS03-02-018, BCA-65224-0312 Merit status (all facilities) AIPS03-02-019, AIPS03-07-007 + SBP-65224-0411 15
Slide 16: Investment Case
Investment Case • VELOCITY COMPOSITES PLC is an established • SUSTAINED adjusted EBITDA AND POSITIVE business which delivers real benefits to large CASH GENERATION EXPECTED once © Velocity Composites plc - 2026 | www.velocity-composites.com aerospace manufacturers by using proprietary contracted bus
Slide 17: Composite Materials
Composite Materials • A combination of a matrix and a reinforcement, which COMPOSITE USE IN AIRCRAFT when combined gives properties superior to the properties of the individual components • In the case of an aerospace composite, the reinforcement is the fibres and the matrix is the thermosetting res
Slide 18: Sustainability driving growth | New generation aircraft
Sustainability driving growth | New generation aircraft In 2024, around 34% of the world’s in service aircraft fleet are of the latest generation. Latest generation aircraft are delivering up to 25% better fuel efficiency and lower CO2 emissions than previous generation aircraft” (AIRBUS Global Mark
Slide 19: The Velocity Solution
The Velocity Solution © Velocity Composites plc - 2026 | www.velocity-composites.com Raw Material STRUCTURAL PRODUCT Customer THE FINISHED PART VACUUM BAG PRODUCT Providing at least 10% material cost saving and 20% time cost saving to customers 19
Slide 20: Velocity Technology
© Velocity Composites plc - 2026 | www.velocity-composites.com MATERIAL SUPPLIER EXPECTED STOCK ACTUAL STOCK D IBP FREEZER D CUSTOMER MONTHLY MATERIAL D RAW MATERIAL VC DEMAND 12 to 34 MANAGEMENT ERP ORDER BOOK DEMAND PLANNING (KIT/Part level) DEMAND Weeks (WITH RFID) REVIEW RAW MATERIAL STOCK 2 to
Slide 21: Where Velocity sits in the global composites industry
Where Velocity sits in the global composites industry VELOCITY TOTAL KIT PROVISION © Velocity Composites plc - 2026 | www.velocity-composites.com • Inventory Finance • Inventory Management Global Material Suppliers / Distributors • Demand Aggregation • Goods In • Quality Inspection • Kit Manufacturi
Slide 22: Revolutionising Composite Cleanrooms
© Velocity Composites Plc - JAN 2021 © Velocity Composites plc - 2025 | www.velocity-composites.com Revolutionising Composite Cleanrooms 22
Slide 23: Contact us
© Velocity Composites plc - 2026 | www.velocity-composites.com Contact us: +44 (0)1282 577577 www.velocity-composites.com