Talgo Sa · BME:TLGO
Talgo Sa — Q1 2025 Earnings Presentation
7 slides from Talgo Sa's earnings presentation, May 26, 2025
Slide 1: Results Presentation First Quarter 2025
Results Presentation First Quarter 2025 26 May 2025
Slide 2: Disclaimer
Disclaimer This presentation has been prepared and issued by Talgo, S.A. (the "Company") for the purpose of maintaining best practices in transparency. This presentation, nor any of the information contained herein, constitutes an invitation to buy, sell, or exchange shares of the Company or its sub
Slide 3: Executive Summary – Key Highlights
Executive Summary – Key Highlights ▪ Health & Safety: Almost 50% decrease in both accident frequency and severity rates Q1-2025 compared to the same period of 2024. ▪ Company currently under negotiations with Deutsche Bahn (largest manufacturing project in Accident freq.1 6.1 Business the backlog) m
Slide 4: Business performance
Business performance ▪ Order backlog amounts above €4.0 bn as of March 2025, comprising opportunities providing high revenues visibility in the medium and long term. ▪ Talgo, in line with its vocation as a leading company in railway innovation, continues to carry out pioneering developments worldwid
Slide 5: Key financial figures
Key financial figures Revenues (€m) EBITDA (€m) and margin (%) 25 166.5 154.2 20.1 20 15 13.6 12.0% 10 8.8% 5 0 Q1-2024 Q1-2025 Q1-2024 Q1-2025 EBITDA EBITDA margin ▪ Revenues reflect the current phase of the projects, implying high level of industrial activity despite minor variations recorded on a
Slide 6: Outlook FY-2025
Outlook FY-2025 Current Outlook Outlook update FY-2025 – Guidance “on hold” Reason for the change: Profitability ✓ EBITDA: c. 11% o Need to reassess estimates with updated information of the main projects once current negotiation processes are completed. Impact on business: ✓ Working Capital: Partia
Slide 7: Thank you
Thank you More information: Paseo del tren Talgo, 2 28290 Las Matas - Madrid T (+34) 91 631 38 00 investors@talgo.com investors@talgo.com talgo.com Source: Company 7