Emeis · EURONEXT:EMEIS
Emeis — Q1 2026 Earnings Presentation
11 slides from Emeis's earnings presentation, May 2026
Slide 1: Q1-2026 Sales
Q1-2026 SALES emeis MAY 2025
Slide 2: Continued positive momentum in occupancy rates
Continued positive momentum in occupancy rates Driving an upward trend in all markets (+2.1pts in 12 months ) Average occupancy rate 89,1% Recovery is not fading out Average occupancy rates 88,0% still improving in Q1 87,0% 86,2% +2.1 pts vs. Q1 2025 (to 89.1% from 87.0%) 85,0% 83,8% +4.1 pts vs. Q1
Slide 3: Occupancy rates on an upward trend everywhere
Occupancy rates on an upward trend everywhere +2.1 pts to 89.1% in Q1 - 26 (87.0% in Q1 - 25, 85.0% in Q1 - 24) A positive mometum still going on: occupancy rates continue to improve significantly … although still below normative levels targeted by the Group. Given process on going for non core acti
Slide 4: Nursing homes' positive momentum still going on
Nursing homes’ positive momentum still going on Strong momentum in Germany and France Occupancy rates - France & Germany Occupancy rate France per quarter (Nursing homes - organic perimeter) 87,1% 88,5% +1,2pt due to adjustment on capacity +3,6pts 85,6% 87,2% +2,4pts 83,6% 83,8% 83,8% 85,1% +1,8pt 8
Slide 5: Outperformance in revenue growth
Outperformance in revenue growth given strong price effect and occupancy rate recovery In €m +11 +54 -28 +3 +23 Positive drivers supporting organic growth at the Group level Organic growth +6.3% Price effect +3.9% 1 509 Occupancy rate +4.4% 1 445 yoy + 1.7% Openings (2024 & 2025) + 0 .7% Q1 2025 Occ
Slide 6: Revenue up across all of the Group's business segments
Revenue up across all of the Group's business segments Strong momentum on Nursing Homes • Supported by a material increase in occupancy rates 2/3 of total Group (+2.3pts) in Q1, following an already strong momentum revenue seen in 2025 and 2024 … • … combined with positive price effect , and an Nurs
Slide 7: Revenue up in all geographies
Revenue up in all geographies +4.8% organic growth in France +7.3% on international markets * France Northern Europe Central Europe Southern Europe (Germany, Belgium , Netherlands , Luxemburg, ( Austria , Switzerland , Poland , Slovenia , (Spain, Italy , Portugal) UL & Ireland ) Croatia ) French Cli
Slide 8: Disposals: €815m cashed in during Q1 2026, and €191m to be finalized ahead
Disposals : €815m cashed in during Q1 2026, and €191m to be finalized ahead 1 c. €24m new deals signed in Q1- 26 €1bn cashed in during Q1 26, or secured at €54m property disposals closed during end of march … Q1- 2026 others 4% €191m to be €54m Cashed in finalized in the Belgium cashed in during Q1
Slide 9: Fueling confidence for 2026 & beyond: Guidance confirmed
Fueling confidence for 2026 & beyond Guidance confirmed Positive momentum to be Guidance 2026 + continued ahead Revenue EBITDAR growth CAGR 2024 - 2028 in 2026 >+10% (constant perimeter *) +4% to +5% (constant perimeter *) EBITDAR CAGR 2024 - EBITDAR 2026 CAGR 2024 - 2028 i.e >+15% (constant perimet
Slide 10: Disclaimer
This document contains forward - looking statements that involve risks and uncertainties, including information incorporated by reference, regarding the Group’s expected growth DISCLAIMER and profitability in the future that may significantly impact the expected performance indicated in the forward
Slide 11: Real Estate disposals achieved on collateral perimeter 1-2 & 3 in 2026
Real Estate disposals achieved on collateral perimeter 1- 2 & 3 in 2026 Transaction price excl. Transaction From end 2025 to 31/03 Asset Location Duties date GAV end 2025* Debt associated Tranche 1 & 2 15 12 0,4 MAZDA 2 Netherlands 5 févr-26 3 T'Bisschoppenhofje Belgium 3 mars-26 0 0,4 Alverca Portu