Waterco Limited · ASX:WAT
Waterco — FY2026 Earnings Presentation
33 slides from Waterco's earnings presentation, Aug 28, 2026
Slide 1: FY2026 Results Presentation
FY2026 Results Presentation ASX:WAT www.waterco.com.au 28 August 2026
Slide 2: Disclaimer
Disclaimer Important notices The material in this presentation is general background information about Waterco Limited (ABN 62 002 070 733) (Waterco or the Company). Summary information This Presentation contains summary information about Waterco and its activities current as at 28 August 2026. The
Slide 3: Contents
Contents 01 FY26 Results Highlights 05 Growth Strategy FY26 Results Outlook 02 Overview 06 03 FY26 Financial Summary 07 Appendix Company 04 Overview 3
Slide 4: FY26 Results Highlights
FY26 Results Highlights 01 4
Slide 5: Financial Highlights
Financial Highlights Improved earnings and margins on a steady sales base, with further margin progress the priority ahead. Sales Underlying¹ Statutory Statutory Revenue EBIT EBIT NPAT up 1% to $253.0m up 20% to $24.8m up 42% to $23.8m up 59% to $15.4m Statutory Revenue EBIT FY26 Total EPS Growth Gr
Slide 6: Full Year Results ending 30 June 2026
Full Year Results ending 30 June 2026 Results Summary¹ Key Highlights Financial Period Ended ($ million) FY26 FY25 % Change • Sales revenue grew 1% to $253.0 million. Operating revenue 259.3 254.9 2% Sales revenue 253.0 249.4 1% • ANZ sales down 3% on supply chain realignment; North America and Unde
Slide 7: Operational Highlights
Operational Highlights Strategic Insourcing Product Development Malaysian insourcing of strategic plastic Electrochlor GEN2 and the OPTI inline components lifted Group margins, with chlorine sensor extend connected the supply chain migration secured and water management, alongside land acquired for
Slide 8: Delivering on the Reset: FY25 actions, FY26 outcomes
Delivering on the Reset FY25 actions, FY26 outcomes FY25 set out the actions to rebase the Group and the priorities for FY26. Each is reported against below. Treasury and FX clean-up • Foreign exchange losses reduced from $2.5 million to $1.0 million Davey cost base reset • Warehouse consolidation l
Slide 9: FY26 Results Overview
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Slide 10: Group Sales Growth
Group Sales Growth Group Sales by Region Sales Growth by Segment (Region) • Group Sales Performance – Sales rose 1% to $253.0 million as 200.0 international growth offset a softer ANZ result, lifting international 180.0 sales to 24% of the Group from 21%. 160.0 • ANZ – Sales declined 3% to $192.0 mi
Slide 11: Group Performance
Group Performance Group sales, EBIT and ROCE¹ Underlying EBIT and Sales Group ROCE 30.0 220.0 250.0 200.0 14.0% Equity plus net debt / (cash) ($m) 25.0 180.0 200.0 12.0% Underlying EBIT ($m) 160.0 Sales revenue ($m) 20.0 140.0 10.0% 150.0 120.0 15.0 100.0 8.0% 100.0 80.0 10.0 6.0% 60.0 5.0 50.0 40.0
Slide 12: Capital Management
Capital Management Dividend declared (cps) Highlights 20 • Improved shareholder returns – Dividend increased to 20 cents per share fully franked, with $0.7 million returned 15 through the on-market buyback. 13 Total • Balance sheet – Net debt increased $6.5 million to $31.3 8 million, with gearing a
Slide 13: FY26 Financial Summary
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Slide 14: Statement of Profit or Loss
Statement of Profit or Loss Profit or Loss FY26 FY25 Highlights $000 $000 Sales revenue 252,976 249,443 • Revenue – Group revenue up 2% to $259.3 million and sales Other revenue 6,372 5,491 revenue up 1% to $253.0 million. Changes in inventories (3,182) 1,618 Raw materials and consumables used (125,
Slide 15: Statement of Financial Position
Statement of Financial Position Balance Sheet FY26 FY25 Highlights $000 $000 Cash and cash equivalents 20,424 24,522 Trade and other receivables 33,448 33,466 • Stronger balance sheet – Net assets $154.1 million and Inventories 99,227 92,661 net tangible assets $4.31 per share (FY25: $3.94). Other c
Slide 16: Statement of Cash Flows
Statement of Cash Flows Cash Flows FY26 FY25 Highlights $000 $000 Cash Flows from Operating Activities Receipts from customers 275,234 276,800 • Operating cash flow – Decreased to $14.3 million (FY25: Payments to suppliers and employees (252,933) (249,446) $21.1 million) on higher income tax paid th
Slide 17: Company overview
Company overview 04 17
Slide 18: Our Business
Our Business Waterco is a vertically integrated water technology group that designs and manufactures innovative filtration and sanitisation solutions for swimming pools, spas, aquaculture, and water treatment and transfer markets. POOL & SPA TRANSFER (PUMPS) TREATMENT (FILTRATION) • Wide range of pr
Slide 19: Waterco At A Glance
Waterco At A Glance Revenue Growth Recognised for quality manufacturing, technical expertise, and continuous product innovation across • ANZ Leadership – The majority of Group pumps, filtration, and water treatment solutions. revenue is generated in ANZ, supported by a broad and diversified product
Slide 20: Our Brand Strength
Our Brand Strength Waterco Davey Swimart • Waterco's innovative filtration and • Davey is the leading manufacturer of • Established in 1983, Swimart is focused on sanitisation solutions, driven by engineering residential and commercial pumps in making pool care easy, with 71 retail stores strength a
Slide 21: Growth Strategy
Growth Strategy 05 21
Slide 22: Growth Strategy – by Vertical and Region
Growth Strategy – by Vertical and Region POOL & SPA TRANSFER (PUMPS) TREATMENT (FILTRATION) • Swimart to increase franchise footprint • Leverage trusted brands and innovate • Differentiate Waterco's superior with further independent conversions next generation energy efficient products. commercial f
Slide 23: Long-Term Growth
Long-Term Growth Waterco is strategically positioned to generate significant and sustained long-term growth. Tailwinds and Trends Industry Drivers • Energy efficiency regulations • Connected products, product monitoring and maintenance / predictive capabilities • Health and wellness awareness • Recy
Slide 24: Our Competitive Advantages
Our Competitive Advantages Largest Australian-owned manufacturer of water transfer and water treatment products – combination of the best filters and the best pumps, with the best technology. Manufacturing Expertise Market Leadership Product Mix Vertical Integration Proprietary Technology • Leading
Slide 25: Outlook
Outlook 06 25
Slide 26: Key trends shaping the industry present exciting opportunities
Key trends shaping the industry present exciting opportunities Water scarcity Energy efficiency Smaller, better quality Connected products Home & health • Demand for fresh water • Increased energy efficiency • Smaller pools in smaller • Demand for smart, • Increased health increasing, supply at risk
Slide 27: FY27 Outlook and beyond
FY27 Outlook and beyond Margin and Earnings Focus Investment and Capacity • Lifting the EBIT to sales ratio through closer management of sales • New products and distribution platforms rolling out across the Group growth and margins • Malaysian capacity expansion progressing, with greater supply cha
Slide 28: Appendix
Appendix 07 28
Slide 29: Key Metrics and Definitions
Key Metrics and Definitions Reconciliation to FY26 reported earnings Group definitions Metric ($ million) FY26 FY25 % Change EBITDA Reported EBIT adding back depreciation, impairment and EBIT 23.8 16.7 42% amortisation expense. NPBT 19.5 12.2 60% Foreign exchange FY25 included translation losses on
Slide 30: Global Presence
1. CANADA Longueuil, Sales and Distribution. Global Presence 2. USA Augusta, Warehousing, Sales and Distribution. 3. UK Kent, Warehousing, Sales and Distribution. 4. MALAYSIA Kuala Lumpur Research and Development, Manufacturing, Warehousing, Sales and Distribution. 3 1 5. SINGAPORE 10 Sales and Dist
Slide 31: Sustainability and ESG
Sustainability and ESG Sustainability and ESG Climate Care Certified Opportunity Waterco continues to grow its Sustainability efforts and commitment to ESG. The Climate Care Certification Program is an initiative of the Swimming Pool & Spa Association of Australia Ltd (SPASA Australia). In its manuf
Slide 32: Summary
Summary Leading Company Competitive Advantages Largest Australian-owned (ASX listed) Manufacturing powerhouse with strong manufacturer of water transfer and water brands, product diversification, vertically treatment products with an extensive ANZ integrated operations and a focus on network and a g
Slide 33: Head Office Investor Enquiries
Head Office 36 South Street, Rydalmere, NSW 2116 Australia +61 2 9898 8600 Investor Enquiries: Waterco companysecretary@waterco.com Innovera Partners info@innoverapartners.com