21 slides from Construcciones Y Auxiliar De Ferrocarriles's earnings presentation, May 8, 2025
Slide 1: Results First Quarter 2025
RESULTS FIRST QUARTER 2025 www.cafmobility.com 8 May 2025
Slide 2: Legal Notice
LEGAL NOTICE THIS DOCUMENT HAS BEEN PREPARED FOR INFORMATION PURPOSES ONLY The information contained in this document has not Therefore, under no circumstances should it be Any decision made by third parties as a result of the been verified by independent third parties; construed as advice or recomm
Slide 3: Contents
www.cafmobility.com CONTENTS 1/ Q1 2025 HIGHLIGHTS 2/ FINANCIAL INFORMATION 3/ OUTLOOK 4/ APPENDICES TRUST IN MOTION 3 3
Slide 4: Q1 2025 Highlights
1/ Q1 2025 HIGHLIGHTS cafmobility.com 4
Slide 5: Year off to a strong start and consistent with forecast
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.1 KEY FIGURES YEAR OFF TO A STRONG START AND CONSISTENT WITH FORECAST Order intake Backlog Revenue / Strong order intake at the start of €15,603m the year €2,026m €1,118m +356% +6% +11% vs Q1 2024 vs. 31/12/2024 vs Q1 20
Slide 6: Low CAF exposure to the United States
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.1 KEY FIGURES LOW CAF EXPOSURE TO THE UNITED STATES / The tariff scenario does not affect the focus of the 2026 Strategic Plan Low exposure of the backlog and Contractual protection mechanisms CAF reaffirms the focus of
Slide 7: Solaris secures first contract in Canada, a target market for the 2026 Strategic Plan
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.2 MILESTONES REACHED SOLARIS SECURES FIRST CONTRACT IN CANADA, A TARGET MARKET FOR THE 2026 STRATEGIC PLAN / Solaris has secured a high-volume contract with the City of Vancouver for the supply of trolleybuses The value
Slide 8: Excellent order intake at the start of the year
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.3 ORDER INTAKE EXCELLENT ORDER INTAKE AT THE START OF THE YEAR FOLLOWING CONFIRMATION OF RELEVANT PROJECTS IN BOTH SEGMENTS TOTAL (€m) ORDER INTAKE DISTRIBUTION BY ACTIVITY LINE (%) / Major contracts won with a selective
Slide 9: Excellent order intake: main orders announced and signed in Q1 2025
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.3 ORDER INTAKE EXCELLENT ORDER INTAKE AT THE START OF THE YEAR FOLLOWING CONFIRMATION OF RELEVANT PROJECTS IN BOTH SEGMENTS / Main orders announced and signed in Q1 2025 INTERCITY TRAINS MAINTENANCE SERVICES TRAMS FOR TO
Slide 10: Order backlog reached a new record, exceeding €15,000m
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.4 ORDER BACKLOG THE ORDER BACKLOG REACHED A NEW RECORD LEVEL, EXCEEDING €15,000M FOR THE FIRST TIME AND EXTENSIVELY TOTAL (€m) / 6% growth of the backlog driven by high order intake. Increase % Buses Railway / This backl
Slide 11: Financial Information
2/ FINANCIAL INFORMATION www.cafmobility.com 11
Slide 12: Positive evolution of all variables of the income statement
1. H1 2024 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS POSITIVE EVOLUTION OF ALL VARIABLES OF THE INCOME STATEMENT / The EBIT is up 21% to €57m in the first quarter of the year Var. Q1 2025/Q1 / Operational and financial (EUR millio
Slide 13: Double figure consolidated sales growth driven by both businesses
1. H1 2024 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS DOUBLE FIGURE CONSOLIDATED SALES GROWTH DRIVEN BY THE EXPANSION OF BOTH BUSINESSES / The high order backlog ensures continued growth REVENUE CONSOLIDATED RAILWAY BUSES +11% +7%
Slide 14: Results rising and profitability improving
1. H1 2024 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS RESULTS RISING AND PROFITABILITY IMPROVING, WITH A GRADUAL IMPROVEMENT FORECAST FOR THE YEAR RESULTS EBIT (€m) and EBIT margin (%) NET RESULTS AFTER MINORITY INTERESTS (€m) / Gr
Slide 15: Outlook
3/ OUTLOOK www.cafmobility.com 15
Slide 16: We expect 2025 to bring growth, profitability improvement and financial strength
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 3. OUTLOOK WE EXPECT 2025 TO BRING GROWTH, PROFITABILITY IMPROVEMENT AND FINANCIAL STRENGTH / Despite the unstable context, CAF upholds prospects for year 2025 20251 Book-to-bill Revenue EBIT / Net profit ≥1 Near double-di
Slide 17: Appendices
4/ APPENDICES www.cafmobility.com 17
Slide 18: Breakdown of Order Intake
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 4.1 BREAKDOWN OF ORDER INTAKE / Contracts announced and included in the order backlog in the period from January - March 2025 DATE PROJECT COUNTRY BUSINESS/ACTIVITY DESCRIPTION TYPE CUSTOMER ADDITIONAL OPTIONS AMOUNT (excl
Slide 19: Agenda
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 4.2 AGENDA Conferences and Roadshows Publication of Results General Shareholders’ Meeting • 20 May 2025 • 14 June 2025 Nice Conference Bernstein (Nice) CAF Annual General Meeting Held • 27 May 2025 • 28 July 2025 ESG Confe
Slide 20: Alternative Performance Measures (APMs)
1. Q1 2025 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 4.3 ALTERNATIVE PERFORMANCE MEASURES (APMs) In addition to the financial information The breakdown of all APMs used in this prepared in accordance with the generally document, as well as their definition and, accepted acco
Slide 21: Trust in Motion
www.cafmobility.com TRUST IN MOTION