Orior Ag · SIX:ORON
Orior — H1 2026 Earnings Presentation
23 slides from Orior's earnings presentation, Aug 25, 2026
Slide 1: ORIOR Group Half Year Results 2026
ORIOR Group Half Year Results 2026 Analyst and Media Briefing | 25 August 2026
Slide 2: Agenda
HALF-YEAR RESULTS 2026 | ORIOR GROUP Agenda 01 ORIOR‘s Strategic Direction 2032 Monika Friedli-Walser, Delegate of the Board of Directors 02 H1 Key Figures Sacha D. Gerber, Group CFO 03 ORIOR segments 04 Outlook for FY2026 2
Slide 3: Why a New Strategy?
Why a New Strategy? A shared compass for all decisions through 2032. 03
Slide 4: Where we're headed. What we're built on.
HALF-YEAR RESULTS 2026 | ORIOR GROUP V I S I O N & F O U N D AT I O N Where we‘re headed. What we‘re built on. ORIOR is shaping the future of culinary excellence by making it easily accessible. With strong brands and Private Label, operational excellence, and innovation that enhance enjoyment and we
Slide 5: One Summit. Clear Strategic Priorities.
HALF-YEAR RESULTS 2026 | ORIOR GROUP HOW WE GET THERE One Summit. Clear Strategic Priorities.
Slide 6: Innovation.
HALF-YEAR RESULTS 2026 | ORIOR GROUP FOCUS Innovation. Every innovation meets at least 3 of the 6 criteria. Recipes that create added value Simple, everyday enjoyment Clear market growth Real customer benefits. Easy to use. Proven market potential. Potential to become a Category Captain EBITDA great
Slide 7: Growth.
HALF-YEAR RESULTS 2026 | ORIOR GROUP FOCUS Growth. Six areas where we aim to achieve above-average growth. Filled Pasta Beverages Liquid Food Chicken Plant-based Proteins Ready-made Food
Slide 8: Priorities.
HALF-YEAR RESULTS 2026 | ORIOR GROUP FOCUS Priorities. What guides our everyday decisions. 01 02 Utilisation before expansion Convenience as a growth driver Optimise the use of existing capacity Develop products that make our Before making new investments. customer‘s everyday lives easier. 03 04 Foc
Slide 9: How we measure success.
HALF-YEAR RESULTS 2026 | ORIOR GROUP GOALS 2032 How we measure success. > 7.5% < 3x EBITDA-MARGIN DEPT Grow profitably and sustainably. Net Debt / EBITDA, strong balance sheet. Organic growth Capital return GROWTH VALUE Driven by our own strengths, above market growth. To our shareholders.
Slide 10: ORIOR
ORIOR CULINARY EXCELLENCE v ee ORIOR shapes the future of Culinary Excellence - with strong brands and Private Label, operational excellence as well as innovation for enjoyment and well-being. POSITIONING ‘= Solution provider for Reta ‘and Food Service * To-go offerings at airports STRATEGY 2032 EBI
Slide 11: Agenda
HALF-YEAR RESULTS 2026 | ORIOR GROUP Agenda 01 ORIOR‘s Strategic Direction 2032 Monika Friedli-Walser, Delegate of the Board of Directors 02 H1 Key Figures Sacha D. Gerber, Group CFO 03 ORIOR segments 04 Outlook for FY2026 11
Slide 12: Breakdown of the decline in organic sales
HALF-YEAR RESULTS 2026 | ORIOR GROUP Breakdown of the decline in organic sales Organic: −5.7% −3.4% Factors behind the CHF 17.4 million decline in organic sales −0.3% −2.0% −0.7% −0.7% • CHF −6.3 million in the Swiss business due to the Moesa project • CHF −5.8 million due to the termination of a ma
Slide 13: Convenience segment
HALF-YEAR RESULTS 2026 | ORIOR GROUP Convenience segment Net sales The Convenience segment generated Decline of –1.2% to CHF 97.3 million (organic –1.2%) 34.1% of Group sales. Competence centres: • Fredag: encouraging performance in food service and industry; retail sales affected by competitive and
Slide 14: Refinement segment
HALF-YEAR RESULTS 2026 | ORIOR GROUP Refinement segment Net sales The Refinement segment generated Decline of –11.6% to CHF 110.9 million (organic –9.1%) 35.4% of Group sales. Competence centres: • Rapelli: growth in retail and food service following the takeover of Albert Spiess’s production operat
Slide 15: International segment
HALF-YEAR RESULTS 2026 | ORIOR GROUP International segment Net sales The International segment generated Decline of –6.0% to CHF 89.3 million (organic –6.2%) 30.5% of Group sales. Competence centres: • Culinor Food Group: revenue under pressure following the termination of a major order from a Dutch
Slide 16: Consolidated income statement | Net sales – EBIT
HALF-YEAR RESULTS 2026 | ORIOR GROUP Consolidated income statement | Net sales – EBIT in CHF million Jan – Jun 2026 Jan – Jun 2025 ∆ in % − Gross margin: increase of 181 bps, supported by Net sales 283.3 304.9 –7.1 % lower meat procurement prices Cost of materials/change in inventory –149.9 –166.8 −
Slide 17: Consolidated income statement | EBIT – Net profit
HALF-YEAR RESULTS 2026 | ORIOR GROUP Consolidated income statement | EBIT – Net profit in CHF million Jan – Jun 2026 Jan – Jun 2025 ∆ in % − Financial result: including interest expense, foreign EBIT 7.7 4.1 +88.1 % currency effects, and gains/losses from interest as % of net sales 2.7 % 1.3 % +137
Slide 18: Consolidated Cash Flow Statement
HALF-YEAR RESULTS 2026 | ORIOR GROUP Consolidated Cash Flow Statement in CHF million Jan – Jun 2026 Jan – Jun 2025 ∆ in % Reported EBITDA 18.9 16.3 Taxes paid –0.6 –6.0 − Operating cash flow benefited from higher Other –6.3 –0.7 EBITDA and lower tax payments. These positive effects were offset by an
Slide 19: Consolidated Balance Sheet
HALF-YEAR RESULTS 2026 | ORIOR GROUP Consolidated Balance Sheet in CHF million 30 June 2026 31 December 2025 − Current assets: reduction due to lower Current assets 170.9 54.6 % 178.6 55.8 % receivables Tangible fixed assets 107.6 102.0 − Tangible fixed assets: Higher capital expenditure on property
Slide 20: Guidance 2026
HALF-YEAR RESULTS 2026 | ORIOR GROUP Guidance 2026 Guidance FY 2026 FY 2025 − Disruptions in the Swiss retail market, volatile pork prices and prolonged periods of hot weather have led –6.0 % to –8.0 % Organic sales growth1 (previously: –3.0 % bis –6.0 %) –1.5 % to changes in consumer demand, result
Slide 21: Thank you.
CULINARY EXCELLENCE ~ ocynse CO rene O SS, ceswe exemeec culinor
Slide 22: Share information
HALF-YEAR RESULTS 2026 | ORIOR GROUP Share information Listing SIX Swiss Exchange Ticker symbol ORON Security number 11167736 LEI 50670020I84ZA17K9522 ISIN code CH011 1677 362 UID CHE-113.034.902 Dividend 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Dividend per share in CHF 0.00 0.00
Slide 23: Disclaimer
HALF-YEAR RESULTS 2026 | ORIOR GROUP Disclaimer This presentation is neither a prospectus within the definition of the Swiss Code of Obligations nor a listing prospectus within the definition of the listing rules of SIX Swiss Exchange AG or a prospectus under any other applicable laws. These materia