Slide 1: FY25 Investor Presentation
Mpac Group plc FY25 Investor Presentation A year of consolidation, margin growth and integration of CSi and BCA Creating faster, more efficient automation and packaging systems
Slide 2: Agenda
Agenda 03 About Mpac 13 2025 Results 18 Ambition & Strategy 20 Summary & Outlook 22 Appendices 2 Mpac Group plc 2025 Full Year Results
Slide 3: About Mpac
About Mpac 3 Mpac Group plc 2025 Full Year Results
Slide 4: Presentation team
Presentation team “The Group delivered full year performance in line with revised “The Group delivered record market expectations, despite the revenue of £174.1m and backdrop of macroeconomic underlying operating profit of uncertainty and geopolitical unrest. £18.1m, equating to an increased We have
Slide 5: Mpac: creating & servicing superior automation and packaging machines globally
Mpac: creating & servicing superior automation and packaging machines globally Engineering led original equipment (OE) manufacturing combined with compelling service offerings Sales by Sector (%) El Marques Mississauga Boston Tadcaster Wijchen Raamsdo Cluj Kuala Singapore Queretaro (MX) (CA) (US) (U
Slide 6: Mpac: A proven business model, winning customers with long-term retention
Mpac: A proven business model, winning customers with long-term retention We channel limitless ingenuity to create and optimise whole line manufacturing ecosystems. Our world-class productivity helps our clients achieve more with less. Consult Early customer engagement and buy-in using Mpac’s extens
Slide 7: Mpac: operating in highly attractive markets with significant growth opportunities
Mpac: operating in highly attractive markets with significant growth opportunities Attractive Market Growth Opportunities Product category Solutions Market value Huge Significant opportunities addressable for growth market Packaging Machinery > Personal healthcare $60.4bn* Competition Acquisition an
Slide 8: Mpac: an attractive investment proposition
Mpac: an attractive investment proposition to achieve a 5 year growth strategy Growth opportunities High quality earnings > F&B and Healthcare markets offer compelling growth opportunities, > Expanding project pipeline with increasingly diverse customer base growing at +4% pa globally over the mid-t
Slide 9: Mpac: successfully broadening our strategic key accounts
Mpac: successfully broadening our strategic key accounts 135 OE orders won with 83 different customers 28% By value, 28% OE orders won with new customers £15m New customers included £15m of orders with 7 new strategic accounts 9 Mpac Group plc 2025 Full Year Results
Slide 10: Synergy – Ostro build in Romania
Synergy – Ostro build in Romania: New production model for the Langen OSTRO cartoner • Technical leadership led by proven OSTRO platform engineer who has successfully delivered three OSTRO machines to customers • Knowledge transfer initiated with Romanian engineers during the final assembly of a pre
Slide 11: Full line solution
Full line solution The first order for a turnkey full-line solution for bagged breakfast cereals, from consultation to installation and monitoring with whole life service to follow • First fully integrated system including cartoning, case packing, palletising and autonomous mobile robot (“AMR”) tran
Slide 12: Malaysia Engineering Hub
Malaysia Engineering Hub • Expanding global engineering capacity with scalable engineering resource and improved responsiveness to our multi-national customers • Access to engineering capacity at a competitive labour rate in a region which has a strong pool of engineering and technical talent • Enha
Slide 13: 2025 results
2025 results 13 Mpac Group plc 2025 Full Year Results
Slide 14: Financial review: 2025 full year highlights
Financial review: 2025 full year highlights £150.9m £174.1m £90.0m 36.3% Order intake Revenue Order book Gross profit margin +26.1% (2024: £119.7m) +42.2% (2024: £122.4m) -24.1% (2024: £118.5m) +6.2pp (2024: 30.1%) £13.5m 35.9p £47.9m £13.5m Underlying profit before tax Underlying EPS Net Debt Worki
Slide 15: Financial review: Group Income Statement (£m)
Financial review: Group Income Statement (£m) For the period to 31 December 2025 40.0 OE revenue (£m) Service revenue (£m) 10.8 35.0 30.0 40.3 133.8 15.5 31.8 31.2 91.2 25.0 82.4 23.1 74.1 74.6 20.2 -15.5 20.0 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 -4.5 15.0 13.5 31.12.2025 31.12.2024 -3.
Slide 16: Financial review: Balance Sheet
Financial review: Balance Sheet For the period to 31 December 2025 31.12.2025 31.12.2024 Commentary (£m) (£m) Change > Non-current assets include £108.4m of Intangible Non-current assets 134.3 178.1 -25% assets, £14.8m of Tangible fixed assets, £7.6m of Pension assets and a £3.5m Deferred tax asset
Slide 17: Financial review: 2025 Full Year Cash Bridge (£m)
Financial review: 2025 Full Year Cash Bridge (£m) For the period to 31 December 2025 45.0 Commentary 22.3 > The timing of significant prospects results in an increase in 40.0 working capital. 35.0 > CapEx includes £4.1m of capitalised product development and £0.3m of investments in tangible fixed as
Slide 18: Ambition & Strategy
Ambition & Strategy 18 Mpac Group plc 2025 Full Year Results
Slide 19: Mpac: progress on Group strategy 2025
Mpac: progress on Group strategy 2025 Going for growth Outstanding customer service > Prospect pipeline continues to fill at a rate exceeding the > Consolidation of US Service operation following the acquisition of BCA prior year despite lower order intake > Growth opportunity from enlarged combined
Slide 20: Summary & Outlook
Summary & Outlook 20 Mpac Group plc 2025 Full Year Results
Slide 21: Summary 2025 and Outlook
Summary 2025 and Outlook 2025 Highlights 2026 Outlook > Order intake stabilised in H2 after customer confidence impacted by tariff > In line with full year market expectations, which, as in previous years, will be uncertainty in H1 second half weighted, but it is difficult to predict the timing of c
Slide 22: Appendices
Appendices 22 Mpac Group plc 2025 Full Year Results
Slide 23: Financial review: Group income statement
Financial review: Group income statement For the year to 31 December 2025 2025 2024 (£m) (£m) Change Commentary Revenue 174.1 122.4 42.2% > OE revenue growth driven by the Food & Beverage sector within EMEA and the Americas following the first full year – Original Equipment 133.8 91.2 46.7% of tradi
Slide 24: Financial review: Group Balance Sheet (£m)
Financial review: Group Balance Sheet (£m) For the year to 31 December 2025 Inventory (£m) Working Capital (£m) 200.0 178.1 150.0 134.3 13.5 15.9 16.6 16.2 108.0 94.3 100.0 87.3 9.6 10.2 75.3 5.7 50.0 0.4 HY24 FY24 HY25 FY25 HY24 FY24 HY25 FY25 - Net pension asset (£m) Net Current (liabilities)/Asse
Slide 25: Financial review: Net debt
Financial review: Net debt For the year to 31 December 2025 2025 2024 (£m) (£m) Commentary Cash 9.6 18.2 > The RCF and the Term Loan are committed facilities until September 2027. The Term Loan amortises at £1m per Bank debt quarter. - Revolving Credit Facility (“RCF”) 34.6 34.9 > The overdraft is o
Slide 26: 2025 Pension scheme
2025 Pension scheme UK Pension Scheme – IAS19 surplus (£m) UK scheme 350.0 > Scheme buy-in completed with Aviva in June 2025, securing the benefits of the scheme and de-risking the company, whilst reducing the reported surplus. 300.0 > Work continues to transition the scheme to buy-out, including da
Slide 27: Appendices: Summary Share Register
Appendices: Summary Share Register For the year to 31 December 2025 Shares held % held Schroder Investment Management 4,200,000 14.0% Fidelity International 2,271,851 7.6% Charles Stanley 1,918,673 6.4% Interactive Investor (EO) 1,834,356 6.1% Hargreaves Lansdown, stockbrokers (EO) 1,705,475 5.7% Br
Slide 28: We create faster, more efficient automation and packaging systems
Mpac Group plc Unit 2 Argosy Court Coventry CV3 4GA Tel: +44 (0)2476 421100 Email: ho@mpac-group.com mpac-group.com We create faster, more efficient automation and packaging systems