Slide 1: Financial Statements Review 1 January – 31 December 2025
CONSTI PLC FINANCIAL STATEMENTS REVIEW 1 JANUARY – 31 DECEMBER 2025 CEO Esa Korkeela CFO Anders Löfman
Slide 2: Contents
CONTENTS 1. Highlights and Group performance 2. Cash flow and financial position 3. Market outlook, guidance and summary 4. Appendix 1 6 February 2026 Consti Plc / Financial Statements Review 1-12/2025
Slide 3: Highlights of FY 2025 and Q4/2025
Highlights of FY 2025 and Q4/2025 Net sales grew, operating result at a reasonable level NET SALES: EBIT: FREE CASH FLOW: EUR 336.2m EUR EUR 9.4m EUR EUR 16.8m EUR FY 2025 +2.7m FY 2025 +0.3m FY 2025 +6.1m EUR +9.5m Q4/2025 EUR -0.8m Q4/2025 EUR +9.6m Q4/2025 EUR 95.0m EUR 3.9m EUR 10.9m EUR EUR No.
Slide 4: Consti Group's net sales overview 2021–2025
Consti Group’s net sales overview 2021–2025 Strong growth in Housing Companies business area (21.9% y-o-y), diversified customer base an advantage in prevailing market conditions Net sales by business area1 Net sales by geography Net sales by customer group Net sales by project / service 11% 9% 13%
Slide 5: Quarterly performance overview
Quarterly performance overview Q4 net sales grew by 3.0% whereas order intake and order backlog decreased year-on-year QUARTERLY NET SALES (EUR m) QUARTERLY ORDER INTAKE (EUR m) QUARTERLY ORDER BACKLOG (EUR m) FY’23 NET FY’24 NET FY’25 NET FY’23 ORD. FY’24 ORD. FY’25 ORD. SALES: SALES: SALES: INTAKE
Slide 6: Quarterly net sales development
Quarterly net sales development Q4/2025 net sales at a high level and amounted to EUR 95.0m, an increase of 3.0% y-o-y Quarterly net sales development Q1/2023–Q4/2025 (EUR m) Comments 115 ■ Q4/2025 net sales EUR 95.0m (92.3m) – Year-on-year growth 3.0% 92,3 95,0 95 89,9 90,8 – Net sales grew in Publ
Slide 7: Quarterly EBIT development
Quarterly EBIT development Regardless of the prevailing market conditions and intense competition, Consti has managed to maintain a reasonable level of profitability in 2025 Quarterly EBIT development Q1/2023–Q4/2025 (EUR m) Comments ■ Q4/2025 EBIT amounted to EUR 3.9 (3.6) million, FY’23 EBIT: FY’2
Slide 8: Quarterly order intake development
Quarterly order intake development Order intake was EUR 44.3 million in Q4/2025 and EUR 250.7 million in FY 2025 Quarterly order intake development Q1/2023–Q4/2025 (EUR m) Comments ■ Q4/2025 order intake EUR 44.3m (67.2m) 106,5 – Year-on-year change -34.1% 100 – Approximately 2/3 of the order intake
Slide 9: Quarterly order backlog development
Quarterly order backlog development Q4/2025 order backlog was EUR 208.2 million Quarterly order backlog development Q1/2023–Q4/2025 (EUR m) Comments 350 ■ Q4/2025 order backlog at EUR 208.2m (240.1m) – Year-on-year change -13.3% 300 – In relative terms a comparable amount and in 297,9 absolute terms
Slide 10: Number of personnel and other HR KPIs
Number of personnel and other HR KPIs Consti employed 981 (1,012) professionals at quarter-end Average number of personnel Permanent personnel turnover ratio Accident rate / LTIFR Average absence rate (%) 2021–2025 (% of employees leaving) (accidents per million hours worked) White-collar Blue-colla
Slide 11: Contents
CONTENTS 1. Highlights and Group performance 2. Cash flow and financial position 3. Market outlook, guidance and summary 4. Appendix 10 6 February 2026 Consti Plc / Financial Statements Review 1-12/2025
Slide 12: Quarterly free cash flow development
Quarterly free cash flow development Q4/2025 free cash flow EUR 10.9 million (4.8m), a significant improvement year-on-year Quarterly free cash flow1) and EBITDA Q1/2023–Q4/2025 (EUR m) Comments ■ Q4/2025 free cash flow EUR 10.9m (4.8m) 25 – EBITDA amounted to EUR 4.8m (4.6m) – Cash flow impact from
Slide 13: Quarterly balance sheet structure
Quarterly balance sheet structure Excellent financial position at year-end Quarterly net debt development (EUR m) Quarterly equity ratio and gearing development Comments Q1/2023–Q4/2025 Q1/2023–Q4/2025 20 ■ Q4/2025 net debt at EUR -4.9m (2.7m), 100% of which EUR 3.1m (4.1m) attributable to IFRS 16 r
Slide 14: Reported ROI and Consti ROCE
Reported ROI1) and Consti ROCE2) Return on capital continues to be on a good level Reported ROI1) and Consti ROCE2) Q4/2020–Q4/2025 (%) Comments ■ In financial years 2020–2025, Consti’s return on 35,3 % 40% capital employed has exceeded 20% 33,0 % 31,6 % 30,8 % 30,0 % 35% 29,3 % ■ Q4/2025 Consti ROC
Slide 15: Realisation of Consti's long-term financial targets in 2025
Realisation of Consti’s long-term financial targets in 2025 Growth Profitability Cash flow Capital structure Dividends The Company’s aim is to distribute as Net sales growing Cash conversion Net debt to adjusted EBIT-margin dividends at least 50 faster than the ratio exceeding 90 EBITDA ratio of les
Slide 16: Contents
CONTENTS 1. Highlights and Group performance 2. Cash flow and financial position 3. Market outlook, guidance and summary 4. Appendix 15 6 February 2026 Consti Plc / Financial Statements Review 1-12/2025
Slide 17: Construction confidence indicator still at a low level at the end of Q4/2025
Construction confidence indicator still at a low level at the end of Q4/2025 Economic Sentiment and Construction Confidence / Finland (2007–2025) Comments 150 – Economic Sentiment Indicator (ESI) Economic Sentiment Indicator 140 show positive development in 2025 Construction Confidence Indicator ESI
Slide 18: Estimates for construction market growth have been lowered for 2025
Estimates for construction market growth have been lowered for 2025, recovery of the market is slower than expected Finnish new building and renovation market development 2008–2028 (Euroconstruct) Comments EUR b Renovation volume (real) New building volume (real) ■ According to the Euroconstruct’s N
Slide 19: Outlook and guidance for 2026
Outlook and guidance for 2026 Market outlook ■ According to forecasts, the renovation market is estimated to return to moderate growth or stay unchanged. Euroconstruct estimates 0.0 percent change and RT estimates 0.5 percent growth in renovation in 2026. ■ Euroconstruct estimates residential renova
Slide 20: Summary
Summary 1. Net sales grew, operating result at a reasonable level In 2025, projects progressed largely as planned, and profitability from project business was in line with 2. expectations Operating result was negatively impacted by the prolonged downturn in construction, allocation of resources 3. i
Slide 21: Contents
CONTENTS 1. Highlights and Group performance 2. Cash flow and financial position 3. Market outlook, guidance and summary 4. Appendix 20 6 February 2026 Consti Plc / Financial Statements Review 1-12/2025
Slide 22: Consti as an investment
Consti as an investment ■ Stable profitability ■ Aging building stock driving need-based renovation ■ Solid platform for growth ■ Climate change and energy efficiency requirements ■ Asset-light business model with negative working Financial ■ Urbanisation and changes in working methods capital and s
Slide 23: Financial Statements Review 1-12/2025
FINANCIAL STATEMENTS REVIEW 1-12/2025 CONSTI PLC FY 2025 CONSTI PLC VALIMOTIE 16 FI-00380, HELSINKI BUSINESS ID 2203605-05 WWW.CONSTI.FI 22 6 February 2026 Consti Plc / Financial Statements Review 1- 12/2025