Slide 1: Earnings Call 4Q 25
EARNINGS CALL 4Q 25 March 12, 2026
Slide 2: Main Results
MAIN RESULTS FY 2025 2024 BUSINESS Revenue 2,483.6 2,300.5 VOLUME Growth +8.0% +8.6% EBITDA 467.6 410.6 PROFITABILITY Margin 18.8% 17.8% Growth +13.9% +16.6% FINANCIAL Cash 571.7 491.7 POSITION NFP 467.6 349.1 EMPLOYEES End of period 16,624 15,667 Growth +6.1% +5.9% DIVIDEND Payment 1.35 1.15 Growth
Slide 3: Segment Results
SEGMENT RESULTS Revenue EBITDA EBIT EBT Employees 2025 EUR mill. YoY EUR mill. YoY EUR mill. YoY EUR mill. YoY # YoY REGION 01 1,594.1 +7.5% 341.2 +16.0% 303.7 +19.2% 299.2 +16.5% 11,356 +7.6% Margin 21.4% +1.6pp 19.1% +1.9pp 18.8% +1.5pp 62.4% | -0.1pp REGION 02 473.6 +0.8% 71.9 +2.2% 53.8 +18.4% 4
Slide 4: Profit & Loss Statement
PROFIT & LOSS STATEMENT 2025 Q4 2025 YoY YoY Revenue 2,483.6 +8.0% Revenue 663.9 +5.2% EBITDA 467.6 +13.9% EBITDA 132.2 -2.2% Margin 18.8% +1.0pp Margin 19.9% -1.5pp EBIT 391.7 +18.5% EBIT 110.6 +4.1% Margin 15.8% +1.4pp Margin 16.7% -0.1pp EBT 369.7 +18.0% EBT 101.6 +4.5% Margin 14.9% +1.3pp Margin
Slide 5: Segment Results
SEGMENT RESULTS Revenue EBITDA EBIT EBT Q4 25 EUR mill. YoY EUR mill. YoY EUR mill. YoY EUR mill. YoY REGION 01 434.0 +5.3% 96.4 +4.8% 86.6 +7.5% 81.3 +6.2% Margin 22.2% -0.1pp 20.0% +0.5pp 18.7% +0.1pp REGION 02 123.6 +0.6% 20.4 -19.8% 15.6 +8.3% 14.4 +21.6% Margin 16.5% -4.2pp 12.6% +0.9% 11.6% +2
Slide 6: Profit & Loss Details
PROFIT & LOSS DETAILS (EUR Thousand) 2025 2024 Delta Revenue 2,483,629 2,300,519 +8.0% Purchases -46,872 -43,350 +1.1% Personnel -1,376,509 -1,266,432 +8.7% Services + other costs -614,607 -542,999 +13.2% Other operating items (- = costs) 21,997 -34,127 -164.5% Operating costs -2,015,992 -1,889,908
Slide 7: Business Lines + Industries FY25
BUSINESS LINES + INDUSTRIES FY25 Proces- Applica- ses tions 244 743 9,8% BUSINESS LINES YOY INDUSTRIES YOY 29,9% 60,3% Telco & HighTech 1,4% Processes -7,1% Media -7,3% Retail & CPG 4,0% Techno- logies Applications Logistics & 18,6% 3,6% 1.497 Transportation Energy & Utilities 11,6% Automotive Healt
Slide 8: Net Financial Position
NET FINANCIAL POSITION DELTA EUR millions 31.12.2025 30.09.2025 31.12.2024 30.09.2025 31.12.2024 Cash + cash equivalents 571.7 524.4 491.7 47.3 80.0 Current financial assets 70.2 72.6 45.8 -2.4 24.5 Due to banks -13.2 -13.7 -19.6 0.5 6.4 Due to other financial providers -0.2 -0.2 -0.1 0.0 -0.1 Finan
Slide 9: Cash Development
CASH DEVELOPMENT FY 2025 7,8 33,3 45,0 59,6 121,3 467,6 45,9 21,6 68,8 571,7 491,7 D YoY +14% -5% -225% +15% +16% +26% -5% +64% -23% Cash EBITDA Interest Working Dividend Financing Taxes paid Capex Financial Investments Cash 31.12.2024 collected Capital investments 31.12.2025 Amounts in EUR millions
Slide 10: www.reply.com
WWW.REPLY.COM &% REPLY