Slide 1: Earnings Release FY 2025
EARNINGS RELEASE FY 2025 March 31, 2026
Slide 2: Executing realignment in a competitive market
EXECUTING REALIGNMENT IN A COMPETITIVE MARKET FY25 reflects operational reset and external pressure KEY FINANCIAL INDICATORS SELECTED HIGHLIGHTS 1.002,1m Revenues (EUR 1.082,1m in 2024) − Revenue in line with guidance 27,3m Adjusted EBITDA in EUR (EUR 28,4m in 2024) − Profitability materially below
Slide 3: End-customer demand remained healthy
END-CUSTOMER DEMAND REMAINED HEALTHY KT AG market share largely stable EUROPE – RV MARKET REGISTRATIONS BY SEGMENT EUROPE – KT AG MARKET SHARES (%) in 1000 units 300 25/24 Change (%) 260 250 218 220 18,7 209 215 -2,3% 17,7 200 181 150 147 160 146 161 +0,6% 8,6 8,2 100 50 79 71 63 60 54 -10,0% 0 2021
Slide 4: Active steering of revenue and inventory
ACTIVE STEERING OF REVENUE AND INVENTORY Deliberate reduction of production to restore system balance REVENUE & ORDERBOOK INVENTORY – FINISHED & SELECTED NOTES In EUR mill. UNFINISHED GOODS ORDERBOOK 1.306 1.342 946 480 454 in EUR mill. − Production in 2025 intentionally reduced to align with end-cu
Slide 5: Cost and capacity reset
COST AND CAPACITY RESET Measures across personnel and operations GROUP PERSONNEL(1) OTHER OPERATING SELECTED NOTES In #s EXPENSES In EUR mill. and in % of Revenues − Personnel capacities 5.000,0 20,0% 160,0 149,2 reduced throughout 2025 4.500,0 4.215 18,0% 140,0 to align with expected 3.986 4.000,0
Slide 6: Group profitability
GROUP PROFITABILITY Price pressure, supply and operational impacts ADJ. EBITDA & EBITDA MARGIN RECONCILIATION EBITDA (REPORTED -> ADJUSTED) In EUR mill. In EUR mill. / % of revenue ADJUSTMENTS 8,6% 9,0% 140,0 0,7 27,3 8,0% 2,1 123,8 7,0% 3,4 120,0 7,0% 21,1 100,0 6,7% 6,0% 5,0% 80,0 70,1 60,7 4,0% 6
Slide 7: Balance sheet and cash flow
BALANCE SHEET AND CASH FLOW Working capital and capex reduction as key positive drivers INVENTORIES CASHFLOW In EUR mill. Operating CF: Investing CF: Financing CF: EUR +54,6 mill. 30,9 EUR -8,5 mill. EUR -50 mill. 284 168 -8,5 2024 2025 60,5 -18,0 TRADE RECEIVABLES In EUR mill. 48 46 -32,0 -3,9 2024
Slide 8: Path to improved profitability
PATH TO IMPROVED PROFITABILITY Selected initiatives and assumptions SELECTED INTERNAL INITIATIVES − Continuing adaptation of the product portfolio to customer trends − Continuation of cost measures across Opex, Personnel, Purchasing − Supply chain management to navigate possible market challenges −
Slide 9: Strengthened senior management team
STRENGTHENED SENIOR MANAGEMENT TEAM Committed to strategic realignment WIM DE PUNDERT RADIM SEVCIK KARIN TOPISCH MATJAŽ GRM THOMAS NICKEL CEO CFO COO CSO CTO Execution in 2026 to be led by a strengthened management team
Slide 10: Disclaimer
DISCLAIMER This presentation is for information purposes only and contains forward-looking statements. The information is current at the time of the presentation and is subject to change without notice. No reliance may be placed for any purpose on the accuracy, completeness or fairness of the inform