Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — H1 2025 Earnings Presentation
37 slides from Manitou Bf Sa's earnings presentation, Jul 30, 2025
Slide 1: 2025 Half-Year Results
2025 Half-Year Results Michel Denis - President and CEO Céline Brard - Chief Financial Officer 2025 Half-year results - July 30, 2025
Slide 2: Disclaimer
Disclaimer This presentation includes only summary information and does not in any way purport to be comprehensive. None of the Company or any of its affiliates, directors, officers, advisors and employees accepts any obligation, liability, claim or remedy for any loss arising from any use of these pres
Slide 3: Group's Life, H1 2025 Activity, Financial Results, 2025 Outlook
3 Group’s Life H1 2025 Financial Results 2025 Outlook Activity 2025 Half-year results - July 30, 2025
Slide 4: Manitou Group's mission
As a worldwide reference in handling, access platforms and earthmoving, Manitou Group's mission is to improve working conditions, safety and performance throughout the world, while protecting people and their environment.
Slide 5: Group's life
5 Group’s life 2025 Half-year results - July 30, 2025
Slide 6: Key facts - corporate
Key facts - corporate * » Presentation of the new strategic roadmap “LIFT” for 2030 » To consolidate its global leadership and provide its customers with distinctive solutions, by engaging its employees and partners in innovation, focusing on solutions with a positive societal and environmental impa
Slide 7: CSR Objectives
CSR Objectives The entire LIFT project has been built with CSR stakes in mind. In November 2025, at the 5th edition of our CSR event “On The Way Up”, we will present Manitou Group's CSR roadmap 2026-2030. 7 2025 Half-year results - July 30, 2025
Slide 8: Key facts - Product & innovation
Key facts - Product & innovation * » Launch of two new electric telehandlers at the BAUMA trade show in Munich » Two models with a reach of 14 m and 18 m with a load capacity of 4 tons » Models equipped with lithium-ion batteries, expanding the range of electric machines 2025 Half-year results - Jul
Slide 9: Key facts - Product & innovation
Key facts - Product & innovation * » Presentation of a new rotating telehandler at Bauma » The highest lifting height in the range, at 40 m for a capacity of 7 t » Allows the group to expand its range of rotating machines 2025 Half-year results - July 30, 2025
Slide 10: Key facts - Product & innovation
Key facts - Product & innovation * » Presentation of a second hydrogen prototype at Bauma » An electric rotating telehandler with a lifting height of 22 m and a capacity of 6 t » A hydrogen-powered range extender operating with a fuel cell 2025 Half-year results - July 30, 2025
Slide 11: Key facts - Product & innovation
Key facts - Product & innovation » Delivery of first 100% electric telehandlers for the construction market, equipped with Manitou batteries » As part of Manitou Group's transition strategy towards more sustainable handling solutions » Model equipped with electric batteries developed in-house by its
Slide 12: Key facts - Product & innovation
Key facts - Product & innovation » On-site testing of the retrofit telehandler prototype » In partnership with the Kiloutou group » Six months of testing on three construction sites to validate the industrialization of electrification kits » A sustainable and circular transition solution with a 40% re
Slide 13: Key facts - Awards
Key facts - Awards * » The “Vehicle Technology and Innovation” prize was awarded to the retrofitted telehandler at the Drive to Zero trade show » An award recognizing innovative ideas that are shaping the future of carbon-free mobility » An initiative described by the jury as “excellent and respondin
Slide 14: Key facts - Acquisitions
Key facts - Acquisitions * » Acquisition of Sitia’s robotics activity » In line with the new LIFT roadmap » With a view to making robotization a key area of innovation by acquiring recognized skills in this field 2025 Half-year results - July 30, 2025
Slide 15: Key facts - Joint venture
Key facts - Joint venture * » Announcement of the creation of a joint venture for the manufacture and distribution of batteries » Signing of an agreement with its long-standing partner Hangcha » Lithium-ion batteries for industrial vehicles 2025 Half-year results - July 30, 2025
Slide 16: H1 2025 Activity
Me y __-H1 2025 Activity MANITDY
Slide 17: Highlights
Highlights » H1 25 Net sales of €m 1,275, -9.4% vs. H1 24, -9.1% like for like(1) » Q2 25 revenues of €m 675, -6.5% vs. Q2 24 » Q2 25 order intake on equipment of €m 450 vs. €m 86 in Q2 24 » End of Q2 25 order book(2) on equipment at €m 1,045 vs. €m 1,344 in Q2 24 » Recurring operating income at €m
Slide 18: Q2 2025 Revenue
Q2 2025 Revenue S&S: Services and Solutions Faster-growing boxes (vs.avg) 18 2025 Half-year results - July 30, 2025
Slide 19: Evolution Q2 2025 vs Q2 2024
Evolution Q2 2025 vs Q2 2024 19 2025 Half-year results - July 30, 2025
Slide 20: H1 2025 Revenue
H1 2025 Revenue S&S: Services and Solutions Faster-growing boxes (vs.avg) 20 2025 Half-year results - July 30, 2025
Slide 21: Evolution H1 2025 vs H1 2024
Evolution H1 2025 vs H1 2024 21 2025 Half-year results - July 30, 2025
Slide 22: Evolution vs 2024
Evolution vs 2024 * at constant scope and exchange rate 22 2025 Half-year results - July 30, 2025
Slide 23: Order intake and order book on equipment
Order intake and order book on equipment (€m) The order book represents approximately 6 months of activity. 23 2025 Half-year results - July 30, 2025
Slide 24: Product Division
Product Division Advantages - Increase in order intake - Increasing market shares - Inventory reduction - Continued investment plans - Electrification of the product range Drawbacks - Expected decline in activity - Pressure on selling prices - Market wait-and-see approach, including rental companies
Slide 25: S&S Division
S&S Division Advantages - Improving activity - Growth in parts, accessories, and services activities Drawbacks - Competitive pressure » Good resilience with increasing activity and profitability 25 2025 Half-year results - July 30, 2025
Slide 26: Financial Results
Financial Results MANITOU GROUP
Slide 27: Income Statement
Income Statement 27 2025 Half-year results - July 30, 2025
Slide 28: Income Statement by Division
Income Statement by Division 28 2025 Half-year results - July 30, 2025
Slide 29: Recurring Operating Profit Evolution vs Y-1
Recurring Operating Profit Evolution vs Y-1 29 2025 Half-year results - July 30, 2025
Slide 30: Balance Sheet
Balance Sheet 30 2025 Half-year results - July 30, 2025
Slide 31: Cash-flow
Cash-flow 31 2025 Half-year results - July 30, 2025
Slide 32: Investments
Investments 61.5 62.6 32 2025 Half-year results - July 30, 2025
Slide 33: Net Debt
Net Debt 33 2025 Half-year results - July 30, 2025 EBITDA: Earnings before interest, taxes, depreciation, and amortization, restated from IFRS 16 impacts
Slide 34: 2025 Outlook
Me y 2025 Outlook MANITDY
Slide 35: Outlook
Outlook Confirmation of an anticipation of stable 2025 revenue compared to 2024 and a recurring operating profit margin of approximately 5.5% of revenue for 2025. However, the recent U.S. tariff announcement could lead to significant and difficult-to-anticipate market changes. 35 2025 Half-year results -
Slide 36: Definitions
Definitions Like for like, so at constant scope and exchange rates: » Scope: » no company acquisitions in 2024 and 2025 that could result in restatement for the published period ; » no company exited the scope in 2024 and 2025. » Application of the exchange rate of the previous year on the aggregates
Slide 37: Thank You
THANK YOU MANITOU | © iy motion