Slide 1: Advancing Growth+ – 2025 full year results
Advancing Growth+ 2025 full year results Tuesday 10 March 2026 Presented by Kiet Huynh – Chief Executive Officer Ben Peacock – Chief Financial Officer
Slide 2: Disclaimer
Disclaimer This document has been prepared by Rotork plc (the “Company”) solely for use at the presentation of the Company’s preliminary results announcement in respect of the period ended 31st December 2025 (the “Preliminary Results Announcement”). For the purposes of this disclaimer, “presentation
Slide 3: Agenda
Agenda Highlights 1 Kiet Huynh Financial review 2 Ben Peacock Advancing Growth+ 3 Kiet Huynh Q&A 4 Kiet Huynh, Ben Peacock © 2026 Rotork All Rights Reserved 3
Slide 4: 2025 Growth+ progress
2025 Growth+ progress Growth+ drives good orders, margin expansion and accelerated capital deployment Good OCC1 Higher margins Net cash, Robust safety & order growth and ROCE good cash conversion sustainability metrics Order intake Adj.2 operating margin Closing net cash TRIR +6.0% OCC 1 24.6% £65m
Slide 5: Growth+ initiatives driving growth ahead of our end markets
Growth+ initiatives driving growth ahead of our end markets Target Segments & Rotork Service continue to lead Group growth Including: Target Segments: +8% YoY • Upstream electrification, LNG High return growth above markets • Critical HVAC, mining, marine • Water infrastructure, treatment, alternati
Slide 6: Financial review
Financial review Presented by Ben Peacock - Chief Financial Officer
Slide 7: Growth+ generating good order growth and strong margins
Growth+ generating good order growth and strong margins Financial highlights – Group 2025 2024 % change % OCC1 Key takeaways: Order intake £782.6m £744.3m +5.2% +6.0% • Orders increased +6.0% OCC with all divisions ahead Revenue £777.3m £754.4m +3.0% +3.7% • Revenues +3.7% OCC, good growth in CPI an
Slide 8: Financial highlights – Oil & Gas
Growth in upstream, downstream stable, midstream project delays Financial highlights – Oil & Gas 2025 2024 % change % OCC1 Key takeaways: Revenue £351.2m £355.5m (1.2)% +0.6% • Revenues stable +0.6% OCC Adjusted2 operating profit £97.6m £92.0m +6.0% +9.1% • Good revenue growth in upstream electrific
Slide 9: Financial highlights – Chemical, Process & Industrial
Strong H2 growth in Target Segments ahead of broader end markets Financial highlights – Chemical, Process & Industrial 2025 2024 % change % OCC1 Key takeaways: • FY revenue up +7.0% OCC, Revenue £223.4m £205.0m +9.0% +7.0% strong H2 performance • Strength in speciality chemicals, critical HVAC, mari
Slide 10: Financial highlights – Water & Power
Solid growth in water, power markets continue to recover Financial highlights – Water & Power 2025 2024 % change % OCC1 Key takeaways: • Continued revenue growth, Revenue £202.7m £193.9m +4.5% +6.1% +6.1% OCC • Solid growth in water, good progress in alternative energy, power markets continue Adjust
Slide 11: Adjusted operating profit bridge
Strong profit growth driven by Target Segments, mix and operational efficiencies Adjusted operating profit bridge Key takeaways: £m 205 • Adjusted operating margin 23.6% (30)bps FX +140bps OCC1 24.6% (10)bps Noah +140bps higher on an OCC basis 200 (5.8) • Positive pricing offset inflation. 195 14.4
Slide 12: Business transformation programme on track
Business transformation programme on track Items below adjusted1 operating profit Key takeaways: Adjustments to operating profit (£m) 2025 2024 Business Transformation investment (25.6) (17.2) • Business Transformation costs below guidance. Change in Amortisation of acquired intangibles (3.0) (2.6)
Slide 13: Good cash flow conversion, working capital reflects delivery phasing
Good cash flow conversion, working capital reflects delivery phasing Summary cash flow Key takeaways: £m 2025 2024 • Cash conversion at 101% Net working capital1 208.7 189.1 Net working capital as % of sales 26.8% 25.1% • Working capital investment reflects delivery phasing Cash conversion 101% 119%
Slide 14: Balance sheet remains strong after capital deployment
Balance sheet remains strong after capital deployment Capital allocation and liquidity Key takeaways: £m 2025 2024 • Share buyback spend £60m Net cash at 1 January 125.3 134.4 Free cash flow 106.8 120.0 • Noah acquired for £40m, plus £2m contingent consideration • Finished the period with a net Divi
Slide 15: Further progress expected in 2026
Further progress expected in 2026 Guidance and financial summary 2026 guidance • Currency impact estimated to be neutral • Capex c. £15m • Business Transformation investment c. £25m Summary • Target Segments and Rotork Service to support outperformance of mixed underlying end markets • Expect furthe
Slide 16: Advancing Growth+
Advancing Growth+ Presented by Kiet Huynh - Chief Executive Officer
Slide 17: Growth+ strategy delivering strong financial performance
Growth+ strategy delivering strong financial performance Good growth ahead of our end markets, strong returns and accelerated capital allocation Strong order growth Record revenues Mid-20s margin not a ceiling 6-8% OCC1 growth pa since 2022 8% OCC revenue CAGR since start of 2022 24.6% adj.2 operati
Slide 18: Growth+ leverages attractive business model & structural tailwinds
Growth+ leverages attractive business model & structural tailwinds Driving long-term performance - mid to high single-digit revenue growth and mid-20s margin ambition over time Target Segments (~50% of sales) Using structural trends to outperform markets Strategy to Customer Value Growth+ Increasing
Slide 19: Growth+ actions unlock stronger delivery and greater resilience
Growth+ actions unlock stronger delivery and greater resilience Investment has been focused on strategic pillars funded by operational initiatives Shift from product to Sharpened focus Investment in Funded by Target Segment focus on customers product offering operational efficiency Commercial invest
Slide 20: Strong CPI growth outperforming subdued end markets
Strong CPI growth outperforming subdued end markets Focus on Target Segments with automation, electrification and digitalisation tailwinds CPI Target Segments drive 7% OCC revenue growth in 2025 • Target Segments delivered strong double-digit growth in 2025 CPI Target Segment focus • Core markets re
Slide 21: CPI secures initial data centre server room orders
CPI secures initial data centre server room orders, entering a high growth segment Exciting new data centre opportunities for Noah and Hanbay Current exposure: cooling circuit outside the server room • Primary exposure sits in building cooling circuit outside the server room • Typical data centre us
Slide 22: Power opportunities in traditional and nuclear markets
Power opportunities in traditional and nuclear markets Re-investing in nuclear with attractive runway for growth Current exposure: traditional markets in APAC & EMEA • Power represents ~30% of Water & Power division revenues • 25% Target Segments (alternative energy), 75% core • High exposure to ser
Slide 23: Oil & Gas Target Segment outperformance offset by midstream delays
Oil & Gas Target Segment outperformance offset by midstream delays Focus on upstream and midstream electrification, LNG and downstream brownfield markets Stable Oil & Gas growth in 2025, 0.6% OCC increase • Target Segments delivered good growth in 2025 Oil & Gas Target Segment focus • Upstream Targe
Slide 24: Proactive and focused capital allocation
Proactive and focused capital allocation Accelerated deployment in 2025, non-core disposal, £40m remaining of buyback at year end Capital allocation policy 1 Organic investment – well invested 2 Ordinary dividend – progressive policy • Capex – expected to remain at current levels, based on • Board r
Slide 25: Expect further progress in 2026
Expect further progress in 2026 Momentum in Target Segments and Rotork Service support outperformance of mixed underlying markets Target Segments – continue to grow faster than underlying end markets Rotork Service – significant potential from continued expansion of Service offering • Expect a stabl
Slide 26: Advancing Growth+
Advancing Growth+ 1. Growth+ drives strong performance in 2025 +10% YoY 2025 OCC adjusted operating profit growth1,2 2. Strategic initiatives delivering despite mixed end +8% 24% markets conditions Target Segment OCC growth1 Rotork Service 3. Growth+ leveraging attractive business model and ~25% str
Slide 27: Appendices
Appendices E: mail@rotork.com www.rotork.com
Slide 28: Revenue and adjusted operating margin
Revenue and adjusted operating margin Revenue (£m) 2025 2024 % change % OCC1 Oil & Gas 351.2 355.5 (1.2)% +0.6% Chemical, Process & Industrial 223.4 205.0 +9.0% +7.0% Water & Power 202.7 193.9 +4.5% +6.1% Group 777.3 754.4 +3.0% +3.7% Adjusted2 operating margin 2025 2024 % change % OCC1 Oil & Gas 27
Slide 29: Geography revenues
Geography revenues Revenue (£m) 2025 2024 % change % OCC1 Key takeaways: EMEA 306.3 288.5 +6.2% +5.0% • EMEA OCC sales growth in Oil & Gas and CPI was offset by APAC 253.4 255.3 (0.7)% +0.5% Water & Power Americas 217.6 210.6 +3.3% +5.9% • APAC OCC sales growth broadly flat as Water & Power growth o
Slide 30: Analysis of movements
Analysis of movements Foreign 2024 at 2025 £m 2024 exchange exchange rates OCC1 Acquisitions 2025 744.3 (16.2) 728.1 43.9 10.6 782.6 Order intake +6.0% +5.2% 754.4 (15.9) 738.5 27.6 11.2 777.3 Revenue +3.7% +3.0% 178.4 (6.1) 172.3 17.2 2.0 191.5 Adjusted2 operating profit +10.0% +7.3% 23.6% - 23.3%
Slide 31: Earnings per share
Earnings per share 2025 2024 % change Profit before tax as reported £157.9m £140.5m +12.4% Adjusted1 profit before tax £192.3m £183.0m +5.1% Effective tax rate 25.9% 25.4% +50bps Adjusted1 effective tax rate 25.3% 25.2% +10bps Basic EPS as reported 13.8p 12.1p +14.0% Adjusted1 basic EPS 17.0p 15.9p
Slide 32: Working capital
Working capital Dec 20251 % Revenue Dec 2024 % Revenue Inventory £91.3m 11.7% £83.4m 11.0% Trade receivables £180.3m 23.2% £149.5m 19.8% Trade payables £(62.9)m (8.1)% £(43.8)m (5.8)% Net working capital £208.7m 26.8% £189.1m 25.1% 28.1% 28.7% 25.9% 27.3% 26.4% 26.4% 26.8% 25.1% 21.8% Dec 2021 June
Slide 33: Exchange rates
Exchange rates USD Euro H1 2024 1.27 1.17 FY 2024 1.28 1.18 Average rates H1 2025 1.30 1.19 FY 2025 1.32 1.17 + = GBP strengthening / - = GBP weakening H1 2025 v H1 2024 +2.6% +1.5% FY 2025 v FY 2024 +3.2% (1.2)% December 2024 1.25 1.21 Period-end rates June 2025 1.37 1.17 December 2025 1.35 1.15 +
Slide 34: Dividends
Dividends Core dividend Month paid / payable Amount Cost Key takeaways: 2023 final May 2024 4.65p £39.9m • 2025 full year dividend increased 2024 interim September 2024 2.75p £23.4m 7.1% to 8.30p (2024: 7.75p) Paid in 2024 7.40p £63.3m 2024 final June 2025 5.00p £42.1m 2025 interim September 2025 2.
Slide 35: Thank you
Thank you E: mail@rotork.com www.rotork.com