Slide 1: 2Q'25 Quarterly report
2Q'25 Quarterly report EILUG
Slide 2: Executive summary
Executive summary Gross profit Revenue on sales • A surprising turnaround in the Polish industry in 2Q’25 pushed the Polish PMI down to 47.1 in May and 44.8 in June, which resulted 2Q’25 2Q’25 in a sharp decline in sentiment and new orders. +2.6% y/y -15.2% y/y • The LUG Group’s quarterly revenue in
Slide 3: Main events 2Q'25 - The highest standards
Main events 2Q’25 The highest standards • Certification of Urban TALQ Gateway The Urban TALQ Gateway, developed by LUG S.A., has received international TALQ certification, confirming its compliance with the global communication standard for smart cities. The combination of TALQ2 certification and th
Slide 4: Main events 2Q'25 - Trade fairs
Main events 2Q’25 Trade fairs The Vakbeurs Ruimte & Licht Trade Fair at Expo Houten, the Netherlands On 5 June 2025, the Expo Houten in the Netherlands hosted Vakbeurs Ruimte & Licht – one of the most significant industry events dedicated to public lighting and technologies for public spaces. The LU
Slide 5: Main events 2Q'25 - Distinction
Main events 2Q’25 Distinction Good Business Practices at LUG Two projects undertaken by the LUG Group have been included in the prestigious “Good Practices” database of the Responsible Business Forum, confirming our commitment to sustainable development and ESG initiatives. This recognition serves a
Slide 6: Main events 2Q'25 - Portfolio Updates
Main events 2Q’25 Portfolio Updates LCS – New Luminaire Line LUG has introduced a new line of LCS luminaires, combining high quality with a competitive price, dedicated to projects with limited budgets or specific technical requirements. FIN – New Luminaire FIN is a compact, surface-mounted luminair
Slide 7: Main events 2Q'25 - Initiatives
Main events 2Q’25 Initiatives Cycling Fridays “Cycling Friday” is a recurring initiative by LUG that promotes sustainable mobility, a healthy lifestyle, and the reduction of CO₂ emissions by encouraging employees to choose environmentally friendly modes of transport. Promenade Concert to Mark the En
Slide 8: TOP lighting completions: Q2'25
TOP lighting completions: Q2’25 Opoczno DOMESTIC Bydgoszcz Modernisation of street lighting with integrated control system, Opoczno; Stadium lighting for Polonia Bydgoszcz, Bydgoszcz; Outdoor area lighting for the Dolina Charlotty Resort & SPA leisure and retail complex, Słupsk. EKSPORT Modernisatio
Slide 9: Makrotrends
Makrotrends Poland – economic conditions in the industry Highlights S&P Manufacturing PMI Poland In the second quarter of 2025, the Polish industrial sector transitioned from moderate expansion in April (PMI 50.2 points) to a deep downturn in June (44.8 points), recording the largest two-month decli
Slide 10: LED lighting market
LED lighting market Development prospects Forecasts for the global Forecasts for the European LED lighting market*: LED lighting market**: Benefits of LED lighting ✓ Energy efficiency and financial savings. ✓ Guaranteed return on investment. +10.14% +9.3% ✓ Reduction of harmful greenhouse gas emissi
Slide 11: Construction market
Construction market Current market conditions for the fourth quarter and prospects for future periods. The GUS construction industry sentiment indicator.* [The value of the indicator ranges from -100 to +100] The average GUS (Central Statistical Office) business climate indicator for the constructio
Slide 12: LUG's Strategy 2023-2026
LUG’s Strategy 2023-2026 Mission: Through light, we create a sustainable living and development environment for a better tomorrow. Strategic objectives 2023-2026 International Transformation Sustainable Quality of life partnerships to services innovations growth LUG’s Strategy 2023-2026 read more LU
Slide 13: Financial results Q2'25
Financial results Q2’25 Profit & Loss PLN mln 2Q’24 2Q’25 y/y The decline in revenues was driven by unfavourable Sales revenues 55,50 56.92 +2.6% macroeconomic conditions and the closely related low investment activity in Europe. Gross profit on sales 23.90 20.27 -15.2% Operating profit increased by
Slide 14: Financial results Q2'25 - Balance sheet
Financial results Q2’25 Balance sheet The balance sheet total as at 30/06/2025 amounted to PLN 206.03 million, representing a decrease of 4.9% year-on-year and 1.5% quarter-on-quarter. PLN mln 30.06.2024 30.06.2025 y/y Total assets 216.56 206.03 -4.9% Over the past year, there was an increase in exp
Slide 15: Factors influencing the results 2Q'25
Factors influencing the results 2Q’25 EBITDA +1.98 -0.71 +0.03 -0.50 3.32 2.48 -3.63 +3.68 EBITDA 2Q’24 EBITDA 2Q’25 EBITDA 2021Q4 Decrease in gross Decrease in depreciation profit on sales Decrease in remaining operating Decrease in selling expenses costs Decrease in general administration costs De
Slide 16: Financial results Q2'25 - Cash flows and ratios
Financial results Q2’25 Cash flows and ratios PLN mln 2Q’25 2Q’24 2Q’25 y/y Cash assets at beginning of the period 7.10 Net debt/ EBITDA 4.74 5.17 +0.43 Operational activity -2.04 ROE 6.8% -9.5% -16.3p.p. Investment activity -1.45 ROA 2.2% -2.9% -5.1p.p. Financial activity -0.73 EV/EBITDA* 7.25 7.06
Slide 17: LUG on the capital market
LUG on the capital market Share ownership Shares Ratios Total number of Change 1 year -27.5% 7.198.570 Ryszard Wtorkowski shares YTD -16.0% Quotation 23% 37% Iwona Wtorkowska NewConnect EV/EBITDA* 7.06 market Debut data 20.11.2007. LUG share price** PLN 4.20 5% Opera TFI (in liquidation) Sector NC B
Slide 18: Company authorities
Company authorities LUG S.A. parent company THE EXECUTIVE BOARD THE SUPERVISORY BOARD LUG Light Factory Sp. z o.o. 100% LUG GmbH Ryszard Wtorkowski Iwona Wtorkowska 100% President of the President of LUG S.A. Supervisory Board LUG do Brasil Ltda. Executive Board 65% Renata Baczańska LUG Lighting UK
Slide 19: LUG S.A.
LUG S.A. ul. Gorzowska 11 Investor Relations 65-127 Zielona Góra relacje@lug.com.pl www.lug.com.pl