Cenergy Holdings Sa · EURONEXT:CENER
Cenergy Holdings Sa — Investor Presentation (April 2026)
26 slides from Cenergy Holdings Sa's investor presentation, April 2026
Slide 1: Corporate Presentation 2026
Corporate Presentation 2026
Slide 2: Agenda
Agenda Introduction to Cenergy Holdings Key Strengths Financials
Slide 3: Part of Viohalco, a Holding Company
PartofViohalco, a HoldingCompany Viohalco is a holding company of several metal processing companies VIO acrossEurope with €7.2bn of sales in 2025 VIOHALCO LISTED EURONEXT BRUSSELS, EURONEXT ATHENS AI Cu Fe Aluminium1 Copper1 Cables Steel Pipes Steel Real Estate2 R&D LISTED CENER LISTED EURONEXT BRU
Slide 4: Two leading segments in Cables & Steel Pipes
Two leadingsegments in Cables& Steelpipes
Slide 5: Cables Segment at a Glance
Cables Segment at a Glance BUSINESS OVERVIEW • Leading cable solutions provider for the energy transition 1953 50 • LV to EHV portfolio for onshore, offshore & telecom applications Established Countries • 65+ years of expertise and tailor-made technical solutions • 6 facilities | Presence in 50+ cou
Slide 6: Cables Segment at a Glance
Cables Segment at a Glance Customer Examples Offshore Wind Developers Grid Operators KeyActivities Energy Transmission, Distribution & Renewables Power Cables: LV,MV, HV & EHV Onshoreand offshore Telecom & Data Transmission Facilities Telecom networkcables Under Cables Supporting Grid Operators Port
Slide 7: Steel Pipes Segment at a Glance
Steel Pipes Segment at a Glance BUSINESS OVERVIEW • Leading manufacturer of steel pipes and hollow sections for energy and construction • Tier 1 supplier to major energy companies, delivering projects in 55+ countries with 50+ years of 1969 55 experience Established Countries • Industry pioneer in h
Slide 8: Steel Pipes Segment at a Glance
Steel Pipes Segment at a Glance Customer Examples Activities and End-Markets Gas & Liquid Fuel Onshore Pipelines Drilling & Extraction Offshore Pipelines CCS (Carbon Capture & Storage) CO2 Pipelines Long-Term Partnership with Top Quality Steel Producers Hydrogen Hydrogen Pipelines Construction Const
Slide 9: Long Heritage of Successful Growth
LongHeritageof SuccessfulGrowth 2024 Hellenic Cables is establishing a new manufacturing facility n Baltimore, Maryland, 2016 USA to produce high-voltage Merger of HC and CPW; submarine and land cables listing on Euronext Brussels and Athens Exchange Successful Share capital increase of EUR 200 mill
Slide 10: Cenergy Plays a Key Role in Enabling the Energy Transition
Cenergy Plays a Key Role in Enabling the Energy Transition Renewable Energy Sources Wide range of cable solutions (onshore, offshore, loating OFW parks) Gas / Biofuel A leading position in gas pipelines. Long experience in deep offshore pipes Electricity & Power Connections Subsea connections: leadi
Slide 11: Key Strengths
Key Strengths
Slide 12: Key Strengths
KeyStrengths 1 Leading position in energy transmission in a growing electrification market 2 Well-invested and vertically integrated asset base with capacity expansion potential 3 Established technological capabilities with a longstanding commitment to innovation 4 Clearly defined strategy to drive
Slide 13: Fundamental Long-term Trends Driving Global Energy Transition
1 FundamentalLong-termTrends DrivingGlobalEnergyTransition Resultingin IncreasedDemandforCablesandPipes Increasing Global Demand Regulatory Support for Emerging New Energy Significant Investment in for Energy Green Transition Technologies Infrastructure Cables Segment Steel Pipes Segment • ExxonMobi
Slide 14: Cables: Sophisticated Manufacturing Plants With >€950m Invested Since 2012
Cables:SophisticatedandTechnologically AdvancedManufacturing 2 PlantsWith> €950mInvestedTo Datesince2012 • Strategically located coastal facility with direct access to a private port • Vertically integrated operations enabling optimized logistics and a streamlined cost base • Footprint positioned in
Slide 15: Expansion to Capture the US Opportunity
2 ExpansiontoCapturetheUSOpportunity CLEAR RATIONALE FOR INVESTING IN A STATE-OF-THE-ART FACILITY US EXPANSION TO CAPITALISE ON US OPPORTUNITIES • Large and fast-moving market, with similar long-term megatrends to our existing core markets • Capacity constraints from local players with very long lea
Slide 16: Steel Pipes: Expanded Global Footprint Providing End-to-End Solutions
2 SteelPipes: Expanded global footprint ProvidingEnd-to-EndSolutions Hartlepool Thisvi 16’’ – 42’’ LSAW (UOE) 18’’ – 84’’ LSAW (3RB) 2’’ – 7.625’’ HFW 8.625’’ – 26’’ HFW 16’’ – 56’’ LSAW Storage 24’’ – 100’’ HSAW External / Internal >150 Coating Solutions R&D Lab Storage • Broad portfolio capabiliti
Slide 17: Expanded Global Footprint
2 Expanded global footprint ACQUISITION OF LSAW ENHANCED CAPACITY FOR PIPES FACILITY IN HARTLEPOOL, UK LARGE SCALE PROJECTS • Increases production capacity and strengthens global position in the energy sector • Hartlepool LSAW facility (est. 1926) with strong legacy in high- performance pipe solutio
Slide 18: Advanced Technological Capabilities
3 AdvancedTechnological Capabilities Leading Technological Capabilities Landmark Projects Long Continuous Length Submarine Cables Complex Turnkey Project Solutions of up to 525kV Dogger Bank project: between 2021-2025, the Cables Segment will supply ~900km of 66kV inter-array cables and accessories
Slide 19: Clearly Defined Strategy to Drive Growth and Profitability
4 ClearlyDefined Strategy toDriveGrowthandProfitability Key Pillars to Cenergy’s Strategy Automation across the factory Optimising Operational Real-time maintenance 03 Performance Optimise manufacturing capacity by leveraging on record order backlog and project worκ • Deliver Maryland (US) facility
Slide 20: Financials
FINANCIALS
Slide 21: Solid Track Record of Growth and Profitability
5 SolidTrack Record Of Growth and Profitability CABLES SEGMENT STEEL PIPES SEGMENT CENERGY HOLDINGS GROUP YoY Revenue 17% 20% -1% 4% 10% 15% Growth % Revenue (€m) 1,047 1,224 1,464 581 573 597 1,628 1,796 2,061 2023 2024 2025 2023 2024 2025 2023 2024 2025 a-EBITDA Margin % 14.4% 14.7% 16.5% 11% 16.4
Slide 22: Strong Continued Momentum
5 StrongContinuedMomentum Solid Order Backlog providing visibility for further increase Dec 2023 Dec 2024 €3.15bn €3.44bn Dec 2022 Dec 2025 €2.02bn €3.38bn Diversified backlog Per region Diversified backlog Per application Cables Steel Pipes Cables Steel Pipes €2.88bn Europe 88% €0.49bn €2.88bn €0.4
Slide 23: Delivering returns
5 Deliveringreturns Dividends per share / Payout ratio1 Share price2 evolution (€ / share) a-ROCE3 Amounts in €/share 20.80 +86% +75% 21.0% 26.3% 28.4% 9.39 0.08 0.14 0.26 (20.9%) (21.3%) (28.5%) 2023 2024 2025 Dec Mar 2023 2024 2025 2024 2026 3Adjusted Return on Capital Employed (a-RoCE): Total div
Slide 24: FY2026 Guidance
Committed to deliver FY2026 Guidance 370 400 Adjusted EBITDA1 range +6% / +15% Cables Segment • Next growth phase with strong visibility, due to 370 - 400 improved operations and good fundamentals. 348 Steel pipes Segment 272 • Positive momentum with strong backlog Amounts in • Disciplined project s
Slide 25: Disclaimer
Disclaimer This corporate presentation and accompanying discussion (together with any materials, oral commentary or question and answer session delivered together herewith, the ”presentation”) have been prepared by cenergy holdings S .A . (The ”company”, and together with its consolidated subsidiari
Slide 26: Corporate Presentation
Corporate Presentation 2026
Cenergy Holdings — Investor Presentation (April 2026) on 6ix