Ernst Russ Ag · XETR:ERAG
Ernst Russ — SME Conference Paris 2025
14 slides from Ernst Russ's conference presentation, Oct 7, 2025
Slide 1: SME Conference Paris
ERNST RUSS AG SME Conference Paris 07 October 2025
Slide 2: Agenda
ERNST RUSS AG SME Conference Agenda 1 Introduction Ernst Russ 2 Market Update 3 Financials H1 2025 4 Company Update
Slide 3: Global container shipping supply chain
ERNST RUSS AG SME Conference Global container shipping supply chain VALUE CHAIN WHO SCOPE Production of goods to be Manufacturer shipped in containers ∼220 m TEU transported by sea** Operators Container shipping and logistics services, including ∼ 4,300 vessels* distribution (ports and dealers), ter
Slide 4: Ernst Russ´ role in international shipping
ERNST RUSS AG SME Conference Ernst Russ´ role in international shipping 4
Slide 5: Container Shipping – Charter Market
ERNST RUSS AG SME Conference Container Shipping – Charter Market Development of freight and charter rates Market Overview: 6.000,00 Geopolitical Impact: Red Sea closure causes ships circumvention of Africa. 5.000,00 Longer transits reduce available capacity. 4.000,00 Trade policies: US policies lead
Slide 6: Fleet KPIs H1 2025
ERNST RUSS AG SME Conference Fleet KPIs H1 2025 26 19 x Container-Feeder Vessels on Water (800-3,000 TEU) 2 4x Cont. Intermediate (3,000-5,000 TEU) Vessels on Order 1x Cont. Neo Panmax 16.8 years (10,000-15,000 TEU) ∅ Age (30.06.2025) 1x Multipurpose (13,000 dwt) 691,564%% dwt / 50,081 TEU %% Capaci
Slide 7: Financial KPIs H1 2025
ERNST RUSS AG SME Conference Financial KPIs H1 2025 Financial KPIs Closer Look: Revenue Revenue H1 2025: EUR 79.8 m $ ≈ USD 520 m Market value fleet (30.06.2025) Fixed Revenue Backlog of USD 281 m as of 30 June 2025 EUR 71.3 m € Diversification across a wide range of EBITDA H1 2025 charterers Balanc
Slide 8: Project Blue
ERNST RUSS AG SME Conference Project Blue Deal Vessel highlights Employment concept Eimskip & Ernst Russ Joint Venture „ElbFeeder“ 2,280 TEU containerships Initial 10-year charter contract signed contracts for 2 container vessels with with Eimskip secures long term China Merchants Jin Ling Shipyard
Slide 9: Ernst Russ Journey and Performance
ERNST RUSS AG SME Conference Ernst Russ Journey and Performance Forecast and H1 Revenue in EUR m EBITDA [adjusted]* in EUR m 192 203 173 93 95 101 91 H1: 80 56 39 H1: 39 11 2020 2021 2022 2023 2024 2025 Avg. Number of vessels (reporting period) 14 18 29 30 29 27 Average charter rate p.d. in USD OPEX
Slide 10: Financial Forecast 2025
ERNST RUSS AG SME Conference Financial Forecast 2025 EUR 147-167 m 97.7 % Revenue Utilization Thereof contracted: EUR 145.5 m (2024: EUR 172.7 m) (2024: 96.4 %) EUR 43-73 m EUR 75-105 m EBIT from ship operations EBIT incl. vessel sales (2024: EUR 65.8 m) (2024: EUR 67.7 m) 10
Slide 11: Strategic Focus 2025
ERNST RUSS AG SME Conference Strategic Focus 2025 Generate Increase the visibility Reduce non-strategic minority sustainable profitability of the share interests in the fleet Shipping markets present unexpected Greater visibility aims at leveraging the Reducing the minority interests in the geopolit
Slide 12: Share and Investor Relations
ERNST RUSS AG SME Conference Share and Investor Relations Shareholder structure with strong partner Extended Research Coverage Quirin Research („Buy“, target price 10.00 EUR) 24.7% 38.5% Montega AG („Buy“, target price 10.00 EUR) 33.7 m shares Döhle Group mwb Research („Buy“, target price 11.00 EUR)
Slide 13: Disclaimer
ERNST RUSS AG SME Conference Disclaimer This presentation has been prepared by Ernst Russ AG („Company“) and comprises the written materials/slides for a presentation concerning the Company. By attending this presentation and / or reviewing the slides you agree to be bound by the following condition
Slide 14: Merci beaucoup pour votre attention!
ERNST RUSS AG Merci beaucoup pour votre attention! Ernst Russ AG Picture title and back: Adobe Stock © Mariusz Elbchaussee 370 22609 Hamburg Germany ir@ernst-russ.de | +49 40 8888 1 1800