Hgears Ag · XETR:HGEA
Hgears — Q1 2026 Earnings Presentation
11 slides from Hgears's earnings presentation, 2026
Slide 1: 1Q 2026 results
1Q 2026 results the heart of your CALS | performance
Slide 2: Disclaimer
Disclaimer This report contains forward-looking statements. These statements are based on current experience, estimates and projections of the Management Board and the information available at the time this report was prepared. They are not guarantees of future performance and results and are subjec
Slide 3: 1Q 2026 Highlights
1Q 2026 Highlights Disciplined execution and implemented measures cushion effects from adverse conditions • 1Q26 performance in line with our expectations • Ongoing destocking weighed on the e-Bike business area, while 1Q25 benefited from pull-forward effects in production • [e]-Mobility again demon
Slide 4: Quarterly sales reflect [e]-Mobility’s resilience and stable e-Tools
Quarterly sales reflect [e]-Mobility’s resilience and stable e-Tools Sales (in EUR million) 25.9 24.9 24.2 24.3 23.0 23.3 6.0 21.9 4.0 3.4 21.9 4.5 2.2 4.1 20.2 1.6 3.8 0.7 12.2 11.7 11.6 12.9 12.6 11.9 9.2 10.4 11.3 8.9 8.5 8.7 9.2 8.2 8.7 8.2 7.3 7.8 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 e-
Slide 5: Financial Review
Financial Review the heart of your | CALS | performance
Slide 6: 1Q26 results in line with expectations, supported by cost measures
1Q26 results in line with expectations, supported by cost measures Sales (in EUR million) Adj. Gross Profit (in EUR million) Adj. EBITDA (in EUR million) 25.1 11.8 23.3 10.5 4.0 -46.2 % 2.2 10.0 2.0 1.5 12.2 +5.9 % 12.9 1.0 0.7 0.5 2.8 % -0.7 % 8.7 -6.3 % 8.2 0.0 47.0 % 44.8 % 0.0 -0.5 -0.2 1Q25 1Q2
Slide 7: Improved free cash flow through active NWC management
Improved free cash flow through active NWC management Free Cash Flow bridge (in EUR million) Free Cash Flow bridge 0 • Free cash flow improved by EUR 1.0 million 0.3 -1.2 -2.2 year-on-year -2 0.7 • Operating activities contributed EUR 0.7 million, supported by lower receivables and higher liabilitie
Slide 8: Sufficient liquidity and solid capital base
Sufficient liquidity and solid capital base Net Debt (in EUR million) and Leverage 22 20.4 • Liquidity 21 42.5 20 18.5 19 17.2 18 – Cash and cash equivalents of EUR 7.6 17 16 14.7 32.5 million 15 13.8 28.7 14 – Available liquidity of EUR 9.1 million 13 12 provides sufficient headroom 11 9.4 20.2 22.
Slide 9: Outlook & Closing Remarks
Outlook & Closing Remarks the heart of your | byGears | Snes of
Slide 10: 2026 guidance confirmed
2026 guidance confirmed Guidance 2026 Revenue EUR 80 - 90 million Adjusted EBITDA EUR -3 million to EUR 0 million Free Cash Flow EUR -5 million to EUR -2 million 10
Slide 11: CALS | performance
- the heart of your CALS | performance