Slide 1: H1 2025 results
The Accelerator of the Project Economy H1 2025 results July 31, 2025 Make Vision Reality
Slide 2: Disclaimer
Disclaimer This document contains statements regarding the prospects and growth strategies of Planisware. These statements are sometimes identified by the use of the future or conditional tense, or by the use of forward-looking terms such as “considers”, “envisages”, “believes”, “aims”, “expects”, “
Slide 3: Today's presenters
Today’s presenters Loïc Sautour Stéphanie Pardo CEO CFO © 2025 – Planisware – All rights reserved 3
Slide 4: H1 2025 highlights
H1 2025 highlights • H1 2025 revenue up by +11.0% year-on-year in constant currencies1 1 • Group’s SaaS Model² up by +17.4% year-on-year in constant currencies1 • Adj. EBITDA margin3 up by +230bps to 35.8% of revenue reflecting continued 2 operational discipline • Strong cash generation with adj. FC
Slide 5: Q2 2025 commercial activity
Q2 2025 commercial activity Selection of latest notable commercial wins © 2025 – Planisware – All rights reserved 5
Slide 6: SaaS model – 82% of revenue
Revenue mix evolution at work Amounts in € million Revenue mix evolution H1 2025 revenue breakdown Recurring revenue Non-recurring revenue 92% +400bps 88% Recurring +250bps revenue 86% 7 SaaS & SaaS model – 82% of revenue 48% as % of revenue Hosting 10 10 Annual term Implementation <1% 5% licenses &
Slide 7: H1 2025 revenue by region
H1 2025 revenue by region Amounts in € million Revenue growth Revenue breakdown H1 2025 Variation Variation APAC & RoW revenue YoY in cc* 9% Europe 45.5 +8.6% +8.6% 48% Europe North America 41.6 +10.8% +12.0% North 43% America APAC & RoW 8.6 +20.7% +20.4% All region contributed to Planisware’s H1 20
Slide 8: H1 2025 revenue by pillar
H1 2025 revenue by pillar Amounts in € million Revenue growth Revenue breakdown H1 2025 Variation Variation PBA revenue YoY in cc1 7% Product Development & Innovation 50.5 +4.5% +5.1% IT&DT 17% Project Controls & Engineering 22.1 +38.2% +38.8% 53% PD&I PC&E 23% IT Governance & Digital Transformation
Slide 9: H1 2025 revenue growth building blocks
H1 2025 revenue growth building blocks Amounts in € million +10.6% Revenue growth in cc1 statutory revenue growth +3.7 95.8 led by SaaS Model2 +5.9 +0.7 at +17.4% with: 86.6 -1.1 5.3 +8.1% 2.0 • SaaS & Hosting: +18.1% 5.9 4.1 +14.3% revenue growth in cc1 9.7 • Evolutive support: +18.9% revenue growt
Slide 10: Gross margin improvement
Gross margin improvement 73.2% +190bps 71.3% +320bps €70.1m +13.5% Gross margin €61.7m Gross margin 68.0% % of revenue +25.0% increased to 73.2% Gross profit €49.4m benefiting from: • positive revenue mix • further operational efficiency gains • continued strict monitoring of costs H1 2023 H1 2024 H
Slide 11: Consistent Operating expenses repartition
Consistent Operating expenses repartition R&D expenses reflecting Group €43.0m ambitions for continuous product development and €38.3m leadership while benefiting 18% from AI tools €31.0m 18% Continued investment in Sales 18% & Marketing to support business expansion and 15% strengthen leading posit
Slide 12: Adjusted EBITDA margin expansion
Adjusted EBITDA margin expansion 35.8% +230bps Strong increase of 33.5% adjusted EBITDA margin €34.3m fuelled by: +260bps +18.1% Adj. EBITDA margin 30.9% €29.0m • revenue growth % of revenue +29.3% • positive mix effect Adj. EBITDA €22.4m • further operational efficiencies Consistent focus on operat
Slide 13: Bridge from adjusted EBITDA to adjusted Free Cash Flow
Bridge from adjusted EBITDA to adjusted Free Cash Flow Amounts in € million 96% Cash Conversion Rate* Adjusted FCF* reaching -2.4 €32.9m +8.3 34.3 -7.5 Cash Conversion Rate* +0.2 32.9 of 95.9% Change in WC thanks to subscription contracts billed at the beginning of the year in advance of the service
Slide 14: Net cash position evolution
Net cash position* evolution +16.4% 182 -2 176 -5 +33 156 +18 -22 The Group has any financial debt aside for lease liabilities (€17.9m) small amounts of bank overdrafts Others mostly related to revaluation at FX closing rates of cash and cash equivalents held in foreign currencies (€3.7m) June 2024
Slide 15: 2025 objectives updated
2025 objectives updated Former objectives Updated objectives set in February 2025 as of July 31st, 2025 Revenue growth Mid-to-high teens c. 10% in constant currencies1 Adj. EBITDA margin² c. 35% c. 36% Cash Conversion Rate2 c. 80% c. 80% Notes: 1: Variation in constant currencies represent figures b
Slide 16: Thanks for Your time
Thanks for Your time For more information, please contact: Benoit d’Amécourt Head of Investor Relations benoit.damecourt@planisware.com +33 6 75 51 41 47 © 2025 – Planisware – All rights reserved
Slide 17: Q2 2025 revenue by revenue stream
Q2 2025 revenue by revenue stream Variation Variation Q2 2025 Q2 2024 In € million YoY in cc* Recurring revenue 44.7 39.5 +13.2% +15.9% SaaS & Hosting 22.9 19.9 +15.1% +17.7% Annual licenses 0.1 - N/A N/A Evolutive support 14.0 12.1 +15.5% +18.0% Subscription support 2.9 2.8 +3.9% +8.2% Maintenance
Slide 18: Non-IFRS measures reconciliations
Non-IFRS measures reconciliations In € million H1 2025 H1 2024 Current operating profit after share of profit of equity-accounted investee 27.1 23.4 Depreciation and amortization of intangible, tangible and right-of-use assets 4.2 3.5 Share-based payments 3.0 2.1 Adjusted EBITDA 34.3 29.0 In € milli
Slide 19: Planisware at a glance in 2024
Planisware at a glance in 2024 €183m 89% 83% 44% 19% 35.2% FY 2024 FY 2024 FY 2024 FY 2024 2020-2024 FY 2024 total recurring International revenue in revenue growth Adj. EBITDA revenue revenue revenue(1) North America CAGR margin c. 600 c. 35 121% 2.2% 10 years blue-chip countries FY 2024 FY 2024 av
Slide 20: Thanks for Your time
Thanks for Your time For more information, please contact: Benoit d’Amécourt Head of Investor Relations benoit.damecourt@planisware.com +33 6 75 51 41 47 © 2025 – Planisware – All rights reserved