Novus Holdings Ltd. · JSE:NVS
Novus — H1 FY2026 Earnings Presentation
15 slides from Novus's earnings presentation, December 2025
Slide 1: Interim results presentation for the six months ended 30 September 2025
Interim results presentation for the six months ended 30 September 2025
Slide 2: Executive Overview, Financial Review, Outlook, Questions
FY2026 Executive Overview Financial Review Outlook Questions Interim results presentation for the six months ended 30 September 2025 2
Slide 3: Executive Overview
FY2026 Interim results presentation for the six months ended 30 September 2025
Slide 4: Executive Overview: Group
01 E X E C U T I V E O V E R V I E W Executive Overview Overview: Group Print, Publishing & Education Packaging Distribution Revenue R1 640m R157m R345m EBITDA* R185m -R12m R45m Contribution to Group EBITDA* 86% -6% 21% *Excludes ‘Other gains/(losses)’ , Other segment and intergroup eliminations whi
Slide 5: Executive Overview: Print, Publishing and Distribution
01 E X E C U T I V E O V E R V I E W Executive Overview: Print, Publishing and Distribution Sept 2025 Sept 2024 Revenue R1 640m R1 331m EBITDA * R185m R109m Contribution to Group EBITDA * 86% 33% *Excludes ‘Other gains/(losses)’ , Other segment and intergroup eliminations PRINT, PUBLISHING AND DISTR
Slide 6: Executive Overview: Education
01 E X E C U T I V E O V E R V I E W Executive Overview: Education Sept 2025 Sept 2024 Revenue R157m R447m EBITDA * -R12m R172m Contribution to Group EBITDA * -6% 52% *Excludes ‘Other gains/(losses)’ , Other segment and intergroup eliminations EDUCATION o Delayed procurement from provincial departme
Slide 7: Executive Overview: Packaging
01 E X E C U T I V E O V E R V I E W Executive Overview: Packaging Sept 2025 Sept 2024 Revenue R345m R368m EBITDA * R45m R48m Contribution to Group EBITDA * 21% 15% *Excludes ‘Other gains/(losses)’ , Other segment and intergroup eliminations PACKAGING o Volume decline in flexible packaging and label
Slide 8: Financial Review
FY2024 FY2026 Interim results presentation for the six months ended 30 September 2025 8
Slide 9: Group Income Statement Key Features
02 F I N A N C I A L R E V I E W Group Income Statement Key Features Six months ended 30 September 2025 Sept 2025 Sept 2024 Revenue R2 109m R2 088m 1% ▲ Gross profit R658m R632m 4% ▲ Gross margin 31,2% 30,3% 3% ▲ Overheads R556m R435m 28% ▲ EBITDA R219m R394m -44% Operating profit* R103m R196m -48%
Slide 10: Cash Flow Analysis for the six months ended 30 September 2025
R'm 1000 1200 1400 0 200 400 600 800 Balance at 1 April 2025 812 Profit before tax Non-cash adjustments 105 99 and other Changes in working 70 capital Net loan repayments and 102 net interest Interim results presentation for the six months ended 30 September 2025 38 Taxation paid 55 Acquisition of P
Slide 11: Net Working Capital
02 F I N A N C I A L R E V I E W Net Working Capital Six months ended 30 September 2025 1 400 1 200 1 000 800 1 299 600 927 941 400 828 693 570 608 200 - Sept 2022 March 2023 Sept 2023 March 2024 Sept 2024 March 2025 Sept 2025 Net working capital Interim results presentation for the six months ended
Slide 12: Outlook
FY2026 Interim results presentation for the six months ended 30 September 2025
Slide 13: Group Outlook and Conclusion
03 O U T L O O K Group Outlook and Conclusion Acquired additional stake in Mustek during the six months increasing our shareholding from 35,07% to 39,95% . Still awaiting the TRP to issue compliance certificate, after which we will work with management to unlock shareholder value. Product and servic
Slide 14: Questions
FY2026 Interim results presentation for the six months ended 30 September 2025
Slide 15: Investor Relations Contacts
Investor Relations Contacts +27 21 550 2500 Investor.Relations@novus.holdings NOVUS HOLDINGS | 2019 INTERIM RESULTS