Orthex Oyj · OMXHEX:ORTHEX
Orthex Oyj — H1 2026 Earnings Presentation
25 slides from Orthex Oyj's earnings presentation, Aug 18, 2026
Slide 1: Half-Year Financial Report January–June 2026
HALF -YEAR FINANCIAL REPORT J anuary–June 2026 18 August 2026 Alexander Rosenlew, CEO Saara Mäkelä, CFO Hanna Kukkonen, CMSO
Slide 2: Content
Content 1. Introduction to Orthex 2. January - June 2026 in brief 3. Strategy 4. Financials 5. Q&A HALF - YEAR FINANCIAL REPORT | JANUARY - JUNE 2026 | 18 AUGUST 2026
Slide 3: A European houseware company with strong brands and sustainable products
A European houseware company with strong brands and sustainable products 8 sales organisations >40 customer countries 3 factories (incl. warehouses) >90% own brands ~ 300 employees (FTE) Sustainability focus HALF - YEAR FINANCIAL REPORT | JANUARY –JUNE 2026 | 18 AUGUST 2026
Slide 4: Mission to create long-lasting solutions for an organised and enjoyable home
Mission to create long - lasting solutions for an organised and enjoyable home HOME & STORAGE KITCHEN GARDEN (70 % of sales 1)) (19% of sales 1)) (11% of sales 1)) Functional and Long - lasting, ~ 10% of sales Benchmark in award - winning high - quality from new launches sustainability design produc
Slide 5: January–June 2026 in Brief
JANUARY –JUNE 2026 IN BRIEF Half - year financial report January –June 2026
Slide 6: CEO comments on Q2/2026
CEO comments on Q2/2026 Strong sales growth in the Nordics Storage category driving the growth ▪ In the Nordics, where our market position and our brands are strong, business grew despite the necessary price increasing negotiations. ▪ In the Rest of Europe, several growth initiatives had to be tempo
Slide 7: Q2 2026 Net sales and Invoiced sales, Adjusted EBITA
Q2 2026 Net sales and Invoiced sales ▪ Net sales increased by 5.2% to EUR 21.6 million compared to Q2 in the previous year (20.5) ▪ Invoiced sales growth in the Nordics 12.0% ▪ Invoiced sales decline in the Rest of Europe - 10.5% Adjusted EBITA ▪ Adjusted EBITA was EUR 1.4 million (1.7) ▪ Adjusted E
Slide 8: Invoiced sales by geography
Invoiced sales by geography Invoiced sales by geography quarterly, EUR million Invoiced sales by geography, EUR million 40 20 34.9 17.8 33.2 18 35 15.9 16 30 14 25 12 20 10 15 8 9.5 9.6 6 5.1 4.6 10 4 5 0.4 0.4 2 0.2 0.1 0 0 Nordics Rest of Europe Rest of the world Nordics Rest of Europe Rest of the
Slide 9: Invoiced sales by product category
Invoiced sales by product category Invoiced sales by product category, EUR million Invoiced sales by product category quarterly, EUR million 35 16 14.6 30.4 13.5 30 28.1 14 12 25 10 20 8 15 6 4.4 4.6 10 8.5 8.4 3.3 3.3 6.5 6.2 4 2 5 0 0 Storage Kitchen Home & Garden Storage Kitchen Home & Garden 4-6
Slide 10: Strategy
STRATEGY Half - year financial report January –June 2026
Slide 11: Growth strategy
Growth strategy Storage category leader in Europe and Accelerated the benchmark for online growth quality, practicality and sustainability in Grow with major every home European retailers Nordic Category Captain M&A as and Novelties Champion a growth tool Build consumer Maintain a high Cost efficien
Slide 12: Build consumer preference
Build consumer preference France France France HALF - YEAR FINANCIAL REPORT | JANUARY - JUNE 2026 | 18 AUGUST 2026
Slide 13: Build consumer preference
Build consumer preference Germany Sweden Estonia HALF - YEAR FINANCIAL REPORT | JANUARY - JUNE 2026 | 18 AUGUST 2026
Slide 14: Strategy in Action – Maintain a high innovation rate
Maintain a high Innovation rate Strategy in Action – Maintain a high innovation rate HALF - YEAR FIN ANCIAL REPORT | JANUARY –JUNE 2026 | 18 AUGUST 2026
Slide 15: Sustainability news during Q1-Q2 2026
Leading the way Sustainability news during in sustainability Q1- Q2 2026 Recognitions ▪ SmartStore Module storage solution was awarded with the “ Product Design 2026” award at the prestigious Red Dot Design Award competition in April and earlier with the “Winner ” at the German Design Awards 2026. R
Slide 16: Financials
FINANCIALS Half - year financial report January –June 2026
Slide 17: Net sales quarterly and profitability
Net sales quarterly and profitability Net sales Adjusted EBITA and adjusted EBITA margin 1.1mEUR Adjusted EBITA Adjusted EBITA (%) 23.9 23.4 22.8 14.3% 22.0 22.3 21.6 13.6% 21.0 21.0 21.6 20.5 12.6% 12.6% 12.7% 9.6% 8.2% 8.4% 6.3% 7.4% - 0.3 mEUR 3.3 2.9 3.0 3.0 2.8 2.1 1.6 1.7 1.7 1.4 Q12024 Q22024
Slide 18: Development of raw material price indexes
Development of raw material price indexes 2 500 € Rawmaterial index prices Propylene (C3) Contract EUR/t ICIS 3rd LOW (PPC) EUR/t ▪ Exceptional increase in raw material prices, with the peak reached 2 000 € in May ▪ Demand was 1 500 € weakening due to customers limiting purchases 1 000 € ▪ Supply st
Slide 19: Investments & net debt
Investments & net debt Investments in tangible and intangible assets, EUR Net debt, EUR million & Leverage million 45 3,0 1,8 40 1.6 2,5 1,6 35 2.4 1.4 1,4 30 2.0 2,0 1,2 25 1.5 1.6 1,5 1,0 20 1.4 1.4 1.4 0.7 1.3 1.3 1.2 0,8 0.6 1..1 1.1 1,0 15 1.0 1.0 0,6 0.4 10 0,4 0,5 0.2 5 0,2 0,0 - - Q1 Q2 Q3 Q
Slide 20: Long-term financial targets
Long - term financial targets Target Description Latest reported SALES Total growth of >5% “An over time annual organic net sales 4.0% total growth to exceed 5 per cent on a Group level, GROWTH Outside Nordics >10% and 10 per cent outside the Nordic region” 1.8% outside Nordics* “Improving EBITA mar
Slide 21: Summary
SUMMARY FULL FOCUS ON EUROPEAN SALES UNPREDICTABLE CONDITIONS – GROWTH CONSUMER CONFIDENCE RETURNING?
Slide 22: Q&A
Q&A www.investors.orthexgroup.com
Slide 23: Reporting dates 2026
Reporting dates 2026 Orthex will publish its financial reports in 2026 according to the following schedule ▪ 5 November 2026 : Interim report January –September 2026 HALF - YEAR FINANCIAL REPORT | JANUARY - JUNE 2026 | 18 AUGUST 2026
Slide 24: Key Figures
Key Figures HALF - YEAR FINANCIAL REPORT | JANUARY - JUNE 2026 | 18 AUGUST 2026
Slide 25: Practical is Beautiful
orthex’ Practical is Beautiful