Exel Composites Oyj · OMXHEX:EXEL

Exel Composites Oyj — Q4 2025 Earnings Presentation

13 slides from Exel Composites Oyj's earnings presentation, Feb 13, 2026

  1. Slide 1: Order intake nearly tripled in Q4 and operating profit more than doubled in 2025

    Order intake nearly tripled in Q4 and operating profit more than doubled in 2025 Q4/FY 2025 BRIEFING 13.2.2026

  2. Slide 2: Q4 capped a strong year: record orders, improving profitability

    Q4 capped a strong year: record orders, improving profitability  Order intake in Q4 +173% to EUR 78.7m, full year EUR 168.6M, resulting in an Order backlog of EUR 98.7m at year end, up by +189%  Revenue increased by 16% to EUR 29m year on year  Adjusted operating profit increased significantly ye

  3. Slide 3: Two multi-year frame agreements for conductor cores accelerate growth

    Two multi-year frame agreements for conductor cores accelerate growth  Two multi-year frame agreements secured for composite conductor cores, reflecting strengthening customer demand  Meaningful minimum volume commitments totaling EUR 47 million for 2026–2029  Supports Europe’s grid investment ne

  4. Slide 4: Q4 2025 financial highlights: Order intake nearly tripled in Q4

    Q4 2025 financial highlights: Order intake nearly tripled in Q4 and operating profit more than doubled in 2025 €78.7m €29.0m €0.9m €0.9m 3.1% ▲ Order intake Q4 Revenue Q4 EBIT Q4 Adjusted EBIT Q4 Adjusted EBIT +173% YoY +15.7% YoY +122% YoY +402% YoY margin Q4 Order intake, EUR million Revenue, EUR

  5. Slide 5: Multi-year agreements accelerated backlog growth

    Multi-year agreements accelerated backlog growth €78.7m €98.7m Order intake Order backlog +179% YoY +189% YoY  Order intake jumped to EUR 78.7m (+179% YoY), well ahead of revenue EUR 29.0m Order backlog development, 2023–2025 (+15.7% YoY)  Order backlog rose to EUR 98.7m (+189% 100 98,7 YoY) – rec

  6. Slide 6: Customer industries: Energy demand increased

    Customer industries: Energy demand increased, Buildings & Infrastructure and Transportation good activity continued across key customers  Energy on the rise – Revenue by customer industry Share of revenue by customer industry, % grid investment EUR million demand, conductor cores, and wind- 99,6 10

  7. Slide 7: Higher profitability from more efficient operations

    Higher profitability from more efficient operations Adjusted operating profit development 2023–2025  Clear step-up in profitability driven by strong 4 8% commercial momentum  Adjusted operating profit more than doubled 2 4% in FY 2025 to EUR 3.6m (2024: EUR 1.7m); 3,1 % margin 3.5% (1.7%) 0,9 0 0%

  8. Slide 8: Energy wins, higher throughput and defense demand

    ENGINEERED SOLUTIONS BUSINESS UNIT (ESBU) ESBU revenue, 2024–2025 Energy wins, higher throughput and defense demand 82,5 83,9 21,0 22,9 20,0 19,7  Revenue EUR 22.9m (21.0), +9.2% YoY 22,4 20,2  Europe demand solid, factory utilization increasing 19,1 21,1  Capacity up with 24/7 running lines FY 2

  9. Slide 9: India ramp-up delivers, revenue on the rise

    INDUSTRIAL SOLUTIONS BUSINESS UNIT (ISBU) ISBU revenue, 2024–2025 India ramp-up delivers, revenue on the rise 19,3 17,1 6,1 4,1  Revenue EUR 6.1m (4.1), +49.4% YoY 4,6 4,4  Deliveries of spar caps from India factory 4,2 4,6 to our lead customer shifted from 4,2 4,2 qualification towards regular pr

  10. Slide 10: Reverse split of Exel share proposed to improve trading & price formation

    Reverse split of Exel share proposed to improve trading & price formation  Proposal made today to the Annual General Meeting 2026  15:1 reverse split proposed – every 15 shares would become 1  Aim of the reverse split is to support more efficient trading and price formation  No shareholder actio

  11. Slide 11: Guidance for the full year 2026 / Dividend proposal

    Guidance for the full year 2026 Exel Composites expects revenue and adjusted operating profit to increase significantly in 2026 compared to 2025, with a stronger contribution in the second half of the year. This is based on the timing of order backlog conversion, driven by customer call- offs and pr

  12. Slide 12: Investor Calendar 2026

    Investor Calendar 2026 Annual Report 2025 Week 10 beginning 2 March Annual General Meeting 2026 Thursday 26 March 2026 Business Review Q1 2026 Wednesday 6 May 2026 Financial Report Q1–Q2 2026 Wednesday 12 August 2026 Business Review Q3 2026 Wednesday 4 November 2026 14 EXEL COMPOSITES | Q4/FY 2025 B

  13. Slide 13: For Forward Thinkers

    FOR FORWARD THINKERS

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