Construcciones Y Auxiliar De Ferrocarriles, S.a. · BME:CAF

Construcciones Y Auxiliar De Ferrocarriles — H1 2026 Earnings Presentation

31 slides from Construcciones Y Auxiliar De Ferrocarriles's earnings presentation, Jul 30, 2026

  1. Slide 1: Results First Half-Year 2026

    RESULTS FIRST HALF-YEAR 2026 www.cafmobility.com 30 July 2026

  2. Slide 2: Legal Notice

    LEGAL NOTICE THIS DOCUMENT HAS BEEN PREPARED FOR INFORMATION PURPOSES ONLY The information contained in this document has not Therefore, under no circumstances should it be Any decision made by third parties as a result of the been verified by independent third parties; construed as advice or recomm

  3. Slide 3: Contents

    www.cafmobility.com CONTENTS 1/ H1 2026 HIGHLIGHTS 2/ FINANCIAL INFORMATION 3/ STOCK MARKET INFORMATION 4/ SUSTAINABILITY 5/ OUTLOOK 6/ APPENDICES TRUST IN MOTION 3 3

  4. Slide 4: 1/ H1 2026 Highlights

    1/ H1 2026 HIGHLIGHTS www.cafmobility.com 4

  5. Slide 5: Significant commercial achievements, solid backlog execution and financial strength

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 1.1 KEY FIGURES SIGNIFICANT COMMERCIAL ACHIEVEMENTS, SOLID BACKLOG EXECUTION AND FINANCIAL STRENGTH IN THE FIRST HALF OF THE YEAR Order intake Revenue Book-to-bill Backlog

  6. Slide 6: Strategic investment supporting the Group's future growth

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES SIGNIFICANT MILESTONES STRATEGIC INVESTMENT SUPPORTING THE GROUP’S FUTURE GROWTH / Consolidation of CAF's industrial and operational presence in key countries and business

  7. Slide 7: Strong order intake in the first half, new railway contracts

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 1.2 ORDER INTAKE STRONG ORDER INTAKE IN THE FIRST HALF, WITH THE AWARDING OF NEW RAILWAY CONTRACTS OF SIGNIFICANT STRATEGIC IMPORTANCE TOTAL (€m) ORDER INTAKE DISTRIBUTION

  8. Slide 8: Contracts in priority technologies and segments

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 1.2 ORDER INTAKE CONTRACTS IN PRIORITY TECHNOLOGIES AND SEGMENTS / Main orders announced and signed off in Q2 2026 TURNKEY METRO PROJECT WITH CBTC MAINTENANCE SERVICES IN S

  9. Slide 9: Record-high backlog, driving future growth

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 1.3 ORDER BACKLOG RECORD-HIGH BACKLOG, DRIVING FUTURE GROWTH TOTAL (€m) / The order backlog increased by 9% during the first half, primarily driven by strong railway order

  10. Slide 10: SNCB contract reshapes composition of order backlog

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 1.3 ORDER BACKLOG THE LARGE-SCALE SNCB CONTRACT RESHAPES THE COMPOSITION OF THE ORDER BACKLOG IN THE FIRST HALF OF THE YEAR BACKLOG DISTRIBUTION BY ACTIVITY LINE (%) BACKLO

  11. Slide 11: 2/ Financial Information

    2/ FINANCIAL INFORMATION www.cafmobility.com 11

  12. Slide 12: Net profit increased by 36%, driven by increased activity and profitability

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS NET PROFIT INCREASED BY 36%, DRIVEN BY INCREASED BUSINESS ACTIVITY AND IMPROVED PROFITABILITY / Net profit approached €100m in

  13. Slide 13: Strong growth in consolidated revenue driven by bus segment

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS STRONG GROWTH IN CONSOLIDATED REVENUE DRIVEN BY THE SIGNIFICANT EXPANSION OF THE BUS SEGMENT / Railway revenue increased in the

  14. Slide 14: Rolling stock and maintenance services drive railway revenue

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS ROLLING STOCK MANUFACTURING AND MAINTENANCE SERVICES DRIVE RAILWAY REVENUE / Revenue from Integrated Solutions and Systems fell

  15. Slide 15: Solaris performs a record first half in deliveries and zero-emission share

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS SOLARIS PERFORMS A RECORD FIRST HALF IN BOTH DELIVERY VOLUMES AND THE SHARE OF ZERO-EMISSION VEHICLES / The first-half performa

  16. Slide 16: Improved profitability and strong earnings growth in the first half

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS IMPROVED PROFITABILITY AND STRONG EARNINGS GROWTH IN THE FIRST HALF OF THE YEAR / Solaris delivered a very strong improvement i

  17. Slide 17: Positive cash generation despite increased working capital and capex

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 2.2. CASH FLOW POSITIVE CASH GENERATION DRIVEN BY HIGHER EARNINGS DESPITE INCREASED INVESTMENT IN WORKING CAPITAL AND CAPEX EBITDA-CASH FLOW BRIDGE (€m) H1 2026 206 -130 -4

  18. Slide 18: Balance sheet strengthening through higher equity and net debt reduction

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 2.3. CONSOLIDATED BALANCE SHEET BALANCE SHEET STRENGTHENING THROUGH HIGHER EQUITY AND A REDUCTION IN NET DEBT (EUR million) 31/12/2025 30/06/2026 CAPEX (TANGIBLE + INTANGIB

  19. Slide 19: Strong and well-controlled financial position

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 2.3. CONSOLIDATED BALANCE SHEET STRONG AND WELL-CONTROLLED FINANCIAL POSITION / Stable NFD/EBITDA ratio and ample available liquidity NET FINANCIAL DEBT (€m) LIQUIDITY (€m)

  20. Slide 20: 3/ Stock Market Information

    3/ STOCK MARKET INFORMATION www.cafmobility.com 20

  21. Slide 21: CAF share price increased by 8% in the first half

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES CAF SHARE PRICE INCREASED BY 8% IN THE FIRST HALF OF THE YEAR / Analysts raised their target price for CAF and continue to predominantly recommend BUYING CAF shares CAF PER

  22. Slide 22: 4/ Sustainability

    4/ SUSTAINABILITY www.cafmobility.com 22

  23. Slide 23: Positive progress in execution of the Sustainability Master Plan

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES POSITIVE PROGRESS IN THE EXECUTION OF THE SUSTAINABILITY MASTER PLAN / Highlights in H1 2026 ENVIRONMENTAL SOCIAL GOVERNANCE • Progress in reducing Scope 2 emissions throug

  24. Slide 24: 5/ Outlook

    5/ OUTLOOK www.cafmobility.com 24

  25. Slide 25: CAF reaffirms 2026 outlook, preparing for 2027–2030 strategic cycle

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 5. OUTLOOK CAF REAFFIRMS ITS 2026 OUTLOOK AND IS PREPARING FOR THE NEXT 2027–2030 STRATEGIC CYCLE / The new Strategic Plan will be presented to the market in the fourth qua

  26. Slide 26: 6/ Appendices

    6/ APPENDICES www.cafmobility.com 26

  27. Slide 27: 6.1 Details of Order Intake

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 6.1 DETAILS OF ORDER INTAKE / Contracts announced and included in the order backlog in the period from January - June 2026 DATE PROJECT COUNTRY BUSINESS/ACTIVITY DESCRIPTIO

  28. Slide 28: 6.2 Additional Financial Information

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 6.2 ADDITIONAL FINANCIAL INFORMATION EQUITY BRIDGE (€m) 99 8 (1) -52 0 1.043 1,043 988 Equity 31/12/2025 Net attributable result Traslation differences Dividends Other chan

  29. Slide 29: 6.3 Agenda

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 6.3 AGENDA Conferences and Roadshows Publication of Results • 9 September 2026 • 12 November 2026 Autumn Conference Kepler Cheuvreux (Paris) Publication of 9M 2026 Results

  30. Slide 30: 6.4 Alternative Performance Measures (APMs)

    1. H1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. STOCK MARKET INFORMATION / 4. SUSTAINABILITY / 5. OUTLOOK / 6. APPENDICES 6.4 ALTERNATIVE PERFORMANCE MEASURES (APMs) In addition to the financial information The breakdown of all APMs used in this prepared in accordance with the generally docume

  31. Slide 31: Trust in Motion

    www.cafmobility.com TRUST IN MOTION

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