Environmental Group Limited · ASX:EGL
Environmental — H1 FY2026 Earnings Presentation
18 slides from Environmental's earnings presentation, Feb 18, 2026
Slide 1: 1H FY26 Financial Results Presentation
1H FY26 Financial Results Presentation February 2026
Slide 2: Disclaimer
The Environmental Group Limited advises that these presentation slides contain forward looking statements which may be subject to significant uncertainties outside of EGL’s Disclaimer control. No representation is made as to the accuracy or reliability of forward-looking statements or the assumption
Slide 3: Agenda
Agenda 01 Results highlights 02 Operating units 03 Outlook 04 Questions 3
Slide 4: Results highlights
01 Results highlights 4
Slide 5: 1H FY26 Results Highlights
1H FY26 Results Highlights $58.9M $4.9M $2.9M Revenue up 8.6% on prior Underlying1 EBITDA up Underlying1 EBIT up comparable period (pcp) 25.9% on pcp 16.5% on pcp $17.4M 54.3% 205,049 Gross profit up 21.7% Revenue is recurring, Hours worked with zero from pcp largely service and LTI’s maintenance 1
Slide 6: 1H FY26 Results Highlights and Commentary
1H FY26 Results Highlights 1H FY26 results commentary ▪ Revenue up 8.6% to $58.9M, demonstrating continued growth during Revenue, $m a period of business transition and ERP upgrades. 140.0 111.9 ▪ EBITDA up 25.9% to $4.9M — reinforces the strength of the underlying business. 120.0 100.0 80.0 57.7 +8
Slide 7: Underlying Results by Division
Underlying Results 1H FY26 Underlying 1H FY25 Underlying pcp by Division EBITDA Margin 1H FY26 EBITDA Margin 1H FY25 Revenue EGL Energy $34.1M $24.4M $9.7M EGL Baltec $13.8M $19.8M ($5.9M) EGL Clean Air $9.3M $9.6M ($0.3M) EGL Waste $2.3M $0.6M $1.7M Corporate/Intersegment Eliminations ($0.6M) ($0.1
Slide 8: Majority of EGL's revenue is contracted
1H FY26 Results Highlights Majority of EGL’s revenue is contracted EGL revenue mix over time +32.9% recurring CAGR • 54.3% of EGL’s revenue is recurring in nature. 111.9 • Includes maintenance service contracts, routine servicing, ad-hoc 98.3 repairs, spare parts, and water processing service charge
Slide 9: Operating units
02 45 Operating un ‘lin rea units m
Slide 10: EGL Energy
EGL Energy 1H FY26 results commentary ▪ EGL Energy delivered an outstanding half-year result. Revenue, $m +39.8% to pcp ▪ Core recurring revenue source with approximately 14,000 34.1 boiler services completed each year, contributing ~69% of 24.4 recurring revenue. ▪ Advanced Boilers has continued it
Slide 11: EGL Baltec
EGL Baltec 1H FY26 results commentary Revenue, $m (30.1%) to pcp ▪ Coming off the back of a record pcp, project timing contributed to the revenue reduction in the half. 19.8 ▪ Several projects were secured in the second quarter with 13.8 engineering now completed. ▪ These projects now move into fabr
Slide 12: EGL Clean Air
EGL Clean Air 1H FY26 results commentary Revenue, $m (3%) to pcp ▪ EGL Clean Air saw changed and improved market conditions through the course of 1H FY26. 9.6 9.3 ▪ Site consolidation and restructuring has been implemented to prepare the business for future growth. ▪ EGL received an order for the en
Slide 13: EGL Waste Services
EGL Waste Services 1H FY26 results commentary Revenue, $m +308.2% to pcp ▪ EGL’s PFAS Extraction Technology has achieved a major 2.3 milestone with the construction and installation of a large- scale PFAS plant, which is currently in the process of being commissioned. ▪ EGL also have several additio
Slide 14: Outlook
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Slide 15: FY26 Outlook
FY26 Outlook ▪ EGL confirms its guidance of increased earnings of 15% to 20% on FY25 normalised EBITDA. ▪ EGL expects its growth initiatives and recent investment in ERP implementation and operational consolidation to deliver improved earnings and profitability going forward, despite temporary imple
Slide 16: Questions
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Slide 17: Appendix A: Reconciliation of Statutory (4D) to underlying results
Reconciliation of Statutory (4D) to underlying results 1H FY26 ($M) Statutory 4D Significant Items Underlying Results Revenue 58.9 58.9 Appendix A Costs of sales Gross profit (41.5) 17.4 (41.5) 17.4 Employee expenses (8.5) 0.3 (8.2) Professional fees (0.9) (0.9) Travel expenses (1.2) (1.2) Marketing
Slide 18: Head Office
HEAD OFFICE Suite 2.01 | Level 2 315 Ferntree Gully Road Disclaimer Mount Waverley Victoria 3149 The Environmental Group Limited advises that these presentation slides contain forward looking Phone: 03 9541 8699 statements which may be subject to significant uncertainties outside of EGL’s control. N
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