Ernst Russ Ag · XETR:ERAG
Ernst Russ — HIT - Hamburger Investorentage 2025
13 slides from Ernst Russ's conference presentation, Aug 28, 2025
Slide 1: HIT - Hamburger Investorentage
ERNST RUSS AG HIT - Hamburger Investorentage 28 August 2025
Slide 2: Agenda
ERNST RUSS AG HIT 2025 Agenda 1 Introduction Ernst Russ 2 Market Update 3 Financials H1 2025 4 Company Update
Slide 3: Global container shipping supply chain
ERNST RUSS AG HIT 2025 Global container shipping supply chain VALUE CHAIN WHO SCOPE Production of goods to be Manufacturer shipped in containers ∼219.6 m TEU transported by sea** Operators Container shipping and logistics services, including ∼ 4,300 vessels* distribution (ports and dealers), termina
Slide 4: Ernst Russ´ role in international shipping
ERNST RUSS AG HIT 2025 Ernst Russ´ role in international shipping “Manage the Manager” Subcontractors: Ship owner Commercial management Technical Management/ Insurance / Crewing Financing Quality assurance Charter rate Shipper $ Customer Freight rate $ Shipping line 4
Slide 5: Container Shipping – Charter Market
ERNST RUSS AG HIT 2025 Container Shipping – Charter Market Development of freight and charter rates Market Overview: 6.000,00 Geopolitical Impact: Red Sea closure causes ships circumvention of Africa. 5.000,00 Longer transits reduce available capacity. 4.000,00 Trade policies: US policies lead to st
Slide 6: Fleet KPIs H1 2025
ERNST RUSS AG HIT 2025 Fleet KPIs H1 2025 26 19 x Container-Feeder Vessels on Water (800-3,000 TEU) 4x Cont. Intermediate 16.8 years (3,000-5,000 TEU) ∅ Age (30.06.2025) 1x Cont. Neo Panmax (10,000-15,000 TEU) 691,564 dwt 1x Multipurpose Capacity (13,000 dwt) %% 1x %%Bulker (40,000dwt) 97.3 % Utiliz
Slide 7: Financial KPIs H1 2025
ERNST RUSS AG HIT 2025 Financial KPIs H1 2025 Financial KPIs Closer Look: Revenue Revenue H1 2025: EUR 79.8 m $ ≈ USD 520 m Market value fleet (30.06.2025) Fixed Revenue Backlog of USD 281 m as of 30 June 2025 %% EUR 71.3 m € Diversification across a wide range of EBITDA H1 2025 charterers Balanced
Slide 8: Ernst Russ Journey and Performance
ERNST RUSS AG HIT 2025 Ernst Russ Journey and Performance Forecast and H1 Revenue in EUR m EBITDA [adjusted]* in EUR m 192 203 173 93 95 101 91 H1: 80 56 39 H1: 39 11 2020 2021 2022 2023 2024 2025 Avg. Number of vessels (reporting period) 14 18 29 30 29 27 Average charter rate p.d. in USD OPEX p.d.
Slide 9: Financial Forecast 2025
ERNST RUSS AG HIT 2025 Financial Forecast 2025 EUR 147-167 m 97.7 % Revenue Utilization Thereof contracted: EUR 145.5 m (2024: EUR 172.7 m) (2024: 96.4 %) EUR 43-73 m EUR 75-105 m EBIT from ship operations EBIT incl. vessel sales (2024: EUR 65.8 m) (2024: EUR 67.7 m) 9
Slide 10: Strategic Focus 2025
ERNST RUSS AG HIT 2025 Strategic Focus 2025 Generate Increase the visibility Reduce non-strategic minority sustainable profitability of the share interests in the fleet Shipping markets present unexpected Greater visibility aims at leveraging the Reducing the minority interests in the geopolitical a
Slide 11: Share and Investor Relations
ERNST RUSS AG HIT 2025 Share and Investor Relations Shareholder structure with strong partner Extended Research Coverage Döhle Group J.P.&J.D. Döhle Montega AG (Initital Study published in June, „Buy“, 24.7% Free Float target price 10.00 EUR) 38.5% 33.7 m mwb Research (Initital Study published in Ap
Slide 12: Disclaimer
ERNST RUSS AG HIT 2025 Disclaimer This presentation has been prepared by Ernst Russ AG („Company“) and comprises the written materials/slides for a presentation concerning the Company. By attending this presentation and / or reviewing the slides you agree to be bound by the following conditions. The
Slide 13: Vielen Dank für Ihre Aufmerksamkeit!
ERNST RUSS AG Vielen Dank für Ihre Aufmerksamkeit! Ernst Russ AG Picture title and back: Adobe Stock © Mariusz Elbchaussee 370 22609 Hamburg Germany ir@ernst-russ.de | +49 40 8888 1 1800