B&c Speakers S.p.a. · MIL:BEC
B&c Speakers — H1 2026 Earnings Presentation
17 slides from B&c Speakers's earnings presentation, 2026
Slide 1: H1 2026 Results Investors Presentation
H1 2026 Results INVESTORS PRESENTATION Global leader in professional electroacustic transducers
Slide 2: Index
H1 2026 Results INDEX Today's Speakers H1 2026 Key Facts H1 2026 Financial Results Key Takeaways Appendix 2
Slide 3: Today's Speakers
H1 2026 Results TODAY’S SPEAKERS Lorenzo Coppini, CEO Francesco Spapperi, CFO Lorenzo Coppini began his He has been working at B&C career at B&C Speakers in since 2007 as the Manager 1993 responsible for preparing mandatory accounting He joined the Board of documents Directors in 1995, where he was
Slide 4: Key Facts
H1 2026 Results KEY FACTS ▪ Good operational resilience: EBITDA margin remains close to 20% ▪ Significant increase of net profit (+8% YoY, with a margin of 13%) ▪ Strong cash flow generation (FCF of Euro 5.1 million), after dividend payment of Euro 7.6 million ▪ Europe remains the Group's leading ge
Slide 5: Key Financial Highlights
H1 2026 Results KEY FINANCIAL HIGHLIGHTS Euro 47.0 M Euro 9.1 M Euro 6.2 M Euro 4.7 M Total revenues EBITDA Net profit Net financial debt Sales trend reflects 19.4% margin is in the 13.1% margin is in line Reflecting dividend greater caution in range of historical with the average recent customers’
Slide 6: P&L H1 26: Revenues & Gross Margin
H1 2026 Results P&L H1 26: REVENUES & GROSS MARGIN Revenues Gross Margin €/million €/million Operating resilience • Broad geographic diversification helped to mitigate geopolitical and commercial uncertainty • Substantial stability of gross margin reflecting ability to adapt operating structure to m
Slide 7: P&L H1 26: Revenues Geographic Breakdown
H1 2026 Results P&L H1 26: REVENUES GEOGRAPHIC BREAKDOWN H1 25 H1 26 • Europe (exc Italy) still the Group’s largest market (50% of revenues), ahead of North America (18%) and Asia-Pacific (14%) • Growth across Italy (+44%) and Latin America (+26%) reinforces the Group's geographic diversification st
Slide 8: P&L H1 26: EBITDA, EBIT & Net Result
H1 2026 Results P&L H1 26: EBITDA, EBIT & NET RESULT EBITDA EBIT Net Result €/million €/million €/million Profitability protection • Profitability levels preserved by tight cost control activities • Disciplined cost control and lower financial charges driving net profit growth and a 13.1% net margin
Slide 9: Balance Sheet Highlights H1 2026
H1 2026 Results BALANCE SHEET HIGHLIGHTS H1 2026 Net Financial Position NWC €/million €/million • NFP reflecting dividend payment of Euro 7.6 million • Growth of net working capital mainly driven by higher inventory 9
Slide 10: Cash Flow H1 2026 Bridge
H1 2026 Results CASH FLOW H1 2026 BRIDGE • FCF of Euro 5.1 million in the first half of the year • Group's ability to convert earnings into cash confirmed Recurring cash generation remains a hallmark of B&C Speakers enabling the Group to balance growth investments, financial solidity and shareholder
Slide 11: Outlook & Key Takeaways
H1 2026 Results OUTLOOK & KEY TAKEAWAYS ▪ Limited visibility on H2, with performance potentially softer than H1 ▪ B&C Speakers continues to manage the business with industrial flexibility, operating discipline and tight cost control, while maintaining a clear focus on medium- to long-term growth ini
Slide 12: Appendix
Appendix
Slide 13: Profit & Loss H1 2026
Appendix PROFIT & LOSS H1 2026 13
Slide 14: Balance Sheet H1 2026
Appendix BALANCE SHEET H1 2026 14
Slide 15: Cash Flow H1 2026
Appendix CASH FLOW H1 2026 (€ thousands) A- Net current bank balances at the beginning of the period B- Cash flow from operating activities o Cash flow from investing activities D- Cash flow from financing activities E- Cash flow for the period (B+C+D) F- Cash and cash equivalents at end of the peri
Slide 16: Safe Harbour Statement
SAFE HARBOUR STATEMENT Certain statements in this slide show, including those addressing the Company’s beliefs, plans, objectives, estimates or expectations of possible future results or events, are forward-looking statements. They are based on the assumptions, beliefs and expectations of our manage
Slide 17: Contacts
CONTACTS Investors Relations Office Lorenzo Coppini - CEO and IR Via Poggiomoro, 1 – Vallina, Francesco Spapperi - CFO Bagno a Ripoli (FI), 50012, Italy Davide Norelli - Controller Phone: +39 055 6572303 IR Advisor My Twin Communication bcspeakers@mytwincommunication.com E-mail investors@bcspeakers.