Txt E-solutions S.p.a. · MIL:TXT
Txt E-solutions — TXT Group — Le Eccellenze del Made in Italy – Milan, hosted by Intermonte (October 2026)
16 slides from Txt E-solutions's conference presentation, Oct 1, 2026
Slide 1: TXT Group: Corporate Presentation
1 TXT Group: Corporate Presentation Le Eccellenze del Made in Italy – Milan Hosted by INTERMONTE October 1, 2026 Daniele MISANI, CEO Andrea FAVINI, IR
Slide 2: Scaled Digital Innovation for the Enterprise
Scaled Digital Innovation for the Enterprise 2 Your Global Digital Enabler LARGE Organizations TXT has always been a pioneer in Digital Innovation. Founded in 1989, since 2000 it has been listed in Milan Stock Exchange, Star Segment. In 2018 a new course has been started, with a plan of accelerated
Slide 3: TXT Group at a Glance
TXT Group at a Glance 3 USA CANADA UK NL CH DE Seattle Montreal Bristol Delft Chiasso Köln Stans Berlin €394m Revenues FY 2025 Lucerna Munich Solid Financial structure SINGAPORE Guaranteed by operating excellence & innovation July 2000 Listed on the Italian 20+ Stock Exchange Locations Worldwide STA
Slide 4: The End-to-End Technology Stack: From Advisory to Complex Execution
The End-to-End Technology Stack: 4 From Advisory to Complex Execution 17% of Business ; % EBITDA ~ 14% * 60% of Business ; % EBITDA ~ 13% * 23% of Business ; % EBITDA ~ 23% * *Percentages of business incidence and EBITDA margin by offering segment reported are those for FY-25 (consolidated results)
Slide 5: Strategic Industry Positioning: Focusing Growth on High-Margin, Mission-Critical Verticals
Strategic Industry Positioning: 5 Focusing Growth on High-Margin, Mission-Critical Verticals FY-24 Rev. FY-27 Rev. H1-26 Rev. Pro-Forma LFL Target YoY Growth (€360m) (€475m) (+21%) +28% +27% +18% +19% +7% +18%
Slide 6: The M&A Flywheel: A Scalable Network Governance Model
The M&A Flywheel: 6 A Scalable Network Governance Model A systematic approach to compounding enterprise value without bloating central operations
Slide 7: TXT Industrial Plan 2025-2027
TXT Industrial Plan 2025-2027: 7 Sustaining 15% margins while leveraging an M&A to push 2027 revenues beyond €600M Core Identity Revenues Evolution (€M) EBITDA (€M) & Margin Stability Digital Innovation Player 100 Consistent 15% targeting LARGE Organizations. 607 EBITDA Margin 15% 15% Strict focus o
Slide 8: FY-2026 Updated Outlook
FY-2026 Updated Outlook: 8 Acceleration towards the 2025–2027 Industrial Plan Target Pro-Forma Revenues Consolidated €0.5 Bn Consolidated Revenues EBITDA 15% Organic Growth >€470 Mn >€70 Mn FY-26 >15%
Slide 9: Financials & Market Data
TXT Financials & Market Data
Slide 10: Profit & Loss FY 2025
REVENUES 394,330 100 304,545 100 Direct costs 243,989 61.9 202,385 66.5 GROSS MARGIN 341 38.1 102,160 3. Research and Development costs 23,280 5.9 14,879 49 Commercial costs 38,845 9.9 27,176 8.9 General and Administrative costs 28,190 71 20,945 6.9 60,026 15.2 39,160 12.9 Amortization, Depreciation
Slide 11: Profit & Loss H1-26: KPIs by Offering
€ thousand H1 2026 % H1 2025 % Var % 11 REVENUES 228,045 100 189,095 100 20.6 Direct costs 144,556 63.4 116,823 61.8 23.7 GROSS MARGIN 83,489 36.6 72,272 38.2 15.5 Research and Development costs 12,506 5.5 11,780 6.2 6.2 Commercial costs 21,892 9.6 19,104 10.1 14.6 General and Administrative costs 1
Slide 12: Profit & loss H1-2026
€ thousand H1 2026 % H1 2025 % Var % EBITDA 34,201 15.0 27,541 14.6 24.2 D&A, Write-offs (Excl. PPA, one-off tax items) 6,419 2.8 5,041 2.7 27.3 OPERATING PROFIT (EBIT) ADJ. 27,782 12.2 22,500 11.9 23.5 Net Financial income/(charges) (4,300) (1.9) (3,810) (2.0) 12.9 EBITDA to Net Profit Bridge Share
Slide 13: Solid financial position
13 .000 Euro 30.06.2026 31.12.2025 Var Cash (102,769) (102,739) (30) Trading securities at fair value (16,685) (11,433) (5,251) Other Short Term Financial Assets (320) (320) - Short term Financial Debts 78,539 69,069 9,470 olid financial position Short term Financial Debts (41,234 ) (45,423 ) 4,188
Slide 14: Balance Sheet: details
14 € thousand 30.06.2026 31.12.20025 Change Intangible assets 199,624 181,473 18,151 Tangible assets 32,926 33,911 (985 ) Other fixed assets 22,304 28,439 (6,135 ) Fixed Assets 254,854 243,823 11,031 _Balance Sheet: details Inventories 37,619 28,638 8,982 Trade receivables 133,940 127,493 6,447 Othe
Slide 15: Dividends & Shareholding
Shareholding Structure Jun. 30th, 2026* Dividends and Treasury Shares Repurchase (€m) * Latest Public Data Available as of 30 Jun. 2026 Dividends & Shareholding Treasury 18 15,4 Shares; 3% 16 L.V.O. Global Asset Laserline 14 Management S.A. SpA; 30% 12 3% 10 8,4 7,9 8 6,8 13,3 7,1 Market; 1 5,3 5,5
Slide 16: Ls TXT
Ls TXT
TXT Group — Le Eccellenze del Made in Italy – Milan, hosted by Intermonte (October 2026) on 6ix