Ideal Holdings S.a. · ATHEX:INTEK
Ideal — FY2025 Earnings Presentation
20 slides from Ideal's earnings presentation, February 2026
Slide 1: FY 2025 Financial Results
FY 2025 Financial Results February 2026
Slide 2: I. FY 2025 Overview
H O L D I N G S I. FY 2025 Overview
Slide 3: 2025 Key Highlights
2025 Key Highlights Investments ▪ Completion of acquisition of 100% of Barba Stathis, for €130m. ▪ EBITDA growth across all businesses; Financial ▪ Comparable EBITDA, at €58.0m vs. €39.3m in FY 2024, due to both organic growth & M&A; Performance ▪ Comparable EBT at €36.7m vs €23.9m in FY 2024; ▪ Com
Slide 4: Shareholders’ Reward
Shareholders’ Reward ▪ Shareholders’ reward, with aggregate 4-year capital Capital Return to Shareholders return of €1.13/share; ▪ Total distribution of €54.2 million, equal to 16.5% of €54.2m €8.4m IDH current Market Cap*. €21.6m 1,13 0,15 ▪ Throughout 2025 IDEAL Holdings continued €9.6m implementi
Slide 5: II. attica
H O L D I N G S II. attica
Slide 6: attica Comparable Financials
attica Comparable Financials Revenues EBITDA & Margin Statutory EBITDA (IFRS 16) EAT € mil +5% € mil € mil € mil +11% +10% 244.2 +18% 231.9 30.4 46.4 27.4 42.2 18.5 15.6 11.8% 12.4% FY 2024 FY 2025 FY 2024 FY 2025 FY 2024 FY 2025 FY 2024 FY 2025 Debt/ Cash Customer visits Physical stores sales / NLA
Slide 7: attica Business Overview
attica Business Overview 2025 Performance ▪ Sales increased by +5% vs 2024 despite the market negative trend; ▪ Tax free sales up by +5%, while e-shop increased by +29%; ▪ Footfall slightly higher (+1% vs FY 2024) while transactions increased by +4% (higher conversion rate); ▪ Ongoing addition of co
Slide 8: III. BYTE Group
H O L D I N G S III. BYTE Group
Slide 9: BYTE Group Comparable Financials
BYTE Group Comparable Financials Revenues EBITDA & Margin EAT € mil € mil € mil -9% +13% +19% 116.0 15.2 106.0 13.4 9.8 14.3% 8.2 11.5% FY 2024 FY 2025 FY 2024 FY 2025 FY 2024 FY 2025 Debt/ Cash Revenue breakdown by sector Revenue breakdown by service € mil 11% (24.3) 6% Integration Cloud & 39% 34%
Slide 10: BYTE Group Business Overview
BYTE Group Business Overview 2025 Performance ▪ EBITDA and EBT increased by 13% and 16% respectively, despite revenues being lower by -9% vs 2024, due to large one-off IT infrastructure projects (low-margin). ▪ Strategic shift towards higher-margin, value-added projects to increase profitability and
Slide 11: IV. Barba Stathis
H O L D I N G S IV. Barba Stathis
Slide 12: Barba Stathis Comparable Financials
Barba Stathis Comparable Financials Revenues EBITDA & Margin EAT € mil +7% € mil € mil +5% 120.5 129.1 +19% 13.9 14.5 6.2 5.2 11.5% 11.2% FY 2024 FY 2025 FY 2024 FY 2025 FY 2024 FY 2025 Debt/ Cash Revenue analysis by category Revenue growth contribution 3% € mil € mil 129.1 12% 1.1 37.0 2.3 -0.2 34.
Slide 13: Barba Stathis Business Overview
Barba Stathis Business Overview 2025 Performance ▪ Record year for Sales (+7% vs 2024 –primarily volume-driven and secondarily mix, with positive impact on category growth) despite intense competitive pressure from PLs and increased consumer price sensitivity. ▪ Revenue increased across all product
Slide 14: V. Strategy 2026 - 2028
H O L D I N G S V. Strategy 2026 - 2028
Slide 15: Strategy 2026 - 2028
Strategy 2026 - 2028 • Disciplined investment strategy, proven track record, average IRR: 50% 102.5* 282.5* returns of c.2.1x CoC since May 2021 135.0* 115.5 18.6 CoC: 2.1x 45.9 • IDH targeting returns of IRR >15% or 2.0x CoC for future asset * Denotes 25% of Initial 3Cents Astir Dividends OHA Net s
Slide 16: VI. Appendices
H O L D I N G S VI. Appendices
Slide 17: IDEAL Holdings Structure December 2025
IDEAL Holdings Structure December 2025 IDEAL Merged with Technology Holdings Distribution 75% Metrosoft Distribution 100% Corporate 25% Vehicle 100% 100% 100% Department Stores Frozen Vegetables Systems Integration 90% 100% 75% Cybersecurity Cloud Migration Steamed Vegetables FY 2025 Financial Resul
Slide 18: Distribution & Holdings Comparable Financials
Distribution & Holdings Comparable Financials Revenues EBITDA EAT € mil € mil € mil -43% +4% -37% 2.2 41.0 42.6 2.9 Distribution Financials 1.8 1.3 FY 2024 FY 2025 FY 2024 FY 2025 FY 2024 FY 2025 Revenues EBITDA Net Debt/ (Cash) € mil € mil € mil +4% 23.9 Holdings & 41.0 42.6 Distribution Financials
Slide 19: Consolidated Comparable Financials
Consolidated Comparable Financials P&L Statement Comparable vs Statutory € mil FY 2024 FY 2025 Δ Revenue (€ mil) FY 2024 FY 2025 Revenue 380.3 513.4 +35% Comparable Revenue 380.3 513.4 COGS (252.2) (340.1) Acquisition time difference1 (6.0) (32.1) Gross Profit 128.1 173.3 +35% Statutory Revenue 374.
Slide 20: Disclaimer
Disclaimer H O L D I N G S Important Notice This presentation has been prepared by IDEAL Holdings S.A. solely for informational purposes for its public stockholders in connection with evaluating the business, operations and financial results of IDEAL Holdings S.A. and its subsidiaries (collectively,