Rapala Vmc Oyj · OMXHEX:RAP1V

Rapala Vmc Oyj — H1 2026 Earnings Presentation

9 slides from Rapala Vmc Oyj's earnings presentation, 2026

  1. Slide 1: Half 2026

    1 HALF 2026 st

  2. Slide 2: H1 2026 Highlights

    H1 2026 HIGHLIGHTS North America drove sales growth  January-June net sales were 134.8 MEUR, up 11% with comparable currencies  Strong North American replenishment demand (H1 +19% with comparable currencies) offset softer European market conditions, supporting overall sales performance Profitabili

  3. Slide 3: Short Term Outlook

    SHORT TERM OUTLOOK  Rapala VMC expects 2026 full year comparable operating profit (excluding mark-to-market valuations of operative currency derivatives and other items affecting comparability) to be in the range of 12 to 14 MEUR (2025: 8.4 MEUR).  While macroeconomic uncertainty persists amid geo

  4. Slide 4: Strong sales dynamics in North America

    Strong sales dynamics in North America Net sales H1 (MEUR) Net sales quarterly (MEUR) % of Net sales +5.2 (+9%) +9.3 (+7%) +5.4 (+9%)* +13.5 (+11%)* Rest of the World 10 % North Europe America 69,5 33 % 57 % 134,8 65,3 65,3 120,5 125,5 58,9 61,7 60,1 54,8 51,2 49,2 47,2 2024 H1 2025 H1 2026 H1 Q1 Q2

  5. Slide 5: Strong sales dynamics in North America

    Strong sales dynamics in North America North America (MEUR) North America  Comparable Q2 sales increased by 18% and landed at 36.7 MEUR. 2024 H1 61,4  Sales in the North American market remained strong in the second quarter, building on the strong performance in the first quarter. +8.3 (+12%) 69,0

  6. Slide 6: Improved profitability

    Improved profitability Comparable operating profit H1 (MEUR, % of sales) Comparable operating profit quarterly (MEUR) +4.8 +2.6 (+57%) (+87%) 7,8 13,5 5,6 5,6 4,1 10,0% 3 2,1 1,5 8,6 0,2 6,9% -0,2 -1,7 6,2 5,1% 2024 H1 2025 H1 2026 H1 Q1 Q2 Q3 Q4 2024 2025 2026  The improved profitability was prima

  7. Slide 7: Cashflow remains the number one priority

    Cashflow remains the number one priority Inventory (MEUR, % of sales) Cash flow from operations quarterly (MEUR) Cash flow from operations +5.0 90 -2.1 (+32%) MEUR H1/26 H1/25 FY2025 (-3%) 45% Adjusted net profit 22.8 15.6 20.9 80 37,8 % 36,4 % Net financial items & taxes -4.3 -4.7 -9.1 33,8 % 20,5

  8. Slide 8: De-leveraging progressing

    De-leveraging progressing Net interest-bearing debt quarterly (MEUR) Gearing (%) 100 +1.4 Ratio 6,0 75 4,5 +1.8 pp. 50 3,0 80,3 77,7 72,6 72,9 59,9 61,8 58,6 62 60,1 25 55,9 1,5 36,9 % 39,2 % 41,0 % 0 0,0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 H1 2025 H1 2026 H1 2024 2025 2026 Total Covenant leverage le

  9. Slide 9: Making memories since 1936

    Making memories since 1936

Rapala VMC — H1 2026 Earnings Presentation on 6ix