Ekter S.a. · ATHEX:EKTER
Ekter — H1 2025 Earnings Presentation
23 slides from Ekter's earnings presentation, Sep 30, 2025
Slide 1: H1 2025 Financial Results
H1 2025 Financial Results September 30, 2025 1 1
Slide 2: Table of contents
Table of contents 01 Overview 02 Financial Results 03 The Share 04 Annex 2
Slide 3: Overview
O | Overview
Slide 4: During H1 2025, EKTER S.A. continued to undertake, execute and deliver important projects
During H1 2025, EKTER S.A. continued to undertake, execute and deliver important public and private projects Q1 2025 Q2 2025 Q3 2025 • Radiotherapy – chemotherapy center and renovation of the • Expansion of the Emergency Department and construction • Completion of the project for the expansion, clin
Slide 5: 7th grade contractor's degree application status
All criteria have been met and the submission of the application for the 7th grade contractor’s degree is now imminent MINIMUM CRITERIA STATUS Equity >€44mn Three-year turnover >€88mn Fixed assets >€15mn 7 executives with a Class D Constructors Experience Register (CER) degree or equivalent combinat
Slide 6: Financial Results
O ) mlatelalelte) Results
Slide 7: Strong financial performance with surging results and further improvement of financial structure
Strong financial performance with surging results and further improvement of an already solid financial structure Turnover Gross Profit EBITDA Backlog €41.9mn €7.2mn €7.1mn €123mn (+18.1% y-o-y) (+116.0% y-o-y) (+154.2% y-o-y) (30.09.2025) Gross Profit EBITDA Margin 17.2% 16.9% (+780bps y-o-y) (+903
Slide 8: Larger sized projects and rapid execution led to a significant increase in turnover
Larger sized projects and rapid execution led to a significant increase in turnover Turnover (€ '000) Turnover Breakdown +18.1% Hospitality1 41.863 2,6% Private Projects 35.445 7,0% €41.9mn Public Projects 90,4% 30.06.2024 30.06.2025 1. Due to the intense seasonality of hospitality industry, the fir
Slide 9: Backlog remains consistently above €100mn, enhancing turnover visibility
Backlog remains consistently above €100mn, enhancing turnover visibility in the medium term Backlog (€ ‘000) Backlog Breakdown1 122.981 105.686 Private €123.0mn Projects Public 47% Projects 53% 31.12.2024 30.09.2025 1. Backlog includes only signed projects. Projects to be signed are excluded. 9
Slide 10: Gross profit and gross profit margin boosted by project quality and execution
The quality of projects undertaken and their effective execution, boosted gross profit and gross profit margin Gross Profit (€ ‘000) Gross Margin (%) +116.0% +780bp 7.209 17,2% 9,4% 3.338 30.06.2024 30.06.2025 30.06.2024 30.06.2025 10
Slide 11: EBITDA and EBITDA margin more than double
Increased gross profit and cost containment led EBITDA and EBITDA margin to more than double EBITDA (€ '000) EBITDA Margin (%) Earnings after taxes (€ ‘000) +154.2% +903bps -13.2% 7.060 16,9% 5.195 4.511 7,8% 2.777 Non-recurring profit from acquisition of subsidiary €4.3mn 30.06.2024 30.06.2025 30.0
Slide 12: Further strengthening of capital base and liquidity, reduction of bank loans
Further strengthening of capital base and liquidity, reduction of bank loans, with cash exceeding debt obligations Equity (€ '000) Net Debt (€ '000) Working Capital (€ '000) +10.3% +29.5% 4.503 48.602 24.440 44.080 18.877 -1.157 31.12.2024 30.06.2025 31.12.2024 30.06.2025 31.12.2024 30.06.2025 12
Slide 13: Notable increase of operating cash flows and high conversion ratio of profits to cash flows
Notable increase of operating cash flows and particularly high conversion ratio of profits to cash flows 6765,0 -311,0 -249,0 14722,0 -1657,0 10175,0 Amounts in € ‘000 Cash 31.12.2024 Operating Cash Flows Changes in WC Investing Activities Financing Activities Cash 30.06.2025 Before Changes in WC 13
Slide 14: The Share
The Share 14
Slide 15: The Share
The Share 3 Number of Shares 26,878,682 Shareholders Structure (%) Share Type Common Registered 2,5 ISIN GRS222213001 Sipsas EKTER (ATHEX) Athanasios Symbols EKTER GA (Bloomberg) 19,4% 2 Indices DOM, FTSEA, FTSE_IN, GD, SAGD Share Price Polykratis S.A. 1,5 29.09.2025 €2.16 12,4% Free Float 59,4% Mar
Slide 16: Annex
Annex
Slide 17: Statement of Financial Position
Statement of Financial Position (amounts in €) GROUP COMPANY ASSETS 30.06.2025 31.12.2024 30.06.2025 31.12.2024 Own-used tangible fixed assets 32,529,382 32,788,682 32,529,382 32,788,682 Investment property 7,975,500 7,975,500 7,920,500 7,920,500 Right to use assets 365,136 438,280 365,136 438,280 O
Slide 18: Statement of Comprehensive Income
Statement οf Comprehensive Income GROUP COMPANY (amounts in €) 01.01 - 30.06.2025 01.01 - 30.06.2024 01.01 - 30.06.2025 01.01 - 30.06.2024 Turnover 41,862,741 35,444,579 41,862,741 34,441,689 Cost of sales (34,653,717) (32,106,607) (34,653,717) (30,263,661) Gross Margin 7,209,023 3,337,973 7,209,023
Slide 19: Statement of Cash Flows
Statement of Cash Flows GROUP COMPANY (amounts in €) 01.01 - 30.06.2025 01.01 - 30.06.2024 01.01 - 30.06.2025 01.01 - 30.06.2024 Cash Flows from Operating Activities Profit (loss) Before Taxes 6.001.033 5.769.177 5.901.289 2.493.635 Adjustments for: Results from investment activity - (4.339.933) - -
Slide 20: Backlog
Backlog EKTER S.A. (%) PROJECT BACKLOG PARTICIPATION (in € ’000) HOTEL COMPLEX INFINITY SIX SENSES PORTO HELI 100% 26,509 “HUB OF INNOVATION AND ADVANCED EDUCATION IN HERAKLION, CRETE” (SUBPROJECT 13) AND “EXPANSION OF THE BUILDING INFRASTRUCTURE OF THE INSTITUTE OF MEDITERRANEAN STUDIES OF TRI (RET
Slide 21: Contact Details
Contact Details Apostolos Bakogiannis Kostantinos Sipsas Bouzas Artemios Darzentas General & Technical Director Chief Executive Officer Investor Relations Officer Nikis 15, Athens, 10557 Τηλ.: 210 3259700 | e-mail: ekter@ekter.gr www.ekter.gr 21
Slide 22: Disclaimer
Disclaimer This presentation may contain forward-looking statements, which are based on estimates and assumptions about expected developments and other factors that affect the company. These estimates are not historical facts and do not constitute a guarantee for the future performance of the compan
Slide 23: Thank you!
Thank you! 23