Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — Q1 2026 Earnings Presentation
23 slides from Manitou Bf Sa's earnings presentation, Apr 28, 2026
Slide 1: Q1 2026 Revenue
Q1 2026 Revenue Céline Brard Michel Denis Chief Financial President Officer & CEO
Slide 2: Tribute to Mr. Marcel Braud and Mrs. Jacqueline Himsworth
Tribute to Mr. Marcel Braud and Mrs. Jacqueline Himsworth Marcel Braud 1932–2026 Jacqueline Himsworth 1943–2026 2
Slide 3: Q1 Key Messages
Q1 Key Messages Strong increase in revenue, driven by a very positive volume effect. Order intake up compared to Q1 2025, driven by sustained demand in Europe. • Consolidated revenue of €648m in Q1 2026, up substantially by +8.0% compared to Q1 2025, +10.2% at constant scope and exchange rates • Ord
Slide 4: Market environment and external factors
Market environment and external factors An external environment marked by several pressure factors Customs duties Complex Wait-and-see and unfavorable geopolitical attitude of certain exchange rate context, in contractors in effects, requiring particular North America and adjustments in the Middle E
Slide 5: Activity in the first quarter
Activity in the first quarter TOTAL GROUP €648m +8.0% after elimination of -€78m of inter-region sales New operational organization since January 1, 2026 in three geographical areas Europe • North America • LAPAM1 • Strong increase in revenue in Europe, accompanied Europe by an increase in market sh
Slide 6: Details of revenue growth
Details of revenue growth +10.2 % €648m €600m -2.2% 0.0% +8.0% 0 Q1 2025 Exchange rates Scope Volume and price Q1 2026 Revenue impact impact impact Revenue 6
Slide 7: Normalization of the order book
Normalization of the order book (in €m) 1,878 1,344 1,107 1,169 1,210 1,084 1,121 1,045 1,009 • Order intake of €631m, up by +9.9% compared to Q1 2025 726 • Order book as of March 31, 2026 representing 6 months of activity, 631 stable compared to the end of 574 March 2025 532 450 • Order book up by
Slide 8: Changes in governance
Changes in governance Appointment of Appointment of Christopher Himsworth Sylvain Blaise Chairman of the Board of Directors1 President & CEO2 1 Since April 23, 2026 2 From June 30, 2026 8
Slide 9: New group governance
New group governance THE BOARD OF DIRECTORS Christopher Dominique Virginie HIMSWORTH HIMSWORTH HIMSWORTH Chairman Director Director Émilie Marcel-Claude Sébastien BRAUD BRAUD BRAUD Director Director Director Cécile HELME Alexandra Pierre-Henri GUIZON MATZNEFF RICAUD Independent Director Independent
Slide 10: Highlights of the quarter (1/3)
Highlights of the quarter (1/3) Launch of the GEHL TH 5-19 e 100% electric telehandler in First deliveries North America of MT 1440 & 1840 e Launch of the MTA 519 e in North America, the first 100% electric stationary telehandler 10
Slide 11: Highlights of the quarter (2/3)
Highlights of the quarter (2/3) Launch of 5 new models with widened chassis for Europe: • 3 models for the wheeled loader range: V325, V335 and V360 • 2 models for the tracked loader range: VT335 and VT360 Launch of the MLT 625 e and MT 625 e models in Australia and New Zealand 11
Slide 12: Highlights of the quarter (3/3)
Highlights of the quarter (3/3) Joint venture with Hangcha Creation of a joint venture specializing in the manufacture and distribution of Lithium-ion batteries as part of the LIFT strategic plan "Technical Innovation" Award received at the FIMA trade show "Technical Innovation" Award given to Manit
Slide 13: LIFT 2030 strategy: a sustainable and customer-centric organization
LIFT 2030 strategy: a sustainable and customer-centric organization Leadership in the material handling and people lifting markets Innovations that are responsible and customer-oriented Objectives for 2030 Transformation of Manitou Group to meet major challenges: Focus • Revenue > €3.8 billion • Rec
Slide 14: Committed to sustainable performance
Committed to sustainable performance Strategic indicators New sustainability Accident Progression of the roadmap for the group, frequency rate sustainable products and (FR21): associated services net called sales target: 10 "CSR Lens" x 5.5 focusing on 4 major strategic priorities for 2030 GHG2 emis
Slide 15: Publication of financial objectives for 2026
Publication of financial objectives for 2026 In 2026, the group expects to achieve: • revenue up by 5% compared to 2025 • recurring operating profit of around 5% of revenue • Strong momentum in this first quarter and solid order book • Higher customs duties, unfavorable trends in raw material prices
Slide 16: Upcoming financial events
Upcoming financial events • 2026 Shareholders’ Meeting: June 25, 2026 • H1 2026 revenue and results: July 30, 2026 • Q3 2026 revenue: October 29, 2026 • Q4 2026 revenue: January 28, 2027 Contact: communication.financiere@manitou-group.com 16
Slide 17: Thank you
MANITDU Thank you XA
Slide 18: Appendices
fp Appendices D
Slide 19: Order intake and order book
Order intake and order book (in €m) Order intake 3,554 3,666 3,521 3,414 3,274 2,993 3,061 Order book 2,718 2,295 2,275 1,788 1,878 1,344 1,344 1,107 1080 1,084 1,169 1,045 1,009 1,121 1,210 858 856 815 791 726 637 631 588 574 532 485 455 450 429 287 269 216 252 186 86 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Slide 20: Contributions by geographical area at March 31, 2026
Contributions by geographical area at March 31, 2026 EUROPE NORTH AMERICA LAPAM TOTAL (in €m) Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change Total revenue 553 492 +12.5% 100 117 -14.2% 72 83 -12.9% 726 691 +4.9% Inter-region revenue -59 -76 -21.7% -16 -10
Slide 21: Revenue by activity at March 31, 2026
Revenue by activity at March 31, 2026 ELIMINATION OF EUROPE NORTH AMERICA LAPAM TOTAL INTER-REGION SALES (in millions of Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change euros) Machines 470 406 +15.8% 84 100 -16.0% 56 66 -14.3% -69 -8
Slide 22: Glossary
Glossary Like for like, so at constant scope and exchange rates: Scope: • no company acquisitions in 2025 or 2026 that would require a restatement for the reported period, • no company exits from the scope of consolidation in 2025 or 2026. Application of the exchange rate of the previous year on the
Slide 23: Disclaimer
Disclaimer This presentation includes only summary information and does not in any way purport to be comprehensive. Neither the Company nor any of its affiliates, corporate officers, executives, employees or consultants accept any liability, obligation, remedy, claim, damage or injury arising from o