Framery Group Oyj · OMXHEX:FRAMERY
Framery Group Oyj — Q1 2026 Earnings Presentation
18 slides from Framery Group Oyj's earnings presentation, Apr 27, 2026
Slide 1: Strong revenue and improving profitability
Strong revenue and improving profitability Samu Hällfors, CEO | Lauri Isotalo, CFO Framery Group Plc | 27.4.2026 Interim Report | January−March 2026
Slide 2: Welcome: Agenda for today
Welcome Agenda for today Samu Hällfors Lauri Isotalo CEO CFO Highlights of business Financial performance and strategy
Slide 3: Strong revenue and improving profitability
Strong revenue and Revenue Adjusted EBIT improving profitability 58.4M€ 14.0M€ 24.0% of revenue • Total revenue reached same level as the comparison period, despite the strong comparison period with large number of (Q1 2025: 58.4M€, - 0,1 %) (Q1 2025: 16.7M€, shipments to the last year’s largest sin
Slide 4: Regional market performance
M ARKE T E N VIRON ME N T HQ, Regional market North America Hub Finland, Tampere performance APAC logistic hub Growth in the Americas was strong, and revenue increased by 53.7% year over year. EMEA remained the Company’s largest market, and revenue remained stable compared with the previous year’s c
Slide 5: Executing strategic focus areas in Q1 2026
G ROWT H S TRA TE G Y Executing strategic focus areas in Q1 2026 M AI N T H EM E S TRA T E GI C P ORJE CT S 1. Best smart pods and Further strengthen our leading product-market-fit in all key regions smart office solutions 2. Drive the adoption of the smart office solution to scale the SaaS business
Slide 6: Strategy highlight: USA factory
G ROWT H S TRA TE G Y Strategy highlight: USA factory • Framery's Michigan logistics center converts to full-scale manufacturing in H2 2026, reaching its planned scale during 2027. • This factory will produce a new, North American-exclusive product line tailored to local preferences. • Local product
Slide 7: Market outlook
M ARKE T E N VIRON ME N T Market outlook • Framery maintains a favorable medium- and long-term outlook as the fundamental drivers for product demand and market growth remain unchanged despite the current volatile environment. • The war in Iran is expected to result in a moderate direct revenue impac
Slide 8: Financial performance
Financial performance
Slide 9: Revenue & Adjusted EBIT
LTM revenue, EUR million Revenue & Adjusted EBIT 213.6 222.1 222.0 203.5 29.9 22.6 187.3 27.1 19.8 162.1 12.4 151.1 6.9 1.2 • Q1/2026 Revenue remained stable 58.4 mEUR when comparing to Q4/25 199.4 183.7 186.5 192.3 (58.2mEUR) or Q1/2025 (58.4 mEUR) 160.9 174.9 144.1 • When excluding the single larg
Slide 10: KPI summary
KPI summary Key figure (EUR million) 01-03 2026 01-03 2025 Change 1-12 2025 Revenue 58.4 58.4 -0.1 222.1 Revenue Growth, % -0.1% 75.8% -75.9% 37.0% EBITDA 15.3 16.8 -1.5 46.9 EBITDA margin, % 26.3% 28.8% -2.5% 21.1% Adjusted EBITDA* 15.5 18.2 -2.7 56.4 Adjusted EBITDA margin, % 26.5% 31.1% -4.6% 25.
Slide 11: Revenue and adjusted EBIT bridges Q4 2025 to Q1 2026
Revenue and adjusted EBIT bridges Q4 2025 to Q1 2026 Q4 2025 to Q1 2026 Revenue, EUR million 58 02 59 58 00 -01 -01 Q4/2025 Pods: Pods: Spare parts Revenue excl. Exchange rate effect Q1/2026 Volume Price increases & mix & services exchange rate effect Q4 2025 to Q1 2026 Adjusted EBIT, EUR million 02
Slide 12: Revenue and adjusted EBIT bridges Q1 2025 to Q1 2026
Revenue and adjusted EBIT bridges Q1 2025 to Q1 2026 Q1 2025 to Q1 2026 Revenue, EUR million 06 61 58 58 00 -03 -03 Q1/2025 Pods: Pods: Spare parts Revenue excl. Exchange rate effect Q1/2026 Volume Price increases & mix & services exchange rate effect Q1 2025 to Q1 2026 Adjusted EBIT, EUR million 02
Slide 13: U.S. and Canadian tariffs shifted in a favorable direction for the Company
U.S. and Canadian tariffs shifted in a favorable direction for the Company • Following the U.S. Supreme Court decision in February, the 15% IEEPA tariff was removed and replaced with 10% temporary tariff in force until August 2026 • In April, the classification of tariffs on steel and aluminum (Sect
Slide 14: Cash flow positive with typical quarterly fluctuation visible
Cash flow positive with typical quarterly fluctuation visible Adjusted EBITDA 56.4 • Q1 Cash Flow positive at 4.4 EUR million (7.9 53.7 51.6 EUR million), with investments increasing Operating free cash flow 48.2 slightly due to the US factory expansion and Cash conversion % related new product deve
Slide 15: ROCE at a high level with continued good profitability
ROCE at a high level with continued good profitability Adjusted EBIT High ROCE at 100.7% despite the Capital employed 50.5 47.8 47.5 increase in Average net working capital ROCE % from end of the year 2025, with 38.6 quarterly fluctuation typical for the 35.4 33.0 33.0 business 30.6 31.0 29.2 Net Wo
Slide 16: Stable leverage and strong financial position
Stable leverage and strong financial position 2.8 Stable leverage following the refinancing 2.2 December Strong cash position at 21.8 EUR Million in cash or 1.8 cash equivalents 1.2 1.2 2022 2023 2024 2025 2026 Q1 LTM
Slide 17: Framery's mid- and long-term financial targets
Framery’s mid- and long-term financial targets GROWTH PROFITABILITY LEVERAGE DIVIDENDS >10% 25% <2.0x 70–90% Average annual organic Adjusted operating Net debt/adjusted Part of the distribution revenue growth compared profit margin in the mid- EBITDA may be executed through to 2025 term Share buybac
Slide 18: Disclaimer
Disclaimer This material contains, or may be deemed to materially different from those expressed or Framery Group Plc assumes no obligation to contain, “forward-looking statements”. These implied by any forward-looking statements. By update or revise any forward-looking statements relate to future e