Cenergy Holdings Sa · EURONEXT:CENER
Cenergy Holdings Sa — Investor Presentation (June 2026)
26 slides from Cenergy Holdings Sa's investor presentation, June 2026
Slide 1: Corporate Presentation 2026
Corporate Presentation 2026
Slide 2: Agenda
Agenda Introduction to Cenergy Holdings Key Strengths Financials
Slide 3: Part of Viohalco, a Holding Company
PartofViohalco, a HoldingCompany Viohalco is a holding company of several metal processing companies VIOHALCO AI Cu Fe Aluminium1 Copper1 Cables Steel Pipes Steel Real Estate2 R&D Cenergy Holdings is the holding company for the Cables and Steel Pipes Segments ~69% ~31% Cenergy Holdings Ownership Cab
Slide 4: Two leading segments in Cables & Steel Pipes
Two leadingsegments in Cables& Steelpipes
Slide 5: Cables Segment at a Glance
Cables Segment at a Glance About 1953 50 • Leading cable solutions provider for energy transition Established Countries • LV to EHV portfolio for onshore, offshore & telecom applications c. €1bn €1,464m Investments FY25 Sales since 2012 FY2025 Sales 5 ~3,400 Manufacturing Europe 67% Energy Projects
Slide 6: Cables Segment at a Glance
Cables Segment at a Glance Customer Examples Offshore Wind Developers Grid Operators KeyActivities Transmission, Distribution & Renewables LV,MV, HV & EHV, Onshoreand Offshore Telecom& Data Facilities Under Cables Supporting Grid Operators Port Construction Plant Production Facility Industrial Appli
Slide 7: Steel Pipes Segment at a Glance
Steel Pipes Segment at a Glance About • Global leader in steel pipe solutions for the energy sector 1969 55 Established Countries • Trusted top -tier supplier to major international energy operators • Pioneering high-pressure pipelines for hydrogen and offshore CCS >€250m €597m Investments FY25 Sale
Slide 8: Steel Pipes Segment at a Glance
Steel Pipes Segment at a Glance Customer Examples Activities and End-Markets Gas & Liquid Fuel Onshore Pipelines Drilling & Extraction Offshore Pipelines CCS (Carbon Capture & Storage) CO2 Pipelines Long-Term Partnership with Top Quality Steel Producers Hydrogen Hydrogen Pipelines Construction Const
Slide 9: Long Heritage of Successful Growth
LongHeritageof SuccessfulGrowth 2024 HC establishes a new 2016 manufacturing facility n Baltimore, MD, USA for HV land Merger of HC and CPW; listing on cables Euronext Brussels and Athens Exchange Successful SCI EUR 200 million Focus on Growth in Expanding into Establishing HV Established Energy tra
Slide 10: Enabling the Energy Transition
Enabling the Energy Transition Renewable Energy Sources Wide range of cable solutions (onshore, offshore, floating OW parks) Gas / Biofuel A leading position in gas pipelines. Long experience in deep offshore pipes Electricity & Power Connections Subsea connections: Leading position Transmission net
Slide 11: Key Strengths
Key Strengths
Slide 12: Key Strengths
KeyStrengths 1 Leading position in energy transmission in a growing electrification market 2 Well-invested and vertically integrated asset base with capacity expansion potential 3 Established technological capabilities with a longstanding commitment to innovation 4 Clearly defined strategy to drive
Slide 13: Energy Transition Trends Driving Demand
1 Energy Transition Trends Driving Demand Increasing Global Demand Regulatory Support for Emerging New Energy Significant Investment in for Energy Green Transition Technologies Infrastructure Addressing energy transition demand through Capturing electrification growth through scale, high-spec steel
Slide 14: Cables: technologically advanced facilities
2 Cables:technologically advanced facilities c. œ1bn invested since 2012 ✓ Strategically located facility with direct access to a private port ✓ Vertically integrated operations - Optimized logistics & streamlined cost base ✓ Footprint positioned in competitive, European locations Corinth ICME ECAB
Slide 15: Expansion to Capture the US Opportunity
2 ExpansiontoCapturetheUSOpportunity CLEAR RATIONALE STATE-OF-THE-ART FACILITY • Strong mega trends and supporting policy environment generate powerful momentum for LT growth • Data centers : a strategic growth opportunity in the US • Capacity constraints from local players (v. long lead times) • Ve
Slide 16: Steel Pipes: expanded global footprint providing end-to-end solutions
2 SteelPipes: expanded global footprint providingend-to-endSolutions Hartlepool Thisvi 16’’ – 42’’ LSAW (UOE) 18’’ – 84’’ LSAW (3RB) 2’’ – 7.625’’ HFW 8.625’’ – 26’’ HFW 16’’ – 56’’ LSAW Storage 24’’ – 100’’ HSAW External / Internal >150 Coating Solutions R&D Lab Storage ✓ Broad portfolio capabiliti
Slide 17: Expanded Global Footprint
2 Expanded Global Footprint LSAW FACILITY ACQUIRED IN UK ENHANCED CAPACITY ➢ Increases production capacity ➢ Strengthens global position ➢ Supports energy transition projects (Hydrogen & CCS) ➢ Trusted supplier to major energy companies (Shell, BP, Total, Equinor) and subsea leaders (Subsea 7, Saipe
Slide 18: Advanced Technological Capabilities
3 AdvancedTechnological Capabilities Leading Technological Capabilities Landmark Projects Long Continuous Length Submarine Cables Complex Turnkey Project Solutions of up to 525kV Dogger Bank project: between 2021-2025, the Cables Segment will supply ~900km of 66kV inter-array cables and accessories
Slide 19: Clearly Defined Strategy to Drive Growth and Profitability
4 ClearlyDefined Strategy toDriveGrowthandProfitability Key Strategy Pillars Automation across the factory Optimise Real - time maintenance Optimise capacity by leveraging on order 03 Performance backlog and project work Deliver US facility Strengthen European market position (Hartlepool) Increase s
Slide 20: Financials
FINANCIALS
Slide 21: Sustained Growth & Profitability
5 Sustained Growth & Profitability CABLES SEGMENT STEEL PIPES SEGMENT CENERGY HOLDINGS GROUP YoY Revenue 17% 20% -1% 4% 10% 15% Growth % Revenue (€m) 1,047 1,224 1,464 581 573 597 1,628 1,796 2,061 2023 2024 2025 2023 2024 2025 2023 2024 2025 a-EBITDA Margin % 14.4% 14.7% 16.5% 11.0% 16.4% 18.1% 13.
Slide 22: Strong Continued Momentum
5 StrongContinuedMomentum Solid Order Backlog providing visibility for further increase Dec 2023 Dec 2024 €3.15bn €3.44bn Dec 2022 Dec 2025 €2.02bn €3.38bn Diversified backlog Per region Diversified backlog Per application Cables Steel Pipes Cables Steel Pipes €2.88bn Europe 88% €0.49bn €2.88bn €0.4
Slide 23: Delivering returns
5 Deliveringreturns DPS / Payout ratio1 Share price2 evolution (€ / share) a-ROCE3 Amounts in €/share 20.80 +86% +75% 21.0% 26.3% 28.4% 9.39 0.08 0.14 0.26 (20.9%) (21.3%) (28.5%) 2023 2024 2025 Dec Mar 2023 2024 2025 2024 2026 3Adjusted Return on Capital Employed (a-RoCE) = Total dividend declared
Slide 24: FY2026 Guidance
Committed to deliver FY2026 Guidance 370 400 Adjusted EBITDA1 range +6% / +15% Cables Segment Next growth phase with strong visibility, with 370 - 400 improved operations and good fundamentals 348 Steel pipes Segment 272 Positive momentum with strong backlog Disciplined project selection Amounts in
Slide 25: Disclaimer
Disclaimer This corporate presentation and accompanying discussion (together with any materials, oral commentary or question and answer session delivered together herewith, the ”presentation”) have been prepared by cenergy holdings S .A . (The ”company”, and together with its consolidated subsidiari
Slide 26: Corporate Presentation
Corporate Presentation 2026