Vicat Sa · EURONEXT:VCT
Vicat Sa — Q1 2026 Earnings Presentation
19 slides from Vicat Sa's earnings presentation, May 5, 2026
Slide 1: Q1 2026 Trading Update
€ 5 May 2026 Hugues Chomel Pierre PEDROSA Deputy CEO & Group CFO Head of Investor Relations
Slide 2: Disclaimer
Disclaimer • This presentation may contain forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets ; • These statements are by their nature subject to risks and uncertainties as describ
Slide 3: Q1 2026 Highlights
Q1 2026 Highlights Solid start FY 2026 guidance New geographic Sales growth segmentation with confirmed + 8.5% Price increases in Europe Slight 4 LFL* LFL* growth regions Pick up in volumes in in sales to better reflect the USA & EBITDA business trends & + 4.1% Strong momentum in emerging countries
Slide 4: All geographies growing
All geographies growing (€ million) % of Sales Q1 2026 Q1 2025 Δ Δ FX impact Change in reported reported LFL* scope Europe 41% 381 376 +1.2% -0.9% +0.7% +1.4% Americas 25% 228 221 +3.0% +7.7% -8.0% +3.3% Asia - 22% 203 198 +2.9% +21.2% -18.3% - Mediterranean Africa 12% 110 91 +21.1% +22.2% -1.1% - T
Slide 5: Strong LFL growth in Q1 with acceleration in Asia-Med & Africa
Strong LFL growth in Q1 with acceleration in Asia-Med & Africa EUR million +8.5% LFL* -5.9% FX + 8.5% 1100 organic sales 1000 20 13 growth in Q1 42 922 923 886 17 -52 900 -3 800 700 -0.9% +7.7% +21.2% +22.2% 600 Continued FX headwinds 500 Weakening of USD, TRY Sales Q1 2025 Europe Americas Asia-Med
Slide 6: Stabilization in Europe, with pricing trending up
Stabilization in Europe, with pricing trending up SALES (EUR M) 381 -0.9% LFL* +1.2% reported • Cement volumes slightly down due to • Residential market continues to weather and municipal elections bottom out; recovery to remain FRANCE • Prices up to offset higher electricity modest & gradual in 202
Slide 7: Americas: good performance in both USA and Brazil
Americas: good performance in both USA and Brazil SALES (EUR M) 228 +7.7% LFL* + 3.0% reported • Rebound in Cement activity: volume • Residential demand remained recovery in California (base effect); weak in a still high interest rate early signs of improvement in non- environment USA residential, e
Slide 8: Asia-Mediterranean: strong LFL growth, FX headwinds
Asia-Mediterranean: strong LFL growth, FX headwinds SALES (EUR M) 203 +21.2% LFL* +2.9% reported • Growth driven by volumes in a still • FX headwind from sharp low-price environment depreciation of Indian rupee vs. INDIA euro • Continued price increase to offset • Decline in volumes due to one-off h
Slide 9: Africa: strong momentum in aggregates
Africa: strong momentum in aggregates SALES (EUR M) 110 +22.2% LFL* +21.1% reported • Cement activity: slightly higher • Aggregates: continued strong volumes and recovering domestic demand driven from infrastructure SENEGAL prices projects (Ndayane port); prices • Cash cost improvement driven by are
Slide 10: Strong momentum in aggregates in Senegal
Strong momentum in aggregates in Senegal 2 Largest aggregates quarry in the Group >3.5 Mt National market quarries Diack (basalt quarry) Annual capacity leader in basalt Quarterly aggregates volume sold & YoY evolution +93% 1 200 100% +79% 80% 1 000 +55% Thiès +30% 60% Dakar 40% 800 Preparatory work
Slide 11: Energy bill and hedging policy
Energy bill and hedging policy 15% 31% Natural gas 3% €513M consumption, 2% mainly in the U.S. In value term 52% in 2025 EUR millions 13% of Group sales 33% Represents 37.4% of 33% 30% our thermal energy consumption in energy unit terms Thermal fuels Transport fuels Electricity Coal Pet coke Natural
Slide 12: 2026 guidance confirmed
2026 guidance confirmed SALES EBITDA CAPEX net 12 Q1 2026 TRADING UPDATE
Slide 13: Mid-term growth catalysts in motion
Mid-term growth catalysts in motion Opportunities Residential in Mediterranean region volume recovery Residential in the US volume recovery TELT railway in France infrastructure Kiln 6 project in France in Senegal 13 Q1 2026 TRADING UPDATE
Slide 14: Q&A
Build toge live te Q1 2026 TRADING UPDATE.
Slide 15: Back up slides
Back up slides 15 Q1 2026 TRADING UPDATE
Slide 16: 3M sales bridge: positive price & volume momentum & FX headwinds
3M sales bridge: positive price & volume momentum & FX headwinds EUR million 962 54 -52 922 13 886 21 1Q 2025 Volume Price 1Q 2026 (LFL*) (LFL) FX Scope 1Q 2026 16 *Constant scope and exchange rates Q1 2026 TRADING UPDATE
Slide 17: FX remains a headwind
FX remains a headwind €1 = Q1 2026 Q1 2025 Change Current average average (%) [28/04/2026] Significant FX headwinds in Q1 Swiss Franc 0.92 0.95 -3.1% 0.92 = 2026, adversely US dollar 1.17 1.05 +11.2% 1.17 = affecting revenue Brazilian real 6.15 6.15 -0.1% 5.87 Indian rupee 107.08 91.16 +17.5% 110.92
Slide 18: Calendar & information / Contact
Calendar & information Contact www.vicat.com 4 Rue Aristide Berges Les Trois Vallons 38080 Isle-d’Abeau FRANCE Pierre Pedrosa, Head of Investor Relations relations.investisseurs@vicat.fr Tel :+33 6 73 25 98 06 18 Q1 2026 TRADING UPDATE
Slide 19: together,
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