Mersen Sa · EURONEXT:MRN
Mersen Sa — Mersen Ord — Q1 2026 Earnings Presentation
7 slides from Mersen Sa's earnings presentation, Apr 28, 2026
Slide 1: Q1 2026 Sales
Q1 2026 Sales April 28, 2026 Thomas Salvador Lamas Luc Themelin Baumgartner CHIEF CHIEF CHIEF OPERATING OFFICER EXECUTIVE OFFICER FINANCIAL OFFICER
Slide 2: Key highlights of the quarter, in line with expectations
Key highlights of the quarter, in line with expectations Return to quarterly Still significant organic growth exchange rate impact +3.1% -€17m €296m Q1 2026 Robust growth in Positive momentum sales Electrical Power in North America Organic growth Organic growth +8.7% +8.2% 2 Mersen – Q1 2026 Sales
Slide 3: Growth driven by North America; Asia up slightly
Growth driven by North America; Asia up slightly Europe ORGANIC €99m GROWTH 33.5% North America +3.1% €125m 42% +8.2% North America Asia-Pacific €59m +1.9% South America - Africa Asia Pacific 20% €13m 4.5% -3.2% Europe % of total sales 3 Mersen – Q1 2026 Sales
Slide 4: Robust growth in Electrical Power
Robust growth in Electrical Power +8.7% Growth driven by Grid Quality and data- Electrical Power centers fueled by Grid Quality and data-centers -1.4% Advanced Low activity levels in solar and Materials chemical partly offset by growth in rail, aeronautics and semiconductors ORGANIC GROWTH 4 Mersen
Slide 5: Key business highlights of the quarter
Key business highlights of the quarter Strong sales for US Collaboration with electrical distribution Terra Innovatum Data centers and Small Modular grid quality Reactor - Nuclear HCl synthesis unit for Electrical Protection sustainable lithium solutions in Korea (Vulcan Energy) Battery Energy EV Ba
Slide 6: Confirmation of 2026 Guidance
Confirmation of 2026 Guidance Main hypothesis: → Significant increase in copper and silver prices, offset by price adjustments – effective mostly in the second half of the year EBITDA MARGIN OPERATING MARGIN ORGANIC GROWTH INDUSTRIAL BEFORE NON- BEFORE NON- OF SALES CAPEX RECURRING ITEMS RECURRING I
Slide 7: Questions
Questions