Feintool International Holding Ag · SIX:FTON
Feintool International — H1 2025 Earnings Presentation
30 slides from Feintool International's earnings presentation, August 2025
Slide 1: Presentation of Half-Year Results 2025
Presentation of Half-Year Results 2025 Feintool International Holding AG
Slide 2: Agenda
Agenda • Review • Financial Results • Outlook • Q&A Lars Reich Thomas Erne Chief Executive Officer Chief Financial Officer Feintool | Half-Year Results 2025
Slide 3: Review
REVIEW Lars Reich Chief Executive Officer Feintool | Half-Year Results 2025
Slide 4: First half of 2025
First half of 2025 • Our dual strategy works • Continued strong demand for combustion engine and hybrid vehicles • E-lamination stamping for electric motors is the technology of the future • Markets are developing very differently • Asia and U.S. have solid momentum • Europe characterized by low dem
Slide 5: Strong position in the U.S.
Strong position in the U.S. • Feintool was able to build on the excellent performance of the previous year • Clear number one in fineblanking and forming • Volume of number of units sold significantly higher than in the prior-year period • Expansion of Nashville site completed Feintool | Half-Year R
Slide 6: Feintool U.S. growth with hybrid components
Feintool U.S. growth with hybrid components 30.000 Hybrid Transmission Components 28.000 Daily Shipments 25.737 26.000 24.117 24.179 24.000 22.956 22.565 21.806 22.000 20.433 20.000 19.133 17.262 18.346 18.534 17.746 18.000 17.364 17.023 16.000 14.000 12.000 10.000 Jun. 24 Jul. 24 Aug. 24 Sep. 24 Oc
Slide 7: Europe: Business performance
Europe: Business performance • Business with fineblanked and cold formed parts almost on budget. New programs, especially for hybrid applications are ramping up. • Sales 17.5% lower than same period of the previous year (2025: CHF 199.6 million) • A leading German car manufacturer discontinued produ
Slide 8: Europe: Measures with impact
Europe: Measures with impact • Reorganization of production of components for electric motors at the Feintool sites in Germany (announced in December 2024) started • Capacity adjustment to European automotive sector is expected to be completed in 2027 and will enable improvement in profitability • R
Slide 9: Momentum in Asia
Momentum in Asia • Solid demand for e-motor cores in China • Order for e-motor cores from one of China's largest commercial vehicle manufacturers (est. lifetime volume CHF 30 million) • Sales 12.5% lower than same period of the previous year (2025: CHF 38.5 million) • Falling exports from Japan due
Slide 10: Presence in India
Presence in India • Construction work on new plant in Pune metropolitan region began in the first half of 2025 • Start of operations in 2026 • Feintool will initially produce seat adjuster components for leading automotive manufacturers • In a second stage, high-precision formed parts for hybrid app
Slide 11: Feintool India
Feintool India Start of production in Pune in 2026 Feintool | Half-Year Results 2025 10
Slide 12: Financial Results
FINANCIAL RESULTS Thomas Erne Chief Financial Officer Feintool | Half-Year Results 2025
Slide 13: Net Sales
Net Sales in million CHF -14% • Net sales -14% (w/o FX impact 390.1 11.5%) lower than in the first half 334.5 of 2024 -17% • In 2025, the industrial business 241.8 continued to account for 17% of 199.6 revenue (PY 16.6%) -7% • The share of ICE increased 105.7 98.0 -13% slightly compared to the previ
Slide 14: EBITDA Adjusted
EBITDA Adjusted in million CHF -17% • Drop in net sales of 55 Mio. CHF, 29.2 resulted in a drop of 5 Mio. CHF in 24.2 EBITDA, partially compensated by -19% cost savings -5% 16.3 12.9 13.1 • Lower material cost quote with 12.2 46.8% due to change in product -26% 8.0 6.0 mix (PY at 51.5%) • Lower pers
Slide 15: EBIT Adjusted
EBIT Adjusted in million CHF • EBIT lower by 3 Mio. CHF in HY1 -7% 2025 compared to prior year, with 7.9 7.4 a drop in sales of -55.5 Mio. CHF -56% • Cost saving initiatives and lower 3.9 -137% depreciation are compensating 2.2 1.7 +53% the negative impact of the drop in sales -0.8 -1.6 -2.4 • Depre
Slide 16: Group Result H1 2025
Group Result H1 2025 in million CHF • Financial result with -4.7 Mio. CHF on level of HY1 2024 • Net loss of -5.0 Mio. CHF in HY1 2025, compared to -3.2 Mio. CHF -1,9 in HY1 2024 -4,7 -5,0 1.7 EBIT Financial result Tax Net loss Feintool | Half-Year Results 2025
Slide 17: Balance Sheet
Balance Sheet • Drop in net sales, impacting the Assets (in m CHF) 30.06.2025 31.12.2024 Difference balance sheet Cash and cash equivalents 52.1 77.1 -24.9 • Lower cash and cash equivalents Trade and other receivables 107.1 103.6 3.5 in HY1 2025 than at year-end Inventories and net contract assets 1
Slide 18: Balance Sheet
Balance Sheet • Equity ratio remains very strong Liabilities (in m CHF) 30.06.2025 31.12.2024 Difference with 55.5% Financial liabilities 132.3 119.7 12.6 • Net debt increased to Other liabilities 210.2 239.4 -29.2 80.1 Mio. CHF Shareholder’s equity 426.4 451.6 -25.2 Total Liabilities 768.8 810.7 -4
Slide 19: Equity
Equity in million CHF • Equity ratio remains very strong 451.6 with 55.5% 0.0 -5.0 • Drop in net income, offset by IAS 19 positive effects -24.9 0.0 426.4 • Decline of equity is mainly 4,6 impacted by exchange rate effects 31.12.2024 Dividend Net income FX IAS 19 Others 30.06.2025 Feintool | Half-Ye
Slide 20: Cash Flow
Cash Flow in million CHF • Operative cash flow positive with 11,9 11.9 Mio. CHF -1.5 • Change in NWC contributing -1.5 Mio. CHF • Investments mainly in USA and Asia, supporting further growth -28.1 expectations for the regions -17,7 op. CF before NWC NWC operative Invest FCF Feintool | Half-Year Res
Slide 21: Outlook
OUTLOOK Lars Reich Chief Executive Officer Feintool | Half-Year Results 2025
Slide 22: Cautious outlook Medium term
Cautious outlook Medium term • Our largest market, Europe, is likely to • We are optimistic that the global remain challenging in the second half of megatrends towards low-carbon energy 2025 generation, storage and mobility will remain • Main focus: Sustainably improve intact Feintool's cost structu
Slide 23: The way forward
The way forward • We see continued strong demand for vehicles with conventional and hybrid drives in all regions • E-lamination stamping remains the technology of the future – as does FEINforming for bipolar plates • With 18 plants worldwide, we produce locally for the respective markets, which ensu
Slide 24: All electric vehicles market share 2030
All electric vehicles market share 2030 Feintool assumes market share of 36% which is the mid-range of the forecasts Average of forecasts: 40% Feintool assumption: 36% As of July 2024, GlobalData May 2025 Feintool | Half-Year Results 2025
Slide 25: Global Footprint – Local approach
Global Footprint – Local approach
Slide 26: Feintool Taicang
Feintool Taicang Feintool Technology Hub in Taicang, China First main e-drive order from Chinese OEM (lifetime volume of CHF 30 million) Feintool | Half-Year Results 2025
Slide 27: Markets and technologies vary from region to region
“Markets and technologies vary from region to region. Feintool's strength lies in its well-managed regions.” Lars Reich, CEO Feintool | Half-Year Results 2025
Slide 28: We make more than parts. We make commitments.
We understand the value of our commitments. We commit to faster innovation, lowering your design risk. We commit to delivering quality parts, lowering your production risk. And we commit to reliable parts, lowering your purchasing risk. We make more than parts. We make commitments. Feintool | Half-Y
Slide 29: Q&A Thank you for your attention.
Q&A Thank you for your attention. We are happy to answer your questions. Lars Reich Thomas Erne Chief Executive Officer Chief Financial Officer Feintool | Half-Year Results 2025
Slide 30: Disclaimer
Disclaimer • Feintool is confirming its best efforts to present accurate and up-to-date information in this document. Feintool gives no representation or warranty, expressed or implied, as to the accuracy or completeness of the information provided herein and disclaims any liability whatsoever for t
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