Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht · XETR:STO3
Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht — Sto SE & Co. KGaA — Shareholder Meeting (June 2026)
46 slides from Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht's shareholder meeting presentation, Jun 18, 2026
Slide 1: Annual General Meeting 2026 Sto SE & Co. KGaA
Annual General Meeting 2026 Sto SE & Co. KGaA 18 June 2026 Sto SE & Co. KGaA reception building Design: Wilford Schupp Architekten, Stuttgart, DE Orange Blu, Stuttgart, DE 1
Slide 2: Regulatory environment in construction sector
Regulatory environment in construction sector High ambitions – limited impact • Abolition/reorientation of the Building Energy Act Expectations • Housing construction boost (funding + cutting red tape) • Acceleration of energy-efficiency upgrades • Balance between renovation and heating subsidies •
Slide 3: Global uncertainties
Global uncertainties Geopolitical risks are rising significantly Escalating geopolitical conflicts IMF assessment: More downside risks than upside potential for global economic growth in 2026 Pressures on supply chains, energy prices and the investment climate Risks from tariffs, trade confl
Slide 4: Challenges in Europe
Challenges in Europe Priorities are changing Challenges in Europe in 2026 Green Deal Defence Economic Inflation Interest rate Situation Source: AI generated, 2026 4 Presentation for the annual general meeting 18 June 2026
Slide 5: Housing completions in Germany
Housing completions in Germany Supply and demand continue to diverge strongly Building permits for flats 400,000 Baugenehmigungen von Wohnungen Housing completions Baufertigstellungen von Wohnungen 350,000 300,000 250,000 200,000 150,000 100,000 50,000 - 2015 2016 2017 2018 2019 2020 2021 2022 2023
Slide 6: Building permits in the EU 2024 – 2025
Building permits in the EU 2024 – 2025 Building permits by usable floor space Rate of change between 2024 and 2025 in % Number of residential construction buildings | Source: Eurostat | Date: 27 April 2026 6 Presentation for the annual general meeting 18 June 2026
Slide 7: Interest rate trends in the eurozone
Interest rate trends in the eurozone Increase in EUR benchmark interest rates* leads to higher mortgage interests Market return (%) currently 6 months ago *Current market return for German government bonds | Source: Own statement based on Federal Republic of Germany – Finance Agency 7 Presentation f
Slide 8: Climate neutrality
Climate neutrality Renovation rate far from target figure 0.96 1.9 0.74 0.74 0.72 0.68 0.54 0.50 0.46 2022 2023 2024 2025 2022 2023 2024 2025 0.88 Roof Facade 0.70 0.69 0.67 1.37 1.23 1.19 1.19 2022 2023 2024 2025 2031 Renovation rate Building envelope residential construction (in %) 2022 2023 2024
Slide 9: Subsidy landscape European Sto markets
Subsidy landscape European Sto markets Comparison of subsidy trends Rising subsidies: Iceland Finland Sweden Norway Estonia Consistent subsidies: Latvia Lithuania Denmark Ireland Belarus Great Britain Poland Germany Ukraine Belgium Czech Rep. Luxembourg Slovakia France Austria Hungary Moldova Switze
Slide 10: Sto Group 2025
Sto Group 2025 Forecast turnover and earnings targets achieved About the title image In Zuidas, Amsterdam's fast-growing business district, the project team led by VMX Architects has realised a highly visible urban building block. With 'The Pulse', a perimeter block development with two towers has b
Slide 11: Sto Group turnover
Sto Group turnover Difficult market conditions burden the Sto Group's business development in EUR million 1,787 1,718 1,612 1,591 1,591 2021 2022 2023 2024 2025 Information acc. to IFRS. | Figures are rounded 11 Presentation for the annual general meeting 18 June 2026
Slide 12: Sto Group turnover
Sto Group turnover Share of turnover generated outside of Germany decreased from 59.5% to 59.4% in EUR million In Germany Outside Germany 1,026 1,002 959 945 898 762 716 693 654 646 2021 2022 2023 2024 2025 Information acc. to IFRS. | Figures are rounded 12 Presentation for the annual general meetin
Slide 13: Sto - segment turnover
Sto - segment turnover Share of Sto Group consolidated turnover for 2025 Western Europe Northern/Eastern Europe America/Asia/Pacific 203 13% 165 10% 1,223 77% Turnover 2025 Sto Group: EUR 1,591 million Figures in EUR millions and %. | Figures are rounded 13 Presentation for the annual general meetin
Slide 14: Sto Group turnover
Sto Group turnover Facade systems still product group with largest share of total Group volume in EUR million Other product groups Other product groups - 233 233 Interior Interior - 241 240 Facade coatings Facade coatings -3% 388 378 Facade systems -1% Facade systems 750 740 2024 2025 Information ac
Slide 15: Gross profit Sto Group
Gross profit Sto Group Gross profit margin improved from 54.3% to 54.6% compared to previous year Total Revenues Gross margin rate in EUR 54% Gesamtleistung Rohertrag 55% million 1,610 1,591 874 869 2024 2025 Information acc. to IFRS. | Figures are rounded 15 Presentation for the annual general meet
Slide 16: Sto Group EBT & EAT
Sto Group EBT & EAT Earnings forecast achieved in EUR million EBT EAT 128 128 127 95 89 86 65 61 39 38 2021 2022 2023 2024 2025 Information acc. to IFRS. | Figures are rounded 16 Presentation for the annual general meeting 18 June 2026
Slide 17: P&L Sto Group
P&L Sto Group Turnover and earnings forecast achieved , , Information acc. to IFRS. | Figures are rounded 17 Presentation for the annual general meeting 18 June 2026
Slide 18: Cash flow Sto Group
Cash flow Sto Group Cash flow from operating activities EUR 94.5 million Information acc. to IFRS. | Figures are rounded 18 Presentation for the annual general meeting 18 June 2026
Slide 19: Sto Group Investments and depreciation/amortisation
Sto Group Investments and depreciation/ amortisation Investments in further growth in EUR million Investments Depreciation/amortisation 47 47 47 44 42 42 42 42 41 36 2021 2022 2023 2024 2025 Information according to IFRS; however, without effects from IFRS 16, without investments and depreciation/am
Slide 20: Selected individual investments
Selected individual investments Sales region Baden-Württemberg: SalesCentre Metzingen Sales area Exterior view Storage areas Tinting area 20 Presentation for the annual general meeting 18 June 2026
Slide 21: Selected individual investments
Selected individual investments Sto Mix: StoCleyer B production Explanation of the products Production line Inauguration 21 Presentation for the annual general meeting 18 June 2026
Slide 22: Sto Group balance sheet
Sto Group balance sheet Very solid balance sheet structure as at 31/12/2025, strong equity base 1,163 in EUR 1,163 million Non-current assets Equity capital 533 762 (Equity ratio 66%) Current assets Non-current provisions 515 and liabilities 180 Current provisions and liabilities Cash and cash equiv
Slide 23: Sto Group employees
Sto Group employees Group's workforce reduced in 2025 In Germany Outside Germany Sto Group 5,697 5,735 5,783 5,599 5,482 3,171 3,130 3,127 3,100 3,067 2,612 2,605 2,570 2,499 2,415 31.12.2021 31.12.2022 31.12.2023 31.12.2024 31.12.2025 Figures are rounded 23 Presentation for the annual general meeti
Slide 24: Sto share | Share price trend
Sto share | Share price trend 24 Presentation for the annual general meeting 18 June 2026
Slide 25: Strategic targets at a glance
Strategy 2030 Strategic targets at a glance Solution Leadership Growth Customer Centricity Our solution leadership and our core We grow while creating value and We make it easier for our customers to competences make us the first choice for outpacing the market in defined do business with us. facade
Slide 26: Strategy 2030
Strategy 2030 10 Tangible Industrial Core segments & Rising segments & Omni- differentiation prefabrication product groups product groups channel Group strategic initiatives are the Demand-driven Organisation & Digital Sustainability Culture & personnel supply chain steering transformation strategy
Slide 27: Strategy implementation
Strategy implementation Example | Solution Leadership Production engineering: Robot cells for the fully automatic application of insulation, reinforcement, including mesh, and finishing render Development of comprehensive solutions that combine product, process and machines to achieve the highes
Slide 28: Presentation for the annual general meeting 18 June 2026
28 Presentation for the annual general meeting 18 June 2026
Slide 29: Strategy implementation: Omni-Channel sales
Strategy implementation Example | Omni-Channel sales Field service Sales centre Online sales Supports customers and Handles day-to-day Webshop projects business in terms of Social media logistics and sales Always available 29 Presentation for the annual general meeting 18 June 2026
Slide 30: Strategy implementation: Conductive coatings for floors
Strategy implementation Example | Rising segments | Conductive coatings for floors Automotive and automotive supply industry Semiconductor production Data center Electronics industry StoFloor ESD KU 614 Clean room Reliable protection for ESD areas State-of-the-art, volume-conductive ESD
Slide 31: Strategy implementation: StoTherm AimS
Strategy implementation Example | Tangible differentiation | StoTherm AimS - completely cement- free 31 Presentation for the annual general meeting 18 June 2026
Slide 32: Strategy implementation: Sportlerhaus Hamburg
Strategy implementation Example | Tangible differentiation | StoTherm Mineral with ceramic tiles – Sportlerhaus Hamburg 32 Presentation for the annual general meeting 18 June 2026
Slide 33: Strategy implementation: The Pulse Amsterdam
Strategy implementation Example | Tangible differentiation | StoTherm Mineral with mineral facade elements – The Pulse Amsterdam 33 Presentation for the annual general meeting 18 June 2026
Slide 34: Strategy implementation: Solution Leadership
Strategy implementation Example | Tangible differentiation | Solution Leadership [ark] insights 34 Presentation for the annual general meeting 18 June 2026
Slide 35: Presentation for the annual general meeting 18 June 2026
35 Presentation for the annual general meeting 18 June 2026
Slide 36: Strategy implementation: Sustainability Strategy
Strategy implementation Example | Sustainability Strategy Climate protection Environmental protection Circular economy Greenhouse gas balance with Biocide-free facade coatings Optimisation of recyclability updated emission values Support of fauna and flora and use of recycled material (-15%)
Slide 37: German Sustainability Award 2026
German Sustainability Award 2026 Example | Sustainability Strategy | Sto two-time winner StoLevell Neo AimS® StoFix Circonic 37 Presentation for the annual general meeting 18 June 2026
Slide 38: Sto Climate Partner Initiative
Strategy implementation Example | Sustainability Strategy | Sto Climate Partner Initiative Partnership: Connecting tradespeople and property owners through clearly defined renovation processes Market implementation and reach: More than 1,000 Sto Climate Partners – gradually being expanded throug
Slide 39: Strategy implementation: Sustainability Strategy
Strategy implementation Example | Sustainability Strategy Health and well-being Transparency and social Employees responsibility Preservative-free, emission- Sustainability and risk International Cleanup Day: 11 tested interior products assessment of all relevant countries, 21 locations, Occ
Slide 40: Building Public Trust Award 2025
Building Public Trust Award 2025 Examples | Sustainability Strategy | Sto honoured as "CSRD Pioneer in the SDAX" The CSRD report (= sustainability statement) was honoured with the Building Public Trust Award 2025 (PwC) Award for transparent, credible and balanced sustainability reporting 40 Pres
Slide 41: Cultural and personnel development
Strategy implementation Examples | Cultural and personnel development Sto Culture Evolution – 500 managers trained Sales trainee programme established as a pipeline for worldwide key roles 41 Presentation for the annual general meeting 18 June 2026
Slide 42: Development of ETICS market in Germany
Development of ETICS market in Germany 37 36 36 35 34 34 35 34 33 30 28 27 26 Million m² 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026f Source: B+L Marktdaten GmbH: quarterly report Q4 2025 ETICS. B+L Marktdaten GmbH updated with retrospective effect by B+L. 42 Presentation for th
Slide 43: Sto Group financial figures Q1/2026
Sto Group financial figures Q1/2026 Highlights 319 6 EUR million Turnover EUR million Investments* -2% vs. PY -4% vs. PY Increase in seasonally typical 5,510 Q1 deficit compared to same period of the previous Employees year -1% vs. PY Information acc. to IFRS; * without: financial assets and IFRS 16
Slide 44: Forecast
Forecast Outlook for 2026 as a whole * The forecast is based on average weather conditions and an economic development in line with expectations in Sto's key markets as well as a mainly stable euro exchange rate. The negative impacts that could result from the war between Iran, Israel and the USA de
Slide 45: Awards
Awards State Prize for Corporate Quality: Sto Ges.m.b.H. 45 Presentation for the annual general meeting 18 June 2026
Slide 46: Thank you for your interest!
Thank you for your interest! Sto SE & Co. KGaA Sto SE & Co. KGaA reception building Design: Wilford Schupp Architekten, Stuttgart, DE Orange Blu, Stuttgart, DE 46