Cementos Molins, S.A. · BME:CMO
Cementos Molins — Q2 2026 Earnings Presentation
13 slides from Cementos Molins's earnings presentation, Jul 30, 2026
Slide 1: 2026 Results Q2
RESULTS Q2 2026 2026 Results Q2 Dry dock of the Vilamoura marina (Portugal), built with concrete. 1
Slide 2: Legal Note
RESULTS Q2 2026 Legal Note This document may contain forward-looking statements regarding intentions, expectations, or forecasts about Molins. These statements may include financial projections and estimates with assumptions, statements regarding plans, objectives, and expectations that may relate t
Slide 3: Strong performance and progress in Secil integration
RESULTS Q2 2026 Strong performance and progress in Secil integration In a global environment marked by geopolitical uncertainty and cost inflation Profitable growth and margin expansion ▪ Sales reached €751m, +50% YoY, LFL +11%, supported by price discipline and the contribution from acquisitions. ▪
Slide 4: Strong performance and progress in Secil integration
RESULTS Q2 2026 Strong performance and progress in Secil integration Strong sales and EBITDA growth in Q2, supported by Secil’s integration and operational discipline, despite an environment of uncertainty and cost inflation Q2 2026 Q2 2025 % var. % LFL¹ HY1 2026 HY1 2025 % var. % LFL¹ 483 252 92% 1
Slide 5: Sales growth supported by price discipline
RESULTS Q2 2026 Sales growth supported by price discipline ▪ Strong acceleration in Q2 sales following the consolidation of Secil. ▪ Like-for-like sales increased by 11%, supported by price discipline despite adverse weather conditions in Spain and Portugal during Q1. ▪ Secil and other acquisitions
Slide 6: EBITDA growth driven by pricing and efficiency
RESULTS Q2 2026 EBITDA growth driven by pricing and efficiency ▪ Strong business performance across all regions. ▪ Like-for-like Operating EBITDA increased by 13%, supported by price discipline and operational efficiency initiatives despite the inflationary environment, particularly in energy, fuel
Slide 7: Strong operating performance
RESULTS Q2 2026 Strong operating performance Like-for-like sales (+11%) and Operating EBITDA (+13%) growth. Significant contribution from acquisitions and outstanding performance in Mexico. SALES OPERATING EBITDA HY1 2026 HY1 2025 % var. % LFL¹ HY1 2026 HY1 2025 % var. % LFL¹ Europe 494 298 66% 1% 1
Slide 8: Strong growth in Adjusted EBITDA
RESULTS Q2 2026 Strong growth in Adjusted EBITDA ▪ Adjusted EBITDA reached €237m (like-for-like +14%). ▪ Growth was supported by the increase in Operating EBITDA (€+65m) and the stronger contribution from joint ventures (€+12m), notably Mexico, driven by volume growth, price discipline, and favourab
Slide 9: Strong cash generation and deleveraging
RESULTS Q2 2026 Strong cash generation and deleveraging ▪ Strong free cash flow generation of €117m, reinforcing the company’s deleveraging capacity. ▪ €54m of dividends received from equity-accounted investments. ▪ Growth investments focused on value creation: o Acquisition of Secil (EV: €1.4bn), s
Slide 10: Strong liquidity position and well-balanced debt profile
RESULTS Q2 2026 Strong liquidity position and well-balanced debt profile ▪ Diversified funding structure, supported by both bank financing and capital markets. ▪ Acquisition of Secil financed through a €680m Term Loan A and a successful inaugural €500m bond issuance. ▪ Long-term debt profile, with a
Slide 11: Building the present. Shaping the future.
RESULTS Q2 2026 Building the present. Shaping the future. 11
Slide 12: Annex: Financial statements according to EU-IFRS
RESULTS Q2 2026 Annex: Financial statements according to EU-IFRS Consolidated Balance Sheet Consolidated Profit & Loss Statement Figures in €m Jun 30th, 2026 Dec 31st, 2025 Figures in €m Q2 2026 Q2 2025 Intangible assets and goodwill 1.789 438 Income 751 500 Property, plant and equipment 1.200 713 R
Slide 13: Basis for information presentation
RESULTS Q2 2026 Basis for information presentation The information included in this “Results Q2 2026” has been prepared in accordance with International Financial Reporting Standards (IFRS), applying the consolidation methods required by the applicable accounting framework. As Molins had historicall