Interpump Group S.p.a. · MIL:IP

Interpump — Q2 2026 Earnings Presentation

27 slides from Interpump's earnings presentation, Aug 5, 2026

  1. Slide 1: 2026 2Q Results

    2026 2Q RESULTS August 5th, 2026

  2. Slide 2: 2Q Group Financial Results

    2026 2Q Group Financial Results Consistent with Group expectations for the period Net Financial Net Sales (€M) EBITDA margin EPS - basic Position (€M) € 0.608 555.3 561.4 23.8% € 0.562 2025 1H 2026 1H 22.9% -305.7 2025 2Q 2026 2Q 2025 2Q 2026 2Q 2025 2Q 2026 2Q -396.9 +1.1% YoY1 -0.9 pp YoY +8.2% Yo

  3. Slide 3: 2Q Hydraulics Results

    2026 2Q ǀ Hydraulics Results YoY improvement in Sales and margin Net Sales (€M), Δ YoY EBITDA (€M) EBITDA margin 81.5 20.9% 21.2% +6.2% +3.8% 13.5 1 73.8 400 21.7 384.5 352.0 -2.7 -0.8% 300 200 +9.2% +10.5% +0.3pp 100 0 2025 2Q Organic M&A FX 2026 2Q 2025 2Q 2026 2Q 2025 2Q 2026 2Q • Further acceler

  4. Slide 4: 2Q Water Jetting Results

    2026 2Q ǀ Water Jetting Results Tough YoY comparison Net Sales (€M), Δ YoY EBITDA (€M) EBITDA margin 203.3 58.3 28.5% 200 0.0 176.9 26.3% 0.0% 46.8 -25.4 -12.5% -1.0 150 -0.5% 100 -13.0% -19.7% -2.2pp 50 0 2025 2Q Organic M&A FX 2026 2Q 2025 2Q 2026 2Q 2025 2Q 2026 2Q • Results affected by the YoY c

  5. Slide 5: 2Q Net Financial Position & Cash Flow

    2026 2Q Net Financial Position & Cash Flow Stable NFP QoQ, despite the solid shareholders’ remuneration € million 0.0 -50.0 -100.0 -150.0 128.4 -200.0 -9.8 -22.0 -250.0 -27.0 -7.4 -18.1 -300.0 2.1 -294.6 -57.3 -305.7 -350.0 Free Cash Flow +62.0 EBITDA CapEx Other Shareholders' N.F.P. N.F.P. 1 Intere

  6. Slide 6: FY Outlook

    2026 FY Outlook Reiterating the guidance provided Free Cash Flow Sales Δ YoY (org.) EBITDA margin consolidate 2025 between -2% ÷ +3% between 22% ÷ 22.5% record achievement FY’25 margin 22.3%; FY’25 cash €220M; FY’25 Sales €2,071M; maintained through continuing normalization ~+2.5% of M&A impact1 div

  7. Slide 7: Looking Ahead

    2026 Looking Ahead • Closely monitoring raw material / energy costs development • Price pass-through implemented selectively to offset risings input costs • US tariffs environment now more stable • July sales evolution in line with Group expectations and coherent with 2Q • A more balanced Hydraulics

  8. Slide 8: Appendix

    APPENDIX

  9. Slide 9: 1H Group Financial Results

    2026 1H Group Financial Results Net Financial Net Sales (€M) EBITDA margin EPS - basic Position (€M) 1,076.9 1,086.3 2025 1H 2026 1H 23.2% € 1.094 € 1.145 22.4% -305.7 2025 1H 2026 1H 2025 1H 2026 1H 2025 1H 2026 1H -396.9 +0.9% YoY1 -0.8 pp YoY +4.7% YoY +€91.2M YoY o/w +0.7% org. 2026 2Q results p

  10. Slide 10: 1H Hydraulics Results

    2026 1H ǀ Hydraulics Results Net Sales (€M), Δ YoY EBITDA (€M) EBITDA margin +3.7% 1 800 +6.5% 45.2 25.8 749.7 155.0 20.5% 20.6% 695.5 143.1 -16.8 -2.4% 600 400 +7.8% +8.3% +0.1pp 200 0 2025 1H Organic M&A FX 2026 1H 2025 1H 2026 1H 2025 1H 2026 1H 2026 2Q results presentation ǀ 5-Aug-26 (1) consoli

  11. Slide 11: 1H Water Jetting Results

    2026 1H ǀ Water Jetting Results Net Sales (€M), Δ YoY EBITDA (€M) EBITDA margin 400 381.4 106.3 27.7% 0.1 25.9% 0.0% 336.6 88.0 300 -37.8 -9.9% -7.0 -1.8% 200 -11.7% -17.2% -1.8pp 100 0 2025 1H Organic M&A FX 2026 1H 2025 1H 2026 1H 2025 1H 2026 1H 2026 2Q results presentation ǀ 5-Aug-26 11

  12. Slide 12: 1H Net Financial Position & Cash Flow

    2026 1H Net Financial Position & Cash Flow € million 0.0 243.1 -50.0 -100.0 -51.2 -150.0 -40.9 -200.0 -43.3 -13.0 -250.0 -22.1 -300.0 -291.1 -82.6 -4.6 -305.7 -350.0 Free Cash Flow +94.6 EBITDA CapEx Other Shareholders' N.F.P. N.F.P. 1 Interest Shareholders’ remuneration N.F.P. 1H'26 N.F.P. EBITDA Δ

  13. Slide 13: Capital Allocation Priorities

    Capital Allocation Priorities Strategically deploying capital – medium-term framework Acquisitions Organic investments priced correctly, CapEx ~4% of Sales “perfect fit” for the Group Return excess capital to shareholders Maintain solid balance sheet between dividends and N.F.P. ~€0 by 2028 E, share

  14. Slide 14: Long-Term Targets (2028 E)

    Long-Term Targets (2028 E) Net Sales (€B) EBITDA margin Net Financial Position (€B) 23.7% 24.0% 2022 2023 2024 2025 2026 2028 E ~2.5 22.0% 22.3% ~22.5% 2.2 ~0.0 2.1 2.1 2.1 -0.3 -0.4 -0.5 -0.5 2022 2023 2024 2025 2026 2028 E 2022 2023 2024 2025 2026 2028 E • Sales target includes organic and • Inclu

  15. Slide 15: Group FY 2025 Sales Split Details

    Group ǀ FY 2025 Sales Split Details (€2,071M) Cleaning Shipyard / Marine 4.8% 4.6% Food & Beverage 9.7% Generic Dealers 13.2% Europe Other RoW 50.8% Generic Contractors 11.1% Industrials 3.4% 8.0% Chemical 2.4% by by Other Automotive; 1.7% APac 13.9% 13.1% geography application Oil & Gas; 1.2% Offsh

  16. Slide 16: Hydraulics FY 2025 Sales Split Details

    Hydraulics ǀ FY 2025 Sales Split Details (€1,355M) Other Shipyard / Marine Industrials 3.5% 9.5% Food & Beverage 0.8% Generic Dealers 15.7% Europe Ind. Vehicles Offshore RoW 53.6% 25.9% 1.4% 12.1% Tunneling; 0.5% Automotive; 0.6% by by Other Mining; 0.7% APac geography 5.9% 9.9% application Other 2.

  17. Slide 17: Water Jetting FY 2025 Sales Split Details

    Water Jetting ǀ FY 2025 Sales Split Details (€716M) Generic Dealers 8.5% Generic Contractors 9.7% Cleaning Europe 13.6% Shipyard / Marine 45.4% RoW 6.6% Automotive 9.2% 3.9% Oil & Gas by by Other 3.4% 13.0% APac geography application 19.0% Steel Aluminum; 2.5% Energy Utilities & Recycling; 1.1% Cons

  18. Slide 18: Group 2025 Sales Details by Main Company

    Group 2025 Sales ǀ Details by Main Company Water Jetting €716M 12% 16% 35% of Group 6% 6% 4% Sales 4% 6% FY 2025 €2,071M 10% Other 6% W.J. Hydraulics Other 5% 5% €1,355M 2% Hydr. 4% 7% 6% 65% of Group 2026 2Q results presentation ǀ 5-Aug-26 18

  19. Slide 19: Sales Details Δ YoY (Organic) Trend

    Sales Details Δ YoY (Organic) Trend +50% Group Hydraulics Water Jetting +40% +30% +20% +10% +0% 1Q'19 2Q'19 3Q'19 4Q'19 1Q'20 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21 3Q'21 4Q'21 1Q'22 2Q'22 3Q'22 4Q'22 1Q'23 2Q'23 3Q'23 4Q'23 1Q'24 2Q'24 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 4Q'25 1Q'26 2Q'26 -10% -20% -30% -40% year

  20. Slide 20: Net Sales & EBITDA Margin Evolution

    Net Sales & EBITDA Margin Evolution 2,500 Net Sales (€M) 2,240 2,078 2,078 2,071 Group 2,000 27% 1,604 26% Water 32% 35% Jetting 1,500 1,279 1,369 1,294 29% 1,087 923 34% 34% 32% 1,000 895 679 36% 73% Hydr. 37% 35% 74% 68% 65% 500 41% 71% 66% 66% 68% 63% 65% 64% 59% 0 2014 2015 2016 2017 2018 2019 2

  21. Slide 21: Group Approach To M&A

    Group Approach To M&A The milestone of Group acquisition strategy • The “Perfect fit” An accurate and comprehensive acquisition process • Accurate and comprehensive process • Deal flows: preferably the Group network • Soft integration • Due diligence: financial, industrial and managerial • Evaluatio

  22. Slide 22: Interpump's Distinctive Features

    Diversification Interpump’s Distinctive Features • Across the widest possible range of applications, products, customers, geographies • High share of local-for-local production Product mix & sales strategies can quickly adapt to Standardization and mergers are not absolute goals; actual signals pick

  23. Slide 23: A Delivering Group – Market Diversification

    A Delivering Group – Market Diversification HYDRAULICS WATER JETTING • Power take-offs, cylinders, hydraulic motors & gear pumps, valves HIGH PRESSURE PUMPS - DEVICES & SYSTEMS • Rubber and flexible metal hoses, rigid pipes, pipe system design and Products / • Piston pumps 1-2,000HP used in high-pre

  24. Slide 24: A Delivering Group – Application Diversification

    A Delivering Group – Application Diversification HYDRAULICS WATER JETTING TRUCK OUTFITTERS FOOD, COSMETICS (1) AUTOMOTIVE Tipping trucks High-pressure homogenizers EARTH MOVING Trash collection Water-jet food cutting, slicing, Rail engine heads deburring Excavators Bodywork cutting Firefighting meat

  25. Slide 25: A Delivering Group – Brand & Product Diversification

    A Delivering Group – Brand & Product Diversification HYDRAULICS WATER JETTING HIGH PRESSURE PUMPS - DEVICES & SYSTEMS INTERPUMP HYDRAULICS - MUNCIE POWER Power take offs GENERAL PUMP - INTERPUMP - PRATISSOLI High flow/pressure pumps EUROFLUID - WALVOIL - WHITE Directional control valves, pumps & mot

  26. Slide 26: Broad Diversification - Key to Resilience & Lower Cyclicality

    Broad Diversification - Key to Resilience & Lower Cyclicality Applications: both divisions have moved from the initial 100% concentration in one sector to a wide range of applications across different industries. Customers: Optimal customer diversification. Largest account represents 1.6% of sales.

  27. Slide 27: Forward Looking Statements & APMs

    Forward Looking Statements & APMs This document contains forward-looking statements, including, without limitation, statements relating to future events, future financial performance, business strategies, expectations, competitive environment, regulation and supply and demand trends. Forward-looking

Interpump Group — Q2 2026 Earnings Presentation on 6ix