Flugger Group A/s Class B · OMXCOP:FLUG_B

Flugger Group A/s Class B — Q4 2024/25 Earnings Presentation

15 slides from Flugger Group A/s Class B's earnings presentation, September 2025

  1. Slide 1: Investor presentation | Q4 2024/25

    lnvestor presentation | Q4 2024/25

  2. Slide 2: Flügger at a glance

    lnvestor presentation | Q4 2024/25 Flügger at a glance Selected 2024/25 numbers Flügger’s business model Revenue bnDKK EBIT mDKK (guidance) Production Sales channels Customers Own stores 2.3 94 Franchise stores BtB E-commerce R&D BtC Full-time employees Markets DIY/BM chains etc. 1.701 19 Brand exam

  3. Slide 3: Increased earnings from the core business – strategy on track

    lnvestor presentation | Q4 2024/25 Increased earnings from the core business – strategy on track FY 2024/25 Flügger Group (May 2024 – April 2025), mDKK Revenue Gross margin % EBIT +3% 2.2pp 2.272 53.6% +38% 94 2.208 51.4% 68 2023/24 2024/25 2023/24 2024/25 2023/24 2024/25 Growth driven by Internatio

  4. Slide 4: International demonstrated double-digit growth driven by Poland and Nordic sustaining market position

    lnvestor presentation | Q4 2024/25 International demonstrated double-digit growth driven by Poland and Nordic sustaining market position with 2% growth FY 2024/25 sales by segment (May 2024 – April 2025), mDKK Nordic International Partnerships +2% +10% -2% 1,467 1,491 494 294 287 447 20 Other 24 Oth

  5. Slide 5: EBIT impacted positively by the progress in consumers in Nordic and strong growth in Poland

    lnvestor presentation | Q4 2024/25 EBIT impacted positively by the progress in consumers in Nordic and strong growth in Poland FY 2024/25 EBIT by segment (May 2024 – April 2025), mDKK Nordic International Partnerships Other countries mDKK FY 24/25 YoY mDKK FY 24/25 YoY mDKK FY 24/25 YoY Revenue 1.49

  6. Slide 6: EBIT improvement, stable working capital and lower investment requirements result in historically high cash flow

    lnvestor presentation | Q4 2024/25 EBIT improvement, stable working capital and lower investment requirements result in historically high cash flow EBIT (mDKK) improvement follows the plan Significant increase in cash flow (mDKK) Cash flow from operations Cash flow from investments +38% 94 95 256 85

  7. Slide 7: Color guarantee now live in all Nordic Markets

    lnvestor presentation | Q4 2024/25 Color guarantee now live in all Nordic Markets Live in all Nordic Markets ▪ All Nordic markets now offer our Color Guarantee incl. Iceland ▪ We see less than 0.2% customers coming back to get a new color ▪ A spot of uniqueness in a market that usually plays mostly

  8. Slide 8: Opacity guarantee vol 2

    lnvestor presentation | Q4 2024/25 Opacity guarantee vol 2 Extended version ▪ Flügger Facade products are now included in the guarantee as supplement to Wood Tex ▪ We have only had 2 ”claims” across all markets since the guarantee was launched in Spring 2023 ▪ Emphasizes Flügger as a trustworthy par

  9. Slide 9: Revenue was positively impacted by increases in sales prices and product mix combined with a stable overall volume

    lnvestor presentation | Q4 2024/25 Revenue was positively impacted by increases in sales prices and product mix combined with a stable overall volume Revenue development (mDKK) Revenue effects FY 24/25 (mDKK) Revenue Revenue Revenue, LTM Revenue, LTM 2% 1% 3% 700 2.400 2.272 650 21 2.100 600 43 2.20

  10. Slide 10: EBIT improvement driven by a stabilization of costs in combination with cost reductions and price increases

    lnvestor presentation | Q4 2024/25 EBIT improvement driven by a stabilization of costs in combination with cost reductions and price increases EBIT development (mDKK) EBIT effects FY 24/25 (mDKK) EBIT EBIT, LTM EBIT EBIT LTM 150 150 33 100 100 50 32 118 0 50 22 -50 6 94 0 -100 68 -150 -50 -200 -100

  11. Slide 11: Stable working capital and lower investment requirements result in historically high cash flow and reduction of NIBD

    lnvestor presentation | Q4 2024/25 Stable working capital and lower investment requirements result in historically high cash flow and reduction of NIBD Net working capital (mDKK) Financial solidity2 (mDKK) WC Working Capital Working Capital / Ratio1 Ratio% NIBD NIBD NIBD / EBITDA NIBD/EBITDA 600 20%

  12. Slide 12: Historically high dividend of 20 DKK per share

    lnvestor presentation | Q4 2024/25 Historically high dividend of 20 DKK per share Price/earnings development Share price development incl. reinvested dividends Accumulated dividend Stock price, ultimo Dividend/share proposed P/E, LTM Incl. discontinued Incl. discontinued operations operations 54x 90

  13. Slide 13: Share price development

    lnvestor presentation | Q4 2024/25 Share price development Flügger’s share price development Flügger’s relative share price development (indexed) Share price Share price (DKK) Volume (# of shares) Price indexed Flügger Akzo Nobel 800 DKK 5 mio.kr. share buyback 280 PPG announced 13 August 2024 Sherw

  14. Slide 14: 2025/26 Outlook & financial guidance

    lnvestor presentation | Q4 2024/25 2025/26 Outlook & financial guidance Financial guidance 2025/26 Revenue 2,200m – 2,400m Unchanged vs. LY EBIT 100m – 120m +6 – 28% vs. LY By nature, all forward looking statements involve risk and uncertainty because they relate to future events that are often beyo

  15. Slide 15: Please contact IR@flugger.com for any further questions

    Please contact IR@flugger.com for any further questions or visit flugger.com/investor

Flügger Group — Q4 2024/25 Earnings Presentation on 6ix