Fleetwood Limited · ASX:FWD
Fleetwood — Investor Presentation (February 2026)
23 slides from Fleetwood's investor presentation, Feb 25, 2026
Slide 1: 1H FY2026 Results Presentation
1H FY2026 Results Presentation 25 February 2026 Community Solutions: Searipple Village, Karratha WA,
Slide 2: Today's Speakers
Today’s Speakers Andrea Pidcock Cate Chandler Chief Executive Officer Chief Financial Officer 2
Slide 3: Acknowledgement of Country
Fleetwood Australia acknowledges the Gadigal people of the Eora Nation, the traditional custodians of this land on which we meet today. We pay our respects to Elders past and present. Artwork by Garry Purchase ( Dharawal , Bidjigal and Dhungutti ) 3
Slide 4: Vision and Values
Zero Harm Zero harm for people and the environment Collaboration Vision Better together To be the leader in reimagining sustainable spaces Values Zero harm, Integrity Collaboration, Say what we do and Integrity, Accountability, do what we say Innovation Purpose To create innovative spaces so people
Slide 5: Operating Segments
Operating Segments WA SA VIC Sold 18 February 2026 NS W QL D 5
Slide 6: Overview 1H26
Overview 1H26 Interim Net Profit After Tax Underlying* EBIT Fully Franked Dividend $8.6M $18.5M 9.5 cps Up $3.9M on 1H25 Up $0.2M on 1H25 Down 2 cps 1H25 Community Solutions Building Solutions RV Solutions Order Book Underlying EBIT (1) Searipple Occupancy 95% 1H26 $157M Dec - 25 $0.7M 1H25 71% Up $
Slide 7: Year on year progress
Year on year progress 19.4 Underlying (1) EBIT $M 18.3 18.5 2.1 6.3 2.2 2.0 1H24 1H23 2H24 1H25 1H26 2H25 2H23 (1) Underlying EBIT excludes restructuring costs and impairments in RV Solutions in 1HFY25 and 1HFY26, refer to Appendix for det ails 7
Slide 8: Financial Results
Financial Results Cate Chandler Chief Financial Officer Building Solutions: Russell Island State School QLD 8
Slide 9: Profit & Loss
$ Million H1FY26 H1FY25 Change Profit & Loss Revenue EBITDA 229.5 22.9 272.7 25.2 - 43.2 - 2.3 Impairment - - 6.0 6.0 Depreciation - 9.2 - 8.8 - 1.3 EBIT 13.7 10.4 3.3 EBIT % Revenue 5.9% 3.8% 2.1% ✚ Revenue from higher occupancy in Community Solutions was Finance costs - 1.2 - 0.9 - 0.3 offset by d
Slide 10: Cash Flow & Capital Management
$ Million H1FY26 H1FY25 Change Cash Flow & EBITDA Non - cash 22.9 - 0.9 25.2 - 6.0 - 2.3 5.1 Capital Management Working capital and other Operating cash flow - 15.2 6.8 5.4 24.6 - 20.6 - 17.8 Cash conversion 30% 98% - 65% Net capex - 3.1 - 3.2 0.1 Net interest paid - 0.4 - 0.3 - 0.1 ✚ Free cash flow
Slide 11: Segment Results
Segment Results Cate Chandler Chief Financial Officer Building Solutions: Perth Factory WA
Slide 12: Community Solutions
Community Solutions $ Million H1FY26 H1FY25 Var Performance Occupancy % 95% 71% 24% ✚ Searipple Village occupancy of 95% in 1HFY26 was underpinned by Revenue 46.1 33.5 12.6 contracted rooms nights from Rio Tinto, SCJV and Woodside , supported EBIT 23.4 16.8 6.6 by several maintenance and constructio
Slide 13: Building Solutions
Building Solutions $ Million H1FY26 H1FY25 Var Performance Highlights Work in Hand 157.0 137.0 20.0 ✚ Revenue decline of 27% is due to materially softer revenue in NSW and Repeatable Revenue % 77% 83% - 6% project delays in QLD impacted the timing of revenue , while all other Revenue 148.8 202.6 - 5
Slide 14: RV Solutions
RV Solutions $ Million H1FY26 H1FY25 Var Performance Highlights Revenue 33.2 36.0 - 2.8 ✚ RV Solutions has returned to profitability through the closure of local EBIT - 4.1 - 8.6 4.5 manufacturing, product rationalisation and site consolidation in Victoria EBIT % Revenue - 12.4% - 24.0% 11.6% ✚ The
Slide 15: Strategy Update & Outlook
Strategy Update & Outlook Andrea Pidcock Chief Executive Officer Community Solutions: Searipple Village Karratha, WA 15
Slide 16: Community Solutions Strategy and Outlook
Community Solutions Strategy Outlook ✚ Optimise Searipple Village across the cycle by working ✚ Searipple Village FY26 contracted occupancy is currently with long term counterparties to secure base contracted 96% with some rooms still available in June business, layering in additional rooms nights f
Slide 17: Building Solutions Strategy and Outlook
Building Solutions Strategy Outlook ✚ Accelerate transformation from builder to manufacturer ✚ The current order book is $157M Dec - 25 is up from $137M Dec - 24 ✚ Build a diversified order book in key segments: Housing, ✚ H 1FY26 order intake of $215M is supporting H 2FY 26 revenue Education, Defen
Slide 18: RV Solutions Strategy and Outlook
RV Solutions Strategy Outlook ✚ N orthern RV plumbing services was sold on a going concern ✚ The RV domestic OEM market continues to face headwinds basis for $ 4.85M and Fleetwood will cease operating the with further declines in the OEM segment expected business from 18 February 2026 ✚ Camec will c
Slide 19: Summary and Outlook
Summary and Outlook ✚ Underlying EBIT $18.5M and an interim Dividend of 9.5 cps ✚ The current policy to pay 100% of NPAT as fully franked dividends remains unchanged ✚ On - market buyback of ordinary shares up to $5.0M for a period of 12 months Community Solutions Building Solutions RV Solutions ✚ F
Slide 20: Q&A
Q&A 20
Slide 21: Appendix: RV Solutions Impairment & Restructuring costs
Appendix RV Solutions Impairment & Restructuring costs $ Million H1FY26 H1FY25 Change ✚ H 1FY26 underlying results excluded $4.8M in restructuring Impairment Goodwill NRV - 6.0 costs related to the closure of manufacturing and site Impairment Dandenong lease 1.3 - consolidation in Victoria Impairmen
Slide 22: Thank you
Thank you For further information, please contact: Cate Chandler Chief Financial Officer 0419 186 575 Investor Relations : info@ fleetwood.com.au 22
Slide 23: Important Notices and Disclaimer
Important Notices and Disclaimer The information contained in this presentation is provided by Fleetwood Limited ACN. 009 205 261 (Fleetwood) for informationa l p urposes only and does not constitute an offer, invitation or recommendation to subscribe for or purchase any securities and neither this