Montana Aerospace : Interim Financial Report – Q1 2025

About this update from Montana Aerospace Ag

INTERIM FINANCIAL REPORT Q1 2026 WE SHAPE THE FUTURE. WITH EXPERIENCE, A SPIRIT OF INNOVATION AND THE HIGHEST STANDARDS, WE ARE SETTING OUT FOR NEW HORIZONS. 2 INTERIM REPORT Q1 2026 | MONTANA AEROSPACE AG MONTANA AEROSPACE AG -SELECTED KEY FIGURES For the three months ended 31 March (financial figures in M€) 2026 2025 restated * yoy change Net Sales 248.2 238.4 9.8 EBITDA 40.6 38.2 2.4 Adjusted EBITDA 40.6 38.3 2.2 Adjusted EBITDA margin (%) 16.4% 16.1% 0.3% Operating result 17.2 15.5 1.6 Result from continuing operations 10.5 4.5 5.9 Result for the period 10.5 5.3 5.2 Net Cash from operating activities 1.4 -5.4 6.8 Net Cash from investing activities 54.5 -19.6 74.1 Net Cash from financing activities -73.7 15.4 -89.1 Free Cash Flow 55.9 -25.0 80.9 CAPEX spent -11.0 -21.7 10.8 Trade Working Capital 335.1 294.7 ** 40.3 Equity Ratio (%) 65.6% 62.5% ** 3.1% Net Debt (cash) 73.3 128.1 ** -54.8 Total Assets 1,556.7 1,597.6 ** -40.9 Employees 6,468 6,346 ** 122 * The comparative information has been restated due to a discontinued operation (see note 9). However, cash flow activities, free cash flow, CAPEX spent, and balance sheet positions include continued and discontinued operations. ** Comparison period is 31 December 2025. 3 INTERIM REPORT Q1 2026 | MONTANA AEROSPACE AG TABLE OF CONTENTS MONTANA AEROSPACE AG - SELECTED KEY FIGURES 3 FINANCIAL OVERVIEW 5 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS 10 ABOUT MONTANA AEROSPACE 29 DISCLAIMER 30 4 INTERIM REPORT Q1 2026 | MONTANA AEROSPACE AG FINANCIAL OVERVIEW Earnings For the three months ended 31 March (in TEUR) 2026 2026 (adjustments) 2025 2025 restated ** (adjustments) Net Sales 248,192 238,391 Change in finished and unfinished goods Own work capitalized Other operating income Cost of materials, supplies and services Personnel expenses Other operating expenses EBITDA * 11,380 4,751 2,089 9,662 -114,590 -69,303 -32,821 38,179 1,144 3,675 -122,222 -70,369 -31,212 40,588 Stock option plans (share-based payments) Adjusted EBITDA 170 40,588 38,349 Adjusted EBITDA margin Depreciation and amortization Operating Profit (EBIT) -23,431 16.4% -22,665 15,514 16.1% 17,157 Financial result -6,149 11,008 -13,783 Result before tax 1,731 Income tax result Result from continuing operations -526 10,482 2,814 4,545 Result from discontinued operations, net of tax *** Result for the period 727 5,272 10,482 Thereof attributable to: Owners of Montana Aerospace AG Non-controlling interests 10,340 5,269 3 142 * EBITDA is calculated as result for the period before income tax expense, interest income, other financial income, interest expenses, other financial expenses and depreciation and amortization. ** The comparative information has been restated due to a discontinued operation (see Note 9). *** The Group has elected to present the result after tax of the discontinued operation in a separate amount in the statement of comprehensive income and has disaggregated this separate amount into revenue, expenses and result before tax in Note 9. 5 INTERIM REPORT Q1 2026 | MONTANA AEROSPACE AG

View stock analysis, news, and events for Montana Aerospace Ag