Ackermans & Van Haaren (ACKB) investor relations material

Executive summary

• Net result for 1H2026 reached €339.6 million, up 24% year-over-year, driven by strong performances across core businesses and a significant rebound in Growth Capital contributions.

• Core segments contributed €322.8 million (+13%), with DEME, Delen Private Bank, CFE, and SIPEF all posting higher results.

• Equity per share increased by 6.2% since year-end 2025, reaching €180.58, with a market capitalization of €9.48 billion as of June 30, 2026.

• The group maintained a robust net cash position of €524.4 million, supporting continued investments and strategic acquisitions.

• ESG leadership recognized by Sustainalytics, with ongoing initiatives in climate change, energy transition, and talent management.

Financial highlights

• Revenue stable at €3,030.2 million; operating profit steady at €327.9 million.

• Consolidated group result before capital gains rose 24% year-over-year to €336.2 million.

• Shareholders' equity increased to €5,898.5 million, up from €5,364.5 million in 1H2025.

• Net result per share for 1H2026 was €10.39, compared to €8.36 in 1H2025.

• Gross dividend distributed in June 2026 was €4.60 per share.

Outlook and guidance

• Net profit for full year 2026 is expected to grow by more than 10%, with strong momentum anticipated to continue into the second half.

• DEME's 2026 turnover is projected to slightly exceed 2025, with EBITDA margin expected to remain stable.

• SIPEF forecasts 2026 recurring results to surpass the record set in 2025, targeting 470,000 tonnes of crude palm oil production.

• CFE expects a return on equity of at least 10% for 2026.