Aktor Societe Anonyme Holding Company Technical and Energy Projects (AKTR) investor relations material

Executive summary

• Completed transformation into six operating subsidiaries, expanding into LNG, renewables, circular economy, and water, with construction as the backbone and strategic partnerships broadening the portfolio.

• Pro forma EBITDA surged 85% to €120 million, reflecting successful acquisitions and strategic execution.

• Major capital raise of €950 million, including a €650 million share capital increase and €300 million bond, both oversubscribed, fully funds a €3 billion CapEx plan through 2031.

• Market capitalization rose to €2.6 billion, with share price up 605% since 2022 and free float increased to 35%.

• Over 200 new international institutional investors joined, strengthening the capital base.

Financial highlights

• Turnover reached €649 million, up 44% year-over-year; gross profit at €82 million, up 11%.

• Pro forma EBITDA at €120 million, up 85% year-over-year, with margin rising to 15%.

• Net debt at €429 million (1.9x EBITDA), cash position €1.1 billion, equity €1 billion (+157%).

• Profit before tax (pro forma) at €37 million, more than double last year.

• Market capitalization at €2.6 billion as of September 24, 2026.

Outlook and guidance

• Growth plan fully funded, aiming for €600–700 million EBITDA by 2031, with 65% already secured through agreements.

• Strategic focus on recurring revenues from concessions, renewables, LNG, and circular economy.

• Project energizations and storage integration expected to unwind H1 2026's negative impacts in renewables from FY2027.

• Focus on high-margin, quality contracts and digitalization to sustain profitability.

• Full integration of recent acquisitions expected to drive sustained high profitability.