ASTA Energy Solutions (1AST) investor relations material

Executive summary

• Achieved strong commercial momentum in Q1 2026, driven by robust demand, successful IPO raising approximately €125 million, and new or extended long-term agreements with major OEMs such as Siemens Energy, Prolec GE Vernova, and Ganz Electric.

• Positioned at the core of the global energy transition, leveraging proprietary copper solutions and expanding capacity in Bosnia, India, and China.

• Net sales grew 15.3% year-over-year to €196.4 million in Q1 2026, reflecting high demand, price adjustments, and improved production utilization.

• Adjusted EBITDA rose 68.6% year-over-year to €17.2 million, with margin expansion and operational excellence.

• Net income surged to €6.3 million from €0.9 million in Q1 2025, with EPS rising to €0.49.

Financial highlights

• Net sales: €196.4 million in Q1 2026, up 15.3% year-over-year; net-value sales increased 35.7% to €46.4 million.

• Adjusted EBITDA: €17.2 million (+68.6% year-over-year), margin on net-value sales at 37.1%.

• EBIT margin reached 6.1% of net sales, despite €2.6 million in IPO-related one-offs.

• Free cash flow improved to €12.1 million, up 365% year-over-year, with a cash conversion rate of 70.3%.

• Net cash position of €38.6 million as of March 31, 2026, compared to net debt of €56.6 million at year-end 2025.

Outlook and guidance

• Full-year 2026 guidance reaffirmed: net sales expected to exceed €790 million, net-value sales above €170 million, and adjusted EBITDA forecasted between €55 million and €59 million, excluding IPO-related costs.

• High visibility supported by expanding firm order backlog, robust demand, and long-term customer agreements.

• Aims for annual sales exceeding €1 billion in the long term, supported by strategic focus and strong customer relationships.