EUROKAI (EUK3) investor relations material

Executive summary

• Nine-month container handling rose 8.7% YoY to 11.346 million TEUs; higher volumes and storage fees supported revenue and operating profit.

• Despite higher costs and geopolitical uncertainty, performance improved across the CONTSHIP Italia and EUROGATE segments; FY 2026 consolidated earnings are expected to exceed the prior year.

Financial highlights

• Revenue and operating profit improved, driven by higher handling volumes and storage fee revenue; no consolidated amounts were stated in the reported text.

• At La Spezia, improved price mix and storage fees supported revenue and operating profit; intermodal earnings also benefited from higher transport volumes and pricing and cost optimisation.

• Higher personnel, energy and transport costs partly offset operating improvements; planned automation preparation costs weighed on EUROGATE operating profit.

Outlook and guidance

• Excluding the North Sea Terminal Bremerhaven partnership extension earnings contribution, FY 2026 consolidated earnings are expected at the prior-year level; the extension is expected to add ~EUR 20 million.

• Including the expected partnership contribution, FY 2026 consolidated earnings are forecast to exceed the prior year; the forecast remains exposed to geopolitical risks.

• Planned strategic partnerships at Hamburg are expected to be implemented in H1 2027 and could significantly benefit 2027 earnings; effects cannot yet be reliably quantified.