Global Dominion Access (DOM) investor relations material

Executive summary

• Achieved 10% organic revenue growth at constant currency in H1 2025, surpassing strategic targets and driven by strong order intake and new projects.

• EBITDA increased by 10% year-over-year, reaching a record 13.7% margin on sales, reflecting improved profitability and operational leverage.

• Strategic focus on high-margin activities, divestment of noncore and renewable assets, and operational transformation strengthened positioning in sustainability, technology, and energy transition sectors.

• Recurring net profit rose 40% year-over-year on a like-for-like basis, but reported net profit was impacted by a €14 million non-cash valuation adjustment on Dominican Republic PV assets due to USD depreciation.

• Operating income and margins continue to grow, reflecting benefits from portfolio simplification and focus on environmental and tech energy sectors.

Financial highlights

• Revenue/turnover reached €538 million, with 10% organic growth and 13% inorganic growth, partially offset by divestments and a 2% negative currency impact.

• EBITDA margin hit a record 13.7% of revenue, with EBITDA up 10% year-over-year.

• EBIT reached €38.6 million, up 4% on a comparable basis.

• Net income was €5 million, or €19 million excluding the €14 million Dominican Republic adjustment, up 40% year-over-year on a pro forma basis.

• Finance costs reduced by 25% to €7 million, mainly due to lower interest rates.

Outlook and guidance

• Guidance for 2026 remains unchanged, with management confident in achieving targets due to strong organic growth and ongoing strategic divestments and investments.

• Focus remains on profitable growth in high value-added sectors, leveraging in-house management and international expansion, especially in circular economy and decarbonization.

• Expectation of continued margin improvement and growth in environmental and tech energy segments.