Ideal Holdings (INTEK) investor relations material

Executive summary

• 2025 marked a transformational year with record-high profitability, strong operational performance, and major strategic achievements including the acquisition of 100% of Barba Stathis for €130 million, a partnership with Oak Hill Advisors, and a successful capital increase.

• Oak Hill Advisors invested €102.5 million, acquiring 25% of investments and strengthening strategic partnerships.

• Share capital increase raised €48 million, oversubscribed 2.6x, enhancing capital structure.

• Aggregate 4-year capital return of €1.13/share, total distribution €54.2 million, representing up to 23% of current market capitalization.

• Continued focus on shareholder value, with disciplined investment and dividend policy.

Financial highlights

• Comparable EBITDA rose to €58 million, up 48% year-over-year; IFRS EBITDA reached €62.8 million, up 26%.

• Comparable EBT increased to €36.7 million (+54%); Comparable EAT up to €26.1 million (+59%).

• Revenue grew 35% year-over-year to €513.4 million; gross profit up 35% to €173.3 million.

• Distributed €0.40 per share dividend for 2025, totaling €21.6 million (6.6% yield).

• Market capitalization increased by 24% year-over-year.

Outlook and guidance

• Entering 2026 with a strong capital base, enhanced liquidity, and a clear investment focus, aiming for continued value creation and margin expansion.

• Targeting at least 15% IRR or 2x cash-on-cash returns on future exits.

• Committed to distributing 40%-50% of net earnings as dividends over the next three years, with potential additional capital returns from asset exits.