Inmocemento (IMC) investor relations material

Executive summary

• Net turnover increased by 8.3% year-over-year to €244.9 million, driven by higher revenues in the Real Estate development segment.

• EBITDA rose 4.7% to €78.2 million, with the Real Estate area contributing 52% and Cement 48% of group EBITDA.

• Net profit attributable to the parent company grew 5.5% to €38.8 million, supported by EBITDA growth and reduced financial expenses.

• Net financial debt decreased by 17.9% to €376.8 million, reflecting strong operating cash flow generation.

• Equity increased by 1.6% to €3,316.7 million, mainly due to net profit contribution.

Financial highlights

• Revenue: €244.9 million (+8.3% YoY); EBITDA: €78.2 million (+4.7% YoY); EBITDA margin: 31.9% (-1.1 p.p YoY).

• Net profit: €38.8 million (+5.5% YoY); Net financial debt: €376.8 million (-17.9% vs Dec 2025).

• Trade receivables: €353.6 million (-4.6% vs Dec 2025).

Outlook and guidance

• Real Estate segment expects continued growth in unit deliveries, with 90.1% of 2026 and 56.2% of 2027 planned deliveries already reserved or sold.

• Cement segment faces challenges from weather and maintenance costs but continues to invest in decarbonisation and innovation.