Semperit (SEM) investor relations material

Executive summary

• Q1 2026 saw strong operational recovery and momentum from H2 2025, with both divisions contributing to performance.

• Revenue grew 7.9% year-over-year to EUR 163.7 million, EBITDA more than doubled to EUR 26.8 million, margin at 16.4%.

• Focused execution of strategic priorities, cost savings, and innovation initiatives supported results.

• Digital transformation advanced with onboarding of new entities and oneERP initiatives.

• Earnings after tax improved to EUR 8.9 million from a loss of EUR -7.2 million in Q1 2025.

Financial highlights

• Revenues rose to EUR 164 million (up 8% year-on-year); EBITDA more than doubled to EUR 27 million, margin up to 16.4%.

• EBIT improved to EUR 14.4 million from EUR -1.3 million; earnings after tax reached EUR 8.9 million.

• Free cash flow increased to EUR 13.1 million, with disciplined CapEx at EUR 7.7 million.

• Net financial debt reduced to EUR 81.9 million, leverage ratio at 0.9x; cash and cash equivalents at EUR 101.8 million.

• Equity ratio stable at 48.2%.

Outlook and guidance

• Full-year 2026 guidance confirmed: high single-digit revenue growth and operating EBITDA around EUR 95 million (before EUR 5 million project costs).

• CAPEX for 2026 expected at EUR 50 million (EUR 35 million maintenance, EUR 15 million strategic growth).

• Project expenses for oneERP expected at approx. EUR 5 million (P&L effective).

• Mid-term growth drivers include German infrastructure, EU defense spending, and Ukraine reconstruction.

• Ongoing geopolitical and macroeconomic uncertainties, especially regarding raw material costs and demand.