Wella (WELA) investor relations material

Company overview and business model

• Operates as the largest pure-play hair and nail company globally, with a presence in over 100 countries and $2.9B net revenue in FY 2026.

• Portfolio includes seven strategic brands spanning professional and consumer channels, with a focus on science-led innovation and strong professional relationships.

• Business model leverages a professional-first heritage, robust R&D, and a dual-channel strategy targeting both salons and end consumers.

• Maintains a global supply chain with three owned factories and a network of third-party manufacturers for flexibility and efficiency.

• Key brands include Wella Professionals, ghd, Clairol, OPI, Koleston, Sebastian Professional, and Nioxin.

Financial performance and metrics

• FY 2026 net revenue: $2.9B; net income: $62M; Adjusted EBITDA: $522M; Adjusted EBITDA margin: 18%.

• Achieved 22 consecutive quarters of year-over-year net revenue growth on a constant currency basis.

• Net revenue CAGR of 5% from FY 2024 to FY 2026; Adjusted EBITDA CAGR of 12% over the same period.

• Free cash flow in FY 2026 was $159M; net cash from operating activities: $225M.

• Historically experienced net losses in four of the last five fiscal years; as of June 30, 2026, $2.29B in outstanding debt.

Use of proceeds and capital allocation

• Net proceeds from the IPO, together with new borrowings, will be used to repay existing debt, cover tax obligations related to equity exchanges, and for general corporate purposes.

• Refinancing transactions will replace the Senior Facilities Agreement with a new credit facility, reducing interest expense and extending maturities.