Daldrup & Söhne (4DS) Investor presentation summary

Business overview and market position

• Nearly 80 years of experience as a drilling service provider, operating in geothermal, raw materials & exploration, special drilling services (EDS), and water extraction.

• Family-owned, mid-sized company in its third generation, with 58.4% family ownership and 41.6% free float.

• Regional focus on DACH and Benelux countries, with around 160 employees.

• Only provider with such a broad drilling spectrum, offering long-term growth potential.

Financial performance and profitability

• 2025 preliminary total output: €50.8 million (down from €54.6 million in 2024), but EBIT margin increased to 17.4% from 12.7%.

• Strong order backlog of €120 million as of March 31, 2026, up 287% year-over-year.

• Relevant market volume rose to €380 million by March 2026.

• High equity ratio supports sustainable growth.

Business segments and diversification

• Raw materials & exploration contributed 50.4% of 2025 output, geothermal 30.5%, EDS 14.7%, and water extraction 4.4%.

• Geothermal segment is a market leader in deep geothermal drilling, serving mainly municipalities and utilities.

• EDS provides environmental services such as site remediation and groundwater monitoring.