JOST Werke (JST) Investor presentation summary

Market leadership and product portfolio

• Holds leading market positions in landing legs, fifth wheels, front loaders, and hydraulic cylinders across Europe, Americas, Asia, Middle East & Africa, and Pacific regions, with #1 or #2 rankings in most categories.

• Offers a wide range of mission-critical systems for on- and off-highway commercial vehicles, serving transport, agriculture, construction, mining, and environmental industries.

• Strong brands and high customer loyalty, with a push & pull sales strategy and high barriers to entry due to network effects.

Financial performance and outlook

• FY 2025 preliminary sales reached €1,534m, up 43.5% from the prior year, with an adjusted EBIT of €145m (+28.6%) and free cash flow of €126m.

• Adjusted EBIT margin for FY 2025 was 9.5%, with capex at 2.8% of sales and net working capital at 15.1% of sales.

• Ambition for 2030 is to exceed €2bn in sales revenue and €10 adjusted EPS, targeting an EBIT margin corridor of 10.0% to 12.0%.

Strategic growth and resilience

• Pursues a 50/50 organic and inorganic growth strategy, aiming to grow sales to over €2bn by 2030 and increase exposure to higher-margin off-highway markets.

• Maintains a diversified business model across geographies, industries, and customers, with a strong aftermarket share and balanced regional spread.

• M&A remains a key growth driver, with recent acquisitions including Hyva, Alö (Quicke), Crenlo, and LH Lift, and a disciplined playbook for value-accretive deals.