Page 1

SBO 1/4 Press release Vienna / Ternitz , 20 August 2026 New upcycle : SBO bookings increase in H1 despite Middle East conflict • • • Bookings increased to MEUR 235.3 in H1 ( + 8.5 % ) ; the trend from Q1 continued in Q2 despite the ongoing Middle East conflict Order backlog continues to grow to MEUR 117.9 , up 31.7 % since the beginning of the year Sales gaining momentum sequentially : after eight quarters of decline or stagnation , sales increased 7.7 % from Q1 to Q2 , driven by the recovery in the Precision Technology division EBITDA margin remained with 11.8 % in double digits despite the challenging market environment Diversification accelerating : growth in additive manufacturing and rising demand in geothermal energy and the subsea flow control market SBO AG entered a new upcycle in the first half of 2026. Bookings increased to MEUR 235.3 ( 1-6 / 2025 : MEUR 216.9 ) , up 8.5 % year - on - year , with the positive trend from the first quarter carrying into the second quarter despite the ongoing Middle East conflict ( Q2 2026 : MEUR 117.7 ; Q1 2026 : MEUR 117.6 ) . The order backlog continued to increase , reaching MEUR 117.9 as of 30 June 2026 ( 31 December 2025 : MEUR 89.5 ) , an improvement of 31.7 % . The share of bookings from new business areas outside the oil and gas industry is approaching the 10 % mark a clear sign that SBO's diversification strategy is delivering measurable results , driven by geothermal energy , 3D metal printing and new high - performance materials . - CEO Klaus Mader comments on this development : “ A new upcycle in our core business is beginning . Our rising bookings show that we have passed the trough . Despite the Middle East conflict and volatile oil prices , the improved bookings from the first quarter continued . " Sales and earnings for H1 2026 were below the prior year , reflecting the expected time lag of a few quarters following the low bookings of 2025 and the operational impact of the Middle East conflict . Sales reached MEUR 204.7 ( 1-6 / 2025 : MEUR 253.6 ) , burdened by FX - effects . Adjusted for these currency translation effects , sales declined by 14.7 % in H1 2026. A sequential improvement was already visible : after eight quarters of declining or , more recently , stagnating sales , in the second quarter sales clearly increased by 7.7 % quarter - on - quarter ( Q2 2026 : MEUR 106.1 ; Q1 2026 : MEUR 98.5 ) . Earnings before interest , taxes , depreciation , and amortization ( EBITDA ) amounted to MEUR 24.2 in the first half of the year ( 1-6 / 2025 : MEUR 44.5 ) - a sales - related decline resulting from the lower bookings recorded in the prior year . Despite the challenging market environment , the EBITDA margin remained with 11.8 % in double digits ( 1-6 / 2025 : PRESS RELEASE