Earnings release
Page 1
Regulated information - Half - year results Confidential until August 6 , 2026 - 17.40 CET JENSEN Press Release JENSEN - GROUP reports strong order intake and revenue growth for H1 2026 HIGHLIGHTS ( in thousands of euros ) Order intake H1 2026 279,221 Q2 2026 110,539 Q1 2026 168,682 H1 2025 258,686 Variance % 20,535 7.9 % Revenue 316,247 161,942 154,305 263,134 53,113 20.2 % Operating Profit ( EBIT ) 39,142 17,515 21,627 35,500 3,642 10.3 % Consolidated result attributable to equity holders 28,844 12,628 Earnings per share 3.14 1.37 16,216 1.76 32,439 -3,595 -11.1 % 3.43 -0.29 -8.6 % • " The order intake for the first half of 2026 has reached another high , totaling 279.2 MEUR . JENSEN - GROUP's revenue for the first semester increased with 20.2 % , amounting to 316.2 MEUR . The operating profit ( EBIT ) has risen to 39.1 MEUR , compared to 35.5 MEUR during the first six months of 2025 , reflecting a 10.3 % growth . The investments in Inax and Tolon have less positive impact versus last year , contributing 1.4 MEUR to the share in the results of associates and companies accounted for using the equity method , compared to 3.9 MEUR in the first half of 2025 . The consolidated result attributable to equity holders amounts to 28.8 MEUR and leads to an Earnings per Share of 3.14 euro , a decrease of 8.6 % in comparison to 3.43 euro at the end of June 2025 . Following our strategy to strengthen our production capabilities , we are investing further in the expansion of our capacity in the United States . We continue investing in our infrastructure in Artificial Intelligence and robotics to further grow automation business . Additionally , we are committed to expanding our recurring revenue streams through growth in our Maxi - Press business . 1
Page 2
2 Outlook After a strong first half year, the Group is cautious for the second half seen the increasing market uncertainty and lower order intake in Q2 2026 compared to Q2 2025. The Group’s aim for the second half of 2026 is to hold firm to its strategic course, and to remain relentlessly focused on executing its strategy. Priorities include operational excellence and agility in execution, while investing in sustainable innovation and pursuing growth opportunities in order to solidify its market position and profitability. Risk factors continue to revolve around the unpredictability of the global geopolitical and economic dynamics, and in particular, the potential impact of the conflict in the Middle East and the potentially negative financial effect of trade tariffs, as well as the possible adverse impact on customer demand and investment behaviour. Other risk factors to be considered are exchange rate volatility, changes in energy and transportation costs, and competitive pressure in general. Share buy-back program The Bylaws of the Company allow the purchase of own shares. During the share buy-back program of March 10, 2022 to May 18, 2026, 456,313 shares have been bought back at an average price of 50.06 euro for a total amount of 22.8 MEUR. On May 18, 2026, the Board of Directors decided to implement a new program to buy back a maximum of 963,140 shares or 10% of its own shares, starting as from September 1, 2026. This program is in accordance with the mandate given by the Extraordinary Shareholders’ Meeting of May 16, 2023 and will expire on June 2, 2028.
Page 3
3 Key figures Income statement, for 6 months ended on June 30 June 30 Variance (in thousands of euro) 2026 2025 % Revenue 316,247 263,134 20% Operating profit (EBIT) 39,142 35,500 10% EBITDA 45,508 40,519 12% Net interest charges (+) / income (-) 436 -449 -197% Share in result of associates and companies consolidated under equity method 1,411 3,948 -64% Profit before taxes 38,788 40,834 -5% Result from assets held for sale -15 -51 -71% Profit for the period from continuing operations 29,572 32,528 -9% Result attributable to non-controlling interest 728 89 718% Consolidated result attributable to equity holders 28,844 32,439 -11% Net cash flow 35,210 37,458 -6% Balance sheet June 30 December 31 Variance (in thousands of euro) 2026 2025 % Equity 322,828 303,743 6% Net financial debt (+) / net cash (-) 25,360 9,675 162% Working capital 240,230 214,668 12% Non-current assets (NCA) 130,770 125,412 4% Capital employed (CE) 371,000 340,079 9% Market capitalization (end-of-period) 778,048 541,462 44% Entreprise value (EV) 803,408 551,137 46% Ratios June 30 2026 June 30 2025 Variance EBIT / Revenue 12.38% 13.49% -8% EBITDA / Revenue 14.39% 15.40% -7% ROCE (EBIT / CE) (L4Q) 20.38% 21.20% -4% ROE (Net profit / equity) (L4Q) 17.58% 18.18% -3% Gearing (Net debt(+) net cash (-)/ equity) 7.86% 3.19% 147% EBITDA interest coverage 104.38 Net financial debt (+) or net cash (-)/ EBITDA (L4Q) 0.20 -0.11 -284% Working capital / revenue (L4Q) 38.30% 37.84% 1% EV/ EBITDA (L4Q) 7.84 6.21 26% Key figures per share, for 6 months ended on (in euro) June 30 2026 June 30 2025 Variance EBITDA 4.95 4.29 15% Consolidated result attributable to equity holders (=EPS) 3.14 3.43 -8% Net cash flow 3.83 3.96 -3% Equity (= book value) (June 30, 2026; December 31, 2025) 35.19 30.82 14% Number of shares outstanding (average) 9,189,604 9,449,996 -3% Number of shares outstanding (end-of-period) 9,175,095 9,386,830 -2%
Page 4
4 Definitions EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) = operating profit (EBIT) + depreciation and amortization expenses + impairment, write-downs and provisions Net interest charges = interest charges – interest income Net cash flow = consolidated result attributable to the equity holders + depreciation and amortization expenses + impairment, write-downs and provisions Net financial debt (+)/net cash (-) = borrowings (non-current and current) + government grant – financial fixed assets at amortized cost - financial fixed assets at fair value through OCI - cash and cash equivalents Working capital = inventory + advance payments + current trade receivables + contract assets – trade payables – contract liabilities Non-current assets = intangible assets + goodwill + property plant and equipment Capital employed = working capital + non-current assets (see definitions above) Market capitalization = share price x number of shares outstanding Enterprise value = market capitalization + net financial debt (+)/net cash (-) (see definitions above) EBITDA interest coverage = EBITDA/net interest charges (see definitions above) L4Q = aggregate of the last four quarters For ratios comparing figures from the consolidated statement of comprehensive income with figures from the consolidated statement of financial position, the average figure from the consolidated statement of financial position is used. The average is the opening balance and closing balance divided by two. In the ratios presented per end of June 2026, the opening balance equals the December 31, 2025 and for the comparable period the December 31, 2024 figures. ROCE (return on capital employed) = EBIT (L4Q)/average capital employed ROE (return on equity) = consolidated result attributable to equity holders (L4Q)/ average equity Average net financial debt (+) or net cash (-)/EBITDA (L4Q) Average working capital / revenue (L4Q) Average capital employed / EBITDA (L4Q).
Page 5
5 Financial calendar November 4, 2026 – evening: Trading update Q3 2026. March, 2027: 2026 results (Analyst meeting) May 18, 2027, 10:00 AM: Annual Shareholders' meeting About JENSEN-GROUP JENSEN-GROUP, listed on Euronext Brussels, assists heavy-duty laundries worldwide to provide quality textile services economically. The Group has become a preferred supplier in the laundry industry by leveraging its broad laundry expertise to design and supply sustainable single machines, systems and integrated solutions. JENSEN-GROUP is continuously growing by extending its offer and by developing environmentally friendly and innovative products and services that address specific customer needs. JENSEN-GROUP is the top-of-mind supplier when it comes to sustainable solutions through its CleanTech concept, highly automated material handling solutions as well as groundbreaking new approaches utilizing robotics and AI in industrial laundries. The success results from combining global skills with local presence. JENSEN-GROUP has operations in 23 countries and has distribution in more than 50 countries. As per June 30, 2026, JENSEN-GROUP employs worldwide 2,407 employees. (End of press release) For more information, please contact: JENSEN-GROUP Jesper Munch Jensen, Chief Executive Officer Doga Cagdas, Chief Financial Officer Scarlet Janssens, Investor Relations Manager E-mail: investor@jensen-group.com