Slides
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Feintool | Media and Analyst Conference: Financial Year 2025 Conference starts at 11:00 (Swiss time)
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Media and Analyst Conference: Financial Year 2025 Feintool International Holding AG 26 February 2026Lars Reich CEO & Thomas Erne CFO
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Feintool | Media and Analyst Conference: Financial Year 2025 2 Agenda MEDIA AND ANALYST CONFERENCE 11.00 Welcome Year in Review Financial Results Outlook 11.40 Your Questions 12.00 Lunch and Networking Lars Reich Chief Executive Officer Thomas Erne Chief Financial Officer
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Feintool | Media and Analyst Conference: Financial Year 2025 3 Materials Online now Annual Report 2025 Ad Hoc Release Online after the conference Slides of the presentation Video of the conference Visit: www.feintool.com/financial-results
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4 Year 2025 in Review CEO Lars Reich Feintool | Media and Analyst Conference: Financial Year 2025
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Feintool | Media and Analyst Conference: Financial Year 2025 5 Year 2025 EBIT CHF 4.7m Break Even Level Equity ratio 55.6 %Restructuring in Europe Net Sales CHF 661.4m completed further reduced
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Persistently challenging global markets Low single-digit automotive growth Shifting climate and subsidy policies Subdued demand in industrial applications The Markets 2025 Feintool | Media and Analyst Conference: Financial Year 2025 6
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Feintool 2025 Feintool | Media and Analyst Conference: Financial Year 2025 7 Feintool aligned its cost structure, maintained financial stability and reinforced its position as a reliable partner despite market volatility Structural shifts toward Asia accelerated, with Feintool well positioned—particularly in e-mobility and e-motor core technologies Feintool defended core automotive business, gained selective share in industrial and green-energy applications
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Strategy proving its worth Feintool | Media and Analyst Conference: Financial Year 2025 8 Strategic focus on core technologies (Fineblanking, Forming, E-Lamination Stamping) continues to pay off, with strong positions in conventional and hybrid powertrain components E-Lamination Stamping is the future-critical technology; 60% of new projects relate to e-motor cores (Europe and Asia) Feintool’s diversified “local-for-local” footprint enhances resilience to geopolitical risks and successfully addresses regional market developments
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Europe in 2025 Feintool | Media and Analyst Conference: Financial Year 2025 9 Challenging e-vehicle market - restructuring measures show first results European sales declined by 12.4% to CHF 383.5 million Sharp drop in demand for e-vehicle components amid market overcapacity and program downsizing, postponements or cancellations Restructuring measures completed in 2025 yield first effects and are expected to deliver around CHF 12 million annual savings from 2026 onward Example of Feintool’s restructuring: Swiss Luca Waber (right) is on assignment in Most (CZ)
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North America in 2025 Feintool | Media and Analyst Conference: Financial Year 2025 10 Improving trend in the second half, supported by market share gains The US accounted for sales of CHF 199.8 million (increase of 2.8%; in local currency 9.6%) During the course of the year, the US business showed a marked improvement First half of 2025 was impacted by lower raw material prices as well as the weakness of the US dollar— volumes sold were significantly higher year-on-year Feintool benefits from its market-leading position in Fineblanking and Forming, particularly in applications for vehicles with conventional and hybrid drives Representing Feintool’s strong position in de US: the completed expansion in Nashville
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Asia in 2025 Feintool | Media and Analyst Conference: Financial Year 2025 11 Headwinds from competition, slowing decline in the second half In Asia, the Feintool Group generated sales of CHF 80.7 million, 10.3% below the previous year The decline was driven by intensified competition in the automotive market in China, which led to market share losses at end customers supplied by Feintool In India, the timing of the construction of the new production site in Pune is proving favorable, as the opening is scheduled for June 2026 and the Group is recording significant interest and quoting activity for production in the new plant In Taicang, Feintool´s E-Motor Core capabilities see substantial quoting activity, with several programs ramping up in 2025
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Feintool | Media and Analyst Conference: Financial Year 2025 12 Groundbreaking September 2024 Structure and Press Pit work October 2025 Impressions Production Hall January 2026 Feintool India: Opening Ceremony in June 2026
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13 Financial Results 2025 CFO Thomas Erne Feintool | Media and Analyst Conference: Financial Year 2025
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Feintool | Media and Analyst Conference: Financial Year 2025 Net Sales System Parts USA System Parts Asia System Parts Europe Feintool Group 194.3 199.8 90.0 80.7 437.5 383.5 719.6 661.4 +3% -10% -12% -8% 2024 2025 in million CHF 14 Net sales -8% (w/o FX impact -4.5%) lower than in 2024 In 2025, the non-automotive business accounted 15.7% Growth in USA, without FX impact at +9.6 %
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Feintool | Media and Analyst Conference: Financial Year 2025 EBITDA in 2025 improved by 4.7 Mio. CHF, compared to EBITDA in 2024 (51.9 Mio. CHF, excluding one-off effects) EBITDA System Parts USA System Parts Asia System Parts Europe Finance/IC Feintool Group 20.2 21.1 16.6 14.6 2.8 35.9 -15.6 -15.1 23.9 56.6 +5% -12% +1′204% +136% 2024 2025 in million CHF 15 Lower Sales of 58.2 Mio. CHF have been offset by lower cost and different product mix material effects Lower material cost quote with 46.8% due to change in product mix (PY at 51.5%) Lower personnel cost -6.6 Mio. CHF
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Feintool | Media and Analyst Conference: Financial Year 2025 EBIT System Parts USA System Parts Asia System Parts Europe Finance/IC Feintool Group 10.2 11.2 8.3 6.2 -52.1 3.2 -15.6 -15.9 -49.3 4.7 +11% -26% 2024 2025 in million CHF 16 Operative result in 2025 closing with EBIT of 4.7 Mio. CHF As a reminder: Adjusted EBIT in 2024, was at -2.2 Mio. CHF, excluding one-time effects 47.1 Mio. CHF Cost base is significantly reduced and profitability increased
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Feintool | Media and Analyst Conference: Financial Year 2025 Group Result 2025 in million CHF 4,7 -8,0 -1,9 EBIT -10.8 Financial result Tax Net loss 17 Financial result with -10.8 Mio. CHF slightly higher, compared to the Financial Result in 2024, with -7.9 Mio. CHF Net loss of -8.0 Mio. CHF in 2025
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Feintool | Media and Analyst Conference: Financial Year 2025 Balance Sheet Assets (in m CHF) 31.12.2025 82.6 Trade and other receivables 88.8 31.12.2024 Difference 77.1 5.6 103.6 -14.7 Inventories and net contract assets 98.5 106.7 -8.2 Prepaid expenses and accrued income 5.1 5.4 -0.4 Total current assets 275.0 292.7 -17.8 Property, plant and equipment 356.7 365.0 -8.3 Other non-current assets 138.8 152.9 -14.1 Total non-current assets 495.5 517.9 -22.4 Total Assets 770.5 810.7 -40.2 Cash and cash equivalents 18 Total assets decreased to 770 Mio. CHF , driven by reduction in Receivables and reduction in Inventories, as well as in non-current assets. Reduction of capital employed, especially in working capital
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Feintool | Media and Analyst Conference: Financial Year 2025 Balance Sheet Liabilities (in m CHF) 31.12.2025 140.3 Other liabilities 202.0 31.12.2024 Difference 119.7 20.6 239.4 -37.3 Shareholder’s equity 428.1 451.6 -23.5 Total Liabilities 770.5 810.7 -40.2 Equity ratio 55.6% 55.7% -0.1% Net debt 57.7 42.7 15.0 Financial liabilities 19 Equity ratio remains very strong with 55.6% Net debt slightly increased to 57.7 Mio. CHF (HY 2025: 80.1 Mio. CHF)
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Feintool | Media and Analyst Conference: Financial Year 2025 Equity in million CHF 9,4 31.12.2024 0.0 Dividend -8.0 Net income -24.9 FX IAS 19 31.12.2025 451.6 428.1 20 Equity ratio remains very strong with 55.6% Drop in net income, offset by IAS 19 positive effects Decline of equity is mainly impacted by exchange rate effects
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Feintool | Media and Analyst Conference: Financial Year 2025 Cash Flow in million CHF 26,9 -0,4 28,5 op. CF before NWC NWC -55.7 operative Invest FCF 21 Operative cash flow positive with 26.9 Mio. CHF Change in NWC contributing +28.5 Mio. CHF Investments mainly in USA and Asia, supporting further growth expectations for the regions High investment cycle ending in 2025
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22 Outlook CEO Lars Reich Feintool | Media and Analyst Conference: Financial Year 2025
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Optimistic medium-term outlook unchanged Feintool | Media and Analyst Conference: Financial Year 2025 23 New sales-relevant, large-volume programs will start up across the group in 2026 In Europe, the environment stays challenging - Feintool responds to this with a strengthened operating platform in place In the US and Asia, the Group aims to build on the positive momentum of the second half of 2025 Feintool anticipates further improvement in EBIT margins in local currencies Capex shift towards maintenance, efficiency-driven projects, and selected capacity expansions, supporting structurally improved free cash flow profile Feintool reaffirms its mid-term target of achieving an EBIT margin of more than 6%
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BWM, ZF reach milestone— Feintool part of it Feintool | Media and Analyst Conference: Financial Year 2025 24 ZF and BMW Group entered in a long-term agreement Focus on supply and further development of the 8HP automatic transmission Emphasis on electrified drivetrains Partnership expected to run until the late 2030s Feintool already provides essential parts for the 8HP Transmission program today 8HP Automatic Transmission (ZF)
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Planetary Carriers (formed) Clutch Plates (fineblanked) 25 Feintool Parts in the 8HP Hybrid Transmission BMW AND ZF CONTINUE PROGRAM UNTIL LATE 2030S Ring Gear Carrier (formed) Guide Disc (formed) Piston Assy (formed) Ring Gear Carrier (fineblanked) Park Pawl (fineblanked) Guide Disc (formed) Guide Disc (fineblanked) Disc Carrier (formed) Park Pawl Abutment Plate (fineblanked) Feintool | Media and Analyst Conference: Financial Year 2025 Centrifugal Weight (fineblanked)
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Volvo, powered by Feintool Feintool | Media and Analyst Conference: Financial Year 2025 26 Feintool’s E-Lamination Stamping technology boosts the torque density, efficiency and compactness of e-vehicle car main drives Our engineering expertise turns complex designs into stable, scalable core assemblies This convinced Volvo to source the main-motor core for their newest, industry-leading e-car from us Feintool is very proud to power the new, visionary Volvo EX 60 EX 60 (Volvo)
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Feintool | Media and Analyst Conference: Financial Year 2025 27 Feintool Powers the Newest Generation Volvo: The EX 60 SUCCESS STORY Volvo E-Motor Core manufactured by Feintool EX 60 (Volvo)
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AI Data Center Momentum Feintool | Media and Analyst Conference: Financial Year 2025 28 Feintool benefits from the AI momentum with its e-motor cores Our highly efficient e-motor cores enable the economical cooling of server farms Server farms are expensive to operate, and cooling costs quickly mount up, making our E-Lamination Stamping technology increasingly sought after In 2026 Feintool secured a major order for e-motor cores for data center cooling systems in the US, marking the Group’s market entry with its E-Lamination Stamping technology in North America
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Feintool | Media and Analyst Conference: Financial Year 2025 29 Highlights in 2026 OUTLOOK ASIA Plant Opening in Pune, India, June 2026 EUROPE Main E-Drive Newest Volvo EX 60 USA Data Center Cooling E-Motor Core Business
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Feintool | Media and Analyst Conference: Financial Year 2025 30 We understand the value of our commitments. We commit to faster innovation, lowering your design risk. We commit to delivering quality parts, lowering your production risk. And we commit to reliable parts, lowering your purchasing risk. We make more than parts. We make commitments.
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Feintool | Media and Analyst Conference: Financial Year 2025 31 Your Questions Thank you for your attention. We are happy to answer your questions. Lars Reich Chief Executive Officer Thomas Erne Chief Financial Officer
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Feintool | Media and Analyst Conference: Financial Year 2025 32 Disclaimer Feintool is confirming its best efforts to present accurate and up-to-date information in this document. Feintool gives no representation or warranty, expressed or implied, as to the accuracy or completeness of the information provided herein and disclaims any liability whatsoever for the use of it. The information provided in this document is not intended nor may be construed as an offer or solicitation for the purchase or disposal, trading or any transaction in any Feintool shares or other securities. Feintool is reiterating that any forward-looking statement in this report offers no guarantee with regard to future performance; they are subject to risks and uncertainties including, but not limited to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside the company's control.