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EARNINGS CALL www.hoenle.com 1 August 18, 2026 9M 2025/26
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www.hoenle.com 2 Q3 HOENLE GROUP RESULTS ᴑ Hoenle Group realises sales of € 69.0 million (-1.1%) after nine months ᴑ Reluctance to invest in mechanical and plant engineering weighs on Curing Business Unit ᴑ Efficiency measures and focus on profitable business areas are having an effect ᴑ Sales and earnings increase in the Adhesive Systems and Disinfection Business Units ᴑ Group EBITDA climbs from € 3.6 million in the previous year to € 4.5 million in FY 2025/26 9M SummaryKey Figures 10/2025 – 06/2026; YoY variation €69.0m Sales €4.5m EBITDA -1.1% +0,9m
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www.hoenle.com 3 BUSINESS HIGHLIGHTS ᴑ Equipment Market currently still challenging, but adhesive is well above PY ᴑ Focus on Initiatives in Medical, Optics and Electronics as target markets ᴑ Transformation with focus scale is ongoing: Team structure, key customer business, operative excellence Adhesive Systems Curing Disinfection ᴑ Weak demand in Print/Sheetfed, but increasing market activities ᴑ Increasing order volume in industrial applications and projects US ᴑ Expanding distribution Network in Brazil, Mexico & Gulf Region ᴑ Transformation with focus Restructuring is ongoing ᴑ Increased global sales capacities (US, South Europe, China) ᴑ Water and surface disinfection with good market dynamic ᴑ UPW ongoing qualification processes – sales generated
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www.hoenle.com 4 REVENUE AND EBITDA DEVELOPMENT Revenue and EBITDA-Margin Development 10/2025 - 06/2026; in €k and % 23,787 24,321 23,947 26,674 21,411 25,757 22,641 23,874 21,475 23,844 23,707 3% 8% 6% 6% 5% 8% 3% 9% 2% 9% 7% 0 0 0 0 0 0 0 0 0 5 10 15 20 25 30 Q1 23/24 Q2 23/24 Q3 23/24 Q4 23/24 Q1 24/25 Q2 24/25 Q3 24/25 Q4 24/25 Q1 25/26 Q2 25/26 Q3 25/26 Revenue EBITDA Margin in % ᴑ Sales overall mainly on prior year level ᴑ Different Sales mix – Decline in Equipment vs. Increase in Consumables, Spare Parts & Components ᴑ Compared to previous year -> Solar Simulation discontinued, Print under pressure; Adhesives and Disinfection strong
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www.hoenle.com 5 BUSINESS UNIT PERFORMANCE ᴑ Improved product mix and efficiency measures led to improved material cost ratio in all Business Units ᴑ Adhesive Systems: After significant decline in the previous year, sales increased again in the current financial year from € 24.9m to € 26.6m; profitability increased significant ᴑ Curing: Reluctance to invest in plant engineering, insolvency of a customer and discontinuation of sun simulation led to decrease in sales; Restructuring gains could not compensate sales decrease ᴑ Disinfection: Solid performance in Water & Surface Treatment Adhesive Systems 26.6 Sales 4.0 EBITDA Curing 20.9Sales -2.2 EBITDA Disinfection 21.5 Sales 2.7 EBITDA 6.8% €1.5m 12.6%-18.9% €-0.9m €0.3m 10/2025 – 06/2026; in €m; YoY variation
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CAPITAL STRUCTURE Cashflow-Bridge in €m Financial Profile Equity ratio 53.3% Equity €76.0m Operating cash flow €4.6m Net from operating activities: €3.3m Net financial debt €37.4m Cash €7.0m Change -€0.5m o Balance sheet remains robust and liquid despite weak market environment o Focus on positive operating cash flow (€4.6m in 9M) o The Hoenle Group is able to finance its investments from ongoing business operations o €2.7m cash flow from financing activities results from repayment of bank liabilities and payment of lease liabilities 4,6 -1,0 -2,7 -1,4 Operations Invest Finance Tax/Interest/FX Change -€1.0m
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www.hoenle.com 7 CAPITAL STRUCTURE Net financial debt in €m o The net financial debt results largely from investments in the company's own commercial properties a few years ago o Interest rates are long-term secured o Net financial debt is continuously decreasing 49,1 44,9 43,2 38,4 37,4 0,0 10,0 20,0 30,0 40,0 50,0 60,0 2021/22 2022/23 2023/24 2024/25 Q3 25/26
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GUIDANCE 2025/26 www.hoenle.com 8 Revenue €92 – 95m €93,7m in FY2024/25 EBITDA €5 – 6m €5,8m in FY2024/25
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www.hoenle.com 9 STAY TUNED Nov 23-24 Equity Forum Frankfurt 2026 Q3 Statement 2025/26 Aug 18 Sep 22 Berenberg Conference Munich 2026 Nov 11 MKK Conference Munich 2026 Dec 8 FY 2025/26 prel. results Jan 28 (2027) FY 2025/26 annual report
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THANK YOU www.hoenle.com 10
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www.hoenle.com 11 INFORMATION Peter Weinert Investor Relations Tel.: +49 8105 2083 173 peter.weinert@hoenle.com Hoenle AG Nicolaus-Otto-Str. 2 82205 Gilching www.hoenle.com This Presentation contains statements and information concerning Hoenle AG and the Hoenle Group which relate to future periods. These forward-looking statements represent estimates that were based on all information available at the time of preparation of the report. If the assumptions underlying the forecasts are not correct or risks - such as those mentioned in the risk report of the Group Annual Report - occur, actual developments and results may differ from current expectations. The company assumes no obligation to update the statements contained in this presentation outside the statutory publication requirements. The interim consolidated financial statements have not been audited. The interim statement was prepared on the basis of the accounting principles applied in the last Group Annual Report. The figures and percentages contained in this presentation may be subject to rounding differences. Contact Disclaimer