Interim report
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5 PONSSE 22 06 20 26 HALF - YEAR REPORT FOR 1 JANUARY - 30 JUNE 2026
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2 April - June: • Order intake totalled EUR 179.2 (177.1) million. • Net sales amounted to EUR 187.1 (172.3) million. • Operating profit totalled to EUR 10.9 (7.4) million, equalling 5.8 (4.3) per cent of net sales. • Earnings per share were EUR 0.34 (0.06). • Cash flow from operating activities was EUR 11.4 (-11.3) million. January - June: • Order intake totalled EUR 372.4 (361.7) million. • Order books stood at EUR 160.0 (192.5) million at the end of the period under review. • Net sales amounted to EUR 353.9 (357.7) million. • Operating profit totalled to EUR 12.5 (20.6) million, equalling 3.5 (5.7) per cent of net sales. • Net result was EUR 12.0 (16.1) million. • Earnings per share were EUR 0.43 (0.58). • Cash flow from operating activities was EUR 19.1 (4.6) million. • Equity ratio was 58.6 (60.1) per cent at the end of the period under review. Profit guidance for 2026 unchanged: The company’s euro-denominated operating profit in 2026 is estimated to be on a par with the operating profit 2025 (EUR 41.6 million). Half-year Report for 1 January – 30 June 2026
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3 The calculation of key indicators is presented on section Formulas for calculation of indicators. KEY INDICATORS 4-6/2026 4-6/2025 Change 1-6/2026 1-6/2025 Change 1-12/2025 Order intake (MEUR) 179.2 177.1 1.2% 372.4 361.7 3.0% 702.7 Order books (MEUR) 160.0 192.5 -16.9% 141.4 Net sales (MEUR) 187.1 172.3 8.6% 353.9 357.7 -1.1% 749.9 Operating profit (MEUR) 10.9 7.4 48.4% 12.5 20.6 -39.4% 41.6 Operating profit (%) 5.8 4.3 3.5 5.7 5.6 Result before taxes (MEUR) 10.2 5.0 >100.0% 13.2 20.0 -34.1% 40.0 Diluted and undiluted earnings per share (EUR) 0.34 0.06 >100.0% 0.43 0.58 -25.9% 1.09 R&D expenditure (MEUR) 7.1 7.1 0.0% 13.1 13.3 -1.5% 26.6 Capital expenditure (MEUR) 1.2 4.9 -75.7% 6.3 9.9 -36.6% 22.7 Equity per share (EUR) 11.96 11.55 3.5% 12.08 Net interest-bearing liabilities (MEUR) 26.4 22.1 19.5% 20.5 Net gearing (%) 7.9 6.8 6.1 Equity ratio (%) 58.6 60.1 59.5 Cash flow from operating activities (MEUR) 11.4 -11.3 >-100.0% 19.1 4.6 >100.0% 23.3 Average number of employees 1,854 2,075 -10.7% 1,934 2,055 -5.9% 2,083 Half-year Report for 1 January – 30 June 2026
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4 The forest machine market remained challenging during the second quarter. Long-standing market uncertainty persisted, stemming from the global situation. Despite this, the order flow slightly exceeded the level of the comparison period, with orders received totalling EUR 179.2 (177.1) million. Factory capacity utilisation remained high relative to the market situation, and the company’s order books continued to decline and stood at EUR 160.0 (192.5) million at the end of the review period. Ponsse’s new forest machine sales developed moderately during the period in the Nordic countries, the Baltic region and Central and Southern Europe. However, machine volumes in the Finnish and Swedish markets fell significantly short of the previous year’s level in the first half of the year, but Ponsse’s market share developed favourably in both markets. In North America, market sentiment was cautious, and machine sales remained subdued in both the United States and Canada. The customers' investment decisions in most market areas are delayed due to the situation in the forest industry and the uncertainty of the operating environment, keeping the demand for new forest machines weak. The Full Service agreement in Brazil expired during the se - cond quarter. The ramp-down of the agreement was carried out according to plan and in good cooperation with the customer. Provisions made for the agreement proved to be sufficient, and the provisions that became unnecessary were reversed into the second-quarter result. The factory returned to two shifts in week 11. Sales were strong given the market situation, and factory capacity utilisa - tion was maintained at a good level throughout the second quarter. The company’s net sales increased by around 9% from the previous year and amounted to EUR 187.1 (172.3) million in the second quarter. Growth was driven by the invoicing of new machines and Epec’s strong performance. First-half net sales fell slightly short of the previous year, standing at EUR 353.9 (357.7) million. Second-quarter profitability developed favourably, supported by growth in net sales, Epec’s strong performance, and the reversal of provisions related to the Brazilian Full Service PRESIDENT AND CEO JUHO NUMMELA: agreement. The company still has work to do in strengthening cost discipline. Relative profitability in the second quarter was 5.8 (4.3) per cent. However, first-half profitability lagged behind the previous year due to weak performance in the first quarter. The cash flow for the review period was EUR 19.1 (4.6) mil- lion. Used machine sales remained subdued, and current sales volumes were not yet sufficient to turn used machine inventory into decline. The company’s solvency remained very strong, and its equity ratio remained at an excellent level. We are looking forward to the upcoming busy autumn trade fair season. Fairs and other forestry events offer us the oppor - tunity to engage closely with local customers and hear their views and feedback on our solutions. We are aiming for success in the sale of new forest mach- ines, used machines and digital services. At the same time, we will continue to take determined measures to strengthen cost-efficiency and improve profitability. We will also continue to invest in product development to renew our offering, strengt - hen our competitiveness and support sales development. Half-year Report for 1 January – 30 June 2026
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5 NET SALES Consolidated net sales for the period under review amounted to EUR 353.9 (357.7) million, which is 1.1 per cent less than in the comparison period. International business operations accounted for 75.2 (75.7) per cent of net sales. Net sales (MEUR) 4-6/2026 4-6/2025 Change 1-6/2026 1-6/2025 Change Group's net sales, total 187.1 172.3 8.6% 353.9 357.7 -1.1% Net sales by segment Nordic countries and the Baltics 84.8 76.2 11.2% 164.2 162.8 0.8% Central and Southern Europe 54.6 42.5 28.5% 101.2 84.7 19.4% North America 22.9 26.7 -14.4% 45.4 51.0 -11.1% South America 17.1 21.8 -21.7% 30.5 51.2 -40.4% Asia, Australia and Africa 7.8 5.1 54.2% 12.7 8.0 57.8% Net sales, total 187.1 172.3 8.6% 353.9 357.7 -1.1% PROFIT PERFORMANCE The operating profit for the period under review amounted to EUR 12.5 (20.6) million. The operating profit equalled 3.5 (5.7) per cent of net sales for the period under review. The Brazilian Full Service contract ended during during the period under re - view. The EUR 6.4 million provision for the loss-making contract that had been recognised in the Group’s balance sheet at the beginning of the financial year was released and recognised as income. Taking into account the change in the provision, the contract’s impact on the result for the reporting period was EUR 4.9 million (-2.6 million). Consolidated return on capital employed (ROCE) stood at 7.1 (10.8) per cent. Staff costs for the period under review totalled EUR 65.1 (62.8) million. Other operating expenses stood at EUR 40.2 (41.1) million. The cost impact of the provision of the loss-ma - king Full Service contract of the Brazilian subsidiary is included in other operating expenses. The net total of financial income and expenses amounted to EUR 0.7 (-0.4) million. Exchange rate gains and losses due to currency rate fluctuations were recognised under financial items, having a net impact of EUR 2.1 (0.5) million. The Group’s effective tax rate for the period under review was 9.2 (19.3) per cent. The tax rate was significantly reduced by the reversal of a previously recognised IAS 37 provision related to the loss-making contract in Brazil. No deferred tax asset had been recognised in respect of this provision in prior financial periods and, consequently, the reversal of the provision did not result in a corresponding tax expense effect during the reporting period. Furthermore, no deferred tax asset has been recognised in respect of the Brazilian company’s other taxable losses, as their utilisation is considered unlikely. Result for the period under review totalled EUR 12.0 (16.1) million. Diluted and undiluted earnings per share (EPS) came to EUR 0.43 (0.58). Net sales by segment 1-6/2026 Nordic countries and the Baltics 46% Central and Southern Europe 29% North America 13% South America 9% Asia, Australia and Africa 3% Net sales by segment 1-6/2025 Nordic countries and the Baltics 46% Central and Southern Europe 24% North America 14% South America 14% Asia, Australia and Africa 2% Half-year Report for 1 January – 30 June 2026
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6 STATEMENT OF FINANCIAL POSITION AND FINANCING ACTIVITIES At the end of the period under review, the total consolidated statements of financial position amounted to EUR 573.8 (541.7) million. Inventories stood at EUR 261.2 (236.9) million. Trade receivables totalled EUR 65.5 (51.2) million, while cash and cash equivalents stood at EUR 53.7 (46.2) million. The payment arrangements for the EUR 3 million receivable arising from the sale of the share capital of Ponsse’s Russian subsidia- ry, OOO Ponsse, are still being clarified in cooperation with the authorities and financial institutions. This item is presented as a current receivable. Group shareholders’ equity stood at EUR 334.8 (323.4) million and parent company shareholders’ equity (FAS) at EUR 303.7 (304.6) million. The amount of interest-bearing liabilities was EUR 80.0 (68.3) million. The company has ensured its liquidity by credit facility limits and commercial paper programs. Group's loans from financial institutions are non-collateral bank loans without financial covenants. Consolidated net liabilities totalled EUR 26.4 (22.1) million, and the debt-equity ratio (net gearing) was 7.9 (6.8) per cent. The equity ratio stood at 58.6 (60.1) per cent at the end of the period under review. Cash flow from operating activities amounted to EUR 19.1 (4.6) million. Cash flow from investment activities came to EUR -5.5 (-9.8) million. ORDER INTAKE AND ORDER BOOKS Order intake for the period under review totalled EUR 372.4 (361.7) million, while period-end order books were valued at EUR 160.0 (192.5) million. Order intake (MEUR) 4-6/2026 4-6/2025 Change 1-6/2026 1-6/2025 Change Order intake 179.2 177.1 1.2% 372.4 361.7 3.0% Order books (MEUR) 30 June 2026 30 June 2025 Change Order books 160.0 192.5 -16.9% DISTRIBUTION NETWORK With focus on sales and maintenance, the organisation is divided into five market areas: Nordic countries and the Baltics; Central and Southern Europe; South America; North America; and Asia, Australia and Africa. R&D AND CAPITAL EXPENDITURE Group’s R&D expenses during the period under review totalled EUR 13.1 (13.3) million, of which EUR 3.5 (3.9) million was capitalised. Investments during the period under review totalled EUR 6.3 (9.9) million. In addition to capitalised R&D expenses, they consisted of investments in buildings and ordinary investments in machinery and equipment. PERSONNEL The Group had an average staff of 1,934 (2,055) during the period under review and employed 1,870 (2,101) people at the end of the period. SHARE-BASED INCENTIVE PLANS On February 16, 2026, the Board of Directors of Ponsse Plc decided, and the company announced, that new Performance- Based Matching Share Plans will be established for the Group’s CEO and key personnel for the period 2026–2030. The plans are a continuation of the Performance-Based Matching Share Plans 2023–2027. The CEO Performance-Based Share Ownership Plan In the CEO plan the following performance periods concluded in previous years are valid: 2024-2026 and 2025-2027. The cost impact of these plans during the period under review was EUR 0.1 million. The new CEO Performance-Based Matching Share Plan 2026–2030 includes three (3) performance periods, covering the financial years 2026–2028, 2027–2029 and 2028–2030. It is possible to earn a matching reward and performance-based matching reward under the plan. The performance-based rewards under the performance period Operating profit (MEUR) 4-6/2026 4-6/2025 Change 1-6/2026 1-6/2025 Change Group's operating profit, total 10.9 7.4 48.4% 12.5 20.6 -39.4% Half-year Report for 1 January – 30 June 2026
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7 2026–2028 are based on the development of Group’s EBIT, Group’s Working Capital and Scope 3 CO2 emissions. The achievement of the targets set for the performance criteria will determine the final proportion of the maximum reward that will be paid as performance-based matching reward to the CEO. The performance-based matching rewards will be paid after the end of each performance period, for the 2026–2028 perfor - mance period by the end of May 2029. The gross rewards to be paid under the performance period 2026–2028 amount to an approximate maximum total of 50,000 Ponsse Plc shares. Key Employee Performance-Based Matching Share Plan The key employee plan includes the following performance periods: 2024-2026, 2025-2027 and 2026-2028. During the period under review, the costs related to the 2023-2025, 2024-2026, 2025-2027 and 2026-2028 performance periods of the sha- re-based incentive plans amounted to a total of EUR 0.6 million. The Performance-Based Matching Share Plan 2026–2030 includes three (3) performance periods, covering the financial years 2026–2028, 2027–2029 and 2028–2030. It is possib- le to earn a matching reward and performance-based matching reward under the plan. The performance-based rewards under the performance period 2026–2028 are based on the development of Group’s EBIT, Group’s Working Capital and Scope 3 CO2 emissions. The achievement of the targets set for the performance criteria will determine the final proportion of the maximum reward that will be paid as performance-based matching reward to participants. The performance-based matching rewards will be paid after the end of each performance period, for the 2026–2028 perfor- mance period by the end of May 2029. The target group of the plan consists of approximately 110 persons, including the members of the Management Team but excluding the President and CEO. The net rewards to be paid under the performance period 2026–2028 amount to an appro- ximate maximum total of 72,000 Ponsse Plc shares calculated at the current share price. In addition, the company will pay taxes and social security contributions arising from the reward to the participants in connection with the reward pay-ment. The final number of shares will depend on the number of shares acquired by the participants and the achievement of the targets set for the performance criteria. As a rule, no reward will be paid if the participant’s employment or director contract terminates before the reward payment. SHARE PERFORMANCE The company’s registered share capital consists of 28,000,000 shares. The trading volume of Ponsse Plc shares for 1 January – 30 June 2026 totalled 540,476, accounting for 1.93 per cent of the total number of shares. Share turnover amounted to EUR 12.9 million, with the period’s lowest and highest share prices amounting to EUR 21.00 and EUR 27.40, respectively. At the end of the period, shares closed at EUR 22.80, and market capitalisation totalled EUR 638.4 million. At the end of the period under review, the company held 18,103 treasury shares. ANNUAL GENERAL MEETING 2026 A separate release was issued on 8 April 2026 regarding the authorizations given to the Board of Directors and other resolu - tions at the AGM. SUSTAINABILITY Ponsse has determined key sustainability targets for its busi - ness operations. Their implementation is promoted through annual function-specific targets and measures as part of the company’s strategy process. Ponsse works to improve its people’s well-being, create innovative sustainable solutions that respect nature, develop its operations without burdening natu - re, and be a reliable partner that values community. In the second quarter, a workplace community development plan pursuant to the Act on Co-operation was approved at Ponsse, covering its operations in Finland. The aim of the plan is to support the systematic development of the workplace community. Investments in occupational safety have begun to yield good results, and Ponsse’s lost time injury frequency (LTIF) stood at 5.9 at the end of the review period. During the review period, all production employees at Ponsse completed induction training on Ponsse’s Code of Conduct. In May 2026, Ponsse introduced a new technology solution for forest regeneration in Brazil. The PONSSE Buffalo Planter is soil preparation and planting equipment mounted on a forwar - der frame, enabling mechanised and automated tree planting. This marks Ponsse’s first innovation in tree planting. At the same time, Ponsse launched the new PONSSE DH harvester head for harvesting eucalyptus plantations. The PONSSE DH7’s improved debarking quality reduces stem feeding back and forth, while lower hydraulic energy losses improve energy efficiency. As a result, fuel consumption and fossil emissions are reduced. Ponsse complies with the ISO 14001 environmental management standard, ensuring conformity with international requirements for environmental management. Following the recertification of the environmental management system, the company initiated the preparation of function-specific sustai - nability programmes during the first half of the year. With the Half-year Report for 1 January – 30 June 2026
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8 help of the programmes, sustainability work and targets are implemented as part of all the company’s operations. To further its sustainability targets, Ponsse will begin repor - ting its progress on key environmental targets semi-annually starting from this reporting period. During the review period, the company’s recycling rate was 67 per cent. Greenhouse gas emission trends indicate that further measures are required to achieve the company’s ambitious emission reduction targets. However, it should be noted that a lack of comparative data complicates the assessment of full-year progress. In 2025, the Carbon Disclosure Project (CDP) awarded Ponsse a rating of C (D) for Water Security reporting and B (C) for Climate Change reporting (on a scale from A to D-). KPI Target year 1-6/2026 1-6/2025 Change, % 1-12/2025 Reducing market-based Scope 1 and Scope 2 emissions by 42% (2,554 tCO2e)* 2030 2,267 tCO2e - - 4,148 tCO2e Reducing significant Scope 3 emissions by 25% (1,061,522 tCO2e)* 2030 494,116 tCO2e - - 1,036,394 tCO2e 15% annual increase in the production of circular-economy -based spare parts, t 2030 143 t - - 222 t Increasing the recycling rate to 70% 2030 67.0% - - 62.6% Lost time injury frequency (LTIF) 0 2030 5.9 7.4 -20.3% 6.9 Employee engagement (eNPS) > 40 (on a scale from -100 to 100) 2027 35 32 9.4% 34 Voluntary employee turnover < 7% 2027 7.8% 9.8% - 8.9% *Compared with base year 2023 RISK MANAGEMENT Our risk management is based on the company’s values and strategic and financial goals. The purpose of risk management is to support the company’s strategic objectives and to secure its financial development and the continuity of its business. Ponsse’s management conducts an annual risk assessment that includes the sustainability risks and opportunities impacting the compa ny’s business. Within them, aspects related to climate change, biodiversity, and resource efficiency together with digitalisation and technological development are emphasised. The purpose of risk management is to identify, assess, and monitor business-related risks that may impact the realisation of the company’s strategic and financial objectives or the continuity of business. This information is used to decide what measures will be required to prevent risks and respond to current risks. Risk management is part of the company’s daily business and has been incorporated into its management system. Risk management is directed by the risk management policy appro- ved by the Board of Directors. A risk is any event that may prevent the company from achieving its objectives or threatens the continuity of business. A risk may also be a positive event, in which case the risk is treated as an opportunity. Each risk is assessed on the basis of its impact and probability. The company’s risk management methods include the avoidance, mitigation, and transfer of risk. Risks may also be managed by controlling and minimising their impacts. SHORT-TERM RISK MANAGEMENT The most significant short term risks in Ponsse’s operating en - vironment are related to uncertainty in the global economy and geopolitical situation, changes in trade policy, and the subdued pace of economic growth in key markets. Rising geopolitical tensions, tariffs and other trade restrictions may affect export markets, investment decisions and the functioning of supply chains. Ponsse’s business operations focus on the cut to length (CTL) method, for which demand is linked to the cyclical deve- lopment of the forest industry and wood raw material markets. Weakening economic conditions, the availability of financing and fluctuations in interest rates may affect customers’ willingness to invest, particularly in certain market areas. The company manages market risk through its broad geographical presen - ce, strong customer base, and investments in services and digitalisation, which support customers even in weaker market conditions. International trade policy, the situation in the Middle East and changes in tax and customs legislation may affect Ponsse’s Half-year Report for 1 January – 30 June 2026
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9 supply chains and cost structure. These risks are managed by strengthening supply chain resilience, increasing local sourcing, using alternative suppliers, and enhancing the flexibility of pro - duction and logistics. Investments in digital services, automation and new techno - logies, in line with the strategy, also involve implementation and cybersecurity risks. The increase in cyber threats and regulatory requirements, such the Cyber Resilience Act, may increase risks related to information security and system relia - bility through growing resource needs. Ponsse is systematically developing its cybersecurity and progressing towards an ope - rating model aligned with the ISO 27001 standard, to ensure business continuity and the reliability of digital services. The company’s strong financial position and liquidity support risk management in an uncertain market environment. Ponsse actively monitors financial, interest rate and currency risks and, if necessary, uses financial instruments to manage risks. In addition, the parent company monitors the risks related to trade receivables and long-term service agreements as part of normal financial control. LEGAL MATTERS A number of legal proceedings and claims related to product liability are pending against Ponsse in Canada and France. In Brazil, a settlement process is under way with the tax authorities concerning the tax treatment of intra group trade payables written down in previous years. Ponsse received a favourable first instance decision in the matter, which the tax authorities have appealed, and have submitted a related claim. A liability of EUR 5.2 million has been recognised in connection with the case. According to the assessment of the company’s management, the outcome of these legal processes and claims is not expected to have a material impact on Ponsse’s financial position, taking into account the entries made, the insurance cover and the arguments presented. OUTLOOK FOR THE FUTURE The company’s euro-denominated operating profit in 2026 is estimated to be on par with the operating profit in 2025 (EUR 41.6 million). Economic uncertainty persists and is affecting the demand for both forest industry end products and forest machines. Trade tensions, the geopolitical situation. the situation in the Middle East and fluctuations in the financial markets create a challenging operating environment, underscoring the importan - ce of cost discipline and carefully considered investment levels. Ponsse invests in customer relationships and high-quality service. Investments are selectively targeted at product deve - lopment, digital services and the strengthening of the sales and maintenance network. The Vieremä factory is being expanded with an extension to the welding shop, and productivity is being improved by automating welding and internal logistics. Improving profitability and purposeful cost management are at the core of our operations, and the company responds rapidly to changes in market conditions when necessary. EVENTS AFTER THE PERIOD There are no other known events after the end of the reporting period that would require either adjustments to the information presented for the period under review or disclosure of additional information. Half-year Report for 1 January – 30 June 2026
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10 PONSSE GROUP CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (1,000 EUR) 4-6/2026 4-6/2025 1-6/2026 1-6/2025 1-12/2025 NET SALES 187,123 172,313 353,906 357,739 749,874 Increase (+)/decrease (-) in inventories of finished goods and work in progress 14,253 21,443 14,859 22,625 16,190 Other operating income 1,641 1,156 3,388 4,799 7,591 Raw materials and services -130,372 -126,447 -237,585 -243,215 -490,804 Expenditure on employment-related benefits -33,774 -33,078 -65,126 -62,750 -120,355 Depreciation and amortisation -8,361 -8,714 -16,798 -17,521 -35,200 Other operating expenses -19,587 -19,314 -40,186 -41,111 -85,664 OPERATING PROFIT 10,922 7,361 12,458 20,566 41,632 Share of results of associated companies -42 -108 33 -135 -282 Financial income and expenses -713 -2,223 701 -424 -1,356 RESULT BEFORE TAXES 10,166 5,030 13,192 20,007 39,994 Income taxes -680 -3,257 -1,216 -3,867 -9,504 NET RESULT FOR THE PERIOD 9,486 1,774 11,976 16,140 30,490 OTHER ITEMS INCLUDED IN TOTAL COMPREHENSIVE RESULT Translation differences related to foreign units 187 -3,328 25 -6,123 -6,183 TOTAL COMPREHENSIVE RESULT FOR THE PERIOD 9,673 -1,555 12,001 10,016 24,307 Diluted and undiluted earnings per share 0.34 0.06 0.43 0.58 1.09 Half-year Report for 1 January – 30 June 2026
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11 CONSOLIDATED STATEMENT OF FINANCIAL POSITION (1,000 EUR) 30 June 2026 30 June 2025 31 December 2025 ASSETS NON-CURRENT ASSETS Intangible assets 39,490 45,267 42,917 Goodwill 6,617 6,577 6,627 Property, plant and equipment 109,231 110,587 112,475 Financial assets 378 376 377 Investments in associated companies 622 786 639 Non-current receivables 264 708 328 Deferred tax assets 9,968 9,671 9,178 TOTAL NON-CURRENT ASSETS 166,570 173,973 172,541 CURRENT ASSETS Inventories 261,161 236,930 240,019 Trade receivables 65,496 51,244 63,472 Income tax receivables 3,737 2,953 8,519 Other current receivables 23,211 30,482 28,674 Cash and cash equivalents 53,654 46,159 58,149 TOTAL CURRENT ASSETS 407,258 367,767 398,833 TOTAL ASSETS 573,828 541,741 571,374 SHAREHOLDERS’ EQUITY AND LIABILITIES SHAREHOLDERS' EQUITY Share capital 7,000 7,000 7,000 Other reserves 4,709 4,125 4,462 Translation differences 17,336 17,371 17,311 Treasury shares -426 -122 -135 Retained earnings 306,140 294,985 309,555 EQUITY OWNED BY PARENT COMPANY SHAREHOLDERS 334,759 323,358 338,193 NON-CURRENT LIABILITIES Interest-bearing liabilities 65,787 62,574 61,221 Deferred tax liabilities 1,553 1,064 969 Other non-current liabilities 5,233 5,146 5,232 TOTAL NON-CURRENT LIABILITIES 72,573 68,784 67,422 CURRENT LIABILITIES Interest-bearing liabilities 14,227 5,709 17,477 Provisions 6,838 16,670 12,552 Tax liabilities for the period 893 62 633 Trade creditors and other current liabilities 144,539 127,157 135,097 TOTAL CURRENT LIABILITIES 166,496 149,599 165,759 TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES 573,828 541,741 571,374 Half-year Report for 1 January – 30 June 2026
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12 CONSOLIDATED STATEMENT OF CASH FLOWS (1,000 EUR) 1-6/2026 1-6/2025 1-12/2025 CASH FLOWS FROM OPERATING ACTIVITIES Net result for the period 11,976 16,140 30,490 Adjustments: Financial income and expenses -701 424 1,356 Change in provisions -6,116 -2,606 -6,817 Share of the result of associated companies -33 135 282 Depreciation and amortisation 16,798 17,521 35,200 Income taxes 1,216 3,867 9,504 Other adjustments -1,085 852 2,429 Cash flow before changes in working capital 22,054 36,333 72,444 Change in working capital: Change in trade receivables and other receivables 3,410 -4,260 -15,385 Change in inventories -18,024 -24,534 -26,549 Change in trade creditors and other liabilities 10,572 8,235 15,026 Interest received 123 152 1,214 Interest paid -1,078 -1,375 -2,052 Other financial items -1,638 -1,635 -2,731 Income taxes paid 3,673 -8,335 -18,691 NET CASH FLOWS FROM OPERATING ACTIVITIES (A) 19,092 4,580 23,276 CASH FLOWS USED IN INVESTING ACTIVITIES Investments in tangible and intangible assets -6,251 -9,855 -22,678 Proceeds from sale of tangible and intangible assets 728 45 199 NET CASH FLOWS USED IN INVESTING ACTIVITIES (B) -5,523 -9,810 -22,479 CASH FLOWS FROM FINANCING ACTIVITIES Withdrawal of current loans 10,668 0 40,000 Repayment of current loans -10,000 -16,672 -48,107 Lease repayments -2,644 -2,656 -5,213 Dividends paid -15,397 -13,990 -13,990 NET CASH FLOWS FROM FINANCING ACTIVITIES (C) -17,373 -33,317 -27,310 Change in cash and cash equivalents (A+B+C) -3,804 -38,547 -26,513 Cash and cash equivalents on 1 January 58,149 83,590 83,590 Impact of exchange rate changes -691 1,117 1,072 Cash and cash equivalents on 30 June / 31 December 53,654 46,159 58,149 Half-year Report for 1 January – 30 June 2026
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13 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (1,000 EUR) A = Share capital B = Other reserves C = Translation differences D = Treasury shares E = Retained earnings F = Total shareholders’ equity EQUITY OWNED BY PARENT COMPANY SHAREHOLDERS A B C D E F SHAREHOLDERS' EQUITY 1 JANUARY 2026 7,000 4,462 17,311 -135 309,555 338,193 Comprehensive result: Net result for the period 11,976 11,976 Other items included in total comprehensive result: Translation differences 25 25 Total comprehensive result for the period 25 11,976 12,001 Direct entries to retained earnings 6 6 Transactions with shareholders Share Plan 247 247 Dividend distribution -15,397 -15,397 Treasury shares, change* -292 -292 Transactions with shareholders in total 247 -292 -15,397 -15,442 SHAREHOLDERS' EQUITY 30 JUNE 2026 7,000 4,709 17,336 -426 306,140 334,759 SHAREHOLDERS' EQUITY 1 JANUARY 2025 7,000 3,824 23,494 -47 292,922 327,193 Comprehensive result: Net result for the period 16,140 16,140 Other items included in total comprehensive result: Translation differences -6,123 -6,123 Total comprehensive result for the period -6,123 16,140 10,017 Direct entries to retained earnings -87 -87 Transactions with shareholders Share Plan 301 301 Dividend distribution -13,990 -13,990 Treasury shares, change* -75 -75 Transactions with shareholders in total 301 -75 -13,990 -13,764 SHAREHOLDERS' EQUITY 30 JUNE 2025 7,000 4,125 17,371 -122 294,985 323,358 *Treasury shares procured for incentive schemes Half-year Report for 1 January – 30 June 2026
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14 The stock exchange release for the half-year report has been prepared observing the recognition and valuation principles of IFRS, and the requirements of IAS 34 have been complied with. The half-year report has been prepared applying the same accounting principles as for the annual financial statements dated 31 December 2025, except for the IAS/IFRS standard and interpretation changes that entered into force on 1 January 2026. These standard and interpretation changes did not have a material impact on the half-year report. The figures presented in the stock release have not been audited. The figures presented in the stock release have been rounded and may therefore differ from those given in the official financial statements. This communication includes future-oriented statements that are based on the assumptions currently made by the company’s mana - gement and its current decisions and plans. Although the management believes that the future expectations are well founded, there is no certainty that these expectations will prove to be correct. This is why the results may significantly deviate from the assumptions in - cluded in the future-oriented statements as a result of, among other things, changes in the economy, markets, competitive conditions, legislation or currency exchange rates. NOTES TO THE RELEASE FOR THE HALF-YEAR REPORT Half-year Report for 1 January – 30 June 2026
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15 OPERATING SEGMENTS 1-6/2026 (1,000 EUR) Nordic countries and the Baltics Central and Southern Europe North America South America Asia, Australia and Africa Total Net sales of the segment 235,914 103,172 46,642 31,306 12,912 429,946 Revenues between segments -71,741 -1,980 -1,266 -838 -216 -76,040 NET SALES FROM EXTERNAL CUSTOMERS 164,173 101,192 45,376 30,468 12,696 353,906 Operating profit of the segment 2,194 7,166 -3,439 4,901 1,655 12,477 Unallocated items -19 OPERATING PROFIT 2,194 7,166 -3,439 4,901 1,655 12,458 DEPRECIATION AND AMORTISATION 13,860 725 571 1,600 41 16,798 EXPENDITURE ON EMPLOYMENT-RELATED BENEFITS 50,132 4,034 4,322 6,392 246 65,126 1-6/2025 (1,000 EUR) Nordic countries and the Baltics Central and Southern Europe North America South America Asia, Australia and Africa Total Net sales of the segment 242,431 87,152 52,699 51,412 8,200 441,894 Revenues between segments -79,633 -2,430 -1,680 -259 -154 -84,155 NET SALES FROM EXTERNAL CUSTOMERS 162,799 84,723 51,019 51,152 8,046 357,739 Operating profit of the segment 2,323 6,170 3,524 8,468 106 20,591 Unallocated items -25 OPERATING PROFIT 2,323 6,170 3,524 8,468 106 20,566 DEPRECIATION AND AMORTISATION 14,399 568 580 1,921 54 17,521 EXPENDITURE ON EMPLOYMENT-RELATED BENEFITS 47,391 3,650 3,896 7,572 240 62,750 SEGMENT INFORMATION The operating segments are based on a geographical division of market areas, and they are defined based on the reporting used by the Group’s top operational decision-maker. Half-year Report for 1 January – 30 June 2026
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16 NET SALES Net sales by contract type (1,000 EUR) 4-6/2026 4-6/2025 Change 1-6/2026 1-6/2025 Change Machine sales 139,246 126,516 10.1% 255,951 263,205 -2.8% Service 36,234 39,581 -8.5% 78,883 83,537 -5.6% Systems solutions 11,643 6,216 87.3% 19,072 10,997 73.4% Total 187,123 172,313 8.6% 353,906 357,739 -1.1% Reconciliations (1,000 EUR) 4-6/2026 4-6/2025 Change 1-6/2026 1-6/2025 Change Net sales Net sales of the reporting segments 225,459 224,643 0.4% 429,946 441,894 -2.7% Elimination of income between segments -38,336 -52,330 -26.7% -76,040 -84,155 -9.6% Group's net sales, total 187,123 172,313 8.6% 353,906 357,739 -1.1% Operating profit Result of the reporting segments 10,873 7,373 47.5% 12,477 20,591 -39.4% Items not allocated to any segment 49 -13 >-100.0% -19 -25 -24.0% Group's operating profit, total 10,922 7,360 48.4% 12,458 20,566 -39.4% DIVIDENDS PAID (1,000 EUR) 1-6/2026 1-6/2025 1-12/2025 Dividend per share EUR 0.55 (EUR 0.50) 15,397 13,990 13,990 PROPERTY, PLANT AND EQUIPMENT (1,000 EUR) 1-6/2026 1-6/2025 1-12/2025 Book value 1 January 112,475 116,183 116,183 Increase 7,764 10,550 25,982 Decrease and depreciations -12,968 -14,991 -28,360 Exchange rate difference 1,960 -1,155 -1,330 Book value 30 June / 31 December 109,231 110,587 112,475 Net sales by contract type 1-6/2026 Machine sales 72% Service 22% System solutions 6% Net sales by contract type 1-6/2025 Machine sales 74% Service 23% System solutions 3% Half-year Report for 1 January – 30 June 2026
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17 LEASING COMMITMENTS (1,000 EUR) 30 June 2026 30 June 2025 31 December 2025 1,879 2,027 1,941 CONTINGENT LIABILITIES (1,000 EUR) 30 June 2026 30 June 2025 31 December 2025 Guarantees given on behalf of others 1 2 274 Responsibility of checking the VAT deductions made on real property investments 7,079 7,739 7,760 Other commitments 295 294 237 Total 7,375 8,035 8,271 MANAGEMENT'S EMPLOYMENT-RELATED BENEFITS (1,000 EUR) 1-6/2026 1-6/2025 1-12/2025 Salaries and other short-term employment-related benefits 3,435 2,835 4,656 Benefits paid upon termination of employment 0 0 0 Pension liabilities, statutory and voluntary pension security 797 656 1,270 Compensation of the members of the Board of Directors 151 142 283 PROVISIONS (1,000 EUR) Guarantee provision Other provisions Total 1 January 2026 6,125 6,427 12,552 Provisions added 1,451 0 1,451 Provisions cancelled -727 -6,959 -7,686 Exchange rate difference 0 532 532 30 June 2026 6,849 0 6,849 The Group has recognised a provision in the item of other provisions based on a Full Service contract entered into by the Brazilian subsidiary as the fulfilment of the contractual obligations is estimated to generate expenses that exceed the expected economic bene - fits obtained from the agreement. The provision has been measured based on the best possible estimate of the expenses arising from the fulfilment of the obligations on the closing date. This provision was reversed during the period under review. RELATED PARTY TRANSACTIONS The Group’s related parties include the parent company, subsidiaries and associates. Related parties also include significant share - holders, key personnel, close family members of key personnel and specified shareholders, and entities controlled by such persons. Transactions with related parties are conducted on normal commercial terms and at market prices. Management’s employment-related benefits include salaries and bonuses of the President and CEO, parent company’s Management Team and Country Managers or Managing Directors of subsidiaries. Half-year Report for 1 January – 30 June 2026
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18 KEY FINANCIAL FIGURES 30 June 2026 30 June 2025 31 December 2025 Diluted and undiluted earnings per share (EUR) 0.43 0.58 1.09 Equity per share (EUR) 11.96 11.55 12.08 Net interest-bearing liabilities (MEUR) 26.4 22.1 20.5 Net gearing (%) 7.9 6.8 6.1 Equity ratio (%) 58.6 60.1 59.5 Return on equity (ROE) (%) 7.1 9.9 9.2 Return on capital employed (ROCE) (%) 7.1 10.8 10.3 Current ratio 2.5 2.5 2.5 Interest-bearing liabilities (1,000 EUR) 80,015 68,283 78,698 Non-interest-bearing liabilities (1,000 EUR) 159,054 150,100 154,483 Half-year Report for 1 January – 30 June 2026
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19 FORMULAS FOR CALCULATION OF INDICATORS Order intake Net sales + change of order books during the accounting period Earnings per share (EPS) Net profit for the period − minority interest) Average number of shares during the accounting period, adjusted for share issues Equity per share Shareholders´ equity Number of shares at closing of the accounts, adjusted for share issues Interest-bearing net liabilities Interest-bearing liabilities - cash and cash equivalents Net gearing, % Financial liabilities − cash and cash equivalents x 100 Shareholders´ equity Equity ratio, % Shareholders´ equity + minority interest x 100 Balance sheet total − advance payments received Return on equity, % (ROE) Net profit for the period x 100 Shareholders´ equity + minority interest (average during the year) Return on capital employed, % (ROCE) Profit before taxes + financial expenses x 100 Shareholders´ equity + financial liabilities (average during the year) Current ratio Current Assets x 100 Current Liabilities Average number of personnel during the financial year Average of the number of personnel at the end of each month from continuing operations. The calculation has been adjusted for part-time employees. Half-year Report for 1 January – 30 June 2026
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PONSSE PLC Ponssentie 22, 74200 Vieremä, Finland Tel. +358 20 768 800 www.ponsse.com A LOGGER’S BEST FRIEND