TKH Group (TWEKA) investor relations material

Strategic direction and business model

• Focus on automation and electrification, with market leadership in vision technologies and automated machinery.

• Portfolio optimization through divestment of lower-margin, commodity operations and acquisitions in automation.

• Dual-track process underway to separate Electrification for enhanced operational flexibility and financial transparency.

• 75% of turnover directly linked to UN Sustainable Development Goals, with strong ESG ratings and sustainability targets.

• Strategy emphasizes scalable, digital, and sustainable solutions, with disciplined capital allocation and cash flow focus.

Financial performance FY2025

• Turnover increased by 2.8% to €1,761.2m, with organic growth of 4.9%.

• Adjusted EBITA declined by 7.1% to €189.5m; net profit was €94.3m, down 5.3%.

• ROS decreased to 10.8% from 11.9%; ROCE at 13.8% (2024: 15.2%).

• Net debt reduced to €461.4m, with a leverage ratio of 1.9.

• Free cash flow conversion improved in H2 2025, with €74.9m generated.

Segment performance

• Vision Technologies: Turnover up 6.8% to €522.6m, EBITA up 20.5%, ROS at 17.9%. Growth driven by machine vision and software, with strong positions in factory automation and defense.

• Automated Machinery: Turnover down 14.2% to €522.6m, EBITA down 12.8%, ROS at 19.4%. Lower order intake, but successful UNIXX platform launch and repeat orders.

• Electrification: Turnover up 15.3% to €728.8m, EBITA down 45%, ROS at 2.3%. Offshore energy output improved in Q4; strong onshore demand and major framework contracts secured.