Steyr Motors (4X0) Investor presentation summary

Market positioning and product portfolio

• Recognized as a global leader in customized engines for military and civil applications, with a strong focus on special vehicles and marine solutions.

• Product lines include engines for military vehicles, marine vessels, locomotives, and aggregates, serving both primary and auxiliary power needs.

• Key customers and partners span major defense contractors and public sector organizations across Europe, North America, and Asia.

• The M12 Power Unit is highlighted as a universal, modular, and highly efficient energy solution for modern defense, capable of deployment in diverse environments.

• The M12PU offers best-in-class size-to-performance ratio, outperforming legacy units in volume, weight, and mobility.

Financial performance and outlook

• Achieved €48.5m in revenue and €7.0m adjusted EBIT for 2025, with a 14.5% EBIT margin and an order backlog exceeding €300m.

• Revenue split: 71% from engines & license manufacturing, 29% from MRO & spare parts; 59% defense, 41% civil; 69% Europe, 19% Asia, 9% North America.

• Secured orders for 2026-2030 exceed €300m, with additional opportunities potentially expanding the backlog to €830m.

• 2026 revenue target set at €75-95m with at least 15% EBIT margin; 2027 target is approximately €140m revenue and €40m EBIT.

• Dividend proposal of €0.25 per share for 2025.

Strategic initiatives and growth drivers

• Recent acquisition of BUKH strengthens marine segment, expands product range (24-700 HP), and enhances global distribution, especially in Asia.

• Joint ventures and contracts secured in China, the US, and Europe, including a 5-year contract with a Chinese distributor and a major USV contract in the US.

• Strategic focus on expanding in North America, China, and Poland, leveraging high defense spending and new governmental projects.

• Multi-year KNDS platform contract and USV programs drive recurring revenues and platform-level value creation.

• M&A activities are positioned as a lever for accelerated revenue expansion and capability scaling.