Industrie De Nora

Industrie De Nora (DNR) investor relations material

Industrie De Nora Company presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.

Company presentation summary1 Sep, 2026

Business overview and strategic positioning

Global leader in electrode technologies, water treatment, and energy transition solutions, with a strong presence in green hydrogen and circular economy markets.
FY 2025 revenues split: 53% Electrode Technologies, 35% Water Technologies, 12% Energy Transition.
Over 50% market share in key segments, with significant leadership in pools and municipal water treatment.
Recent BW Water acquisition expands integrated water solutions and boosts backlog and revenue growth.
Ambition to pioneer clean solutions in water, circularity, hydrogen, and electrochemical processes.

H1 2026 business achievements

H1 2026 revenues reached €403.1m, with adjusted EBITDA of €81.8m and net result of €30.7m.
Strong order intake in Electrode Technologies (+27.9% YoY), robust backlog in Water Technologies (1.9x vs Dec. 2025), and €42m Energy Transition backlog.
Green hydrogen projects advancing, including major orders for the Andalusian Green Hydrogen Valley and lithium refining contracts.
Gigafactory project on track, supporting innovation and manufacturing scale.

H1 2026 financial results and guidance

Q2 2026 revenues accelerated (+4.4% YoY), driven by Water Technologies (+41.3% YoY) and stable Electrode Technologies.
Pro forma backlog up 46% vs Dec. 2025, providing strong revenue visibility.
Operating costs stable; adjusted EBITDA margin improved to 20.4%.
FY 2026 revenue guidance raised to €830m–€850m, with adj. EBITDA margin at the upper end of 15–18%.

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Q3 20264 Nov, 2026

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