Viohalco (VIO) investor relations material

Group overview and strategy

• Achieved €7.2bn revenue in 2025, with over 85% of sales outside Greece and operations in 100+ countries.

• Operates through aluminium, copper, cables, steel pipes, steel, real estate, and technology/R&D segments.

• Focuses on sustainability, circular economy, and leveraging megatrends like electrification, urbanisation, and digitalisation.

• Invested €5.1bn from 2001–2025 in capacity, technology, and operational improvements.

• Employs over 12,000 people across 29 manufacturing plants in 8 countries.

Financial performance 2025

• Revenue grew 9% YoY to €7.2bn, driven by higher sales volumes and prices.

• Adjusted EBITDA rose 20% to €727m, with profit before tax up 45% to €398m.

• Net debt stable at €1,496m, with net debt/EBITDA at 2.1x.

• CapEx at €428m, focused on plant infrastructure, capacity expansion, and real estate investments.

• Earnings per share increased to €0.91 (from €0.62 in 2024).

Segment highlights

• Aluminium: Revenue up 11% to €2.25bn, strong demand in packaging and automotive, EBITDA up 13%.

• Copper: Revenue up 3% to €1.8bn, EBITDA down 13% due to energy costs and sales mix.

• Cables: Revenue up 24% to €1.44bn, EBITDA up 34%, robust order backlog of €2.9bn.

• Steel pipes: Revenue up 4% to €592m, EBITDA up 15%, strong order backlog and project execution.

• Steel: Revenue stable at €1bn, EBITDA up 99% to €77m, driven by reinforcing steel sales and Greek construction market.

• Real estate: Revenue up 69% to €72m, portfolio value up 7% to €694m, strong demand for sustainable buildings.