Hiab (HIAB) Pre-silent call presentation summary

Executive summary

• Orders received in Q2/26 reached a four-year high, with strong growth in EMEA and the Americas, and a significant order from the US home improvement segment.

• Sales remained stable year-on-year, with sequential growth and a higher share of services at 30%.

• Acquisition of Labrie Environmental Group marks a major milestone, expanding presence in North America and creating a new business area.

Trading performance and revenue trends

• Orders received increased 16% year-on-year in Q2/26, with organic growth at 13%.

• EMEA orders rose 17%, Americas 20%, while APAC declined 11%.

• Sales were flat at €403M in Q2/26, with organic sales down 3%.

• EMEA sales grew 7%, Americas declined 7%, and APAC was stable.

• Eco portfolio sales rose 17% in Q2/26, now 45% of total sales.

Profitability and margins

• Comparable operating profit increased to €62M, with margin stable at 15.0%.

• Growth driven by lifting equipment and services; US delivery equipment business weakness in 2025 impacted results.

• Operative ROCE decreased due to lower LTM profit and comparability items.