JENSEN-GROUP N.V.

Earnings Release • May 19, 2025

Press Release

Strong revenue growth in first quarter of 2025 resulting in higher profitability

HIGHLIGHTS

(in thousands of euros)	Q1 2025	Q1 2024	Variance	%
Orders received	137.505	114.939	22.566	20%
Revenue	127.533	109.127	18.406	17%
Operating Profit (EBIT)	16.638	11.169	5.469	49%
Consolidted result attributable to equity holders	14.669	11.058	3.611	33%
Earnings per share	1,55	1,15	0,39	34%

The order intake in the first quarter of 2025 represents an amount of 137.5 million euro, a good start of 2025 for the Group.

• JENSEN-GROUP's revenue of the first quarter amounts to 127.5 million euro.
• The operating profit (EBIT) amounts to 16.6 million euro, compared to 11.2 million euro in the first quarter of 2024.
• The consolidated result attributable to equity holders amounts to 14.7 million euro and leads to an Earnings per Share of 1.55 euro, an increase of 34% in comparison to 1.15 euro per share per end of March 2024.

Outlook

The Group's aim for 2025 is to stay the course strategically and continue to solidify its market position and profitability by taking full advantage of the robust order book at the start of the year and by relentlessly focusing on commercial and industrial excellence in execution. The Group will continue to drive customer centricity and sustainable innovation by developing new products and services while further enhancing the optimization and digitalization of business processes and applications.

Risk factors for 2025 center around the overall uncertainty with regards to the geopolitical and socio-economic climate as well as the disruptive effect of increasing trade tariffs on customer demand and investments, potentially triggering an economic recession in our key markets.

Share buy-back program

The Bylaws of the Company allow to purchase of own shares. At its meeting per March 10, 2022, the Board of Directors decided to implement a program to buy back a maximum of 781,900 or 10% of its own shares. As per March 9, 2023, 113,873 shares were bought back at an average price of 30.07 euro for a total amount of 3.4 million euro. In view of the transaction with Miura, the JENSEN -GROUP suspended its buy-back program. During the extra-ordinary shareholders' meeting of May 16, 2023, the shareholders voted on the cancellation of the 113,873 treasury shares. On August 10, 2023, the program was re-launched to buy back the remaining 668,027 shares. As at March 31 2025, 172,481 shares have been bought back at an average price of 37.84 euro for a total amount of 6.5 million euro.

Financial calendar

• May 20, 2025, 10,00 AM: Annual Shareholders' meeting.
• August 7, 2025, evening: Half-year results 2025 (August 8, Analysts' meeting).
• November 5, 2025, evening: Trading update Q3 2025.

About the JENSEN-GROUP

The JENSEN-GROUP, listed on Euronext Brussels, assists heavy-duty laundries worldwide to provide quality textile services economically. We have become a preferred supplier in the laundry industry by leveraging our broad laundry expertise to design and supply sustainable single machines, systems and integrated solutions. We are continuously growing by extending our offer and by developing environmentally friendly and innovative products and services that address specific customer needs. The JENSEN-GROUP is the top-of-mind supplier when it comes to sustainable solutions through its CleanTech concept, highly automated material handling solutions as well as groundbreaking new approaches utilizing robotics and AI in industrial laundries. Our success results from combining our global skills with our local presence. The JENSEN-GROUP has operations in 22 countries and has distribution in more than 50 countries. As per March 31, 2025, the JENSEN-GROUP employs worldwide 2,128 employees.

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For more information, please contact:

JENSEN-GROUP

Jesper Munch Jensen, Chief Executive Officer Doga Cagdas, Chief Financial Officer Scarlet Janssens, Investor Relations Manager E-mail: investor@jensen-group.com