Investor Presentation • Aug 6, 2025
Investor Presentation
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• GROUP SUSTAINABILITY PATH
• ANNEX


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40%
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1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q22 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q20252Q2025
2025 SALES & EBITDA ORGANIC EVOLUTION % change compared to previous reporting period

Sales EBITDA





| Million € |
2QUARTER | 1HALF | ||||
|---|---|---|---|---|---|---|
| 2024 | 2025 | 2024 | 2025 | |||
| Sales Group Growth , of which Organic ▪ Perimeter change (1) ▪ FX impact ▪ |
549 8 -7.2% -9 .5% 1% +2 -0 2% |
555 4 +1.0% +1 0% 3% +2 -2 3% |
1 095 7 , -7.5% -9 3% 9% +1 -0 1% |
1 076 9 , -1.7% -3 .5% .7% +2 -0 9% |
||
| EBITDA(2) Growth sales % on net |
124 6 -14 .5% 22.7% |
132 1 +6 0% 23.8% |
251 9 -14 .7% 23.0% |
249 4 -1 0% 23.2% |
||
| Net Income |
62 5 |
60 4 |
130 1 |
117 3 |
||
| (3) NFP |
516 8 |
369 9 |
(1) 2025 relevant perimeter change: Alltube (consolidated since May 2024), Alfa Valvole (consolidate since June 2024), H.S. (consolidate since July 2024) and Hidrover (consolidated since December 2024) - (2) Excluding € 62.5m and € 45.8m of subsidiaries purchase commitments in 2025 and 2024 respectively


▪ Hydraulics
2Q2025
| 2QUARTER | 1HALF | |||||
|---|---|---|---|---|---|---|
| Million € | 2024 | 2025 | 2024 | 2025 | ||
| C LI U |
SALES Growth |
379.8 -13.3% |
352.0 -7.3% |
771.5 -12.8% |
695.5 -9.8% |
|
| A R D Y H |
EBITDA (1) Growth % on net sales |
81.1 -21.3% 21.3% |
73.8 -9.0% 20.9% |
166.6 -21.3% 21.6% |
143.1 -14.1% 20.5% |
|
| No diluition impact from acquisitions |
||||||
| G R- N |
SALES Growth |
170.1 +10.5% |
203.3 +19.5% |
324.2 +8.1% |
381.4 +17.6% |
|
| E TI T A T W E J |
EBITDA Growth % on net sales |
43.5 +1.9% 25.5% |
58.3 +34.0% 28.5% |
85.4 +2.0% 26.1% |
106.3 +24.6% 27.7% |





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A HAMPRO® 300 process plunger pump




Surface detail of a naval hull Different levels of hull cleaning depending on water pressure and application time of the cleaning equipment
▪ A joint manufacturing effort between Group European operations and local 3rd party suppliers allowed to execute the order in less than two months and to deliver it between June and July

A Group cleaning dockboy



(1) Management controlling system data – (2) In the graph "purchase" is net of "inventories changes" and "total other income"
2Q2025
– 2Q2025: FCF equal to € 46m in line with 2Q2024 despite strong sales improvement




(1) Excluding € 62.5m and € 45.8m purchase commitments in 2025 and 2024 – (2) Includes € 6.7m of Padoan acquisition advance payment recorded in the CFS as "change in other financial assets"
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Interpump Hydraulics – The rendering, the entrance and a new machinery department in Sala Bolognese (Italy)


▪ Padoan
2Q2025


Padoan – Brochure details



| 2023-2025 ESG JOURNEY | |||||||
|---|---|---|---|---|---|---|---|
| 2025 ACTIONS | UPDATINGS | ||||||
| E.2 (1) | Carbon intensity reduction | ||||||
| E.3 (1) | Increase of renewable energy consumption | ||||||
| E.5 | Circular economy – Phase 2 |
||||||
| E.6 | Water monitoring system | ||||||
| S.3 | Increase of non-compulsory training | ||||||
| S.4 | Global mobility program | Approved by the Board of Directors on 14 November 2024 |
|||||
| S.7 | Diversity & inclusion model definition | ||||||
| G.5 (2) | GR1 207-4 information updating | ||||||
| G.6 (2) |
Updating on ESG journey |






(1) Operating Cash Flow (including the positive/negative impact of IFRS Adjustment, financial interest costs/gains, FX differences …) - (2) Commitment to Shareholders = dividend + net buy back




(1) 2007 excluding "Electric Motor" division subsequently disposed – (2) "Breakdown by application" based on oldest available data (2013) consistent with 2021 breakdown - Intercompany sales excluded


PZB, Hydrocar, Muncie, Takarada


– Distinctive and unique products or production processes









| TRADITIONAL APPROACH | PRIVATE EQUITY APPROACH | INTERPUMP APPROACH | ||
|---|---|---|---|---|
| PURPUSE | Standardisation, restructuring and integration as branch |
Reselling at profit | Development in continuity | |
| VALUE PROPOSITION | New shape and life, with a new structure and role under a new branch and a long-term vision |
Highest payers | Joint effort to target flourish |
|
| PAID MULTIPLES | High (influenced by industry health and market trends) |
Very high (heavily influenced by interest rate) |
Reasonable (related to tangible industrial value) |
|
| RESTRUCTURING COSTS | Very high | High | Minimal | |
| EXECUTION RISKS | High in the restructuring phase | High | Modest | |
| TOP-LINE TREND | Usually slowed down by uncertainty and restructuring |
Could be disrupted by talent leaving |
Usually not impacted by acquisition and growing |
|
| MARGINS | Could go negative during restructuring |
Short-term improvement forced, long-term value at risk |
Structurally improved after acquisition |



(1) In 2015 more than € 10m of sales and an EBITDA margin close to 21% - (2) In 2017 around 60m of sales and EBITDA margin above 19% - (3) In 2017 close to 10m of sales and an EBITDA margin of 33% - (4) In 2022 close to € 20m of sales and EBITDA margin of 23% - (5) In 2022 € 45m of sales and an EBITDA margin of 14% - (6) In 2023 € 10m of sales and an EBITDA margin of 10% - (7) In 2023 € 28m of sales and an EBITDA margin of 26% - (8) For Bertoli and Mariotti&Pecini, after merger in Interpump S.p.A. the "net industrial margin" represents the profitability KPI
0,0
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(1) In 2018 close to € 90m of sales and an EBITDA margin of 20% - (2) In 2018 around to € 45m of sales and an EBITDA margin close to 20% - (3) In 2019 around € 5m of sales and an EBITDA margin of 25% - (4) In 2021 around € 30m of sales and an EBITDA margin of 30% % - (5) In 2021 around € 5m of sales and an EBITDA margin of 20%
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| ACQUIRED COMPANIES | FINANCIAL DATA (1) | % of | PRICE | GROUP | ||
|---|---|---|---|---|---|---|
| Sales | EBITDA | Additional Information |
HOLDING | PAID | DIVISION |
2022
| 11 April | DRAINTECH Italy |
€ 4m | 20% | - | 80% | € 2.6m | Hydraulics |
|---|---|---|---|---|---|---|---|
| 20 October | EUROFLUID Italy |
€ 28m | 20% | - | 80% | € 26.4m | Hydraulics |
| 20 February | INDOSHELL AUTOMOTIVE SYSTEM India |
€ 12m | € 2m | - | 85% | € 8m | Hydraulics |
|---|---|---|---|---|---|---|---|
| 20 April | I.MEC Italy |
€ 17m | 23% | - | 70% | € 14 | Water Jetting |
| 18 May | WAIKATO New Zealand |
NZD \$ 80m | 14% | - | 100% | NZD \$ 30m | Water Jetting |
(1) 2021 Reported for Draintech and 2022 Forecast for Eurofluid – 2023E for Indoshell, 2022R for both I.Mec and Waikato


| ACQUIRED COMPANIES | FINANCIAL DATA (1) | % of | PRICE | GROUP | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales | EBITDA Margin |
Additional Information |
HOLDING | PAID | DIVISION | ||||
| 2024 | |||||||||
| 9 April | PP CHINA YRP FLOW TECNOLOGY China |
€ 10m | 10% | - | 60% 60% |
€ 2.9m | Water Jetting | ||
| 22 April | ALLTUBE U.K. |
€ 5m | 15% | € 1m of cash | 100% | € 2.3m | Hydraulics | ||
| 3 June | ALFA VALVOLE Italy |
€ 28m | 26% | € 11m of cash | 100% | € 55.2m | Water Jetting | ||
| 24 October | HIDROVER Brasil |
€ 23m | 26% | € 3m of cash | 59% | € 17.5m | Hydraulics | ||
| 2025 | |||||||||
| 16 June | PADOAN Italy |
€ 15m | 17% | - | 65% | € 16m | Hydraulics |
(1) 2023 Reported for PPChina & YRP Flow Technology, Alltube and Alfa Valvole and 2024 Forecast for Hidrover – 2024 Reported for Padoan




2Q2025




▪ DISCLAIMER




The Group uses several alternative measures that are not identified as accounting parameters in the framework of the IFRS standards in order to allow the trend of economic operations and the Group's financial position to be better evaluated. Such indicators can also assist the directors in identifying operating trends and making decisions on investments, resource allocation and other business matters. The measurement criterion applied by the Group may therefore differ from the criteria adopted by other groups and so may not be comparable with them. Such alternative performance indicators are constituted exclusively starting from the Group's historical data and measured in compliance with the Guidelines on Alternative Performance Measures issued by ESMA/2015/1415 and adopted by Consob with communication no. 92543 of 3 December 2015. These indicators refer only to performance in the period illustrated in this Interim Board of Directors' Report and the comparative periods and not to expected performance, so they must not be seen as replacing the indicators required by the reference accounting standards (IFRS). Finally, the alternative indicators are processed with continuity and using uniform definitions and representations for all the periods for which financial information is included in this Interim Board of Directors' Report.
The performance indicators used by the Group are defined as follows:


The Group's income statement is prepared by functional area (also called the "cost of sales" method). This form is deemed to be more representative than its "type of expense" counterpart, which is nevertheless included in the notes to the Annual Financial Report. The chosen form, in fact, complies with the internal reporting and business management methods. The cash flow statement was prepared using the indirect method.

ANNEX

This document has been prepared by Interpump Group S.p.A for use during meetings with investors and financial analysts and is solely for information purposes. The information set out herein has not been verified by an independent audit company.
Neither the Company nor any of its subsidiaries, affiliates, branches, representative offices (the "Group"), nor any of their directors, officers, employees, advisers or agents (the "Group Representatives") accept any responsibility for/or make any representation or warranty, express or implied, as to the accuracy, timeliness or completeness of the information set out herein or any other related information regarding the Group, whether written, oral or in visual or electronic form, transmitted or made available.
This document may contain forward-looking statements about the Company and/or the Group based on current expectations and opinions developed by the Company, as well as current plans, estimates, projections and projects of the Group. These forwardlooking statements are subject to significant risks and uncertainties (many of which are outside the control of the Company and/or the Group) which could cause a material difference between forwardlooking information and actual future results.
The information set out in this document is provided as of the date indicated herein. Unless so required by applicable laws and regulations, the Company assumes no obligation to provide updates of any of the aforementioned forward-looking statements.
Under no circumstances shall the Group and/or any of the Group Representatives be held liable (for negligence or otherwise) for any loss or damage that may arise from any use of this document or its contents or otherwise in connection with the document or the aforementioned forward-looking statements. This document does not constitute an offer to sell or a solicitation to buy or subscribe to Company shares. Neither this document nor a portion thereof may constitute a recommendation to effect any transaction or to conclude any legal act of any kind whatsoever.
This document may not be reproduced or distributed, wholly or in part, by any person outside the Company. By viewing and/or accepting a copy of this document, you agree to be bound by the foregoing limitations.




50%

GROUP 2020-2025 ORGANIC GROWTH EVOLUTION by QUARTER
2020: -12.6% - 2021: +20.1% - 2022: +13.7% - 2023: +6.9% - 2024: -9.0% - 2025YTD: -3.5%

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q22 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q20252Q2025

60%

2020: -13.6% - 2021: +22.8% - 2022: +15.9% - 2023: +5.9% - 2024: -14.0% - 2025YTD: -10.8%

-40% 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q22 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q2025 2Q2025
2020: -10.8% - 2021: +14.4% - 2022: +8.5% - 2023: +9.5% - 2024: +4.6% - 2025YTD: +13.9% 30%

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q22 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q2025 2Q2025


| ACQUIRED COMPANIES | FINANCIAL DATA (1) | % of | PRICE | GROUP | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales | EBITDA Margin |
Additional Information |
HOLDING | PAID | DIVISION | ||||
| 2025 | |||||||||
| 16 June | PADOAN Italy |
€ 15m | 17% | - | 65% | € 16m | Hydraulics |


▪ DISCLAIMER ▪ 2Q-1H2025 DETAILS ▪ 2024 DETAILS






HYDRAULICS 2024 sales: € 1.407m

(1) Market application breakdown: incidence below 0.5% not indicated, incidence between 0.5-1% rounded to 1%


WATER JETTING 2024 sales: € 671m

(1) Market application breakdown: incidence below 0.5% not indicated, incidence between 0.5-1% rounded to 1%

47
The Manager in charge of preparing the company's financial reports declares - pursuant to paragraph 2 of Article 154-bis of the Consolidated Law on Finance - that the accounting information contained in this presentation corresponds to the document results, books and accounting records.
S.Ilario d'Enza, 6 August 2025
Mauro Barani
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