Marzocchi Pompe S.p.a. · MIL:MARP
Marzocchi Pompe — H1 2026 Earnings Presentation
48 slides from Marzocchi Pompe's earnings presentation, Oct 14, 2026
Slide 1: First Half 2026 Results Presentation
FIRST HALF 2026 RESULTS PRESENTATION 14 October 2026
Slide 2: Disclaimer
Disclaimer Privacy The document, drafted by the management of Marzocchi Pompe S.p.A., is strictly confidential, therefore none of its contents may be shared with third parties or used for purposes different from those specified in it. Furthermore, this Document shall not be copied or reproduced with
Slide 3: Agenda
Agenda Company at a Glance 1H 2026 Results & Outlook Achievements Sustainability Appendix Market & Competitive Positioning Business Overview Financials 3
Slide 4: Marzocchi Pompe at a glance: world leader in top-performing products
Marzocchi Pompe at a glance: world leader in top-performing products Marzocchi Pompe is a leading world player in the design, production and marketing of high-performance external gear pumps and Company motors, which are used in sectors like: industrial (textile machines, machine tools, plastic inje
Slide 5: Shareholders & Management: full alignment of interest
Shareholders & Management: full alignment of interest TOP MANAGEMENT BOARD OF DIRECTORS SHAREHOLDERS Paolo MARZOCCHI Paolo MARZOCCHI Main Shareholder, Executive Chairman Executive Chairman Free Float 28,87% Carlo MARZOCCHI TABACCHI Deputy Chairman Gabriele BONFIGLIOLI CEO Franco ROSSI Abbey Road S.r
Slide 6: 1H 2026 Results
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Slide 7: 1H 2026: Marzocchi competes successfully in very challenging markets
1H 2026: Marzocchi competes successfully in very challenging markets MARKET SCENARIO MARZOCCHI POMPE ANSWER • Persistently Weak Global Demand • New products i.e. ELIKA Reversible Actions • Customers’ need for Competitive • Co-Design with customers & Customized products • New Markets JV India, World
Slide 8: 1H 2026 Results: Strong Recovery in Profit Margins
1H 2026 Results: Strong Recovery in Profit Margins NET SALES REVENUE AT € 18.7 M, +0.6% on 1H 2025, DESPITE PERSISTENTLY WEAK GLOBAL MARKETS • THE CORE BUSINESS SALES WERE € 16.7 M IN 1H 2026, UP 3.8% Y-O-Y, HOWEVER SHOWING A 4.2% INCREASE ON 2H 2025 • THE AUTOMOTIVE SALES AT € 2.0 M, -19.7%, WERE
Slide 9: Sales Revenue stable at € 18.7 m, EBITDA margin at 11.7%
Sales Revenue stable at € 18.7 m, EBITDA margin at 11.7% (from 10.5%) Sales Revenue and EBITDA* (€m) 20 18,6 18,7 18 • Sales Revenue at € 18.7 million, +0.6% vs. 1H 16 2025, were stable despite the industry 14 11,7%. slowdown Margin 12 • EBITDA increased by 8.9% to € 2.26 million, 10 10,5%. vs. € 2,
Slide 10: Industrial Business at nearly 36% of sales revenue, Italy 35%
Industrial Business at nearly 36% of sales revenue, Italy 35% Sales Revenue Breakdown by Sales Channel • Sales Revenues by Industrial segments rose to 35.8% of Total Sales (vs. 30.6% in 1H 2025) • Mobile sales remained stable to 31%, including 10.9% Automotive (vs. 13.6% in 1H 2025) • Italy increase
Slide 11: Sales Revenue: Sector of Applications
Sales Revenue: Sector of Applications Industrial Mobile Plastic Gardening Medical New Energies Injection & Green Machines Municipality Transportation Lifting Platforms Presses Material Handling Agriculture Construction Power packs Marine Automotive 11
Slide 12: Back to Net Profit after one-off restructuring costs in 2025
Back to Net Profit after one-off restructuring costs in 2025 EBIT* and Net Result (€m) 1,5 • EBIT increased by 16% to € 1.1 million, 1 0,9 1,1 from € 0.9 million in first half 2025 (adjusted for not recurring costs for 0,5 0,5 redundancies of € 1.41 millions) • Bottom line showed a Net Profit for €
Slide 13: Net Financial Position stable over last year is a very strong point
Net Financial Position stable over last year is a very strong point Adjusted Net Financial Position Evolution (€m) • Adjusted Net Financial Position amounted 5,0 to € 7,8 million at June 2026 basically flat 3,0 2,7 vs. € 7.7 million at end-2025 1,2 1,0 0,5 • Adjusted NFP is net of € 5.7 million of (
Slide 14: Achievements
@ meazoccni POMPE Achievements
Slide 15: ELIKA Reversible, a New Patent featuring Bilateral Hydraulical system
ELIKA “Reversible”, a New Patent featuring Bilateral Hydraulical system IN JANUARY 2026, MARZOCCHI POMPE OBTAINED A SIGNIFICANT INDUSTRIAL INVENTION PATENT RELATING TO BI-DIRECTIONAL REVERSIBLE PUMPS, CONFIRMING ITS R&D TEAM ABILITY TO DEVELOP INNOVATIVE, HIGH-TECH SOLUTIONS THE INVENTIVE CONCEP
Slide 16: ELIKA Modular, New Motors boost Marzocchi top-performing products
ELIKA “Modular”, New Motors boost Marzocchi top-performing products IN 2019 THE NEW ELIKA DEPARTMENT WAS COMPLETED THROUGH AN INVESTMENT OF MORE THAN 1 MILLION EURO IN THE PRODUCTION SITE OF CASALECCHIO (BO) COVERED BY TWO PATENTS, ELIKA IS MARZOCCHI POMPE FLAGSHIP PRODUCT CHARACTERIZED BY LOW N
Slide 17: New Warehouse, New Lines in Zola Predosa to improve productivity
New Warehouse, New Lines in Zola Predosa to improve productivity ENLARGEMENT & RATIONALIZATION OF PRODUCTION CAPACITY AND LOGISTICS IN ZOLA PREDOSA PLANT IN OCTOBER 2022 MARZOCCHI POMPE PURCHASED AN INDUSTRIAL PROPERTY OF APPROX. 4,800 SQUARE METRES (1,800 COVERED), NEXT TO THE ZOLA PREDOSA PLANT
Slide 18: New Plant with Photovoltaic Panels to combine ESG with cost savings
New Plant with Photovoltaic Panels to combine ESG with cost savings INSTALLATION OF PHOTOVOLTAIC PANELS ON THE ZOLA PREDOSA PLANT TO ENHANCE MARZOCCHI’S “GREEN” VOCATION AT THE SAME TIME REDUCING CONSISTENLY ENERGY COSTS IN OCTOBER 2024 MARZOCCHI POMPE COMPLETED THE INSTALLATION OF PHOTOVOLTAIC SY
Slide 19: Marzocchi joins Global Events – 2026
Marzocchi joins Global Events – 2026: A good mix of Traditional and New… CONEXPO LAS VEGAS – 03-07.03.2026 Agricultural Exhibition AERO Friedrichshafen 2026 – 22-25.04.2026 Mobile Exhibition NEW BAUMA CONEXPO INDIA DELHI – 15-18.09.2026 Mobile Exhibition EIMA Bologna– 10-14.11.2026 Agricultura
Slide 20: …as it was 2025 with participations to New and Known world trade fairs
…as it was 2025 with participations to New and Known world trade fairs AGRITEK KAZAKHSTAN ASTANA – 12.03.2025 Agricultural Exhibition NEW BAUMA MUENCHEN – 07.04.2025 Mobile Exhibition IVT OFF-HIGHWAY EXPO CHICAGO – 20.08.2025 NEW Mobile Exhibition POWER TRANSMISSION AND CONTROL ASIA SHANGHAI
Slide 21: 1H 2026 Highlights & Outlook
1H 2026 Highlights & Outlook THE HALF-YEAR 2026 RESULTS UNDERSCORE THE STRONG RESILIENCE OF MARZOCCHI POMPE, WHICH HAS MAINTAINED ITS MARKET SHARE IN THE GEAR PUMP SECTOR DESPITE THE CONTINUED CHALLENGING GLOBAL ECONOMIC ENVIRONMENT THESE RESULTS ALSO CONFIRM THE EFFECTIVENESS OF THE STRATEGIES
Slide 22: Sustainability
@ meazoccni POMPE Sustainability
Slide 23: ESG Achievements: Strong commitment towards Sustainability (1/2)
ESG Achievements: Strong commitment towards Sustainability (1/2) • First Sustainability Report in 2024 – Marzocchi has carried out an in-depth process of analysis that led to publication in May 2025 of its first Sustainability Report, prepared on a voluntary basis according to the criteria of the Eu
Slide 24: ESG Achievements: Strong commitment towards Sustainability (2/2)
ESG Achievements: Strong commitment towards Sustainability (2/2) New «Green» Projects • Treedom Forest – In February 2023 Marzocchi launched the creation of the “Marzocchi Pompe Forest”, giving away the first 300 trees to its employees • This project will not only bring a contribution to carbon diox
Slide 25: New Security Operation Center
New Security Operation Center • In March 2022 Marzocchi Pompe, in partnership with Yarix, finalized a C SOC + Cynet project • Marzocchi’s Cognitive Security Information Center C SOC will operate the: o H24x7x365 monitoring of company networks o Physical and Biometric Security of last generation • Cy
Slide 26: Appendix: Market & Competitive Positioning
Appendix • Market & Competitive Positioning
Slide 27: Fluid Power market and growth forecasts
Fluid Power market and growth forecasts The Fluid Power market is made up by the hydraulic segment and the pneumatic segment. In Asia, Europe and USA the Fluid Power home1 market went from € 25.7 billion in 2000, to € 41.5 billion in 2020 and to 47.3 billion in 2021 of which € 34.2 billion (72%) ste
Slide 28: Focus on hydraulic pumps' market
Focus on hydraulic pumps’ market Within the Hydraulic home1 market, the pumps’ segment is estimated by ISC to be around 5.7 billion (17%) in 2021 (Vs € 4.9 billion in 2020), of which € 3.7 billion (11%) coming from the reciprocating pumps’ segment (axial and radial piston pumps) and € 2 billion (6%)
Slide 29: Competitive positioning
Competitive positioning Characteristic Quality & Customer Gear Pumps Fluid Power Competitivene Quality Range Customization ss vs Price vs Price Company Performance service Range Marzocchi Pompe Bosch Rexroth Bucher Casappa Concentric Galtech/Interpump Hema / DB HPI / JTech Parker Roquet Salami Turol
Slide 30: Product Quality & Performance
Leadership in external gear pumps market + Product Quality & Performance Source: Marzocchi Pompe SpA management estimates - - Product Customization/ Customer service + 30
Slide 31: Appendix: Business Overview
Appendix • Business Overview
Slide 32: MP core business: manufacturing of external gear pumps and motors
MP core business: manufacturing of external gear pumps and motors • The pumps have the function of transferring the fluid from a tank to an actuator within an oil-hydraulic circuit. (for example, a cylinder that drives the shovel of an excavator). This transfer from the suction circuit to the delive
Slide 33: Overview of pump composition and application examples
Overview of pump composition and application examples The pumps are composed of the following main parts: body, flange, cover and bushings in aluminium, and gears (driving and driven wheel) in steel. For some types of products, the flange and the cover can be made out of cast iron. Further component
Slide 34: Product applications: Industrial and Mobile
Product applications: Industrial and Mobile Machines for various industrial applications Power packs Fixed applications (e.g. plastic injection machines, lifting MP is specialized in the production of very low displacement platforms, presses, etc.) that require hydraulic power units pumps, which req
Slide 35: Technological innovation and quality standards
Technological innovation and quality standards The Group's business model is focused on the design, production and marketing of high-performance external gear pumps and motors. The Company manufactures almost all the main components within its own production sites and uses the historical brand “Marz
Slide 36: Target markets
Target markets Core market revenues are split between Industrial and Mobile machines applications, including sales to distributors/sales network, which alone contribute to 36% of MP’s total sales(*) FLUID POWER Industrial Mobile Possible applications: Possible applications: • Textile Machinery • Ear
Slide 37: Main client composition
Main client composition • The company benefits from a diversified client base, having its overall top 3 clients making up only 11.9% of sales and the top 10 representing 37.1%. • In total, the company has more than 800 active clients • The following table reports the weight on consolidated revenues
Slide 38: Global distribution network
Global distribution network Marzocchi Pompe relies on an international distribution network present in over 50 countries. Products are distributed through various channels, such as direct sales, distributors, sales1, American branch operations and Chinese branch operations Distribution network’s hig
Slide 39: Investment highlights
Investment highlights • The Hydraulic market is large, estimated to be around 10.3 billion in 2021 in Europe (Source: CETOP) and € Large target market 1.6 billion in 2021 in Italy (Source: Assofluid) experiencing growth • Evidence of upward trend of Italian hydraulic market in the 2009-2018 period,
Slide 40: Organizational structure and production sites
Organizational structure and production sites • Marzocchi Pompe can count on a team of professionals with consolidated experience. As of 30 June 2026 the workforce consists of 206 resources, with an heterogeneous background of professional skills that strengthens the efficiency of the work team. The
Slide 41: History
History Main operative milestones Start-up of large-scale production On 16th July 2019 In November 2020, Construction of a production unit in of the Elika pump, an innovative listing on the AIM set-up of the joint- New Patent Ostellato (FE) with product with low noise and high market, opening the ve
Slide 42: Appendix: Financials
@ meazoccni POMPE Appendix ¢ Financials
Slide 43: Consolidated Profit & Loss
Consolidated Profit & Loss Euro 000 30-Jun-26 30-Jun-25 Revenue from sales 18,685 18,570 100% 100% Changes in WIP 553 1,127 Other revenue 667 284 VALUE OF PRODUCTION 19,905 19,981 Consumption of raw materials (4,409) (22.9%) (4,352) (22.1%) Service costs (5,826) (30.3%) (5,735) (29.1%) Rentals and l
Slide 44: Consolidated Balance Sheet
Consolidated Balance Sheet Euro 000 30-Jun-26 31-Dec-25 A) NET FIXED ASSETS 17,641 17,819 Intangible fixed assets 607 574 Tangible fixed assets 16,242 16,491 Financial fixed assets 792 755 B) NET WORKING CAPITAL 17,806 14,420 Inventory 10,550 9,796 Assets held for sale 0 0 Customer advances (16) (47
Slide 45: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement €/000 30-Jun-26 31-Dec-25 EBIT 1,072 51 Tax effect (257) 173 Change in provisions (191) (298) Amortization, depreciation and write-downs 1,184 2,455 Cash flow from earnings 1,808 2,381 Changes in working capital Inventory (754) 168 Trade receivables (224) (1,104) Oth
Slide 46: Focus on family and management Buy-out
Focus on family and management Buy-out During 2018 the company underwent a restructuring procedure that modified the shareholding structure. As of today, the company is owned by Paolo Marzocchi. The operation was completed through the creation of a financial debt with Banca di Bologna, which allowed
Slide 47: Disclaimer
Disclaimer Privacy The document, drafted by the management of Marzocchi Pompe S.p.A., is strictly confidential, therefore none of its contents may be shared with third parties or used for purposes different from those specified in it. Furthermore, this Document shall not be copied or reproduced with
Slide 48: Contacts
CONTACTS Marzocchi Pompe S.p.A. [email protected] Integrae SIM S.p.A. – Euronext Growth Advisor Francesco D’Antonio [email protected] Dario Gancitano [email protected] Beatrice Bussoli [email protected] CDR Communication - Investor & Media Relations Pao