Investor Information: Strong operational performance and solid financial position as of 09-2025

28 Nov 2025 17:47 CET

As of 30 September 2025, the Kolibri Group shows a solid performance across all
business lines. Consolidated EBITDA amounts to €31.7 million, and adjusted
EBITDA reaches €36.45 million, reflecting a sustainable improvement in
operational efficiency. Positive operating cash flow further strengthens
liquidity and significantly exceeds the prior‑year level — clear evidence of
financial resilience and disciplined cost control.

Successful implementation of the transformation strategy
Under the “Kolibri Fit for Future” program, the Group continues to optimise its
cost structure and improve margins. Both material and personnel cost ratios have
remained stable or improved slightly, underlining disciplined cost management
and prudent investment. The Group has successfully diversified its revenue base,
creating a more balanced and resilient business model:
- Strong growth in the electronics and services segments,
- Continued growth in contract logistics,
- Share of book business reduced to below 50%.

This diversified structure provides a low‑risk, sustainable foundation for
long‑term growth.

Technological innovation and expansion into new markets
The newly developed logistics platform “Kolibri Freight” fully automates pricing
and order processing, enabling faster response times and higher margins. With an
integrated shipper portal and AI‑driven automation, margin‑rich
direct‑to‑customer services can be scaled efficiently. In addition, exclusive
distribution rights for the RAPOO brand mark a successful entry into the
consumer electronics segment — further strengthening the Group’s revenue base
and expanding its customer reach.

Robust balance sheet and compliance with financial covenants
Equity remains stable at last year’s level, confirming the Group’s strong
capitalization. The moderate increase in debt results from strategic growth
investments and reflects the Group’s reliable access to financing. All financial
covenants have been fully met, underlining the Kolibri Group’s stability and
creditworthiness.

Outlook
For Q4, a moderate increase in EBITDA is expected due to efficiency gains and
the traditionally strong year‑end trading period. The Kolibri Group confirms its
current guidance and remains on track to achieve its stated annual targets.

More information:
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