29 Apr 2026 20:01 CEST

Issuer

OP HoldCo GmbH

• Revenue of EUR 289.8 million in FY 2025 (+4.1% y-o-y), in line with
preliminary figures and guidance
• Adjusted EBITDA increases to EUR 51.9 million (+6.4% y-o-y), margin improves
to 17.9%
• Pro-forma Adjusted EBITDA amounts to EUR 58.3 million (+15.6% y-o-y)
• FY 2026 Outlook: Single-digit revenue growth; target of maintaining or
slightly improving the adjusted EBITDA margin compared to the prior year;
continued focus on execution of inorganic customer acquisition strategy in 2026

Fürth, 29 April 2026 – ONLINEPRINTERS Group (“OP”, the “Company”, the “Group”),
one of the leading online printing companies in Europe, confirms its preliminary
figures for fiscal year 2025 with today’s publication of its Annual Report 2025
and provides guidance for the financial year 2026. Overall, the Company has
recorded positive business performance in FY 2025, which was primarily driven by
continued top-line growth and further improved profitability.

OP consistently executed its growth strategy, combining organic expansion with
targeted strategic acquisitions. In 2025, the Company successfully completed six
acquisitions, further strengthening its market position and laying the
foundation for future growth.

FY 2025 results confirmed in line with guidance

In FY 2025, the Group increased its revenue by EUR 11.3 million to EUR 289.8
million (previous year: EUR 278.6 million), corresponding to growth of 4.1%
year-on-year and in line with the previously communicated guidance of low to
mid-single-digit growth.

From a segment perspective, revenue in the Online segment amounted to EUR 164.3
million compared to EUR 168.5 million in the previous year. In contrast, the
Roll-up segment recorded revenue of EUR 128.5 million compared to EUR 113.9
million in the prior year, with growth primarily driven by acquisitions and
complemented by slightly positive organic development.

Adjusted EBITDA rose from EUR 48.8 million to EUR 51.9 million, representing an
increase of 6.4% year-on-year. This development is also in line with the
previously communicated guidance of low to mid-single-digit growth. The adjusted
EBITDA margin improved by 0.4 percentage points to 17.9%.

On a pro-forma basis, including full-year effects of acquisitions completed in
2025 and run-rate savings from business reorganisation measures, adjusted EBITDA
would have amounted to EUR 58.3 million, corresponding to an increase of 15.6%
year-on-year. These pro-forma figures are not part of the audited financial
statements.

Outlook for 2026

The printing and online printing industry is expected to continue its structural
transformation, with digital, customized and platform-based business models
gaining further importance. In this environment, the Group intends to continue
its strategic direction in 2026.

Assuming a moderate stabilization of the macroeconomic environment, OP expects
single-digit revenue growth in FY 2026, supported in part by full-year effects
from acquisitions completed in 2025. At the same time, the Group expects the
adjusted EBITDA margin to remain at the previous year’s level or to improve
slightly. The outlook does not include any potential additional M&A
transactions, although the Company continues to actively pursue its inorganic
customer acquisition strategy in 2026.

CFO transition

In addition, the Company announces a change in its Chief Financial Officer
position. Kai Zhu succeeds Tobias Volgmann and joined the Company on 1 March
2026. Mr. Zhu’s previous roles include CFO positions at Invacare Holdings
Corporation and the Fire Fighting Group of CNH Industrial, as well as senior
finance roles within the Danaher KaVo Kerr Group. His extensive financial
expertise and international leadership experience make him ideally suited to
support the Company’s further development. Tobias Volgmann will step down from
his position as CFO and leave the Company to pursue new professional
opportunities. He has contributed to preparing the Company for its next phase of
growth.

Sustainability and CSRD reporting

Environmental considerations remain a high priority for the Group and have been
defined as a key factor for long-term competitiveness. In 2025, OP made further
progress in strengthening its environmental responsibility by implementing
targeted measures to enhance energy efficiency and sustainability. These
included the increased use of renewable energy, the transition to
electric-powered vehicles in production and the systematic replacement of
conventional lighting with energy-efficient alternatives.

The sustainability statement for FY 2025 in accordance with CSRD has also been
published today and is available online at:
https://investorrelations.onlineprinters.com/sustainability-reports/. A separate
ESG report for 2025 will be published in the course of the year.

Further information on the fiscal year 2025 can be found in the Annual Report
2025, which is available online at:
https://investorrelations.onlineprinters.com/financial-reports/

In connection with the publication of the interim report for the first quarter
of 2026 at the end of May, the Company will host a conference call, during which
management will present the results and be available to answer questions.


About Onlineprinters
Onlineprinters is one of the leading online printing companies in Europe, with a
strong presence across multiple countries. Our commitment to excellence is
evident in the work of our dedicated team, who operate across six locations.
Every day, they pour their passion and expertise into bringing our customers’
print projects to life. Since our establishment in 1984, we have consistently
pushed the boundaries of print technology, leveraging cutting-edge machinery and
advanced production processes to deliver high-quality products for clients
across Europe. We strategically use AI to expand and optimize our service
offering, delivering greater value at scale. OP HoldCo GmbH has issued a
2024/2029 bond with a volume of EUR 225 million, which is listed on the Open
Market of the Frankfurt Stock Exchange and on the regulated market of Euronext
Oslo.

Contact
Investor Relations
Email: investor.relations@onlineprinters.com


671926_2025_OP_HoldCo_GmbH_Consolidated_Financial_Statements.pdf
671926_2025_OP_HoldCo_GmbH_CSRD_Report.pdf
671926_260429_OP_HoldCo_GmbH_CN_FY_2025.pdf

Source

OP HoldCo GmbH

Provider

Oslo Børs Newspoint

Company Name

OP HoldCo GmbH 24/29 FRN EUR FLOOR C

ISIN

NO0013407072

Market

Euronext Oslo Børs