IBERSOL | Integrated Management Report | 2025

FINANCIAL PERFORMANCE 4.1 Consol idated f inancial performance Operational Results 2025 Operating profit was €29.6 million in 2025, compared to €23.5 million in 2024. Q1 2025 Q2 2025 Q3 2025 Q4 2025 12M 2025 12M 2024 var. 25 vs 24 Turnover 115,8 131,0 148,1 134,7 529,5 474,3 11,6% EBITDA 24,5 32,6 42,7 32,7 132,5 95,7 38,4% EBITDA margin 21,1% 24,9% 28,8% 24,3% 25,0% 20,2% +4,8 p.p. Amortisation, depreciation and impairment losses of TFA, Rights of Use, Goodwill and IA 25,1 25,2 26,0 26,5 102,9 72,2 42,5% Operating Result -0,6 7,4 16,7 6,2 29,6 23,5 25,9% % Turnover -0,6% 5,6% 11,3% 4,6% 5,6% 5,0% +0,6 p.p. 88