• Strong operational net profit growth of 35% year-on-year (yoy) to EUR 480 million
• Sales increased 10% to EUR 20.1 billion
• Outstanding operating cash flow of EUR 2.4 billion in last 12 months (LTM) pre-factoring, up EUR 396 million
• Strong improvement in net cash position of EUR 1.5 billion following dividend payment of EUR 393 million
• Strong and sustained growth in new orders of EUR 31.5 billion, up 25% foreign exchange-adjusted (fx-adj)
• Record order backlog of EUR 84.8 billion, up 23% yoy
• 2026 operational net profit guidance increased to EUR 1,025 million-EUR 1,100 million, up 30 to 40% (previously: EUR 950-1,025 million,
• +20-30%)
• Turner 2026 operational profit before tax guidance increased to US$1,400 million to US$1,460 million, up 35% to 40%

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Half-year Report 2026

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