Slides
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Interim results September 2026 Where great places start SPARK, (Origin) Walsall
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Agenda 01Introduction and overview Ed Hutchinson 04Financial review Darren Littlewood 10Operational review Ed Hutchinson/Darren Littlewood 20Outlook Ed Hutchinson Darren Littlewood Chief Financial Officer Ed Hutchinson Chief Executive Officer
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IDEA, Golden Valley, Cheltenham, Introduction and overview Speaker Ed Hutchinson 1
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CEO introduction Strong platform with track record of delivery but need to improve performance • Hallam Land is a market-leading land promoter with a significant portfolio that would be extremely difficult to replicate • HBD delivers high-quality developments supported by strong partnerships across the public and private sectors • Improvement plan for Stonebridge Homes is under way, but further action is required irrespective of market conditions • Highly capable people with the skills, experience and relationships to deliver our schemes • Need to evolve and tighten our focus and create a simpler Group with more closely aligned activities Land promotion Property development Home building Henry Boot 2 /0 /2022 9 6 2
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Near-term priorities 32 9 62 /0 /202Henry Boot Unlock and crystalise value Focus on delivery to build a stronger more efficient business Reduce borrowings Operational efficiency • Accelerating planning applications a nd converting consents into sales • Leasing and selling completed commercial developments • Translating house building order book into completions • Outcome : improved profitability, cash generation and returns • Simplifying how we operate to c reate a more efficient cost base • Agile decision making to capture opportunities and manage risk • Sharing expertise and resources across the Group • Greater cost and capital discipline • Pr ioritising investment in the hi ghest-quality opportunities • Partnerships to grow/fund development programme • Recycle capital from large sites • Outcome : stronger balance sheet and capital for distribution and investment Business review underway, with a refreshed strategy and new medium -term objectives to be presented in early 2027 • Outcome : higher quality business for long-term value creation
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Financial review Speaker Darren Littlewood Aptus (Origin), Preston 4
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Financial summary 22/09/2026Henry Boot 5 Revenue £80.7m H1 2025: £99.4m Operating profit £(3.9)m H1 2025: £12.1m ROCE – 12mth 3.5% H1 2025: 7.3% NAV per share 301p 31 Dec 2025: 311.6p Gearing 33% 31 Dec 2025: 26% Basic EPS (2.2)p H1 2025: 4.8p
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Revenue and operating profit 22/09/2026Henry Boot 6 Operating loss £4.4m ▬ 99.4 80.7 ( 21.5 ) ( 7.3 ) ( 2.9 ) 13.1 50 60 70 80 90 100 110 H1 2025 Land promotion Property development Home building Construction H1 2026 Reduction in land promotion turnover and profit partially offset by central cost savings 12.2 (3.9) (12.2) 1.8(1.6) (1.1) (2.9) -10 -5 0 5 10 15 H1 2025 Land promotion Property dev Home building Construction Central costs H1 2026 Revenue (£m) Operating profit (£m)
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108.0 132.9 3.7 8.2 4.0 (3.9) (3.3) (3.1) (7.2) (1.9) (5.0) (2.6) (13.8) 80 90 100 110 120 130 140 Net debt 1 Jan 2026 Operating loss Non-cash items Interest Tax Dividends paid Investment property Inventories Equipment held for hire Acquisition of subsidiary JVs & associates Other working capital Net debt 30 Jun 2026 £m 22/09/2026Henry Boot 7 Cash generation and change in net debt Investment property sales and reduction in inventory offset by change in working capital Outflow from operations £13.8m Net investment outflow £11.1m
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Balance sheet 22/09/2026Henry Boot 8 1 Including share of JVs and associates of £32.1m at 30 Jun 2026 (31 Dec 2025: £24.0m) and assets held for sale of £7.8m at 30 Jun 2026 (31 Dec 2025: nil) before adjustment in respect of tenant incentives 2 Excluding retirement benefit assets net of tax of £3.3m at 30 Jun 2026 (31 Dec 2025: £2.3m) Debt higher on increased working capital • Investment pr operty at £116.0m, including our Origin JV share • Inventories £4.0m lower, as planning spend was o utweighed by lower home building land and WIP • Other w orking capital up £17.1m, reflecting cash due on deferred land sales • Net de bt at £132.9m following a £5.0m purchase of a f urther 12.5% of Stonebridge • Underlying NA V per share 4% lower, of which 4p r elates to the Stonebridge purchase • Lending group remains supportive, and in active d iscussions to amend full-year covenant requirements Jun 26 Dec 25 Investment property1 £116.0m £118.7m Property,plant & equipment £27.3m £26.9m Inventories £364.1m £368.1m Other working capital £35.2m £18.1m Net debt £(132.9)m £(108.0)m Retirementbenefit assets £4.4m £3.0m Other net liabilities £(7.3)m £(6.6)m Totalequity £406.7m £420.1m Gearing 33% 26% IFRSNAVper share 301p 313p Underlying NAVper share2 298p 312p
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203 61 102 114 144 203 0 50 100 150 200 250 Completed in H1 26 Completed H2 26 to date Exchanged for completion in H2 26 Reserved for completion in H2 26 Under negotiation for completion in H2 26 Total £m Hallam Land HBD Stonebridge Homes 22/09/2026Henry Boot 9 Sales progress 71% of budgeted sales for FY 26 completed, exchanged or reserved (HY25: 80%) 71% of budget
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Operational review Speakers Ed Hutchinson & Darren Littlewood Woodland Place, Middlesbrough 10
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Stonebridge • Operating loss ex pected in 2026, reflecting lower sales rates, c.4% build cost inflation, site extension costs and legacy issues • Net private reservation rate of 0.38 (HY25: 0.42), i mpacted by higher mortgage rates in Q2 • Private A SP £431k (HY25: £391k), with incentives stable • Forward order book of £30m (HY25: £29m) • Full year completions anticipated to represent a small i ncrease on the prior year (FY25: 185) 72 HY25: 85 Total completions 1,449 Dec 25: 1,414 Henry Boot 11 Owned land bank (plots) Subdued house sales impacts performance 22/09/2026
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Key priorities to improve performance • Leadership reset and integration underway to professionalise and i ntegrate the business • Investing in our people and systems, supported by our group fu nction teams, to strengthen sales and customer experience • Improving operational efficiency by enhancing data quality and a lignment across procurement, build programmes and sales • Clearer, more disciplined land strategy to better align site scale w ith our premium homes strategy • Near term focus is strengthening disciplines, with H2 focus on the order book, build and cash management Stonebridge restart plan 12Henry Boot 22/09/2026
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Hallam Land Home builder land acquisition strategy has slowed sales 3,957 556 HY25: 1,222 £11.4k £10.8k HY25: £15.7k Henry Boot 2 /0 /2022 9 6 13 3,869 1,944 2,661 3,957 556 0 1,000 2,000 3,000 4,000 5,000 2022 2023 2024 2025 H126 Plot sales 5yr average: 2,741 6 15 10 11 11 0 5 10 15 20 2022 2023 2024 2025 H126 Gross profit per plot - £k 5yr average: £10k • 556 plots sold in H1 26 (HY25: 1,222) • Average gross profit per plot of £10,829 (HY25: £15,734) • Key sales: 416 plots at Biggleswade to Persimmon and 140 plots at Thorpe Willoughby to Vistry • Delivered an average ungeared IRR of 30.5% pa • A further 465 plots exchanged and 1,715 under offer, all expected to complete in the second half • 3,385 plots submitted year to date and on track to submit 1 0,000 in 2026, with £10.9m invested in new and existing opportunities
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9,431 8,501 8,882 9,024 9,086 12,297 13,468 13,146 19,580 21,361 0 10,000 20,000 30,000 40,000 2022 2023 2024 2025 H126 Plots with permission and in submission Plots with permisson Awaiting determination Hallam Land Long-term value continuing to build in the land bank Scotland 12,284 North mids 20,833 South west 22,679 South east 10,650 South 6,330 South mids 21,383 North 13,765 Plots Inventory Freehold: 10,308 £59m Option: 7,542 £9m PPA: 90,074 £93m 107,924 £161m 142 9 62 /0 /202Henry Boot 227 804 332 1,237 618 208 210 2,650 2,922 435 1,014 2,982 4,159 0 1,000 2,000 3,000 4,000 5,000 2022 2023 2024 2025 H126 Plots granted H1 H2 Total
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Biggleswade, Bedfordshire Henry Boot 15 Unlocking value from complex sites • Hallam Land entered into a PPA for the 105 acre site in 2017 • 43 acres were allocated in Central Bedfordshire Council’s Local Plan, which was adopted in July 2021 • Outline consent was secured following a complex planning process, on appeal in November 2025 • The wider development will provide substantial community benefits, including s106 contributions and new public space • Transaction generated an ungeared internal rate of return o f 1 6.3% p.a. 22/09/2026 Plots sold 416 Type PPA
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Land promotion Henry Boot 16 • Land portfolio held at cost, with gains not recognised until disposal • Disposals over last five years achieved average gross p rofit per plot of £10k – IRR of 23% pa, over 15 years • Potential gross profit of£91m for sites with planning plus a fu rther £214m for schemes awaiting determination1 • Including allocations gross profit of £433m1 from sites already progressed in planning status2 • Illustrative NPV after overheads and tax of £230m or 170p per share – NAV uplift of 57% 3 Substantial embedded value in strategic land portfolio 91 433 1,079 214 128 646 0 200 400 600 800 1,000 1,200 With planning In planning Allocated Progressed Future Total Potential gross profit at £10k per plot by planning status (£m) Potential gross profit £1,079m Illustrative NPV NPV pence per share £230m 170p 1 Based on average gross profit per plot of £10k achieved over the last 5 years 2 Includes allocations and draft allocations 3 Based £10k gross profit per plot, overheads of 27%, tax at 25% and discount rate of 15% over 15 years 22/09/2026
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£1.7bn HBD share: £1.4bn HBD pipeline GDVCommitted programme £161m HY25: £128m Henry Boot 2 /0 /2022 9 6 17 Property investment & development Dec 25: £119.8m • Committed development programme increased to £161m ( HBD share: £113m), 79% pre-let or under offer • Golden Valley phase one adds £95m GDV to the pr ogramme and is fully funded • Origin’s three I&L schemes (£56m; HBD share: £13m) are on programme and budget • Origin is 66% leased or under offer, with rents ahead of b usiness plan • £1.7bn pipeline (HBD share: £1.4bn): 57% I&L, 27% urban c ommercial and 16% urban residential • Investment portfolio totalreturn of 2.5% in H1 26, in line with CBRE UK Monthly Index Committed programme grows with strong leasing momentum Investment portfolio
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Golden Valley, Cheltenham Henry Boot 18 £95m phase one fully funded; work underway • Forward funding secured for phase one of the £1bn mixed-use scheme, central to the UK’s National Cyber Strategy • Phase one comprises IDEA, a 160,000 sq ft innovation centre, R OUTER transport hub and infrastructure • IDEA is 68% pre-let or under offer, with strong interest in the r emaining space • HBD will earn a development management fee after master planning, detailed design and planning • Phase two INPUT and OUTPUT add 188,000 sq ft; up to 443 homes are consented, with residential-partner marketing underway 22/09/2026
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£1.4bn development pipeline Key schemes Scheme: I&L GDV: £112m (our share £56m) Size: 600,000 sq ft Planning Status: Outline achieved Henry Boot 2 /0 /2022 9 6 19 Scheme: I&L GDV: £130m (phase one) Size: 5.5m sq ft Planning Status: Outline achieved Scheme: Urban commercial GDV: £120m Size: 430,000 sq ft Planning Status: Planning submitted AvTech, DuxfordWakefield Hub, Wakefield FREEPORT 36, Goole
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FREEPORT 36, Goole Outlook Speaker Ed Hutchinson 20
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Significant embedded value 22/09/2026Henry Boot 21 Opportunities across the business with strong value creation potential • Total home building forward order book of £30m • Increased focus on matching sales and build to optimise WIPHome building 28% Land promotion 30% Property investment & development 42% £83.8m £111.4m £93.3m £9.0m £58.9mFreehold land Land PPAs Developments Investments Options WIP • I&L focussed portfolio which has outperformed its benchmark • R ecently completed schemes and redevelopment opportunities • Investment in £1.4bn GDV development pipeline • R ecently completed schemes including Island, Manchester £536.2m 1 • Strategic land bank totalling 107,924 plots across more than 200 sites • 9,086 plots with planning plus further 21,361 plots awaiting determination • H eld at cost with gains only recognised on disposal • Including 1,449 owned plots with detailed planning consent • More disciplined land strategy to align site scale with premium homes strategy • Target to submit applications for 10,000 plots in 2026 • I n addition, multiple sites with the potential for commercial space 1 Including share of JVs and associates and assets held for sale Origin JV £32.1m £61.5m £86.2m • Our share of current and completed I&L development which are now 66% let
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Outlook Henry Boot 2 /0 /2022 9 6 22 Second half performance expected to improve despite challenging market conditions • Land sales delayed from the first half expected to complete in the second half • Transaction volumes anticipated to remain subdued for the remainder of the year • Clear near-term priorities and refreshed strategy to be pr esented in 2027 • Board will not prioritise short-term performance at the ex pense of future returns • Attractive longer-term market fundamentals and a s trong pipeline leave the Group well placed Ark (Origin), Markham Vale
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Well placed for the future Investing to support growth Owned land bank with planning c.1,400 plots c.107,000 strategic land plots c.£1.4bn development pipeline Land promotion Property investment and development Home building Henry Boot 232 /0 /2022 9 6
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Appendix Appendix Setl, Birmingham 24
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Land promotion Hallam Land Group structure Henry Boot is one of the UK's leading land, property development and home building businesses, transforming land and spaces since 1886. First listed on the London Stock Exchange in 1919, we employ over 350 people across the UK and focus on three key markets: residential, industrial and logistics, and urban development. The group comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant. Hallam Land manages one of the UK’s largest strategic land portfolios which has the potential to facilitate over 100,000 homes. HBD has a £1.4bn development pipeline across our key markets and owns a c.£120m investment portfolio focused on industrial and logistics. Stonebridge Homes, our majority owned housebuilder, delivers premium homes across Yorkshire, the North East and the North Midlands. Banner Plant supplies construction equipment and services through a network of depots across the East Midlands and Yorkshire. Henry Boot 25 Business segments Property investment & development HBD Construction Banner Plant Home building Stonebridge Homes 22/09/2026
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Business model Track record of generating attractive returns Land promotion Property investment and development Home building Plant hire Sale of propertySale of land Plant hire Obtain planning permission Identify opportunities and acquire land Development of sites Investment portfolio Henry Boot 2 /0 /2022 9 6 26
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Our strategy Henry Boot 27 Our priorities Creating great places today, to build a better tomorrow Long term markets Value delivery Responsible approach Land promotion Property investment and development Home building Industrial and logistics Residential Urban development People Partners Places Planet People strategy + ESG 22/09/2026
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Henry Boot 2 /0 /2022 9 6 Land promotion • Hallam Land sold 556 plots (HY25: 1,222), 465 plots exchanged for completion in H2 • 9,086 plots permitted and held at cost. 21,361 awaiting determination; on track to submit 10,000 plots in 2026 • Land bank increased to 107,924 plots (2025: 105,854) Operating profit £1.5m HY25: £13.8m Property investment & development • Committed development programme increased to £161m GDV (HY25: £128m), 79% pre-let o r under offer • Origin JV 66% leased or under offer (2025: 9%), with rents ahead of business plan • Sold Warminster retail asset for £8.6m, a 7.5% premium to December 2025 book value Operating loss £(0.8)m HY25: £0.8m Home building • Stonebridge Homes completed 72 home sales (HY25: 85) • Net private reservation rate 0.38 (HY25: 0.42) • Owned land bank with planning stands at 1,449 plots (2025: 1,414) Operating loss £(3.1)m HY25: £(2.0)m Group • Construction operating profit £0.9m (HY25: £3.9m) • Central operating costs £2.9m (HY25: £4.2m) Operating loss £(3.9)m HY25: £12.2m First half operational performance Subdued transaction volumes weighed on first half performance 28
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Land promotion Henry Boot 29 • Land portfolio held at cost, with gains not recognised until disposal • Disposals over last five years achieved average gross p rofit per plot of £10k – IRR of 23% pa, over 15 years • Illustrative NPV assumes landbank is realised overthe next 15 years with overheads of 27%1 and tax rate of 25% • Potential discounted profit to come based on average gross profit per plot of £10k of £184m to £261m is equivalent to an NAVuplift of 45% to 64% or 136p to 193p Illustrative potential future land bank profit Status No of plots £8k per plot £9k per plot £10k per plot £11k per plot £12k per plot With planning 9,086 £73m £82m £91m £100m £109m In planning 21,361 £171m £192m £214m £235m £256m Allocated2 12,846 £103m £116m £128m £141m £154m Future 64,631 £516m £581m £646m £711m £776m Total 107,924 £863m £971m £1,079m £1,187m £1,295m Potential gross profit to come split by planning status Illustrative NPV of total owned and controlled landbank 1 Land promotion administrative expenses have averaged 27% of gross profit between FY21 & FY25 2 Includes allocations and draft allocations Discount rate £8k per plot £9k per plot £10k per plot £11k per plot £12k per plot 12.5% £209m £235m £261m £287m £314m 15.0% £184m £207m £230m £253m £276m 17.5% £164m £185m £205m £226m £246m 20.0% £147m £166m £184m £203m £221m 22/09/2026
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Henry Boot 2 /0 /2022 9 6 30 Committed programme £113m GDV, of which 79% has been pre-let, pre-sold or under offer Scheme Area '000 sq ft Our Share GDV (£m)* Status Expected Completion Industrial & Logistics Origin, Markham Vale, Ark (Phase 2) 54 25% 2 Speculative Q3 26 Origin, Preston, Aptus 107 25% 5 Speculative Q4 26 Origin, Walsall, SPARK, (Phase 2) 101 25% 6 Speculative Q4 26 Preston, Roman Way 150 50% 5 Pre-sold Q4 26 Urban Commercial Golden Valley, Cheltenham (phase one) 120 100% 95 Forward funded Q3 27 Total committed pipeline 532 45% 113 *Our share
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Potential to deliver c.£1bn of high quality I&L assets Origin JV Aptus Henry Boot 312 /0 /2022 9 6 SPARK Markham Vale ARK Markham Vale, ARK Welwyn Garden,INTER Preston, APTUS % Let: 24% 3 2 1 1 4 3 Walsall, SPARK2 4 Scheme Completed Committed Total Markham Vale, ARK - 107 107 Scheme Completed Committed Total Markham Vale, ARK 107 54 161 % Let: 44% Scheme Completed Committed Total Markham Vale, ARK 271 101 372 % Let: 76% Scheme Completed Committed Total Markham Vale, ARK 71 - 71 % Let: 69%
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Investment property Portfolio focused on industrial and logistics ¹ Portfolio market valuation excludes share of JV investmentproperty under construction ² Weighted average unexpired lease term (WAULT) on commercial properties 3 As a percentage of like-for-like completed property portfolioestimated rental value (ERV) The event company, Southend • Mid box I&L • 16,491 sq ft • Our s hare 100% • Completed in 2025 • 100% l et Shoal Group, Luton • Small/Mid b ox I&L • 85,000 sq ft • Our s hare 100% • Completed in 20 23 • 100% l et Jun 26 Dec 25 Market valuation – inc. share of JV’s¹ £117.2m £119.8m Number of properties 24 25 Totalarea – ‘000 sq ft 564 770 % industrial and alternative 90% 83% Passing rent £5.5m £5.4m ‘Topped-up’ net initial yield 6.0% 5.2% Reversionaryyield 6.6% 6.2% WAULTto expiry² 9.5 years 8.5 years Occupancy3 97% 95% Henry Boot 2 /0 /2022 9 6 32
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3 5 Origin 25% Island 50% Other n/a Tot al Revenue - £0.4m £0.5m £0.9m Admin and other expenses £(0.6)m £(0.4)m £(0.4)m £(1.4)m Revaluation of investment property £3.2m - - £3.2m Operating profit £2.6m - £0.1m £2.7m Investment property £31.5m - £0.6m £32.1m Inventory - £22.2m £34.0m £56.2m Cash £0.6m £0.2m £1.0m £1.8m External borrowings £(16.6)m £(15.3)m - £(31.9)m Balances from partners - £(8.3)m £(20.5)m £(28.8)m Other assets/(liabilities) £(3.0)m £(0.1)m £(1.0)m £(4.1)m Net investment £12.5m £(1.3)m £14.1m £25.3m Investment in joint ventures The group’s share of its JVs and associates' assets and liabilities Island Manchester ARK (Origin) Markham Vale 33Henry Boot 22/09/2026
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Movement in underlying NAV per share NAV impacted by Stonebridge Homes acquisition Henry Boot 2 /0 /2022 9 6 34 311.6p 298.3p 300.7p (2.9p) (1.8p) (5.4p) (3.7p) (1.1p) 1.5p 2.4p 290p 295p 300p 305p 310p 315p 1 Jan 2026 Operating loss Interest Tax Dividends Acquisition of SBH Other items 30 Jun 2026 Pension scheme IFRS NAV
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Jun 26 Dec 25 Property, plant & equipment 27.3 26.9 Investment properties 76.0 94.6 Investment in JVs and associates 26.0 22.9 Trade and other receivables 25.8 47.9 Retirement benefit assets 4.4 3.0 Other non-current assets¹ 3.6 4.3 Non-current assets 163.1 199.6 Inventories 364.1 368.1 Contract assets 12.9 8.4 Trade and other receivables 73.0 69.9 Cash and cash equivalents 22.0 8.4 Assets held for sale 7.8 0.0 Current assets 479.8 454.8 Trade and other payables 67.6 86.4 Contract liabilities 0.9 0.0 Borrowings 1.0 0.9 Other current liabilities2 1.9 6.4 Current liabilities 71.4 93.7 Trade and other payables 8.0 21.7 Borrowings 151.0 112.2 Other non-current liabilities3 5.8 6.6 Non-current liabilities 164.8 140.5 Net assets 406.7 420.1 Statement of financial position 1 Intangible assets (£1.0m) & Right-of-use assets (£2.5m) 2 Current tax liabilities(£0.3m), Lease liabilities(£0.9m) & Provisions (£0.7m) 3 Lease liabilities (£2.0m) & Deferred tax liability (£3.8m) Note: Due to rounding numbers presented may not add up precisely to the totals provided Jun 26 Dec 25 Cash and cash equivalents 22.0 8.4 Borrowings (152.0) (113.1) Lease liabilities (2.9) (3.3) Net debt (132.9) (108.0) Completed investment property 76.0 94.6 Investment property under construction 0.0 0.0 Total investment property 76.0 94.6 Property developments in progress 55.2 57.8 Home building land and work in progress 147.7 156.4 Land held for development or sale 58.9 60.1 Options to purchase land 9.0 9.0 Planning promotion agreements 93.3 84.8 Total inventories 364.1 368.1 Henry Boot 2 /0 /2022 9 6 35
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362 9 62 /0 /202Henry Boot FY 2024 FY 2025 HY 2024 HY 2025 HY 2026 Non-current assets £161.5m £199.6m £197.0m £193.0m £163.1m Current assets £462.1m £454.8m £443.4m £427.9m £461.8m Less current liabilities £(174.7m) £(205.7m) £(206.8)m £(187.2)m £(211.4m) Less pension assets £(9.9m) £(3.0m) £(9.8)m £(6.9)m £(4.4m) Capital employed –previously reported £439.0m £445.6m £423.8m £426.7m £409.1m Add reclassification of borrowing facility £72.5m £112.0m £110.0m £92.5m £150.0m Capital employed –restated £511.5m £557.6m £533.8m £519.2m £559.1m Operating profit – continuing operations £36.5m £30.5m £5.9m £12.2m £(3.9)m Operating profit – discontinued operations £(2.3)m £2.7m n/a £(2.0)m n/a Operating profit – total £34.2m £33.1m £5.9m £10.2m £(3.9)m ROCE – previously reported 8.0% 7.5% 9.1% 4.5% ROCE – previously reported exc disc 8.5% 6.9% 10.1% 3.4% ROCE – restated 6.8% 6.2% 7.3% 3.5% ROCE – restated exc disc 7.2% 5.7% 8.1% 2.7% Capital employed • Return on Capital Employed (ROCE) is defined as rolling 12-month operating profit/capital employed where capital employed is the average of total assets less current liabilities and pension assets at the opening and closing balance sheet dates. • Comparative information has been restated in respect of the classification of the groups main borrowing facility. In FY 2024, the group presented these borrowings as current liabilities based on contractual maturity. Following a review of the terms, and in accordance with IAS 1 Presentation of Financial Statements, borrowings are now presented as non-current where, at the reporting date, the group had the right to defer settlement of the liability for at least twelve months after the reporting date. These reclassifications have no impact on profit, earnings per share or cash flows. Note: Due to rounding numbers presented may not add up precisely to the totals provided
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Shareholding As at 7 September2026 44.8% 60m Henry Boot founding family (across 104 holdings) 0.5% 0.7m Directors 28.1% 37.6m Main institutional shareholders 8.7m London & Amsterdam Trust Co/Rovida 6.7m Fidelity International 4.2m Artemis Investment Management 3.3m Jupiter Asset Management 3.2m Schroder Investment Management 2.9m Dimensional Fund Advisors 2.8m Interactive Investor 2.7m Hargreaves Lansdown 1.7m West Yorkshire PF 1.4m Raymond James Investment Services Henry Boot 22/09/2026 37 26.4% 35.7m Other shareholdings 134m Shares in issue
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Sale of Henry Boot Construction Simplifies group’s structure and reduces risk profile • Sale of HB C to PWS, a company formed by the HBC management team, for £4.0m • Fits s trategy and enhances growth prospects with a more focused portfolio with greater synergies • HBC h as made only a small contribution to group profits with the disposal reducing the risk profile of the group • Five-y ear vendor loan with personal guarantees provided • Potential fo r additional future payments based on certain performance criteria • Sale completed on 31 December 20 25 • Initial profit recognised on disposal of £2.0m in FY25 Henry Boot 2 /0 /2022 9 6 38 FY 2025 Reported HBC Adjusted Revenue £251.5m £55.4m £307.0m Gross profit £65.8m £6.9m £72.7m Operating profit £30.5m £2.7m £33.1m Profit before tax £26.4m £2.6m £29.1m Tax £(8.1)m £(0.5)m £(8.5)m Profit after tax £18.4m £2.2m £20.5m HY 2025 Reported HBC Adjusted Revenue £99.4m £27.0m £126.4m Gross profit £30.7m £1.3m £32.0m Operating profit £12.2m £(2.0)m £10.2m Profit before tax £9.8m £(2.0)m £7.8m Tax £(2.4)m £0.5m £(1.9)m Profit after tax £7.4m £(1.5)m £5.9m Note: Due to rounding numbers presented may not add up precisely to the totals provided
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Disclaimer This presentationcontains forward-looking statements Although the group believes that the estimates and assumptions on which such statements are based are reasonable, they are inherently uncertain and involve a number of risks and uncertainties that are beyond the group’s control. The group does not make any representation or warranty that the results anticipated by such forward-looking statements will be achieved, and this presentation should not be relied upon as a guide to future performance. Henry Boot PLC, Company No:160996.Registeredin England and Wales. RegisteredOffice – Isaacs Building, 4 Charles Street, Sheffield,S1 2HS.