New Risk • Jun 26
New major risk - Revenue and earnings growth Earnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 369% Cash payout ratio: 315% Earnings have declined by 24% per year over the past 5 years. Reported Earnings • May 24
First quarter 2026 earnings released: EPS: €0.061 (vs €0.065 in 1Q 2025) First quarter 2026 results: EPS: €0.061 (down from €0.065 in 1Q 2025). Revenue: €2.54m (down 2.5% from 1Q 2025). Net income: €1.55m (down 6.1% from 1Q 2025). Profit margin: 61% (down from 64% in 1Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • May 20
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Miguel Angelo Goncalves is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Apr 23
Ramada Investimentos e Industria, S.A. to Report First Half, 2026 Results on Jul 23, 2026 Ramada Investimentos e Industria, S.A. announced that they will report first half, 2026 results on Jul 23, 2026 Tillkännagivande • Apr 12
Ramada Investimentos e Industria, S.A. announces Annual dividend, payable on April 24, 2026 Ramada Investimentos e Industria, S.A. announced Annual dividend of EUR 0.2400 per share payable on April 24, 2026, ex-date on April 22, 2026 and record date on April 23, 2026. Tillkännagivande • Oct 02
1 Thing, Investments SGPS, S.A. acquired Socitrel - Sociedade Industrial De Trefilaria, S.A. from Ramada Investimentos e Industria, S.A. (ENXTLS:RAM). 1 Thing, Investments SGPS, S.A. acquired Socitrel - Sociedade Industrial De Trefilaria, S.A. from Ramada Investimentos e Industria, S.A. (ENXTLS:RAM) on June 6, 2025. A cash consideration will be paid by 1 Thing, Investments SGPS, S.A. In a related transaction, 1 Thing, Investments, S.A. acquired Fisio Share – Gestão de Clínicas, S.A. as well. The total consideration for the deals were €23.75 million.
1 Thing, Investments SGPS, S.A. completed the acquisition of Socitrel - Sociedade Industrial De Trefilaria, S.A. from Ramada Investimentos e Industria, S.A. (ENXTLS:RAM) on June 6, 2025. Tillkännagivande • Apr 07
Ramada Investimentos e Industria, S.A., Annual General Meeting, Apr 28, 2025 Ramada Investimentos e Industria, S.A., Annual General Meeting, Apr 28, 2025. Location: rua manuel pinto de azevedo 818 4100 320, porto Portugal Tillkännagivande • May 30
1 Thing, Investments SGPS, S.A. completed the acquisition of F. Ramada Aços e Indústrias S.A. from Ramada Investimentos e Industria, S.A. (ENXTLS:RAM). 1 Thing, Investments SGPS, S.A. entered into an agreement to acquire F. Ramada Aços e Indústrias S.A. from Ramada Investimentos e Industria, S.A. (ENXTLS:RAM) on May 10, 2024. Ramada Investimentos e Industria board approved the deal. The transaction may be subject to prior notification to the Competition Authority. The transaction is expected to complete during first half of 2024.1 Thing, Investments SGPS, S.A. completed the acquisition of F. Ramada Aços e Indústrias S.A. from Ramada Investimentos e Industria, S.A. (ENXTLS:RAM) on May 29, 2024. Reported Earnings • May 26
First quarter 2024 earnings released: EPS: €0.075 (vs €0.13 in 1Q 2023) First quarter 2024 results: EPS: €0.075 (down from €0.13 in 1Q 2023). Revenue: €36.1m (down 12% from 1Q 2023). Net income: €1.92m (down 44% from 1Q 2023). Profit margin: 5.3% (down from 8.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Europe. Tillkännagivande • Apr 12
Ramada Investimentos e Industria, S.A., Annual General Meeting, May 03, 2024 Ramada Investimentos e Industria, S.A., Annual General Meeting, May 03, 2024, at 10:00 Coordinated Universal Time. Location: Rua Manuel Pinto de Azevedo, 818 Oporto Portugal Agenda: To discuss and decide on the Company's financial statements for the year 2023, including the separate and consolidated accounts and respective annexes, the Corporate Governance Report (which includes the Remuneration Report), the Management Report and the Sustainability Report (which includes the Non-Financial Information Report), and other corporate information and supervisory and audit documents; to decide on the proposed appropriation of the net profit for the year ended 31st of December 2023 and, additionally, on the distribution of dividends in cash; to assess the management and audit of the Company in accordance with the article 455 of the Portuguese Commercial Companies Code; to deliberate on the granting of authorisation to the Board of Directors for the acquisition and sale of treasury shares to the legal limit of 10%; and to deliberate on the granting of authorisation to the Board of Directors for the acquisition and sale of own bonds to the legal limit of 10%. Reported Earnings • Mar 24
Full year 2023 earnings released: EPS: €0.41 (vs €0.78 in FY 2022) Full year 2023 results: EPS: €0.41 (down from €0.78 in FY 2022). Revenue: €141.2m (down 27% from FY 2022). Net income: €10.4m (down 48% from FY 2022). Profit margin: 7.4% (down from 10% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in Europe. Tillkännagivande • Mar 20
Ramada Investimentos e Industria, S.A. to Report Fiscal Year 2023 Results on Mar 21, 2024 Ramada Investimentos e Industria, S.A. announced that they will report fiscal year 2023 results on Mar 21, 2024 Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: €0.078 (vs €0.24 in 3Q 2022) Third quarter 2023 results: EPS: €0.078 (down from €0.24 in 3Q 2022). Revenue: €31.8m (down 33% from 3Q 2022). Net income: €1.99m (down 68% from 3Q 2022). Profit margin: 6.3% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Reported Earnings • Oct 02
Second quarter 2023 earnings released: EPS: €0.08 (vs €0.20 in 2Q 2022) Second quarter 2023 results: EPS: €0.08 (down from €0.20 in 2Q 2022). Revenue: €38.2m (down 34% from 2Q 2022). Net income: €1.99m (down 61% from 2Q 2022). Profit margin: 5.2% (down from 8.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Reported Earnings • Jul 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €38.2m (down 34% from 2Q 2022). Net income: €1.99m (down 61% from 2Q 2022). Profit margin: 5.2% (down from 8.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Laurentina da Silva Martins was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 