Equans continues to roll out its strategic Plan. For 2026, Equans confirms it is targeting:

• stable sales versus 2025, at constant exchange rates;
• a cash conversion rate (COPA-to-cash flow1) before working capital requirement (WCR) of between 80%
  and 100%.

Equans has raised its full-year margin target and is now targeting a margin from activities of at least 5.2% (previously Equans was targeting a margin from activities of 5%, a year ahead of the targets set at the 2023 Capital Markets Day).

Equans will hold another Capital Markets Day on 25 February 2027.