Oci Nv · EURONEXT:OCI
Oci Nv — OCI Global — H1 2025 Earnings Presentation
22 slides from Oci Nv's earnings presentation, Sep 25, 2025
Slide 1: H1 2025 Results
H1 2025 Results 25 September 2025
Slide 2: Disclaimer
Disclaimer This presentation ("Presentation") has been prepared by OCI Global (the "Company"). By accessing and reading the Presentation you agree to be bound by the following limitations: This Presentation does not constitute or form a part of, and should not be construed as, an offer for sale or s
Slide 3: Safety First: Commitment to Zero Injuries
Safety First: Commitment to Zero Injuries OCI is committed to providing a safe and healthy workplace for all employees and stakeholders by implementing the highest international safety standards to avoid any potential risks to people, communities, assets or the environment Conversion intoQ4 FCF2019
Slide 4: H1 2025 Performance
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Slide 5: H1 2025 Financial Summary
H1 2025 Financial Summary Ammonia NW Europe (USD/t) CAN Germany (EUR/t) UAN France (EUR/t) Dutch TTF (USD/mmBtu) +8% +24% +29% +38% 475 511 334 323 270 250 13.0 9.4 H1 2024 H1 2025 H1 2024 H1 2025 H1 2024 H1 2025 H1 2024 H1 2025 Own Produced Sales Volumes (Mt)1 Net Revenue ($m)1 Adjusted EBITDA ($m)
Slide 6: H1 2025 Cash Flow and Net Cash Movement (Continuing Operations)
H1 2025 Cash Flow and Net Cash Movement (Continuing Operations) Change in net cash/(debt) from 31 December 2024 to 30 June 2025 $ million (1,000) 1,295 1,371 (336) (73) (141) 1,030 (87) Continuing net cash Proceeds from $1bn May Distribution 1 H1 2025 Debt Modification Costs 3 Cash Contribution Othe
Slide 7: Strategic Review
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Slide 8: Transactions Update
Transactions Update Announced Transactions Gross Purchase Consideration Signed / Announced Closed ($billion) Sale of Fertiglobe to ADNOC 3.62 15 December 2023 15 October 2024 Sale of Iowa Fertiliser Company LLC (IFCo) to KAES 3.60 16 December 2023 29 August 2024 Sale of OCI Clean Ammonia1 to Woodsid
Slide 9: Beaumont New Ammonia Project Handover to Woodside Expected Q1 2026
Beaumont New Ammonia1 Project Handover to Woodside Expected Q1 2026 Project in pre-commissioning and commissioning stage $1,390m spent2 ~$1.65bn total project budget 97% project complete2 100% engineering completed2 100% procurement completed2 9 (1) Renamed from Clean Ammonia to Beaumont New Ammonia
Slide 10: Use of Proceeds Update
Use of Proceeds Update Type of Distribution Ex-Dividend Date Payment Date Transaction Detail Total Distributed (USD m) Share Capital N/A 7 March 2015 1 OC share for every 2 OCI shares 1,400 Cash (Ordinary Dividend) 6 June 2022 22 June 2022 €1.45 320 Cash (Ordinary Dividend) 26 October 2022 31 Octobe
Slide 11: Contemplated Transaction between OCI and Orascom Construction
Contemplated Transaction between OCI and Orascom Construction 11
Slide 12: OCI Global and Orascom Construction Pursuing Strategic Combination
OCI Global and Orascom Construction Pursuing Strategic Combination To create a Global Infrastructure and Investment Platform Synergistic combination coupling OC’s EPC platform with OCI’s investment expertise and capital access: Transaction Rationale ✓ Complementary Strengths ✓ Strong Balance Sheet ✓
Slide 13: Financial Statements
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Slide 14: Segment Accounting
Segment Accounting Continuing Operations Discontinued Operations Corporate Entities Beaumont New Ammonia (Project completion expected Q1 2026) European Nitrogen US Methanol (Sale completed 27 June 2025) European Methanol (Sale completed 27 June 2025) Fertiglobe (Sale completed 15 October 2024) Nitro
Slide 15: H1 2025 Results – Key Financials & KPIs
H1 2025 Results – Key Financials & KPIs H1'25 H1'24 Cont. Cont. Total Total Disc. Disc. $ million unless otherwise stated Revenue 566.9 494.4 1,061.3 509.0 1,926.6 2,435.6 Gross profit / (loss) (32.1) 83.0 50.9 22.2 659.8 682.0 Gross profit / (loss) margin -5.7% 16.8% 4.8% 4.4% 34.2% 28.0% Adjusted
Slide 16: Sales Volumes by Segment
Sales Volumes by Segment Q1'25 Q2'25 Q1'24 Q2'24 Q3'24 Q4'24 Nitrogen EU Own Product 484 599 489 578 499 419 Ammonia 73 71 124 115 90 98 CAN 248 407 282 337 271 150 UAN 98 60 58 82 69 110 Melamine 17 19 25 25 29 21 DEF 48 42 19 40 40 Traded Third Party 89 78 39 70 56 59 Ammonia 53 50 11 30 22 33 UAN
Slide 17: Reconciliation of Adjusted EBITDA and Adjusted Net Income
Reconciliation of Adjusted EBITDA and Adjusted Net Income H1'25 H1'24 $ million Cont. Cont. Total Total Disc. Disc. Operating profit / (loss) as reported (93.8) 40.1 (53.7) (92.3) 550.8 458.5 Depreciation, amortization and impairment 48.4 0.7 49.1 51.8 44.5 96.3 EBITDA (45.4) 40.8 (4.6) (40.5) 595.3
Slide 18: Reconciliation of Adjusted EBITDA and Adjusted Net Income
Reconciliation of Adjusted EBITDA and Adjusted Net Income H1'25 H1'24 $ million Adjustments in P&L Cont. Cont. Total Total Disc. Disc. Reported net profit / (loss) attributable to shareholders (330.5) 673.5 343.0 (167.3) 177.2 9.9 Adjustments for: Adjustments at EBITDA level 46.7 32.9 79.6 47.1 (9.7
Slide 19: Financial Statements – Income Statement
Financial Statements – Income Statement Six-month period Six-month period $ millions Note ended 30 June 2025 ended 30 June 2024 Revenue 566.9 509.0 Cost of sales (14) (599.0) (486.8) Gross (loss) / profit (32.1) 22.2 Other income (13) 31.4 1.7 Selling, general and administrative expenses (14) (93.1)
Slide 20: Financial Statements – Cash Flow Statement (1/2)
Financial Statements – Cash Flow Statement (1/2) Six-month period ended Six-month period ended $ millions Note 30 June 2025 30 June 2024 Net loss from continuing operations (330.5) (168.4) Adjustments for: Depreciation, amortization and impairment (14) 48.4 51.8 Gain from sale of associate (13) (29.
Slide 21: Financial Statements – Cash Flow Statement (2/2)
Financial Statements – Cash Flow Statement (2/2) Six-month period ended Six-month period ended $ millions Note 30 June 2025 30 June 2024 Proceeds from borrowings (11) 22.3 907.4 Repayment of borrowings (11) (41.8) (702.2) Payment of lease obligations (7.5) (7.6) Purchase of treasury shares (1.0) - N
Slide 22: CsI Global
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