Suominen Oyj · OMXHEX:SUY1V
Suominen Oyj — FY2024 Earnings Presentation
17 slides from Suominen Oyj's earnings presentation, Mar 5, 2025
Slide 1: Q4 and Full Year 2024
SUOMINEN Q4 AND FULL YEAR 2024
Slide 2: Agenda
Agenda Q4 and full year 2024 in brief Financial review Progress in strategy Outlook 2025 Q&A March §, 2025,
Slide 3: Q4 and full year 2024 in brief
Q4 and full year 2024 in brief Q4/2024 in brief * Net sales increased by 3% and were EUR 118.5 million (114.9) * Comparable EBITDA was EUR 4.2 million (5.3) * Cash flow from operations was EUR 6.5 million (13.1) Full year 2024 in brief * Net sales increased by 2.5% and were EUR 462.3 million (450.9)
Slide 4: Financial review
FINANCIAL RI EVIE
Slide 5: Net sales
Net sales Net sales, EUR million 462.3 500 5 493.3 480 4 458.9 460 450.9 443.2 440 | 431.4 420 | 411.4 400 4 380 | 360 4 2018 2019 2020 2021 2022 2023 2024 Net sales, EUR million 160 140 120 100 80 133.1 116.8 412.7 M87 sig 185 | | | 4/22 QU/23 Q2/23__G3/23, Q4/23 Q1/24G2/24_Q3/24 4/24 * The increas
Slide 6: Comparable EBITDA drivers
• The main contributor to the improvement of comparable EBITDA for the full year was higher sales margins driven by the actions we took in commercial excellence. • The main reasons for the decrease in comparable EBITDA from the comparison period in Q4/2024 were higher raw material prices which were
Slide 7: Consolidated statement of profit or loss
Consolidated statement of profit or loss | iS 118,510 114,938 462,318 450,851 -110,979 -106,491 -432,589 -428,122 7,531 8,447 29,729 22,729 2,209 527 4,952 4,802 -8,050 -7,379 -32,068 -28,497 -763 -855 -4,023 -3,851 -58 -81 152 -2,700 869 658 -1,257 -7,517 =275 -2,005 -4,086 -5,987 595 -1347 -5,343
Slide 8: Cash flow from operations
Cash flow from operations Cash flow from operations, EUR million Cash flow from operations, EUR million 60 57.0 20 50 15.6 45 13.4 40 32.1 30.7 10 29.9 8.0 30 6.4 6.5 ' E 1 | i 14.0 21 41.4 : [ of : 2 osm "5 0 = -2.2 26 2018 2019 2020 2021 2022 2023 2024 -5 4/22 QI/23 2/23. 3/23 Q4/23. QI/24 2/24 Q3
Slide 9: Progress in strategy
PROGR! EOS IN STRAT! EGY
Slide 10: Mission, Vision and Strategy
Mission Vision Enabling our customers to win Frontrunner for nonwovens by creating quality nonwovens innovation and sustainability Strategy: Growth and profitability through sustainability, customer focus and efficiency We will grow by creating innovative and more sustainable nonwovens for our custo
Slide 11: Highlights in 2024
Highlights in 2024 Share of new products of net sales is 2 i — sustainable = product launches March §, 2025 Sales of sustainable products increased compared to base year 2019 Investment projects in Bethune, South Carolina and Alicante, Spain to strengthen capabilities and capacity in sustainable pro
Slide 12: Sustainability agenda 2025-2030
Sustainability agenda 2025-2030 + Zero lost time accidents (LTA) + Diversity, equity & inclusion (DEI) index 80% We continue to strengthen our safety culture. We promote human rights, equal opportunities for all employees, and building a high-performance culture. We commit to decreasing the environm
Slide 13: Outlook
OUTLOOK
Slide 14: Outlook for 2025
Outlook for 2025 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2025 will improve from 2024. In 2024, Suominen’s comparable EBITDA was EUR 17.0 million. March §, 2028 & Suominen
Slide 15: Q&A
Q&A
Slide 16: Upcoming events: Q1/2025 result and AGM
Q1/2025 result publication on May 7, 2025 Annual General Meeting on April 25, 2025
Slide 17: Suominen
{—_ Suominen PURE NORDIC QUALITY