Suominen Oyj · OMXHEX:SUY1V

Suominen Oyj — Q1 2023 Earnings Presentation

16 slides from Suominen Oyj's earnings presentation, May 4, 2023

  1. Slide 1: Suominen Q1/2023

    SUOMINEN Q1/2023 Tommi Björnman, President and CEO Sirpa Koskinen, interim CFO May 4, 2023

  2. Slide 2: Agenda

    Agenda Q1/2023 in brief Financial review Highlights in strategy and sustainability Outlook 2023 Q&A May 4, 2023

  3. Slide 3: Q1/2023 in brief

    Q1/2023 in brief • Net sales were EUR 116.8 million (110.3) • Comparable EBITDA was EUR 2.6 million (3.3) • Cash flow from operations totaled to EUR 3.3 million (-2.7) May 4, 2023

  4. Slide 4: Financial review

    FINANCIAL RI EVI i: =

  5. Slide 5: Net sales

    Net sales Net sales, EUR million Net sales, EUR million 140 131.9 133.1 600 115.3 115.6 118.0 116.8 493.3 120 113.6 110.3 500 458.9 431.1 443.2 98.7 411.4 100 400 80 300 60 200 40 116.8 100 20 0 0 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 2018 2019 2020 2021 2022 Q1/2023 • Sales volumes

  6. Slide 6: Comparable EBITDA

    Comparable EBITDA Comparable EBITDA, EUR million Comparable EBITDA, EUR million 70 20 18.5 60.9 18 60 16 15.3 50 47.0 14 40 12 33.7 10 9.0 30 25.6 8 20 6 5.1 5.0 15.3 4.2 4 3.3 2.6 10 1.9 2.6 2 0 0 2018 2019 2020 2021 2022 Q1/2023 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 • EBITDA declin

  7. Slide 7: Consolidated statement of profit or loss

    Consolidated statement of profit or loss EUR thousand 1-3/2023 1-3/2022 1-12/2022 Net sales 116,793 110,269 493,298 Cost of goods sold -111,939 -103,687 -474,718 Gross profit 4,854 6,582 18,579 Other operating income 1,101 315 5,739 Sales, marketing and administration expenses -7,337 -7,255 -28,932

  8. 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 20.0 16.0 15.6 15.0 50 11.9 10.0 40 32.1 29.9 5.0 3.3 30 1.2 0.0 20 14.0 11.1 -5.0 -2.7 10 2.9 3.3 -10.0 -8.9 0 -10.8 2018 2019 2020 2021 2022 Q1/2023 -15.0 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q

  9. Slide 9: Highlights in strategy and sustainability

    HIGHLIGHTS IN STRATEGY AND SUSTAINABILITY

  10. 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

  11. Slide 11: Highlights in strategy and sustainability

    Highlights in strategy and sustainability Suominen Sustainability & New Fiber Seminar Suominen organized a Sustainability & New Fiber Seminar in Nakkila at end of February 2023. The Seminar gathered around fifty participants from across the nonwoven production value chain and received excellent feed

  12. Slide 12: Outlook

    OUTLOOK

  13. Slide 13: Outlook 2023

    Outlook 2023 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2023 will increase from 2022. In 2022, Suominen’s comparable EBITDA was EUR 15.3 million. May 4, 2023

  14. Slide 14: & Suominen ©9999 © BS

    —{ D 6) & Suominen 999 ©9999 90 © BS ©© 09999 0 9 © © BR es 0 —— EES

  15. Slide 15: Q2/2023 result publication on August 9

    Q2/2023 result publication on August 9, 2023

  16. Slide 16: Suominen - Pure Nordic Quality

    Qa Suominen PURE NORDIC QUALITY

Suominen — Q1 2023 Earnings Presentation on 6ix