Flugger Group A/s Class B · OMXCOP:FLUG_B

Flugger Group A/s Class B — H1 2024/25 Earnings Presentation

14 slides from Flugger Group A/s Class B's earnings presentation, December 2024

  1. Slide 1: Flügger Group Investor presentation H1 2024/25

    Flügger Group Investor presentation H1 2024/25

  2. Slide 2: Flügger at a glance

    Investor presentation | H1 2024/25 Flügger at a glance Selected 2024/25 numbers Flügger’s business model Revenue bnDKK (guidance) EBIT mDKK (guidance) Production Sales channels Customers Own stores 2.2 - 2.4 85 - 95 Franchise stores BtB E-commerce R&D BtC Full-time employees Markets DIY/BM chains et

  3. Slide 3: Revenue and earnings as expected with revenue growth of +4% and EBIT improvement of 33%

    Investor presentation | H1 2024/25 Revenue and earnings as expected with revenue growth of +4% and EBIT improvement of 33% H1 2024/25 Flügger Group (May - October 2024), mDKK Revenue Gross margin% EBIT +4% 2.6pp 1.243 54.9% +33% 140 1.200 52.3% 106 2023/24 2024/25 2023/24 2024/25 2023/24 2024/25 Gro

  4. Slide 4: Growth momentum in International and sustained position in Nordics

    Investor presentation | H1 2024/25 Growth momentum in International and sustained position in Nordics H1 2024/25 sales by segment (May - October 2024), mDKK Nordic International Partnerships 0% -2% +19% 815 817 264 164 162 12 Other 13 221 Other 76 397 394 63 51 67 288 289 188 154 89 98 130 134 2023/

  5. Slide 5: EBIT growth and margin improvement driven by Nordic and International

    Investor presentation | H1 2024/25 EBIT growth and margin improvement driven by Nordic and International H1 2024/25 EBIT by segment (May - October 2024), mDKK Nordic International Partnerships Other countries mDKK H1 24/25 YoY mDKK H1 24/25 YoY mDKK H1 24/25 YoY Revenue 817 +0% Revenue 264 +19% Reve

  6. Slide 6: Blue buckets launched across portfolio and well received

    Investor presentation | H1 2024/25 Blue buckets launched across portfolio and well received QR-code makes product documentation easily accessible New icons give quick and easy overview of technical features Made of 50% recycled plastic, and less CO2 footprint Goal of >90% of buckets with minimum 50%

  7. Slide 7: Commercial footprint progress according to strategy

    Investor presentation | H1 2024/25 Commercial footprint progress according to strategy Nordic – professionalized International – expansion PP Professional Paint merged 4 new stores in into Flügger new cities in store for Nowy Targ, Poland Lubin,Poland Poland rationalized prof x 17 stores to be exper

  8. Slide 8: Revenue increased +4% organic growth in H1 24/25

    Investor presentation | H1 2024/25 Revenue increased +4% organic growth in H1 24/25 Revenue development (mDKK) Revenue effects YTD October (mDKK) Revenue Revenue Revenue, LTM Revenue, LTM 3% 1% 4% 700 2.400 1.243 650 11 2.100 600 32 1.200 550 1.800 500 1.500 450 400 1.200 350 300 900 Q2 Q2 Q2 Q2 YTD

  9. Slide 9: EBIT improvement driven by a stabilization of costs in combination with cost reductions and price increases

    Investor presentation | H1 2024/25 EBIT improvement driven by a stabilization of costs in combination with cost reductions and price increases EBIT development (mDKK) EBIT effects YTD October (mDKK) EBIT EBIT EBIT, LTM EBIT LTM 200 250 6 200 22 150 150 1 100 7 140 100 71 50 50 0 -50 0 106 -100 -150

  10. Slide 10: Focus on working capital management and lower investments drove reductions compared to LY

    Investor presentation | H1 2024/25 Focus on working capital management and lower investments drove reductions compared to LY Net working capital (mDKK) Financial solidity2 (mDKK) WC Working Capital Working Capital Ratio 1 Ratio% NIBD NIBD NIBD / EBITDA NIBD/EBITDA 600 20% 500 10x 18% 450 8x 500 16%

  11. Slide 11: 2024/25 Outlook & updated financial guidance

    Investor presentation | H1 2024/25 2024/25 Outlook & updated financial guidance 2024/25 Outlook and priorities Financial guidance 2024/25 ▪ The outlook for the future is cautiously optimistic with expectations of continued positive effects from the new strategy, and benefits of more normalized margi

  12. Slide 12: Improved earnings drives development in price/earnings ratio

    Investor presentation | H1 2024/25 Improved earnings drives development in price/earnings ratio Price/earnings development Share price development incl. reinvested dividends Accumulated dividend Stock price, ultimo Dividend/share proposed P/E, LTM Incl. discontinued Incl. discontinued operations ope

  13. Slide 13: Share price development

    Investor presentation | H1 2024/25 Share price development Flügger’s share price development Flügger’s relative share price development (indexed) Share price Share price (DKK) Volume (# of shares) Price indexed Flügger Akzo Nobel 800 DKK 5 mio.kr. share buyback 280 PPG announced 13 August Sherwin Wi

  14. Slide 14: Please contact IR@flugger.com for any further questions or visit flugger.com/investor

    Please contact IR@flugger.com for any further questions or visit flugger.com/investor

Flügger Group — H1 2024/25 Earnings Presentation on 6ix