Slide 1: Q1/2024 results
Q1/2024 results Investors and analysts call May 9, 2024
Slide 2: TeraPlast Group structure in 2024
TeraPlast Group structure in 2024 Installation Compounds 1.114 Transaction closed in Employees at group level* January, consolidated in the Rigid PVC recycling Q1/2024 results 196.000 to Total production capacity of the Group** Flexible packaging Transaction closed on March PVC and Aluminum windows
Slide 3: Key information for Q1/2024
Key information for Q1/2024 General environment Segment evolution • Construction works decreased overall by • We remain the market leader in installations in 11.8% in the first 2 months of 2024 Romania and are the first-choice in projects compared to Jan-Feb 2023, according to led by industry leader
Slide 4: Sales outside Romania
Sales outside Romania Our products reach 22 countries Group’s exports increased by 32%, from RON 23,2 million to RON 30,7 million. TeraPlast Group sales Q1/2024 External markets 17% Romania 83%
Slide 5: Substantial growth in turnover and EBITDA
Substantial growth in turnover and EBITDA TURNOVER VOLUMES 176.8 MLN. LEI 23,355 TONS ➢ Turnover increased by 20% compared to Q1/2023 and exceeded the budget by 19%. +20% vs Q1/’23 (147.2 mln. LEI) +50% vs Q1/’23 (15,566 tons) ➢ EBITDA grew by 32% compared to Q1/2023. ➢ Quantitative sales were 50% h
Slide 6: 20% increase in turnover Q1 2024 vs Q1 2023
20% increase in turnover Q1 2024 vs Q1 2023 ➢ Price deflation in 2024 with 13% compared to 2023 is due to the decrease in raw material prices and in the cost of production, which have been amounts in mil RON transferred to the market. ➢ Installations and also recycled PVC volumes increased by almost
Slide 7: Q1 2024 Budget vs Results
Q1 2024 Budget vs Results ➢ Due to additional volumes of installations and stretch film, turnover is 20% above budget and Q1/2023. ➢ Gross margin decreased as a percentage (36% in Q1/'24 vs. 38% in Q1/'23) as part of the strategy to increase market share. ➢ Salaries and employee benefits has increas
Slide 8: Financial performance
Financial performance ➢ Public infrastructure works in the execution phase accelerated in the first part of this year and TeraPlast remains the first choice for these projects. ➢ It is essential that the allocation of funds for infrastructure works continues in the second half of the year, after the
Slide 9: Financial performance
Financial performance In Q1/2024, the TeraPlast Group recorded The significant Compounds sales We have reduced sales The segment has impressive growth, with an EBITDA margin of 6.7% increase in volumes on were stable with an by focusing on the doubled turnover, and a 20% increase in turnover, thanks
Slide 10: Financial performance
Financial performance Q1 2024| Balance-sheet summary Key aspects ➢ We completed the acquisition of the Freiler Group at the end of March, paying the full price of EUR 16.5 million. We are consolidating the results from April, with the holding included in Other non-current assets at 31-Mar- 24. ➢ Deb
Slide 11: Financial performance
Financial performance Q1 2024| Cash-flow summary Bridge 31 March 2024 ➢ Out of the CapEx of 54 million lei planned for this year, we paid 17 million lei, mainly for the last components of the second stretch film line and the improvement of TeraPlast production capacities. Significant investments to
Slide 12: Thank you!
WN TeraPlast & Thank you! erty ii |