Suominen Oyj · OMXHEX:SUY1V

Suominen Oyj — Q3 2023 Earnings Presentation

16 slides from Suominen Oyj's earnings presentation, Oct 27, 2023

  1. Slide 1: Q3 2023 results, October 27, 2023

    Octotiet 2y, 2023 a | by

  2. Slide 2: Agenda

    Agenda Third quarter and Q1-Q3/2023 in brief Financial review Progress in strategy Outlook 2023 QsA October 27, 2023

  3. Slide 3: Third quarter and Q1-Q3/2023 in brief

    Third quarter and Q1-Q3/2023 in brief Q3/2023 * Net sales were EUR 1064 million (131.9) * Comparable EBITDA was EUR 5.2 million (5.1) * Cash flow from operations totaled to EUR 8.0 million (-10.8) Q1-Q3/23 * Net sales were EUR 335.9 million (360.2) * Comparable EBITDA was EUR 10.5 million (10.3) * C

  4. Slide 4: Financial review

    FINANCIAL REVI

  5. Slide 5: Net sales

    Net sales Net sales, EUR million Net sales, EUR million 600 140 434.9 133.1 493.3 115.6 118.0 116.8 445 500 458.9 44 120 110- 106.4 4311 44 987 400 335.9 100 300 80 + 200 60 + 100 40 - ° 20 D S) Oo y iv ie) T Y Sy’ Vv Vv Vv Vv ° aa os e ne 6 3 J fo Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/

  6. Slide 6: Comparable EBITDA

    Comparable EBITDA Comparable EBITDA, EUR million Comparable EBITDA, EUR million 70 609 10 60 - 50 47.0 ili. Hil & Q3/21 Q4/21 Qt/22 I Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Bow ooo 8 > | oy mi: = S a OrRPRNWA UYNDAN WO * Comparable EBITDA improved slightly to EUR 5.2 million being at the highest level since

  7. Slide 7: Consolidated statement of profit or loss

    Consolidated statement of profit or loss EUR th 2023 7-9/2022 2023 1-9/2022 1-12/2022 106.447 131.937 335913 360.225 493,298 Cost of goods sold 100,087 -126,723 -321,631 ~343,446 -474,718 6,360 5214| 14,282 16,780 18579 2,537 3,007 4,276 4,103 5,739 Sales, marketing and administration expenses ~6,87

  8. Slide 8: Cash flow from operations

    Cash flow from operations Cash flow from operations, EUR million Cash flow from operations, EUR million 57.0. 20 60 15.6 50 15 TL9 40 32.1 29.9 10 " 30 5 64 17.6 _ 20 tt 14.0 5 |_| | | ° a " 0 a . 2 SP KF KF SK 10 5 —— 4 : ces -10.8 fo 15 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 * Cash

  9. Slide 9: Progress in strategy

    PROGR! EOS IN STRAT] EGY

  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: Progress in strategy

    Progress in strategy Improving our financial performance * Our commercial and operational excellence improvements are proceeding according to plan and have gradually started to contribute to the result * Production at Mozzate ended in April 2023 * Going forward, we will continue to systematically ex

  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. October 27, 2023 & Suominen

  14. Slide 14: Q&A

    Q&A

  15. Slide 15: Slide 15

  16. Slide 16: Suominen - Pure Nordic Quality

    Sa Suominen PURE NORDIC QUALITY

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