Viohalco Sa/nv · ATHEX:VIO
Viohalco Sa/nv — H1 2024 Earnings Presentation
23 slides from Viohalco Sa/nv's earnings presentation, 2024
Slide 1: Creating Sustainable Growth - Financial Results H1'24
CREATING SUSTAINABLE GROWTH FINANCIAL RESULTS H1’24
Slide 2: Steadily strong performance in a challenging operating environment
Steadily strong performance in a challenging operating environment Optimisation of product mix and disciplined cost control Viohalco’s diversified Strong performance The profitability of the The aluminium segment The performance of the In the real estate division, business model, strategic from stee
Slide 3: Financial Results Consolidated
Financial Results Consolidated Revenue (EUR million) 3,597 3,364 3,253 Viohalco's consolidated revenue was affected by the sales mix among 2,489 1,875 segments, in an environment of ongoing demand weakness in the European manufacturing and construction sectors, amounting to EUR 3.3 billion (H1 2023:
Slide 4: Viohalco's divisions
Viohalco’s divisions Divisional Performance Metrics Industrial division Real estate division Viohalco 3,230 23 3,253 Revenue 3,347 17 3,364 260 11 271 EBITDA 213 12 225 263 9 273 a-EBITDA 260 9 269 190 8 198 EBIT 141 9 149 106 6 112 PBT 55 5 61 H1 2024 H1 2023 | 4
Slide 5: Financial Results Industrial division
Financial Results Industrial division Revenue per segment (EUR million) Revenue per segment (EUR million) Revenue (EUR million) Steel Cables 3,347 3,230 Steel Cables 540 m eel 532 m a les 540 m 532 m l i i Aluminium o Copper er Other Aluminium Copper Other Steeleel i es pipes Activities, Steel pipes
Slide 6: Industrial division operating performance
Financial Results Industrial division HY 2024 Operating performance: a-EBITDA (EUR million) Aluminium Copper Cables Steel pipes Steel Other @ 63€m @ 61€m @ 81€m @ 41€m @ 17€m @ -1€m -18 m| -20% +2m|+0.4% +23m|+39% +13m|+48% -18m| 51% +1.7m| 240% 13 18 263 260 2 23 18 2 H1 2023 Aluminium Copper Cable
Slide 7: Industrial division capex and net debt
Financial Results Industrial division Capital expenditure for the period amounted to EUR 191 million (H1 2023: EUR Net debt increased to EUR 1,810 million, mainly due to working capital 122 million), mainly due to investments in capacity expansion for the cables seasonality. segment (including plot
Slide 8: Aluminium segment
01 Aluminium segment
Slide 9: Highlights Aluminium segment
Highlights Aluminium segment at a glance • During H1 2024, geopolitical issues and trade conflicts Revenue (EUR million) continued to put pressure on demand and production costs. Operational Profitability (EUR million) 1,201 Elevated interest rates and the ongoing effect of higher EBITDA a-EBITDA co
Slide 10: Copper segment
02 Copper segment
Slide 11: Highlights Copper segment
Highlights Copper segment at a glance • In H1 2024 the copper segment managed to increase Revenue (EUR million) Operational Profitability (EUR million) operational profitability despite reduced industrial EBITDA a-EBITDA activity in Europe, especially in the construction 978 958 sector. 899 74 60 54
Slide 12: Cables segment
03 03 Cables segment at a glance Cables segment
Slide 13: Highlights Cables segment
Highlights Cables segment at a glance • Revenue for the cables segment increased 15.7% y-o-y Revenue (EUR million) Operational Profitability (EUR million) to EUR 532 million, with growth driven by the projects 532 EBITDA a-EBITDA business. 460 83 • Hellenic a les’ tendering activity continued 427 46
Slide 14: Steel pipes segment
Steel p ipes segment at a glance 04 Steel pipes segment
Slide 15: Highlights Steel pipes segment
Highlights Steel pipes segment at a glance • After a strong 2023, 2024 started with a robust backlog of Revenue (EUR million) Operational Profitability (EUR million) approximately EUR 650 million contributing to a profitable 305 EBITDA a-EBITDA first semester. 249 41 • Profitability increased 48% du
Slide 16: Steel segment
Steel 05 segment at a glance Steel segment
Slide 17: Highlights Steel segment
Highlights Steel segment at a glance • The steel segment was hit by the further slowdown in Revenue (EUR million) Operational Profitability (EUR million) Eu o ’s construction market (the main steel-using sector) EBITDA a-EBITDA during H1 2024. 744 125 72 573 540 26 • Demand for reinforcing steel rem
Slide 18: Real estate division
06 Real estate division at a glance
Slide 19: Highlights Real estate
Highlights Real estate at a glance • H1 2024 revenue for the real estate division amounted to Revenue (EUR million) Operational Profitability (EUR million) EUR 23 million (H1 2023: EUR 17 million). EBITDA a-EBITDA 23 12 11 • Noval Property reported strong operating results with a notable increase in
Slide 20: Outlook
Outlook The challenging macroeconomic However, our strategic initiatives to Viohalco co ani s’ w ll environment and adverse market improve competitive positioning, diversified portfolio and strong conditions look likely to continue operational efficiency and product alignment with major, long- in th
Slide 21: Financial Calendar
Financial Calendar Thursday, Tuesday, Tuesday, March 6, 2025 April 15, 2025 May 27, 2025 Financial results 2024 press Publication of the Annual Ordinary General Meeting release Financial Report 2024 2025 | 21
Slide 22: Disclaimer
Disclaimer. The information contained in this corporate presentation (CP) has been prepared by Viohalco S.A. (the Company). Forward Looking Statements It is based on historical financial data and other information already publicly disclosed by the Company. It also Certain statements in the CP are fo
Slide 23: www.viohalco.com
www.viohalco.com