Sanok Rubber Company Sa · GPW:SNK
Sanok Rubber Company Sa — H1 2025 Earnings Presentation
21 slides from Sanok Rubber Company Sa's earnings presentation, 2025
Slide 1: Sanok Rubber Group Financial Results for the First Half of 2025
SANOK RUBBER GROUP FINANCIAL RESULTS FOR THE FIRST HALF OF 2025 MANAGEMENT COMMENT
Slide 2: Legal Disclaimers
LEGAL DISCLAIMERS This presentation was created by SANOK RUBBER COMPANY S.A. (hereinafter referred to as Sanok RC). All copyrights and related rights to the presentation belong exclusively to Sanok RC. It is prohibited to copy, distribute, modify, load, publish, display, record or use in any form an
Slide 3: Sanok Rubber Group as at 30.06.2025
SANOK RUBBER GROUP AS AT 30.06.2025 AUTOMOTIVE INDUSTRY CONSTRUCTION ▪ V-belts ▪ Body sealing systems ▪ Pharmaceutical products ▪ STL seals ▪ Anti-vibration systems ▪ Products for household appliances ▪ Self-adhesive seals ▪ Industrial hoses ▪ Facade fastening elements ▪ Molded products made of rubb
Slide 4: Sanok Rubber Group employment and income
SANOK RUBBER GROUP 1 446 PLN million 3 317 people EMPLOYMENT (average employment in FTEs per 31.12. 2024) INCOME (PLN million in 2024) 535 1 248 911 2 069 Other subsidiaries Sanok Rubber Company S.A. Other subsidiaries Sanok Rubber Company S.A. www.sanokrubber.pl 4
Slide 5: Sanok Rubber Group
SANOK RUBBER GROUP POLISH COMPANIES FOREIGN COMPANIES Stomet Sp. z o.o. Colmant Cuvelier RPS S.A.S. Sanok 100% Villers-la-Montagne, Francja 100% Stomil Sanok Dystrybucja Sp. z o.o. Draftex Automotive GmbH Kostrzyn 100% Grefrath, Niemcy 100% Stomil Sanok Dystrybucja SMX RUBBER COMPANY SA de CV Oddzia
Slide 6: Financial Results 1H 2021 - 2025
FINANCIAL RESULTS 1H 2021 - 2025 Sanok Rubber Group 2021 2022 2023 2024 2025 restated Net sales [thousand PLN] 604 170 691 183 757 174 737 467 746 809 EBITDA [thousand PLN] 71 122 74 750 83 839 71 081 71 762 EBITDA margin[%] 11,8% 10,8% 11,1% 9,6% 9,6% EBIT [thousand PLN] 39 841 43 956 52 068 35 952
Slide 7: Financial Results Q2 2021 - 2025
FINANCIAL RESULTS Q2 2021 - 2025 2021 2022 2023 2024 2025 Sanok Rubber Group restated Net sales [thousand PLN] 301 091 371 052 371 048 393 683 389 403 EBITDA [thousand PLN] 33 925 52 461 49 090 40 437 43 044 EBITDA margin[%] 11,3% 14,1% 13,2% 10,3% 11,1% EBIT [thousand PLN] 18 243 37 094 33 071 20 7
Slide 8: Consolidated Sales 1H 2021 - 2025
CONSOLIDATED SALES 1H 2021 - 2025 Segments 2021 2022 2023 2024 2025 Sprzedaż netto [tys. PLN] AUTOMOTIVE 359 577 394 472 453 703 386 306 340 499 0 EBITDA [tys. PLN] CONSTRUCTION Marża EBITDA 64[%] 521 81 387 92 479 93 347 90 754 INDUSTRY 108PLN] 979 121 466 112 498 170 160 232 673 Zysk netto [tys. R
Slide 9: Financial Results 1H 2024 - 2025
FINANCIAL RESULTS 1H 2024 - 2025 Sanok Rubber Group positive negative 150,0 140,0 1,9 0,9 130,0 5,9 0,6 14,4 120,0 110,0 100,0 90,0 80,0 135,8 70,0 60,0 127,0 50,0 40,0 30,0 20,0 10,0 0,0 Segment results 1H Automotive Construction Industry Compounds Other Segment results 1H 2024 2025 www.sanokrubber
Slide 10: Consolidated Sales 1H 2025
CONSOLIDATED SALES 1H 2025 Sanok Rubber Group 1H 2025 1H 2024 746,8 mln PLN 737,5 mln PLN 12,2% 8,8% 12,7% 8,4% 45,6% 52,4% 31,2% 23,1% AUTOMOTIVE CONSTRUCTION COMPOUNDS INDUSTRY AND AGRICULTURE OTHER www.sanokrubber.pl 10
Slide 11: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET ASSETS 30.06.2025 Structure'25 30.06.2024 Structure'24 Growth rate % Fixed assets 637 002 49,5% 627 894 49,5% 101,5% Currents assets 649 670 50,5% 640 165 50,5% 101,5% Including: Stocks 272 163 21,2% 283 673 22,4% 95,9% Receivables 256 198 19,9% 286 531 22,6% 89,4% Financi
Slide 12: Consolidated Cash Flow
CONSOLIDATED CASH FLOW [million PLN] NET CHANGE IN CASH AND CASH OPERATING ACTIVITIES INVESTING ACTIVITIES FINANCING ACTIVITIES EQUIVALENTS 102,3 65,5 62,3 42,1 14,4 - 17,3 - 74,6 - 218,9 1Q 2025 1Q 2024 www.sanokrubber.pl 12
Slide 13: Financial Results Sanok RC SA
FINANCIAL RESULTS SANOK RC SA 1H Q2 2025 2024 % 2025 2024 % Net Sales [PLN thousand] 438 789 489 131 89,7 93,9 220 254 234 536 EBITDA [thousand PLN] 51 028 58 642 87,0 81,2 25 589 31 523 [%] 11,6 12,0 11,6 13,4 EBIT [thousand PLN] 23 142 33 135 69,8 60,1 11 245 18 722 5,3 6,8 5,1 8,0 [%] 58,3 85,2 N
Slide 14: Operating Indicators
OPERATING INDICATORS Liquidity Inventory Rotation 2,5 2,37 2,38 2,30 2,28 2,21 2,13 2,14 90 2,05 84 2,03 1,90 1,95 1,95 2 1,87 77 1,72 1,74 80 1,71 74 1,64 1,60 72 1,56 69 1,45 1,45 1,48 1,45 68 68 66 67 66 67 1,5 1,33 1,38 1,39 70 65 65 66 64 65 66 65 66 65 1,26 1,26 1,24 1,22 1,29 1,32 1,29 1,25 1
Slide 15: Net Debt / EBITDA Ratio
NET DEBT / EBITDA RATIO Sanok RC SA Sanok Rubber Group 2,5 netdebt/EBITDA 3,0 1,9 2,0 2,5 2,4 1,7 2,1 1,5 1,5 1,4 2,0 1,9 1,9 1,5 1,0 1,0 0,5 0,5 0,0 0,0 3Q2024 4Q2024 1Q2025 2Q2025 3Q2024 4Q2024 1Q2025 2Q2025 www.sanokrubber.pl 15
Slide 16: Macroeconomic Environment
MACROECONOMIC ENVIRONMENT www.sanokrubber.pl 16
Slide 17: Currency Exchange EUR/PLN
CURRENCY EXCHANGE EUR/PLN www.sanokrubber.pl 17
Slide 18: Raw Materials Trends
RAW MATERIALS TRENDS 4Q 2025 3Q 2025 Polymers EPDM NR CR SBR 4Q 2025 3Q 2025 Carbon blacks SEMI ACTIVE ACTIVE INACTIVE SPHERONY 4Q 2025 3Q 2025 Plasticizers PARAFFINING OILS NAFTHENIC OILS SYNTHETIC OILS 4Q 2025 3Q 2025 Other CURING AGENTS ACCELERATORS ANTIOXIDANTS METAL OXIDES WAXES PRODUCTION SEGM
Slide 19: Further Directions of Group Development
FURTHER DIRECTIONS OF GROUP DEVELOPMENT www.sanokrubber.pl 19
Slide 20: Strategic Objectives and Ambitions
STRATEGIC OBJECTIVES AND AMBITIONS Vision Sanok Rubber Company is a diversified Group of innovative and highly efficient business units, offering customers system solutions INCREASE IN BUSINESS EFFICIENCY INCREASE IN SCALE AND RESULTS SUSTAINABLE DIVERSIFICATION FINANCIAL Focus on segments with high
Slide 21: Thank you
_ SANOK RUBBER “— * Thank you