Slide 1: Creating Sustainable Growth FY 2024
CREATING SUSTAINABLE GROWTH FY 2024
Slide 2: Contents
Contents Viohalco 3. Aluminium 7. Copper 17. Cables 27. Steel pipes 31. Steel 37. Real estate 46. Technology and R&D 50. Financial results 55.
Slide 3: Viohalco / At a glance
Viohalco / At a glance Diversified metals processing leader with sales across the globe, providing a wide range of high-quality innovative products and solutions tailored to international customers’ needs Holding company of leading metal processing 6 industrial Products distributed in 95 countries c
Slide 4: Segments / Companies' structure
Segments / Companies' structure Operating through distinct business segments, Viohalco companies provide high-quality, innovative and sustainable products & solutions to a diverse range of industries Copper & Copper alloys Energy transmission cables Steel pipes Cables Aluminium Flat products - Rolli
Slide 5: A snapshot of our products across all markets
A snapshot of our products / Across all markets Aluminium Copper Cables Steel pipes Steel • Sheets and coils for beverages • Tubes and strips for heat • Cables for energy • High depth offshore • Long and flat steel products and food cans, foil for food exchangers and heat pumps transmission & renewa
Slide 6: Leveraging the megatrends
Leveraging the megatrends / Across all segments, the Viohalco companies offer products and solutions that closely align with global sustainability megatrends Circular Transition Urbanization Technological economy to net zero advancements Aluminium Aluminium Aluminium Cables Replacement of plastic pa
Slide 7: Aluminium Segment
AL YSYMETAL a ere | Gestampy
Slide 8: Aluminium / At a glance
Aluminium / At a glance The aluminium segment companies manufacture a variety of aluminium rolling and extrusion products for a wide range of markets and applications Revenue 2024 State of the art Leading position 9 manufacturing Technologically advanced More than manufacturing in Europe in plants a
Slide 9: Aluminium / Manufacturing sites
Aluminium / Manufacturing sites F la t p r o d u c t s - Ro llin g Co a t e d p r o d u c t s & Co m p o s it e p a n e ls Greece - Oinofyta Greece - St. Thomas A complete range of products and solutions in coated aluminium for building envelope: Etalbond ¨ Aluminium Composite Panel for façade and d
Slide 10: Aluminium / Markets and products
Aluminium / Markets and products Packaging Transportation Building and construction HVAC&R Sheets and coils for beverages and food Aluminium shates and plates for marine Coated aluminium products used in Aluminium brazing strips and foils cans, closures, flexible packaging for food, applications, tr
Slide 11: Aluminium / Leveraging the megatrends
Aluminium / Leveraging the megatrends Circular Transition Urbanization Technological economy to net zero advancements Low carbon and Plastic Power Sustainable Energy Smart Electrification E-mobility efficiency Digitalization recyclable products replacement storage buildings in buildings buildings •
Slide 12: Aluminium / Company (Elval)
Aluminium / Company Leading European supplier of tailored, cutting-edge, flat-rolled aluminium solutions www.elval.com info@elval.com Rolling expertise • The 2nd largest aluminium rolling plant in Europe, in hot rolling capacity. • 50 years of aluminium rolling and recycling expertise. • State-of-th
Slide 13: Aluminium / Company (Symetal)
Aluminium / Company Sustainable and customised, premium quality and high value-added aluminium foil products and solutions ALUMINIUM SEGMENT OF www.symetal.gr info@symetal.gr • Flexible packaging for food, pharma and tobacco • Over 40 years of experience and expertise in the • Semi-rigid food contai
Slide 14: Aluminium / Company (Elval Colour)
Aluminium / Company Enhancing aesthetics, ensuring durability, and innovating building envelopes ALUMINIUM SEGMENT OF www.elval-colour.com ecs@elval-colour.com Vertically integrated aluminium • Leading European manufacturer, specializing in pre- composite panel producer painted aluminium products an
Slide 15: Aluminium / Company (Bridgnorth Aluminium)
Aluminium / Company A trusted supplier of aluminium flat rolled products ALUMINIUM SEGMENT OF www.bridgnorthaluminium.co.uk ALUMINIUM LIMITED sales@bridgnorthaluminium.co.uk • Fully integrated producer of flat rolled aluminium coils with all stages of production on one site - the only facility of it
Slide 16: Aluminium / Company (Etem Gestamp)
Aluminium / Company 20 years of leading experience in the automotive market for customized, state of the art, aluminium machining products. ALUMINIUM SEGMENT OF www.etemgestamp.com info@etemgestamp.com Aluminium extruded products for diverse industrial applications • Over two decades in the automoti
Slide 17: Copper Segment
02 01 Copper Copper Segment Segment 18
Slide 18: Copper / At a glance
Copper / At a glance The copper segment companies manufacture a variety of copper and copper alloy products for a wide range of markets and applications. ElvalHalcor is the Νο.1 copper tubes producer in EMEA (by volume)* State of the art Sales in more 8 manufacturing Technologically advanced More th
Slide 19: Copper / Manufacturing sites
Copper / Manufacturing sites C o p p e r & c o p p e r a llo y p r o d u c t s Greece - Oinofyta Copper tubes plant Copper tubes with or without plastic coating or industrial insulation Tn Capacity: 80,000Tn/year C o p p e r & c o p p e r a llo y C o in b la n k s , c ir c le s , c a s e s s e m i f
Slide 20: Copper / Markets and products
Copper / Markets and products HVAC&R market Industrial applications Renewable energy Transportation • Copper tubes for heat exchangers • Copper tubes for solar panel applications, • Copper tubes for solar panel applications, Copper and copper special alloy strips for • Ηeat pumps powered vehicles, H
Slide 21: Copper / Leveraging the megatrends
Copper / Leveraging the megatrends Circular Transition Urbanization Technological economy to net Zero advancements Low carbon and Plastic Electrification RES growth Sustainable Reduction of recyclable products replacement buildings plastic pollution Digitalization Replacement of heating oil by natur
Slide 22: Copper / Company (Halcor)
Copper / Company Leading supplier of top European HVAC&R manufacturers tubes with microgroove technology www.halcor.com info@halcor.com No1 copper tubes producer in EMEA (by volume)* • Νο.1 copper tubes producer in EMEA (by volume)* investing in sustainable products and innovations Sales in more tha
Slide 23: Copper / Company (Sofia Med)
Copper / Company Leading producer of rolled and extruded copper and copper alloy products www.sofiamed.com info@sofiamed.com Sales in Europe, • Leading producer of a wide range of rolled and extruded Middle East, Asia, Africa, copper and copper alloy products including sheets, strips, Central and No
Slide 24: ElvalHalcor: Beyond Metals, Shaping Tomorrow
www.elvalhalcor.com info@elvalhalcor.com Beyond Metals • Formed in December 2017 through the merger o f Elval and Halcor, ElvalHalcor is a leading global industrial manufacturer o f aluminium Shaping Tomorrow and copper products • Over 85 years of experience, operating across 15 industrial plants in
Slide 25: Cables Segment
03 01 Cables Copper Segment Segment 18
Slide 26: Cables / At a glance
Cables / At a glance Established provider of innovative cable products, solutions and services, with sales in more than 50 countries • Utilities a n d p o w e r grids Established provider 5 manufacturing World-class capabilities in Annual capacity Turnkey • C o n s t r u c t i on and of innovative c
Slide 27: Cables / Manufacturing sites
Cables / Manufacturing sites Co m p o u n d in g a n d R&D Oinofyta - Greece Su b m a r in e c a b le s Corinth - Greece Oinofyta plant PVC, LSF and rubber compounds Lo w v o lt a g e p o w e r c a b le s , t e le c o m m u n ic a t io n Copper and aluminium rods, LV power a n d fib r e o p t ic c a
Slide 28: Cables / Markets and products
Cables / Markets and products Energy transmission, distribution and renewables • Power cables: LV, MV, HV and EHV • Submarine and land • XLPE, EPR insulated • Composite power and FO • Turnkey solutions and capabilities Telecom and data transmission • Telecom network cables • Optical fibre cables • S
Slide 29: Cables / Leveraging the megatrends
Cables / Leveraging the megatrends Circular Transition Technological economy to net zero advancements Low carbon and recyclable products Electrification EVs RES growth Digitalization Products with increased recycled content Interconnected power grid Smart grid • Use of secondary raw materials in • S
Slide 30: Cables / Company (Hellenic Cables)
Cables / Company Α complete range of turnkey solutions and services, tailored tο customer demands www.hellenic-cables.com info@hellenic-cables.com • Constitutes the cables segment o f Cenergy Holdings S.A., the holding company listed on bo t h the Euronext Brussels and the Athens Stock Exchange Sale
Slide 31: Steel pipes Segment
04 01 Steel pipes Copper Segment Segment 18
Slide 32: Steel pipes / At a glance
Steel pipes / At a glance Corinth Pipeworks is a leading global manufacturer of steel pipes for energy and construction sectors, with sales in over 55 countries More than World class pipe Long experience Energy transition State of the Well-equipped to 50 years' manufacturer with more than*: enabler
Slide 33: Steel pipes / Manufacturing site, markets and products
Steel pipes / Manufacturing site, markets and products Gas and liquid fuels, Hydrogen and CO2 pipelines Onshore: Offshore: ERW 8"-26" x 25,4mm ERW 8"-26" x 25,4mm HSAW 24"-100" x 25,4mm LSAW 16"-56" x 40,0mm LSAW 16"-56" x 40,0mm OCTG (drilling Construction and extraction) ERW 8"-26" x 25,4mm ERW 8"
Slide 34: Steel pipes / Leveraging the megatrends
Steel pipes / Leveraging the megatrends Circular Transition Technological economy to net zero advancements Circular economy CCS Green hydrogen Digitalization Operational excellence • Utilising secondary materials • Strong product portfolio enabling the • Implementation of integrated in concrete coat
Slide 35: Steel pipes / Company (Corinth Pipeworks)
Steel pipes / Company A leading manufacturer of steel pipes and hollow sections for the energy and construction sectors www.cpw.gr info@cpw.gr Port facilities' exclusive use • With over 5 0 years o f experience, collaborates with major energy companies globally on demanding projects Unique productio
Slide 36: Cenergy Holdings: Be part of the energy world
www.cenergyholdings.com ir@cenergyholdings.com Be part of the energy world • Invests in industrial companies at the forefront Electricity of high growth sectors, such as energy transportation, telecommunications and Gas & Liquid fuels construction • Provide turnkey solutions and services t o a large
Slide 37: Steel Segment
05 01 Steel Copper Segment Segment 18
Slide 38: Steel / At a glance
Steel / At a glance With sales in more than 50 countries, the steel segment companies offer a broad range of value-adding products and solutions for building and construction (including buildings, roadworks, metro stations, bridges, shopping malls and hydroelectric dam projects), mechanical engineer
Slide 39: Steel / Manufacturing sites
Steel / Μanufacturing sites S t e e l m e lt in g , s t e e l p r o d u c t s S t e e l m e lt in g , s t e e l p r o d u c t s Thessaloniki - Greece Almyros - Greece SD concrete reinforcing steel, SD rebars cut-to-length, SD spooled coils, SD wire mesh, SD stirrup reinforcing mesh, Sidefit special
Slide 40: Steel / Markets and products
Steel / Markets and products Building Transportation, automotive and construction and shipbuilding SD integrated concrete reinforcing system (concrete reinforcing Quarto plates, special bar quality steels (SBQs), steel, bars and coils, cut-to-length rebar, spooled coil, mesh, stirrup wire and weldin
Slide 41: Steel / Leveraging the megatrends
Steel / Leveraging the megatrends Circular Urbanisation Technological economy advancements Low carbon and Products with high Operational recyclable products recycled content Sustainable buildings Digitalization Industry 4.0 excellence • By-products and wastes recycling as Concrete reinforcing steel
Slide 42: Steel / Company (Sidenor Thessaloniki)
Steel / Company Outstanding quality, excellent customer service www.sidenor.gr info@sidenor.gr • Leading producer of long steel products in Southeast Europe delivering products t o various European and MENA countries Wire rod in standard • Thessaloniki plant produces steel from recycled scrap and op
Slide 43: Steel / Company (Sidenor Almyros)
Steel / Company A complete range of products and solutions for building and construction sectors www.sidenor.gr info@sidenor.gr • One of the leading producer of long reinforcing steel products in Southeast Europe State of the • Almyros plant in Central Greece produces steel from art facilities recyc
Slide 44: Steel / Company (Stomana Industry)
Steel / Company Major supplier to the shipbuilding, automotive and industrial sectors www.stomana.bg info@stomana.bg • A Bulgarian-based leader in the circularised manufacturing o f flat and long steel products producing 100% o f ho t rolled plates from recycled Main markets: Europe, Balkans, US, ME
Slide 45: Steel / Company (Dojran Steel)
Steel / Company Leading producer of merchant bars in Southeast Europe www.dojransteel.mk info@dojransteel.com • Producer of long steel products via rolling process and other downstream products • Steel production exclusively from billets from Wide range of products, Merchant bars, recycled ferrous s
Slide 46: Real estate Division
06 01 Real estate Copper division Segment 18
Slide 47: Real estate / At a glance
Real estate / At a glance With a diversified portfolio that includes offices, shopping centers, retail parks, logistics, residential and hospitality assets, Noval property is one of the largest Greek REICs 61 properties (one through a joint venture with a real estate fund) Low leverage capital struc
Slide 48: Main income-producing properties and projects in progress
Main income-producing properties and projects in progress Real estate development and asset management expertise in office, retail, hospitality and logistics sectors IKEA Megastore, Kifissos Av. River West shopping centre Mare West retail park Wyndham Grand Athens 5* hotel ''The Orbit'' office campu
Slide 49: Real estate / Leveraging the megatrends
Real estate / Leveraging the megatrends Circular Transition Technological economy to net zero advancements Low carbon and Sustainable Operational recyclable products buildings Sustainable buildings Digitalization Industry 4.0 excellence • Properties with LEED certification • Conversion of former ind
Slide 50: Technology and R&D Segment
07 01 Technology Copper and R&D segment Segment 18
Slide 51: Technology and R&D / At a glance
Technology and R&D / At a glance Development of high value added products. Efficient solutions for the optimization of industrial and business processes. Viohalco's R&D work focuses on Continuous scientific research, combined with Through on-going research and industrial developing new, innovative a
Slide 52: Technology and R&D / Company (Elkeme)
Technology and R&D /Company Provides R&D services and technical solutions for new products, and optimizes existing products www.elkeme.gr and business and plant production processes info@elkeme.gr Focuses on applied industrial research and the technological development and analysis of four major met
Slide 53: Technology and R&D / Company (TEKA Systems)
Technology and R&D / Company Α leading business technology company in Greece and Southeast www.tekasystems.gr info@teka.vionet.gr Leading business technology company in Greece and Southeastern Europe with extensive experience of design - implementation and supporting large-scale SAP ERP, ServiceNow,
Slide 54: Technology and R&D / Company (Viohalco Engineering)
Technology and R&D / Company Viohalco Engineering S.A. – Engineering, Design & Installation www.viohalco-engineering.com info@viohalco-engineering.com • Specializes in highly demanding projects including design, engineering and construction for steel, aluminium, copper, Established in power and tele
Slide 55: Financial Results FY 2024
FINANCIAL RESULTS FY 2024 VIOHATC OG
Slide 56: Strong performance with significant increase in profitability
Strong performance with significant increase in profitability Financial Highlights R E V E N UE a- E BIT DA P R O FIT BE FO R E T AX (P BT ) N E T DE BT €6.6bn €604m €274m €1,513 (+5.2%) (+12.5%) (+199.6%) (-19.2%) F Y 2 3 R e v e n u e €6 . 3 b n F Y 2 3 a - E B I T D A €5 3 7 m F Y 2 3 P B T €9 1
Slide 57: Notable operational improvements across key segments
Notable operational improvements across key segments / Operational Highlights Aluminium Copper Cables Steel pipes Steel Real estate • Positive trends in sales • Improved profitability • Significant improvement • Continued strong year- • Subdued performance • Noval Property delivered and profitabilit
Slide 58: Financial Results: Consolidated FY 2024
Financial Results / Consolidated – FY 2024 Revenue (EUR million) 6,986 6,627 6,302 Viohalco's consolidated revenue amounted to EUR 6.6 billion up from 5,375 EUR 6.3 billion in 2023. 3,850 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 a-EBITDA (EUR million) 649 604 Consolidated adjusted EBITDA amounted to
Slide 59: Divisional Performance Overview FY 2024
Divisional Performance Overview – FY 2024 Metrics Industrial division Real estate division Viohalco 6,585 43 6,627 Revenue 6,264 38 6,302 570 23 593 EBITDA 411 25 436 583 21 604 a-EBITDA 519 18 537 429 17 446 EBIT 272 18 290 260 14 274 PBT 80 11 91 FY 2024 FY 2023 59
Slide 60: Financial Results: Industrial division FY 2024
Financial Results Industrial division – FY 2024 Revenue per segment (EUR million) 2024 Revenue per segment (EUR million) 2023 Revenue (EUR million) 6,585 6,264 Steel Steel Steel Steel Cables 1,014 m pipes 540 m 1,008 532 m m 580 m Aluminium Copper Cables Steel pipes Other Aluminium Copper Cables Alu
Slide 61: Financial Results - Industrial division: Operating performance
Financial Results - Industrial division Operating performance FY 2024 Operating performance: a-EBITDA (EUR million) Aluminium Copper Cables Steel pipes Steel Other @ €159m @ €110m @ €183m @ €94m @ €39m @ €-1m +6m| +4.1% +3m| +3.0% +31m|+20.4% +28m|+41.9% -3m| -8.0% -1m| -90.7% 583 28 -3 -1 31 6 3 51
Slide 62: Financial Results - Industrial division: CapEx and net debt
Financial Results - Industrial division CapEx and net debt Capital expenditure for the period amounted to EUR 398 million, mainly driven Net debt decreased to EUR 1,513 million, mainly due to working capital by capacity expansion, upgrades, and operational improvements across all efficiencies and th
Slide 63: Aluminium Segment
01 Aluminium Segment
Slide 64: Highlights: Aluminium segment at a glance
Highlights Aluminium segment at a glance • Aluminium segment grew to EUR 2,020 million in Revenue (EUR million) Operational Profitability (EUR million) FY24, up from EUR 1,887 million, driven by strong momentum in packaging sector solutions EBITDA a-EBITDA 2,313 271 2,020 • ElvalHalcor increased vol
Slide 65: Copper Segment
02 01 Copper Copper Segment Segment 18
Slide 66: Highlights: Copper segment at a glance
Highlights Copper segment at a glance • Copper segment revenue rose to EUR 1,749 Revenue (EUR million) Operational Profitability (EUR million) million in FY24, up from EUR 1,721 million in EBITDA a-EBITDA 2023, driven by higher LME copper prices 1,811 1,749 111 1,721 94 91 1,564 81 48 107 110 • Oper
Slide 67: Cables Segment
03 01 Cables Copper Segment Segment 18
Slide 68: Highlights: Cables segment at a glance
Highlights Cables segment at a glance • Revenue for the cables segment rose to EUR Revenue (EUR million) Operational Profitability (EUR million) 1,163 million in FY24 from 991 million, up EBITDA a-EBITDA 189 17.3% year-on-year, driven by robust project activity and high demand 1,163 140 991 183 107
Slide 69: Steel pipes Segment
04 01 Steel pipes Copper Segment Segment 18
Slide 70: Highlights: Steel pipes segment at a glance
Highlights Steel pipes segment at a glance • 2024 revenue in the steel pipes segment was slightly down at EUR 568 million from 580 million in FY 2023, nonetheless the division saw improved profitability with a- Revenue (EUR million) Operational Profitability (EUR million) EBITDA amounting to EUR 94
Slide 71: Steel Segment
05 01 Steel Copper Segment Segment 18
Slide 72: Highlights: Steel segment at a glance
Highlights Steel segment at a glance • European steel market’s negative trend Revenue (EUR million) Operational Profitability (EUR million) persisted, impacted by global excess capacity EBITDA a-EBITDA and aggressive low-cost imports. Revenue for 1,392 160 144 the steel segment amounted to EUR 1,008
Slide 73: Real estate Division
06 01 Real estate Copper division Segment 18
Slide 74: Highlights: Real estate at a glance
Highlights Real estate at a glance • Real estate division reported revenue of EUR 43 million, with a-EBITDA reaching EUR 21 million, with Noval Property, the key subsidiary, reporting earnings before tax of EUR 51 million Revenue (EUR million) Operational Profitability (EUR million) EBITDA a-EBITDA
Slide 75: Outlook
Outlook The aluminium segment is set to The cables and steel pipes segments Noval Property’s focus on benefit from rising demand for will gain momentum from developing new properties recyclable packaging, energy- electrification, renewable energy and upgrading existing assets efficient infrastructur
Slide 76: Financial Calendar
Financial Calendar Tuesday, Tuesday, Tuesday, June Wednesday, Thursday, June Thursday, Friday, April 15, 2025 May 27, 2025 24, 2025 June 25, 2025 26, 2025 September September 18, 2025 19, 2025 Publication of Ordinary Ex-Dividend Dividend Dividend H1 2025 H1 2025 the Annual General date of fiscal ben
Slide 77: Disclaimer
Disclaimer. The information contained in this corporate presentation (CP) has been prepared by Viohalco S.A. (the Company). It is based on Forward Looking Statements historical financial data and other information already publicly disclosed by the Company. It also includes information from other Cer
Slide 78: www.viohalco.com
VIOHALCO www.viohalco.com