Suominen Oyj · OMXHEX:SUY1V

Suominen Oyj — FY2021 Earnings Presentation

16 slides from Suominen Oyj's earnings presentation, Feb 3, 2022

  1. Slide 1: Suominen

    =. - a SUOMINEN Petri Helsky, Presidenitiand

  2. Slide 2: Agenda

    Agenda * Year 2021 in brief ¢ Financial review ° Progress in strategy * Outlook 2022 ° QEA February 3, 2022 wv Suominen

  3. Slide 3: Year 2021 in brief

    • Net sales were EUR 443.2 million (458.9) • Comparable EBITDA was EUR 47.0 million (60.9) • Cash flow from operations totaled to EUR 11.1 million (57.0) • Board of Directors proposes to the Annual General meeting a dividend of EUR 0.20 per share

  4. Slide 4: Financial review

    FINANCIAL REVIE

  5. Slide 5: Net sales development in 2021 and Q4

    • In 2021 sales volumes decreased while sales prices increased following higher raw material prices. Currencies impacted net sales negatively by EUR 11.1 million • In Q4 volumes recovered from Q3, and net sales increased by 4% from Q4/20 to EUR 115.6 million (111.1) • Share of new products continued

  6. Slide 6: Q4 and full year EBITDA

    • Q4 EBITDA was EUR 9.0 million (13.5) with full year EBITDA at EUR 47.0 million (60.9). Currency impact was EUR -0.5 million in the quarter and EUR -2.4 million for the full year • Quarterly and full year EBITDA decreased mainly due to lower sales volumes. The increases in raw material, freight and

  7. Slide 7: Consolidated statement of profit or loss

    Consolidated statement of profit or loss EUR thousai 12/2021 2/2021 2/2021 115,585 111,086 443,219 458,893 Co [el -107,170 -93,803 ~392,390 -389,123 8,415 17,283 50,828 69,770 2,030 553, 4,434 2,584 6,676 7,206 26,238 -27,946 -806 -636 -2,678 2,767 912 -1465 595, 2,150 Operating profit 3,874 8,530 2

  8. Slide 8: Cash flow from operations

    Cash flow from operations Cash flow from operations, EUR million Cash flow from operations, EUR million 25 20 15 r 10 57 0+ = Q4/19 I I Q3/20 Q4/20 Qi/21 apie ff Q4/2t 60 50 40 30 20 10 0 114 570. 32.1 29.9 285 L L L L 2016 2017 2018 2019 2020 2021 * Cash flow from operations for the full year was E

  9. Slide 9: Progress in strategy and sustainability

    PROGRESS IN STRAT SUSTAINABILITY EGY AN!

  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: Share of new products above 25% of net sales

    • • Share of new products • above 25% of net sales

  12. Slide 12: Outlook

    OUTLOOK

  13. Slide 13: Outlook 2022: comparable EBITDA to decrease

    Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2022 will decrease from 2021. The main reasons are inventory levels which still remain high at certain customers as well as operational issues in the entire supply chain due to the current

  14. Slide 14: Suominen

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  15. Slide 15: Q1/2022 result publication on May 4, 2022

    Q1/2022 result publication on May 4, 2022

  16. Slide 16: Suominen - Pure Nordic Quality

    Sa Suominen PURE NORDIC QUALITY

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