Grupa Forte Spolka S.a. · GPW:FTE

Grupa Forte Spolka — Grupa Forte — Q4 2018 Earnings Presentation

13 slides from Grupa Forte Spolka's earnings presentation, Apr 5, 2019

  1. Slide 1: Consolidated Financial Results for Q4 2018

    CONSOLIDATED FINANCIAL RESULTS FOR Q4 2018 WARSAW, 5 APRIL 2019

  2. Slide 2: Financial Results in Q1-Q4 2018

    1 FINANCIAL RESULTS IN Q1-Q4 2018 im 3,375.5 THousAND PLN1,107.3m =. 0.6% 3.1% We sou THOUSAND TURNOVER PLN M EBITDA MARGIN NET PROFITABILITY ITEMS OF FURNITURE

  3. Slide 3: Sales Revenue in Q1-Q4 2018

    SALES REVENUE IN Q1-Q4 2018 ‘000 PLN +14% +1% +1% + 16% + 23% +19% 560,531 ; 822,41 954,275) /1,090,294| |1,096,230 |1,107,298 2012 2013 2014 2015 2016 2017 2018 = Sales revenue *including sales of raw board by TANNE in 2018 29,424

  4. Slide 4: Geographical Structure of Forte's Sales in Q1-Q4 2018

    GEOGRAPHICAL STRUCTURE OF | FORTE’S SALES IN Q1-Q4 2018 | 19.80% WESTERN AND NORTHERN EUROPE ~~ 18.10% POLAND 12.00% CENTRAL AND SOUTHERN EUROPE 49.70% GERMAN-SPEAKING 0.40% COUNTRIES (DACH) NON-EUROPEAN COUNTRIES

  5. Slide 5: Sales of Furniture in PLNm

    SALES OF FURNITURE IN PLNm 310,0 -0.1% -2.8% 290,0 270,0 -6.3% 2.2% 250,0 230,0 210,0 190,0 170,0 150,0 Qi Q2 Q3 a4 m2017 ™2018

  6. Slide 6: Net Profit in Q1-Q4 2018

    NET PROFIT IN Q1-Q4 2018 ‘000 PLN + 31% +12% + 30% -30% + 65% -58% 2012 2013 2014 2015 2016 2017 2018 Net profit

  7. Slide 7: Raw-Chipboard Production – Plant TANNE

    RAW-CHIPBOARD PRODUCTION — PLANT, “TANNE” } RAW CHIPBOARD OUTPUT BY MONTH 70,000 1,400 60,000 1,200 = 50,000 1,000 2 > = 40,000 800 8 & ~ 30,000 so | OE 20,000 400 10,000 | | 200 0 0 ss??? os”? os?” RS SD MM MN HL NM LM mmm Prodm-c —=$r.dzwm-c

  8. Slide 8: Financial Ratios: Q4 2018

    FINANCIAL RATIOS: Q4 2018 ] PLN‘000 Q42016 Q42017 Q42017 Q42018 Q42018 nore: vs Q42016 vs Q42017 Sales revenue 304,820 292,226 4.1% 297,460 1.8% Gross margin on sales 124,678 101,798 -18.4% 97,739 -4.0% Gross margin 40.9% 34.8% 6.1% 32.9% 2.0% Selling expenses 65,323 65,712 0.6% 64,365 -2.0% As % of

  9. Slide 9: Financial Data: Q1-Q4 2018

    FINANCIAL DATA: Q1-Q4 2018 ud PLN‘000 Q1-Q4 2016 Q1-Q4 2017 Q1-Q4 2017 Q1-Q4 2018 Q1-Q4 2018 vs Q1-Q4 2016 vs Q1-Q4 2017 Sales revenue 1,090,294 1,096,230 0.5% 1,107,298 1.0% Gross margin on sales 426,856 396,835 -7.0% 370,506 6.6% Gross margin 39.2% 36.2% 3.0% 33.5% 2.7% Selling expenses 225,684 23

  10. Slide 10: Financial Ratios

    FINANCIAL RATIOS Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Net financial debt /EBITDA 4.02 5.44 5.62 5.53 5.27 Return on equity (ROE) 12% 1% 1% 4% 6%

  11. Slide 11: Forte - Investments in Fixed Assets in 2018

    FORTE - INVESTMENTS IN FIXED ASSETS IN 2018 1 PLN 39,1 MLN PLN 154,3 MLN EXPENDITURE ON EXPANDING TANNE INVESTMENT PROJECT FORTE’S PRODUCTION IN THE SUWALKI SPECIAL CAPACITY ECONOMIC ZONE

  12. Slide 12: Investment Project - On-site Kindergarten in Suwalki

    INVESTMENT PROJECT - ON-SITE KINDERGARTEN IN SUWALKI

  13. Slide 13: Thank You for Your Attention

    ® E THANK YOU FOR YOUR ATTENTION

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