Slide 1: Aquafil Group Financial Results Full Year and IV Quarter 2018
Aquafil Group Financial Results Full Year and IV Quarter 2018 14th March 2019 1
Slide 2: Disclaimer
Disclaimer This document has been prepared by Aquafil S.p.A. (“Aquafil” or “Company”) solely to introduce the Company and its business. Neither this presentation nor any part or copy of it may be transmitted into the United States or distributed, directly or indirectly, in the United States, Austral
Slide 3: Index
AQUAFIL JIN synthetic fibres and polymers
Slide 4: Index
Index 1. Full Year and IV Quarter 2018 Highlights 5 2. Key Performance Indicators 7 2a. Focus on Sales 10 3. Aquafil Group at Glance 14 4. Full Year and IV Quarter 2018 Financial Statement 19 4
Slide 5: 1. Full Year and IV Quarter 2018 Highlights
1. Full Year and IV Quarter 2018 Highlights 5
Slide 6: Highlights
Highlights REVENUES EBITDA NET RESULT N.F.P. (€/mil) (€/mil) (€/mil) (€/mil) FY18 Q4 FY18 Q4 FY18 Q4 Act18 555,2 124,4 Act18 77,9 17,0 Act18 30,1 5,7 Dic18 157,3 Act17 528,3 125,1 Act171 73,8 16,4 Act17 25,2 7,5 Q3YTD 165,0 % Var % Var % Var 18 to 17 5,1% (0,6)% 18 to 17 5,6% 3,6% 18 to 17 19,5% (23
Slide 7: Key Performance Indicators
Key Performance Indicators 3. Key Performance Indicators 7
Slide 8: Key Performance Indicators FY
Key Performance Indicators The Key Performance Indicators of Aquafil Group of FY2018 compared with same period of 2017 are here reported: KPI FY FY Δ a) Revenues grew 5.1%, amounting to €555,2 million compared to 2018 2017 % €528,3 million of 2017, mainly as a result of sale increase of BCF product
Slide 9: Key Performance Indicators Q4
Key Performance Indicators The Key Performance Indicators of Aquafil Group of Q4 2018 compared with same period of 2017 are here reported: KPI Q4 Q4 Δ a) Revenues slightly decrease by 0,6%, amounting to €124.3 million 2018 2017 % compared to €125.1 million for Q4 2017, mainly as a of a reduction of
Slide 10: Focus on Sales
Focus on Sales 2a. Focus on Sales 10
Slide 11: Focus on Sales – Sales by Product Line
Focus on Sales – Sales by Product Line The comparison of amount and percentage of Revenues, broken down by Line of Product realized in Full Year and Fourth Quarter 2018 vs the same period of 2017 is here reported: Revenues (€/mil) FY FY Δ Q4 Q4 Δ by Product Line 2018 2017 % 2018 2017 % BCF 408,0 381
Slide 12: Focus on Sales – Sales by Geographical Area
Focus on Sales – Sales by Product Line The comparison of amount and percentage of Revenues, broken down by Geographical Area realized in Full Year and Fourth Quarter 2018 vs the same period of 2017 is here reported: Revenues (€/mil) FY FY Δ Q4 Q4 Δ Geographical Area 2018 2017 % 2018 2017 % Italy 113
Slide 13: Focus on Sales – ECONYL Sales
Focus on Sales – ECONYL® Sales The Group’s revenues of ECONYL® branded products are growth of 6,5% in FY 2018 and of 5,3% in Fourth Quarter 2017 compared to same periods of 2017 The Group’s revenues of ECONYL® branded products in FY 2018 has been equal to the 36,9% of fiber revenues 13
Slide 14: Aquafil Group at Glance
Aquafil Group at Glance 3. Aquafil Group at Glance 14
Slide 15: Aquafil at a Glance
Aquafil at a Glance • Market Leader in Nylon Fibers and Polymers: - Flooring solutions; - Fashion and sportswear textile applications; - Polymers for engineering plastics solutions; • Technologies, processes and continuous innovation key to a successful business model - R&D focus for a uniquely dive
Slide 16: Aquafil Group at Glance: value chain
Aquafil Group at Glance Raw materials Production Distribution Clients Final Application BCF Flooring Solutions Selected Manufacturers Application Users Production and finishing of Standard Caprolactam premium synthetic yarns, Direct sale / Contract • Nylon 6 monomer principally Nylon 6, for agents (
Slide 17: Aquafil Group at Glance: history
Aquafil Group at Glance Acquisition of Invista BCF Business in Listing in Italian Asia Pacific Stock Exchange Doubling of Production Capacity in China Acquisition of Xentrys from Domo Chemicals The ECONYL® plant in Slovenia begins producing Establishment of ….. Aquafil Asia ….. Pacific in ….. Thaila
Slide 18: Aquafil Group at Glance: sites
Aquafil Group at Glance USA ITALY SLOVENIA Cartersville (Georgia) Arco (TN) Ljubljana Aquafil USA 1 & 2 Aquafil (Headquarter) AquafilSLO Ljubljana Phoenix (Arizona) Cares (TN) Senozece Aquafil Carpet Recycling #1 Rovereto (TN) AquafilSLO Senožeče Tessilquattro Store Sacramento (California) AquafilSL
Slide 19: 4. Full Year and IV Quarter 2018 Financial Statement
4. Full Year and IV Quarter 2018 Financial Statement 19
Slide 20: EBITDA and EBIT Adjustment
EBITDA and EBIT Adjustment RECONCILIATION FROM NET PROFIT TO At December 31, At December 31, Fourth Fourth EBITDA €/000 2018 2017 Quarter 2018 Quarter 2017 Net Profit (Including Portion Attr. to Minority ) 30.097 25.216 5.742 7.460 Income Taxes 6.986 2.796 784 (5.627) Investment income and charges -
Slide 21: The Income Statement
The Income Statement CONSOLIDATED INCOME STATEMENT December of wich December of wich Forth Quarter of wich Fourth of wich €/000 2018 non-current 2017 non-current 2018 non-current Quarter 2017 non-current Revenue 555.220 528.333 124.288 - 125.100 - of which related parties 218 297 13 - 53 - Other Rev
Slide 22: The Balance Sheet
The Balance Sheet CONSOLIDATED BALANCE SHEET Al 31 December At December 31, €/000 2018 2017 Intangible Assets 15.992 7.782 Tangible Assets 189.661 153.927 Financial Assets 404 408 of which related parties 79 79 Other Assets 2.189 - Deferred Tax Assets 7.841 11.356 Total Non-Current Assets 216.087 17
Slide 23: The Cash Flow
The Cash Flow CONSOLIDATED BALANCE SHEET Al 31 December At December 31, €/000 2018 2017 Intangible Assets 15.992 7.782 Tangible Assets 189.661 153.927 Financial Assets 404 408 of which related parties 79 79 Other Assets 2.189 - Deferred Tax Assets 7.841 11.356 Total Non-Current Assets 216.087 173.47
Slide 24: Net Financial Debt
Net Financial Debt NET FINANCIAL DEBT At December, At December 31, €/000 2018 2017 A. Cash 103.277 99.024 B. Other cash equivalents - - C. Securities held-for-trading - - D. Liquidity ( A + B + C) 103.277 99.024 E. Current financial receivables 2.878 988 F. Current bank loans and borrowing (96) (72)
Slide 25: Aquafil Investors Contact
AQUAFIL INVESTORS CONTACT Karim Tonelli Investor Relations and Performance Management Director investor.relations@aquafil.com - mob: +39 348 6022.950 Barabino & Partners IR T: +39 02 72.02.35.35 Stefania Bassi - s.bassi@barabino.it - mob: +39 335 6282.667 Agota Dozsa - a.dozsa@barabino.it - mob: +39