Sanok Rubber Company Sa · GPW:SNK
Sanok Rubber Company Sa — Q1 2025 Earnings Presentation
20 slides from Sanok Rubber Company Sa's earnings presentation, 2025
Slide 1: Financial Results Sanok Rubber Group for Q1 2025
FINANCIAL RESULTS SANOK RUBBER GROUP FOR Q1 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 31.03.2025
SANOK RUBBER GROUP AS AT 31.03.2025 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 Q1 2021 - 2025
FINANCIAL RESULTS Q1 2021 - 2025 Sanok Rubber Group 2021 2022 2023 2024 2025 Net sales [thousand PLN] 303 079 320 131 386 126 343 784 357 406 EBITDA [thousand PLN] 37 197 22 289 34 749 30 644 28 718 EBITDA margin[%] 7,0% 8,0% 12,3% 9,0% 8,9% EBIT [thousand PLN] 6 862 8 685 21 598 18 997 15 184 Net p
Slide 7: Consolidated Sales Q1 2021 - 2025
CONSOLIDATED SALES Q1 2021 - 2025 Segments 2021 2022 2023 2024 2025 Sprzedaż netto [tys. PLN] AUTOMOTIVE 190 271 180 039 230 694 203 947 168 497 EBITDA [tys. PLN] 0 CONSTRUCTION Marża EBITDA 30[%] 420 37 879 46 553 43 993 42 036 47 172 53 517 54 976 51 862 INDUSTRY Zysk netto [tys. PLN] 107 088 Rent
Slide 8: Financial Results 1Q 2024 – 2025
FINANCIAL RESULTS 1Q 2024 – 2025 Sanok Rubber Group positive 70,0 negative 0,9 0,5 60,0 3,4 3,0 50,0 13,4 40,0 61,1 30,0 52,7 20,0 10,0 0,0 Segment result Q1 Automotive Construction Industry Compounds Other Segment result Q1 2024 2025 www.sanokrubber.pl 8
Slide 9: Consolidated Sales 1Q 2025
CONSOLIDATED SALES 1Q 2025 Sanok Rubber Group 1Q 2025 1Q 2024 357,4 million 343,8 million PLN PLN 11,8% 8,9% 12,8% 59,3% 47,1% 8,8% 30,0% 15,1% AUTOMOTIVE CONSTRUCTION COMPOUNDS INDUSTRY AND AGRICULTURE OTHER www.sanokrubber.pl 9
Slide 10: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET ASSETS 31.03.2025 Structure'25 31.03.2024 Structure'24 Growth rate % Fixed assets 645 445 50,9% 470 281 39,8% 137,2% Currents assets 622 048 49,1% 711 418 60,2% 87,4% Including: Stocks 269 881 21,3% 248 923 21,1% 108,4% Receivables 249 441 19,7% 223 879 18,9% 111,4% Financ
Slide 11: Consolidated Cash Flow
CONSOLIDATED CASH FLOW [million PLN] NET CHANGE IN CASH AND CASH OPERATING ACTIVITIES INVESTING ACTIVITIES FINANCING ACTIVITIES EQUIVALENTS 106,4 92,8 39,6 32,5 26,5 29,4 - 21,2 - 39,8 1Q 2025 1Q 2024 www.sanokrubber.pl 11
Slide 12: Financial Results Sanok RC SA
FINANCIAL RESULTS SANOK RC SA Q1 2025 2024 % Net Sales [PLN thousand] 218 535 254 595 85,8 EBITDA [thousand PLN] 25 439 27 119 93,8 [%] 11,6 10,7 EBIT [thousand PLN] 11 897 14 413 82,5 5,4 5,7 [%] 13 270 3 208 24,2 Net profit [thousand PLN] [%] 1,5 5,2 Cash from operating activities [PLN thousand] 2
Slide 13: Operating Indicators
OPERATING INDICATORS 2,5 Liquidity 2,30 2,37 2,38 2,28 Inventory Rotation 2,21 90 2,13 2,14 84 2,05 2,03 1,90 1,95 2 1,87 77 1,72 1,74 1,71 74 1,60 1,64 1,61 72 1,56 75 68 69 68 1,45 1,45 1,48 1,45 66 66 67 1,5 65 67 65 66 64 65 66 65 66 1,33 64 64 1,26 1,26 1,24 1,22 1,29 62 63 59 61 60 60 61 1,39
Slide 14: Net Debt / EBITDA Ratio
NET DEBT / EBITDA RATIO Sanok Rubber Company SA Sanok Rubber Group 2,5 netdebt/EBITDA 3,0 1,9 1,9 2,0 2,5 2,4 1,7 2,2 2,1 1,5 1,9 1,5 2,0 1,5 1,0 1,0 0,5 0,5 0,0 0,0 2Q2024 3Q2024 4Q2024 1Q2025 2Q2024 3Q2024 4Q2024 1Q2025 www.sanokrubber.pl 14
Slide 15: Macroeconomic Environment
MACROECONOMIC ENVIRONMENT www.sanokrubber.pl 15
Slide 16: Currency Exchange
CURRENCY EXCHANGE 4,800 EUR/PLN 4,700 4,600 4,500 4,400 4,300 4,200 4,100 I II III IV V VI VII VIII IX X XI XII 2023 4,697 4,743 4,693 4,641 4,541 4,465 4,446 4,460 4,594 4,519 4,403 4,332 2024 4,365 4,327 4,307 4,303 4,285 4,318 4,281 4,292 4,278 4,316 4,334 4,271 2025 4,250 4,177 4,181 4,268 www.s
Slide 17: Raw Materials Trends
RAW MATERIALS TRENDS 3Q 2025 2Q 2025 Polymers EPDM NR CR SBR 3Q 2025 2Q 2025 Carbon blacks SEMI ACTIVE ACTIVE INACTIVE SPHERONS 3Q 2025 2Q 2025 Plasticizers PARAFFINING OILS NAFTHENIC OILS SYNTHETIC OILS 3Q 2025 2Q 2025 Others CURING AGENTS ACCELERATORS ANTIOXIDANTS METAL OXIDES WAXES PRODUCTION SEG
Slide 18: Further Directions of Group Development
FURTHER DIRECTIONS OF GROUP DEVELOPMENT www.sanokrubber.pl 18
Slide 19: 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 20: Thank you
_ SANOK RUBBER “— * Thank you