Nemak Sab De Cv · BMV:NEMAK/A
Nemak Sab De Cv — Q2 2026 Earnings Presentation
33 slides from Nemak Sab De Cv's earnings presentation, July 2026
Slide 1: 2Q26 Results
2Q26 Results July 2026
Slide 2: Agenda
Agenda • 2Q26 Highlights • Financial Overview • Q&A Hervé Boyer Alberto Sada Denise Reyes CEO CFO IRO
Slide 3: Forward-Looking Statement
FORWARD-LOOKING STATEMENT This presentation contains forward-looking information based on numerous variables and assumptions that are inherently uncertain. They involve judgments with respect to, among other things, future economic, competitive and financial market conditions and future business dec
Slide 4: 2Q26 results
2Q26 results • Revenue increased 19% y-o-y • Driven by contribution from acquired operations, aluminum prices, and stable underlying business • Resilient ICE powertrain business and growth strategy execution
Slide 5: Ongoing adaptation of operations in North America
Ongoing adaptation of operations in North America • Stronger than anticipated ICE demand • Temporary expenses from resources alignment
Slide 6: EBITDA
EBITDA • Declined 6%, y-o-y • Margin expanded from 9% in Q1 to 11% in Q2 • Benefited from improvement plans and a more stable production
Slide 7: Advancing manufacturing efficiency
Advancing manufacturing efficiency • Enhancing efficiency • Adjusting capacity utilization • Strengthening cost structure
Slide 8: Capturing value
Capturing value • Resilience of ICE powertrain business • Growth opportunity in e-mobility, structure and chassis applications
Slide 9: ICE powertrain business extended lifespan
ICE powertrain business extended lifespan • Supported by long-term programs, existing assets and strong cash generation • Strong and sustained demand over the next decade
Slide 10: Consistent expansion in e-mobility, structure, and chassis applications
Consistent expansion in e-mobility, structure, and chassis applications • Strategic foundation, enhanced by the recent acquisition • Developing capabilities and scaling participation
Slide 11: Successful 100th day integration phase
Successful 100th day integration phase • Maintained business continuity, onboarded new colleagues, shared best practices • Identified US$20–40M in synergies, full value realization expected by 2027
Slide 12: Integration progressing as expected
Integration progressing as expected Focus on execution, capturing synergies, advancing systems, and enhancing value proposition
Slide 13: New facility in Georgia: a strategic platform for long-term growth
New facility in Georgia: a strategic platform for long-term growth • Manufacturing footprint expansion • Advancing structural casting capabilities • Highly automated, mega-casting facility producing large structural components
Slide 14: Facility production ramp-up
Facility production ramp-up • Construction substantially completed, equipment installed, first production shots achieved • Operations expected to begin in 2H26, with production ramp-up through 2027– 2028
Slide 15: Diversified growth
Diversified growth • Secured ~US$400 M in awarded business, year-to-date • 60% ICE powertrain and 40% e-mobility, structure, and chassis applications
Slide 16: Nemak received Porsche's Supplier Quality Rating for 2025
Nemak received Porsche’s Supplier Quality Rating for 2025 “A” grade classification for Altenmarkt and Dillingen facilities
Slide 17: Strengthening our partnership with OEMs
Strengthening our partnership with OEMs • Strengthened collaboration with China through dedicated Tech Days • Highlighted key product segments and multi-material capabilities • Interaction translated into commercial leads, technical inquiries and plant visits
Slide 18: Advancing on key programs
Advancing on key programs • Production started for Ford’s Mega Brace, reinforcing position in large structural components • Fully ramped up Mercedes-Benz EQ battery housing production, showcasing integrated multi-material capabilities
Slide 19: Driving growth through new program launches
Driving growth through new program launches • Started production of our first aluminum HPDC shock tower for SAIC • Launched EV programs for BYD and Li Auto, strengthening our EV platform presence
Slide 20: Innovation enhanced by acquisition, accelerating value creation
Innovation enhanced by acquisition, accelerating value creation • Advancing differentiated products in high- pressure die casting and structural components • Improving margins and competitiveness through process optimization • Developing low-carbon solutions to support customer decarbonization goals
Slide 21: Nemak included for the 7th time
Nemak included for the 7th time
Slide 22: Financial Results
Financial Results
Slide 23: Automotive industry update
Automotive industry update Vehicle SAAR (M Units) Vehicle Production (M Units) 35 12 29.3 9.8 30 28.2 10 26.8 China 8.3 25 8 7.7 22.0 7.5 21.0 7.1 6.5 20 16.4 17.4 16.9 16.4 16.0 Europe 6 15 16.2 16.5 15.7 16.2 15.7 4.0 4.1 4.0 3.8 3.9 3.9 4 10 USA 3.8 4.0 3.9 3.5 3.6 3.7 3.1 2 5 2.8 2.8 2.5 2.5 0.6
Slide 24: Revenue - US$1.5 B
Revenue - US$1.5 B • 19% growth, y-o-y • ICE powertrain – US$1.3 B • E-mobility, Structure and Chassis – US$197 M; 13% of revenue
Slide 25: EBITDA - US$171 M
EBITDA - US$171 M • High comparison base • Extraordinary expenses in NA • FX headwinds from Mexican peso appreciation
Slide 26: Operating income was US$49 M; Net loss was US$13 M
Operating income was US$49 M Net loss was US$13 M • Higher income tax • Lower non-cash foreign exchange losses
Slide 27: Net Debt was US$1.76 B
Net Debt was US$1.76 B • Proforma Net-debt-to-EBITDA ratio was 2.9x • Proforma Interest coverage ratio was 5.2x
Slide 28: Cash was US$284 M
Cash was US$284 M • Liquidity and financial flexibility
Slide 29: Capital expenditures totaled US$110 M
Capital expenditures totaled US$110 M • Investments related to Georgia facility • Aligned with disciplined capital allocation
Slide 30: Summary of regional results
Summary of regional results Revenues 2Q26 2Q25 % Var. North America 704 687 2.5 Europe 571 411 38.8 Rest of World 229 171 34.1 Total 1,504 1,269 18.5 EBITDA 2Q26 2Q25 % Var. North America 61 89 (31.3) Europe 80 68 17.3 Rest of World 30 25 20.5 Total 171 182 (6.0)
Slide 31: Positioned to capture growth opportunities
Positioned to capture growth opportunities • Focus on disciplined execution, synergy capture, and leveraging expanded platform • Priorities on operating efficiency, free cash flow generation, and prudent capital allocation
Slide 32: Q&A
Q&A
Slide 33: For more information contact us at: investors.nemak.com
For more information contact us at: investors.nemak.com investor@nemak.com