Semperit Ag Holding · VIE:SEM
Semperit — H1 2025 Earnings Presentation
23 slides from Semperit's earnings presentation, Aug 13, 2025
Slide 1: Semperit Group H1 2025 Earnings Presentation
SEMPERIT GROUP H1 2025 EARNINGS PRESENTATION Manfred Stanek, CEO Helmut Sorger, CFO 13 August 2025
Slide 2: Agenda
Agenda Overview (p.3) Operational Performance (p.4) Financial Performance (p.7) Outlook (p.15) Appendix (p.17) 2 Earnings Presentation H1 2025 I 13 August 2025
Slide 3: Overview H1 2025
Overview H1 2025 Semperit gains momentum in Q2 2025: EBITDA significantly improved to EUR 19.6m (+76.2% qoq) Recovery in order activities continues after subdued development in January/February H1 still marked by challenging environment: EBITDA at EUR 30.7m (-35.2%), margin at 9.6% (H1’24: 13.7%) To
Slide 4: Two complementary divisions with one strong industrial base
Two complementary divisions with one strong industrial base Revenue and EBITDA breakdown mainly reflects Semperit Industrial project postponements in the SEA segment at the Semperit Engineered Applications beginning of the year and an improvement in Q2 Applications H1’25 H1’25 H1’24 H1’24 38% 42% 41
Slide 5: SIA: Margin recovery continues – backed by cost efficiency initiatives
SIA: Margin recovery continues – backed by cost efficiency initiatives EBITDA in EUR m EBITDA margin 17.6% 19.2% 23.0% 19.8% 19.1% 17.5% 15.2% 17.2% Semperit 10.2% Industrial 17.5 17.8 6.3% 16.4 Applications 13.6 13.0 11.0 9.7 11.3 7.4 4.2 Q1’23 Q2’23 Q3’23 Q4’23 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25
Slide 6: SEA: Q2 recovery could not fully offset Q1 performance
SEA: Q2 recovery could not fully offset Q1 performance EBITDA in EUR m 17.0% EBITDA margin 17.1% 18.3% 2.3 14.5% 12.7% 12.3% Semperit 9.2% 12.1% 10.6% Engineered 4.1 15.8 14.0 15.6 Applications 13.1 12.1 12.8 4.6% 9.0 10.7 7.5 4.0 1 1 Q1’23 Q2’23 Q3’23 Q4’23 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q1
Slide 7: Financial highlights H1 2025
Financial highlights H1 2025 Focus on Proactive working Robust balance Digital transformation 2024 dividend streamlining capital management sheet supported by through “oneERP payment of business and cost to support free cash ample cash reserves and ongoing digital EUR 10.3m on efficiency supports fl
Slide 8: Key financial results H1 2025
Key financial results H1 2025 H1 2025 H1 2024 Δ Revenues: increase in Q2 (+11.3% qoq) Revenues in EUR m 320.5 345.5 -7.2% could not fully compensate for Q1 performance EBITDA in EUR m 30.7 47.3 -35.2% EBITDA: volume decline not fully offset EBITDA margin in % 9.6 13.7 -4.1PP by cost measures and
Slide 9: Last Twelve Month (LTM) view – strict cost management to support margins
Last Twelve Month (LTM) view – strict cost management to support margins LTM Industrial Revenue (EUR m) and operating EBITDA margin (%) 734.0 739.5 717.4 705.0 695.1 681.8 681.4 660.3 671.6 668.9 676.6 652.2 651.5 596.9 556.1 497.3 518.9 487.0 17.5 16.7 17.1 16.9 16.3 16.5 14.7 14.6 14.8 14.7 14.9 1
Slide 10: EBITDA bridge H1'25 vs. H1'24: Volume effects partially offset
EBITDA bridge H1‘25 vs. H1‘24: Volume effects partially offset -35% in EUR m 3.0 47.3 2.2 32.9 7.7 3.1 30.7 -0.7 -1.6 -28.1 reported Price & Volume Effect Change in Cost of Personnel Consulting, reported Project costs operating EBITDA Productmix - Sales inventories materials warranties, EBITDA (oneE
Slide 11: Consistent focus on working capital levels
Consistent focus on working capital levels Components of Working Capital1 in EUR m 15.9% 18.7% 17.7% 18.0% 15.2% 15.8% 16.3% 127.7 134.8 120.9 120.2 102.7 101.6 106.2 110.8 106.6 108.4 101.5 85.7 100.2 97.8 Inventories 86.1 86.7 70.7 76.5 73.7 67.0 66.9 Trade receivables -69.2 -58.5 -58.2 -57.8 -56.
Slide 12: Free cash flow, CAPEX and net financial debt
Free cash flow, CAPEX and net financial debt Free cash flow despite operational pressure at EUR 13.9m (H1’24: EUR 23.6m) Disciplined spending: reduced maintenance and growth CAPEX, in total at EUR 18.5m (H1’24: 38.1m) Net financial debt / EBITDA at 1.7x in EUR m 13.4 10.3 -13.9 5.5 118.6 103.3
Slide 13: Robust balance sheet structure and financial profile
Robust balance sheet structure and financial profile Balance sheet structure Financial profile as of 30 June 2025 Balance sheet 30/06/2025: EUR 881m Cash and cash equivalents at EUR 112.9m (-10.4%) Balance sheet 31/12/2024: EUR 913m EUR 31m of the Schuldschein loan repaid from own funds at the e
Slide 14: Capital allocation and usage of cash
Capital allocation and usage of cash Free cash flow (EUR 13.9m) Normal Investments € Growth Investments € Shareholder Return % MAINTENANCE GROWTH CAPEX & DIGITALIZATION M&A DIVIDENDS CAPEX Strategic growth project: Commitment to maintaining expansion of the hydraulic Attractive and enhancing our hos
Slide 15: Outlook
Outlook operating EBITDA expected at EUR 65m - 85m Recovery expected for H2, supported by improved order situation project expenses oneERP expected at Uncertainty remains high for the time being ~EUR 5m (P&L effective) Cost-cutting measures are being continued 2025 CAPEX expected at Medium-term clea
Slide 16: Five reasons to invest in Semperit
Investment Proposition Five reasons to invest in Semperit 1 Leading global market position in elastomer applications with strong industrial base 2 Relentless focus on innovation and technology 3 Resilient business model driven by operating leverage and cost leadership 4 Strong balance sheet and cash
Slide 17: Agenda
Agenda Overview (p.3) Operational Performance (p.4) Financial Performance (p.7) Outlook (p.15) Appendix (p.17) 17 Earnings Presentation H1 2025 I 13 August 2025
Slide 18: Appendix: Divisions & Group
Appendix: Divisions & Group in EUR m INDUSTRIAL APPLICATIONS (SIA) ENGINEERED APPLICATIONS (SEA) SEMPERIT GROUP 1 2 1 2 1 1 1 1-6 2025 1-6 2024 % 1-6 2025 1-6 2024 % 1-6 2025 1-6 2024 % Revenue 133.6 140.1 -4.7% 186.9 205.4 -9.0% 320.5 345.5 -7.2% EBITDA 24.2 30.0 -19.2% 14.7 27.7 -46.9% 30.7 47.3 -
Slide 19: Semperit Group (continuing operations)
Semperit Group (continuing operations) in EUR m Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 2023 2023 2023 2023 2023 2024 2024 2024 2024 2024 2025 2025 Revenue 176.4 179.3 163.8 162.3 681.8 176.0 169.5 161.1 170.0 676.6 151.7 168.8 EBITDA 21.0 22.9 13.3 13.0 70.1 23.0 24.4 16.6 20.8 84.9 11.1 19.6 EBITDA ma
Slide 20: Semperit Industrial Applications, Semperit Engineered Applications & Corporate
Semperit Industrial Applications, Semperit Engineered Applications & Corporate in EUR m SEMPERIT INDUSTRIAL APPLICATIONS (SIA)1 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 2023 2023 2023 2023 2023 2024 2024 2024 2024 2024 2025 2025 Revenue 99.4 93.0 72.2 66.2 330.8 68.7 71.4 63.2 64.0 267.3 65.5 68.1 EBITDA
Slide 21: Key figures 2013-2024
Key figures 2013-2024 in EUR m KEY PERFORMANCE FIGURES 1 1 2 3 4 5 6 7 7 8 8 2013 2014 2015 2016 adj. 2017 adj. 2018 adj. 2019 adj. 2020 adj. 2021 2022 adj. 2023 adj. 2024 adj. Revenue 906.3 858.3 914.7 852.4 874.2 875.5 840.6 927.5 601.8 779.8 681.8 676.6 EBITDA 132.5 101.9 96.2 74.7 35.8 50.3 63.8
Slide 22: Overview price indices LFO-F-NEW / Butadiene
Overview price indices LFO-F-NEW / Butadiene Significant increase for raw material1 used in industrial segments Price index LFO-F-NWE Price indices Butadiene as main raw material for synthetic rubber / latex 180 350 ø 2022 ø 2023 ø 2024 ø 2025 ø 2022 ø 2023 ø 2024 ø 2025 160 300 140 250 120 100 200
Slide 23: Contact and financial calendar
Contact and financial calendar Investor Relations Semperit Financial Calendar 2025 / 2026 Judit Helenyi, Director Investor Relations 13.08.2025 Half-year financial report 2025 12.11.2025 Report on 1-9 2025 +43 1 79777 - 310 18.03.2026 Publication of 2025 annual financial statements www.semperitgroup