Arkema Sa · EURONEXT:AKE
Arkema Sa — Q1 2025 Earnings Presentation
16 slides from Arkema Sa's earnings presentation, May 7, 2025
Slide 1: First quarter 2025 results and outlook
First quarter 2025 results and outlook 07/05/2025
Slide 2: Resilient results in a globally challenging and uncertain environment
Resilient results in a globally challenging and uncertain environment in €million Sales EBITDA Adj. Net Income Net Debt and hybrid bonds 2,381 350 3,425 2,341 138 3,241 329 99 Q1'24 Q1'25 Q1'24 Q1'25 Q1'24 Q1'25 31/12/24 31/03/25 Specialty Materials 93% Margin 13.8% Adj. EPS €1.31 2.3x LTM EBITDA Fi
Slide 3: Q1'25 financial highlights
Q1’25 financial highlights → Up 1.7% YoY • Stable volumes (down 0.2%) supported by significant growth in High Performance Polymers and their dynamic of new businesses, notably in batteries, electronics and €2,381m sales sports • Contrasting trends by region with strong growth in Asia but broadly wea
Slide 4: Highly profitable incremental PVDF investment announced in the US
Highly profitable incremental PVDF investment announced in the US Capacity expansion Increasing demand for locally manufactured in Calvert City (US) high performance resins Focus on attractive markets and applications: +15% • Lithium-ion batteries for EV and Energy Storage Systems US capacity • Semi
Slide 5: A step forward in the decarbonization of the adhesives
A step forward in the decarbonization of the adhesives New biomethane supply agreement with ENGIE 4 sites in France 25 GWh/year 85% of the gas consumption of the major Bostik sites in France 8-year contract Following the 300 GWh/year long-term contract signed in early Coubert, Privas, 2023 for the s
Slide 6: Key figures
Key figures in €million Q1’25 Q1’24 Change Sales 2,381 2,341 +1.7% EBITDA 329 350 -6.0% Specialty Materials 331 342 -3.2% Intermediates 24 39 -38.5% Corporate -26 -31 EBITDA margin 13.8% 15.0% Specialty Materials 14.9% 15.7% Intermediates 15.3% 24.7% Recurring operating income (REBIT) 160 202 -20.8%
Slide 7: Slight sales increase supported by scope effect and stable volumes
Slight sales increase supported by scope effect and stable volumes Sales in €million -0.2% -0.5% +0.5% +1.9% Strong growth in Asia Prices up in High Stronger US dollar Integration of Dow’s Performance against the euro at laminating adhesives Significant increase Polymers the start of the business in
Slide 8: Adhesive Solutions (30% of Group sales)
Adhesive Solutions (30% of Group sales) Key figures Highlights in €m Q1’25 Q1’24 Change → 8.1% positive scope effect corresponding to the Sales 715 680 +5.1% integration of Dow’s laminating adhesives EBITDA 99 105 -5.7% → Volumes down 2.5% EBITDA margin 13.8% 15.4% • Weak demand environment in North
Slide 9: Advanced Materials (38% of Group sales)
Advanced Materials (38% of Group sales) Key figures Highlights in €m Q1’25 Q1’24 Change → Volumes up 0.3% Sales 894 878 +1.8% • Positive dynamic in High Performance Polymers EBITDA 174 162 +7.4% notably in Asia in the battery, electronics and sports markets EBITDA margin 19.5% 18.5% • Weak demand in
Slide 10: Coating Solutions (25% of Group sales)
Coating Solutions (25% of Group sales) Key figures Highlights in €m Q1’25 Q1’24 Change → Volumes down 2.5% in a weak demand Sales 607 615 -1.3% environment EBITDA 58 75 -22.7% EBITDA margin 9.6% 12.2% REBIT 26 44 -40.9% → Prices stable at positive 0.2% Sales development → EBITDA significantly down a
Slide 11: Intermediates (7% of Group sales)
Intermediates (7% of Group sales) Key figures Highlights in €m Q1’25 Q1’24 Change Sales 157 158 -0.6% → Volumes up 15.8% • Mainly driven by acrylics in Asia EBITDA 24 39 -38.5% • Partially offset by lower quotas EBITDA margin 15.3% 24.7% in refrigerant gases in Europe REBIT 16 29 -44.8% → Prices dow
Slide 12: Cash flow generation
Cash flow generation in €million Q1’25 Q1’24 EBITDA 329 350 Taxes -33 -39 → Q1’25 tax rate 22.5% of REBIT (excl. exceptional items) Cash items included in the financial result -23 -14 Change in working capital and fixed assets payables (1) -306 -255 → Change in working capital of negative Other -16
Slide 13: Net debt at 2.3x LTM EBITDA
Net debt at 2.3x LTM EBITDA in €million 2.3x LTM EBITDA 138 17 5 24 0 3,425 3,241 31/12/2024 Rec. Rec.cash flow cash Exceptional M&A M&A Dividends & FXFX andand others 31/03/2025 31/12/2024 Exceptional items Dividends & Hybrid… Q1'25 flow items Hybrid bonds others First quarter 2025 results and outl
Slide 14: Outlook
Outlook Global economic environment remaining uncertain and marked by weak demand outside of Asia. Relying on its industrial footprint close to customers in the three major regions of the world, Arkema anticipates a limited direct impact from the recent increase in tariffs. Nevertheless, the Group w
Slide 15: Disclaimer
Disclaimer The information disclosed in this document may contain forward-looking statements with respect to the financial condition, results of operations, business and strategy of Arkema. In a context marked by strong geopolitical tensions, where the evolution of the world economy remain uncertain
Slide 16: arkema.com
arkema.com