Suominen Oyj · OMXHEX:SUY1V
Suominen Oyj — Q1 2024 Earnings Presentation
16 slides from Suominen Oyj's earnings presentation, May 7, 2024
Slide 1: Q1/2024 Suominen
= 00000 OF ‘S. 0000000606 Tae OoO000000 SUOMINE’ Q1/2024 Tommi Bjornman, President and CEO Janne Silonsaari, CFO. May 7, 2024
Slide 2: Agenda
Agenda Q1/2024 in brief Financial review Progress in strategy Outlook 2024 Q&A May 7, 2024
Slide 3: Q1/2024 in brief
Q1/2024 in brief * Net sales were EUR 113.6 million (116.8) * Comparable EBITDA was EUR 4.5 million (2.6) * Cash flow from operations totaled to EUR -2.2 million (3.3) May 7, 2024 & Suominen
Slide 4: Financial review
FINANCIAL REVI
Slide 5: Net sales
Net sales Net sales, EUR million Net sales, EUR million 500 480 460 440 420 + 400 380 360 140 434.9 133.1 120 115.6 449-3 118-0 116.8 449. _ 1149 sg 100 + 80 | 60 + 40 + 20 4 ol Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 2018 2019 2020 2021 2022 2023 Sales volumes increased from com
Slide 6: Comparable EBITDA
Comparable EBITDA Comparable EBITDA, EUR million Comparable EBITDA, EUR million 70 10 60 - 94 3 | 50 47.0 7 40 6} 337 5 | 30 56 44 20 153 15.8 34 2 “ L i - 0 o4 2018 2019 2020 2021 2022 2023 Q4/21 Q1/22 I Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 * The main drivers for EBITDA improvement were increa
Slide 7: Consolidated statement of profit or loss
Consolidated statement of profit or loss EUR thousand 13/2024 13/2023 1-12/2023 113,587 116,793 450,851 -105,444 “111,939 428,122 8,143 4,854 22729 679 1.101 4,802 “7,777 -7,337 -28,497 -963 -880 -3,851 Other operating expenses 17 169 -2,700 Operating profit 99 -2,093 -7,517 Net financial expenses -
Slide 8: Cash flow from operations
Cash flow from operations Cash flow from operations, EUR million Cash flow from operations, EUR million 20 6° ore 15.6 50 5 cEKS) 434 10 5 40 6.4 x0 324 299 307 5 | : | [ | >| i a 20 14.0 a poll 111 . -5 =2. -2.2 10 29 o ~ Oo -10.8 2018 2019 2020 2021 2022 2023 -15 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/2
Slide 9: Progress in strategy
PROGR! EOS IN STRAT] EGY
Slide 10: Mission, Vision and Strategy
Mission Vision Enabling our customers to win Frontrunner for nonwovens by creating quality nonwovens innovation and sustainability Strategy: Growth and profitability through sustainability, customer focus and efficiency We will grow by creating innovative and more sustainable nonwovens for our custo
Slide 11: Leader in innovation and sustainability
Leader in innovation and sustainability Suominen invests in strengthening its capabilities in sustainable products in Bethune, USA The investment is made in line with Suominen’s strategy and supports company’s vision to be the frontrunner in nonwovens innovation and sustainability. May 7, 2024 Susta
Slide 12: Outlook
OUTLOOK
Slide 13: Outlook 2024
Outlook 2024 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2024 will increase from 2023. In 2023, Suominen’s comparable EBITDA was EUR 15.8 million. May 7, 2024 & Suominen
Slide 14: Q&A
Q&A
Slide 15: Slide 15
Slide 16: Suominen - Pure Nordic Quality
Sa Suominen PURE NORDIC QUALITY