Slide 1: Let's Drill Better: Q4 and Full Year 2024 Results
LET’S DRILL BETTER Q 4 A N D F U L L Y E A R 2 0 2 4 R E S U LT S A N A LY S T A N D P R E S S C O N F E R E N C E 18 FEBRUARY 2025 AR TO H AL O N E N , G R O U P C E O & V I L L E P E LTO N E N , G R O U P C F O
Slide 2: Disclaimer
DISCLAIMER This presentation contains, or may be deemed to contain, statements that are not historical facts but forward- looking statements. Such forward-looking statements are based on the current plans, estimates and expectations of Robit Plc’s management based on information available to it on t
Slide 3: FY 2024: Clear Improvement in Profitability
FY 2024: CLEAR IMPROVEMENT IN PROFITABILITY TOP HAMMER AND GEOTECHNICAL BUSINESSES GREW DESPITE CHALLENGING MARKET SITUATION Market demand remained at a good level in mining industry, but expected recovery in construction industry demand didn’t actualize. Orders received decreased by 4.4% to MEU
Slide 4: Innovations & Offering Renewal
INNOVATIONS & OFFERING RENEWAL Robit® Robit® H18 DTH Hammer RG51 Rods A new member of revolutionary H series DTH Robit® RG51 rods for increased efficiency and hammer family covering piling cost-effective drilling: 18” DTH hammer for 458mm (18”) – 660mm (26”) • Faster rate of penetration diamet
Slide 5: Q4 2024: Growth in Top Hammer and Geotechnical
Q4 2024: GROWTH IN TOP HAMMER AND GEOTECHNICAL NET SALES DROPPED BY 6.6% TO MEUR 21.4 (22.9) NET SALES AND COMPARABLE EBITDA Top Hammer net sales increased by 35 14% 5.8% to MEUR 14.3 (13.5). 31,3 Down the Hole net sales decreased by 30 28,4 12% 49.9% to MEUR 2.4 (4.9). 26,4 26,3 26,3 26,2 Geo
Slide 6: Growth Delivered in Asia & Australasia
GROWTH DELIVERED IN ASIA & AUSTRALASIA Net sales share 2024 EMEA & East 47.2 10 % (-2.3%) 15 % Asia 9.0 52 % (+0.6%) Americas 19.1 23 % (-8.1%) Australasia 14.9 EMEA & East Americas (+0.7%) Australasia Asia ■ Sales by area MEUR in 2024 (change% compared to 2023) 6 18 February 2025 Copyright 2025 Rob
Slide 7: A Significant Step in Reducing Emission Intensity
A SIGNIFICANT STEP IN REDUCING EMISSION INTENSITY CO2 emission reductions Happy and healthy Efficiency throughout Sustainable partnerships in our value chain workplace the product lifecycle Employee engagement Over 90%* of suppliers Over 90% 50% emission reduction index improving y-o-y committed to
Slide 8: Financials
LET’S DRILL BETTER FINANCIALS V I L L E P E LTO N E N , G R O U P C F O
Slide 9: Profitability Improved
PROFITABILITY IMPROVED Key financials Q4 2024 Q4 2023 Change % 2024 2023 Change % Net sales Q4 2024 declined by 6.6% to MEUR Net sales, EUR 1000 21 387 22 901 -6.6% 90 284 92 917 -2.8% 21.4 (22.9) EBITDA, EUR 1000 1 721 2 409 -28.6% 6 430 5 172 24.3% EBITDA, % of sales 8.0% 10.5% 7.1% 5.6% Q4 20
Slide 10: Q4 2024: Net Working Capital Increased
Q4 2024: NET WORKING CAPITAL INCREASED Net working capital NET WORKING CAPITAL DEVELOPMENT increased in Q4 55 60% 51,1 49,5 49,5 50 NWC totaled MEUR 41.5 45,6 47,8 46,7 50% (38.5 in Q4/23) 45 43,1 43,2 44,7 41,7 41,5 40% 40 37,6 38,3 38,5 39,3 38,8 38,9 Inventories increased to 37,6 37,5 MEUR
Slide 11: Cash Flow
CASH FLOW EUR thousand Q4 2024 Q4 2023 2024 2023 Cash flow from operating activities Cash flow before Cash flows before changes in working capital 1 371 2 178 6 254 4 509 changes in NWC was Cash flows from operating activities before financial MEUR 1.4 (2.2) items and taxes -978 8 282 3 035 11 074
Slide 12: Financial Position
FINANCIAL POSITION CONSOLIDATED STATEMENT OF FINANCIAL POSITION EUR thousand 31 Dec 2024 31 Dec 2023 ASSETS Total non-current assets 23 946 27 948 Cash and cash Current assets equivalents at the end of 2024 were MEUR 9.0 Inventories 40 232 36 054 (11.2) Account and other receivables 17 814 16 820
Slide 13: Capital Structure
CAPITAL STRUCTURE 35 60% 51% 30 48% 47% 47% 49% 49% 49% 47% 46% 47% 50% 45% 46% 45% 44% 44% 44% 46% 45% 46% Net debt decreased in 25 42% 2024 and was MEUR 18.6 40% (21.3) 20 30% MEUR 15 Net debt/12 month rolling 20% EBITDA was 2.87 (3.81) 10 10% 5 Equity ratio remained strong at 50.7% (48.5 %)
Slide 14: Loan Maturity
LOAN MATURITY Loans from financial LOANS FROM FINANCIAL INSTITUTIONS MATURITY institutions at the end of 30 Q4 2024 totaled 25 MEUR 23.6 20 Financing agreement 15 ending in mid-2026. 10 23,6 Refinancing in H1/2025 5 MEUR Loan amortization of 0 MEUR 1.5 bi-annually in -5 - 1,5 - 1,5 June and De
Slide 15: Outlook
LET’S DRILL BETTER OUTLOOK ARTO HALONEN, GROUP CEO
Slide 16: Focus Areas in 2025
FOCUS AREAS IN 2025 Continue driving growth in Top hammer and Geotechnical BACK TO GROWTH through new product launches and channel expansion TRACK Recover Down the hole sales after weak 2024. Focus on expanding sales especially in North America, Australia and Africa. Improve end-to-end plannin
Slide 17: Financial Targets and Guidance 2025
FINANCIAL TARGETS AND GUIDANCE 2025 FINANCIAL TARGETS Robit’s long-term target is to grow faster than average market growth and achieve comparable EBIT profitability of more than 10%. Rolling 12 Long-term 2022 2023 months per target 31 Dec 2024 Comparable EBIT, % of net sales, p.a. >10% 2.7% -0.1% 2
Slide 18: Thank You!
THANK YOU! www.robitgroup.com