Pt Semen Indonesia (persero) Tbk · IDX:SMGR
Pt Semen Indonesia (persero) Tbk — Q1 2026 Earnings Presentation
19 slides from Pt Semen Indonesia (persero) Tbk's earnings presentation, May 2026
Slide 1: 1Q 2026 Performance Earnings Call
1Q 2026 Performance Earnings Call PT Semen Indonesia (Persero) Tbk Jakarta, May 2026
Slide 2: Agenda
Macroeconomic Background 2 Operational Overview 4 1Q-2026 Financial Performance 10 Strategic Initiatives 15 Environmental, Social and Governance 17
Slide 3: Macroeconomic Background
Macroeconomic Background
Slide 4: Despite ongoing macro challenges, early recovery signals emerged in 1Q26
MACROECONOMIC BACKGROUND Despite ongoing macro challenges, early recovery signals emerged in 1Q26 Gross Domestic Product National and Property Loan Growth Growth (yoy) 7,59% 7,29% 7,48% 17,5% 5,81% 5,61% 5,12% 5.39% 5,11% 5,05% 4,95% 4,87% 5,04% 11,4% 13,0% 11,0% 10,4% 5,49% 9,7% 8,9% 5,02% 4,98% 4,
Slide 5: Operational Overview
Operational Overview
Slide 6: Q1-26 volume grew YoY, with domestic sales up 5.4%
PERFORMANCE HIGHLIGHTS Q1-26 volume grew YoY, with domestic sales up 5.4%, reflecting continued execution of revamped sales strategy Performance Highlights SIG Sales Volume +1.7% -16.8% ✓ Total sales volume grew 1.7% YoY to 8.71 Mn YTD 8,73 10,15 10,47 8,71 Tons in Q1-26, supported by continued Tota
Slide 7: Continued Strategy Execution Drives Outperformance, Led by Retail Growth in 1Q-2026
PERFORMANCE HIGHLIGHTS Continued Strategy Execution Drives Outperformance, Led by Retail Growth in 1Q-2026 Industry Demand Sales Volume SIG Domestic Sales Volume After a soft demand throughout FY-25 and 4Q-25, 1Q-26 saw a strong SIG demonstrated a stronger recovery in 1Q-26, with domestic volume pic
Slide 8: Despite price adjustments, domestic market share showed positive progress
OPERATIONAL PERFORMANCE Despite price adjustments that supported the increase in ASP, domestic market share showed positive progress ASP Movement Trend Market Share Trend Bag ASP Bulk ASP 7,0 46,1% 46,3% 50,0% +1.1% 6,5 45,0% Domestic market share 0.0% +2.4% increased YoY to 46.3% in 40,0% 6,0 6,5 3
Slide 9: Export begins to recover in Q1-26, with growth opportunities in new markets
OPERATIONAL PERFORMANCE Export begins to recover in Q1-26, with growth opportunities supported by new markets and expansion in existing destinating countries Export began to pick up in Q1-26 after softening in Q4-25 ...with ample room to explore further opportunities SIG Total Export -10.7% Volume +
Slide 10: 1Q 2026 Financial Performance
1Q 2026 Financial Performance
Slide 11: 1Q 2026 marked a solid start, with significant profit recovery
1Q 2026 FINANCIAL PERFORMANCE 1Q 2026 marked a solid start, with significant profit recovery despite modest cost pressure, reflecting improved operational discipline Total Revenue EBITDA Revenue increased by 8.3% YoY in Q1-26 to 8,29 Bn, supported by EBITDA declined slightly by 2.3% YoY, with margin
Slide 12: Total cost increased amid higher volumes and pressures in energy and distribution
1Q 2026 FINANCIAL PERFORMANCE Total cost increased amid higher volumes and pressures in energy and distribution COGS OPEX Total Cost 8.6% 8.7% 9.0% 1.716 7.841 7.859 6.093 6.619 1.349 1.476 1.277 1.392 6.380 9.317 9.575 7.371 8.012 7.729 2Q 25 3Q 25 4Q 25 1Q 25 1Q 26 2Q 25 3Q 25 4Q 25 1Q 25 1Q 26 2Q
Slide 13: Cost Increase Remained Contained Despite Rising Costs
1Q 2026 FINANCIAL PERFORMANCE Cost Increase Remained Contained Despite Rising Costs, Supported by Disciplined Cost Management COGS and OPEX increased, resulted from higher sales volume and pressures from energy and distribution ▲ 9.0% ▲9.0% Operating ▲ 8.6% Expenses Variable COGS COGS Increase was d
Slide 14: Financial position remained solid in 1Q-26, supported by disciplined leverage
FINANCIAL POSITION Financial position remained solid in 1Q-26, supported by disciplined leverage and resilient liquidity Higher cash generation with more Leverage remained well-controlled, Healthy interest coverage and stable disciplined working capital management with continued deleveraging trend c
Slide 15: Strategic Initiatives
Strategic Initiatives
Slide 16: Transformation strategy continues to deliver traction in 1Q 2026
STRATEGIC INITIATIVES Transformation strategy continues to deliver traction in 1Q 2026, supporting ongoing performance improvement Key Strategic Focus 2026 Key Results in 1Q-26 ▲5.4% Derivative & Domestic Sales Volume (1Q-26) Cement Building vs industry 5.0% Cost Leadership Resources & Business Mode
Slide 17: Leading the industry transformation towards sustainability
“Leading the industry transformation towards sustainability” @sig.id Semen Indonesia Semen Indonesia @semenku PT Semen Indonesia (Persero) Tbk. South Quarter, Tower A, Floor 19-20 Jl. RA. Kartini Kav. 8, Jakarta Selatan 12430, Indonesia
Slide 18: Attachment – Environmental, Social & Governance
ATTACHMENT – ENVIRONMENTAL, SOCIAL & GOVERNANCE
Slide 19: Positive progress continues as SIG stays on track in achieving Sustainability targets
SUSTAINABILITY Positive progress continues as SIG stays on track in achieving Sustainability targets CO2 Emission Intensity Scope 1 – From Internal Process Increase Alternative Fuel & Raw Material (AFR) Use (KgCO2/Ton cement eq.) Thermal Substitution Rate (TSR) from ▪ Investment in AFR Pre-processin
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