Slide 1: 2023 results
2023 results Investors & analysts call February 13, 2024
Slide 2: Agenda
AGENDA 1. TeraPlast Group structure in 2024 2. About the acquired companies 3. 2023 results 4. 2024 Budget 5. Financial performance
Slide 3: TeraPlast Group structure in 2024
TeraPlast Group structure in 2024 Following the two Rigid PVC recycling acquisitions, starting 2024, the Group structure Micronized recycled PVC Regranulated recycled PVC will include Installation Compounds Complete systems for: ✓ Interior sewage ✓ Exterior sewage ✓ Water & gas transport & distribut
Slide 4: About the acquisitions: Palplast Moldova
About the acquisitions: Palplast Moldova 6.700 sqm >3.800 to/year 25 The factory is located in the city of Călărași, Republic of Moldova, situated on both banks of the Bîc river, 67 km northwest of Chișinău, 59 km from the border with Romania, and 130 km from the border with Ukraine. It is an indust
Slide 5: About the acquisitions: Wolfgang Freiler Group
About the acquisitions: Wolfgang Freiler Group 1. Perimeter of the transaction • The perimeter of the transaction is extended to 6 companies due to the existing structure. There are 3 essential components of the transaction: 100% • Wolfgang Freiler - a trading company from Austria and the parent com
Slide 6: About the acquisitions: Wolfgang Freiler Group
About the acquisitions: Wolfgang Freiler Group 2. Key information – business overview Compact business model with modern production facilities. ✓Export-oriented history and entry into new markets, lean organizational structure, skilled and results-oriented team, consistent product quality, formation
Slide 7: About the acquisitions: Wolfgang Freiler Group
About the acquisitions: Wolfgang Freiler Group 2. Key information – the two factories 83.000 sqm >3.800 to/year 83 The factory is located in Nagykanizsa, southwestern Hungary, near the border with Croatia and Slovenia, 215 km from Budapest and 140 km from Zagreb. The industrial park has infrastructu
Slide 8: 2023 Market context
2023 Market context We have faced a macroeconomic environment full of challenges and a difficult market context. Engineering works increased by 31.4% in the January-November 2023 period compared to the same period in 2022, with the growth being particularly noticeable towards the end of the period.
Slide 9: Results relatively similar to 2022
Results relatively similar to 2022 TURNOVER EBITDA EBITDA MARGIN 672,3 MLN. LEI 51,4 MLN. LEI 7,6% -5% compared to 2022 (711,1 mln LEI) -3% compared to 2022 (52,7 mln. LEI) +0,2pp compared to 2022 (7,4%) NET PROFIT GROSS MARGIN QUANTITIES 1,1 MLN. LEI 37% 75.346 TONS -93% compared to 2022 (15,4 mln.
Slide 10: Key premises for 2024
Key premises for 2024 ▪ We will pursue cautious organic growth following the experience of recent years. ▪ For infrastructure works, fueled by public and European funds, a positive evolution is expected. ▪ The share of main expenses in turnover will be similar to that of 2023. The same goes for the
Slide 11: -5,5% decrease in turnover 2023 vs 2022
-5,5% decrease in turnover 2023 vs 2022 ➢ Price deflation in 2023 compared to 2022 is due to the decrease in raw material Values in RON, mln prices and in the cost of production. ➢ The net volume increases on Installations. Segments with increases since Q3: PE pipes, fittings, Neoter, TeraDuct, roto
Slide 12: Financial performance
Financial performance In 2023, TeraPlast Group navigated through a challenging The segment had positive The segment experienced a The segment reduced The only one with a macroeconomic environment, maintaining its EBITDA at 7.6% and performances, with an EBITDA 40% sharp contraction in reliance on re
Slide 13: 2024 Budget - segments
2024 Budget - segments Cifra de afaceri pe segmente Net sales EBITDA EBITDA pe segmente For this year, TeraPlast Group presents a budget with moderated organic growth, based on the prior years experience and the current macroeconomic context. The expectations are that several market segments will fa
Slide 14: 2024 Budget - quarters
2024 Budget - quarters ➢ The turnover as well as the EBITDA budgeted will increase consistently, which will be mainly the effects of the M&A operations and the new stretch film business. ➢ For the Installation segment, domestic infrastructure projects are expected to grow in 2024 as well. ➢ TeraGlas
Slide 15: Financial performance
Financial performance 2023| Balance-sheet summary Key aspects Investment payments were 104 million lei in 2023. For 2024, we plan to invest 53 million lei. This year we received 24 million lei in state aid. Next year we will collect 34 million lei. Net working capital will increase slightly in 2024
Slide 16: Financial performance
Financial performance 2023| CF summary Bridge 31 Dec 2023 Bridge 31 Dec 2023
Slide 17: Thank you!
WN TeraPlast & Thank you! erty ii |