Syensqo Sa/nv · EURONEXT:SYENS
Syensqo Sa/nv — FY2023 Earnings Presentation
13 slides from Syensqo Sa/nv's earnings presentation, Mar 12, 2024
Slide 1: Full Year 2023 Results
Full Year 2023 Results DR. ILHAM KADRI Chief Executive Officer → Milestone year → Ebitda in-line with outlook → Acceleration of investments CHRISTOPHER DAVIS Chief Financial Officer March 12, 2024
Slide 2: The largest Specialty Materials company was born
The largest Specialty Materials company was born 99.53% positive Votes Dec, 8th, 2023 60% women Rosemary Thorne in the Board Independent Chair LISTING OF SYENS on EURONEXT DEC 11th 2023
Slide 3: We are explorers creating breakthroughs that advance humanity
1st Solvay We are Conference 1911 explorers creating breakthroughs that advance humanity Walther Nernst, Hendrik Antoon Lorentz, Ernest Solvay, Marcel Brillouin, Emil Warburg, Jean Baptiste Perrin, Wilhelm Wien, Marie Skłodowska-Curie and Henri Poincaré. Standing (from left to right): Robert Goldsch
Slide 4: Syensqo Official Partner of DS Penske FE for 3 Seasons
Syensqo Official Partner of DS Penske FE for 3 Seasons Partnership Announcement on January 9, 2024 4
Slide 5: The First Non-Stop Hydrogen Flight Around the Globe
The First Non-Stop Hydrogen Flight Around the Globe A voyage that will change sustainable science and air travel forever
Slide 6: Dream Big for the Next Generation
Dream Big for the Next Generation
Slide 7: Top quartile performance over the last years
Top quartile performance over the last 2 years € 6.8bn € 1.6bn ■ -11% volumes 23.7% margin +1% pricing +10 bps YoY ■ Further net pricing benefits with >€850m generated over last three years ■ Strong cash flow supported accelerated investments to drive long-term market share growth Strong balance she
Slide 8: Focus on quality of market share
■ Focus on quality of market share ■ Lower volumes, esp. in Novecare & Aroma ■ Customer destocking in Agro, Building, Food ■ Sequential stability in Q4’23 with improving ■ Positive net pricing outlook ■ EBITDA margin expansion to 32.8% ■ Strong YoY growth in Composite Materials; Aero and defence up
Slide 9: Top quartile performance over the last two years
Top quartile performance over the last two years Sales growth EBITDA growth ROCE improvement (rebased to 100 in 2021) (rebased to 100 in 2021) (rebased to 100 in 2021) Peers avg. 104 Peers avg. 96 Peers avg. 91 [1] Peers group comprises: Akzo Nobel, Ashland, Avient, Celanese, Clariant, Croda, EMS Ch
Slide 10: FY 2024 EBITDA and Free Cash Flow outlook
FY 2024 EBITDA and Free Cash Flow outlook FY 2023 FY 2024 OUTLOOK YoY EBITDA DRIVERS € € 1.62 ● Similar demand dynamics to Q4 2023, with flattish overall EBITDA[3] billion 1.4-1.55 volumes ● €50-100 million net pricing reduction billion ● Dissynergies (~€30 million) in 2024 related to separation ● R
Slide 11: Recent announcements: Sustainable solutions
Recent announcements: Sustainable solutions Presence at JEC Partnerships Partnership Launch of Launch of Partnership Composites with Schiebel with Trilium Swyft-Ply™ Transfoamer™ with TOMRA and Manna product line showcasing our creating composites for sorting of cutting edge enabling electric sustai
Slide 12: One Planet roadmap: 50% of carbon reduction targets already achieved
One Planet roadmap 50% of carbon reduction targets already achieved CLIMATE GROWTH BETTER LIFE Carbon Neutrality by 2040 Safety Gender 40% reduction 23% reduction 18% of Circular sales Aim for parity Scope 1 & 2 Scope 3 Focus 5[1,2] emissions by 2030[3] zero RIIR[4] by 2033[5] by 2030[1] by 2030 20%
Slide 13: \\ EW
\\ EW