Slide 1: H1/2022 Results
H1/2022 RESULTS July 26, 2022
Slide 2: Agenda
AGENDA TeraPlast Group structure H1/2022 news Market evolution Key figures H1/2022 Forecast 2022 Financial performance Q&A
Slide 3: TeraPlast Group Structure
TERAPLAST GROUP STRUCTURE Installation Compounds Rigid PVC recycling TeraPlast Industrial Park TeraPlast Industrial Park TeraPlast Industrial Park Leader of the exterior Leader of the Romanian Largest producer of micronized sewerage market market recycled PVC in Europe and among top 5 PVC recyclers
Slide 4: H1/2022 News
H1/2022 NEWS ➢ The shareholders approved the distribution of dividends from the net profit from the production activity of TeraPlast SA, related to quarters 2-4 of 2021 (32 million lei) ➢ We submitted a project through PNRR for the construction of a new photovoltaic plant (total project value approx
Slide 5: Market Evolution
MARKET EVOLUTION ➢ The construction market increased by 1,3% in the first 5 months of 2022 compared to the same period of 2021.* ➢ Engineering works, however, dropped by 10,8% in the same period (Jan-May 2022/2021).* ➢ The main causes remain delays, both in launching new Engineering works tenders an
Slide 6: Key Figures H1/2022
KEY FIGURES H1/2022 TeraPlast Group’s turnover increased in the first half of 2022, but at a lower pace than previous intervals. Export sales evolved excellently in H1/2022, reaching RON 63.8 million, a 79% increase compared to H1/2021. +37% -16% -42% TURNOVER EBITDA NET PROFIT EBITDA MARGIN 35,8 16
Slide 7: Key Figures H1/2022 by division
KEY FIGURES H1/2022 The main and traditional divisions in the Group had good developments even though the economic environment became incomparably more challenging compared to last year. H1 2022 Results INSTALLATION & RECYCLING RON, thousand Group Installation & Compounds, Windows Flexible ➢The larg
Slide 8: Forecast 2022
FORECAST 2022 The budget considered a much more favourable macroeconomic scenario, on a different trajectory than the one that materialized (none of the announced infrastructure programs have started: PNRR, Anghel Saligny and there are also delays in the POIM projects). For these reasons we have rev
Slide 9: Organic growth in turnover +37%
Organic growth in turnover +37% growth in turnover H1 2022 vs H1 2021 ➢ A significant proportion of the increase in turnover is due to price increases, as a result of higher production costs. ➢ The largest volume increases were in PVC pipes and recycled PVC micronised (TRP Recycling). ➢ The turnover
Slide 10: Financial Performance
FINANCIAL PERFORMANCE H1/2022 Summary P&L Var % Var % Net sales FY'2021 FY2022B vs PY 6M'21 6M'22 vs PY ▪ Increase in sales prices, volume increases and new RON '000 x products Net Sales x 615.111 708.361 15% 272.903 373.691 37% ▪ Exports were 17% of net sales in S1/2022 (13% in Other operating inco
Slide 11: Financial Performance - Segments
FINANCIAL PERFORMANCE Teraplast Group Installations and recycling Compounds Windows&Doors Flexible Packaging H1/2022 Summary P&L- Segments Var % 6M'21 6M'22 vs PY 6M'21 6M'22 Var % 6M'21 6M'22 Var % 6M'21 6M'22 Var % 6M'21 6M'22 RON '000 x Net Sales x 272.903 373.691 37% 182.242 249.703 37% 64.592 7
Slide 12: Financial Performance: Balance sheet summary
FINANCIAL PERFORMANCE H1/2022 | Balance sheet summary Key aspects • Investment payments were 44.3 million lei in H1 2022. • In 2022, the Group will invest in: - 10 million lei to improve production capacities - 22.6 million lei in renewable energy production - We will start the 56 million lei invest
Slide 13: Financial Performance: Cash flow summary
FINANCIAL PERFORMANCE H1/2022 | Cash flow summary Bridge 30 June 2022 ➢ The investments paid in H1 2022 are mostly co-financed by state aid, therefore the increase in net debts is temporary. ➢ In H2, the focus is on reducing working capital as response to the market context.
Slide 14: Questions received before the teleconference
Questions received before the teleconference 1. Regarding biodegradable packaging, what is the status of the contracts and tenders that have taken place? Did it succeed in entering certain large chains? What is contracted so far for 2022, in % how much does it represent of the target for 2022? 2. Re
Slide 15: Thank you!
www.teraplast.ro Thank you! SA WAN TeraPlast
Slide 16: Actualul material are caracter informativ şi îşi propune să prezinte într-un mod obiectiv compania
Actualul material are caracter informativ şi îşi propune să prezinte într-un mod obiectiv compania TeraPlast SA. Este interzisă reproducerea, distribuirea sau publicarea sub orice formă a conţinutului prezentului material de către orice persoană fără acordul prealabil al companiei. ©2021 TeraPlast S