Slide 1: Q1 results
April 25th, 2019 Qi results TERA PLAST GRouP
Slide 2: TeraPlast Group structure
TERAPLAST GROUP TERAPLAST SA TeraSteel Depaco TeraGlass TeraSteel DOO Serbia TeraPlast Hungary TeraPlast Recycling 67% / 99% 98% 100% 100% 100% 100% *During 2017, the TeraPlast SA acquired a 67% shareholding in Depaco and concluded a call-put option that will be executed within the next 4 years. Sin
Slide 3: Contents
CONTENTS MACROECONOMIC OUTLOOK KEY FIGURES & HIGHLIGHTS 2019 BUDGET
Slide 4: Contents
CONTENTS MACROECONOMIC OUTLOOK KEY FIGURES & HIGHLIGHTS 2019 BUDGET
Slide 5: Macroeconomic Outlook: Euro Area
MACROECONOMIC OUTLOOK Euro Area: • In February 2019 compared with January 2019, seasonally adjusted production in the construction sector increased by 3.0% in the euro area (EA19) and by 2.3% in the EU28
Slide 6: Macroeconomics Outlook: Romania
MACROECONOMICS OUTLOOK Romania: • REVENUE sector increased The volume of output in the construction EBITDA by 9,8%MARGIN in February, compared to the previous month (January 2019) and by 3,2% compared to the same period of last year (February 2018) • 422.2 9.9 % The biggest increase was registered b
Slide 7: Contents
CONTENTS MACROECONOMIC OUTLOOK KEY FIGURES & HIGHLIGHTS 2019 BUDGET
Slide 8: Key Figures & Highlights
KEY FIGURES & HIGHLIGHTS Q 1 EBITDA REVENUE REVENUE EBITDAMARGIN EBITDA MARGIN 2 0 7.5 131.1 422.2 9.9 6% % 1 mil. RON mil. RON mil. RON 8 Q 1 EBITDA REVENUE EBITDA REVENUE EBITDA MARGIN MARGIN 2 0 65.1 13.2 174.9 804.9 8.1% 8% 1 mil. RON mil. RON mil. RON 9
Slide 9: Key Figures & Highlights: results by segment
KEY FIGURES & HIGHLIGHTS all amounts in million RON Operating Operating EBITDA % EBITDA EBITDA % EBITDA Segment income REVENUE income EBITDA MARGIN Q1 2018 Q1 2018 Q1 2019 Q1 2019 Q1 2018 Q1 2019 Roof systems (Wetterbest) Sandwich panels (TeraSteel) -0.8 3.7 422.2 25.6 -3% 9.9 % 1.3 44.2 3% mil.47.8
Slide 10: TeraPlast's Installation business: EBITDA margin by segment
KEY FIGURES & HIGHLIGHTS In Q1 there were 3 main EBITDA drivers: • REVENUE TeraPlast’s Installation business line sold higher value added products • TeraSteel Serbia reached normal course of business • Wetterbest increased in volumes, above break even EBITDA Margin by segment Q1 2018 vs Q1 2019 14%
Slide 11: Highlights: TeraSteel & Wetterbest
HIGHLIGHTS TeraSteel & Wetterbest Wetterbest Growth based on the: - Improvement of the commercial policy and structure - Increase in trading activity - Development of the industrial segment TeraSteel Growth based on the: - Consolidation of the existing partnerships - Development of the client portfo
Slide 12: Highlights: TeraPlast & TeraGlass
HIGHLIGHTS TeraPlast & TeraGlass TeraPlast Growth based on the: - Increase of the PVC and PE pipes sales for water & sewage infrastructure projects - Increase in traded materials related to infrastructure market - Higher value added products Starting with April 2019, the recycling business line was
Slide 13: Contents
CONTENTS MACROECONOMIC OUTLOOK KEY FIGURES & HIGHLIGHTS 2019 BUDGET
Slide 14: Growth Premises
GROWTH PREMISES Market share increases: • Potential to increase TeraSteel market REVENUEshare in Central and Eastern Europe EBITDA MARGIN • Compound and joinery profiles areas have a favourable market landscape • Wetterbest and TeraGlass act on markets with many players, most smaller players 422.2 9
Slide 15: 2019 Budget
2019 BUDGET A F EBITDA VENITURI REVENUE MARJA MARGIN EBITDA EBITDA 2 0 65.1 804.9 422.2 9.9 8.1%% 1 mil. RON mil. RON mil. RON 8 A F EBITDA REVENUE EBITDA MARGIN VENITURI MARJA EBITDA 2 0 65.1 88.9 977.5 804.9 8.1% 9.1% 1 mil. RON mil. RON mil. RON 9
Slide 16: 2019 Budget by segment
2019 BUDGET all amounts in million RON EBITDA Margin Variation Revenue Variation Segment EBITDA 2019 2019 (%) vs 2018 2019 vs 2018 Sandwich Panels 31.70 9.30% 19% 340.82 30% (TeraSteel) Roof systems 22.25 8.50% 51% 260.82 18% (Wetterbest) Installations 19.15 9.10% 93% 209.67 21% (TeraPlast) Compound
Slide 17: 2019 Budgeted growth
2019 BUDGET 2019 Budgeted growth (thousand lei) 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 Sandwich panels Metallic roof tiles Installations Compounds PVC joinery Windows & Doors profiles Budgeted growth 2018 turnover
Slide 18: Disclaimer
The present material is intended for informational purposes only and aims at presenting Teraplast SA and its businesses in an objective manner. The present material may not be reproduced, summarized or disclosed, in whole or in part, without the prior written authorization of Teraplast SA, Teraplast