Syensqo Sa/nv · EURONEXT:SYENS
Syensqo Sa/nv — Q2 2026 Earnings Presentation
26 slides from Syensqo Sa/nv's earnings presentation, Jul 30, 2026
Slide 1: Second Quarter 2026 Results
SECOND MIKE RADOSSICH CHIEF EXECUTIVE OFFICER QUARTER 2026 RESULTS CHRISTOPHER DAVIS CHIEF FINANCIAL OFFICER JULY 30, 2026
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements and forward-looking information, including statements regarding the Company’s expectations, plans, strategies, objectives, future events, and future financial performance. These statements are based on current expectations, estimates,
Slide 3: Agenda
AGENDA Q2 2026 REVIEW 1 Q2 2026 FINANCIAL REVIEW 2 LOOKING AHEAD 3 3
Slide 4: Second Quarter 2026 Review
MIKE RADOSSICH CHIEF EXECUTIVE OFFICER SECOND 1 QUARTER 2026 REVIEW 4
Slide 5: Second Quarter 2026 Highlights
SECOND QUARTER 2026 +5% YoY volumes HIGHLIGHTS NET SALES 1.55 € bn Flat YoY pricing Net sales increased 5% YoY[1], led by volume growth in Materials with 18% YoY growth in Composite Materials Specialty Polymers returned to YoY[1] volume and net GROSS PROFIT 528 € mn 34.0% margin sales growth Gross m
Slide 6: Becoming a Pure-Play Materials Company
BECOMING A PURE-PLAY MATERIALS COMPANY OTHER MATERIALS 72%[1] PERFORMANCE & CARE 26%[1] SOLUTIONS 2%[1] Specialty Composite Technology Aroma Novecare Polymers Materials Solutions Performance € 2.3 bn € 1.2 bn € 1.3 bn € 0.7 bn € 0.3 bn 2025 net sales 2025 net sales 2025 net sales 2025 net sales 2025
Slide 7: Progress Across Key Pillars
PROGRESS ACROSS KEY PILLARS 1 2 3 4 TRANSPARENCY EXECUTION INNOVATION DISCIPLINED CAPITAL EXCELLENCE POWERHOUSE DEPLOYMENT Announced new Market share Accelerating Focus on leadership gains in Diofan® Super B leveraging changes semiconductors for pharma existing & automotive packaging capacity Strate
Slide 8: Second Quarter 2026 Financial Review
CHRISTOPHER DAVIS CHIEF FINANCIAL OFFICER 2 SECOND QUARTER 2026 FINANCIAL REVIEW 8
Slide 9: Second Quarter 2026 Financial Results
SECOND QUARTER 2026 FINANCIAL RESULTS Underlying (€ million) Q2 2026 Q2 2025 Q1 2026 YoY change YoY organic QoQ change H1 2026 H1 2025 YoY change YoY organic Net sales 1,554 1,494 1,399 4.0% 4.7% 11.1% 2,953 3,006 -1.7% 1.6% Gross profit 528 493 444 7.1% - 19.0% 972 988 -1.7% - Gross profit margin 3
Slide 10: Second Quarter 2026 Performance by Segment
SECOND QUARTER 2026 PERFORMANCE BY SEGMENT € million Materials Performance & Care Other Solutions Net Sales Net Sales Net Sales EBITDA & Margin (%) EBITDA & Margin (%) EBITDA & Margin (%) 10
Slide 11: Second Quarter 2026 Underlying EBITDA
SECOND QUARTER 2026 UNDERLYING EBITDA Q2 2026 EBITDA (€ million) Q2 2026 EBITDA (€ million) Year-on-Year Sequential 331 0 0 331 0 2 10 5 311 311 51 -7 -6 -15 251 [1] [2] [2] Q2 2025 Scope FX Q2 2025 Materials P&C Other Corporate Q2 2026 Q1 2026 Materials P&C [1] Other Corporate Q2 2026 (constant sco
Slide 12: Capital Expenditure Discipline
CAPITAL EXPENDITURE DISCIPLINE[1] (€ million) Corporate Growth capex[2] Performance & Care Sustenance capex[3] Other Solutions ERP capex[4] Growth capital invested in: Materials ■ Expansion in non-fluorosurfactant 3 perfluoroelastomer portfolio (Tecnoflon) 20 ■ Fluorinated fluids (GaldenⓇ PFPE) for
Slide 13: Strong Financial Position
STRONG FINANCIAL POSITION Investment grade rating Underlying Net Debt GEARING[2] S&P Stable outlook €1.5 bn undrawn € 2.2 bn 25% BBB committed facilities Total cash € 2.1 bn & undrawn committed NET DEBT MOODY’S facilities leverage ratio[3] €0.7 bn Stable outlook cash[1] 1.9X Baa1 [1] Total cash = ca
Slide 14: Looking Ahead
MIKE RADOSSICH CHIEF EXECUTIVE OFFICER 3 LOOKING AHEAD 14
Slide 15: FY 2026 Outlook
FY 2026 EBITDA (UPDATED) OPERATING CASH FLOW OUTLOOK[1] AT LEAST € 1.1 bn ~€ 700 m ■ Low to mid-single ■ Working capital impact digit volume growth from higher expected volumes in H2 ■ Stronger year-on- year growth expected in H2 vs H1 CAPITAL ■ Continue to expect EXPENDITURE limited impact from Mid
Slide 16: Syensqo logo
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Slide 17: Thank You
THANK INVESTOR YOU RELATIONS Sherief Bakr Robbin Moore-Randolph +44 7920 575 989 +1 470 493 2433 Loïc Flament Eva Behaeghe +32 478 69 74 20 +32 474 49 23 50 investor.relations@syensqo.com 17
Slide 18: Supplementary Information
SUPPLEMENTARY INFORMATION 18
Slide 19: Second Quarter & First Half 2026 Key Figures
SECOND QUARTER & FIRST HALF 2026 KEY FIGURES IFRS Underlying (in € million) Q2 2026 Q2 2025 % YoY Q2 2026 Q2 2025 % YoY YoY organic Net sales 1,554 1,494 4.0% 1,554 1,494 4.0% 4.7% EBITDA 288 252 14.2% 311 331 -6.1% -6.2% EBITDA margin 18.5% 16.9% 160 bps 20.0% 22.1% -220 bps -310 bps EBIT 127 101 2
Slide 20: Second Quarter & First Half 2026 OCF Bridges
SECOND QUARTER & FIRST HALF 2026 OCF BRIDGES Q2 2026 Operating Cash Flow Bridge (€ million) H1 2026 Operating Cash Flow Bridge (€ million) 562 311 -118 -84 -82 -37 131 -78 -37 213 -34 -22 -37 Underlying Change in Change in Taxes & ERP project Operating Underlying Change in Change in Taxes & Separati
Slide 21: Segment Performance: Materials
SEGMENT PERFORMANCE Materials Q2 2026 Net Sales (€ million) Net sales increased 7% organically, driven by higher net sales in Composite Materials Year-on-Year and, to a lesser extent, in Specialty Polymers 57 6 960 Q2 Q2 Q1 YoY YoY QoQ H1 H1 YoY YoY Underlying (€ million) 2026 2025 2026 change organ
Slide 22: Segment Performance: Performance & Care
SEGMENT PERFORMANCE Performance & Care Q2 2026 Net Sales (€ million) Net sales were approximately stable on an organic basis compared to the second Year-on-Year quarter of 2025, as higher net sales in Technology Solutions were partially offset by slightly lower net sales in Novecare 6 Q2 Q2 Q1 YoY Y
Slide 23: Segment Performance: Other Solutions
SEGMENT PERFORMANCE Other Solutions Q2 2026 Net Sales (€ million) Year-on-Year Net sales increased 4% on an organic basis versus the second quarter of 2025, reflecting higher volumes and slightly lower pricing 5 79 76 0 0 76 Q2 Q2 Q1 YoY YoY QoQ H1 H1 YoY YoY -1 Underlying (€ million) 2026 2025 2026
Slide 24: Balanced Debt Maturity Profile
BALANCED DEBT MATURITY PROFILE In € or $ million or in % €600 €600 $600 $600 €5 00 5.85% 5.65% €2.23bn[1] @4.65% 4.00% 3.38% 2026 2027 2028 Jun 2030 2031 2032 2033 Jun Jun 2029 2034 2035 $ € $ € Senior Senior Senior Senior note Note note Note 24 [1] The face value of USD-denominated bonds was conver
Slide 25: Second Quarter 2026 Regional Sales Mix
SECOND QUARTER 2026 REGIONAL SALES MIX ASIA-PACIFIC & REST OF AMERICAS THE WORLD EUROPE 1 2 3 39% net sales 35% net sales 26% net sales +2.7% YoY +6.3% YoY +5.6% YoY [1] [1] [1] industrial industrial industrial 29 sites 11 sites 14 sites major major major 4 R&I centers 3 R&I centers 5 R&I centers 25
Slide 26: Glossary
GLOSSARY ■ Cash flow from operating activities, or Operating cash flow are those generated from/(used by) the principal revenue-producing activities of the Group and other activities that are not investing or financing activities ■ EPS is earnings per share ■ ERP Rebuild Project Costs: This signific