Auto Partner Sa · GPW:APR
Auto Partner Sa — Q1 2026 Earnings Presentation
29 slides from Auto Partner Sa's earnings presentation, May 21, 2026
Slide 1: Auto Partner Group Financial Results Q1 2026
Auto Partner Group Financial Results Q1 2026 21 May 2026
Slide 2: Disclaimer
Disclaimer This material is intended for information purposes only. It is not an advertisement or an offer of any publicly traded securities. The information presented in this material has been compiled from sources considered reliable and accurate by Auto Partner S.A., but there can be no assurance
Slide 3: Agenda
Agenda 1. About the Auto Partner Group 2. Market environment 3. Financial results 4. Summary www.autopartner.com 3
Slide 4: About the Auto Partner Group
About the Auto Partner Group
Slide 5: Management Board
Management Board Aleksander Górecki Andrzej Manowski Piotr Janta Tomasz Werbiński President of the Vice President of the Vice President of the Member of the Management Board, Management Board/Founder Management Board Management Board Chief Financial Officer Involved in the automotive industry since
Slide 6: Auto Partner Group at a glance
Auto Partner Group at a glance One of the largest distributors of automotive parts in Poland, with a nearly 10% market share International markets accounting for around 53% of sales Over 350,000 product references available Expanding distribution network with nearly 200,000 m2 of warehouse space Str
Slide 7: Successful business model – Poland
Successful business model – Poland broad product range premium brands, private label brands private label human resources brands almost 2,700 employees SUPPLIERS including OF FINISHED MaXgear sales PRODUCTS other brands sales support warehouse/logistics IT Repair 61% online workshops orders export d
Slide 8: Successful business model – exports
Successful business model – exports broad product range premium brands, private label brands private label human resources brands almost 2,700 employees SUPPLIERS including OF FINISHED MaXgear sales PRODUCTS other brands sales support warehouse/logistics IT online orders Approximately 99% of interna
Slide 9: Key developments in Q1 2026
Key developments in Q1 2026 9% increase in revenue, to over PLN 1.17 billion Growth recorded both in Poland (up 4.5%) and in international markets (up 13.4%) Solid profitability and rapid business growth achieved despite market challenges, with a gross margin of 27.8% posted for Q1 2026 Continued in
Slide 10: Well-developed distribution network
Well-developed distribution network IT-supported logistics, Domestic and export Network of enabling just-in-time sales handled from the 115 branch deliveries to central warehouse in geographically Bieruń and distribution offices centres in Zgorzelec, covering all dispersed customers, Poznań and Prus
Slide 11: Expanding warehouse space
Expanding warehouse space 52,000 m² 12,500 m² Distribution centre in Bieruń Warehouse in Pruszków 13,500 m² 5,000 m² Logistics and distribution centre Warehouse in Germany (HUB) in Poznań ca. 200,000 m² 24,000 m² 57,000 m² of warehouse space Warehouse in Mysłowice Local warehouses within 115 branch
Slide 12: Distribution centre in Zgorzelec
Distribution centre in Zgorzelec • The Group’s second-largest and most technologically advanced logistics and warehouse facility • Largest investment in the Group’s history, increasing available warehouse space by 33,000 m², or ca. 30% (excluding local branch warehouses) • Strategic location near th
Slide 13: Private label brands and exclusive brands contributing 17% of revenue
Private label brands and exclusive brands contributing 17% of revenue Private label brands Exclusive brands over 35,000 2,000 over 3,500 over 2,000 reference products products available reference products different applications for available available clutch sets 19 10 Braking system parts Power tra
Slide 14: Expanding proprietary workshop network
Expanding proprietary workshop network Network of Plans of major over 560 network NET PROFIT MaXserwis expansion affiliated workshops in 2026 198.9 PLN million -4% www.autopartner.com 14
Slide 15: Market environment
Market environment
Slide 16: Market environment
Market environment POLAND EUROPE (European Union) • 635 vehicles per 1,000 inhabitants in Poland (ACEA) • 646 vehicles per 1,000 inhabitants in the European • In Q1 2026, the number of new passenger car Union (ACEA) registrations rose by 6.9% year on year (KPMG/PZPM) • In 2025, new car registrations
Slide 17: Registered passenger cars
Registered passenger cars Finland Iceland 3,755,842 249,032 Norway 2,891,748 297,690,892 Sweden Estonia 4,976,987 869,666 United Kingdom Latvia passenger cars registered 32,914,842 Denmark 788,075 in 29 European countries 2,864,904 Lithuania 1,729,713 at the end of 2024 Ireland Netherlands 2,534,636
Slide 18: Financial results
Financial results
Slide 19: Q1 2026 results
Q1 2026 results REVENUE EBITDA EBIT NET PROFIT 1,170.0 104.6 88.1 62.1 PLN million PLN million PLN million PLN million +9% +47.2% +56% +58.3% www.autopartner.com 19
Slide 20: Strong sales growth in Q1 2026
Strong sales growth in Q1 2026 • Revenue up 9.0% year on year • Export sales accounting for a larger share of total revenue than domestic sales Q1 2026 sales (PLN million) Sales by geography (PLN million) 1 170,0 1 073,3 544,2 617,3 50.7% 52.8% Q1 2025 Q1 2026 49.3% 47.2% 552,8 529,1 Q1 2025 Q1 2026
Slide 21: Strong domestic and export sales
Strong domestic and export sales • Export sales up 13.4% year on year • Domestic sales up 4.5% year on year Export sales Domestic sales 38%* 42% 46% 50% 50% 50% 51% 53% 62% 58% 54% 50% 50% 50% 49% 47% * Contribution to 2 248,5 2 069,3 2 176,4 Group’s revenue 2 043,2 1 827,2 1 826,2 1 409,6 1 425,1 1
Slide 22: Continued business expansion
Continued business expansion • Record-high revenue of more than PLN 1.17 billion in Q1 2026 – • Key drivers supporting sales growth: • easing deflationary trends in product prices the best quarter in the Group’s history despite unfavourable weather • steadily optimised and improved customer service,
Slide 23: Solid profitability despite market headwinds
Solid profitability despite market headwinds • Gross margin higher than in Q1 2025 (27.8% vs 25.4%), driven by: • easing deflationary trends in product prices • faster order fulfilment and more efficient handling of growing sales in Western Europe, supported by the Zgorzelec distribution centre appr
Slide 24: Strong margin levels despite market pressure
Strong margin levels despite market pressure Profitability (%) 29,6 30,3 29,2 30,4 28,3 27,9 28,9 27,8 26,4 26,9 26,7 28,1 26,2 26,8 25,4 27,8 26,6 25,9 25,4 11,6 11,2 11,0 10,7 10,6 10,1 9,8 10,4 8,6 8,4 8,7 8,9 8,9 9,9 10,1 8,0 8,5 8,0 9,4 7,0 6,6 7,4 6,6 7,4 9,0 9,5 8,4 7,5 7,5 7,9 7,4 7,2 6,9 6,
Slide 25: Cash flow
Cash flow • Stable liquidity position of the Group Cash flow (PLN million) Operating cash flows Investing cash flows 158,2 115,7 Financing cash flows 20,8 Total cash flows -13,3 -5,6 -0,1 -81,6 -152,7 Q1 2025 Q1 2026 www.autopartner.com 25
Slide 26: Stable inventory levels
Stable inventory levels • Strong inventory turnover: 133 days vs 132 days the year before (as at 31 March 2026) Inventories* (PLN million) 1 281,7 1 198,3 1 217,1 1 144,0 1 132,0 1 144,7 1 078,0 1 113,5 993,8 981,3 1025,7 1 019,0 969,3 964,7 839,8 876,0 827,6 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q
Slide 27: Summary
Summary
Slide 28: Summary
Summary • Record-high revenue in the first quarter, exceeding PLN 1.17 billion • Solid profitability maintained despite market challenges • Low debt level (net debt / EBITDA = 1.3x) • Positive outlook for the automotive parts distribution market • Strong cost discipline and investments in process au
Slide 29: THANK YOU!
THANK YOU! ul. Ekonomiczna 20 43-150 Bieruń, Poland www.autopartner.com