Exel Composites Oyj · OMXHEX:EXEL
Exel Composites Oyj — Q1 2025 Earnings Presentation
14 slides from Exel Composites Oyj's earnings presentation, May 8, 2025
Slide 1: Business Review Q1 2025
Business Review Q1 2025 A GOOD START TO 2025: ORDER INTAKE, REVENUE AND ADJUSTED OPERATING PROFIT CONTINUED TO IMPROVE
Slide 2: Business Review Q1 2025 Financial briefing
Business Review Q1 2025 Financial briefing, 8 May 2025 Paul Sohlberg Mikko Rummukainen President and CEO CFO 2 Business Review Q1 2025
Slide 3: Q1 2025 highlights: Good start to the year
Q1 2025 highlights: Good start to the year w Order intake increased by 21% to EUR 34.6 million – Secured approx. EUR 10 million order to a major wind turbine manufacturer in South Asia w Revenue increased by 8% to EUR 25.3 million – Growth especially in Transportation and Buildings and infrastructur
Slide 4: Q1 financial highlights
Q1 financial highlights Order intake Revenue Operating profit Adj. operating profit Adj. operating profit EUR million EUR million EUR million EUR million % 34.6 +20.9% 25.3 +8.2% 0.1 0.7 2.7% (28.6) (23.4) (-0.6) (-0.6) (-2.4%) Order intake, EUR million Revenue, EUR million Adjusted operating profit
Slide 5: Order intake improved by 21%
Order intake improved by 21% w Business climate improved during Q1 Order intake Order backlog 03/25 EUR million EUR million w Customer activities successful across multiple customer industries 34.6 43.3 w Order worth EUR 10 million from a major wind turbine (28.6) +20.9% (34.9) +24.1% manufacturer i
Slide 6: Two strategic focus areas reported revenue growth
Two strategic focus areas, Transportation and Buildings and infrastructure, reported revenue growth w Transportation grew 38% Revenue by customer industry, Revenue by customer industry, ahead of the closure of the EUR million % Belgium factory 25,3 w Buildings and infrastructure 23,4 5,9 grew 13% du
Slide 7: Adjusted operating profit improved to EUR 0.7 million in line with guidance
Adjusted operating profit improved to EUR 0.7 million in line with guidance 6 12% w Revenue growth increased adjusted operating profit Adjusted operating profit, EUR million Adjusted operating profit margin, % 4 8% w Profitability further improved thanks to 2 4% 2,7 % – actions to optimize capacity
Slide 8: ESBU: Revenue increased by 10% to EUR 21.1 million
ENGINEERED SOLUTIONS BUSINESS UNIT (ESBU) Revenue increased by 10% to EUR 21.1 million w Higher demand across multiple customer industries and a generally improved business climate w Growth especially in the Buildings and infrastructure customer industry w Market for tube-based pultruded profiles al
Slide 9: ISBU: Order of EUR 10 million to a wind turbine manufacturer
INDUSTRIAL SOLUTIONS BUSINESS UNIT (ISBU) Order of EUR 10 million to a wind turbine manufacturer in South Asia w Revenue on comparison period’s level w ISBU’s market developed favorably, especially in the Energy customer industry w Order of EUR 10 million received to a wind turbine manufacturer in S
Slide 10: Production in the new India factory being ramped up
Production in the new India factory being ramped up w New factory of Exel Composites' joint venture Kineco Exel Composites India (KECI) completed on time in December 2024 w Factory manufactures composites with pultrusion and is optimized for serving wind power industry in India and globally Progress
Slide 11: Guidance for 2025 unchanged
Guidance for 2025 unchanged Exel Composites expects revenue to increase and adjusted operating profit to increase significantly in 2025 compared to 2024. 11 Business Review Q1 2025
Slide 12: Financial reporting in 2025
Financial reporting in 2025 w Half Year Financial Report Q1-Q2 2025: 14 August 2025 w Business Review Q1-Q3 2025: 6 November 2025 Full investor calendar at investors.exelcomposites.com/investors/investor-calendar/ 12 Business Review Q1 2025
Slide 13: Thank you!
exel COMPOSITES Thank you! Q&A FOR FORWARD THINKERS
Slide 14: For Forward Thinkers
FOR FORWARD THINKERS exel COMPOSITES