Slide 1: POLYTEC Group Results Q3 2024
POLYTEC GROUP Hörsching, 14 November 2024 Results Q3 2024
Slide 2: Agenda
AGENDA Financials Q3 2024 & Outlook 2024 FY Mastering challenges. Seizing opportunities. Appendix ▫ Financial figures Q1-Q3, Q3 2024 in detail ▫ Automotive Market January to September 2024 ▫ ESG - Sustainability ▫ POLYTEC at a glance 2
Slide 3: Key Figures Q1-Q3 2024
KEY FIGURES Q1-Q3 2024 Group sales revenues amounted to Earnings after tax minus EUR 7.4 million EUR 507.1 million (Q1-Q3 2023: minus EUR 8.7 million) (Q1-Q3 2023: EUR 485.2 million) Earnings per share minus EUR 0.32 EBITDA amounted to EUR 24.9 million (Q1-Q3 2023: minus EUR 0.40) (Q1-Q3 202
Slide 4: Sales Revenues by Market Area Q1-Q3 2024
SALES REVENUES BY MARKET AREA Q1-Q3 2024 EUR 507.1 M (+4.5% YOY) etc. 13.5% 13.8% Passenger Cars & Light EUR m 368.4 72.7% Commercial Vehicles Commercial Vehicles EUR m 70.1 Smart Plastic & Industrial Applications EUR m 68.6 etc. 4
Slide 5: Mastering Challenges. Seizing Opportunities.
MASTERING CHALLENGES. SEIZING OPPORTUNITIES.
Slide 6: Mastering Challenges: Setback in Q3
MASTERING CHALLENGES: SETBACK IN Q3 Market environment Setback in Q3, after earnings turnaround in Q1 uncertainties increasing and positive progress in Q2 ‘Painted exterior’ business area requires a Decreases in registrations of disproportionately high capital investment and an POLYTEC MARKET cars i
Slide 7: Sales Revenues, EBIT Margin – Quarterly
SALES REVENUES, EBIT MARGIN – QUARTERLY 172,3 177,3 Sales 150,8 157,5 in EUR m 145,6 +0.8% +1.1% +1.4 +2.0 -1.3% EBIT margin -2.0% -2.0 EBIT -3.0 -2.7% in EUR m -4.0 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Equity ratio 42.0% 41.4% 40.7% 41.0% 40.1% 7
Slide 8: Seizing Opportunities
SEIZING OPPORTUNITIES POLYTEC SOLUTION FORCE Products highly appreciated in the market promising order backlog e.g. thermal management, tractors, reusable logistics containers Innovation e-mobility, sustainability, recyclability POLYTEC UK ▫ 2 new assembly and sequencing centres, expansion o
Slide 9: Proactive Transformation of the Product Portfolio
PROACTIVE TRANSFORMATION OF THE PRODUCT PORTFOLIO 9
Slide 10: Financial Market
FINANCIAL MARKET
Slide 11: Shareholder Structure and Research Coverage
SHAREHOLDER STRUCTURE SINCE 13 SEPTEMBER 2024 RESEARCH COVERAGE Institute Price Rating (beginning of Nov. 2024) target BAADER-Helvea Research, Munich Buy EUR 7.0 ERSTE Group Research, Vienna Hold EUR 4.7 M.M.Warburg Research, Hamburg Hold EUR 4.0 Raiffeisen Research, Vienna Buy EUR 5.0 Average price
Slide 12: POLYTEC Share Price: YTD 30.09.2024 & 08.11.2024
POLYTEC SHARE PRICE: YTD 30.09.2024 & 08.11.2024 12
Slide 13: Book Value Exceeding Market Capitalisation
BOOK VALUE EXCEEDING MARKET CAPITALISATION Market capitalisation: ~ EUR 52 million Balance sheet total: 532 EUR million Shareholders‘ equity: 213 EUR million Equity ratio: 40.1% Tangible assets: 223 EUR million Interest bearing liablilities: 158 EUR million +High level of order backlog of innovative
Slide 14: The Equity Story of the POLYTEC Group
THE EQUITY STORY OF THE POLYTEC GROUP Specialist > SUSTAINABLE for highly STRATEGY complex plastic > HIGH ADAPTABILITY solutions > BROAD TECHNOLOGY PORTFOLIO > STABLE ECONOMIC POSITION 14
Slide 15: Updated Outlook 2024 FY
UPDATED OUTLOOK 2024 FY At the time of the publication of the half-year results for the 2024 financial year, the management of POLYTEC Holding AG assumed planned sales revenues of between EUR 660 million and EUR 710 million and aimed for an EBIT margin of around 2% to 3%. The third quarter is usuall
Slide 16: Appendix
APPENDIX PASSION CREATES INNOVATION POLYTEC
Slide 17: Financials Q1-Q3 2024 in Detail
FINANCIALS Q1-Q3 2024 IN DETAIL
Slide 18: Key Figures Quarterly – From Q3 2023 to Q3 2024
KEY FIGURES QUARTERLY – FROM Q3 2023 TO Q3 2024 18
Slide 19: Cons. Income Statement Q1-Q3/Q3 2024 vs 2023
CONS. INCOME STATEMENT Q1-Q3/Q3 2024 VS Q1-Q3/Q3 2023 19
Slide 20: Cons. Balance Sheet 30.09.2024 vs 31.12.2023 Assets
CONS. BALANCE SHEET 30.09.2024 VS 31.12.2023 ASSETS 20
Slide 21: Cons. Balance Sheet 30.09.2024 vs 31.12.2023 Equity & Liabilities
CONS. BALANCE SHEET 30.09.2024 VS 31.12.2023 EQUITY & LIABILITIES 21
Slide 22: Cons. Cash Flow Statement Q1-Q3 2024 vs 2023 – 1
CONS. CASH FLOW STATEMENT Q1-Q3 2024 VS Q1-Q3 2023 – 1 22
Slide 23: Cons. Cash Flow Statement Q1-Q3 2024 vs 2023 – 2
CONS. CASH FLOW STATEMENT Q1-Q3 2024 VS Q1-Q3 2023 – 2 23
Slide 24: Automotive Market Jan – Sept 2024
AUTOMOTIVE MARKET JAN – SEPT 2024
Slide 25: Passenger Car Registrations Worldwide YTD September 2024
PASSENGER CAR REGISTRATIONS WORLDWIDE YTD SEPTEMBER 2024 Full Year Comparison with pre-crises year 2019, figures beyond current reporting period based on estimates 24/19: -7.1% USA 24/19: +4.8% China 24/19: -16.6% 11 688 300 +0.7% EU +EFTA+UK 9 779 600 15 558 200 24/19: +13.6% +1.0% +2.0% Mexico 24/
Slide 26: Passenger Car Production Worldwide Full Year Forecast 2024
PASSENGER CAR PRODUCTION WORLDWIDE FULL YEAR FORECAST 2024 Full Year Comparison with pre-crises year 2019, figures beyond current reporting period based on estimates 24/19: +21.2% China 24/19: -18.6% North America 24/19: -5.2% EU +EFTA+UK 15 630 000 29 060 000 15 470 000 -6.5% +1.0% -1.4% 24/19: -14
Slide 27: New Passenger Car Registrations in Europe – September 2024
NEW PASSENGER CAR REGISTRATIONS IN EUROPE – SEPTEMBER 2024 „BIG 5“ YTD YTD % Germany 2 116 074 -1.0% UK 1 514 094 +4.3% France 1 265 902 -1.8% Italy 1 202 447 +2.1% Spain 744 698 + 4.7% EU + EFTA + UK 9 779 605 + 1.0% September 2024 (YoY September 2023) Germany -7.0% UK +1.0% France -11.1% Italy -10
Slide 28: New Passenger Car Registrations by Fuel Type 2017 – September 2024
NEW PASSENGER CAR REGISTRATIONS IN EU+EFTA+UK BY FUEL TYPE 2017 – September 2024 14,5% 11,9% 10,8% 17,6% 30,3% 26,2% 35,6% 44,0% 35,7% 34,1% 36,7% 40,4% 48,4% 58,5% 56,5% 32,4% 34,2% 37,9% 50,3% 29,4% 52,4% 55,1% 48,8% 17,4% 42,0% 7,2% 25,4% 14,0% 10,3% 15,7% 14,7% 5,1% 3,8% 7,9% 11,2% 2,3% 6,3% 5,7
Slide 29: New Commercial Vehicles Registrations, EU+EFTA+UK
NEW COMMERCIAL VEHICLES REGISTRATIONS, EU+EFTA+UK January - September 2024 Light Medium Heavy Medium and Market Share Commerical Commercial Commercial Heavy Buses EU + EFTA + EU + EFTA + UK Vehicles Vehicles Vehicles and Coaches UK <= 3.5t > 3.5t bis <= 16t > 16t > 3.5t Units 1 484 698 57 107 241 10
Slide 30: ESG Sustainability
ESG SUSTAINABILITY
Slide 31: Sustainability @POLYTEC
SUSTAINABILITY @POLYTEC GO NEUTRAL 2035 POLYTEC’S PATHWAY ENERGY PEOPLE tps), Tea” “8 sustaingellity CUSTOMERS — ECONOMICALLY FEASIBLE SS lo Dm | f 2020 SUPPLY CHAIN GoNeutral oo rare: Securing and cwaicbitu of (pg Neen resources menses carbor-navtrl sect stable geopolitical and TO DECARBONISATION &
Slide 32: ESG / Taxonomy Figures 2023 FY
ESG / TAXONOMY FIGURES 2023 FY 32
Slide 33: POLYTEC at a Glance
POLYTEC AT A GLANCE Technology-independent developer and manufacturer of high-quality plastic solutions ~3,900 636 MIO >37 YEARS Automotive and EMPLOYEES SALES REVENUES OF EXPERIENCE non-automotive industry 33
Slide 34: Technological Diversity and Production Expertise
TECHNOLOGICAL DIVERSITY AND PRODUCTION EXPERTISE PRE- & THERMOPLASTICS COMPOSITES POLYURETHANE POST-PROCESSING Multi-component injection Production of glass fibre SMC PUR RRIM / RRIM lightweight Toolmaking moulding Production of carbon fibre SMC PUR rigid / semi-rigid Trimming & cutting (water jet,
Slide 35: Locations
LOCATIONS 18x in Europe 1x in Asia 1x in America 1x in Africa 35
Slide 36: Product Lines
TRUCK, BUS & AGRICULTURAL APPLICATIONS [L | | SMART PLASTICS & NEW MOBILITY POWERTRAIN SOLUTIONS BATTERY APPLICATIONS PAINTED EXTERIOR & ACOUSTIC SOLUTIONS UNDERBODY SOLUTIONS.
Slide 37: We Create Added Value for Our Customers
WE CREATE ADDED VALUE FOR OUR CUSTOMERS Design & technical concept Development of material Simulation Construction & prototyping VALUE CREATION Tooling Testing & validation Industrialising Quality assurance Life cycle assessment 37
Slide 38: The Management Board
THE MANAGEMENT BOARD Markus Huemer, CEO/COO, (mid) Markus Mühlböck, CFO, (left) Peter Bernscher, Deputy Chairman/CCO, (right) 38
Slide 39: IR Contact
IR CONTACT: POLYTEC Holding AG Mr. Paul Rettenbacher – IRO CFO Markus Mühlböck (left) manages the IR agendas jointly E-Mail paul.rettenbacher@polytec-group.com with Investor Relations Manager Paul Rettenbacher (right). T +43 7221 701-292