Slide 1: H1 2024 results
H1 2024 results Analysts and investors call August 1, 2024
Slide 2: TeraPlast Group structure in 2024
TeraPlast Group structure in 2024 Installation Compounds 1.123 Consolidated starting Q1 Employees at Group level 2024 as of 30.06.2024 Rigid PVC recycling 196.000 to Total production capacity of the Group Flexible packaging Consolidated starting Q2 2024 PVC and Aluminum windows and doors Business li
Slide 3: Key information H1 2024
Key information H1 2024 General context • The demand in the infrastructure market in Romania has had a positive evolution, although there are still shortcomings such as delays in issuing the orders for work commencement for contracts funded by major programs. • The acceleration of projects funded by
Slide 4: Key information H1 2024 - Segment evolution
Key information H1 2024 Segment evolution • The Installations segment had an organic growth of 16% compared to H1/2023, driven by demand for infrastructure projects. • The Wolfgang Freiler Group and Palplast Moldova contributed almost 40 million lei to the Group's results in H1/2024. • The Compounds
Slide 5: TeraPlast Group H1/2024 results
TeraPlast Group H1/2024 results TURNOVER QUANTITIES TeraPlast Group’s sales outside Romania 428 MLN. LEI 54.009 TONS doubled, from 48 mln LEI in H1 2023, to 100 mln LEI in H1 2024. +34% vs H1/’23 (320,5 mln. LEI) +57% vs H1/’23 (34.483 tons) EBITDA EBITDA MARGIN 26,9 MLN. LEI 6,3% +15% vs H1/’23 (23
Slide 6: 33,5% increase in turnover H1 2024 vs H1 2023
33,5% increase in turnover H1 2024 vs H1 2023 ➢ Price deflation in 2024 with 12,7% compared to 2023 is due to the decrease in raw material prices and in the cost of production, which have been amounts in mil RON transferred to the market. ➢ Installations and also recycled PVC volumes increased by ov
Slide 7: H1 2024 Budget vs Results
H1 2024 Budget vs Results ➢ Due to additional volumes of installation, stretch film and M&A, turnover is 13% above budget and 34% above and H1/2023. ➢ Gross margin decreased as a percentage (35% in H1/'24 vs. 37% in H1/'23) as part of the strategy to increase market share. ➢ Salaries and employee be
Slide 8: Financial performance
Financial performance • Significant growth in turnover and volumes: TeraPlast Group recorded a 34% increase in turnover and 57% increase in volumes sold compared to H1/2023, driven by strategic investments and recent M&A. • EBITDA performance: EBITDA increased by 15%, although EBITDA margin fell to
Slide 9: Financial performance
Financial performance The increase in volumes Compounds sales We continued to focus The segment doubled In H1 2024, TeraPlast Group recorded significant growth in on Installations was increased, reflecting on non-retail projects, its turnover due to sales and volumes sold, supported by strategic inv
Slide 10: Financial performance - Balance-sheet summary
Financial performance H1 2024| Balance-sheet summary Key aspects ➢ Debt ratio will fall below 5 by the end of the year (Net debt: 346 million lei/ EBITDA: 72 million lei). ➢ Working capital up slightly due to acquisitions. *Turnover and EBITDA from the last 12 months
Slide 11: Financial performance - Cash-flow summary
Financial performance H1 2024| Cash-flow summary Bridge 30 June 2024 ➢ We paid 79 million lei for M&A - Freiler Group net of purchased cash. ➢ Out of the planned CapEx of 54 million lei planned for this year, we paid 24 million lei, mainly for the last components of the second stretch film line and
Slide 12: Thank you!
WN TeraPlast & Thank you! erty ii |