Slide 1: 9M24 results – Investors and analysts call
9M24 results Investors and analysts call October 31, 2024
Slide 2: TeraPlast Group structure in 2024
TeraPlast Group structure in 2024 Installation Granules Polyethylene pipes Rigid PVC recycling • Flexible packaging producer. Flexible packaging • Acquisition of 70% of Custom injected products Optiplast subject to EGMS Polyethylene pipes approval on November 14, 2024. PVC and Aluminum windows and d
Slide 3: Optiplast acquisition – about the company
Optiplast acquisition – about the company Founded in 1989, the company is located in Odra Sisačka, 40 km from Zagreb, 130 km from the border with Hungary, and 330 km from our subsidiary Polytech kft. Operational surface of more than 17.000 m2 Production : - Annual production capacity of cca. 5.000 t
Slide 4: Optiplast acquisition – structure of the transaction
Optiplast acquisition – structure of the transaction We negotiated taking over 70% of the capital of the company at the closing, with a call/put mechanism that allows us to acquire the rest of the capital after minimum 3 years from the closing. 1st step : 70% (end of 2024) 2nd step : 30% (starting a
Slide 5: Key information for Q1-Q3/2024
Key information for Q1-Q3/2024 • In Romania, infrastructure project financing slowed in Q3, causing payment and execution delays and limiting the installation segment’s performance. • The Austrian and Hungarian markets of the Wolfgang Freiler Group showed growth in Q3, but it was insufficient to off
Slide 6: TeraPlast Group results for Q1-Q3/2024
TeraPlast Group results for Q1-Q3/2024 TURNOVER VOLUMES 681,2 MLN. LEI 84.624 TONS TeraPlast Group's sales outside Romania have +32% vs 9M/’23 (517,4 mln. LEI) +49% vs 9M/’23 (56.671 tons) maintained their growth, reaching 172.4 million lei in the first nine months of 2024, compared to 86.6 million
Slide 7: 2024 Forecast
2024 Forecast • The 2024 forecast reflects increased production capacity and the expansion of the Group. • Market challenges throughout the year and the ramp-up of Opal stretch film production limit profitability. TURNOVER NET RESULT • We are implementing operational efficiency measures and continue
Slide 8: 2024 Forecast
2024 Forecast ➢ For 2024, TeraPlast Group estimates a turnover of RON 883.7 million, growth of 31% over 2023. ➢ EBITDA of RON 56,5 million, the Group's main driver still being the Installations & Recycling segment, followed by Compounds & Recycling, which had a considerable growth. Group EBITDA marg
Slide 9: 31,7% increase in turnover Q3 2024 vs Q3 2023
31,7% increase in turnover Q3 2024 vs Q3 2023 ➢ Price deflation in 2024 with 8,6% compared amounts in mil RON to 2023 is due to the decrease in raw material prices and in the cost of production, which have been transferred to the market. ➢ Installations and also recycled PVC volumes increased by ove
Slide 10: Q3 2024 Budget vs Results
Q3 2024 Budget vs Results ➢ Due to additional volumes of installation, stretch film and M&A, turnover is 5% above budget and 32% above and H1/2023. ➢ The gross margin increased by 28%, from RON 188 million in the first nine months of 2023 to RON 240 million in the same period of 2024. ➢ The main imp
Slide 11: Financial performance
Financial performance all amounts in thousands of RON unless otherwise specified • Significant growth in turnover and volumes: TeraPlast Group recorded a 32% increase in turnover and 49% increase in volumes sold compared to Q3/2023, driven by strategic investments and recent M&A. • EBITDA performanc
Slide 12: Financial performance
Financial performance The third quarter brought upon intensified pressure, especially from The increase in volumes on Compounds sales Significant Significant segment Western markets. This, along with fluctuations in public infrastructure Installations was decisive for increased, reflecting improveme
Slide 13: Financial performance – Balance-sheet summary
Financial performance Q3 2024| Balance-sheet summary Key aspects ➢ We have successfully completed the share capital increase through which we attracted EUR 20 million to finance the company's acquisitions and to cover the company's current needs. ➢ Working capital up slightly due to acquisitions. *T
Slide 14: Financial performance – Cash-flow summary
Financial performance Q3 2024| Cash-flow summary Bridge 30 September 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 45 million lei, mainly for the last components of the second stretch film line
Slide 15: Thank you!
WaN TeraPlast Thank you! www.teraplast.ro