Teraplast Sa · BVB:TRP
Teraplast Sa — Q1 2025 Earnings Presentation
16 slides from Teraplast Sa's earnings presentation, May 14, 2025
Slide 1: Q1/2025 results – Investors & analysts call
Q1/2025 results Investors & analysts call May 14, 2025
Slide 2: TeraPlast Group structure 2025
TeraPlast Group structure 2025 Installations Granules Polyethylene pipes Rigid PVC recycling Flexible packaging Flexible packaging Polyethylene pipes Custom injected products PVC and Aluminum windows and doors • Water treatment, purification, and management solutions, including digital components. •
Slide 3: Key information on Q1/2025
Key information on Q1/2025 • Strong domestic demand in the Installations market has been driven by water and sewage infrastructure projects funded through PNRR, PDD, and Anghel Saligny programs. Notably, there is increased demand in natural gas infrastructure projects. However, projects funded throu
Slide 4: Q1/2025 Group results
Q1/2025 Group results REVENUE VOLUMES 249,2 MLN. LEI 29.286 TONS +41% vs Q1/’24 (176,8 mln. LEI) +25% față de T1/’24 (23.355 tone) Sales outside Romania tripled in value, with their share in consolidated turnover reaching 38% in Q1/2025, up from 17% in Q1/2024. EBITDA EBITDA MARGIN 21 MLN. LEI 8,4%
Slide 5: 40,9% increase in turnover 2025 vs 2024
40,9% increase in turnover 2025 vs 2024 ➢ The moderate decrease in selling prices was driven by lower production costs. amounts in mil RON ➢ Quantitatively, the TeraPlast Group recorded a 26% increase compared to Q1/2024, which means a 15,8% increase in turnover. ➢ Installations and also compounds v
Slide 6: Q1 2025 Budget vs Results
Q1 2025 Budget vs Results ➢ Due to increased volumes sold and consolidation of M&A entities, turnover is 21% above budget and 41% above Q1/2024. ➢ In percentage terms, gross margin was maintained at 36% in Q1/'25 compared to a similar percentage in Q1/'24. However, it is below the budgeted level of
Slide 7: Financial performance
Financial performance ➢ Consolidated results for the first quarter of 2025, marking solid double-digit growth in both revenue and profitability. ➢ This increase is driven by a mix of strategic factors: the integration of recent acquisitions, operational efficiency measures, the strengthening of the
Slide 8: Financial performance
Financial performance In Q1/2025, the TeraPlast Group recorded double-digit growth, The accelerated growth of Exports in the The segment showed The growth of the with EBITDA up 76% and turnover up 41%. EBITDA margin was the Installations segment Compounds segment moderate performance, Packaging segm
Slide 9: Financial performance – Balance-sheet summary
Financial performance Q1 2025| Balance-sheet summary Key aspects ➢ Net debts decreasing due to Q1 2025 EBITDA growth. It will be below 4x EBITDA at year end. ➢ Working capital up slightly by 2 pp due to consolidation of acquisitions. In the calculation of Net Debt/EBITDA and Net Working Capital/CA,
Slide 10: Financial performance – Cash-flow summary
Financial performance Q1 2025| Cash-flow summary Bridge 31 March 2025 ➢ Out of the proposed investments for 2025 of 64.7 million lei, in the first quarter we made payments of 9.7 million lei. ➢ This year we will receive subsidies worth 6.5 million lei for the investment in the photovoltaic power pla
Slide 11: Thank you!
WAN TeraPlast Thank you! www.teraplast.ro
Slide 12: 2025 Budget – revenue of 1 billion lei and improvement of profitability
2025 Budget – revenue of 1 billion lei and improvement of profitability We have reached the most challenging point in our journey. After an intense period of expansion, we are now focusing on consolidating the businesses within the Group, expanding into existing markets, and improving profitability.
Slide 13: 2025 Budget - segments
2025 Budget - segments Net sales on segments EBITDA on segments After an intense period of expansion, we are now focusing on consolidating the businesses within the Group, expanding into existing markets, and improving profitability Starting in the second half of 2025, we expect the synergies genera
Slide 14: 2025 Budget - quarterly
2025 Budget - quarterly ➢ RON 1 billion net sales, increase with 12% vs. 2024. The growth will primarily be supported by volume growth with 9%, consolidation of Optiplast Croatia and the activity generated by the assets acquired in the new production site Zsámbék Hungary. ➢ Moderate revenue increase
Slide 15: Financial performance – 2024 Balance-sheet summary
Financial performance 2024| Balance-sheet summary Key aspects ➢ Payments for investments were approx. RON 76.8 million in 2024. For the year 2025 we plan to invest RON 64.7 mil. ➢ This year we received 24 million lei in state aid. Next year we will collect 6,5 million lei. ➢ Net debts decrease to 3,
Slide 16: Financial performance – 2024 Cash flow summary
Financial performance 2024| Cash flow summary Bridge December 31, 2024 Bridge December 31, 2025