Suominen Oyj · OMXHEX:SUY1V
Suominen Oyj — Q1 2025 Earnings Presentation
19 slides from Suominen Oyj's earnings presentation, May 7, 2025
Slide 1: Suominen Q1/2025
eS 5, Suominen SUOMINEN Q1/2025 Tommi Bjornman, President and CEO Janne Silonsaari, CFO
Slide 2: Agenda
Agenda Q1/2025 in brief Financial review Progress in strategy Outlook 2025 Q&A 2 May 7, 2025 <& suominen
Slide 3: Q1/2025 in brief
Q1/2025 in brief ¢ Net sales increased by 3.4% and amounted to EUR 117.5 million (113.6) * Comparable EBITDA decreased to EUR 4.1 million (4.5) ¢ Cash flow from operations was EUR -0.4 million (-2.2) 3 May7, 2028 & Suominen
Slide 4: Financial review
FINANCIAL RI EVIE
Slide 5: Net sales
Net sales Net sales, EUR million 117.5 a 600 5 493.3 500 + 458.9 4430 450.9 462.3 411.4 400 | 300 4 200 4 100 | oJ 2019 2020 2021 2022 2023 2024 1/2025 Net sales, EUR million 160 140 120 100 80 116.8 4497 I 118.7 118.5 117.5 | | | | | Qt23 Q2/23 3/23 Q4/23 QL/24 Q2/24 G3/24 Q4/24 1/25 * While our sa
Slide 6: Comparable EBITDA
Comparable EBITDA Comparable EBITDA, EUR million Comparable EBITDA, EUR million 70 6 53 60.9 5.2 60 5 5.0 4.5 50 47.0 42 44 ‘ 3.3 40 5 33.7 3 26 27 30 2 20 15.3 15.8 17.0 1 “ 4 L [| on 0 _ 0 2019 2020 2021 2022 2023 2024 QtL/2025 QU/23. 2/23. 3/23. 4/23 1/24 2/24 3/24 4/24 1/25 * Comparable EBITDA d
Slide 7: Consolidated statement of profit or loss
Consolidated statement of profit or loss EUR thousand Cost of goods sold Gross profit Other operating income Sales, marketing and administration expenses Research and development expenses Other operating expenses Operating profit Net financial expenses Profit before income taxes Income taxes Profit
Slide 8: Cash flow from operations
Cash flow from operations Cash flow from operations, EUR million 60 50 40 30 . . 57.0 29.9 : 11.4 14.0 30.7 3.9 | 2019 2020 2021 2022 2023 -0.4 2024 = @i/2025 Cash flow from operations, EUR million 14 12 10 Cash flow from operations was EUR -0.4 million (-2.2). EUR 2.8 million was tied in working ca
Slide 9: Progress in strategy
PROGR! EOS IN STRAT! EGY
Slide 10: Mission, Vision and Strategy
Mission Vision Enabling our customers to win Frontrunner for nonwovens by creating quality nonwovens innovation and sustainability Strategy: Growth and profitability through sustainability, customer focus and efficiency We will grow by creating innovative and more sustainable nonwovens for our custo
Slide 11: Sustainability agenda 2025-2030
Sustainability agenda 2025-2030 + Zero lost time accidents (LTA) + Diversity, equity & inclusion (DEI) index 80% We continue to strengthen our safety culture. We promote human rights, equal opportunities for all employees, and building a high-performance culture. We commit to decreasing the environm
Slide 12: Innovating in Sustainability Seminar
Innovating in Sustainability Seminar Suominen hosted its Innovating in Sustainability Seminar in Arona, Italy, on March 19-20, 2025. The event brought together around 50 professionals from across the nonwovens value chain, creating a vibrant platform for in-depth discussions, knowledge sharing, and
Slide 13: Cost-saving program
COST-SAVING PROGRAM
Slide 14: Suominen announced a cost-saving program to secure profitable growth
Suominen announced a cost-saving program to secure profitable growth
Slide 15: Outlook
OUTLOOK
Slide 16: Outlook for 2025
Outlook for 2025 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2025 will improve from 2024. In 2024, Suominen’s comparable EBITDA was EUR 17.0 million. 16 May7, 2025 & Suominen
Slide 17: Q&A
Q&A
Slide 18: Half-year results publication in August 2025
result ion Icat publ on August N 2025
Slide 19: Suominen - Pure Nordic Quality
{—_ Suominen PURE NORDIC QUALITY