Gevorkyan, A.s. · PSECZ:GEV
Gevorkyan, A.s — Investor Presentation (April 2025)
30 slides from Gevorkyan, A.s's investor presentation, Apr 8, 2025
Slide 1: Gevorkyan - European Leader in Powder Metallurgy
GEVORKYAN - EUROPEAN LEADER IN POWDER METALLURGY PM CIM HIP MIM 3D
Slide 2: Family Company
FAMILY COMPANY The founder and majority owner is an GEVORKYAN, a.s. is a family company, established in 1996 aerocraft engineer of Armenian origin, in Banská Bystrica, Slovakia. Dipl.-Ing. Artur Gevorkyan. We build up on over 50 years of experiences 3 generations of Gevorkyan family in Powder Metall
Slide 3: Family Values in Business
FAMILY VALUES IN BUSINESS Symbol of our team The assistant of the CEO was fed up with answers of experienced engineers such as ″it isn't possible″ or ″we can't succeed″. She introduced an ELEPHANT money box to company meetings. Entrance Everyone who said ″it isn't possible″ was penalised with a 10 S
Slide 4: We do it with the right people!
POLAND We do it with the right people ! Krakow CZECH REPUBLIC Banská Bystrica SLOVAKIA AUSTRIA UKRAINE Bratislava Vienna HUNGARY Budapest 4
Slide 5: Organisational Structure of the Company
ORGANISATIONAL STRUCTURE OF THE COMPANY • NON-STOP production • 10% of employees in the R&D department 24 h / 7 days a week / 365 days a year • 6 employees with PhD degrees • 29 years of production without interruption • "White collars" 55 employees • 188 employees, average age 37 years • "Blue coll
Slide 6: Company history timeline
1996 Establishment 2003 2022 Own Prague Stock Tool Shop Exchange IPO 1998 2008 Acquisition in First injection press Economy crisis 2010 Sweden supplier loans Own Production hall 2000 2010 2020 1997 2005 2015 2024 First self-made Heat Treatment HIP technology Bratislava sintering furnace Stock Exchan
Slide 7: Milestones Which Moved Us Forward
MILESTONES WHICH MOVED US FORWARD 2022 2024 Prague Stock Exchange (PSE) Bratislava Stock Exchange (BSE) PSE • First foreign company on the PSE START Market • 22 February 2024 - dual listing at Bratislava Stock • IPO realized was the largest on the PSE START Market Exchange following the great succes
Slide 8: Milestones Which Moved Us Forward
MILESTONES WHICH MOVED US FORWARD 2023 2024 2025 Acquisition in Sweden Acquisition in Poland Acquisitions in Italy PSE • Business acquisition - SKF Sweden • Business acquisition - Altha Germany • Business acquisition - Italy • Whole production of 187 parts & Poland • In progress • Complete productio
Slide 9: Uniqueness of the Company
UNIQUENESS OF THE COMPANY All 4 sectors of Powder Metallurgy under one roof - absolutely transparent offer for the best suitable technology. Nowhere else in the world you can find all 4 technologies in one place! MIM / CIM 3D / AM “Sintering“ Powder Metallurgy Hot Isostatic Pressing Development of m
Slide 10: Technology: Sintering, MIM / CIM
TECHNOLOGY SINTERING 1. Mixing - find the right metal powder combination MIM / CIM (NEW) 1. Mixing - choosing a suitable combination of metal powders and polymers Classic Powder Metallurgy 2. Forming – companting in molds Metal Injection Molding 2. Molding - injection into the form 3. Sintering in s
Slide 11: Technology: HIP, 3D
TECHNOLOGY HIP 3D Hot Isostatic Pressing Additive manufacturing Gas Inlet 1500 bar Cylindrical Pressure Vessel Closing residual pores with combination of presure and temperature for sintered Thermal parts and casts. Insulation Container with parts Before HIP Heater 1000°C After HIP 11
Slide 12: Uniqueness
GEVORKYAN DEVELOPER MUST HAVE BALLS TO ADMIT THEIR UNIQUENESS MISTAKES AND • 7 million parts monthly BRAINS TO LEARN FROM THEM. • 50% products have NEVER been produced by powder metallurgy technology before • 33% products never EXISTED before developed in GEVORKYAN a.s. in cooperation with customers
Slide 13: Equipment
EQUIPMENT • The most modern machines from the best world manufacturers • Highly equipped laboratory • Presses from 3t to 700t • High pressure furnaces from 300°C to 1500°C Automatic hardness 3D contourgraph 3D measuring mach. tester KEYENCE (JP) ZEISS (CH) Sintering furnace 5-axis CNC milling CIM fu
Slide 14: ALL in ONE place
ALL in ONE place 100% responsibility for products from design to packaging R&D department know-how for development of materials,technologies and product design from composite materials Tool shop design and production compacting tools and moulding forms possibility to make prototypes from blocks usin
Slide 15: Products
PRODUCTS • Production of 3,000 different types of parts • Development of over 150 new parts annually • Parts weight 0.2g - 1000g and the size is up to 100 cm2 • Brazing: process of joining multiple parts into one Materials used UNIQUE COPPER SILVER BRASS STAINLESS STEEL TRADITIONAL IRON BRONZE We ar
Slide 16: Gevorkyan Portfolio of Changed Technology
GEVORKYAN PORTFOLIO OF CHANGED TECHNOLOGY GEVORKYAN has a long-time experience with transferring parts made by traditional technologies to INNOVATIVE and COST- EFFECTIVE Powder Metallurgy (PM - sinter) and Metal Injection Molding (MIM). Previous Present Application technology technology Electric aut
Slide 17: Financial Indicators and Ownership Structure 2024
FINANCIAL INDICATORS OWNERSHIP STRUCTURE 2024 140 139 40% 9,79% Institutional Investors 123 35% 35% 33% 35% 120 31% 30% 108 8,01% 29% 105 100 30% Private Investors 100 27% 97 26% 94 26% 91 23% 25% 23% MIL EUR 80 76 20% 60 54 59 2,60% 48 48 15% Jeremie Fund 42 42 40 37 36 10% 29 26 18 21 77% 20 16 9
Slide 18: Employees and Robots vs. Revenues
EMPLOYEES and ROBOTS vs. REVENUES Revenues in € 160 250 139 Number of 140 210 190 200 employees 190 190 123 200 120 178 168 108 164 157 149 94 100 141 150 159 137 143 MIL EUR 80 76 Robots 2014 59 100 60 54 48 45 40 40 31 27 50 23 19 20 AI 2024 0 0 YEAR 2014 2015 2016 2017 2018 2019 2020 2021 2022 20
Slide 19: Portfolio Fantastic Diversification
COSMETICS, MEDICAL EQUIPMENT, FASHION INDUSTRY, ELECTRICAL ENGINEERING 17% AUTOMOTIVE AGRICULTURAL MACHINERY AUTONOMOUS VEHICLES (NEW) OIL INDUSTRY PORTFOLIO 28% 12% FANTASTIC DIVERSIFICATION MEASURING TECHNOLOGY 2% 4% AVIATION & DRONES LOCK & SECURITY SYSTEMS 16% CIVIL ARMS 15% HAND TOOLS, GARDEN E
Slide 20: Our Customers – You Can Find Our Parts Here
OUR CUSTOMERS – YOU CAN FIND OUR PARTS HERE 20
Slide 21: We Are on 4 Continents
WE ARE ON 4 CONTINENTS 23% 2023 Canada, USA 58% USA - Delaware 2023 Mexico - Monterrey Mexico, Brazil, Argentina 10% 9% China, India, Vietnam, Israel, Japan Northern EU America 58% 23% Latin America South Africa 9% Asia 10% 21
Slide 22: Portfolio by Technology
Soft magnets 9% 3D (Additive Manufacturing) 6% MIM PORTFOLIO SINTER 15% BY 51% TECHNOLOGY Special materials for the oil industry 19% 22
Slide 23: Environmental Standards (ESG)
ENVIRONMENTAL STANDARDS (ESG) ✓ Electricity from renewable sources ✓ Independence from unstable supplies ✓ More flexibility in production of hydrogen and nitrogen exactly to the point of consumption ✓ Independence from rising prices of traditional suppliers 2022 2024 own nitrogen own battery storage
Slide 24: Environmental Standards (ESG)
ENVIRONMENTAL STANDARDS (ESG) Powder Metallurgy is the only metalworking method allowed to use label A recognized green technology! PROCESS ✓ Minimal to zero additional machining ✓ Lowers number of energetically demanding steps - resource optimisation ✓ Noticeable reduce of energy INPUT consumption
Slide 25: Social Responsibility (ESG)
SOCIAL RESPOSIBILITY (ESG) Thank you letters Businessman from Armenia teaches Slovaks to be proud. GEVORKYAN We give chance to talents. Covid-19 Protective masks “Baťa“ with military education. What principles does the unconventional boss of the Gevorkyan company enforce at work. We want to free Slo
Slide 26: Social Responsibility (ESG)
SOCIAL RESPOSIBILITY (ESG) 2023 Mr. Gevorkyan is often an honorable speaker GEVORKYAN, a.s. was the first at conferences & panel discussions. prizewinner of KPMG Responsible Business Award for responsible business practices within the FéliX Business Award. 3rd edition of the FÉLIX Business Award by
Slide 27: Governing Standards (ESG)
GOVERNING STANDARDS (ESG) GEVORKYAN received CFO of the Year 2023 TREND TOP Slovakia Best Managed Companies award Manager of the Year 2024 twice in a row – 2023 and 2024 Ernst & Young Slovakia Enterpreneur of the Year 2024 ESG Certificate in progress 2025 27
Slide 28: Awards
AWARDS 2020 2021 National Ruban National Public 2022 2023 Champion 2016/17 d'Honneur 2016/17 Champion 2016/17 2025 Best Private Equity Deal 2023 in Slovakia 2024 Crystal Wing Category Economy most prestigious award in Slovakia 2012 Winner of the category ,,QUALITY“ for outstanding Context Award pers
Slide 29: Certificates and Memberships
CERTIFICATES AND MEMBERSHIPS member of: PROFESSIONAL APPRECIATION ✓ EPMA ✓ APMI International ✓ STN EN ISO 9001:2015 ✓ ISO 14001:2016 Environment ✓ ISO 13485:2016 Medicine ✓ ISO 45001:2018 Work Safety ✓ IATF 16949:2016 Automotive 29
Slide 30: We Sell Solutions Not Products
WE SELL SOLUTIONS NOT PRODUCTS. www.gevorkyan.sk Prague Stock Exchange Továrenská 504 976 31 Vlkanová Slovakia sales@gevorkyan.sk 8.4.2025