Suominen Oyj · OMXHEX:SUY1V
Suominen Oyj — Investor Presentation (January 2022)
29 slides from Suominen Oyj's investor presentation, Jan 4, 2022
Slide 1: Investor presentation, 4 January 2022
, avesedi | . PRESENTATIO Suominef manufactures nonwOvens as x goods for wipes and other applications . ; * * 4 JANUARY 2022 —. .
Slide 2: Contents
Contents (1) suominen in brief { 1 ) minen In ori Nae, uo e e /,» { 2 ) Investment highlights NU? 3 /.» (3) Financials Q3/2021 &» suominen
Slide 3: Suominen in brief
&, Suominen EF SUOMINEN IN BRI ee
Slide 4: Suominen in brief
Suominen in brief Nonwovens as roll goods for wipes and other applications The frontrunner in nonwovens innovations and sustainability Business areas Europe 37% and Americas 63% of net sales January 2022 Net sales in 2020, EUR million 459 EBITDA in 2020, EUR million 60.9 Professionals 689 Sales of n
Slide 5: Suominen's financials since 2016
Suominen’s financials since 2016 Cash flow from operations, EUR million Net sales, EUR million EBITDA, EUR million 500 555 7» 60 450 | e169 426.0 431) aaa eo 609 0 400 50 350 40 300 381 322 40 250 337 30 |-28 200 30 256 22.2 150 20 20 100 : 2 10 10 50 ° ° 0 : : 2016 2018 2019-2020 at-sy2021 2016 201
Slide 6: Strong global presence
Strong global presence USA3042 Windsor Locks . G B ‘Bethune e SPAIN 673 Alicante e¢ e@ BRAZIL 552 Paulinia January 2022 FINLAND 1292 Nakkila Helsinki, Head office «@ ITALY 1372 Cressa Mozzate 8 locations on three continents 2 pilot lines & suominen
Slide 7: Our sustainability agenda 2020-2025
Our sustainability agenda 2020-2025 * Zero LTA (lost time accidents) + Engagement index 73% by 2025 Reduction targets are set per ton of product + 20% reduction of energy consumption * 20% reduction of process waste to landfill * 20% reduction of water intake * 20% reduction of emitted greenhouse ga
Slide 8: Financial targets 2020-2025
Financial targets 2020-2025 , , Gearing EBITDA margin i Net sales growth \\ he \ during . . a by 2025: the period: during the period: 1 | above || above relevant ° 40 -8 0% market growth \ \ yy \ 12 % / including the effect of IFRS 16 Leases How to Growth Profitability Gearing get there? * Sustainab
Slide 9: Investment highlights
&, Suominen NT HIGHLIGHTS 4 = OTM! a INV ee
Slide 10: Investment highlights
Investment highlights January 2022 Nonwovens markets are growing in all regions Q aan The new organization and strategy give us an excellent basis to continue to develop the company further —) Legislation and consumer behavior are driving the need for more sustainable products and we are very well p
Slide 11: Nonwovens markets are growing in all regions
Nonwovens markets are growing in all regions We are the leaders both in the spunlace and wipes nonwovens markets The COVID-19 pandemic increased sales volumes in all our markets, and we expect that the demand for wipes will remain above pre-COVID-19 levels Legislation and consumer behavior are drivi
Slide 12: Suominen's position in the nonwovens value chain
Suominen’s position in the nonwovens value chain January 2022 Primary production Brand owner re] Fiber producer e Converter, Nonwovens eg, wet wipe manufacturer. manufacturer Suominen
Slide 13: 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 We will grow by creating innovative and more sustainable nonwovens for our customers and improve our profitability through more effici
Slide 14: Highlights of the progress in strategy implementation
Highlights of the progress in strategy implementation in 2020 * Investment project started in Italy to increase production capacity * Investment project started in Italy to increase capabilities in sustainable nonwovens * Investment project started in the USA to increase capabilities to offer new, i
Slide 15: Demand for sustainable alternatives is growing
Demand for sustainable alternatives is growing Legislation and consumer behavior are driving for more sustainable products 71% . we ‘© of consumers say that sustainability is important to them 72% ili © of consumers are willing to pay a premium for brands that support recycling, practice sustainabil
Slide 16: Pioneer in sustainable products and strong R&D
-OOO0000000 -O00O0000000 > Suominen Pioneer in sustainable Strong Technology fit to sustainable products R&D nonwovens am \ eo) BIOLACE® sustainable product 16 R&D professionals pLaeleatenes meee alee . . iT Paritalta stites Ao Focus on sustainability and We invented the wetlaid spunlace customizati
Slide 17: Financials Q3/2021
eS 5, Suominen FINANCIALS Q3/2021
Slide 18: Net sales
Net sales Net sales, EUR million Net sales, EUR million 140 1222 500 4589 120 115.4 4444 1153 113.6 450 }—a169 426-0 Ashi a4 103.4 100 400 350 327.6 80 300 60 250 40 200 20 150 0 100 ° » » 50 an e wv ee wh Pe e £ wr 0 c oe ¢ 2016 2017 2018 2019 2020 © at-3/2021 * Net sales decreased by 14.5% and wer
Slide 19: EBITDA
EBITDA EBITDA, EUR million EBITDA, EUR million 5 70 18 3 609 1 60 C 13.5 12 11.3 50 aaa 10 38.1 g 28 74 * 343 337 6 a2 30 5.6 4 : i: te) T T , T T 2016 2017 2018 2019 2020 Q1-3/2021 w a 3 a Fa he & 2016-2018 EBITDA before application of IFRS 16 Leases * EBITDA decreased to EUR 4.2 million (18.1). Cu
Slide 20: Cash flow from operations
Cash flow from operations Cash flow from operations, EUR million Cash flow from operations, EUR million 60 52.0. ° 474 20.1 17.9 20 +474 160 50 15 + 96 94 40 10 5 32.1 5.7 29.9 54 iw 30 +285 04 , | T : — 22.2 5 ww 2 2 oo a a 20 Cae aa = Cc SC EC 8.2 10 10 -8.9 -15 0 2016 2017 2018 2019 2020 Q1-3/202
Slide 21: Outlook for 2021
Suominen repeats its outlook for 2021 but in light of the volatility of the markets and Suominen’s results, gives further detail on the outlook. Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2021 will decrease from 2020 due to the slo
Slide 22: Summary
&, Suominen SUMMARY ee
Slide 23: Summary
Summary ¢ Suominen manufactures nonwovens as roll goods for wipes and other applications Eight locations on three continents Net sales EUR 458.9 million in 2020 * Over 700 professionals * Our vision is to be the frontrunner a ' for nonwovens innovation and sustainability
Slide 24: Investment highlights
Investment highlights January 2022 Nonwovens markets are growing in all regions Q aan The new organization and strategy give us an excellent basis to continue to develop the company further —) Legislation and consumer behavior are driving the need for more sustainable products and we are very well p
Slide 25: Pure Nordic Quality
Sa Suominen PURE NORDIC QUALITY
Slide 26: Appendix
eS 5, Suominen NDIX 4 = APP’
Slide 27: Executive team
Executive team i Petri Helsky President and CEO Markku Koivisto R&D & Europe January 2022 Lynda A. Kelly Business Development & Americas Mimoun Saim Operations s Toni Tamminen CFO Klaus Korhonen HR & Legal & suominen
Slide 28: Organization
Global Operations Business Development Sourcing Technology Europe Americas Human Resources & Legal Affairs business area business area Finance & Controlling ICT Communications, IR & Sustainability President & CEO
Slide 29: Sustainable Development Goals - Suominen
Sustainable Development Goals - Suominen The Sustainable Development Goals (SDG) adopted by the United Nations in 2015 define international sustainable development focus areas and goals. We have identified three SDG's which cover the areas where we can make the biggest contribution and our sustainab