Ad Plastik D.d. · ZSE:ADPL
Ad Plastik D.d — Q1 2026 Earnings Presentation
22 slides from Ad Plastik D.d's earnings presentation, April 2026
Slide 1: 2025 Results and Results for the First Quarter of 2026
2025 RESULTS AND RESULTS FOR THE FIRST QUARTER OF 2026
Slide 2: Content
CONTENT A 2025 REVIEW 3 B 2025 FINANCIAL RESULTS 7 C Q1 2026 HIGHLIGHTS AND FINANCIAL RESULTS 13 D EXPECTATIONS 20 www.adplastik.hr • 2
Slide 3: 2025 Review
2025 REVIEW A 2025 HIGHLIGHTS 4 SUSTAINABILITY INDICATORS IN 2025 5 NEWLY REGISTERED CAR MARKET 6 www.adplastik.hr • 3
Slide 4: 2025 Highlights
GROUP’S OPERATING REVENUE €160m PARENT COMPANY’S EBITDA GROUP’S EBITDA €14.37m €19.19m 2025 HIGHLIGHTS CONTINUED DELEVERAGING GROUP’S NET PROFIT €14.26m REVENUE GROWTH FROM SERIAL PRODUCTION www.adplastik.hr • 4
Slide 5: Sustainability Indicators in 2025
SUSTAINABILITY INDICATORS IN 2025 535 POINTS ALL EUROPEAN PRODUCTION SITES C 75 65.9 92B ESG SCORE www.adplastik.hr • 5
Slide 6: Newly Registered Car Market
NEWLY REGISTERED CAR MARKET ▪ 26.6% PETROL EU ▪ 34.5% HYBRIDS (HEV) MARKET ▪ 17.4% BATTERY ELECTRIC (BEV) EU ▪ 8.9% DIESEL 10.8 M ▪ 9.4% PLUG-IN HYBRIDS (PHEV) ▪ 3.2% OTHER ( ∆ +1.8% ) www.adplastik.hr • 6
Slide 7: 2025 Financial Results
2025 FINANCIAL RESULTS OPERATING REVENUE 8 B EBITDA 9 NET PROFIT 10 NET FINANCIAL DEBT 11 AFFILIATED COMPANY EAPS (JV) 12 www.adplastik.hr • 7
Slide 8: Operating Revenue
OPERATING REVENUE 0 20 40 60 80 100 120 140 160 180 AD PLASTIK 2025 160.0 IMPACT ON REVENUE GROUP 2024 152.4 ▪ INCREASE IN REVENUE FROM SERIAL PRODUCTION AD PLASTIK 2025 123.2 D.D. 2024 116.0 www.adplastik.hr • 8
Slide 9: EBITDA
EBITDA EBITDA (M€) EBITDA MARGIN 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% IMPACT ON EBITDA 12.0% AD PLASTIK 2025 19.2 8.8% ▪ REVENUE GROWTH GROUP 2024 13.4 ▪ BETTER CAPACITY UTILIZATION 11.7% AD PLASTIK 2025 6.6% 14.4 ▪ NEW PROJECT PROFITABILITY D.D. 2024 7.6 ▪ COST OPTIMIZATION 0 2 4 6 8 10 12 14 16
Slide 10: Net Profit
NET PROFIT NET PROFIT (M€) NET PROFIT MARGIN 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% IMPACT ON NET 8.9% AD PLASTIK 2025 14.3 PROFIT 1.4% GROUP 2024 2.1 ▪ HIGHER EBITDA 4.4% ▪ LOWER FINANCING COSTS AD PLASTIK 2025 0.3% 5.4 ▪ PROFIT AND DIVIDEND FROM D.D. 2024 0.4 EAPS 0,0 2,0 4,0 6,0 8,0 10,0 12,0 14,
Slide 11: Net Financial Debt
NET FINANCIAL DEBT 20 25 30 35 40 45 50 26.4 AD PLASTIK 2025 IMPACT ON DEBT GROUP 2024 40.3 ▪ REDUCTION IN NET FINANCIAL DEBT THROUGH POSITIVE 26.0 OPERATING CASH FLOW AD PLASTIK 2025 D.D. 2024 37.6 www.adplastik.hr • 11
Slide 12: Affiliated Company EAPS (JV)
AFFILIATED COMPANY EAPS (JV) €162.9m REVENUE €23.9m EBITDA ▪ NEW PROJECTS HAVE REACHED FULL PRODUCTION 14.7% EBITDA MARGIN VOLUMES ▪ HIGH LEVEL OF CAPACITY €18.0m NET PROFIT UTILIZATION €0.3m CAPEX www.adplastik.hr • 12
Slide 13: Q1 2026 Highlights and Financial Results
Q1 2026 HIGHLIGHTS AND FINANCIAL RESULTS Q1 2026 HIGHLIGHTS 14 OPERATING REVENUE 15 EBITDA NET PROFIT NET FINANCIAL DEBT 16 17 18 C AFFILIATED COMPANY EAPS (JV) 19 www.adplastik.hr • 13
Slide 14: Q1 2026 Highlights
GROUP’S OPERATING REVENUE €39.54m INCREASE IN GROUP’S EBITDA PROFITABILITY €6.16m Q1 2026 CONTINUED HIGHLIGHTS GROUP’S NET PROFIT DELEVERAGING €4.25m PRODUCTION CAPACITY OPTIMIZATION www.adplastik.hr • 14
Slide 15: Operating Revenue
OPERATING REVENUE 0 5 10 15 20 25 30 35 40 45 AD PLASTIK Q1 2026 39.5 IMPACT ON REVENUE GROUP Q1 2025 35.2 ▪ REVENUE GROWTH FROM SERIAL PRODUCTION AD PLASTIK Q1 2026 30.2 D.D. Q1 2025 26.5 www.adplastik.hr • 15
Slide 16: EBITDA
EBITDA EBITDA (M€) EBITDA MARGIN 0% 4% 8% 12% 16% 15.6% 20% 24% 28% IMPACT ON EBITDA AD PLASTIK Q1 2026 12.5% 6.2 GROUP Q1 2025 4.4 ▪ PROFITABILITY OF NEW PROJECTS 16.2% ▪ HIGHER CAPACITY AD PLASTIK Q1 2026 10.9% 4.9 UTILIZATION D.D. Q1 2025 2.9 ▪ COST OPTIMIZATION 0,0 2,0 4,0 6,0 8,0 www.adplastik.
Slide 17: Net Profit
NET PROFIT NET PROFIT (M€) NET PROFIT MARGIN 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% IMPACT ON NET 10.8% PROFIT AD PLASTIK Q1 2026 11.3% 4.3 GROUP Q1 2025 4.0 ▪ HIGHER EBITDA ▪ DIVIDEND AND PROFIT FROM 12.1% EAPS AD PLASTIK Q1 2026 3.7 3.8% ▪ OPTIMIZATION OF FINANCING D.D. Q1 2025 1.0 COSTS 0,0 1,0 2
Slide 18: Net Financial Debt
NET FINANCIAL DEBT 0 5 10 15 20 25 30 35 40 45 AD PLASTIK Q1 2026 24.4 IMPACT ON DEBT GROUP 2025 26.4 ▪ REGULAR REPAYMENT OF EXISTING DEBT AD PLASTIK Q1 2026 24.0 D.D. 2025 26.0 www.adplastik.hr • 18
Slide 19: Affiliated Company EAPS (JV)
AFFILIATED COMPANY EAPS (JV) €42.4m REVENUE ▪ FULL PRODUCTION VOLUME €6.3m EBITDA EFFECT 14.9% EBITDA MARGIN ▪ HIGH LEVEL OF CAPACITY UTILIZATION €4.4m NET PROFIT ▪ HIGH PROFITABILITY OF NEW VEHICLES €0.2m CAPEX www.adplastik.hr • 19
Slide 20: Expectations
EXPECTATIONS D EXPECTATIONS 21 Q&A 22 www.adplastik.hr • 20
Slide 21: Expectations
EXPECTATIONS REVENUE GROWTH EBITDA CAPEX (FROM OWN PRODUCTS) margin PITANJA I ODGOVORI 5% €8m 13 % IN THE NEXT THREE YEARS ANNUALLY www.adplastik.hr • 21
Slide 22: Q & A
=e SS Q&A AD Plastik www.adplastik.hr + 22