Suominen Oyj · OMXHEX:SUY1V
Suominen Oyj — Q3 2024 Earnings Presentation
16 slides from Suominen Oyj's earnings presentation, Nov 6, 2024
Slide 1: Q3/2024 results
SS et ep eR ae ae TS Oe eS SEO ee ee SS <0 .0: Oo. ROK) O09 000 008 \ \ } } / ( \ SUOMINEN Q3/2024 veal Tommi Bjornman, President and CEO Janne Silonsaari, CFO November 6, 2024
Slide 2: Agenda
Agenda Q3/2024 in brief Financial review Progress in strategy Outlook 2024 Q&A November 6, 2024 Suominen
Slide 3: Q3/2024 in brief
Q3/2024 in brief Q3/2024 in brief ¢ Net sales increased by 5% and amounted to EUR 111.6 million (106.4) * Comparable EBITDA decreased to EUR 3.3 million (5.2) impacted negatively by approximately EUR 3 million related to operational issues * Cash flow from operations was EUR -2.6 million (8.0) Q1-Q3
Slide 4: Financial review
FINANCIAL REVI
Slide 5: Net sales
Net sales Net sales, EUR million 600 5 500 + 400 + 300 + 200 + 100 + (0) 4311 411.4 458.9 443.2 493.3 2018 2019 2020 2021 2022 2023 Q1-a3/2024 Net sales, EUR million 160 140 120 100 80 60 40 131.9 133.1 118.7 113.6 111.6 118.0 116.8 114.9 | | | | | | | | | 2/22 G3/22 Q4/22 Q1/23_ Q2/23_ Q3/23_ Q4/23
Slide 6: Comparable EBITDA
Comparable EBITDA Comparable EBITDA, EUR million Comparable EBITDA, EUR million 70 60 50 40 30 6 53 60.9 51 50 52 50 5 45 47.0 4 33 53.7 3 26 27 25.6 >| 19 3 158 LU LU i 0 2018 2019 2020 2021 2022 2023 = Qi-Q3/2024 Q2/22 Q3/22 Q4/22 Q1/23_ Q2/23 _Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Comparable EBITDA in Q3
Slide 7: Income statement
EUR thousand 7-9/2024 7-9/2023 1-9/2024 1-9/2023 1-12/2023 Net sales 111,553 106,447 343,808 335,913 450,851 Cost of goods sold -106,410 -100,087 -321,610 -321,631 -428,122 Gross profit 5,143 6,360 22,198 14,282 22,729 Other operating income 1,548 2,537 2,743 4,276 4,802 Sales, marketing and adminis
Slide 8: Cash flow from operations
Cash flow from operations Cash flow from operations, EUR million 60 50 40 57.0 20 15 10 32.1 29.9 30.7 5 Wt 14.0 io} i | ° = -2.6 “40 2018 2019 2020 2021 2022 2023 Q1-03/2024 -15 Cash flow from operations, EUR million 156 9 134 8.0 6.4 : | 24 | a | -2.2 -2.6 -10.8 Q2/22 Q3/22 4/22 QL/23. Q2/23_ Q3/2
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: EcoVadis Gold Medal and Alicante investment
ecovadis Sustainability Rating JUL 2024 Suominen awarded Gold Medal from its 2024 EcoVadis assessment Suominen has taken part in the EcoVadis assessment in 2024 for the third time and improved its score from a Silver Medal level to a Gold Medal level. This result places Suominen in the top 1% of com
Slide 12: Outlook
OUTLOOK
Slide 13: Outlook 2024
Outlook 2024 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2024 will increase from 2023. In 2023, Suominen’s comparable EBITDA was EUR 15.8 million. November 6, 2024 & Suominen
Slide 14: Q&A
Q&A
Slide 15: Full year 2024 result publication on March 5, 2025
Slide 16: Suominen
{—_ Suominen PURE NORDIC QUALITY