Navigator Company Sa · EURONEXT:NVG
Navigator Company Sa — The Navigator Company — Q1 2025 Earnings Presentation
18 slides from Navigator Company Sa's earnings presentation, May 13, 2025
Slide 1: Results Presentation Q1 2025
RESULTS PRESENTATION Q1 2025 MAY 13th 2025
Slide 2: Disclaimer
DISCLAIMER This presentation is intended to provide a general overview of The Navigator Company S.A.’s business and does not purport to deal with all aspects and details regarding The Navigator Company S.A.. Accordingly, no representation, undertaking or warranty, expressed or implied, is given by T
Slide 3: Participants
PARTICIPANTS António Redondo Fernando Araújo Nuno Santos Executive Directors João Lé Dorival Almeida António Quirino Soares Investor Ana Canha Relations 2
Slide 4: 01. Main Highlights
01. Main Highlights 33
Slide 5: Q1 2025 Results: Strategic Growth and Diversification
Q1 2025 | RESULTS Strategic Growth and Diversification Q1 2025: Positive trend QoQ, with a solid increase in sales for UWF and Packaging. Rise in Pulp prices and resilience in Packaging and Tissue prices contrast with the decline in European Paper Price Benchmark index Diversification strategy payin
Slide 6: Financial Highlights
FINANCIAL HIGHLIGHTS Strong Financial Position After CAPEX and Dividends Q1 Q1 Q4 Q1 25/Q1 24 Q1 25/Q4 24 Millions € 2025 2024 2024 ▪ Net Profit of € 48 million, up 6% QoQ Turnover 529 536 -1% 520 2% ▪ EBITDA stood at € 116 million, in line with Q4 2024 EBITDA 116 133 -13% 116 0% Net Profit 48 64 -2
Slide 7: Debt Maturity and Liquidity
DEBT MATURITY AND LIQUIDITY Long-Term Debt Ensures Adequate Profile and Ample Liquidity Debt Maturity Profile Total debt: € 854 million Average Maturity: 3.5 years Sustainable 342 M 2.4 % Average Cost of Debt Issued (Mar 2025) 308 M 89 % 242 M 139 M Fixed Interest Rate 111 M LIQUIDITY DEC. 2025 DEC.
Slide 8: 02. Market & Group Performance
02. Market & Group Performance 77
Slide 9: Pulp & Paper Prices
PULP & PAPER PRICES European market paper price – A4 B-Copy (EUR) and BHKP (USD) 1500 1500 PIX BHKP EUROPE USD PIX A4 COPY-B (EUR/ton) 1400 1400 1300 1300 ▪ BHKP pulp price index in Europe up 16% to 1200 1200 1,160 USD/t by the end of the quarter, currently 1100 1100 at 1,211 USD/t1 USD/ton EUR/ton
Slide 10: P&W Paper Market
P&W PAPER MARKET UWF Remains Most Resilient Segment Due to Versatile Uses Global Demand for P&W Paper 𝟏 Upward Trend Global apparent demand -1.9%: ▪ Order Intake for European industry increased throughout Q1 ▪ UWF -1.9%, CWF -4.5% and mechanical -4% ▪ +6% vs Q4 2024 Europe: UWF down by 8% 2 ▪…
Slide 11: Pulp Market
PULP MARKET Eucalyptus Kraft Market Pulp was an innovation introduced by our Cacia mill in the 50’s, that became a world standard in Hardwood Pulps Eucalyptus Globulus allows an eco-efficient cost Global Demand for Pulp (in million tons) competitive pulp 2.85–2.90m3 wood /tAD (vs. 3.5–4.0m3 Euca Nea
Slide 12: Tissue Business
TISSUE BUSINESS Growing with Strong Performance TISSUE MARKET TISSUE SALES Q1 2025 2 3 (vs. Q1 2024) European Tissue demand slips 0.1% (YoY Feb) amid soft start to 2025 Type Segment Geography 4 Reels Finished Goods Away from Home At Home 2% (vs.11%) 98% (vs.89%) 17% (vs.24%) 83% (vs.76%) UK 36% (vs.
Slide 13: Packaging: From Fossil to Forest
PACKAGING l From Fossil to Forest Cutting-edge and Innovative Sustainable Solutions Strong Start of the year ▪ European deliveries of Kraft papers for flexible packaging (white and brown) up by 13% (YoY) ▪ Navigator´s business with strong performance: sales volume growing 31% (t), +41% (m2) ▪ Naviga
Slide 14: Innovation & Sustainability: PM3 Rebuild
INNOVATION & SUSTANABILITY Positive FID to rebuild PM3 to produce low basis weights’ flexible packaging paper FLEXIBLE PACKAGING INVESTING IN THE FUTURE European Market ~2.7 Mt - rising 2.8% per year Achieving up to 100kt of LBW2 with Low Capex of € 30M (growth circa 80 K tons per year) European dem
Slide 15: Takeaways
TAKEAWAYS ▪ Focus on core operations, business transformation & innovation Navigator’s workforce today is stronger and more diverse with nearly 4,000 employees, 40 different ❖ Value-added capex of € 36 million nationalities, 10 production plants in 3 different ❖ Sustainable (long-term) cost efficien
Slide 16: 03. Outlook
Q2/H1 2024 RESULTS PRESENTATION 03. Outlook 15 15
Slide 17: Outlook
OUTLOOK •Geopolitical instability and the rise of protectionist policies are expected to significantly influence the upcoming quarters. Ongoing trade tensions are heightening the risk of a global economic slowdown. In this context, adaptability remains essential—Navigator has consistently demonstrat
Slide 18: Results Presentation Q1 2025
RESULTS PRESENTATION Q1 2025 MAY 13th 2025
The Navigator Company — Q1 2025 Earnings Presentation on 6ix