Slide 1: HEXPOL Q2 2025 Presentation
HEXPOL Q2 2025 Presentation July 18, 2025 1 A Material Difference
Slide 2: Q2 2025 Presentation
Q2 2025 Presentation Presented by Agenda • Business Performance Klas Dahlberg • Financial Overview CEO • Summary • Q&A Peter Rosén CFO 2 A Material Difference
Slide 3: Business Performance
Business Performance 3 A Material Difference
Slide 4: Resilience In An Uncertain World
Resilience In An Uncertain World • Q2 performance • Europe showed stable sales compared to LY, Engineered Products showed growth while we saw lower demand in North America affected by the high uncertainty related to US trade policy • Q2 sales 4 997 MSEK (5 454) with negative FX effects of 367 MSEK •
Slide 5: Resilience In An Uncertain World
Resilience In An Uncertain World • HEXPOL Compounding • Lower sales with negative FX impact of 340 MSEK • Organic sales down vs Q2’24 in North America mainly affected by lower demand from automotive but partly offset by growth in other areas • Building and Construction, Medical and Wire & Cable show
Slide 6: US Trade Policy And Impact On HEXPOL
US Trade Policy And Impact On HEXPOL • Q2 2025 • We did not see any direct impact on HEXPOL in the quarter • Indirect impact in the quarter was seen with lower demand in North America, especially in Automotive • Going forward • We expect to see minimal direct impact in Europe • We furthermore expect
Slide 7: Organization To Drive Profitable Growth
Organization To Drive Profitable Growth HEXPOL AB HEXPOL ENGINEERED HEXPOL COMPOUNDING PRODUCTS HEXPOL HEXPOL HEXPOL HEXPOL HEXPOL RUBBER RUBBER RUBBER HEXPOL TP/TPE GASKETS AND COMPOUNDING COMPOUNDING COMPOUNDING WHEELS COMPOUNDING SEALS AMERICAS EUROPE ASIA 7 A Material Difference
Slide 8: Strong Execution Of Our Business Model
Strong Execution Of Our Business Model Well-positioned with demanding customers in growth markets STRONG BUSINESS MODEL t Sh Developing uc o od De rt S ”Glocal” Presence / Customer Pr nt ce u us me Co nt Global Footprint Solutions or pp liz ted p ve o ra ina ly ed De inu lo d Ch And nt ain Co s Sust
Slide 9: Financial Overview
Financial Overview 9 A Material Difference
Slide 10: Q2 Sales Development
Q2 Sales Development Regional Development Sales development MSEK EUROPE -8% 42% 52% 0% ASIA 5 454 +4% 5 364 -15% 6% 4 997 -6% - 367 -4% AMERICAS Q2'24 Organic Sales Acquisitions Q2'25 @ 2024FX FX Effects Q2'25 Share of HEXPOL sales Sales development vs same period LY 10 A Material Difference
Slide 11: Q2 Financial Overview
Q2 Financial Overview Resilience in an uncertain world Group Summary Key figures jan-jun jan-jun Highlights MSEK Q2'25 Q2'24 2025 2024 Sales 4 997 5 454 10 378 10 766 • Sales of 4 997MSEK EBITA 788 944 1 661 1 883 EBITA-Margin, % 15,8 17,3 16,0 17,5 • Operating Profit of 756 MSEK Operating Profit 75
Slide 12: Q2 Financial Highlights
Q2 Financial Highlights Sales Operating Profit Operating Margin MSEK MSEK % -8% -17% -10% 5 454 4 997 911 756 16,7% 15,1% Q2'24 Q2'25 Q2'24 Q2'25 Q2'24 Q2'25 12 A Material Difference
Slide 13: Q2 Operating Profit
Q2 Operating Profit Operating Profit Highlights MSEK • The lower Operating Profit is mainly driven by lower sales -17% • The somewhat lower gross margin compared to LY is affected by the product mix. At the same time, the margin is sequentially stronger • The OPEX include one time costs related to 9
Slide 14: Q2 HEXPOL Compounding
Q2 HEXPOL Compounding Sales Operating Profit Operating Margin Highlights MSEK MSEK % • Lower sales with negative FX impact of 340 -9% -19% -11% MSEK • Lower demand compared to Q2’24. Lower demand seen with the Automotive end 5 062 customers but partly offset with growth in other 4 595 844 areas 681
Slide 15: Q2 HEXPOL Engineered Products
Q2 HEXPOL Engineered Products Sales Operating Profit Operating Margin Highlights MSEK MSEK % • Improvement in sales with strong +3% +12% +9% development in Gaskets despite negative FX effects of 27 MSEK • Operating Profit shows strong 392 402 improvement compared to last year 75 67 18,7% 17,1% Q2'24
Slide 16: Q2 Working Capital
Q2 Working Capital MSEK Highlights 2 500 12,0% • Compared to last year, the acquisition of 2 000 10,0% Piedmont and Kabkom added some 114 MSEK in working capital 8,0% 1 500 • Working capital in line with Q2 last year, 6,0% both in absolute terms and in relation to 1 000 sales 4,0% 500 2,0% 0 0,0% Q2
Slide 17: Q2 Cash Flow
Q2 Cash Flow Cash Flow MSEK Highlights • Strong cash flow in the quarter 139 25 834 756 10 - 96 EBIT Other non-cash items Depreciation Working capital Investments Cash Flow 17 A Material Difference
Slide 18: Q2 Net Debt
Q2 Net Debt Strong financial position 30-jun 30-jun MSEK 2025 2024 Highlights Cash at hand 1 119 997 • Strong financial position Used credit facilities -5 592 -3 915 • Net debt affected by the acquisition of the minority Net debt -4 473 -2 918 share of almaak and the acquisition of Kabkom Net debt/E
Slide 19: Summarizing Q2
Summarizing Q2 • Europe showed stable sales compared to LY • Engineered Products showed growth with good profitability • Lower demand in North America affected by the high uncertainty related to US trade policy • No impact from tariffs in Q2, we are geared to handle the direct impact of imported raw
Slide 20: Q&A
Q&A @HEXPOL A Material Difference
Slide 21: Thank You
Thank You www.HEXPOL.com 21 A Material Difference