Slide 1: Q3 report 2024
Q3 report 2024 Markus Jönsson, CEO Magnus Henell, CFO October 18th, 2024
Slide 2: Markus Jönsson, new CEO
Chemical Engineer Specialty Chemicals & Industrial biotechnology Business development & transformation New CEO Markus Marketing & Commercial Excellence Jönsson
Slide 3: I-Tech today
I-Tech today A scalable business with plenty of additional potential “Antifouling paint is essential to ship performance” Ship building & maintenance (yearly) ----- Just 10% fouling can increase fuel ✓ 1.600 new ships consumption and CO2 emissions by 30-40% ✓ 20.000 dry-dockings Antifouling coatings
Slide 4: Q3 highlights
Q3 highlights Another solid quarter - delivering according to plan 27% Sales Growth vs. Q3 last year Operating margin of 23% vs. 25% Q3 last year Diversification continues: 33% of Sales from a broadening customer base
Slide 5: Continued growth
170 000 150 000 130 000 110 000 90 000 70 000 50 000 30 000 10 000 -10 000 Ql Q2 Q3 Q4)Ql Q2 Rolling 12 months Q3 Q4/Q1 Q2 Q3 Q4)/Q1l Q2 Q3 A4j}Ql Q2z BITDA —Revenues 2022 Opera Continued growth Q3 Q4/Ql Q2 Q3
Slide 6: Yet another solid performance
”Yet another solid performance” All amounts (MSEK) 2024 2023 2024 2023 2023 Jul-Sep Jul-Sep Jan-Sep Jan-Sep YTE Net Sales 40.8 32.2 121.6 95.6 120.9 Gross margin 52% 52% 53% 53% 53% EBITDA 11.5 10.1 34.9 29.8 31.4 EBIT 9.4 8.1 28.7 23.9 23.4 Operating cashflow 10.5 17.2 29.0 35.9 35.1 Net working ca
Slide 7: Selektope's re-registration process in the EU
Selektope®’s re-registration process in the EU Public consultation open until mid-November Vote in Standing Committee on Discussion in Biocidal Products Standing Committee March 2025 (tbc) Socio-economic on Biocidal Products analysis December 2024 (tbc) Member States in SCBP BPC opinion vote on fina
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Slide 9: Market Expansion pipeline
Market Expansion pipeline New growth vectors and business diversification Complementing technologies Adjacent markets Step-outs
Slide 10: Business Outlook
Business Outlook Favorable market conditions & new customer product launches EU process continue to absorb attention & resources Operational improvements
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