Arkema Sa · EURONEXT:AKE
Arkema Sa — Q1 2026 Earnings Presentation
21 slides from Arkema Sa's earnings presentation, May 6, 2026
Slide 1: First-quarter 2026 results and outlook
First-quarter 2026 results and outlook 06/05/2026
Slide 2: Q1'26 key takeaways
Q1’26 key takeaways Stable volumes supported by growth across all Specialty Materials segments and improvement in March after a slow start to the year EBITDA at €283 million including an unfavorable currency effect of around €20 million, up 14% versus Q4’25, and EBITDA margin at 13.0% Continuing eff
Slide 3: Superior YoY volume growth in key attractive markets
Superior YoY volume growth in key attractive markets One Arkema Ultrafine specialty portfolio in powders for batteries 3D printing ~15% YoY volume growth One Arkema High performance Thermoplastic portfolio in and bio-based elastomers and batteries polymers for initiators for sports goods healthcare
Slide 4: Continuous execution of growth projects
Continuous execution of growth projects PVDF Rilsan® Clear China Singapore Successful start-up +20% in early 2026 of Changshu site x3 Arkema’s global PVDF capacity Rilsan® Clear capacity Strong and accelerating demand across PVDF Asia-Pacific in all United States key markets Scheduled to start up mi
Slide 5: A significant value creation over 20 years
A significant value creation over 20 years 06/05/2026
Slide 6: A unique portfolio transformation since May 18th 2006
A unique portfolio transformation since May 18th 2006 Refocusing on Specialty Materials and rebalancing geographical footprint 2005 2025 €5.7bn sales €9.1bn sales 28 acquisitions Acquisitions €5.5bn sales Segments 36% Specialty Materials 85% Primary Materials 20 disposals Disposals €3bn sales Region
Slide 7: Major improvement of Arkema's financial performance over 20 years
Major improvement of Arkema’s financial performance over 20 years EBITDA EBITDA margin Arkema’s total shareholder return x 3.5 €1 €3.6 13.8% invested at on May 4th spin-off 2026 6.2% Share price evolution 2005 2025 2005 2025 (from May 18th 2006 to May 4th 2026) Free Cash Flow Dividend per share +129
Slide 8: Strong achievements in non-financial performance
Strong achievements in non-financial performance Safety Climate plan 1.5°C targets for 2030 Injury validated by SBTi Rate per million hours worked on Scopes 1 + 2 emissions 11.3 - 67% in 2025 vs 2013 Sustainable offer 0.8 57% of sales 2005 contributing positively to UN’s SDGs 2005 2012 20152017 2025
Slide 9: Detailed Q1'26 Results
Detailed Q1’26 Results 06/05/2026
Slide 10: Q1'26 financial highlights
Q1’26 financial highlights → Stable Group volumes versus last year: • Growth across all Specialty Materials segments and improvement in March after a slow start to the year €2,182m sales • Contrasting dynamics by region, with ongoing growth in Asia in Specialty Materials while overall demand in Euro
Slide 11: Key figures
Key figures in €million Q1’26 Q1’25 Change Sales 2,181.8 2,380.7 -8.4% EBITDA 282.7 328.6 -14.0% Specialty Materials 278.4 324.1 -14.1% Primary Materials 32.8 30.7 +6.8% Corporate -28.5 -26.2 EBITDA margin 13.0% 13.8% Specialty Materials 14.9% 16.2% Primary Materials 10.7% 8.2% Recurring operating i
Slide 12: Sales supported by stable volumes
Sales supported by stable volumes Sales in €million -0.2% -3.0% -5.1% Ongoing growth in Asia Lower prices YoY, in Specialty Materials reflecting lower Devaluation of the raw materials in US dollar against the continuity of the euro Volumes up around Q4’25 15% in key attractive markets More Asian wei
Slide 13: Adhesive Solutions (31% of Group sales)
Adhesive Solutions (31% of Group sales) Key figures Highlights in €m Q1’26 Q1’25 Change Sales 671.0 715.2 -6.2% → Volumes slightly up 0.4% EBITDA 88.5 98.7 -10.3% • Strong growth in Asia while demand remained weak in NA and Europe EBITDA margin 13.2% 13.8% • Improvement in adhesives for durable REBI
Slide 14: Advanced Materials (37% of Group sales)
Advanced Materials (37% of Group sales) Key figures Highlights in €m Q1’26 Q1’25 Change → Volumes up 1.6% Sales 806.2 857.8 -6.0% • Benefit from the Group’s innovation strategy and development in several key attractive EBITDA 139.0 174.6 -20.4% markets EBITDA margin 17.2% 20.4% • Progressive ramp-up
Slide 15: Coating Solutions (18% of Group sales)
Coating Solutions (18% of Group sales) Key figures Highlights in €m Q1’26 Q1’25 Change → Volumes up 3.1% Sales 391.0 423.2 -7.6% • Strong dynamic in March EBITDA 50.9 50.8 +0.1% EBITDA margin 13.0% 12.0% • Significant growth in Asia in particular in UV curing resins REBIT 35.9 34.7 +3.5% → Prices do
Slide 16: Primary Materials (14% of Group sales)
Primary Materials (14% of Group sales) Key figures Highlights in €m Q1’26 Q1’25 Change Sales 306.2 376.1 -18.6% → Volumes down by 8.7% and prices by 5.0% • Weak demand and lower prices than last EBITDA 32.8 30.7 +6.8% year in acrylic monomers EBITDA margin 10.7% 8.2% REBIT 1.7 -2.4 → EBITDA slightly
Slide 17: Cash flow supported by an improved working capital ratio
Cash flow supported by an improved working capital ratio in €million Q1’26 Q1’25 EBITDA 282.7 328.6 Taxes -21.9 -32.6 → Q1’26 tax rate 20.0% of REBIT Cash items included in the financial result -26.7 -23.2 (excl. exceptional items) Change in working capital and fixed assets payables (1) -249.5 -306.
Slide 18: Net debt evolution
Net debt evolution in €million 2.8x LTM EBITDA 13 24 45 95 3,170 3,344 Rec. Rec.cash flow cash Exceptionals Dividends & Hybrid bonds FX and Q1'26 31/12/2025 31/12/2025 Exceptionnals Dividends & FX and others 31/03/2026 flow items Hybrid bonds others First-quarter 2026 results and outlook 06/05/2026
Slide 19: Outlook
Outlook A key priority of the Group is to address the impacts of the Middle East conflict and adjust its pricing policy to offset the inflation of raw materials, energy and logistics costs while remaining attentive to other potential effects of this crisis, including on global demand This situation
Slide 20: Disclaimer
Disclaimer Unless otherwise stated, amounts disclosed in the tables are presented in millions of euros, rounded naturally to one decimal. Slight differences may appear between calculations performed using these amounts and the totals shown. Data relating to the year 2025 are now presented using this
Slide 21: arkema.com
arkema.com