Slide 1: Aquafil Group Financial Results I Quarter 2018
Q1 – Financial Results Aquafil Group Financial Results I Quarter 2018 14° May 2018 1
Slide 2: Disclaimer
Disclaimer This document has been prepared by Aquafil S.p.A. (“Aquafil” or “Company”) solely to introduce the Company and its business. Neither this presentation nor any part or copy of it may be transmitted into the United States or distributed, directly or indirectly, in the United States, Austral
Slide 3: Index
AQUAFIL MX synthetic fibres and polymers
Slide 4: Index
Index 1. Aquafil Group at Glance 4 2. Highlights First Quarter 2018 10 3. Key Performance Indicators 13 3a. Focus on Sales 15 4. The First Quarter Financial Statement 19 4
Slide 5: 1. Aquafil Group at Glance
Aquafil Group at Glance 1. Aquafil Group at Glance 5
Slide 6: Aquafil Group at Glance
Aquafil Group at Glance • Market Leader in Nylon Fibers and Polymers: - Flooring solutions; - Fashion and sportswear textile applications; - Polymers for engineering plastics solutions; • Technologies, processes and continuous innovation key to a successful business model - R&D focus for a uniquely
Slide 7: Aquafil Group at Glance: value chain
Aquafil Group at Glance Raw materials Production Distribution Clients Final Application BCF Flooring Solutions Selected Manufacturers Application Users Production and finishing of Standard Caprolactam premium synthetic yarns, Direct sale / Contract Nylon 6 monomer principally Nylon 6, for agents (
Slide 8: Aquafil Group at Glance: history
Aquafil Group at Glance Listing in Italian Stock Exchange Milan Doubling of Production Capacity Acquisition of Xentrys in China from Domo The ECONYL® plant Chemicals in Slovenia begins producing Establishment of Aquafil Asia Pacific in Thailand 2017 Acquisition of Julon 2014 in Slovenia 2013 2011 20
Slide 9: Aquafil Group at Glance: global sites
Aquafil Group at Glance USA ITALY SLOVENIA Cartersville (Georgia) Arco (TN) Ljubljana Aquafil USA 1 & 2 Aquafil (Headquarter) AquafilSLO Ljubljana Phoenix (Arizona) Cares (TN) Senozece Aquafil Carpet Recycling #1 Rovereto (TN) AquafilSLO Senožeče Tessilquattro Store AquafilSLO Štore Ajdovščina Aquaf
Slide 10: 2. Highlights First Quarter 2018
Highlights First Quarter 2018 2. Highlights First Quarter 2018 10
Slide 11: Highlights First Quarter 2018
Highlights First Quarter 2018 TURNOVER +1,5% EBITDA +7,7% Net Result +19,5% NFP Q1 2018 Act 147,4 €/mil Q1 2018 Act 22,3 €/mil Q1 2018 Act 9,8 €/mil Q1 2018 135,8 €/mil Q1 2017 Act 145,2 €/mil Q1 2017 Act 20,7 €/mil Q1 2017 Act 8,2 €/mil Q1 2017 146,8 €/mil1 CLOSING SIGNING «with INVISTA», «with INV
Slide 12: Highlights on Badger Project
Highlights on Badger Project Project Name Signing Date Closing Date Project Description Acquisition of certain tangible and intangible assets related to INVISTA’s nylon 6 BADGER 5° February 2018 27° April 2018 business activity in Asia Pacific Project Details Cash OUT Acquisition of clients portfoli
Slide 13: 2. Key Performance Indicators
Key Performance Indicators 2. Key Performance Indicators 13
Slide 14: Key Performance Indicators
Key Performance Indicators The Key Performance Indicators of Aquafil Group related with Q1 2018 compared with Q1 2017 are here reported: KPI Act Q1 Act Q1 Var a) Revenues grew by 1.5%, amounting to €147.4 million compared to 2018 2017 vs Act €145.2 million for Q1 2017, mainly as a result of the incr
Slide 15: 2a. Focus on Sales
Focus on Sales 2a. Focus on Sales 15
Slide 16: Sales by Product Line
Focus on Sales The following table compares the figures referring to the amount and percentage of sales broken down by line of product for the first quarter of 2018 the same period of 2017 and FY2017. The Polymers line’s sales increased compared to the same period of 2017, following the decision to
Slide 17: Sales by Geographical Area
Focus on Sales The following table compares the figures referring to the value and percentage of sales broken down by geographical area for the first quarters of 2018 the same period of 2017 and FY2017. Sales on the Italian market increased mainly thanks to the Polymers line, whereas North America’s
Slide 18: ECONYL-branded products share of fiber sales
Focus on Sales The Group’s revenues from sales of ECONYL®-branded products amounted to approximately 38% of fiber sales, up by about 2 percentage points compared to the first quarter of 2017. 18
Slide 19: The First Quarter 2018 Financial Statement
First Quarter 2018 Financial Statement 6. The First Quarter 2018 Financial Statement 19
Slide 20: The Income Statement
A@UASIL AIK synthetic fibres and polymers CONSOLIDATED INCOME STATEMENT Q12018 Of stich Q1 2017 Of which €/000 mo recurrent mo recurrent Revenue 147.382 145.188 12 Of which related parties 141 500 Other Revenue 1 1 Total Revenue and Other Revenue 147.383 1 145.188 RnR Raw Matecial (79.687) (2) (75.5
Slide 21: EBITDA and EBIT Adjustment
EBITDA and EBIT Adjustment (*) It includes: (i) financial income amounting to €16 thousand at March 31, 2018 and €134 thousand at March 31, 2017; (ii) interest expenses of €1,377 thousand at March 31, 2018 and €1,641 thousand at March 31, 2017; (iii) FX losses amounting to €722 thousand at March 31,
Slide 22: The Balance Sheet
A@UASIL AIK synthetic fibres and polymers CONSOLIDATED BALANCE SHEET Q12018 FYI? €/000 Intangible Assets 7.782 ‘Tangible Assets 153.927 Financial Assets 408 of which related parties 79 Investments Measured at Equity - - Defecced Tax Assets 9.719 11.356 Total Non-Current Assets 181.608 173.472 Invent
Slide 23: The Cash Flow
A@UASIL AIK synthetic fibres and polymers CASH FLOW STATEMENT Quis qu €/000 Operation Activities ‘Net Profit (Including Portion Atte. to Minoxity ) 9.850 8.185 of hich related parties (769) (629) Income Taxes 2.598 3.160 Income (loss) from Investments ° ° (Other Financial Income (16) (134) of which
Slide 24: Net Financial Debt
A@UASIL AIK synthetic fibres and polymers NET FINANCIAL DEBT Q1 2018 Fy17 €/000 A. Cash 83.705 99.024 B. Other cash equivalents - C. Secusities held-for-trading - D. Liquidity (A + B + C) 83.705 99.024 E. Current financial receivables 989 988 F. Current bank loans and borrowing (41) (72) G. Current
Slide 25: Aquafil Investors Contact
AQUAFIL INVESTORS CONTACT Karim Tonelli Investor Relations and Performance Management Director investor.relations@aquafil.com - mob: +39 348 6022.950 Barabino & Partners IR T: +39 02 72.02.35.35 Stefania Bassi - s.bassi@barabino.it - mob: +39 335 6282.667 Agota Dozsa - a.dozsa@barabino.it - mob: +39