Slide 1: One Company. Endless Possibilities
One Company. Endless Possibilities CONFERENCE CALL First three months 2024 results April 26, 2024
Slide 2: Presenting team
Presenting team Valerie Diele-Braun Hans Kooijmans CEO CFO 2
Slide 3: Agenda
1 Company profile 2 Highlights first three months 2024 3 Financials first three months 2024 4 Outlook 5 Q&A 3
Slide 4: Profile
Profile IMCD is a market leader in the sales, marketing and distribution of speciality chemicals and ingredients Highlights: ● Formulatory and solutions provider ● Comprehensive and complementary product portfolio ● Multi-territory distribution management in EMEA, Asia-Pacific and Americas ● Headqua
Slide 5: Highlights first three months 2024
Company Highlights first Financials first Outlook Q&A profile three months three months 2024 2024 5
Slide 6: Highlights first three months 2024
Highlights first three months 2024 Gross profit • Gross profit of EUR 295 million (on a constant currency basis, equal to the first three months of 2023) Operating EBITA • Operating EBITA decline to EUR 127 million (-13% on a constant currency basis) Free cash flow • Free cash flow of EUR 106 millio
Slide 7: Highlights – M&A
Highlights first three months 2024 – M&A EMEA • On 26 March 2024, IMCD acquired 100% of the shares of Gova Ingredients, a distributor for the beauty and personal care market in the Benelux. • On 23 April 2024, IMCD signed an agreement to acquire 100% of the shares of in Cobapharma, a European distri
Slide 8: Highlights – M&A (continued)
Highlights first three months 2024 – M&A (continued) APAC • On 9 January 2024, IMCD acquired 70% of the shares of Valuetree to expand its beauty and personal care footprint in India. • On 1 February 2024, IMCD acquired the lubricant additives distribution business of RBD in China. • On 16 February 2
Slide 9: Financials first three months 2024
Highlights first Financials first Outlook Q&A Company three months profile three months 2024 2024 9
Slide 10: Financials – Key figures
Financials first three months 2024 Key figures Jan.1 - Mar. 31 Jan.1 - Mar. 31 Change Change % Fx adj. Change EUR million 2024 2023 Revenue 1,160 1,160 (0) (0%) 1% Gross profit 295 300 (5) (2%) 0% Gross profit as a % of revenue 25.4% 25.9% (0.5%) Operating EBITA 127 149 (22) (15%) (13%) Operating EB
Slide 11: Financials – Income statement
Financials first three months 2024 Income statement Asia Holding EUR million EMEA Americas Pacific companies Total Gross profit YTD Q1 2024 144 86 66 295 YTD Q1 2023 144 93 63 300 organic growth (3%) (14%) (6%) (8%) acquisition growth 5% 5% 14% 7% currency impact (2%) 1% (4%) (1%) Operating EBITA YT
Slide 12: Financials – Free cash flow
Financials first three months 2024 Free cash flow Jan.1 - Mar. 31 Jan.1 - Mar. 31 Change Change % 2024 2023 EUR million Operating EBITA 127 149 (22) (15%) Depreciation 10 7 2 Operating EBITDA 136 156 (20) (13%) Share based payments 1 1 0 IAS 17 lease payments (8) (6) (1) Adjusted operating EBITDA 13
Slide 13: Financials
Financials first three months 2024 1313
Slide 14: Outlook
Highlights first Financials first Outlook Q&A Company three months three months profile 2024 2024 14
Slide 15: Outlook
Outlook IMCD operates in different, often fragmented market segments in multiple geographic regions, connecting many customers and suppliers across a very diverse product range. In general, results are impacted by macroeconomic conditions and developments in specific industries. Results can be influ
Slide 16: Q&A
Highlights first Financials first Outlook Q&A Company three months three months profile 2024 2024 16
Slide 17: Disclaimer
Disclaimer This presentation may contain forward looking statements. These statements are based on current expectations, estimates and projections of IMCD’s management and information currently available to the company. IMCD cautions that such statements contain elements of risk and uncertainties th
Slide 18: One company. Endless possibilities
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