Aperam S.a. · EURONEXT:APAM
Aperam — Q2 2024 Earnings Presentation
10 slides from Aperam's earnings presentation, August 2024
Slide 1: Rehabilitation of the pergola of the Sucrière, Lyon Confluence
Rehabilitation of the pergola of the Sucrière | Lyon Confluence, France | Z ARCHITECTURE © Jonathan Letoublon | Aperam 304L, Uginox MECA 8 ND®.
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This document may contain forward-looking information and statements about Aperam SA and its subsidiaries. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with
Slide 3: Q2 2024 Highlights: A First Step Towards Normalisation
fe eee \ Q2 2024 HIGHLIGHTS A FIRST STEP TOWARDS NORMALISATION Europe: Seasonality and fading destocking benefit volumes. Prices started to improve towards the end of the quarter. No import pressure Brazil: Solid demand but shipments impacted by delayed Hot Rolling mill ramp-up. Stable pricing Impor
Slide 4: Q2 2024 Market Update
Q2 2024 MARKET UPDATE operon FADING DESTOCKING SUPPORTS VOLUMES IN EUROPE, SOLID DEMAND IN BRAZIL. LOW EU IMPORTS, VERY LOW INVENTORY CONSTRUCTION @ CONSUMER @ AUTOMOTIVE & LOW DISTRIBUTOR INVENTORY GOODS TRANSPORT as000 100 > EU: Low activity due to > EU: Excess inventory > EU: Stable demand at a e
Slide 5: Q2 2024 Financial Highlights
Q2 2024 FINANCIAL HIGHLIGHTS operon SLIGHT MARKET IMPROVEMENT YIEDS SIGNIFICANT CASH FLOW INCREASE EVEN ON A NWC NEUTRAL BASIS Q2-24 KEY COMMENTS €URm Q224 Q124 qoq Q223 yoy . . Sales 1634 1657 -1% 1702 -4% > Shipments: Seasonal demand improvement has been balanced by Adi EBITDA ‘ 86 ‘ ss 56% 103 Wy
Slide 6: Q2 2024 Segments
Q2 2024 SEGMENTS operon SOME RECOVERY IN EUROPE BUT HR MILL IMPACT IN BRAZIL, ALL GROWTH SEGMENTS R&R, A&S AND S&S GENERATE NORMAL RESULTS ry Recycling & Renewables adj. EBITDA (EURm) 83 52 50 m adj EBITDA* (EURm) adj EBITDA/t (€) Q223 9124 Q224 > Shipments +16% qoq, +13% YoY supported by both BioEn
Slide 7: Leadership Journey YTD €15m
Q4 Q3 YTD Q2 €15m Q1 2024 2025 2026 • • • • •
Slide 8: Guidance & Other Forward Looking Items
“Subject to change depending on the further raw material price development till the end of the quarter rket has improved from its lows but still remains challenging The EU GUIDANCE & OT OUTLOOK Q3 2024 OUTLOOK Q3 shipments are expected at a comparable level goqg (Europe seasonal trough quarter, Braz
Slide 9: Corporate Access: Events Post Q2 Results
CORPORATE ACCESS operon EVENTS POST Q2 RESULTS Date Location Event 03 Sept US Roadshow 04 Sept New York Jefferies Industrial Conference 10 Sept London Roadshow 11 Sept Paris Kepler Cheuvreux Autumn Conference 24 Sept Madrid Roadshow 26 Sept Munich Baader Investment Conference 30 Sept Frankfurt Roads
Slide 10: Island Pavilion - Wormsley, UK
Island Pavilion - Wormsley, UK Robin Snell and Partners © Graham Everitt - View Pictures Ltd. Aperam 316L with Uginox Top finish