Slide 1: Q3/2023 results Investors & analysts call
Q3/2023 results Investors & analysts call October 25, 2023
Slide 2: TeraPlast Group structure
TeraPlast Group structure We have diversified our businesses in recent years relying on our vast experience in polymer 939 processing aiming to increase the resilience of the Group and to expand our geographical footprint. Group employees as of September 30, 2023* Micronized recycled PVC Regranulate
Slide 3: First 3 quarters – context
First 3 quarters – context ➢ According to INS (National Statistics Institute), "the construction works' volume increased as an adjusted series by 13,7%, increase driven by capital repairs works (+28,1%), new buildings (+12,9%) and maintenance and current repairs (+8,3%). By construction objects, eng
Slide 4: First 3 quarters – exports
First 3 quarters – exports Exports in 20 countries 3X 2020-2022 TeraPlast Group's exports reached exports increase 17% of the total turnover, with a total value of RON 86 million.
Slide 5: 9 months/2023 results overview
9 months/2023 results overview TeraPlast Group's activity accelerated in Q3/2023 with additional traction from the increase in infrastructure works and exports, but hindered by the below-expected evolution of subsidiaries’ businesses (windows and doors and flexible packaging segments). The key figur
Slide 6: 9 months/2023 segments' results overview
9 months/2023 segments' results overview Group Installation Compounds Windows Flexible INSTALLATION & RECYCLING RON, thousand Total & Recycling & Recycling & doors Packaging ➢sales slightly above the same period of 2022 Turnover 517.384 387.489 59.777 37.114 33.004 ➢the EBITDA margin reached 13,4% i
Slide 7: 2023 Forecast
2023 Forecast We expect consolidated levels for the whole year in line with 2022 for the main financial indicators, with a 6% increase in EBITDA compared to 2022. -5% +6% • The Group's main driver remains the Installations TURNOVER EBITDA EBITDA & Recycling segment. MARGIN • Group EBITDA margin is e
Slide 8: 2023 Forecast
2023 Forecast ➢ TeraPlast Group estimates a turnover of RON 673,8 million. ➢ EBITDA of 56 RON million, the Group's main driver still being the Installations & Recycling segment. , Group EBITDA margin is estimated at 8,3%, compared to 7,4% at the end of 2022, on the back of slight improvement in marg
Slide 9: -8,2% decrease in turnover Q3 2023 vs Q3 2022
-8,2% decrease in turnover Q3 2023 vs Q3 2022 ➢ Price deflation in Q3 2023 compared to Q3 2022 is due to the decrease in amounts in mil RON raw material prices and in the cost of production. ➢ The net volume increases on Installations (PE pipes, fittings, Neoter), and on flexible packaging were not
Slide 10: Financial Performance
FINANCIAL PERFORMANCE Turnover • Consolidated turnover in Q3 decreased by 8%. • Quarter-on-quarter improvement of 4% in Q3/2023, reflected also in the volumes sold. • TeraPlast Group's exports reached 17% of the turnover, standing at RON 87 million EBITDA • The Group recorded an EBITDA decrease YTD
Slide 11: Financial Performance
FINANCIAL PERFORMANCE There was an evolution In this mixed climate, There is a positive Volume growth is The key figures are below the first 9 months of 2022, affected by falling demand, evolution of EBITDA in slower than expected, generated by the good but management's expectation is that this gap
Slide 12: Financial Performance: Balance-sheet summary
FINANCIAL PERFORMANCE Q3 2023| Balance-sheet summary Key aspects ➢ The investment of 84 million lei in the stretch film factory is on schedule, during this period the preparations for the trials have started, so that by the end of 2023 the production activity will begin. ➢ In Q3/2023, TeraPlast sign
Slide 13: Financial Performance: CF Summary
FINANCIAL PERFORMANCE Q3 2023| CF Summary Bridge 30 September 2023 ➢ The improvement in operating cash in Q3 2023 vs Q3 2022 is due to better performance in working capital management. ➢ The main outflows were for the financing of ongoing investments (stretch film project).
Slide 14: Conclusions
Conclusions ➢ Additional traction from the increase in infrastructure works and exports, but hindered by the below-expected evolution of subsidiaries’ businesses. ➢ Infrastructure works are finally on the trajectory we had hoped for eversince last year. ➢ The consolidated net result reached positive
Slide 15: Q&A
Q&A WN TeraPlast www.teraplast.ro
Slide 16: Actualul material are caracter informativ şi îşi propune să prezinte într-un mod obiectiv compania
Actualul material are caracter informativ şi îşi propune să prezinte într-un mod obiectiv compania TeraPlast SA. Este interzisă reproducerea, distribuirea sau publicarea sub orice formă a conţinutului prezentului material de către orice persoană fără acordul prealabil al companiei. ©2023 TeraPlast S