Fabryka Farb I Lakierow Sniezka S.a. · GPW:SKA
Fabryka Farb I Lakierow Sniezka — Q1 2026 Earnings Presentation
19 slides from Fabryka Farb I Lakierow Sniezka's earnings presentation, May 28, 2026
Slide 1: Performance presentation of the Śnieżka Group for Q1 of 2026
Performance presentation of the Śnieżka Group for Q1 of 2026 28 May 2026
Slide 2: Q1 2026 - introduction to the season
Q1 2026 - introduction to the season Sales performance following Q1 2026: PLN 164.8 M - decrease by 4.3%, reflecting continued weak demand for products in the industry and the specific characteristics of this year's winter season, which potentially affected consumer activity. Divergent revenue trend
Slide 3: One of the leaders in the decorative paint market
One of the leaders in the decorative paint market Key information on the Śnieżka Group 3
Slide 4: We are one of the leaders in the decorative paint market in Poland, Hungary and Ukraine
We are one of the leaders in the decorative paint market in Poland, Hungary and Ukraine. A broad portfolio of recognised brands supports ▪ Ranked among the 25 largest ▪ Modern production facilities the Group’s strategic growth objectives paint manufacturers in manufacturing more than Europe for near
Slide 5: Q1 2026 financial results: Main categories
Q1 2026 financial results Main categories 5
Slide 6: First-quarter results affected by lower demand and seasonal factors
First-quarter results affected by lower demand and seasonal factors ▪ Results remained under REVENUE EBITDA NET PROFIT pressure from prolonged weak industry demand: with PLN 28.7 PLN 14.0 million stable profitability PLN 164.8 supported by disciplined million (+29.8% y/y) million cost management (-4
Slide 7: Low leverage strengthens the Company's financial flexibility
Low leverage strengthens the Company's financial flexibility ahead of the year's key trading period. ▪ Improved GROSS PROFIT profitability: gross EBITDA NET DEBT/EBITDA margin increased to ON SALES 52.7% in Q1 2026, exceeding the Group's 52.7% 17.4% 1,1x average for the previous (+3,2 p.p. y/y) (+1,
Slide 8: Strong working capital position supports the peak season
Strong working capital position supports the peak season Selected balance sheet items Net debt reduction y/y Cash and cash As at 31 March 2026, the Group’s assets amounted to equivalents at the end of PLN 69.7 million the period PLN 776.2 M (down by 4.3% y/y) PLN 10.7 million 31 March 31 March -38%
Slide 9: Q1 2026 financial results: Markets and products
Q1 2026 financial results Markets and products 9
Slide 10: Sales in Poland remained under pressure from subdued consumer activity
Sales in Poland remained under pressure from subdued consumer activity POLAND GEOGRAPHICAL STRUCTURE OF REVENUE 73.5% PLN 121.2 million Other in sales revenue in Q1 share in the revenue Ukraine 4.3% 2026 structure: 9.0% 128,5 ▪ Revenue declined by 5.6% y/y 121,2 to PLN 121.2m, primarily due to Hunga
Slide 11: Revenue increase in Hungary
Revenue increase in Hungary HUNGARY GEOGRAPHICAL STRUCTURE OF REVENUE 13.2% PLN 21.7 million in sales revenue in Q1 share in the revenue 2026 structure 1,3 1,4 ▪ Revenue increased by 14.6% year on year to PLN 21.7 M; up 7.2% year on year in local currency. ▪ Q1 2026 performance increased Hungary the
Slide 12: Performance in Ukraine reflects a particularly challenging market environment
Performance in Ukraine reflects a particularly challenging market environment. UKRAINE GEOGRAPHICAL STRUCTURE OF REVENUE 9.0% PLN 14.8 million in sales revenue in Q1 share in the revenue 2026 structure Hungary 13.2% ▪ Revenue declined by 20.9% year on -1,8 year to PLN 14.8 M, driven in part -2,2 by
Slide 13: Consistently high share of decorative products
Consistently high share of decorative products SHARE OF PRODUCT CATEGORIES Decorative products 1,7% Construction chemicals IN REVENUE Other* 11,2% 2,0% ▪ Focus on decorative products, accounting for more than 85% of revenue 13,2% ▪ Stable proportions across key product areas, aligned with the strate
Slide 14: Dividend
SNIEZKA GROUP Dividend
Slide 15: PLN 647.1 million
The Group has consistently shared its profits with investors since 2003. For 2025, it is to pay a record dividend. PLN 647.1 million Total dividends paid since the IPO on the WSE 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 ▪ The
Slide 16: Fabryka Farb i Lakierów Śnieżka SA
Fabryka Farb i Lakierów Śnieżka SA Company's seat: Warszawa, ul. Chłodna 51 mailing address: 39-207 Brzeźnica, ul. Dębicka 44 Aleksandra Małozięć Group People, ESG and Corporate Communications Director aleksandra.maloziec@sniezka.com phone +48 667 660 399
Slide 17: Disclaimer
Reading the content of this Presentation ("Presentation") or participation in a meeting at which this Presentation is displayed or discussed, shall be equal to the acceptance of the content of the following disclaimer. This Presentation has been prepared by Fabryka Farb i Lakierów Śnieżka SA with it
Slide 18: Key Financial Results for 2025
Key Financial Results for 2025 ▪ Resilience of the business model in a Revenue EBITDA NET PROFIT challenging market environment (consumer activity below PLN 772.5 PLN 73.9 million expectations) (+2.5% y/y) million ▪ Improved profitability: (-3.2% y/y) despite a decline in revenue (-3.2%), profit inc
Slide 19: Seasonality
Seasonality ▪ Seasonality is observed in the Śnieżka Group’s activities, which stems from the intensity of renovation work performed at different times of the year. The greatest interest in the work in question, and thus the increase in the Group's revenues, generally takes place in spring and summe
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