Slide 1: HEXPOL Q4 2025 Presentation
HEXPOL Q4 2025 Presentation January 29, 2026 1 A Material Difference
Slide 2: Q4 2025 Presentation
Q4 2025 Presentation Presented by Agenda • Business Performance Klas Dahlberg • Financial Overview CEO • Summary • Q&A Peter Rosén CFO 2 A Material Difference
Slide 3: Business Performance
Business Performance 3 A Material Difference
Slide 4: Increased Volumes In A Continued Tough Market
Increased Volumes In A Continued Tough Market • Q4 Demand and sales • Total volumes increased in the quarter, defending our market position within Compounding. • Building and Construction , Wire & Cable, Tire (tolling) showed increased demand. Automotive was on a relatively low level but stable vers
Slide 5: Increased Volumes In A Continued Tough Market
Increased Volumes In A Continued Tough Market • HEXPOL Compounding • Increase in volumes in both Europe and North America. • Sales of 3 911 MSEK (4 308) impacted by negative FX of 9% and mix. • Building and Construction, Wire & Cable and some smaller segments showed increased demand. • Automotive en
Slide 6: The HEXPOL M&A Process
The HEXPOL M&A Process 01 • Deep knowledge of our current markets and continuous analysis of adjacent markets. Strategic analysis and identification • Long-term relations with many Financial Sponsors, PE-funds and of opportunities ”the Long List” Industrial owners. 02 • Proactive M&A search in key a
Slide 7: Strategic Priorities until 2030
Strategic Priorities until 2030 Increase activities Raised M&A agenda, Continued focus on to grow organically especially within Operational Excellence Thermoplastics Priorities Priorities Priorities • Target profitable segments with structural Focused and well-defined M&A strategy • Continue reviewi
Slide 8: Financial Overview
Financial Overview 8 A Material Difference
Slide 9: Q4 Sales Development
Q4 Sales Development Regional Development Sales development MSEK EUROPE -9% 44% 49% -2% ASIA -9% -3% +3% -16% 7% 4 694 +1% 4 254 AMERICAS Q4'24 FX Effects Organic Sales Acquisitions Q4'25 Share of HEXPOL sales Sales development vs same period LY 9 A Material Difference
Slide 10: Q4 Financial Overview
Q4 Financial Overview Key figures Jan-Dec Jan-Dec MSEK Q4'25 Q4'24 2025 2024 Highlights Sales 4 254 4 694 19 324 20 437 EBITA, Adjusted 545 667 2 933 3 384 • Sales of 4 254 MSEK EBITA-Margin, Adjusted, % 12,8 14,2 15,2 16,6 EBITA 545 592 2 933 3 309 • EBIT of 508 MSEK EBITA margin, % 12,8 12,6 15,2
Slide 11: Q4 Financial Highlights
Q4 Financial Highlights Sales Adjusted EBIT Adjusted EBIT Margin MSEK MSEK % -9% -19% -10% 4 694 4 254 631 13,4% 508 12,0% Q4'24 Q4'25 Q4'24 Q4'25 Q4'24 Q4'25 11 A Material Difference
Slide 12: Q4 EBIT Drivers
Q4 EBIT Drivers Adjusted EBIT Highlights MSEK • Of the 123 MSEK lower EBIT, 61 MSEK is driven by negative FX effects -19% • The main underlying driver of the lower EBIT is lower sales 631 • The gross margin in percentage is on same level 7 - 85 508 as last year - 45 • OPEX increases driven by acquir
Slide 13: Q4 HEXPOL Compounding
Q4 HEXPOL Compounding Sales Adjusted EBIT Adjusted EBIT Margin Highlights MSEK MSEK % • The lower sales are negatively impacted by FX -9% -22% -15% effects of 9%. Acquisitions add 3% in sales while organic sales are down 3% • The lower organic sales are positively impacted 4 308 by higher volume but
Slide 14: Q4 HEXPOL Engineered Products
Q4 HEXPOL Engineered Products Sales EBIT EBIT Margin Highlights MSEK MSEK % • The lower sales are negatively affected by -11% +6% +20% FX effects of 8% • EBIT increases with 6% while the EBIT margin increases with 20% following on 386 higher efficiency and good mix 343 65 69 20,1% 16,8% Q4'24 Q4'25
Slide 15: Q4 Working Capital
Q4 Working Capital MSEK Highlights 2 500 12,0% • Compared to last year, the acquisition of 10,0% Piedmont and Kabkom added some 50 2 000 MSEK in working capital 8,0% 1 500 6,0% 1 000 4,0% 500 2,0% 0 0,0% Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 15 A Material Difference
Slide 16: Q4 Cash Flow
Q4 Cash Flow Cash Flow MSEK Highlights • Strong cash flow in the quarter driven by 548 efficient management of working capital 1 037 - 165 146 508 EBIT Depreciation Working capital Investments Cash Flow 16 A Material Difference
Slide 17: Q4 Net Debt
Q4 Net Debt Strong financial position 31-dec 31-dec Highlights MSEK 2025 2024 • Strong financial position Cash at hand 1 145 1 233 • Net debt affected by dividend payments, acquisition of Used credit facilities -4 329 -3 468 the minority share of almaak and the acquisition of Net debt -3 184 -2 235
Slide 18: Summarizing Q4
Summarizing Q4 • Volumes increased in the quarter • Europe showed stable sales compared to LY • Lower demand in North America affected by the high uncertainty related to US trade policy • Engineered Products stable with good profitability • We reached our carbon footprint target for 2025 • We contin
Slide 19: Q&A
Q&A @HEXPOL A Material Difference
Slide 20: Thank You
Thank You www.HEXPOL.com 20 A Material Difference