Industries Of Qatar Co. · QSE:IQCD
Industries Of Qatar — Industries Qatar — Q3 2026 Earnings Presentation
34 slides from Industries Of Qatar's earnings presentation, Sep 30, 2026
Slide 1: Industries Qatar Investor Relations Presentation
Industries Qatar Investor Relations Presentation 30 September 2026 “One of the region’s industrial giants with interests in the production of a wide range of petrochemical, fertilizer and steel products.” Publication Date: March […], 2015
Slide 2: Disclaimer
DISCLAIMER The Companies in which Industries Qatar Q.P.S.C. directly and indirectly owns investments are separate entities. In this presentation, “IQ” and “the Group” are sometimes used for convenience in reference to Industries Qatar Q.P.S.C. This presentation may contain forward-looking statements
Slide 3: Table of Content
Table of Content 1. About IQ 2. Competitive strengths 3. Group results (for the period ended 30 September 2026) 4. Segment results (for the period ended 30 September 2026) 5. Dividends and market capitalization 6. Governance structure 7. Sales and marketing 3 Industries Qatar, IR Presentation, Q3-26
Slide 4: About IQ
About IQ 4 INDUSTRIES QATAR | Quarterly Financial Update (2014 Q4) | Page 4
Slide 5: IQ at a glance
IQ at a glance Overview • Industries Qatar (IQ) was incorporated and • QatarEnergy provides most head office listed on the Qatar Exchange in 2003 functions through a comprehensive service- • IQ is the second largest company listed on the level agreement Qatar Stock Exchange by Market Capitalization
Slide 6: IQ business segments at glance (9M-26)
IQ business segments at glance (9M-26) Business Segments • Through its group companies, Industries Qatar (IQ) operates in three distinct business segments: Petrochemical, Fertilizer and Steel • Production facilities are principally located in the State of Qatar Group Structure Revenue by Segment 1 I
Slide 7: Competitive strengths
Competitive strengths 7 INDUSTRIES QATAR | Quarterly Financial Update (2014 Q4) | Page 7
Slide 8: Competitive strengths
Competitive strengths Low-cost • Assured feedstock supply producer • Economies of scale and operationally diversified • Synergy benefits Strong • Solid liquidity position, with no long-term financial debt financial • Strong cash flow generation with competitive EBITDA margins position • Consistent d
Slide 9: Group results (for the period ended 30 September 2026)
Group results (for the period ended 30 September 2026) 9 INDUSTRIES QATAR | Quarterly Financial Update (2014 Q4) | Page 9
Slide 10: Operational performance review
Operational performance review Production (MT’ 000) • 9M-26 vs 9M-25: Production volumes decreased relative to 9M-25 mainly due to reduced operations across most facilities. • 3Q-26 vs 2Q-26: Production volumes also decreased on a quarterly basis across all segments as part of continued production p
Slide 11: Financial performance review
Financial performance review Revenue (QR’ million) • 9M-26 vs 9M-25: Revenue decreased relative to 9M-25, predominantly driven by the decrease in sales volumes. • 3Q-26 vs 2Q-26: Revenue increased, driven by higher sales volumes mainly in the fertilizer and steel segments. Net profit/loss (QR’ milli
Slide 12: Net profit/loss variance analysis
Net profit/loss variance analysis 9M-25 vs 9M-26 Net profit decreased due to lower sales volumes and other income, partially offset by higher prices and lower operating costs. 2Q-26 vs 3Q-26 During 3Q-26, the Group’s earnings decreased compared to 2Q-26, primarily due to margin compression with lowe
Slide 13: EBITDA margins trends
EBITDA margins trends EBITDA margins have been impacted on the back of challenging market conditions. 140 60% 50% 120 40% 100 30% Oil Price, Brent (USD/bbl) IQ EBITDA margin (%) 20% 80 10% 60 0% -10% 40 -20% 20 -30% Oil Price, Brent IQ EBITDA margin 13 Industries Qatar, IR Presentation, Q3-26
Slide 14: Segment results (for the period ended 30 September 2026)
Segment results (for the period ended 30 September 2026) 14 INDUSTRIES QATAR | Quarterly Financial Update (2014 Q4) | Page 14
Slide 15: Segmental Details: Petrochemicals
Segmental Segment: Details Petrochemicals • The companies in the Petrochemical segment (QAPCO , QATOFIN , QAFAC3 1 2 and QVC4) are engaged in the production of: Capacity 5 Product ('000 MT PA) Ethylene 920 LDPE 600 LLDPE 280 Methanol 500 MTBE 305 Caustic Soda 167 EDC 209 VCM 160 PVC 141 Total 3,282
Slide 16: Segment: Petrochemicals production and selling prices
Segment: Petrochemicals Analysis of production and selling prices • Production: Production volumes decreased relative to 9M-25 due to reduced plant availability and operations. • Production volumes declined versus the previous quarter as part of continued production planning to optimize inventory le
Slide 17: Segment: Petrochemicals revenue and net profit
Segment: Petrochemicals Analysis of segment revenue and net profit • Revenue: Decreased relative to 9M-25 due to reduced sales volumes resulting from recent logistics constraints. • Revenue declined versus the previous quarter as a result of lower sales volumes and average selling price. • Net profi
Slide 18: Segment: Petrochemicals EBITDA margins
Segment: Petrochemicals Analysis of segment EBITDA margins Petrochemical’s EBITDA margins have remained low due to the challenging market conditions 18 Industries Qatar, IR Presentation, Q3-26
Slide 19: Segment: Fertilizers
Segment: Fertilizers • Qatar Fertiliser Company Q.P.S.C (QAFCO) has seven ammonia trains in the State of Qatar, following the introduction of QAFCO-7, and six urea production trains. Capacity Product ('000 MT PA) Ammonia 5,040 (inc QAFCO-7) Urea 5,957 Melamine 60 Total 11,057 • The segment’s primary
Slide 20: Segment: Fertilizer production and selling prices
Segment: Fertilizer Analysis of production and selling prices • Production: Production volumes have declined relative to 9M-25 as a result of reduced operations under the current market conditions. • Production volumes declined versus the previous quarter as part of continued production planning to
Slide 21: Segment: Fertilizer revenue and net profit
Segment: Fertilizer Analysis of segment revenue and net profit • Revenue: Decreased relative to the same period last year, with the decrease in sales volumes only partially offset by the improvement in average selling prices. • Increased on a quarter-on-quarter basis, driven by increasing sales volu
Slide 22: Segment: Fertilizer EBITDA margins
Segment: Fertilizer Analysis of segment EBITDA margins Q3-26 margins have improved relative to the previous quarter, however they remain suppressed due to reduced sales volumes 3,000 80% 57% 46% 55% 53% 53% 68% 50% 60% 2,000 48% 49% 46% 43% 44% 44% 44% 41% 40% 41% 2,546 35% 35% 37% 31% 40% 2,004 1,8
Slide 23: Segment: Steel
Segment: Steel • Qatar Steel Company Q.S.C. produces a wide range of intermediate steel products together with long steel. The production capacity of the plants are: Capacity Product ('000 MT PA) DRI / HBI 2,300 Billets 1,850 Rebar 1,700 Coil 240 Total 6,090 • The segment’s primary raw material is o
Slide 24: Segment: Steel production and selling prices
Segment: Steel Analysis of production and selling prices • Production: Production volumes are lower compared to the prior year period, with production volumes in Q3-25 exceeding those in Q3-26, with reduced output during the most recent period. • Production volumes declined compared to previous quar
Slide 25: Segment: Steel revenue and net profit
Analysis of segment Segment: Steel revenue and net profit • Revenue: Lower sales volumes more than offset the benefit from higher average sales prices, resulting in a decrease in revenue relative to the same period last year. Sales volumes decreased as a result of lower production output. • Revenue
Slide 26: Segment: Steel EBITDA margins
Segment: Steel Analysis of segment EBITDA margins Despite logistical challenges, the Steel segment continues to generate EBITDA with resilient margins 35% 450 35% 400 28% 24% 30% 350 26% 24% 25% 25% 300 22% 21% 19% 250 19% 20% 15% 17% 18% 19% 13% 16% 15% 15% 409 200 12% 14% 14% 15% 313 300 150 11% 2
Slide 27: Dividends and market capitalization
Dividends and market capitalization 27 INDUSTRIES QATAR | Quarterly Financial Update (2014 Q4) | Page 27
Slide 28: Dividends and market capitalization
Dividends and market capitalization The Company has been included in the MSCI Qatar Index since May 2014 116% 120% 1.60 100% 100% 100% 91% 94% 1.40 89% 100% 83% 82% 80% 80% 1.20 72% 75% 75% 70% 69% 67% 68% 80% 1.00 60% 54% 55% 54% 52% 55% FY24 Payout FY25 Payout 60% 0.80 Ratio: 100% Ratio: 100% 40%
Slide 29: Governance structure
Governance structure 29 INDUSTRIES QATAR | Quarterly Financial Update (2014 Q4) | Page 29
Slide 30: Governance structure
Governance structure Board structure Governance and compliance • IQ Board of Directors consists of eight (8) Directors, of • IQ is firmly committed to implementing the principles of whom seven (7) were appointed by the Special good governance set out in the Governance Code for Shareholder, QatarEner
Slide 31: Governance structure
Governance structure Remuneration Disclosure and transparency • Board of Directors: The Company has developed a • The Board ensures that all disclosures are made in periodically revisited remuneration policy for Board accordance with the requirements set by regulatory members. The policy has fixed c
Slide 32: Sales and marketing
Sales and marketing 32 INDUSTRIES QATAR | Quarterly Financial Update (2014 Q4) | Page 32
Slide 33: Sales and marketing
Sales and marketing • QatarEnergy Marketing is the current marketer of Qatar’s regulated petrochemical and fertilizer products, under the issuance of Law No. (9) of 2024. • Accordingly, the products of the petrochemical and fertilizer segments are now marketed by QatarEnergy Marketing, which assumed
Slide 34: For further information, Industries Qatar can be contacted
For further information, Industries Qatar can be contacted as follows: Telephone: (974) 4013 2080 Fax: (974) 4013 9750 Email: iq@qatarenergy.qa Address: PO Box 3212, Doha, State of Qatar Please refer to www.iq.com.qa for the latest information, publications, press releases and presentations about In