Slide 1: POLYTEC Group Results H1 2024
POLYTEC GROUP Hörsching, 14 August 2024 Results H1 2024
Slide 2: Agenda
AGENDA Financials H1 2024 & Outlook 2024 FY Mastering challenges. Seizing opportunities. Appendix ▫ Financial figures H1 2024 in detail ▫ Automotive Market January to June 2024 ▫ ESG - Sustainability ▫ POLYTEC at a glance 2
Slide 3: Key Figures H1 2024
KEY FIGURES H1 2024 Group sales revenues amounted to Earnings after tax minus EUR 2.7 million EUR 349.6 million (H1 2023: minus EUR 3.7 million) (H1 2023: EUR 339.6 million) Earnings per share minus EUR 0.11 EBITDA amounted to EUR 19.1 million (H1 2023: minus EUR 0.18) (H1 2023: EUR 17.0 mil
Slide 4: Sales Revenues by Market Area H1 2024
SALES REVENUES BY MARKET AREA H1 2024 EUR 349.6 M (+3.0% YOY) etc. 12.4% 14.4% Passenger Cars & Light EUR m 255.8 73.2% Commercial Vehicles Commercial Vehicles EUR m 50.5 Smart Plastic & Industrial Applications EUR m 43.3 etc. 4
Slide 5: Mastering Challenges. Seizing Opportunities.
MASTERING CHALLENGES. SEIZING OPPORTUNITIES.
Slide 6: Mastering Challenges: Sales on Stable Level
MASTERING CHALLENGES: SALES ON STABLE LEVEL – POSITIVE PROGRESS CONFIRMED IN Q2 Market environment Earnings turnaround in Q1 remains uncertain Positive progress confirmed in Q2 Update on operationally underperforming plants: Slight increase in registrations of Plant 1: Further stabilisation, measu
Slide 7: Sales Revenues, EBIT Margin – Quarterly
SALES REVENUES, EBIT MARGIN – QUARTERLY 177,3 171,7 172,3 Sales in EUR m 150,8 145,6 +0.8% +1.1% +1.4 +2.0 EBIT margin 0.0% EBIT in EUR m +0.1 -2.0% -3.0 -2.7% -4.0 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Equity ratio 42.0% 42.0% 41.4% 40.7% 41.0% 7
Slide 8: Seizing Opportunities – POLYTEC Solution Force
SEIZING OPPORTUNITIES POLYTEC SOLUTION FORCE Products highly appreciated in the market promising order intake e.g. thermal management, tractors, reusable logistics containers Innovation e-mobility, sustainability, recyclability POLYTEC UK 2 new assembly and sequencing centres, expansion of t
Slide 9: Proactive Transformation of the Product Portfolio
PROACTIVE TRANSFORMATION OF THE PRODUCT PORTFOLIO 9
Slide 10: Financial Market
FINANCIAL MARKET
Slide 11: Shareholder Structure and Research Coverage
SHAREHOLDER STRUCTURE SINCE 24 AUGUST 2023 RESEARCH COVERAGE Institute (beginning of Aug. 2024) Rating Price target BAADER-Helvea Research, Munich Buy EUR 7.0 ERSTE Group Research, Vienna Hold EUR 4.7 M.M.Warburg Research, Hamburg Hold EUR 4.0 Raiffeisen Research, Vienna Buy EUR 5.0 Average price ta
Slide 12: POLYTEC Share Price YTD
POLYTEC SHARE PRICE: YTD 28.06.2024 & 12.08.2024 12
Slide 13: Book Value Exceeding Market Capitalisation
BOOK VALUE EXCEEDING MARKET CAPITALISATION Market capitalisation: ~71 EUR million Balance sheet total: 531 EUR million Shareholders‘ equity: 218 EUR million Equity ratio: 41.0% Tangible assets: 226 EUR million Interest bearing liablilities: 160 EUR million + Promising order intake of innovative, fut
Slide 14: The Equity Story of the POLYTEC Group
THE EQUITY STORY OF THE POLYTEC GROUP Specialist > SUSTAINABLE for highly STRATEGY complex plastic > HIGH ADAPTABILITY solutions > BROAD TECHNOLOGY PORTFOLIO > STABLE ECONOMIC POSITION 14
Slide 15: Outlook 2024 FY Unchanged
OUTLOOK 2024 FY UNCHANGED From today's perspective, the management of POLYTEC Holding AG expects planned consolidated sales revenues in the range of EUR 660 million to EUR 710 million for the 2024 financial year and is targeting an EBIT margin of around 2% to 3%. The rising sales trend will be stren
Slide 16: Appendix
APPENDIX PASSION CREATES INNOVATION POLYTEC
Slide 17: Financials H1 2024 in Detail
§ FINANCIALS H1 2024 IN DETAIL POLYTEC
Slide 18: Key Figures Quarterly – Q2 2023 to Q2 2024
KEY FIGURES QUARTERLY – FROM Q2 2023 TO Q2 2024 18
Slide 19: Consolidated Income Statement H1/Q2 2024 vs 2023
CONS. INCOME STATEMENT H1/Q2 2024 VS H1/Q2 2023 19
Slide 20: Consolidated Balance Sheet – Assets
CONS. BALANCE SHEET 30.06.2024 VS 31.12.2023 ASSETS 20
Slide 21: Consolidated Balance Sheet – Equity & Liabilities
CONS. BALANCE SHEET 30.06.2024 VS 31.12.2023 EQUITY & LIABILITIES 21
Slide 22: Consolidated Cash Flow Statement – Part 1
CONS. CASH FLOW STATEMENT H1 2024 VS H1 2023 – PART 1 22
Slide 23: Consolidated Cash Flow Statement – Part 2
CONS. CASH FLOW STATEMENT H1 2024 VS H1 2023 – PART 2 23
Slide 24: Automotive Market Jan – Jun 2024
AUTOMOTIVE MARKET JAN – JUN 2024
Slide 25: Passenger Car Registrations Worldwide June 2024
PASSENGER CAR REGISTRATIONS WORLDWIDE JUNE 2024 Explanation: Percentages refer to the period of the previous year Full Year Comparison with pre-crisis year 2019, figures beyond current report period based on estimates EU +EFTA +UK 6.879.400 CHINA +4.4% USA 24/19: -14.9% 9.856.000 24/19: +6.2% 7.810.
Slide 26: Registrations of New Passenger Cars in Europe Jan – Jun 2024
REGISTRATIONS OF NEW PASSENGER CARS IN EUROPE JAN – JUN 2024 Percentages refer to the period of the previous year EU YTD: 5 683 843 +244 955/ +4.5% In June 2024, the EU car registrations increased by 4.3%, driven by gains in three out of the region’s four major markets. June performance of EU’s
Slide 27: New Passenger Car Registrations in the EU by Drive Technology
NEW PASSENGER CAR REGISTRATIONS IN THE EU BY DRIVE TECHNOLOGY: 2017 – JUNE 2024 70% 58,9% 60% 56,7% 51,1% 51,8% 50,3% 50% 47,5% 47,1% New Powertrain 44,0% 40,4% Types 40,0% 40% 35,9% 36,4% 35,3% 35,3% 30,5% Petrol 30% 28,0% 33,5% 36,3% 32,0% 24,5% 28,5% 19,6% 20% 16,4% 10,6% 17,0% 13,6% 12,9% 10% 5,
Slide 28: New Commercial Vehicles Registrations in the EU, EFTA & UK
NEW COMMERCIAL VEHICLES REGISTRATIONS IN THE EU, EFTA & UK – H1 2024 VS H1 2023 Source: ACEA Category Units Change Market Share Light Commercial Vehicles <3.5 t 1 051 857 13,0% 81.4% Medium Commercial Vehicles >3.5 to 16 t 40 105 18.1% 3.1% Heavy Commercial Vehicles >16 t 175 567 -0.6% 13.6% Medium
Slide 29: ESG Sustainability
ESG SUSTAINABILITY
Slide 30: Sustainability @POLYTEC
SUSTAINABILITY @POLYTEC ENERGY PEOPLE tps), Tea” “8 SUPPLY CHAIN sustaingellity CUSTOMERS — ECONOMICALLY FEASIBLE ae ota banca | NS om <2 me //// 30 GO NEUTRAL 2035 POLYTEC’S PATHWAY TO DECARBONISATION fs 2020-2021 ff Conenionet ne ationora German locations a: wall as the Roscondaal plant to carbon.
Slide 31: ESG / Taxonomy Figures 2023 FY
ESG / TAXONOMY FIGURES 2023 FY 31
Slide 32: POLYTEC at a Glance
POLYTEC AT A GLANCE Technology-independent developer and manufacturer of high-quality plastic solutions ~3,900 636 MIO >37 YEARS Automotive and EMPLOYEES SALES REVENUES OF EXPERIENCE non-automotive industry 32
Slide 33: Technological Diversity and Production Expertise
TECHNOLOGICAL DIVERSITY AND PRODUCTION EXPERTISE PRE- & THERMOPLASTICS COMPOSITES POLYURETHANE POST-PROCESSING Multi-component injection Production of glass fibre SMC PUR RRIM / RRIM lightweight Toolmaking moulding Production of carbon fibre SMC PUR rigid / semi-rigid Trimming & cutting (water jet,
Slide 34: Locations
LOCATIONS 18x in Europe 1x in Asia 1x in America 1x in Africa 34
Slide 35: Product Lines
TRUCK, BUS & AGRICULTURAL APPLICATIONS [L | | SMART PLASTICS & NEW MOBILITY POWERTRAIN SOLUTIONS BATTERY APPLICATIONS PAINTED EXTERIOR & ACOUSTIC SOLUTIONS UNDERBODY SOLUTIONS.
Slide 36: We Create Added Value for Our Customers
WE CREATE ADDED VALUE FOR OUR CUSTOMERS Design & technical concept Development of material Simulation Construction & prototyping VALUE CREATION Tooling Testing & validation Industrialising Quality assurance Life cycle assessment 36
Slide 37: The Management Board
THE MANAGEMENT BOARD Markus Huemer, CEO/COO, (mid) Markus Mühlböck, CFO, (left) Peter Bernscher, Deputy Chairman/CCO, (right) 37
Slide 38: IR Contact
IR CONTACT: POLYTEC Holding AG Mr. Paul Rettenbacher – IRO CFO Markus Mühlböck (left) manages the IR agendas jointly E-Mail paul.rettenbacher@polytec-group.com with Investor Relations Manager Paul Rettenbacher (right). T +43 7221 701-292