Suominen Oyj · OMXHEX:SUY1V

Suominen Oyj — Q1 2022 Earnings Presentation

16 slides from Suominen Oyj's earnings presentation, May 4, 2022

  1. Slide 1: Q1/2022 results

    poe ) SUOMINEN Q1/2022 Petri Helsky, President and CEO” Toni Tamminen, CFO: May 4, 2022

  2. Slide 2: Net sales were EUR 110.3 million (115.3)

    Net sales were EUR 110.3 million (115.3) Comparable EBITDA was EUR 3.3 million (18.5) Cash flow from operations was EUR -2.7 million (16.0) Outlook updated

  3. Slide 3: Financial review

    FINANCIAL REVI

  4. Slide 4: Net sales development in Q1/2022

    • In Q1/2022 sales volumes decreased while sales prices increased following higher raw material prices. Currencies impacted net sales positively by EUR 4.6 million • Share of new products continued above 25% of net sales reaching 30% for Q1

  5. Slide 5: EBITDA was EUR 3.3 million (18.5)

    • EBITDA was EUR 3.3 million (18.5). Currency impact was positive EUR 0.6 million in the quarter • Decrease in EBITDA was driven by lower sales volumes and clearly higher raw material, energy and freight costs for which the higher sales prices could not fully compensate

  6. Slide 6: Consolidated statement of profit or loss

    Consolidated statement of profit or loss EUR thousa: 13/2022 1-3/2021 2021 110,269 115,333 443,219 103,687 95,125 392,390 6,582 20,208 50,828 315 845 4,434 7,255 ~6,622 -26,238 -795 -600 -2,678 116 -238 595, Operating profit -1,268 13,592 26,941 Net financial expenses -930 3,266 -390 Profit before i

  7. Slide 7: Cash flow from operations

    Cash flow from operations Cash flow from operations, EUR million Cash flow from operations, EUR million 25 20 94 a | 29 2 | qt I Q3/20 Q4/20 Q1/21 pia f Q4/2t Me 60 50 40 570. 32.1 29.9 22.2 | 114 2017 2018 2019 2020 2021 cae Cash flow from operations was EUR -2.7 million (16.0) + The decline in cas

  8. Slide 8: Change in calculation of alternative performance measures

    • Suominen has decided to change the calculation of its alternative performance measures “Invested capital” and “Return on invested capital (ROI), %” to have them better reflect the performance of the core business of Suominen • New formulas • Old formulas

  9. Slide 9: Progress in strategy

    PROGR! EOS IN STRAT] EGY

  10. Slide 10: Mission, Vision and Strategy

    Mission Vision Enabling our customers to win Frontrunner for nonwovens by creating quality nonwovens innovation and sustainability Strategy: Growth and profitability through sustainability, customer focus and efficiency We will grow by creating innovative and more sustainable nonwovens for our custo

  11. Slide 11: Examples of strategy implementation

    Examples of strategy implementation Investing in capabilities: Investment project in Italy completed in 2021 * Excellent timing * Next generation sustainable products ° High customer interest Ww May 4, 2022 Sustainable products: Achievement Award for our sustainable, flushable product HYDRASPUN® Aqu

  12. Slide 12: Outlook

    OUTLOOK

  13. Slide 13: Outlook: comparable EBITDA expected to decrease clearly in 2022

    Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2022 will decrease clearly from 2021. The war in Ukraine has increased the already significant cost inflation in raw materials, energy and transportation. Also, while there has been progre

  14. Slide 14: & Suominen

    < D ©) & Suominen 90000000 000 BN 0000000000 0 Swe OOO OOGOOOOO © 0 O BS

  15. Slide 15: Q2/2022 result publication on August 9, 2022

    Q2/2022 result publication on August 9, 2022

  16. Slide 16: Suominen - Pure Nordic Quality

    Sa Suominen PURE NORDIC QUALITY

Suominen — Q1 2022 Earnings Presentation on 6ix