Arkema Sa · EURONEXT:AKE
Arkema Sa — Q3 2025 Earnings Presentation
21 slides from Arkema Sa's earnings presentation, Nov 7, 2025
Slide 1: Third-quarter 2025 results and outlook
Third-quarter 2025 results and outlook 07/11/2025
Slide 2: Q3'25 key takeaways
Q3’25 key takeaways Challenging macroeconomic environment including a lower than expected demand in the US over the summer Sales -4.7% vs Q3’24 at constant €2,187m exchange rates Very solid cash flow generation supported by strong operational and capital discipline EBITDA Group EBITDA down reflectin
Slide 3: A strong focus on cost savings
A strong focus on cost savings Large number of initiatives ramping up across Strict management all functions and business lines of our operations • Reduction of discretionary expenses Objective to broadly offset fixed costs inflation • Streamlining of operations with the reorganization of Jarrie and
Slide 4: Sustainable innovation for next-generation batteries
Sustainable innovation for next-generation batteries Inauguration of a new laboratory in France LFP representing for next-generation battery already 50% of battery technologies in 2024 • Dedicated to exploring and advancing the solvent-free and expected to continue dry coating process for battery el
Slide 5: Launch of a new One Arkema platform dedicated to the growing data center market
Launch of a new One Arkema platform dedicated to the growing data center market Chillers Our ambition Forane® refrigerants Wiring and cables > €100m sales for building cooling Kynar® PVDF in overhead wire and cables with self extinguishing properties in 2030 Waterproofing Ground and roof water prote
Slide 6: Leveraging One Arkema solutions in the attractive and high value Advanced Electronics market
Leveraging One Arkema solutions in the attractive and high value Advanced Electronics market Chip and PCB manufacturing Device manufacturing Data centers Chip and PCB production & packaging Display materials Device components Device assembly PIAM polyimides films to protect PIAM polyimides film and
Slide 7: Projects ramp-up supporting our strategic roadmap on Specialty Materials
Projects ramp-up supporting our strategic roadmap on Specialty Materials Acquisition CAPEX Europe Additional contribution Pebax® for sports goods of projects to EBITDA +€60m in 2025 vs 2024 North America Asia & RoW Ashland Performance Adhesives PI Advanced Materials (54%) Dow laminating adhesives PV
Slide 8: Finalization of the refinancing of 2026 bond maturities
Finalization of the refinancing of 2026 bond maturities 1,100 900 Issuance of a €500m green bond in September 2025 1.5% (3.5% rate, 8-year maturity) 700 4.25% 500 500 500 400 0.75% 400 400 3.5% 3.5% Extended debt1 maturity 300 300 4.8% 4.25% 3.5% to 4.6 yrs at end-Q3 1.5% 0.125% Solid credit rating
Slide 9: Outlook FY'25
Outlook FY’25 Global context marked by limited visibility, geopolitical tensions, the increase in tariffs and a weak demand environment. Large number of initiatives ramping up across all functions and business lines to optimize and streamline activities with the objective to broadly offset fixed cos
Slide 10: Detailed Q3 Results
Detailed Q3 Results 07/11/2025
Slide 11: Q3'25 financial highlights
Q3’25 financial highlights → Down 4.7% YoY at constant exchange rates: • Volumes down 2.5% reflecting the lower demand in the US over the summer, and the overall weakness in Europe while Asia, in particular China, remains more resilient €2,187m sales • Strong momentum with ~20% YoY sales growth in b
Slide 12: Key figures
Key figures in €million Q3’25 Q3’24 Change 9m’25 9m’24 Change Sales 2,187 2,394 -8.6% 6,963 7,271 -4.2% EBITDA 310 407 -23.8% 1,003 1,208 -17.0% Specialty Materials 296 377 -21.5% 960 1,109 -13.4% Intermediates 38 51 -25.5% 116 174 -33.3% Corporate -24 -21 -73 -75 EBITDA margin 14.2% 17.0% 14.4% 16.
Slide 13: Sales evolution reflecting market conditions and currency effect
Sales evolution reflecting market conditions and currency effect -2.5% -3.7% -3.9% +1.5% Lower demand in the Impact of the Depreciation of Integration of Dow’s US over the summer acrylic cycle the US dollar and laminating adhesives and overall weakness certain Asian business in Europe currencies aga
Slide 14: Adhesive Solutions (31% of Group sales in Q3'25)
Adhesive Solutions (31% of Group sales in Q3’25) Key figures Highlights Q3’25 in €m Q3’25 Q3’24 Change 9m’25 9m’24 Change → Limited sales decrease of 1% despite Sales 675 682 -1.0% 2,106 2,068 +1.8% negative 3.8% change effect EBITDA 93 107 -13.1% 295 321 -8.1% • Volumes down 3.1% EBITDA margin 13.8
Slide 15: Advanced Materials (37% of Group sales in Q3'25)
Advanced Materials (37% of Group sales in Q3’25) Key figures Highlights Q3’25 in €m Q3’25 Q3’24 Change 9m’25 9m’24 Change → Sales down 4.5% at constant exchange Sales 810 885 -8.5% 2,621 2,681 -2.2% rates, impacted mainly by volume decrease in Performance Additives EBITDA 152 189 -19.6% 503 541 -7.0
Slide 16: Coating Solutions (25% of Group sales in Q3'25)
Coating Solutions (25% of Group sales in Q3’25) Key figures Highlights Q3’25 in €m Q3’25 Q3’24 Change 9m’25 9m’24 Change → Decrease of sales by 15.2% Sales 532 627 -15.2% 1,704 1,890 -9.8% • Volumes down 5.8% EBITDA 51 81 -37.0% 162 247 -34.4% - Weak demand environment, notably EBITDA margin 9.6% 12
Slide 17: Intermediates (7% of Group sales in Q3'25)
Intermediates (7% of Group sales in Q3’25) Key figures Highlights Q3’25 in €m Q3’25 Q3’24 Change 9m’25 9m’24 Change → Sales down 15.7% Sales 161 191 -15.7% 506 603 -16.1% • Sharp volume rise of 16.7% offset by EBITDA 38 51 -25.5% 116 174 -33.3% negative 21.6% price effect on a high comparison basis
Slide 18: Very solid cash generation in Q3'25
Very solid cash generation in Q3’25 in €million Q3’25 Q3’24 9m’25 9m’24 EBITDA 310 407 1,003 1,208 → Continued strict management of working capital Taxes -25 -52 -98 -145 17.3% of annualized sales Cash items included in the financial results -30 -15 -83 -41 at end-September 2025 (17.0% at end-June 2
Slide 19: Net debt decrease by almost €200m over the quarter
Net debt decrease by almost €200m over the quarter in €million 2.6x LTM EBITDA 22 10 -207 -2 3,580 3,403 30/06/2025 Rec. cash flow Exceptional items M&A FX and others H1'25 Rec. cash Exceptional FX and 30/06/2025 M&A 30/09/2025 flow items others Third-quarter 2025 results and outlook 07/11/2025 19
Slide 20: Disclaimer
Disclaimer The information disclosed in this document may contain forward-looking statements with respect to the financial condition, results of operations, business and strategy of Arkema. In a context marked by strong geopolitical tensions, where the evolution of the world economy remain uncertain
Slide 21: arkema.com
arkema.com