Teraplast Sa · BVB:TRP
Teraplast Sa — Investor Day (March 2022)
30 slides from Teraplast Sa's investor day presentation, Mar 3, 2022
Slide 1: Romania Investor Day
ROMANIA INVESTOR DAY March 3rd, 2022
Slide 2: What is it all about
What is it all about The path to the largest polymer processor in CEE TeraPlast: a high-performance company Business model and sustainability Extraordinary outlook Conclusions IR contact Annex
Slide 3: Development is in our DNA
Development is in our DNA TeraPlast Group is one of the largest Romanian entrepreneurial groups with 125 years of tradition, extensive expertise in polymer processing industry and an annual turnover of over EUR 100 million. The Group has a proven track record of solid growth and innovation. 2021 •Ma
Slide 4: Operational and stock exchange performance
Operational and stock exchange performance Shareholding structure Controlling shareholder: Mr. Dorel Goia, also Chairman of the Board Legal entities We have performed during 2021, with +53% in turnover, +34% in EBITDA and +48% 20,11% in net profit Dorel Goia 46,83% We are one of the best-performing
Slide 5: TRP evolution on the stock exchange – key figures last 12M
TRP evolution on the stock exchange – key figures last 12M* 2nd 3rd Total value Average of most traded stock in the reference index of most traded stock in the reference index of 152 mln 603.425 EUR / day BSE in the last 12M by no. BSE in the last 12M by EUR in the last 12M of transactions volume Tr
Slide 6: TeraPlast Group has a diversified structure with multiple synergies
TeraPlast Group has a diversified structure with multiple synergies • Leader of the Romanian exterior sewerage market and compounds market in Romania, on BSE since 2008. • 2021 investment plan included EUR 20 mln in expanding the production capacities for interior sewerage, PE-Xa systems and water &
Slide 7: Market leader on multiple segments
Market leader on multiple segments Installation Compounds Rigid PVC recycling TeraPlast Industrial Park TeraPlast Industrial Park TeraPlast Industrial Park Romania Romania Romania Leader on the PVC exterior The largest producer of micronized sewerage market Leader on the Romanian market recycled PVC
Slide 8: Production facilities in constant development
Production facilities in constant development Three production sites: Bistrița, Sărățel, Năsăud Own distribution & production sites The production activity is backed by the 6 own distribution centers and the large distribution network. The total production surface of the Group: Bistrița Sărățel P. N
Slide 9: Business model snapshot
Business model snapshot Client structure - 9M 2021 The Group has good reputation among its clients and suppliers being recognized as a Constructors Others trustworthy, strategic business partner 0,3% 1% DYI ➢ Tight credit risk monitoring internal & external (insurance) 14% ➢ Effective purchasing pol
Slide 10: 2021 Environment
2021 Environment ➢ The construction market kept its evolution in 2021, the number of completed projects being larger than in 2020 (+61% in 2021*), in spite of a slight slowdown to the end of 2021 (-0,9%**). ➢ Engineering works decreased in the second half of 2021 (-5,5%**) due to the prolonged and s
Slide 11: Market opportunities
Market opportunities 54,5% 300 mln EUR is worth the flexible packaging Of the resident population in Romania is market in Romania, of which 50% connected to a sewerage network that has are imports a treatment station in 2020* 1,88 bln EUR 55,8% Budgeted for infrastructure through National Recovery &
Slide 12: What drives us
What drives us Our objective is to become the largest polymer processor TeraPlast Group is one of the largest Romanian entrepreneurial groups with 125 years of in Central and Eastern Europe* tradition and a proven track record of innovation and development in the polymer processing field. and for th
Slide 13: Long history of pioneering
Long history of pioneering We have industry-specialized colleagues that carry out the internalized R&D activity. We also have an internal testing laboratory, accredited by RENAR – the national Accreditation Body. Through the R&D activity, TeraPlast marked a series of premieres in terms of uniqueness
Slide 14: ESG driven
ESG driven We save * We save We implement a 62 000 tons 660 tons paperless of CO2 annualy of CO2 annualy culture By generating over 11% of Through automations, By the activity of the necessary energy through reducing the number of TeraPlast Recycling the PV plant physical billing and digital signatu
Slide 15: We integrate sustainable development in our day-by-day activity
We integrate sustainable development in our day-by-day activity We take advantage of digitalization to optimize our production processes, to intensify our customer relations ERP multi-module systems: RPA (robotics process automation Warehouse Management System, Production planning tool - & create ef
Slide 16: 2021 Key figures
2021 Key figures The Group doubled during 2019 – 2021 both in sales and EBITDA and rose almost 5 times in net profit +53% +34% +48% +39% TURNOVER EBITDA NET PROFIT* OPERATING EBITDA MARGIN PROFIT 124 15 9 11 MIL. EUR 12,1% MIL. EUR MIL. EUR MIL. EUR (2020: 81,3 MIL. EUR) (2020: 11,2 MIL. EUR) (2020:
Slide 17: 2021 Key figures by segment
2021 Key figures EUR, thousand Installations Compounds Windows Flexible 2021 vs. 2020 in volumes Group total & Recycling & Recycling & Doors Packaging Turnover 124.312 82.318 29.817 8.770 3.406 % vs 2020 53% 38% 106% 22% n/a EBITDA 15.089 10.133 5.420 202 - 751 >21 mln. linear meters of pipes 18% %
Slide 18: Consolidated turnover evolution 12M 2021 vs 12M 2020
Consolidated turnover evolution 12M 2021 vs 12M 2020 -> half of the increase in turnover is due to price increases as a result of rising raw material prices -> we increased volumes across all product groups. The investment to increase capacity in PVC pipes (2 production lines) is running at capacity
Slide 19: 2022 Budget
2022 Budget ➢ We base our budget on the favorable market conditions generated by: ➢ The commissioning of the major investment projects within the National Resilience and Recovery Plan (starting the second half of the year), structural fund programs and Anghel Saligny ➢ The European Green Deal that w
Slide 20: Segments' P&L summary | 2020-2022B
Segments’ P&L summary | 2020-2022B Installations and recycling Compounds Windows&Doors Flexible Packaging Grup Teraplast 2020 2021 2022b 2020 2021 2022b 2020 2021 2022b 2021 2022b 2020 2021 2022b EUR '000 Net Sales 60.118 82.782 98.660 14.574 29.985 37.350 7.213 8.820 9.393 3.425 12.389 81.905 125.0
Slide 21: 2022 Outlook
2022 Outlook ➢ Starting 2022 the growth pillars of the Group diversify mainly thanks to: ➢ The Flexible packaging business: the biodegradable packaging factory, the streamlining/integration of the polyethylene films production from Somplast and Brikston ➢ The continuous development of TeraPlast Recy
Slide 22: We continue our development on ESG areas
We continue our development on ESG areas ➢ Whistleblowing program in place starting 2021, available to both our employees and our partners ➢ Active LMS platform (Learning Management System) that gives our colleagues the access to learning and training classes to their own pace and with real time pro
Slide 23: Conclusions
Conclusions ➢ The main financial KPIs evolved excellently in 2021 in spite of the complex market environment and the delays generated by external factors regarding commissioning the investments. ➢ The Group continued to sell significant volumes despite the rise in raw materials costs and the decreas
Slide 24: Keep in touch
KEEP IN TOUCH Contact details Keep in touch with our IR team investor.relations@teraplast.ro +40 741 270 439 Stay updated https://investors.teraplast.ro Subscribe to our investor newsletter
Slide 25: Disclaimer
Disclaimer This presentation does not, and is not intended to, constitute or form part of, and should not be construed as, constituting or forming part of, any actual offer to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares issued by the TeraPlast SA or any o
Slide 26: Informative material notice (Romanian)
Actualul material are caracter informativ şi îşi propune să prezinte într-un mod obiectiv compania TeraPlast SA. Este interzisă reproducerea, distribuirea sau publicarea sub orice formă a conţinutului prezentului material de către orice persoană fără acordul prealabil al companiei. ©2021 TeraPlast S
Slide 27: Some of the major sustainable investments we've made
Some of the major sustainable investments we’ve made TeraPlast Recycling The PV plant PVC can be recycled up to Sums up over 8 times Without losing its properties 7.000 modules We have invested Which means over 4 mln 12.000 m2 in surface EUR so far And reached 31.000t And helps us save in annual pro
Slide 28: 2021 P&L summary
2021 P&L summary EUR’000 ✓ RON 233,876 th - net profit 2021, including the profit from the sale of the steel business ✓ RON 5,070 th- contribution of new projects to EBITDA 2021 (7% of total EBITDA), respectively EUR 414 th contribution to net profit (7% of total net profit) ✓ For 2022 we have propo
Slide 29: 2021 Balance Sheet summary
2021 Balance Sheet summary Key aspects Fixed assets additions 2021 of RON 25,3 million (2020: RON 6 million), of which the most significant are on Facilities and Recycling of EUR 14,3 million and Flexible Packaging of EUR 10,5 million. To complete ongoing projects, the Group will invest RON 9,5 mill
Slide 30: 2021 Cash flow summary
2021 Cash flow summary Bridge 2021 Bridge 2022 B