Nine Months 2019 Results Contents 1 Main features 2 Sales 3 - - PowerPoint PPT Presentation

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Sep 13, 2023 132 likes •303 views

Nine Months 2019 Results Contents 1 Main features 2 Sales 3 Results 9M 2019 4 Expectations 2019 www.adplastik.hr 2 Main features Revenue above market movements Clio lio 5 and Tw Twingo 1,0 1,095.32 MHRK 133.54 MHRK 13 REVENUE

SLIDE 1

Nine Months 2019 Results

SLIDE 2

1 Main features 2 Sales 3 Results 9M 2019 Contents

www.adplastik.hr 2

4 Expectations 2019

SLIDE 3

www.adplastik.hr 3

1,0 1,095.32 MHRK

REVENUE +16.6%

Main features

63.86 MHRK

PROFIT+6.28%

2. 2.58

NFD/EBITDA

12 12.2%

EBITDA MARGIN

5.8%

NET PROFIT MARGIN

Revenue

above market movements

13 133.54 MHRK

EBITDA +3.57%

Clio lio 5 and Tw Twingo

start of serial production

17 174.9 MEUR

f new deals

HRK 12 12.5 per sha hare

dividend (dividend yield 7.2%)

Cap apacity expansion

in Croatia and Russia

SLIDE 4

11,9 12,6 13,7 14,6 15,1 15,2 15,0 14,9 15,2 15,5 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Source: ACEA, AD Plastik Group

Average annual growth 0.5%

859.18 MHRK Revenue 24.84% Growth

European market

AD Plastik Group 9M 2019

www.adplastik.hr 4

New car market in the EU, millions of pieces 78.44% European market

Russian market 21.56%

European market 9M 2019 11.8 M Newly registered cars

1.6%

Drop

SLIDE 5

2,8 2,5 1,6 1,4 1,6 1,8 1,8 1,9 2,1 2,2 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Source: PWC analysis, February 2019

Average annual growth 5.4%

236.14 MHRK Revenue

5.97%

Drop

Russian market

AD Plastik Group 9M 2019

www.adplastik.hr 5

New car market in Russia, millions of pieces

78.44% European market

Russian market 21.56% 1.3 M Newly registered cars

2.0%

Drop Russian market 9M 2019

SLIDE 6

www.adplastik.hr 6

New deals

NEW DEALS SEALED

174.9 MEUR

EUROPEAN MARKET

57.0 MEUR

RUSSIAN MARKET

117.9 MEUR

AVERAGE DURATION OF PROJECTS

7,7 years

THE MOST SIGNIFICANT DEALS Renault Logan and Sandero 83.4 MEUR PSA Group 26.1 MEUR Lada Granta 24 MEUR Fiat 500e and Jeep Compass 20.7 MEUR

SLIDE 7

www.adplastik.hr 7

Key projects

Renault Clio (6/2019) 160M€ in 5 years

the second best-selling vehicle in Europe

Renault Twingo (4/2019) 100M€ in 5 years Ford Puma (10/2019) 80M€ in 8 years Smart (11/2019) 21.6M€ in 4 years Renault Logan and Sandero (Q2/2021) 83.4M€ in 8 years

among the 15 best-selling cars in Russia

SLIDE 8

Operating revenue (MHRK)

www.adplastik.hr 939,4 1.095,3 692,5 774,7 0,0 200,0 400,0 600,0 800,0 1.000,0 1.200,0 9M 2018 9M 2019 9M 2018 9M 2019 AD Plastik Group AD Plastik d.d. 8 EU+ Serbia 73.3% Russia 26.7% EU+Serbia 78.4% Russia 21.6%

Effect on revenue

revenue of the Hungarian

company Tisza Automotive

realization of projects in the

parent company

Renault Group, Hella, Ford,

PSA Group

revenue from tools growth

in the parent company

SLIDE 9

67,6 80,2 9,8% 10,4% 0% 5% 10% 15% 20% 25% 30% 9M 2018 9M 2019 AD Plastik d.d. EBITDA (MHRK) EBITDA margin www.adplastik.hr 9

EBITDA

128,9 133,5 13,7% 12,2% 0,0 30,0 60,0 90,0 120,0 150,0 9M 2018 9M 2019 AD Plastik Group EBITDA (MHRK) EBITDA margin

Effect on EBITDA

Serial production for the

new projects in the parent company (Twingo and Clio 5) has started

Tisza Automotive

SLIDE 10

www.adplastik.hr 10

Net profit

63,2 56,4 9,1% 7,3% 0% 5% 10% 15% 20% 9M 2018 9M 2019 AD Plastik d.d. Net profit (MHRK) Net profit margin 60,1 63,9 6,4% 5,8% 30,0 40,0 50,0 60,0 70,0 9M 2018 9M 2019 AD Plastik Group Net profit (MHRK) Net profit margin

Effect on net profit

EBITDA growth in the Group

and the parent company

Lower negative exchange

rate differences in the Group

Lower dividend income in

the parent company

SLIDE 11

www.adplastik.hr 11

Debt

310,0 357,1 3,82 3,81 0,00 2,00 4,00 6,00 8,00 10,00 2018 9M 2019 AD Plastik d.d. NFD (MHRK) NFD/EBITDA 381,1 428,5 2,36 2,58 200,0 250,0 300,0 350,0 400,0 450,0 2018 9M 2019 AD Plastik Group NFD (MHRK) NFD/EBITDA

Effect on debt

Investments in the parent

company

Financing part of the tools

for new projects

SLIDE 12

Investments

www.adplastik.hr 12

93.1 MHRK

INVESTED IN TANGIBLE ASSETS

32. 2.4 MHRK

INVESTED IN INTANGIBLE ASSETS Capacity utilization

EU+Serbia > 90%
Russia > 85%

SLIDE 13

www.adplastik.hr 13

Affiliated company EAPS (JV)

603 03.18 MHRK

REVENUE -0.8%

89 89.38 MHRK

EBITDA +9.1%

59.9 MHRK

PROFIT +2.6% EBITDA margin 14

14.8% EAPS 1,3 1,385.9 MHRK

REVENUE +12.2%

17 178.23 MHRK

EBITDA +4.9%

63.9 .9 MHRK

PROFIT +6.3%

AD PLASTIK GROUP + EAPS

High capacity level No financial debt Payment of 80% of 2018 profit EBITDA margin 12.

12.9%

SLIDE 14

> > 14 14%

REVENUE GROWTH

Expectations 2019

www.adplastik.hr 14

12 12%

EBITDA MARGIN

6% 6%

NET PROFIT MARGIN

SLIDE 15

www.adplastik.hr

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