Slides
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Hörsching, 14 August 2025 POLYTEC GROUP Results H1 2025
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2 AGENDA Financials H1 2025 & Outlook 2025 FY Navigating change. Unlocking Potential. Appendix ▫ Financial figures H1 2025 in detail ▫ Automotive Market January to June 2025 ▫ POLYTEC at a glance
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3 KEY FIGURES H1 2025 Group sales revenues amounted to EUR 357.6 million (H1 2024: EUR 349.6 million) EBITDA amounted to EUR 21.1 million (H1 2024: EUR 19.1 million) EBITDA margin 5.9% (H1 2024: 5.5%) EBIT totalled EUR 5.6 million (H1 2024: EUR 3.5 million) EBIT margin 1.6% (H1 2024: 1.0%) Financial result minus EUR 4.8 million (H1 2024: minus EUR 5.8 million) Earnings after tax EUR 1.4 million (H1 2024: minus EUR 2.7 million) Earnings per share EUR 0.06 (H1 2024: minus EUR 0.11) Equity ratio at 41.9% (31.12.2024: 41.7%) Employees (incl. leasing personnel, FTE as at 30.06.2025): 3,606 (30.06.2024: 3,906) One-offs for reduction of personnel included in Q2
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4 SALES REVENUES, EBIT, EBIT MARGIN, EQUITY RATIO – QUARTERLY 150,8 172,3 177,3 157,5 170,7 181,4 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 -2.0 -2.7% in EUR m 40.7%41.4%Equity ratio -1.3% -4.0 Sales EBIT EBIT margin 41.7% +0.8% +1.4 in EUR m +1.1% +2.0 41.0% 40.1% +2.4 +1.4% Q2 2025 41.9% +2.4 +1.4% 176,2 41.8% +3.2 +1.8% One-offs for reduction of personnel included in Q2
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5 SALES REVENUES BY MARKET AREA 75,6% 14,1% 10,3% Smart Plastics & Industrial Applications etc. etc. Passenger Cars & Light Commercial Vehicles Commercial Vehicles 270.3 m Passenger Cars & Light Commercial Vehicles+5.7% 50.4 m Commercial Vehicles -0.2% 36.9 m Smart Plastics & Industrial Applications-14.8% Group Sales: EUR m 357.6 etc.
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NAVIGATING CHANGE. UNLOCKING POTENTIAL.
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7 NAVIGATING CHANGE. Persistent uncertainties Further decline in car production in Europe of -3% forecast FY2025 vs. FY 2024 (FY 2024 already -6% vs. FY 2023) ‘New normality’ expected in production figures with approx. 15-16 million vehicles per year in Europe Interest rates stabilise at a moderate level Overcapacities at OEMs and suppliers Painted Exterior segment undergoing major changes Overcapacities lead to price pressure Large-scale suppliers are pushing into mid-size niches Current customs dispute & geopolitical situation lead to distortions on the financial markets and cause uncertainty among consumers and companies Unsteady development especially of electromobility complicates capacity & investment planning Reduced quantities, project postponements & cancellations at OEMs
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8 Smart Adaptability NAVIGATING CHANGE ‘Painted exterior’ business area requires a disproportionately high capital investment, complexity of niche business leads to disproportionate overhead costs Work on adjustment of the current product and service portfolio is ongoing to improve strategic orientation and future economic performance. e.g. Local sourcing vs. inhouse production results in significant CAPEX reduction in the UK Weierbach plant: operational turnaround successful at the end of 2024, but no viable continuation scenario can be presented due to market situation. Therefore, closure of Weierbach plant decided for 1st half of 2026. No significant commercial impact in 2025, avoidance of future loss situation. POLYTEC Group’s Sales Revenues H1 25 slightly above H1 24 at 2.3%, driven by tool sales Delay in electromobility, but higher volumes for combustion engines and lifetime extensions less problematic for POLYTEC thanks to cautious investment policy POLYTEC is prepared for a renewed acceleration towards e-mobility Working Capital increased due to controlled inventory build-up for one specific customer and tooling progress.
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9 PRODUCT LINES
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10 UNLOCKING POTENTIAL Balanced portfolio, well prepared for electromobility The current delay in electromobility is having less of a negative impact on POLYTEC due to its very balanced and largely drive-independent product portfolio. Pure ICE; 16% EV; 2% Drive-type independent; 82% 2024pure ICE; 19% EV; 2% Drive-type independent; 79% 2023 POLYTEC SOLUTION FORCE POLYTEC is well prepared for the new start of e- mobility with innovative products: Thermal Management High Voltage Battery Housing Underbody Solutions
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11 Increasingly important pillar for POLYTEC: Growth of over 60% vs 2023 Long-term target 30% share of group sales UNLOCKING POTENTIAL Beyond Automotive – Confirming Smart Plastic Applications approach Zukunftsorientierte Produktsegmente: Reusable transport packaging Components for energy storage & energy transfer
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12 MARKUS HUEMER CEO Chairman of the Board Corporate Strategy, Investment Management, Legal Affairs, IT, Corporate Communications, Sustainability, Sales, Human Resources, Marketing MARKUS MÜHLBÖCK CFO Member of the Board Finance, Controlling, Treasury, Accounting, Investor Relations, Purchasing BOARD OF DIRECTORS – SINCE 7 JULY 2025 MARTIN RESCH COO Member of the Board Operations, Program Management, Operations Services, Engineering
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13 SUPERVISORY BOARD – SINCE 10 JUNE 2025 Terms of office last until AGM for 2027 FY FRIEDRICH HUEMER Chairman of the Supervisory Board GÜNTHER APFALTER Deputy Chairman of the Supervisory Board VIKTORIA KICKINGER Member of the Supervisory Board FRED DUSWALD Member of the Supervisory Board BERNHARD MATZNER Member of the Supervisory Board
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FINANCIAL MARKET
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15 POLYTEC SHARE PRICE PERFORMANCE 2025, YTD 8 AUG. 2025 PYT: EUR 3.30 + 65.0% ATX TR: + 34.9% EU-Auto 600: - 6.4% PYT: EUR 2.00 POLYTEC (PYT) ATX Total Return 8 Aug. 202531 March 2025 30 June 2025
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16 SHAREHOLDER STRUCTURE SINCE 21 JANUARY 2025 RESEARCH COVERAGE Institute (last update July 2025) Rating Price target BAADER Research, Munich Buy EUR 4.00 M.M.Warburg Research, Hamburg Buy EUR 4.90 ODDO BHF SCA Research, Vienna Outperform EUR 3.60 Average price target EUR 4.17 HUEMER Invest GmbH 3,79% LLB Invest KA GmbH*) 5,00% Treasury shares 1,50% Free float 64,10% MH Beteiligungs GmbH 25,61% *) Voting rights of 5.00% are indirectly attributable to LLB Invest Kapitalanlagegesellschaft m.b.H. via its funds in accordance with the Austrian Stock Exchange Act 2018.
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17 ROADSHOWS AND INVESTOR CONFERENCES H2-2025 Date Event 10 September 2025 Presentation at Vienna Stock Exchange Info Day, Vienna 23 September 2025 Attendance on Baader Investment Conference, Munich 25 November 2025 Attendance on German Stock Exchange Equity Forum, Frankfurt
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18 BOOK VALUE EXCEEDING MARKET CAPITALISATION Balance sheet total: 501 EUR million Shareholders‘ equity: 210 EUR million Equity ratio: 41.9% Tangible assets: 222 EUR million Interest bearing liablilities: 133 EUR million (as at 30.06.2025) Market capitalisation: (as at 08.08.2025) ~ EUR 72 million MCap/equity: (as at 08.08.2025/30.06.2025) ~ 34%
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19 THE EQUITY STORY OF THE POLYTEC GROUP Specialist for highly complex plastic solutions > SUSTAINABLE STRATEGY > BROAD TECHNOLOGY PORTFOLIO > STABLE ECONOMIC POSITION > HIGH ADAPTABILITY
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20 OUTLOOK 2025 FY – UNCHANGED From today's perspective, the management of POLYTEC Holding AG expects planned consolidated sales revenues in the range of EUR 650 million to EUR 700 million for the 2025 financial year and is targeting an EBIT margin of around 2% to 3%. The measures introduced in previous periods to increase operational efficiency are showing improvements and are expected to take full effect in the course of the year. In order to optimise the strategic orientation and future economic performance of the POLYTEC GROUP, work is being done to adapt the current production and service portfolio. As a result, the earnings situation is expected to improve further in the medium term. Due to the significant reduction in net debt and improvement in the financial result in conjunction with an assumed further decline in interest rates, a positive result after tax is targeted for the 2025 financial year. However, achieving this outlook is subject to uncertainty. The automotive industry continues to be characterised by a volatile market environment, uncertain development of demand and the faltering transformation towards e-mobility. The POLYTEC GROUP has a strong market position within and outside the automotive sector and is confident for the future.
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APPENDIX
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FINANCIALS H1 2025 IN DETAIL
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23 KEY FIGURES QUARTERLY – FROM Q2 2024 TO Q2 2025
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24 CONS. INCOME STATEMENT H1, Q2 2025 VS H1, Q2 2024
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25 CONS. BALANCE SHEET 30.06.2025 VS 31.12.2024 ASSETS
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26 CONS. BALANCE SHEET 30.06.2025 VS 31.12.2024 EQUITY & LIABILITIES
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27 CONS. CASH FLOW STATEMENT H1 2025 VS H1 2024 – PART 1
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28 CONS. CASH FLOW STATEMENT H1 2025 VS H1 2024 – PART 2
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29 POLYTEC SHARE KEY FIGURES 30.06.2025 VS PREVIOUS YEARS
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AUTOMOTIVE MARKET JAN – JUN 2025
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31 NEW PASSENGER CAR REGISTRATIONS, MAJOR MARKETS – YTD JUNE 2025 China 10 891 900 10.8% 25/19: 10.3% USA 8 094 900 3.9% 25/19: -7.7% Brazil 1 132 700 5.0% 25/19: -5.2% India 2 174 400 0.6% 25/19: 41.5% Japan 1 989 400 10.5% 25/19: -10.8% EU+EFTA+UK 6 815 300 -0.9% 25/19: -17.7% Mexico 708 200 -0.2% 25/19: 15.9% Full Year Comparison with pre-crises year 2019, figures beyond current reporting period based on estimates Source: VDA, S&P | Compared to the same period of the previous year
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32 NEW PASSENGER CAR PRODUCTION, MAJOR MARKETS – FY FORECAST 2025 China 30 970 000 3.9% 25/19: 26.8% India 5 940 000 5.0% 25/19: 41.4% Japan 7 900 000 0.1% 25/19: -14.2% EU+EFTA+UK 15 220 000 -3.0% 25/19: -20.7% North America 14 850 000 -3.9% 25/19: -9.0% South America 3 170 000 7.1% 25/19: -3.1% Source: S&P | Compared to the previous full year Full Year Comparison with pre-crises year 2019, figures beyond current reporting period based on estimates
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33 5,9% -… 4,6% 6,0% 2,9% -39,5% -4,8% -7,9% -4,7% 0,2% 4,3% 3,5% -3,6% 29,1% 40,6% -5,5% 3,0% 6,5% -22,4% -… 5,3% 13,9% 6,6% 24,4% -6,7% 3,5% NEW PASSENGER CAR REGISTRATIONS, EUROPE – YTD JUNE 2025 „BIG 5“ YTD YOY % Germany 1 402 789 -4.7% UK 1 042 219 3.5% France 842 204 -7.9% Italy 855 028 -3.6% Spain 609 801 13.9% EU + EFTA + UK 6 815 320 -0.9% June 2025 (YoY June 2024) Germany -13.8% UK 6.7% France -6.7% Italy -17.4% Spain 15.2% EU + EFTA + UK -5.1% Source: ACEA | Compared to the same period/month of the previous year
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34 NEW PASSENGER CAR REGISTRATIONS, EU+EFTA+UK – BY POWER SOURCE 2017 – JUNE 2025 0,5% 1,3% 2,3% 6,3% 10,3% 14,0% 15,7% 15,4% 17,5% 3,8% 5,1% 7,2% 17,4% 29,4% 32,4% 34,2% 38,7% 43,7% 5,7% 7,9% 11,2% 25,4% 42,0% 48,8% 52,4% 56,6% 63,9% 50,3% 56,5% 58,5% 48,4% 40,4% 36,7% 35,7% 33,0% 27,9%44,0% 35,6% 30,3% 26,2% 17,6% 14,5% 11,9% 10,4% 8,2% 2017 2018 2019 2020 2021 2022 2023 2024 June 2025 Other Power Sources Petrol Diesel *Slight blurring in the separation of BEV and hybrid due to repeated changes in the systematics on the part of ACEA. Hybrid Electric Vehicles (HEV+PHEV) Battery Electric Vehicles (BEV) Other Alternatively Powered Vehicles (APV) 50%
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35 NEW COMMERCIAL VEHICLES REGISTRATIONS, EUROPE – Q1 - 2025 Light Commerical Vehicles ≤3.5 t Medium Commercial Vehicles >3.5 t to <16 t Heavy Commercial Vehicles ≥16 t Medium and Heavy Buses and Coaches >3.5 t EU + EFTA + UK Units 449 566 15 692 71 528 11 658 548 444 Change -12.1% -11.0% -16.0% 5.7% -12.3% Market Share 82.0% 2.9% 13.0% 2.1% 100% Source: ACEA | Compared to the same period of the previous year Market Share EU + EFTA + UK Light Commercial Vehicles Medium Commercial Vehicles Heavy Commercial Vehicles Medium/Heavy Busses & Coaches
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36 POLYTEC AT A GLANCE ~3,700 EMPLOYEES 678 MIO SALES REVENUES >38 YEARS OF EXPERIENCE Technology-independent developer and manufacturer of high-quality plastic solutions Automotive and non-automotive industry
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37 TECHNOLOGICAL DIVERSITY AND PRODUCTION EXPERTISE Production of glass fibre SMC Production of carbon fibre SMC SMC/LFT/GMT compression moulding UD-Tape application Hybrid compression moulding (LWRT-LFT) Wet pressing In-Mould-Coating Up to 4300 tons clamping force PUR RRIM / RRIM lightweight PUR rigid / semi-rigid Blow moulding Up to 630 tons clamping force Multi-component injection moulding Assembly injection moulding WIT (water injection technology) GIT (gas injection technology) PIT (projectile injection technology) In-Mould-Decoration Injection-Moulding-Compounding High-gloss technology Up to 4000 tons clamping force Toolmaking Trimming & cutting (water jet, laser, milling) Joining technologies (ultrasonic, hot gas, etc) Testing & validation Class A painting Metal & stainless-steel processing Assembly Just-in-sequence delivery THERMOPLASTICS PRE- & POST-PROCESSING COMPOSITES POLYURETHANE
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38 LOCATIONS 19x in Europe 1x in Asia 1x in America 1x in Africa
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39 WE CREATE ADDED VALUE FOR OUR CUSTOMERS Design & technical concept Development of material Simulation Construction & prototyping Tooling Testing & validation Industrialising Quality assurance Life cycle assessment VALUE CREATION
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IR CONTACT: POLYTEC Holding AG Mr. Paul Rettenbacher – IRO E-Mail paul.rettenbacher@polytec-group.com T +43 7221 701-292 CFO Markus Mühlböck (left) manages the IR agendas jointly with Investor Relations Manager Paul Rettenbacher (right).