Page 1

CAPRAL ASX ANNOUNCEMENT CAPRAL ALUMINIUM 25 August 2021 Capral Limited ABN 78 004 213 692 ASX : CAA Level 4 , 60 Phillip St Parramatta NSW 2150 PO Box 209 , Parramatta CBD BC NSW 2124 T 02 8222 0112 F 02 8222 0130 www.capral.com.au Capral delivers strong earnings for Half Year 2021 Capral Limited ( ASX : CAA ) ( " Capral ” ) , Australia's largest extruder and distributor of aluminium products , today released its financial results for the 6 months ending 30 June 2021 ( 1H21 ) . The key highlights are summarised below ; • ■ • ■ ■ ■ Half year result significantly above prior period and ahead of latest guidance Volume up 33 % on prior period to 36,000 tonnes on back of buoyant market conditions in residential building and key industrial sectors Trading EBITDA¹ of $ 15.7m ( 1H20 : $ 5.8m ) and EBITDA¹ of $ 26.2m ( 1H20 : $ 17.0m ) Profit after tax of $ 15.7m ( 1H20 : $ 4.8m ) includes deferred tax benefit of $ 2.0m Earnings per share at 93 cents Strong balance sheet with net cash of $ 33.8m Interim dividend declared at $ 0.20 per share , fully franked Improved operating leverage in extrusion plants and benefits continue to flow from the 2019 operational restructure Increased market share against imports has been maintained Acquisition of extrusion plant at Smithfield ( NSW ) completed and successfully integrated into Capral's extrusion manufacturing network Improved outlook and upgrade to FY21 earnings guidance , as contained in the Results Presentation Please see attached Capral's Half Year 2021 Report and Results Presentation . Conference Call Details Capral Limited ( ASX : CAA ) wishes to advise that it released its half year results for the period ended 30 June 2021 on Wednesday , 25 August 2021 . Capral's Managing Director and CEO , Tony Dragicevich , and Chief Financial Officer , Tertius Campbell will host a teleconference commencing at 11:30 am ( AEST ) today . Participants can register for the conference by navigating to https://s1.c-conf.com/diamondpass/10015487-037snv.html Approved and authorised for release by Capral's Board of Directors . For further information please contact : Corporate Lyn McGee , Capral P : +61 2 8222 0112 E : lyn.mcgee@capral.com.au Yours faithfully Tony Dragicevich Managing Director Investors Adrian Mulcahy , Market Eye P : +61 3 9591 8902 E : adrian.mulcahy@marketeye.com.au 1 EBITDA is defined as Earnings before Interest , Tax , Depreciation and Amortisation . Trading EBITDA is EBITDA adjusted for significant items that are material items of revenue or expense that are unrelated to the underlying performance of the business . For the current period , these items are LME and FX revaluation ( $ 1.5 million ) and including depreciation and interest on Right of Use assets as proxy for rent ( $ 9.0 million ) . Capral believes that Trading EBITDA provides a better understanding of its financial performance and allows for a more relevant comparison of financial performance between financial periods . The trading EBITDA is presented with reference to the ASIC Regulatory Guide 230 " Disclosing non - IFRS financial information " issued in December 2011 .