AD Plastik d d : ZSE PrimePlus investicijski webcast, rujan 2023.

PRIME PLUS

INVESTMENT WEBCAST ZSE, SEPTEMBER 2023

H1

RESULTS H1 2023

Main features H1 2023

Recovery of the EU	Drop in the prices of
materials and energy
market
sources

Growth in capacity	Investments in new
utilization	projects

EUR 95.4

Million of sealed

deals

Development activities and industrialization

Operating revenue (MEUR)

75

70

65

60

55

50

45

40

35

30

25

20

15

10

5

0

AD Plastik Group

66.0

57.5 Russia 8%

Russia

17%

EU	EU
+
+	Serbia
Serbia
83%	92%

H1 2022

H1 2023

AD Plastik d.d.

49.6

42.1

H1 2022

H1 2023

75

70

65

60

55

50

45

40

35

30

25

20

15

10

5

0

Effect on revenue

• Normalization of supply chains
• Growth of orders from EU customers
• Price corrections
• Russian market

EBITDA

	AD Plastik Group	AD Plastik d.d.
6,0		5.3				15%
5,0
4,0						10%
					3.2
3,0	2.5	8.0%		2.4
2,0				5.7%	6.4%	5%
1,0	4.3%
0,0						0%
H1 2022	H1 2023	H1 2022	H1 2023

EBITDA and EBITDA margin have been normalized in 2022 for Russia-related value adjustment

Effect on

EBITDA

• Revenue growth
• Price effect
• Better capacity utilization

EBITDA (MEUR)

EBITDA margin

EBITDA (Meur)

EBITDA margin