Suominen Oyj · OMXHEX:SUY1V
Suominen Oyj — Q1 2026 Earnings Presentation
16 slides from Suominen Oyj's earnings presentation, May 7, 2026
Slide 1: Suominen Q1 2026
SUOMINEN Q1 2026 Charles Héaulmé, President & CEO Janne Silonsaari , CFO May 7, 2026
Slide 2: Agenda
Agenda Q 1 202 6 in brief Financial review Full Potential Program Outlook 202 6 Q&A 2 May 7, 2026
Slide 3: Q1 2026: Profitability improvement program underway
Q 1 202 6: Profitability improvement program underway Q1 /202 6 • Net sales decreased by 1 9% and were EUR 95.6 million ( Q1 202 5: 117.5) • Comparable EBITDA decreased to EUR 2.2 million (4.1) • Cash flow from operations was EUR 4.5 million ( - 0.4 ) Key events • Two major incidents at our US plant
Slide 4: Financial Review
FINANCIAL REVIEW
Slide 5: Net sales impacted by lower volumes and currency effects
N et sale s impacted by lower volumes and currency effects Quarterly net sales, EUR million Net sales variance, EUR million 120 118.7 111.6 118.5 117.5 140 99.8 99.8 118 100 95.3 95.6 120 100 - 08 96 80 - 08 - 06 80 60 60 40 40 20 20 0 0 Q2/24 Q3/24 Q4/24 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/2025 Organi
Slide 6: Comparable EBITDA Q1 2026 affected by lower volumes
Comparable EBITDA Q1 2026 affected by lower volumes Comparable quarterly EBITDA, EUR million Comparable EBITDA variance, EUR million 6 5 5.0 00 5 5 04 4.5 4.2 4 4.1 4 4 3.3 3.4 3.2 3 3 3 01 02 2.2 1.9 2 00 2 2 - 03 1 1 1 0 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 0 Q1/2025 Organic Excep
Slide 7: Consolidated statement of profit or loss
Consolidated statement of profit or loss EUR thousand 1-3/2026 1-3/2025 1-12/2025 Net sales 95,596 117,501 412,433 Cost of goods sold -91,480 -109,157 -386,153 Gross profit 4,116 8,344 26,280 Other operating income 975 908 2,619 Sales, marketing and administration expenses -8,836 -8,202 -31,503 Rese
Slide 8: Cash flow from operations supported by net working capital
Cash flow from operations supported by net working capital Cash flow from operations, EUR million Cash flow from operations, EUR million 20 60 57.0 15.7 15 50 10 6.5 7.0 40 4.5 30.7 5 2.1 30 0 - 0.4 20 -5 - 2.2 - 2.6 14.0 11.1 12.2 10 -10 3.9 4.5 - 10.1 -15 0 2020 2021 2022 2023 2024 2025 Q1 2026 Q1
Slide 9: Full Potential Program
F ULL POTENTIAL PROGRAM
Slide 10: Our transformation focuses first on resetting profitability, then we will scale the business
Our transformation focuses first on resetting profitability, then we will scale the business Suominen Profitability (EBITDA %) Suominen Phase II Suominen by 2030 While the short - term Phase I 10%+ priority is resetting by 2028 10% profitability, Suominen will also be Strategic Suominen establishing
Slide 11: We have started executing our Full Potential Program in 2026
We have started executing our Full Potential Program in 2026 to deliver on 3 - year objectives, tackling all areas without exception Fixed costs and operating model Deliverables 2028 - Safety: zero accident Direct and indirect supply savings - Growth with existing capacity - Raise EBITDA from 3% to
Slide 12: Outlook
OUTLOOK
Slide 13: Outlook for 2026
Outlook for 202 6 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2026 will improve from 2025. In 2025, Suominen’s comparable EBITDA was EUR 12.6 million. 13 May 7, 2026
Slide 14: Q&A
Q&A
Slide 15: Q2/2026 result publication on August 7
Q 2/202 6 result publication on August 7 , 202 6 15 May 7, 2026
Slide 16: Suominen - Pure Nordic Quality
{—_ Suominen PURE NORDIC QUALITY