Grupa Kety (KTY) investor relations material

Executive summary

• Achieved strong financial results in Q3 and the nine-month period of 2025, with significant increases in revenue and net profit despite challenging and variable market conditions in Europe, particularly in construction and industrial sectors.

• Maintained high production capacity utilization (80-90%) across all segments despite weak economic conditions and the holiday period.

• Sales volumes increased across key segments, with margin improvements in Aluminium Systems and stable performance in Flexible Packaging.

• Major acquisition and integration of SELT (formerly CELTA) completed, contributing to revenue and EBITDA growth in Aluminium Systems.

Financial highlights

• Q3 2025 sales revenue reached PLN 1,447 million, up 7% year-over-year; consolidated revenue for 9 months of 2025 was PLN 4,243 million, up 9% year-over-year.

• EBITDA for Q3 2025 grew 17% to PLN 295 million, with a margin of 20.4%; EBITDA for the last 12 months reached PLN 1,018 million.

• Net profit for Q3 2025 rose 20% to PLN 176 million; net profit for 9 months of 2025 was PLN 467 million, nearly flat year-over-year.

• Strong cash flow enabled dividend payments, with PLN 545 million allocated from 2024 profit.

• Net debt to EBITDA ratio improved to 1.2 from 1.6; net financial leverage decreased to 38% from 44% at year-end 2024.

Outlook and guidance

• Full-year EBITDA forecast maintained at PLN 990 million, with management confident in achieving this target.

• CapEx for 2025 expected at PLN 230 million, below the initial PLN 340 million forecast, with some projects shifted to future periods.

• No significant rebound expected in the market; management anticipates continued challenging conditions and stable demand in construction and FMCG packaging.

• Net debt projected to increase in Q4 2025 due to dividend payment and capital expenditures.