Delignit Ag · XETR:DLX
Delignit — Eigenkapitalforum 2021
22 slides from Delignit's conference presentation, Nov 23, 2021
Slide 1: Company Presentation
-Ecological material for technological applications- Company Presentation Delignit AG www.delignit-ag.de | 23.11.2021
Slide 2: Agenda
Agenda Business model & strategy Half-year figures 2021 Recent developments Guidance / vision Delignit share © Delignit AG / 23.11.2021 2
Slide 3: Sustainability and innovation have been part of Delignit's DNA since 1799
Sustainability and innovation have been part of Delignit‘s DNA since 1799 HISTROICAL HERITAGE / BEECH SUPPLY IN GERMANY Historical heritage Sustainable raw material base 1799 +30 665 635 Foundation in Blomberg Natural beech supply in Germany, in million m³ 1893 Invention of beech plywood 2012 Net 20
Slide 4: OEMs increasingly evaluating certified sustainable materials to meet carbon reduction targets
OEMs are increasingly evaluating certified sustainable materials to meet ambitious carbon reduction targets DELIGNIT CERTIFICATION/ OEM COMMITMENTS Certified Ambitious carbon sustainability reduction targets „ Conserving resources is one of Volkswagen's goals. That is why Volkswagen also relies on s
Slide 5: Key end-markets underpinned by strong and sustainable growth drivers
Delignit key end-markets are underpinned by strong and sustainable growth drivers BUSINESS UNITS/ GROWTH DRIVERS Key growth drivers Automotive Growing e-commerce drives demand for light commercial vehicles (LCV) with 5.7 % CAGR until 2030* E-Mobility trend in LCV market with 24 % CAGR for eLCV’s unt
Slide 6: Growth strategy based on technology leadership in attractive niches
Delignit growth strategy is based on technology leadership in attractive niches ELEMENTS OF DELIGNIT GROWTH STRATEGY Technology Product leadership 01 02 diversification Innovative solutions Cross-selling Light-weight products More revenues per vehicle Technology Transfer of existing Internationaliza
Slide 7: Agenda
Agenda Business model & strategy Half-year figures 2021 Recent developments Guidance / vision Delignit share © Delignit AG / 23.11.2021 7
Slide 8: European LCV registrations returned to pre-crisis level
European LCV registrations returned to pre-crisis level REGISTRATION FIGURES LCV* IN EUROPE Registration figures LCV** in million units - 18 % 1.7 COVID-19 led to significant drop in LCV registrations and OEM shutdowns in 2020 1.4 + 43 % 1.1 1.1 LCV registrations have seen recovery witnessed by yoy
Slide 9: Record-level revenues and substantial profitability increase in HY I
Delignit achieves record-level revenues and substantial profitability increase in HY I HALF-YEAR FIGURES 2021 / FINANCIAL EFFECTS Revenues EBITDA in € million in € million Financial effects in HY I 2021 6.9 % 6.2 % 8.6 % +41.7 % +105.4 % Strong call-off figures in LCV business 36.3 High call-off fig
Slide 10: Solid balance sheet and stable liquidity
Solid balance sheet and stable liquidity ensures sufficient financial basis to continue expansion and growth IFRS CONSOLIDATED BALANCE SHEET AS OF 30.06. IN € MILLION / NET DEBT IN € MILLION Assets 20.9 Net debt A. Current assets +7% in € million 22.3 B. Non-current assets 19.6 -7.7 - 12 % 17.3 11.9
Slide 11: Agenda
Agenda Business model & strategy Half-year figures 2021 Recent developments Guidance / vision Delignit share © Delignit AG / 23.11.2021 11
Slide 12: Raw material shortages and price increases affect the Delignit group
Current shortages and price increases of raw materials also affect the Delignit group INTERNATIONAL RAW MATERIAL DEVELOPMENT Raw material price Impact on developments the Delignit group Higher lumber prices expected to continue into 2022 High lumber prices are back, and the projections are that it w
Slide 13: Global shortages of electronic components disrupt OEM customer production
Global shortages of electronic components cause disruptions to OEM customer‘s production CLOSURE / INTERRUPTION OF PRODUCTION PLANTS OEM*-CUSTOMER 2021 July August September October November KW KW KW KW KW KW KW KW KW KW KW KW KW KW KW KW KW KW KW KW KW 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 4
Slide 14: Delignit expands production capacity for serial order of motor caravans
Delignit further expands production capacity for serial order of motor caravans MOTOR CARAVAN REGISTRATIONS IN THOUSAND UNITS / ORDER EXTENSION Order extension for Motor Caravan motor caravan serial contract registrations Europe* Volume increase for serial order of motor caravan + 28 % Rising end ma
Slide 15: Cargo securing system with lighting elements leads to new North American OEM order
Delignit‘s product development for cargo securing system with lighting elements „Illumination“ leads to new order from a North American OEM DELIGNIT PRODUCT SOLUTIONS IN LCV MARKET / REVENUE PER VEHICLE Delignit LCV solutions Revenue per vehicle Multifunctional rails Lashing Point 1,400 > 1,300 €/LC
Slide 16: Expanded serial delivery contract for new eLCV model
Delignit expanded serial delivery contract for a new eLCV model by ~10 m over lifetime OVERVIEW NEW SERIAL CONTRACT IN eLCV SEGMENT/ eLCV REGISTRATIONS & MARKET SHARES Order summary eLCV market shares / TCO advantage eLCV 3% 10% 23% Innovative system floor solution (composite construction) for new
Slide 17: Agenda
Agenda Business model & strategy Half-year figures 2021 Recent developments Guidance / vision Delignit share © Delignit AG / 23.11.2021 17
Slide 18: Successful market entries provided basis for sustainable growth; guidance and vision
Successful market entries provided the basis for sustainable growth during the last decade and for the future GROUP REVENUES AND EBITDA MARGIN 2010 - 2020 / GUIDANCE / VISION EBITDA 5.4 4.2 6.3 9.4 8.0 7.5 7.5 9.2 9.3 7.1 9.8 9.0 >10 Management vision margin [%] Market entry Major order Start major
Slide 19: Agenda
Agenda Business model & strategy Half-year figures 2021 Recent developments Guidance / vision Delignit share © Delignit AG / 23.11.2021 19
Slide 20: Delignit share up +102% compared with previous year
The Delignit share has seen an upward tend by +102% compared with the previous year DELIGNIT SHARE PRICE / RESEARCH Delignit share price* / Research 190% DelignitAG SDAX 160% DAX Scale 15,00 € (Buy) Hauck & Aufhäuser (Update 09 Sep 2021) 130% 1y + 102 % 100% 9.40 € as of 11 November 2021 70% 40% 10%
Slide 21: Factsheet
FACTSHEET COMPANY MANAGEMENT BOARD SUPERVISORY BOARD FULLY-CONSOLIDATED COMPANIES (share) Under the Delignit brand name, the Delignit AG develop, manufacture and sell ecological materials Markus Büscher (CEO) Gert-Maria Freimuth (chairman) Blomberger Holzindustrie (100 %) and system solutions from r
Slide 22: Disclaimer
DISCLAIMER This publication does not constitute an offer for sale or a request to purchase Delignit AG securities. By accessing this document you agree to abide by the limitations set out hereafter. The information contained in this document relating to Delignit AG (“Delignit" or the "Company") may