Vossloh Aktiengesellschaft · XETR:VOS
Vossloh Aktiengesellschaft — H1 2024 Earnings Presentation
15 slides from Vossloh Aktiengesellschaft's earnings presentation, Jul 25, 2024
Slide 1: Interim Report as of June 30, 2024
INTERIM REPORT AS OF JUNE 30, 2024 WERDOHL, JULY 25, 2024
Slide 2: Disclaimer
DISCLAIMER NOTE This presentation contains statements concerning the future business performance of the Vossloh Group that are based on assumptions and estimations from the Company management. If the assumptions that the projections are based on fail to occur, the actual results of the projected sta
Slide 3: Vossloh achieves highest quarterly orders received in the company's history
VOSSLOH GROUP VOSSLOH ACHIEVES HIGHEST QUARTERLY ORDERS RECEIVED IN THE COMPANY'S HISTORY ORDER SITUATION BUSINESS PERFORMANCE M&A PROJECTS Significant increase in Orders received in Q2/2024 to Sales revenues of €292.0 million in Q2/2024, and in Scandinavian Track Group (STG): €419.5 million, up 22.
Slide 4: Profitability improved, earnings per share increased significantly in the first half
VOSSLOH GROUP PROFITABILITY IMPROVED, EARNINGS PER SHARE INCREASED SIGNIFICANTLY IN THE FIRST HALF OF THE YEAR KEY GROUP INDICATORS NOTES 1-6/2023 1-6/2024 Sales revenues below the previous year's record level as expected; decline in Sales revenues € mill. 600.6 560.9 Core Components and Customized
Slide 5: Equity and equity ratio increased noticeably
VOSSLOH GROUP EQUITY AND EQUITY RATIO INCREASED NOTICEABLY KEY GROUP INDICATORS 1-6/2023 2023 1-6/2024 NOTES 6/30/23 12/31/23 6/30/24 Equity increased noticeably compared to the end of H1/2023 as a result of the Equity € mill. 625.6 638.5 660.3 positive Net income; already high Equity ratio increase
Slide 6: High market demand leads to new record figures - book-to-bill at 1.37
VOSSLOH GROUP HIGH MARKET DEMAND LEADS TO NEW RECORD FIGURES - BOOK-TO-BILL AT 1.37 ORDERS RECEIVED (in € mill.) ORDER BACKLOG (in € mill.) NOTES 905.5 859.4 769.6 65.6 Orders received in the first half of 2024 reach new high and are 11.7 percent 44.9 688.8 higher than the already high prior-year fi
Slide 7: Core Components Division
CORE COMPONENTS DIVISION PROFITABILITY INCREASES IN THE FIRST HALF OF THE YEAR, SALES REVENUES BELOW THE PREVIOUS YEAR'S HIGH FIGURE AS EXPECTED SALES REVENUES (in € mill.) EBITDA (in € mill.) EBITDA MARGIN (in %) EBIT (in € mill.) EBIT MARGIN (in %) 263.8 46.8 44.4 217.2 33.8 33.8 20.4 17.7 15.6 12
Slide 8: Fastening Systems Business Unit
FASTENING SYSTEMS BUSINESS UNIT SALES AND VALUE ADDED SIGNIFICANTLY BELOW PREVIOUS YEAR, HIGH ORDER BACKLOG FOLLOWING RECENT ORDER WINS IN CHINA SALES REVENUES (in € mill.) VALUE ADDED (in € mill.) 186.1 133.8 21.2 13.5 1-6/2023 1-6/2024 1-6/2023 1-6/2024 Orders received in H1/2024 lower than in the
Slide 9: Tie Technologies Business Unit
TIE TECHNOLOGIES BUSINESS UNIT POSITIVE VALUE ADDED REFLECTS THE SIGNIFICANTLY IMPROVED OVERALL MARKET ENVIRONMENT IN NORTH AMERICA SALES REVENUES (in € mill.) VALUE ADDED (in € mill.) 92.1 92.0 4.7 (1.3) 1-6/2023 1-6/2024 1-6/2023 1-6/2024 Orders received in H1/2024 significantly below previous yea
Slide 10: Customized Modules Division
CUSTOMIZED MODULES DIVISION ORDERS RECEIVED REACH NEW RECORD LEVEL, EBIT MARGIN SIGNIFICANTLY ABOVE PREVIOUS YEAR SALES REVENUES (in € mill.) EBITDA (in € mill.) EBITDA MARGIN (in %) EBIT (in € mill.) EBIT MARGIN (in %) 276.8 263.8 31.1 22.0 22.5 30.1 11.2 11.4 8.5 7.9 1-6/2023 1-6/2024 1-6/2023 1-6
Slide 11: Lifecycle Solutions Division
LIFECYCLE SOLUTIONS DIVISION HIGH DEMAND IN GERMANY DRIVES POSITIVE BUSINESS DEVELOPMENT SALES REVENUES (in € mill.) EBITDA (in € mill.) EBITDA MARGIN (in %) EBIT (in € mill.) EBIT MARGIN (in %) 89.1 14.7 76.9 16.6 10.9 14.2 7.3 8.2 4.1 5.4 1-6/2023 1-6/2024 1-6/2023 1-6/2024 1-6/2023 1-6/2024 1-6/2
Slide 12: Project-related sales in China and Mexico significantly below prior year
VOSSLOH GROUP PROJECT-RELATED SALES IN CHINA AND MEXICO SIGNIFICANTLY BELOW PRIOR YEAR, CONTINUED POSITIVE SALES DEVELOPMENT IN EUROPE AMERICAS EUROPE AFRICA ASIA INCL. MIDDLE AUSTRALIA (in € mill.) (in € mill.) (in € mill.) EAST (in € mill.) (in € mill.) 340 356 42 112 41 77 73 56 65 16 79 74 74 44
Slide 13: Vossloh Group: Outlook
VOSSLOH GROUP: OUTLOOK VOSSLOH EXPECTS NOTICEABLE INCREASE IN EARNINGS IN 2024 COMPARED TO THE 2023 FINANCIAL YEAR Sales revenues 2023: €1.21 billion Guidance 2024: €1.16 billion to €1.26 billion / Despite the expiry of some major new construction projects, mainly in Mexico and Value added Serbia, w
Slide 14: Financial calendar and contact information
FINANCIAL CALENDAR AND CONTACT INFORMATION HOW YOU CAN REACH US Financial calendar 2024 Contact details for investors: / September 27, 2024 Capital Markets Day InnoTrans, Berlin Dr. Daniel Gavranovic / October 31, 2024 Quarterly statement as of September 30, 2024 E-mail: [email protected]
Slide 15: Q&A - Thank you for your attention
Q&A THANK YOU FOR YOUR ATTENTION.
Vossloh Aktiengesellschaft — H1 2024 Earnings Presentation on 6ix