Vossloh Aktiengesellschaft · XETR:VOS
Vossloh Aktiengesellschaft — Q2 2023 Earnings Presentation
15 slides from Vossloh Aktiengesellschaft's earnings presentation, Aug 3, 2023
Slide 1: Interim Report as of June 30, 2023
INTERIM REPORT AS OF JUNE 30, 2023 WERDOHL, AUGUST 3, 2023
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 continues very strong business performance in Q2 2023
VOSSLOH GROUP VOSSLOH CONTINUES VERY STRONG BUSINESS PERFORMANCE IN Q2 2023 ORDER SITUATION BUSINESS PERFORMANCE ESG-LINKED SCHULDSCHEIN LOANS Orders received high again in Q2/2023 at €343.9 million; Sales revenues of €344.2 million in Q2/2023 set new Schuldschein loans with maturities of 5 and 7 ye
Slide 4: Significant sales revenues and earnings growth achieved, free cash flow clearly positive
VOSSLOH GROUP SIGNIFICANT SALES REVENUES AND EARNINGS GROWTH ACHIEVED, FREE CASH FLOW ALREADY CLEARLY POSITIVE AFTER 6 MONTHS KEY GROUP INDICATORS NOTES 1-6/2022 1-6/2023 Sales revenues increase by 26.1 percent in core business to new record level; all divisions contribute significantly to strong in
Slide 5: Net financial debt significantly reduced compared to June 30, 2022
VOSSLOH GROUP NET FINANCIAL DEBT SIGNIFICANTLY REDUCED COMPARED TO JUNE 30, 2022 KEY GROUP FIGURES 1-6/2022 2022 1-6/2023 NOTES 6/30/22 12/31/22 6/30/23 Equity € mill. 596.0 625.1 625.6 Equity up significantly compared with H1/2022; Equity ratio remains at a consistently high level Equity ratio % 43
Slide 6: Continuing good market environment - book-to-bill at 1.15
VOSSLOH GROUP CONTINUING GOOD MARKET ENVIRONMENT - BOOK-TO-BILL AT 1.15 ORDERS RECEIVED (in € mill.) ORDER BACKLOG (in € mill.) NOTES 693.0 688.8 859.4 Orders received in H1/2023 on par with strong level of previous year, after 827.9 Q1/2023 figure was still well below year-earlier level; H1/2022 fi
Slide 7: Core Components Division
CORE COMPONENTS DIVISION SIGNIFICANT SALES GROWTH ACHIEVED, EBIT MARGIN SUBSTANTIALLY IMPROVED AND ON A DOUBLE-DIGIT-LEVEL AGAIN SALES REVENUES (in € mill.) EBITDA (in € mill.) EBITDA MARGIN (in € mill.) EBIT (in € mill.) EBIT MARGIN (in %) 263.8 46.8 212.9 33.8 28.3 17.7 17.3 13.3 12.8 8.1 1-6/2022
Slide 8: Fastening Systems Business Unit
FASTENING SYSTEMS BUSINESS UNIT SALES REVENUES AND VALUE ADDED SIGNIFICANTLY UP ON PREVIOUS YEAR SALES REVENUES (in € mill.) VALUE ADDED (in € mill.) 186.1 148.9 21.2 6.8 1-6/2022 1-6/2023 1-6/2022 1-6/2023 Orders received in H1/2023 include major order won in China at the beginning of June ORDERS 1
Slide 9: Tie Technologies Business Unit
TIE TECHNOLOGIES BUSINESS UNIT NOTICEABLE DEMAND REVIVAL IN NORTH AMERICA - VALUE ADDED IMPROVED DESPITE HIGHER COST OF CAPITAL IN THE BUSINESS UNIT SALES REVENUES (in € mill.) VALUE ADDED (in € mill.) 92.1 67.4 (1.3) (1.8) 1-6/2022 1-6/2023 1-6/2022 1-6/2023 Orders received significantly higher yea
Slide 10: Customized Modules Division
CUSTOMIZED MODULES DIVISION PROFITABLE GROWTH IN THE FIRST HALF OF 2023 SALES REVENUES (in € mill.) EBITDA (in € mill.) EBITDA MARGIN (in %) EBIT (in € mill.) EBIT MARGIN (in %) 276.8 31.1 22.0 216.0 22.5 15.2 10.4 11.2 7.9 7.0 1-6/2022 1-6/2023 1-6/2022 1-6/2023 1-6/2022 1-6/2023 1-6/2022 1-6/2023
Slide 11: Lifecycle Solutions Division
LIFECYCLE SOLUTIONS DIVISION SIGNIFICANTLY HIGHER SALES REVENUES WITH SUBSTANTIALLY IMPROVED PROFITABILITY SALES REVENUES (in € mill.) EBITDA (in € mill.) EBITDA MARGIN (in %) EBIT (in € mill.) EBIT MARGIN (in %) 76.9 10.9 14.2 13.8 56.5 7.8 4.1 5.4 2.8 1.6 1-6/2022 1-6/2023 1-6/2022 1-6/2023 1-6/20
Slide 12: Significant increase in sales, particularly in Europe, North America and Asia
VOSSLOH GROUP SIGNIFICANT INCREASE IN SALES, PARTICULARLY IN EUROPE, NORTH AMERICA AND ASIA AMERICAS EUROPE AFRICA ASIA INCL. MIDDLE AUSTRALIA (in € mill.) (in € mill.) (in € mill.) EAST (in € mill.) (in € mill.) 340 280 41 112 77 56 39 90 16 46 10 74 44 44 63 96 23 80 169 54 59 132 33 21 10 12 1-6/
Slide 13: Vossloh Group: Outlook
VOSSLOH GROUP: OUTLOOK GUIDANCE CONFIRMED FOLLOWING RAISED SALES AND EARNINGS FORECAST IN JUNE 2023 Value added 2022: €11.5 million Guidance 2023: €5 million to €12 million Sales revenues 2022: €1,046.1 million Guidance 2023: €1.125 billion to €1.2 billion / The weighted average cost of capital befo
Slide 14: Financial calendar and contact information
FINANCIAL CALENDAR AND CONTACT INFORMATION HOW YOU CAN REACH US Financial calendar 2023 Contact details for investors: / October 26, 2023 Quarterly statement as of September 30, 2023 Dr. Daniel Gavranovic / March 2024 Annual Report 2023 E-mail: [email protected] Phone: +49 (0) 23 92 / 5
Slide 15: Q&A Thank you for your time
Q&A THANK YOU FOR YOUR TIME.
Vossloh Aktiengesellschaft — Q2 2023 Earnings Presentation on 6ix