Washtec Ag · XETR:WSU
Washtec — Q1 2018 Earnings Presentation
13 slides from Washtec's earnings presentation, Apr 30, 2018
Slide 1: Conference Call Q1 2018
Conference Call Q1 2018 April 30, 2018
Slide 2: Highlights
HIGHLIGHTS 2 Conference Call Q1 2018
Slide 3: Q1 Performance in Line with Longterm Patterns
Q1 PERFORMANCE IN LINE WITH LONGTERM PATTERNS in €m REVENUE EBIT FREE CASH FLOW 3
Slide 4: Q1 Results by Products
Q1 RESULTS BY PRODUCTS in €m Rounding differences may occur Q1 2018 Q1 2017 Change abs. in % Equipment & Service 77.4 85.0 -7.6 -8.9 Chemicals 11.1 12.6 -1.5 -11.9 Operations business and 3.0 3.6 -0.6 -16.7 others Total 91.5 101.2 -9.7 -9.6 4 Conference Call Q1 2018
Slide 5: Q1 Results by Segments
Q1 RESULTS BY SEGMENTS Group Europe North America Asia / Pacific in €m -9.6 % -1.5 % -41.1 % +15.6 % 101.2 21.9 91.5 78.4 77.2 12.9 REVENUE 3.2 3.7 -55.4 % -24.3 % -200 % +50.0 % EBIT 12.1 5.4 10.3 7.8 -0.2 -0.1 Rounding differences may occur, without consolidation effects 5 Conference Call Q1 2018
Slide 6: Profit and Loss Statement
PROFIT AND LOSS STATEMENT Q1 2018 Q1 2017 Revenue 91.5 101.2 Gross Margin 53.5 [58.4%] 58.6 [57.9%] Personnel expenses 33.3 [36.4%] 32.1 [31.7%] Other operating expenses 13.7 [15,0%] 14.0 [13.8%] EBITDA 7.9 14.5 Depreciation 2.5 2.4 EBIT 5.4 [5.9%] 12.1 [12.0%] Financial result 0.1 0.1 EBT 5.3 12.0
Slide 7: Solid Balance Sheet Structure
SOLID BALANCE SHEET STRUCTURE Mar 31,18 Dec 31,17 Balance Sheet Total 234.5 233.9 Goodwill 42.3 42.3 Equity 95.8 94.2 Net Financial Debt 10.2 7.1 Net Operating Working Capital 82.9 86.7 Net Cash Outflow from investing activities (-2.1) (10.7) Free Cashflow -3.0 28.1 ROCE (in %) 25.6 29.1 7 Conferenc
Slide 8: Share Price Recovered After Drop
SHARE PRICE RECOVERED AFTER DROP in % SHAREPERFORMANCE Trade Volume (XETRA) WASHTEC March Period 2018 2017 2016 pcs (Jan-Mar) 2,133,455 1,047,710 825,628 SDAX in T€ 59,729.7 18,211.9 10,541.8 T€ per day in average 2,844.3 729.3 502.0 0.0 Mar 1, 2017 Jul 2017 Mar 31,2018 • Notifications without signi
Slide 9: Outlook 2018
OUTLOOK 2018 ACTIVITIES 2018 GUIDANCE 2018 UNITI trade fair with launch of “Easy Carwash” Revenue increase of about 3% Disproportionate growth in business Significant EBIT increase with independent customers Significant Free cash flow Ongoing initiatives with focus on increase operationa
Slide 10: Financial Calendar
FINANCIAL CALENDAR May 24, 2018 Berenberg Conference, Tarrytown July 27, 2018 Q2 Report September 24-27, 2018 Baader Investment Conference, Munich October 26, 2018 Q3 Report November 26-28, 2018 Equity Forum, Frankfurt 10 Conference Call Q1 2018
Slide 11: Conference Call Q1 2018
@~ WashTec CLEAN CARS® Conference Call Q1 2018 @~ WashTec
Slide 12: Backup: The Shareholders
BACKUP: THE SHAREHOLDERS Wellington Management Group LLP1); 3.03 % Diversity Industrie Holding AG; 4.00 % Treasury Shares; 4.25 % Paradigm Capital Value Fund2); 4.58 % Others; 42.52 % Investment AG für langfristige Investoren, TGV; 5.43 % Dr. Kurt Schwarz3); 6.82 % Kempen Oranje Participaties N. V.;
Slide 13: Disclaimer
DISCLAIMER No offer: This document does not constitute or form part of an offer for sale or subscription or an invitation or solicitation of an offer to subscribe for or purchase any securities and neither this document nor anything contained herein shall form the basis of any contract or commitment