Slide 1: One company. Endless possibilities. First HY 2021 Results
One company. Endless possibilities. CONFERENCE CALL First HY 2021 Results 4 August 2021
Slide 2: Presenting team
Presenting team Piet van der Slikke Hans Kooijmans Led the formation of IMCD since 1995 Joined IMCD in 1996 Designed and executed IMCD’s strategy Co-led formation of IMCD 26 years of industry experience 25 years of industry experience 2
Slide 3: Company profile
Company Highlights Financials Outlook Q&A profile first half year first half year 2021 2021 3
Slide 4: Profile
Profile IMCD is a market leader in the sales, marketing and distribution of speciality chemicals and ingredients. Highlights: ● Formulatory and solutions provider ● Comprehensive and complementary product portfolio ● Multi-territory distribution management in EMEA, Asia-Pacific and Americas ● Headqu
Slide 5: Highlights first half year 2021
Company Highlights Financials Outlook Q&A profile first half year first half year 2021 2021 5
Slide 6: Highlights first half year 2021
Highlights first half year 2021 GROSS PROFIT Gross profit growth of 23% to EUR 411 million (+28% on a constant currency basis) OPERATING EBITA Operating EBITA increase of 46% to EUR 192 million (+52% on a constant currency basis) NET RESULT Net result before amortisation and non-recurring items incr
Slide 7: Highlights first half year 2021: M&A Q2 2021
Highlights first half year 2021 M&A Q2 2021 • Acquisition of Siliconas y Quimicos, a Columbian speciality chemicals distributor who serves the personal care, coatings, silicones and other industrial markets (14th of May) • Acquisition of Andes Chemical Corp, active in Caribbean and Central American
Slide 8: Financials first half year 2021
Company Highlights Financials Outlook Q&A profile first half year first half year 2021 2021 8
Slide 9: Income statement
Financials first half year 2021 Income statement Jan.1 - June 30 Jan.1 - June 30 fx adj. change change EUR million 2021 2020 change Revenue 1,674 1,411 263 19% 23% Gross profit 411 333 78 23% 28% Gross profit in % of revenue 24.5% 23.6% 0.9% Operating EBITDA 205 144 62 43% 48% Operating EBITDA in %
Slide 10: Income statement by region
Financials first half year 2021 Income statement Holding EMEA Americas Asia Pacific Total EUR million companies Gross profit YTD Q2 2021 207 119 85 411 YTD Q2 2020 176 109 47 333 ∆ reported 17% 9% 80% 23% ∆ constant currency 19% 18% 80% 28% Operating EBITA YTD Q2 2021 93 54 54 (9) 192 YTD Q2 2020 70
Slide 11: Income statement (continued)
Financials first half year 2021 Income statement (continued) Jan.1 - June 30 Jan.1 - June 30 fx adj. change change EUR million 2021 2020 change Operating EBITA 192 131 61 46% 52% Net finance costs (8) (15) Income tax expenses (47) (26) Net result before amortísation/non recurring 137 90 47 52% 57% i
Slide 12: Net Finance costs
Financials first half year 2021 Net Finance costs Jan.1 - June 30 Jan.1 - June 30 change EUR million 2021 2020 Interest expenses financial liabilities (7.5) (9.1) 1.6 Interest expenses lease liabilities (1.4) (1.3) (0.1) Currency Exchange results 1.8 (3.2) 5.0 Changes deferred considerations (1.1) (
Slide 13: Balance Sheet
Financials first half year 2021 Balance Sheet EUR million 30 June 2021 31 December 2020 30 June 2020 Property, plant and equipment 96 95 91 Intangible assets 1,640 1,567 1,117 Other fin. assets/def tax assets 40 44 41 Working capital 527 443 470 Provisions/employee benefits (37) -34 (31) Deferred ta
Slide 14: Working capital
Financials first half year 2021 Working capital EUR million 30 June 2021 31 December 2020 30 June 2020 Inventories 416 371 383 in days of revenue* 44 46 49 Trade and other receivables 616 464 457 in days of revenue* 65 58 59 Trade payables (370) (292) (280) in days of revenue* (39) (36) (36) Other p
Slide 15: Free cash flow
Financials first half year 2021 Free cash flow Jan.1 - June. 30 Jan.1 - June. 30 Change Change % 2021 2020 EUR million Operating EBITA 192 131 61 46% Depreciation 13 12 1 Operating EBITDA 205 144 62 43% Share based payments 2 2 (0) IAS 17 lease payments (14) (13) (1) Adjusted operating EBITDA 194 13
Slide 16: Outlook
Company Highlights Financials Outlook Q&A profile first half year first half year 2021 2021 16
Slide 17: Outlook
Outlook IMCD operates in different, often fragmented market segments in multiple geographic regions, connecting many customers and suppliers across a very diverse product range. In general, results are impacted by macroeconomic conditions and developments in specific industries. Furthermore, results
Slide 18: Q&A
Company Highlights Financials Outlook Q&A profile first half year first half year 2021 2021 18
Slide 19: Disclaimer
Disclaimer The content in this presentation is provided to you by IMCD N.V. (“IMCD”) and intended for your personal information only. All information appearing herein is based on our present knowledge and experience (“as is”) and IMCD makes no representations as to its accuracy or sufficiency. To th
Slide 20: Our ambition is to exceed your expectations.
F Find us on: Our ambition is to exceed your expectations. We deliver what we promise. www.imcdgroup.com