Gestamp Automocion S.a. · BME:GEST

Gestamp Automocion — Q1 2014 Earnings Presentation

11 slides from Gestamp Automocion's earnings presentation, Jun 3, 2014

  1. Slide 1: First Quarter 2014 Results

    First Quarter 2014 Results June 3rd 2014

  2. Slide 2: Disclaimer

    Disclaimer This presentation has been prepared solely for use at this presentation of our results for the quarter ended March 31, 2014. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations. This presentati

  3. Slide 3: Presentation of First Quarter 2014 Results

    Presentation of First Quarter 2014 Results Francisco J. Riberas Mera, President & CEO Francisco López Peña, Vice President & CFO Richard Egües, Director of International Financing ©2012 ©2013 GESTAMP GESTAMP 2 2

  4. Slide 4: Introduction – Q1 2014

    Introduction – Q1 2014  We have seen positive developments in the first quarter of 2014 o Western Europe production has picked up o Projects under construction in Mexico and Russia are advancing on schedule o Project ramp-ups are progressing as expected  However, we also see reason to be cautious

  5. Slide 5: Industry Production Volumes

    Industry Production Volumes Quarterly Comparison Geographic Contributions to Growth in 2014 (Million vehicles) (‘000 vehicles) 87.021 +2.7% 288 86 +5,0% +0,5% +2,0% 22,12 21,9622,07 1.892 21,82 +3,7% 666 445 21,40 235 21,07 21,01 84.693 67 329 20,26 Q1 Q1 Q2 Q2 Q3 Q3 Q4 Q4 2013 Western Eastern North

  6. Slide 6: Review of Q1 2014 – Revenue

    Review of Q1 2014 – Revenue Revenue (Million €) +6.0% 1,486 1,402 Q1 2013 Q1 2014  Revenue increased by € 84 million, or 6.0%, to € 1,486 million in the first quarter of 2014 compared to sales of € 1,402 million in the first quarter of 2013  Revenue reflects growth in sales in Western Europe, Nort

  7. Slide 7: Review of Q1 2014 – EBITDA

    Review of Q1 2014 – EBITDA EBITDA (Million €) +7.2% 154 143 Q1 2013 Q1 2014  Consolidated EBITDA increased by 7.2% to € 154 million in the first quarter of 2014 compared to EBITDA of € 143 million in the first quarter of 2013  This increase is primarily a result of higher volume of activity in Wes

  8. Slide 8: Review of Q1 2014 – Investments in Fixed Assets

    Review of Q1 2014 – Investments in Fixed Assets First Quarter 2013 2014  Capex on tangible fixed assets during Q1 2014 (Millions of Euros) amounted to € 76 million, or 46% lower than Capital expenditures during Q1 2013 Intangible assets 26.6 13.1 Tangible assets 142.4 76.3  Net payments on investm

  9. Slide 9: Application of IFRS 10 and 11

    Application of IFRS 10 and 11  The Group has adopted IFRS 10 and IFRS 11 this year, implicating changes to the accounting consolidation methods of the Group companies as per the chart below Company Shareholding Consolidaton method March 31, 2014 2013 March 31, 2014 2013 Beyçelik A.S. 50,00% 50,00%

  10. Slide 10: Net debt and EBITDA, with and without IFRS 10 & 11

    Net debt and EBITDA, with and without IFRS 10 & 11  Below we set out for reference reported net debt and EBITDA, both as historically reported and as per adoption of IFRS 10 and 11, for the periods ending on the dates indicated below: As reported Adopting IFRS 10 and 11 March 31, December 31, March

  11. Slide 11: ©2014 GESTAMP

    Gestamp ©2014'GESTAMP \

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