Avgol Industries 1953 Ltd · TASE:AVGL
Avgol Industries 1953 — Q2 2023 Earnings Presentation
15 slides from Avgol Industries 1953's earnings presentation, Aug 1, 2023
Slide 1: Financial Results Q2/2023
Financial FinancialResults Results Q2/2023 Q1/2023 Sivan Yedidsion – Interim CEO and CFO Sivan Yedidsion – CFO למסמך נגיש
Slide 2: Analyst Conference | Disclaimer
Analyst Conference | Disclaimer המידע הכלול במצגת וכל מידע אחר שיימסר במהלך הצגת המצגת (להלן – "המידע") אינו מהווה.)" בע"מ (להלן – "החברה1953 מצגת זו הוכנה ע"י חברת אבגול תעשיות ▪ המידע ניתן לצורך הנוחות בהצגת הנתונים. וכן לא מהווה תחליף לשיקול דעת של משקיע פוטנציאלי, ואינו מהווה המלצה
Slide 3: Who We Are
AVGOL Market Analyst Conference I Who We Are AVGOL is a world leader in the development, manufacturing and marketing of nonwoven fabrics for diapers, adult incontinence products, disposable feminine hygiene products, disposable medical products, wipes, fabrics used to produce masks, gowns and additi
Slide 4: Who We Are
Analyst Conference | Who We Are Our Vision: We Aspire to Create Nonwoven Innovations to Enhance Quality of Life Our team ~800 employees in the Global commercial and technical team Global 6 production sites in Israel, USA, China, Russia and India supplying more than 30 countries. Quality Committed to
Slide 5: Who we are
Analyst Conference | Who we are Hygiene Market Raw Material Technology Sustainability ` Covering Baby diapers , Feminine Care, Mainly Polypropylene Spunmelt / Meltblown Biodegradable NW Adult Incontinence, PPE and medical We aspire to: • Grow and strengthen our position by expanding production capac
Slide 6: What We Do - SMS
Analyst Conference | What We Do Spunbond Meltblown “SMS” Combination of one or more Spunbond beams and Provides strength and base performance Structure useful in filtration and wipe materials one or more Meltblown beams 6 © Avgol Industries 1953 Ltd. 2022
Slide 7: USA Expansion | Project Update
USA Expansion | Project Update In December 2022, the company’s Board of Directors decided to establish a new production line in our North Carolina, USA facility, as an alternative to the originally planned expansion in Russia. The addition of this new Reicofill 5 machine will expand the company’s ex
Slide 8: Financial Results Q2-2023
VGOL Nonwovens dorama Ventures Company Financial Results Q2-2023
Slide 9: Quarterly Financials Highlights
Analyst Conference I Quarterly Financials Highlights USD Mn Q2’23 Q1’23 Q4’22 Q3’22 Q2’22 Revenues, net 78 80 103 110 100 11 12 19 18 13 Gross Profit 13.9% 14.8% 18.6% 16.8% 13.4% EBIT 3.4 4 9.7 9 5 4.4% 5% 9.5% 7.8% 5.3% 1.5 1 5 6 5 Net Profit 1.9% 1.0% 4.6% 5.0% 5.1% 10 11 18 16 12 EBITDA 13.1% 13
Slide 10: Raw Material | Polypropylene Index
Raw Material | Polypropylene Index During the second quarter of 2023 and correct to the publication date of this report, the downtrend in the raw materials price indices is continuing. The Company expects it to have a positive impact on its results during the third quarter of 2023. $/Ton 3,500 3,000
Slide 11: Financial Results: Gross Profit
Financial Results PL Results Q2’23 Key highlights • Drop in polypropylene prices, to which our sales prices are linked. Revenues $78.3M vs $99.8M in Q2’2022 • A decrease of 2.5% in sales volumes . • The Gross Profit in Q2’23 includes a negative impact of about $1.7M in lag Gross Profit $10.9M vs $13
Slide 12: Financial Results: Underlying EBITDA
Financial Results PL Results Q2’23 Key highlights • EBITDA includes a negative impact of about $1.7M in lag, compared to a EBITDA $10.3M vs $12.0M in Q2’2022 negative impact of $2.3M in Q2’22. Underlying EBITDA $12.0M vs $14.3M in Q2’2022 • Global economic slowdown together with decline in sales qua
Slide 13: Financial Results
Financial Results PL Results Q2’23 Key highlights • Mainly affected by the decrease in the operating profit and an Net Profit $1.5M vs $5.0M in Q2’2022 increase an in-financing expense , partially offset by lower income tax expenses. Operating Cash Flow $2.8M vs $17.5M in Q2’2022 • Mainly affected b
Slide 14: Balance Sheet
Analyst Conference I Balance Sheet As on June 30 As on Dec 31 As on June 30 As on Dec 31 2023 2022 2023 2022 K'USD K'USD K'USD K'USD CURRENT LIABILITIES CURRENT ASSETS Short-term credit and current maturities of 13,549 13,017 long-term loans from banking corporations Cash and cash equivalents 52,867
Slide 15: SAY HELLO!
SAY HELLO! Avgol is proud to support our clients with outstanding technical service and support To find out more about how Avgol can support your baby care diaper range developments, please visit avgol.com or contact us at: avgolinfo@avgol.com We Aspire to Create Nonwoven Innovations to Enhance the
Avgol Industries 1953 — Q2 2023 Earnings Presentation on 6ix