Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — Q1 2023 Earnings Presentation
15 slides from Manitou Bf Sa's earnings presentation, Apr 25, 2023
Slide 1: Q1 2023 Revenues
Q1 2023 Revenues Michel Denis - President and CEO Hervé Rochet - Chief Financial Officer 1
Slide 2: Disclaimer
2 Disclaimer This presentation includes only summary information and does not in any way purport to be comprehensive. None of the Company or any of its affiliates, directors, officers, advisors and employees accepts any obligation, liability, claim or remedy for any loss arising from any use of these pr
Slide 3: Highlights
3 Highlights » Q1 23 revenues of €665m, +48% vs. Q1 22, +47% like for like(1) » Q1 23 order intake on equipment of €455m vs. €637m in Q1 22 » End of Q1 23 order book(2) on equipment at €3,414m vs. €3,274m in Q1 22 » Progressive improvement of operational fluidity » Introducing two new generations of
Slide 4: Group's life
4 Group’s life » Convocation of the ordinary and extraordinary general meeting on May 25, 2023 » Proposed payment of a dividend of €0.63 per share » The Board proposes, in the interest of stability in the governance of Manitou Group, to renew all the directors' terms of office for a period of four yea
Slide 5: Group's life
5 Group’s life » Launch of a new global range of compact loaders developed on the basis of common platforms » Launch of a new range of telescopic forklifts dedicated to the North American market on the basis of common platforms Q1 2023 Revenues | April 25th, 2023
Slide 6: Group's life
6 Group’s life » Signing an exclusive partnership with Kiloutou for the first retrofit project: The goal is to install electrification kits on used Manitou thermic telescopic forklifts. » Inauguration of PICK & STORE at CLPR: A new innovative automated system installed by Mecalux to increase productivi
Slide 7: Q1 Revenue Matrix
7 Q1 23 Revenue Matrix S&S : Services and Solutions Faster-growing boxes (vs.avg) shown in green Q1 2023 Revenues | April 25th, 2023
Slide 8: Evolution Q1 2023 vs Q1 2022
8 Evolution Q1 2023 vs Q1 2022 Q1 2023 Revenues | April 25th, 2023
Slide 9: Evolution vs 2022
9 Evolution vs 2022 * at constant scope and exchange rates : definition in appendix Q1 2023 Revenues | April 25th, 2023
Slide 10: Order intake and order book on equipment (€m)
10 Order intake and order book on equipment (€m) Dealers order intakes have been reopened in most geographies for 2024 within the known capacity limits. In order to limit the effects of inflation, the group has integrated in H1 2022 mechanisms for adjusting its sales prices at the time of delivery. T
Slide 11: Product division Operational review
11 Product division Operational review » High production rates » Progressive improvement of supply chain tensions » Construction in Europe in slowdown phase » Rental companies still oriented to purchase (excluding UK) » Reopening of order intakes in a defined framework Focus on volumes to clear the o
Slide 12: S&S division Operational review
12 S&S division Operational review » Moderate growth in revenues » Own rental activities penalized by insufficient renewal of the rental stock » Continuous tensions on the supply chain » Modernization of the capacity of the French logistics platform » Digital developments to improve customer service A
Slide 13: Group - 2023 Outlook
13 Group - 2023 Outlook » Confirmation of the outlook » Expected revenue growth of around 20% in 2023 compared with 2022 » Expected increase in the recurring operating income rate in 2023 of around 100 basis points Q1 2023 Revenues | April 25th, 2023
Slide 14: Appendix - Definition
14 Appendix - Definition Like for like, so at constant scope and exchange rates : » Scope : - for the company Lifttek acquired in May 2022, restatement from January 1, 2023 to March 31, 2023 ; - for the companies acquired in 2023 (easyLi in January 2023 and GI.ERRE SRL in March 2023), restatement fro
Slide 15: Thank you
yy» THANK YOU SET THE WORLD MANITOU | IN MOTION