Slide 1: Earnings Release FY 2023
EARNINGS RELEASE FY 2023 March 28, 2024
Slide 2: Remarkable Financial Performance
REMARKABLE FINANCIAL PERFORMANCE Financial year 2023 REVENUE GROWTH ADJ. EBITDA & EBITDA MARGIN In EUR mill. In EUR mill. / % of net revenue 1.441,0 150,0 8,6% 9,0% 37,3% 130,0 123,8 8,0% 7,0% 1.049,5 7,0% 110,0 6,7% 862,6 76,4% 6,0% 90,0 5,0% 70,1 70,0 60,7 4,0% 50,0 3,0% 30,0 2,0% 10,0 1,0% FY 202
Slide 3: Top Positioned in the Registration Statistics: Knaus / Weinsberg
TOP POSITIONED IN THE REGISTRATION STATISTICS KNAUS / WEINSBERG DATA END OF DEC 2023 SOURCE: WWW.CIVD.DE EUROPE GERMANY EUROPE GERMANY #3 #3 #7 #4 11 % marketshare 11 % marketshare 6 % marketshare 7 % marketshare CARAVANS #1 #1 #3 #2 12 % marketshare 18 % marketshare 7 % marketshare 10 % marketshare
Slide 4: Top Positioned in the Registration Statistics: Morelo
TOP POSITIONED IN THE REGISTRATION STATISTICS MORELO EUROPE GERMANY 42,5% 42,2% 57,5% 57,8% MORELO OTHERS MORELO OTHERS DATA END OF DEC 2023 SOURCE: WWW.CIVD.DE
Slide 5: Product Mix Supports Revenue Growth
PRODUCT MIX SUPPORTS REVENUE GROWTH Revenue contribution of motorized units at 81 % REVENUE BY PRODUCT GROUP UNITS SOLD PRODUCT MIX (Based on units sold) In EUR mill. In units 12% 10% 13% 345,1 25.922 29.556 30.613 20% 18% 24% 27% 25% 17% 25% 27% 196,1 4.142 7.110 29% 35% 5.055 38% 33% 199,8 45% 7.2
Slide 6: Significant Increase in Earnings Quality
SIGNIFICANT INCREASE IN EARNINGS QUALITY Product mix and economies of scale PERSONNEL EXPENSES ADJ. EBITDA & EBITDA MARGIN In EUR mill. In EUR mill. 150,0 8,6% 9,0% 200,0 20,0% 8,0% 180,0 18,0% 130,0 123,8 7,0% 157,6 160,0 16,0% 7,0% 14,3% 141,5 110,0 140,0 14,0% 6,7% 127,3 6,0% 90,0 120,0 13,1% 10,
Slide 7: Order Backlog Normalizes at a High Level
ORDER BACKLOG NORMALIZES AT A HIGH LEVEL REPORTED REVENUE vs. ORDER BOOK 2018 – 2022* In EUR mill. 1.441 175% 400 155% 152% 200 128% 135% 1.049 000 115% 862 800 780 794 95% 728 81% 75% 600 66% 55% 55% 400 51% 35% 200 15% 0 -5% FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 Reported revenue Order ba
Slide 8: Segment Performance
SEGEMENT PERFORMANCE In EUR mill. / % of net revenue PREMIUM SEGMENT LUXURY SEGMENT REVENUE EBITDA REVENUE EBITDA In EUR mill. In EUR mill. In EUR mill. In EUR mill. 150,0 40,0 1.274,3 130,0 166,8 35,0 110,0 102,0 130,7 30,0 918,8 122,1 25,0 90,0 21,8 740,6 20,0 70,0 53,8 15,4 15,5 15,0 50,0 43,9 10
Slide 9: Cash Flow Development Impacted by Increased Working Capital
CASH FLOW DEVELOPMENT IMPACTED BY INCREASED WORKING CAPITAL FREE CASHFLOW WALK – 2023 In EUR mill.
Slide 10: Financial KPI's: Equity Ratio and Net Debt Ratio
FINANCIAL KPI’S EQUITY RATIO AND NET DEBT RATIO TOTAL BALANCE SHEET & EQUITY RATIO NET DEBT & NET DEBT RATIO (in EUR mill.) (in EUR mill.) 38,9% 26,4% 28,2% 1,4x 2,6x 1,9x 682,5 231,4 557,4 192,8 344,6 93,9 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023
Slide 11: Rent and Travel a Strategic Success Factor
RENT AND TRAVEL A STRATEGIC SUCCESS FACTOR Over the course of the year 2023, RENT AND TRAVEL began the internationalization Vehicles can now also be rented or booked via Italian rental partners in a total of 17 Italian cities The next expansion step into other European countries – Austria, Swi
Slide 12: Dividend Proposal & Outlook 2024
DIVIDEND PROPOSAL & OUTLOOK 2024 DIVIDEND PROPOSAL In light of the above, we plan to propose an increase of dividends payments at the Shareholders' Meeting in June 2024. If the Shareholders' Meeting approves the proposal, dividends for 2023 financial year would increase to EUR 2.90 per share OUTLOOK
Slide 13: One Step Ahead
ONE STEP x AHEAD >