Slide 1: Q1 2023 Results Presentation
Q1 2023 Results Presentation
Slide 2: Disclaimer
DISCLAIMER This report contains forward-looking statements. These statements are based on current experience, estimates and projections of the Management Board and the information available at the time this report was prepared. They are not guarantees of future performance and results and are subjec
Slide 3: Agenda
Agenda Q1 2023 Highlights Financial Review Outlook & Closing Remarks Q&A 3
Slide 4: Q1 2023 Highlights
Q1 2023 Highlights the heart of your WGears | shetty
Slide 5: First-Quarter 2023 Performance in Line with Trends Outlined at Full-Year 2022 Results
FIRST-QUARTER 2023 PERFORMANCE IN LINE WITH TRENDS OUTLINED AT FULL-YEAR 2022 RESULTS 1. Macroeconomic uncertainties remain in the short term 2. Q1 2023 as anticipated: Revenues EUR 28.0 mn, Adj. EBITDA EUR 1.5 mn 3. Assessment ongoing and supports view of high-quality business 4. Focus remains on c
Slide 6: First Impressions - Understanding the Detail
FIRST IMPRESSIONS - UNDERSTANDING THE DETAIL 1. Diversified and high-quality • Mix offers embedded resilience to macro swings, exposure to structural growth and best-in-class business practices KEY 2. Reputation for • Leading process engineering solutions • Recognised for co-development capabilities
Slide 7: Financial Review
Financial Review
Slide 8: Profitability Reflects Unrealized Operational Leverage
PROFITABILITY REFLECTS UNREALIZED OPERATIONAL LEVERAGE In EUR million or % Q1 2023 Q1 2022 y-o-y Commentary Revenues in line with trends outlined at full-year 2022 results; Revenue 28.0 34.0 -17.5% driven by e-Mobility and e-Tools Overstocking at customers, in particular for e-bikes of which e-Mobil
Slide 9: Outlook & Closing Remarks
Outlook & Closing Remarks the heart of your WGears | shetty
Slide 10: Full-Year 2023 Guidance Reflects Current Uncertain and Expected Phasing of Growth
FULL-YEAR 2023 GUIDANCE REFLECTS CURRENT UNCERTAIN AND EXPECTED PHASING OF GROWTH 2023 Targets Revenue EUR 129 – 137 million 2023 Guidance Adjusted EBITDA EUR 12 – 15 million Free Cash Flow neg. EUR 6 – 9 million FY 2023 guidance assumptions • Overall, economic uncertainty and constraints are expect
Slide 11: Mid-Term Outlook Supported by Growing Adoption of Sustainable Drive and Mobility Concepts
MID-TERM OUTLOOK SUPPORTED BY GROWING ADOPTION OF SUSTAINABLE DRIVE AND MOBILITY CONCEPTS Group revenue in EUR million Mid-term outlook supported by: 250 1. Ongoing customers wins and Mid-term Outlook 180 - 200 200 strong existing pipeline 150 2. 129 – 137 Group revenue Micromobility solutions • EUR
Slide 12: Q&A
Q&A