Slide 1: 2021 Results – Third Quarter IR Conference Call
2021 RESULTS – THIRD QUARTER IR Conference Call November 11, 2021
Slide 2: Agenda
Agenda Highlights Financials Outlook 2
Slide 3: First nine months 2021 - High demand drives order backlog up to EUR 1.4 billion
First nine months 2021 - High demand drives order backlog up to EUR 1.4 billion, or approximately 38,000 units EUR 635 million EUR 47 million Net revenue Adj. EBITDA +10,7 % compared to 1-9/2020 -1,7% compared to 1-9 2020 7.3 % 19,7 % Return on Capital Employed Adj. EBITDA margin Compared to 21.4% i
Slide 4: Key business topics for the first nine months 2021
Key business topics for the first nine months 2021 Extensive investment programme launched to double production capacities to 50,000 units Global supply bottlenecks for major components lead to significant increase in inventories due to unfinished vehicles and production downtimes High demand drives
Slide 5: Agenda
Agenda Highlights Financials Outlook 5
Slide 6: Key figures for the first nine months 2021
Key figures for the first nine months 2021 in EUR mill. 1-6 1-9 Q3 2020 2021 2020 2021 2020 2021 Net revenue 359,3 441,6 22,9% 573,1 634,5 10,7% 213,8 192,6 -9,8% Premium 307,6 382,0 24,2% 494,8 544,5 10,0% 187,2 162,6 -13,2% Luxury 51,7 59,6 15,1% 78,3 89,9 14,8% 26,5 30,3 14,3% Gross revenue 359,3
Slide 7: Capacity utilisation further impacted by supply bottlenecks for vehicle chassis
Capacity utilisation further impacted by supply bottlenecks for vehicle chassis Revenue per Revenue split per Units per product segment product category category (EUR m) (EUR m) 634,5 19,114 17,638 573,1 20.000 18,4 89,9 600,0 18.000 17,6 3.767 78,3 146,7 500,0 16.000 3.328 118,4 14.000 400,0 4.921
Slide 8: Operating result adversely affected by supply chain issues
Operating result adversely affected by supply chain issues Adj. EBITDA1) and margin evolution Gross Profit2) and margin (EUR m) (EUR m) 8,3% 7,3% 31,2% 30,7% -1,7% 47,4 46,5 207,5 179,9 1-9 2020 1-9 2021 1-9 2020 1-9 2021 1) ) Adjustments in 1-9 2021 for extraordinary expenses for corona pandemic co
Slide 9: Safeguarding the delivery capability leads to an increase in working capital
Safeguarding the delivery capability leads to an increase in working capital Operating Cash Flow Net debt development (EUR m) (EUR m) 81,4 104,2 9,2 10,6 -6,5 -3,2 -75,0 -104,3 Ratio 1,2 -9,1 Ratio 1,6 -7,5 Sept. 30, 2020 Sept. 30, 2021 Non-current financial debt Current financial debt Other financi
Slide 10: Agenda
Agenda Highlights Financials Outlook 10
Slide 11: Outlook 2021 - Updated
Outlook 2021 - Updated Sales expected to rise 7 percent in 2021 Adj. EBITDA Margin expected to be at around the 7% Total CAPEX of EUR 65 million planned in 2021, thereof EUR 50 million for additional capacity Delayed deliveries and a tense supply situation remain the risk factors. 11
Slide 12: Record order backlog of EUR 1.4 billion driven by sustainable high demand
Record order backlog of EUR 1.4 billion driven by sustainable high demand ORDER BACKLOG AS OF SEPTEMBER 30, 2021 The high demand for recreational vehicles from Knaus Tabbert continues with strong 1.600 momentum. 75.000 1.392 1.400 The share of motorhomes and camper vans (CUV) in terms of units i
Slide 13: Disclaimer
Disclaimer This presentation and the information contained herein are for information purposes only and should not be treated as investment advice or recommendation. It is not, and nothing in it should be construed as an offer for sale, or as a solicitation of an offer to purchase or subscribe to, a