Indus Holding Ag · XETR:INH
Indus — Analyst & Investor Conference FY 23 (March 2024)
70 slides from Indus's conference presentation, Mar 21, 2024
Slide 1: Analyst & Investor Conference FY 23
INDUS ANALYST & INVESTOR CONFERENCE FY 23 Frankfurt am Main, March 21, 2024
Slide 2: Agenda
AGENDA 1 WELCOME 2 FINANCIAL RESULTS 2023 3 INFORMATION ON DIVIDENDS AND SHARE BUYBACK 4 OUR STRATEGIC INITIATIVES 5 GUIDANCE 2024 6 APPENDIX 2
Slide 3: Agenda
AGENDA 1 WELCOME 2 FINANCIAL RESULTS 2023 3 INFORMATION ON DIVIDENDS AND SHARE BUYBACK 4 OUR STRATEGIC INITIATIVES 5 GUIDANCE 2024 6 APPENDIX 3
Slide 4: Significant Developments FY 2023 (1/2)
SIGNIFICANT DEVELOPMENTS FY 2023 (1/2) STABLE DEVELOPMENT DESPITE DIFFICULT ENVIRONMENT Good progress with the implementation of the Parkour perform strategy update Discontinuation of the former Automotive Technology segment completed with sale of SCHÄFER and SELZER in Q3 2023 Continuing opera
Slide 5: Significant Developments FY 2023 (2/2)
SIGNIFICANT DEVELOPMENTS FY 2023 (2/2) SIGNIFICANTLY STRENGTHENED BALANCE SHEET STRUCTURE Favorable reduction of working capital in 2023 due to stringent working capital management; resulting in a high free cash flow of EUR 198.9 million High cash position of EUR 266 million at the end of 2023 d
Slide 6: Engineering: At a Glance
ENGINEERING AT A GLANCE INDUSTRIAL FOCUS AREAS SEGMENT ENGINEERING ENGINEERING Automation & Assembly Technology 15 COMPANIES IN THE SEGMENT Conveyor Technology Fluid Technology Machine & Toolbuilding Technology Measuring & Surveillance Technology Process Technology 6
Slide 7: Engineering: EBIT Margin Significantly Improved
ENGINEERING EBIT MARGIN SIGNIFICANTLY IMPROVED In 2023 organic sales growth of 1.9% and CURRENT TREND anorganic sales growth of 1.3% (through Engineering market quite resilient despite acquisitions HEIBER + SCHRÖDER and HELD various challenges in 2022) Organic growth mainly due to revitalised Sl
Slide 8: Engineering: EBIT Margin Significantly Improved
ENGINEERING EBIT MARGIN SIGNIFICANTLY IMPROVED EBIT (in EUR million) EBITA adjusted (in EUR million) SALES (in EUR million) EBIT MARGIN (in %) EBITA MARGIN adjusted (in %) +3.2% 599.6 580.9 12.3% 12.3% 9.5% 8.2% 71.6 73.5 47.4 57.0 FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 Guidance 2024: Guida
Slide 9: Engineering: Industrial Focus Areas
ENGINEERING INDUSTRIAL FOCUS AREAS AUTOMATION & ASSEMBLY TECHNOLOGY CONVEYOR TECHNOLOGY FLUID TECHNOLOGY ASS BUDDE GSR IEF HORNGROUP MBN Domestic locations: 3 | Foreign locations: 3 Domestic locations: 4 | Foreign locations: 0 Domestic locations: 3 | Foreign locations: 4 MACHINE & MEASUR
Slide 10: Engineering: Characteristics of Industrial Focus Areas
ENGINEERING CHARACTERISTICS OF INDUSTRIAL FOCUS AREAS SEGMENT SALES WITH THIRD PARTIES SALES SHARES OF FOCUS AREAS SPLIT OF EMPLOYEES Automation & Assembly Automation & Assembly Technology Technology Conveyor Technology Conveyor Technology 15% 21% 17% 34% Germany 25% Fluid Technology Fluid Technolog
Slide 11: International Market and Technology Leader MBRAUN
ENGINEERING INTERNATIONAL MARKET AND TECHNOLOGY LEADER MBRAUN Founded in 1976 as a manufacturer of inertgas glovebox systems Very international footprint with 400 employees worldwide Broad product range from standardized laboratory systems to fully customized system solutions for large-scale i
Slide 12: Infrastructure: At a Glance
INFRASTRUCTURE AT A GLANCE MEGATRENDS INFRASTRUCTURE Mobility and urbanization 14 COMPANIES IN THE SEGMENT Digitalization Sustainability FUTURE TOPICS Infrastructure networks Infrastructure buildings Energy efficiency 12
Slide 13: Infrastructure: Solid Development Despite Muted Construction Environment
INFRASTRUCTURE SOLID DEVELOPMENT DESPITE MUTED CONSTRUCTION ENVIRONMENT Organic sales decline of 0.6% and inorganic INDUSTRY TREND sales increase of 0.8% due to acquisition QUICK Construction and financing costs hamper Impact from significant slowdown in the demand construction industry on most
Slide 14: Infrastructure: Solid Development Despite Muted Construction Environment
INFRASTRUCTURE SOLID DEVELOPMENT DESPITE MUTED CONSTRUCTION ENVIRONMENT EBIT (in EUR million) EBITA adjusted (in EUR million) SALES (in EUR million) EBIT MARGIN (in %) EBITA MARGIN adjusted (in %) -0.6% 586.0 582.2 11.7% 10.6% 8.8% 8.5% 68.6 61.8 51.3 49.3 FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY
Slide 15: Accelerated Growth – ANCOTECH, BETOMAX, QUICK
ACCELERATED GROWTH – ANCOTECH, BETOMAX, QUICK STRONG COOPERATION AND SCALING OF BUSINESS MODELS ANCOTECH BETOMAX Headquarters in Dielsdorf (CH) with subsidiaries in Headquartered in Neuss (DE) with subsidiaries in Germany Germany and Austria Specialist in reinforcement and anchoring Supplies
Slide 16: Key Success Factors & Drivers
ACCELERATED GROWTH – ANCOTECH, BETOMAX, QUICK KEY SUCCESS FACTORS & DRIVERS 120 Innovation & Sustainability 110 Slowdown Construction Sector +8.6% Punching Shear Systems 100 Raw Material Price Inflation 90 Reinforcement Continuity Systems 80 Wood-Concrete Composite Sales (in EUR million)1) 70
Slide 17: Accelerated Growth - AURORA Group
ACCELERATED GROWTH - AURORA GROUP INTERNATIONALIZATION & US-MARKET APPROACH SALES PLAN 2024ff (in EUR million) AURORA Group international sales to increase from ~44% to ~59% 100 Main driver is US-business with major corporates 82 in the construction machinery business Growth to continue beyond
Slide 18: Materials: At a Glance
MATERIALS AT A GLANCE MEGATRENDS MATERIALS Sustainability 14 COMPANIES IN THE SEGMENT Mobility and urbanization Demographics and health FUTURE TOPICS Industrial materials and processing Circular economy and recycling Agriculture and food industries 18
Slide 19: Materials: EBIT and EBIT Margin Increased
MATERIALS EBIT AND EBIT MARGIN INCREASED Slight decline of sales of 2.7% (purely organic) INDUSTRY TREND Metal processing companies managed to Decline in production, falling order volumes and compensate for declining volumes and falling lowering business climate continues (Metals) sales prices b
Slide 20: Materials: EBIT and EBIT Margin Increased
MATERIALS EBIT AND EBIT MARGIN INCREASED EBIT (in EUR million) EBITA adjusted (in EUR million) SALES (in EUR million) EBIT MARGIN (in %) EBITA MARGIN adjusted (in %) -2.7% 636.8 10.6% 10.8% 619.9 9.2% 7.8% 67.5 66.7 49.9 57.3 FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 Guidance 2024: Guidance 20
Slide 21: Materials: Simon Group
MATERIALS: SIMON GROUP THE NEXT GENERATION OF METAL PROCESSING: SUSTAINABLE AND AI-DRIVEN Simon Group is a market leader for Round Shank Picks (road milling) A key component is Tungsten Carbide which is CO2-intensive, 2. Determination of rare/expensive 1. Take-back scrap carbide content by AI sh
Slide 22: Materials: Simon Group
MATERIALS: SIMON GROUP THE NEXT GENERATION OF METAL PROCESSING: SUSTAINABLE AND AI-DRIVEN Advantage of this solution: SUSTAINABLE Independence from the fluctuating raw materials market and security of supply CO2 savings by a factor (!) of 40 AI-DRIVEN Automated determination of the value (
Slide 23: Materials: Simon Group
MATERIALS: SIMON GROUP THE NEXT GENERATION OF METAL PROCESSING: SUSTAINABLE AND AI-DRIVEN Industrialisation and scaling of the process 16 90 in progress 14 80 With this technology, today 8% of tungsten Volume per Quarter (in t) 12 70 60 carbide demand can be obtained from 10 recycled materials →
Slide 24: Sales per Segment FY 2023
SALES PER SEGMENT FY 2023 BALANCED DISTRIBUTION OF SALES AMONG SEGMENTS ENGINEERING INFRASTRUCTURE MATERIALS +3.2% -2.7% -0.6% 599.6 636.8 619.9 580.9 586.0 582.2 Sales (in EUR million) FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 Guidance 2024: Guidance 2024: Guidance 2024: Sales slightly increa
Slide 25: EBIT per Segment FY 2023
EBIT PER SEGMENT FY 2023 DIFFERENT DYNAMICS IN ENGINEERING AND MATERIALS VS. INFRASTRUCTURE ENGINEERING INFRASTRUCTURE MATERIALS +20.3% +14.8% -3.9% 57.0 57.3 51.3 49.3 49.9 47.4 EBIT (in EUR million) FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 Guidance 2024: Guidance 2024: Guidance 2024: EBIT d
Slide 26: EBIT and EBIT Margin per Segment FY 2023
EBIT AND EBIT MARGIN PER SEGMENT FY 2023 DIFFERENT DYNAMICS IN ENGINEERING AND MATERIALS VS. INFRASTRUCTURE ENGINEERING INFRASTRUCTURE MATERIALS +20.3% +14.8% -3.9% 57.0 57,3 51.3 49.3 49.9 47.4 9.5% EBIT (in EUR million) 8.2% 8.8% 8.5% 9.2% 7.8% FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 Guida
Slide 27: EBITA (Adjusted) per Segment FY 2023
EBITA (ADJUSTED) PER SEGMENT FY 2023 SOLID DEVELOPMENT IN THE ENGINEERING AND MATERIALS SEGMENTS ENGINEERING INFRASTRUCTURE MATERIALS +2.7% -9.9% -1.2% 71.6 73.5 EBITA adjusted (in EUR million) 68.6 67.5 66.7 61.8 FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 27
Slide 28: EBITA (Adjusted) per Segment FY 2023
EBITA (ADJUSTED) PER SEGMENT FY 2023 SOLID DEVELOPMENT IN THE ENGINEERING AND MATERIALS SEGMENTS ENGINEERING INFRASTRUCTURE MATERIALS +2.7% -9.9% - 1.2% 73.5 EBITA adjusted (in EUR million) 71.6 68.6 67.5 66.7 61.8 12.3% 12.3% 11.7% 10.6% 10.6% 10.8% FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 P
Slide 29: INDUS in Figures: Key Figures FY 2023
INDUS IN FIGURES KEY FIGURES FY 2023 SALES* EBIT* / EBIT MARGIN* Adjusted EBITA* / -MARGIN* (in EUR million) (in EUR million) (in EUR million) -0.1% +11.9% -3.2% 1,804.1 1,802.4 149.6 194.3 188.1 133.7 7.4% 8.3% 10.8% 10.4% FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 PPA - Amortization Impairmen
Slide 30: INDUS in Figures: Key Figures FY 2023
INDUS IN FIGURES KEY FIGURES FY 2023 WORKING CAPITAL* INVESTMENTS* (in EUR million) (in EUR million) +12% -6% (+52.8) (-29.8) 113.3 496.7 443.9 466.9 58.8 70.8 8.9 10.8 8.0 46.5 51.1 FY 2021 FY 2022 FY 2023 FY 2022 FY 2023 M&A Acquisitions Intangibles PPE * from continuing operations 30
Slide 31: INDUS in Figures: Key Figures FY 2023
INDUS IN FIGURES KEY FIGURES FY 2023 FREE CASH FLOW* NET DEBT* NET DEBT / EBITDA* EQUITY RATIO* (in EUR million) (in EUR million) (in years) (in %) +97.4 -87.3 +0.5 pp 198.9 36.8% 37.3% 593.5 2.3 506.2 2.0 101.5 FY 2022 FY 2023 31.12.2022 31.12.2023 FY 2022 FY 2023 31.12.2022 31.12.2023 * from conti
Slide 32: Development of Free Cash Flow
DEVELOPMENT OF FREE CASH FLOW FREE CASH FLOW ABOVE EXPECTATIONS FOR 2023 in EUR million FY 2023 FY 2022 Interest payments (EUR 22.5 million), the dividend (EUR 21.5 million), the new acquisition (EUR 8.9 million) and the repayment of lease liabilities (EUR Operating cash flow from continuing opera
Slide 33: Agenda
AGENDA 1 WELCOME 2 FINANCIAL RESULTS 2023 3 INFORMATION ON DIVIDENDS AND SHARE BUYBACK 4 OUR STRATEGIC INITIATIVES 5 GUIDANCE 2024 6 APPENDIX 33
Slide 34: Public Share Buyback Offer
PUBLIC SHARE BUYBACK OFFER SUCCESSFULLY COMPLETED ON MARCH 13, 2024 Buyback Offer announced on February 21, 2024 Public buyback for up to 1,100,000 shares of INDUS Holding AG announced on February 21, 2024 at a price of EUR 23.00 per share; maximum volume of EUR 25.3 million Acceptance period fr
Slide 35: Current Shareholder Structure
CURRENT SHAREHOLDER STRUCTURE ANCHOR SHAREHOLDERS SUPPORT THE COMPANY'S LONG-TERM COURSE SHAREHOLDER STRUCTURE OF INDUS HOLDING AG AS OF 18 MARCH 2024 (in %) WKN/ISIN 620010/EN 000 620 010 8 Foundation/IPO 1986/1995 Financial year 1 Jan. to 31 Dec. Share capital EUR 69.9 million Versicherungskammer
Slide 36: Proposed Dividend for 2023
PROPOSED DIVIDEND FOR 2023 A DECISION BASED ON CONFIDENCE FOR 2024 AND FOLLOWING YEARS Regular dividend payments to our shareholders as part of the INDUS DNA Confidence with regard to development in 2024 and following years, INDUS to return to its old strength Therefore, proposal to pay a divi
Slide 37: Dividend History
DIVIDEND HISTORY INDUS HOLDING AG’S DIVIDEND POLICY AND DIVIDEND HISTORY 5.4% 79.0% 3.8% 3.6% Avg. 60.0% 51.9% 80.8 3.2% 3.4% 79.6 2.5% 76.3 Avg. 2.1% Avg. 50.4% € 1.03 1.50 48.1% 54.4 38.3% 1.05 1.20 0.80 0.80 0.80 24.6% 35.8 27.2 2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023 Dividend
Slide 38: Agenda
AGENDA 1 WELCOME 2 FINANCIAL RESULTS 2023 3 INFORMATION ON DIVIDENDS AND SHARE BUYBACK 4 OUR STRATEGIC INITIATIVES 5 GUIDANCE 2024 6 APPENDIX 38
Slide 39: Parkour perform
PARKOUR PERFORM STRATEGIC INITIATIVES DRIVING US FORWARD 1 2 3 4 STRENGTHENING DRIVING IMPROVING STRIVING FOR THE PORTFOLIO INNOVATION PERFORMANCE SUSTAINABILITY STRUCTURE 39
Slide 40: Acquisitions on Two Levels
ACQUISITIONS ON TWO LEVELS GROWTH OR ADD-ON ACQUISITIONS GROWTH ACQUISITION ADD-ON ACQUISITIONS Acquisition directly by Acquisition by INDUS Holding AG companies of INDUS (1. Level) (2. Level) expand the INDUS portfolio with new strengthen the portfolio company through competencies and products prod
Slide 41: Strengthening the Portfolio Structure: Tecalemit Inc.
STRENGTHENING THE PORTFOLIO STRUCTURE ACQUISITION OF REMAINING SHARES OF TECALEMIT INC. (ADD-ON) Sales in USD million Part of HORNGROUP, Flensburg, since 2013 Initially a 50/50 Joint Venture with the founder, take over by HORNGOUP in two steps, 16.6 16.9 17.3 14.0 7.3 10.3 35 % at end of 2021 (l
Slide 42: Strengthening the Portfolio Structure: Hauff-Technik GRIDCOM
STRENGTHENING THE PORTFOLIO STRUCTURE ACQUISITION OF REMAINING SHARES OF HAUFF-TECHNIK GRIDCOM GmbH (ADD-ON) Sales in EUR million Founded in 2005 as ZweiCom; 50/50 Joint Venture of Hauff-Technik and the founder since 2016; at-equity investment of INDUS since then 20.8 12.7 Renamed to Hauff-Techn
Slide 43: Lively M&A Market Fills Our Pipeline
STRENGTHENING THE PORTFOLIO STRUCTURE LIVELY M&A MARKET FILLS OUR PIPELINE HISTORICAL EBIT MULTIPLES (Small Cap) Significant upturn in the M&A market since mid-2023 8,5 x 8,0 x M&A pipeline currently well filled with 7,5 x interesting projects 7,0 x 6,5 x Higher interest rates lead to normaliz
Slide 44: 2024 With Attractive Acquisition Opportunities for INDUS
STRENGTHENING THE PORTFOLIO STRUCTURE 2024 WITH ATTRACTIVE ACQUISITION OPPORTUNITIES FOR INDUS M&A budget of EUR 70 million sets ambitious goal for 2024 M&A pipeline well filled for growth acquisitions and add-on acquisitions Attractive targets in future fields infrastructure networks auto
Slide 45: Parkour perform
PARKOUR PERFORM STRATEGIC INITIATIVES DRIVING US FORWARD 1 2 3 4 STRENGTHENING DRIVING IMPROVING STRIVING FOR THE PORTFOLIO INNOVATION PERFORMANCE SUSTAINABILITY STRUCTURE 45
Slide 46: Driving Innovation: Innovation Development Bank
DRIVING INNOVATION INDUS INNOVATION DEVELOPMENT BANK STIMULATING PROJECTS 30 Significant upturn in project activity after Active projects 25 coronavirus dip in 2020/21 20 # of projects Newly granted 15 Continous increase of granted project projection 10 New projects from all three segments 5 i
Slide 47: Driving Innovation: AI-Sprint
DRIVING INNOVATION [INDUS] AI-SPRINT CONTINUED EDUCATION POTENTIALS WORKSHOP FUNDING OF PROJECTS AI & DATA SCIENCE AI & LANGUAGE DEMYSTIFIED INDUS Innovation Development Bank TU München AI Lab Fraunhofer IAIS 6 sprint projects, 11 portfolio companies 5 portfolio companies total funds of EUR 173 thou
Slide 48: Acquisition of Gestalt Robotics
ACQUISITION OF GESTALT ROBOTICS YOUNG COMPANY IN THE FIELD OF INTELLIGENT AUTOMATION Acquisition concluded on March 11, 2024 assigned to segment Engineering Product range AI-supported image processing Intelligent robotics Autonomous mobility Adaptive assistance systems Stabilization an
Slide 49: Parkour perform
PARKOUR PERFORM STRATEGIC INITIATIVES DRIVING US FORWARD 1 2 3 4 STRENGTHENING DRIVING IMPROVING STRIVING FOR THE PORTFOLIO INNOVATION PERFORMANCE SUSTAINABILITY STRUCTURE 49
Slide 50: Driving Sustainability: Decrease in Greenhouse Gas Emissions
DRIVING SUSTAINABILITY SIGNIFICANT DECREASE IN GREENHOUSE GAS EMISSIONS Energy efficiency measures paying out in 2023 INDUS sustainability development bank encouraging significant activities In 2023: five projects granted, total CapEx of EUR 1.7 million, grant volume 53% STRIVING FOR SUSTAINAB
Slide 51: Driving Sustainability: ISS ESG Rating Reconfirmed
DRIVING SUSTAINABILITY ISS ESG RATING RECONFIRMED AGAIN Top position in the ISS ESG rating for the eighth time in a row INDUS received a “C+” rating in “Corporate ESG Performance” and hence also “Prime” status Top position in the international peer group of “Financials / Multi-Sector Holdings”
Slide 52: Internationalization
INTER- NATIONAL- IZATION 52
Slide 53: Internationalization: Portfolio Activities Abroad
INTERNATIONALIZATION INDUS STRONGLY EMPHAZISING INTERNATIONAL ACTIVITIES OF PORTFOLIO COMPANIES Recent portfolio activities in the USA AURORA: Strong expansion of US manufactring facility for new US customers FS-BF: Establishment of a US production facility together with a major European custo
Slide 54: Internationalization: Supporting Portfolio Companies
INTERNATIONALIZATION INDUS SUPPORTING ITS PORTFOLIO COMAPNIES WITH INTERNATIONAL EXPANSION Support by INDUS in setting up international locations for portfolio companies Establishment and strengthening of the network of portfolio companies active in the same locations Support through training
Slide 55: Agenda
AGENDA 1 WELCOME 2 FINANCIAL RESULTS 2023 3 INFORMATION ON DIVIDENDS AND SHARE BUYBACK 4 OUR STRATEGIC INITIATIVES 5 GUIDANCE 2024 6 APPENDIX 55
Slide 56: Economic Environment – Outlook for 2024
ECONOMIC ENVIRONMENT – OUTLOOK FOR 2024 GERMAN ECONOMY FACING ADDITONAL HEADWINDS FROM GEOPOLITICAL CHALLENGES Global economic prospects hampered by high market risks, especially as the Russia–Ukraine war continues to weigh on the global economy together with the political conflict in the Middle E
Slide 57: Segment Forecast 2024
SEGMENT FORECAST 2024 CAUTIOUSLY OPTIMISTIC OUTLOOK FOR 2024 Segment ENGINEERING INFRASTRUCTURE MATERIALS Plan Plan Plan 2023 2023 2023 2024 2024 2024 Slightly Slightly Slightly Turnover (in EUR million) 599.6 582.2 619.9 increasing increasing decreasing Strongly EBIT (in EUR million) 57.0 Decreasin
Slide 58: Group Forecast 2024
GROUP FORECAST 2024 STABLE SALES AND EBIT EXPECTED FOR 2024 GROUP Forecast 2023 2024 Turnover (in EUR billion) 1.80 1.85 -1.95 EBIT (in EUR million) 149.6 145 - 165 EBIT margin (in %) 8.3 7.5 to 8.5 Free cash flow (in EUR million) 198.9 >110 2 growth acquisitions and Acquisitions 1 add-on acquisitio
Slide 59: Parkour perform – Our Six Targets
PARKOUR perform – OUR SIX TARGETS FOCUS ON 2025 TARGET ACHIEVEMENT STRONG PORTFOLIO Megatrends and innovations determine the performance of the portfolio companies SALES ABOVE EUR 2 BILLION Organic growth supported by continuous growth and add-on acquisitions EBIT MARGIN ABOVE 10% Long-term, reliabl
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Slide 61: Agenda
AGENDA 1 WELCOME 2 FINANCIAL RESULTS 2023 3 INFORMATION ON DIVIDENDS AND SHARE BUYBACK 4 OUR STRATEGIC INITIATIVES 5 GUIDANCE 2024 6 APPENDIX 61
Slide 62: What Makes INDUS Shares Attractive
INDUS SHARE WHAT MAKES INDUS SHARES ATTRACTIVE Our portfolio … … is focused on technology- … creates access to an attractive … is actively developed further, oriented industrial companies asset class that cannot be growing profitably, and in the SME sector of the German invested in directly through
Slide 63: Appendix: Overview by Segment – Engineering
APPENDIX OVERVIEW BY SEGMENT FOR 2023 AND BY QUARTER FOR 2023 ENGINEERING Q1 2022 Q2 2022 Q3 2022 Q4 2022 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 2023 (in EUR million) Revenue with external third parties 120.4 149.4 144.2 167.2 580.9 142.1 138.6 153.4 165.5 599.6 EBITDA 21.1 18.5 23.1 29.9 92.6 23.4 18
Slide 64: Appendix: Overview by Segment – Infrastructure
APPENDIX OVERVIEW BY SEGMENT FOR 2023 AND BY QUARTER FOR 2023 INFRASTRUCTURE Q1 2022 Q2 2022 Q3 2022 Q4 2022 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 2023 (in EUR million) Revenue with external third parties 139.5 154.5 152.5 139.5 586.0 141.5 149.8 153.4 137.5 582.2 EBITDA 22.1 25.4 26.1 14.9 88.5 16.8
Slide 65: Appendix: Overview by Segment – Materials
APPENDIX OVERVIEW BY SEGMENT FOR 2023 AND BY QUARTER FOR 2023 MATERIALS Q1 2022 Q2 2022 Q3 2022 Q4 2022 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 2023 (in EUR million) Revenue with external third parties 156.5 165.8 162.1 152.4 636.8 166.8 164.7 152.8 135.6 619.9 EBITDA 21.0 25.9 25.5 20.0 92.4 27.2 25.1
Slide 66: Engineering: Overview of Key Figures
ENGINEERING OVERVIEW OF KEY FIGURES (in EUR million) FY 2023 FY 2022 ∆ in % GUIDANCE 2024 Revenue with external third parties 599.6 580.9 3.2 EBITDA 94.5 92.6 2.1 Sales slightly increasing as % of revenue 15.8 15.9 -0.1 pp EBIT decreasing Depreciation/amortisation -37.5 -45.2 17.0 thereof PPA de
Slide 67: Infrastructure: Overview of Key Figures
INFRASTRUCTURE OVERVIEW OF KEY FIGURES (in EUR million) FY 2023 FY 2022 ∆ in % GUIDANCE 2024 Revenue with external third parties 582.2 586.0 -0.6 EBITDA 83.0 88.5 -6.2 Sales slightly increasing as % of revenue 14.3 15.1 -0.8 pp EBIT strongly increasing Depreciation/amortisation -33.7 -37.2 9.4 t
Slide 68: Materials: Overview of Key Figures
MATERIALS OVERVIEW OF KEY FIGURES (in EUR million) FY 2023 FY 2022 ∆ in % GUIDANCE 2024 Revenue with external third parties 619.9 636.8 -2.7 EBITDA 93.7 92.4 1.4 Sales slightly increasing as % of revenue 15.1 14.5 0.6 pp EBIT decreasing Depreciation/amortisation -36.4 -42.5 14.4 thereof PPA depr
Slide 69: Contact
CONTACT INVESTOR RELATIONS Do you have any questions or would you like to contact us personally? Dafne Sanac Tel.: +49 (0)2204 40032 E-mail: sanac@indus.de 69
Slide 70: Disclaimer
INDUS HOLDING AG DISCLAIMER This presentation was prepared by INDUS Holding AG (herein INDUS) and is intended for information purposes only. It constitutes neither an offer nor a solicitation to buy or sell securities and cannot be deemed a sufficient or suitable basis for making any decision. All i
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