Draegerwerk Ag & Co. Kgaa · XETR:DRW8
Draegerwerk Ag & Co. Kgaa — Drägerwerk AG & Co. KGaA — Q1 2021 Earnings Presentation
15 slides from Draegerwerk Ag & Co. Kgaa's earnings presentation, Apr 29, 2021
Slide 1: Q1 Conference Call
Q1 Conference Call Drägerwerk AG & Co. KGaA Lübeck, April 29, 2021
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an offer of securities for sale or a solicitation of an offer to purchase any securities. No money, securities or other consideration is being solicited by this presentation. This presentation contains forward-looking statements regarding the future d
Slide 3: Dräger agenda: Business Highlights, Financials, Outlook
Dräger Business Highlights Financials Q1 2021 Outlook FY 2021 3
Slide 4: Business Highlights Q1 2021
Business Highlights Q1 2021 − Order entry above 2019 levels, but below last year’s record quarter. Very solid net sales and EBIT development. − Ventilator production still running on full capacity but getting ready to reduce in line with normalizing (declining) demand. − Acquisition of major share i
Slide 5: Financials Q1 2021
FINANCIALS Q1 2021
Slide 6: Business development Group
Business development Group Net Sales Order entryQ1 2020 Q1 2021 fx-adj. +27.5% Europa 915.6 419.5 -53.6 Currency Americas 189.7 147.9 -12.7 adjusted AAA 287.4 172.4 -38.6 +23.8% nominal 792 Group 1,392.7 739.8 -44.9 640 − Lower order entry compared to record level one year ago. − Strong net sales in
Slide 7: Business development Medical
Business development Medical Net Sales Order entryQ1 2020 Q1 2021 fx-adj. +33.1% Europa 678.0 234.2 -65.1 Currency adjusted Americas 143.0 99.9 -20.7 +28.4% AAA 222.1 117.9 -45.3 nominal 508 Medical 1,043.1 451.9 -54.8 396 − Compared with a “normalized” (without COVID-related Q1'20 Q1'21 demand) qua
Slide 8: Business development Safety
Business development Safety Net Sales Order entryQ1 2020 Q1 2021 fx-adj. +18.5% Europa 237.6 185.4 -20.9 Currency adjusted Americas 46.7 48.0 +11.9 +16.2% AAA 65.3 54.6 -15.8 nominal 284 Safety 349.6 287.9 -15.6 244 − The demand for light breathing protection (FFP masks) is Q1'20 Q1'21 lower than pr
Slide 9: Key figures
Key figures Q1 2020 Q1 2021 Change € million € million % Cashflow from operating activities 49.4 76.1 54.0 Investments 27.0 37.9 40.4 1 Cash and cash equivalents 216.1 362.4 67.7 Net financial debt 1 358.7 149.5 -58.3 Net financial debt 1 /EBITDA 2 1.75 0.23 1 Capital employed 1,377.0 1,455.6 5.7 2
Slide 10: Results of the tender offer for participation certificates in March 2021
Results of the tender offer for participation certificates in March 2021 Tendered volume (€ million) EUR ~100m # of tendered PC @ EUR 542,00 184,530 Equity ratio +~1 pp EPS +~6 % # of remaining PC outstanding 382,289 Redemption amount @ EUR 546.20 (January EUR ~208m 2023) Net financial debt no impac
Slide 11: Outlook Fiscal Year 2021
OUTLOOK Fiscal Year 2021
Slide 12: Outlook 2021
Outlook 2021 EXPECTATIONS FOR FISCAL YEAR 2021 2020 2021e -7.0% to -11.0% Net Sales 25,7% (FX adjusted) EBIT margin 11,6% 5.0% to 8.0%1 Dräger Value Added EUR 296.9 million EUR +44 to +142 million 1 Based on exchange rates at the start of fiscal year 2021 2 Excluding company acquisitions and the cap
Slide 13: Questions & Answers
Questions & Answers Drager Drager. Technology for Life®
Slide 14: Financial calendar
Financial calendar Dräger publishes preliminary results approximately 2 weeks before the dates of the quarterly reports. Preliminary results for the full year are published in January. - March 4, 2021 Final 2020 figures - Conference call - April 29, 2021 Report for the first three months 2021 Confer
Slide 15: Contact
Contact Melanie Kamann Thomas Fischler Corporate Communications Investor Relations Drägerwerk AG & Co. KGaA Drägerwerk AG & Co. KGaA Moislinger Allee 53−55 Moislinger Allee 53−55 23558 Lübeck, Germany 23558 Lübeck, Germany Tel +49 451 882-3998 Tel +49 451 882-2685 Fax +49 451 882-3944 Fax +49 451 88
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