Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — Q3 2015 Earnings Presentation
13 slides from Manitou Bf Sa's earnings presentation, Oct 22, 2015
Slide 1: Q3'15 Revenue
Q3’15 Revenue Michel Denis, President & CEO Hervé Rochet, Chief Financial Officer Q3’15 Revenue| October 22, 2015 1
Slide 2: Disclaimer
Disclaimer This presentation includes only summary information and does not in any way purport to be comprehensive. None of the Company or any of its affiliates, directors, officers, advisors and employees accepts any obligation, liability , claim or remedy for any loss arising from any use of these
Slide 3: Highlights
Highlights Sales in Q3’15 of €273m, -8% vs. Q3’14 Cumulative 9-month sales of €954m, +2% vs. 2014 Q3 order intake on equipment of €189m vs. €207m in Q3’14 Pause of rental companies in their business activities in North America Slowdown in the Asia-Pacific-Africa sales area End of Q3 order book at €2
Slide 4: Q3 Revenue Matrix
Q3 Revenue Matrix Q3’14 Revenue Q3’15 Revenue South North €m South North Am. APAM Tot. Am. APAM Tot. Eur. Eur. % tot Eur. Eur. 58 89 12 23 182 60 76 16 16 168 MHA 20% 30% 4% 8% 62% 22% 28% 6% 6% 61% 2 8 47 5 62 2 6 37 5 50 CEP 1% 3% 16% 2% 21% 1% 2% 14% 2% 18% 18 16 11 6 51 19 17 13 6 55 S&S 6% 5% 4
Slide 5: 9-month Revenue Matrix
9-month Revenue Matrix 9-month Revenue 9-month Revenue South North €m South North Am. APAM Tot. Am. APAM Tot. Eur. Eur. % tot Eur. Eur. 222 284 37 63 607 201 289 45 58 594 MHA 24% 30% 4% 7% 65% 21% 30% 5% 6% 62% 5 20 135 17 177 6 17 159 13 195 CEP 1% 2% 14% 2% 19% 1% 2% 17% 1% 20% 58 47 30 18 153 60
Slide 6: Evolution vs. 2014
Evolution vs. 2014 In M€ South. North. in % Amer. APAM Total 9-month ‘14 Europe Europe MHA -21 +5 +8 -5 -13 -9% +2% +22% -8% -2% CEP +1 -3 +24 -4 +18 +14% -14% +18% -23% +10% S&S +2 +3 +6 +1 +12 +3% +6% +19% +4% +7% Total -18 +5 +38 -8 +17 -6% +1% +19% -8% +2% MHA & South. Europe decline in sales (T
Slide 7: Evolution vs. 2014
Evolution vs. 2014 Rev. in €m Exchange Evolution excl. Toyota exchange rate % vs. Rev. Q3’14 rate & Toyota Q3’15 Q3’14 impact impact MHA 607 +16 -12 -17 594 +3% -2% -3% -2% CEP 177 +30 -12 195 +17% -7% +10% S&S 153 +7 +5 165 +5% +3% +8% Total 937 53 -12 -24 954 +6% -1% -3% +2% A + 2% growth Q3’15 Re
Slide 8: Q3 order intake on equipment and order book
Q3 order intake on equipment and order book Q3’15 Revenue| October 22, 2015 8
Slide 9: MHA operational review
MHA operational review Rebounding order intake on the ag. market in Europe Mining sector remains hard-hit Cautious rental companies end of the year Anticipation of the Macron bill on production seasonality Launch of a new 12 meters aerial work platform : MAN’GO 12 Work on industrial flexibility ongo
Slide 10: CEP operational review
CEP operational review American market slowdown over Q3 due to rental companies Adaptation to the new market environment Dollar pressure on exports outside the US Work on product competitiveness DL12-55 new forklift truck launch Strong decrease in US rental companies sales Q3’15 Revenue| October 22,
Slide 11: S&S operational review
S&S operational review Good operational and financial performance Extensive work on the construction of new services “Full service” offers launch 1st step of a stock global management system XPRT spare parts brand name launch for CEP division machines A broader & improved customer offer Q3’15 Revenu
Slide 12: 2015 Outlook
2015 Outlook Updated outlook for sales growth of + 3,0% Confirmed outlook for recurring operating income of approximately 4,5% Q3’15 Revenue| October 22, 2015 12
Slide 13: Thank you for your attention
Thank you for your attention Q3’15 Revenue| October 22, 2015 13