Bulmetal Ad · BSESOF:BMTL
Bulmetal Ad — Bulmetal — H1 2024 Earnings Presentation
17 slides from Bulmetal Ad's earnings presentation, 2024
Slide 1: Presentation of the results for H1 2024
Bulmetal Presentation of the results for H1 2024.
Slide 2: Content
Content 1. Major trends in the II quarter of 2024 2. Key indicators of the Group for H1 23/H1 24. 3. Key indicators in Packaging segment 4. Key indicators in Machines segment 5. SSSRaw materials SSSavailbility and indebtedness of the Group 6. Development in 2024
Slide 3: Major indicators
147М 500 + sold customers in packaging the world Major indicators 116 m Sales revenue* *for 2023
Slide 4: Bulmetal premium packaging company
g 2 vA & BULMETAL PREMIUM CORMAXING COMPA?
Slide 5: Trends in H1 2024
Trends in H1 2024 Close to all- Significant improvement in The annual capacity of the time records profitability machines is already full
Slide 6: Key indicators
Key indicators (in BGN thousand) 2023 H1 2023 H1 2024 Change (%) Revenue 115,410 47 209 53 826 14% Gross profit 24,625 9 219 14 152 54% EBITDA 13,825 3 332 8 198 146% Net profit 3,403 -1 480 3 741 n/a Gross margin 21% 20% 26% 7% EBITDA margin 12% 7% 15% 8% Net financial debt 45,106 n/a 38 083 -16%
Slide 7: Revenue of the Group by markets
Revenue of Bulgaria the Group Other 21% s by markets 28% Romania 9% Slovenia 5% Italy Philippines 5% 8% Morocco Greece 8% Germany 10% 6%
Slide 8: Packaging
Packaging
Slide 9: Main markets "Packaging"
Main Others markets 15% Bulgaria Italy 33% 8% Segment Germany 6% "Packaging" Slovenia 8% Romania Greece 14% 16%
Slide 10: Income from "Packaging"
Income from (in BGN 30.06. Shar 30.06. Shar Chang 2023 e 2024 e e "Packaging" thousand) (%) (%) (%) Aerosols 12,372 34% 11,541 33% -7% Boxes (food) 10,977 30% 10,207 30% -7% Boxes 5,126 14% 4,842 14% -6% (Chemistry) Lids Easy 501 1% 383 1% -24% Open Other (components, 7,196 20% 7,542 22% 5% services
Slide 11: Packaging
45 000 Year change Packaging 40 000 5 192 -0,5% 5 164 35 000 36 172 34 515 30 000 25 000 Year change 20 000 -4,6% 15 000 10 000 5 000 0 H1 2023 H1 2024 Income EBITDA
Slide 12: Machines
Machines
Slide 13: Main markets
Others India 6% 5% Germany Philippines Main 8% 30% markets France Segment 10% “Machines” Sri Lanka 13% Morocco 28%
Slide 14: Machines
Machines (in BGN 30.06. 2023 Shar e 30.06. 2024 Share Chang (%) e thousand) (%) (%) 25 000 Tech. lines 3 448 6,227 56% 14,494 75% 133% 20 000 and year change equipment 19 311 15 000 Spare parts 3,755 34% 3,801 20% 1% 10 000 Services 803 7% 889 5% 11% 5 000 0 Others 252 2% 127 1% -50% H1 2023 H1 2024
Slide 15: Level of indebtedness
Level of indebtedness (in BGN thousand) 50 000 45 932 7.00 39 489 38 083 6.00 40 000 5.00 30 000 4.67 4.00 20 000 3.00 3.16 2.00 10 000 23 2.04 1.00 0 0.00 2021 2022 2023 TTM Net debt EBITDA Net Debt/EBITDA Bullmetal Net Debt/EBITDA Sector
Slide 16: Development in 2024
Development in 2024 (in BGN thousand) 35 000 28 29 400 30 000 348 25 000 19 169 20 000 15 000 10 000 5 000 0 Cevolani Bibra Income 2023 Orders for 2024
Slide 17: Q&A Thank you for your attention!
Q&A Thank you for your attention! You can also contact us at ir@bulmetal.com