Waberer's International Nyrt. · BET:WABERERS
Waberer's International Nyrt — Q2 2023 Earnings Presentation
14 slides from Waberer's International Nyrt's earnings presentation, Aug 9, 2023
Slide 1: Q2 2023 Results Presentation
Q2 2023 Results Presentation WABERER’S INTERNATIONAL Nyrt. Budapest, 09 Aug 2023
Slide 2: Forward-looking statements
Forward-looking statements This presentation may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefor
Slide 3: Agenda
Agenda | Performance on Group level, commercial update, expansion update | Group & segment level financials & expectations for 2023 |3
Slide 4: Key messages
Key messages I. Quarterly EBIT performance further improved (EUR 14.3 million) – All 3 segments increased its quarterly EBIT generation capability / ITS EBIT includes one-off positive effect II. Half-year EBIT at EUR 25.5 million – + 72% Y-o-Y increase III. Expansion in service diversification – Ong
Slide 5: Trend of financial performance on quarterly basis
Trend of financial performance on quarterly basis Group recurring EBIT (EUR mn) +39% 14.3 10.3 11.2 9.7 8.8 7.7 8.3 6.6 3.5 4.5 4.6 0.1 1.2 -2.7 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Group net indebtedness & leverage (EUR mn) Net leverage ratio Net indeb
Slide 6: Commercial & operational update of logistics related segments
Commercial & operational update of logistics related segmens ITS segment • Further successful fleet reallocation to automotive segment during YTD revenue share of sectors tender season • Stable volumes at automotive clients Spot & 3PL 25% Automotive • Demand for high quality, value-added services 40
Slide 7: Status of strategic steps towards diversification
Status of strategic steps towards diversification Petrolsped – Increase rail logistics capabilities • Railway logistics operator with Financials (HUF billion) • Diversified vehicle portfolio 21 • Balanced sector focus (construction, oil, agriculture, automotive, etc.) 14 Revenue • Regional focus (Hu
Slide 8: Agenda
Agenda | Performance on Group level, actual corporate governance structure, commercial update | Group & segment level financials & expectations for 2023 |8
Slide 9: Group Results
Group Results Group Revenue (EUR mn) • Consolidated revenue • increased by 2% compared to Q2 22 +6% • growth in the RCL and Insurance segments, revenue decrease in the ITS 332 353 • Group recurring EBIT +2% • reached EUR 14.3 mn in Q2 23 and EUR 25.5 mn in H1 23 173 176 • all 3 segments increased it
Slide 10: Segment results
Segment results ITS ▪ ITS (EUR mn) ▪ Slight revenue decrease due to decreasing fuel prices +7% 2 635% ▪ EUR 3.0 mn EBIT increase on half-year basis +180% ▪ RCL -1% 204 219 6.5 ▪ +2% revenue & + 11% EBIT increase on quarterly basis 4.7 109 107 ▪ Well-balance client portfolio to reduce industry specif
Slide 11: Income statement
Income statement Group selected income statement items (IFRS 16 (1), EUR mn) Better Better 2023 2022 2023 2022 (w orse) (w orse) Q2 Q2 (%) 6M 6M (%) Revenue 175.9 173.2 1.5% 352.6 332.1 6.2% Direct costs (147.9) (148.3) 0.2% (301.3) (291.4) (3.4%) of w hich: depreciation and amortisation (13.2) (11.
Slide 12: Group Balance Sheet and Cash Flow
Group Balance Sheet and Cash Flow Selected balance sheet items (unaudited IFRS, EUR mn) 30 June 2023 30 June 2022 Total Non-current Assets 384.6 311.7 Total Current Assets 291.8 279.9 Total Assets 676.4 591.6 Total Shareholder's Equity 140.9 58.8 Total Current Liabilities 203.1 203.1 Total Long Term
Slide 13: Updated guidance for 2023
Updated guidence for 2023 Annual trend of consolidated EBIT (EUR mn) 37 - 40 33.3 30.6 -2.7 2022 One-off gain 2022 ITS RCL Insurance 2023 One-off gain 2023 in 2022 normalised normalized in 2023 • Annual normalised EBIT – without the one-off effects both in 2022 and 2023 – expected to growth by minim
Slide 14: Thank you for your attention!
Thank you for your attention! WABERER’S INTERNATIONAL Nyrt. H-1239 Budapest, Nagykőrösi út 351. Tel: +36 1 421 6300 E-mail: investor.relations@waberers.com
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