Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — Q1 2021 Earnings Presentation
15 slides from Manitou Bf Sa's earnings presentation, Apr 27, 2021
Slide 1: Q1 2021 Revenues
Q1 2021 Revenues Michel Denis Hervé Rochet Présentation I Auteur I Date Confidentiel I Publique I Restreint 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: A historic upturn under pressure
Highlights ■ Q1’21 revenues of €471m, +12% vs. Q1’20, +15% like for like* ■ Strong overall recovery in activity ■ Record Q1’21 order intake on equipment of €815m vs. €400m in Q1’20 ■ Record end of Q1’21 order book on equipment at €1344m vs. €648m in Q1’20 ■ Pressure on the supply chain to cope with
Slide 4: Back to group's life
■ Presentation in early January of the new 5-year strategic Back to group’s life plan "New Horizons 2025" organized around : ○ 4 topics ■ Exceed customer expectations with value-added services ■ Drive the green transition for a sustainable business model ■ Boost performance with streamlined operatio
Slide 5: Back to group's life
Back to group’s life ■ Number one in France on agriculture telescopic market ■ Best employer in France (Capital) equipment category ■ Vaccination campaign (France, US, India) ■ Positive progress in JCB litigation ■ Closure of Waco site (Texas) Net sales Q1 2021 I April 27, 2021 Public 5
Slide 6: Major innovations in the construction range
Major innovations in the construction range The products ● Complete renewal of the range of rotary telescopic handlers including an electric offer ● Launch of a new segment of compact fixed telescopic handlers with a low TCO ● Renewal and extension of the articulated loader range ● Announcement of t
Slide 7: Q1 Revenue matrix
Q1 Revenue matrix S&S : Services & Solutions Faster-growing boxes (vs.avg) shown in green Net sales Q1 2021 I April 27, 2021 Public 7
Slide 8: Evolution vs. 2020
Evolution vs. 2020 Net sales Q1 2021 I April 27, 2021 Public 8
Slide 9: Evolution vs. 2020
Evolution vs. 2020 * at constant scope and exchange rates : definition in appendix Net sales Q1 2021 I April 27, 2021 Public 9
Slide 10: Order intake & order book on equipment (€m)
Order intake & order book on equipment (€m) Historical order intake and order book Net sales Q1 2021 I April 27, 2021 Public 10
Slide 11: Division Product operational review
Division Product operational review ■ Recovery in all markets and geographies ■ Strong demand from rental companies ■ Tension on the supply chain and the prices of materials and components ■ Increase in the production rate of sites ■ Implementation of new operational organizations ■ Introduction of
Slide 12: Division S&S operational review
Division S&S operational review ■ Dynamic markets ■ Tension on the supply chain and parts availability ■ Strengthening of internal processes ■ In-depth work on service activities Very strong demand and development of services Net sales Q1 2021 I April 27, 2021 Public 12
Slide 13: Outlook
Outlook ■ Revenue Confirmation of an anticipated increase in revenues in 2021 of more than 15% compared to 2020 ■ Profitability Confirmation of an anticipated increase in recurring operating profit of around 40 basis points in 2021 Net sales Q1 2021 I April 27, 2021 Public 13
Slide 14: Appendix - Definition
Appendix - Definition Like for like, at constant scope and exchange rates: ■ scope : There is no acquired entity nor exit in 2020 and in 2021 ■ application of the exchange rate of the previous year on the aggregates of the current year Net sales Q1 2021 I April 27, 2021 Public 14
Slide 15: Thank you for your attention
Thank you for your attention Net sales Q1 2021 I April 27, 2021 Public 15