Gestamp Automocion S.a. · BME:GEST
Gestamp Automocion — FY2024 Earnings Presentation
31 slides from Gestamp Automocion's earnings presentation, Feb 27, 2025
Slide 1: FY 2024 Results presentation
FY 2024 Results presentation February 27th, 2025
Slide 2: Disclaimer
DISCLAIMER Gestamp This presentation has been prepared solely for use at this presentation of our results as of and for the quarter ended December 37, 2024. By attending the conference call meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the f
Slide 3: Index: Key highlights for FY 2024
Gestamp INDEX KEY HIGHLIGHTS FOR FY 2024
Slide 4: FY 2024 Key highlights
Fy 2024 Key highlights Revenues EBITDA2 Balance Sheet Phoenix
Slide 5: A year marked by volumes volatility and lack of growth
a year marked by volumes volatility and lack of growth
Slide 6: 2024 updated guidance achieved
2024 updated guidance achieved
Slide 7: Since IPO strengthening our financial position
since IPO strengthening our Financial position Revenues EBITDA(2) Balance Sheet(3) € Per vehicle produced (1) € Per vehicle produced (1) x Leverage 146€ 16€ 2.3x 96€ 11€ 1.6x Strong Diversified Growth Preserving Profitability Focus on Cash Generation
Slide 8: Market Outperformance in FY 2024
Market Outperformance in FY 2024 25.6% 2.5% 0.0% -3.8% -10.0% -1.9% 4.5% 6.5% 53.1% 0.2% -0.1% 2.5%
Slide 9: Stable EV related sales
STABLE EV RELATED SALES Gestamp Slower than projected EV production through the year, specially in Western Europe and NAFTA, key regions for Gestamp EV revenues A A a FY2024 EV Production Volumes | EV Production Volumes Revision’ : (Men) Evolution! EV Related Sales % ) EV penetration (Mveh} i a ( Ge
Slide 10: Phoenix plan: one step towards reaching the targets
phoenix plan: one step towards reaching the targets ❖ ❖ ❖ ❖ (1) (1) ❖ ❖ ❖ (2) ❖
Slide 11: Gescrap: strong profitability amidst lower market prices
Gescrap: strong profitability amidst lower market prices
Slide 12: Financial Overview
Gestamp FINANCIAL OVERVIEW
Slide 13: Financial Performance in FY 2024
Financial Performance in fy 2024
Slide 14: Geographic diversification supporting 2024 performance
Geographic diversification supporting 2024 performance FY 2023 FY 2024 Var. (%) fy 2023 fy 2024 Var. (%) fy 2023 fy 2024 4,671 4,219 -9.7% 540 480 -11.0% 1,713 1,902 +11.0% 248 254 +2.2% 2,472 2,402 -2.8% 166 169 +1.9% 899 928 +3.1% 105 88 -16.6% 1,892 1,976 +4.5% 266 277 +4.0% 626 574 -8.3% 46 52 +
Slide 15: Free cash flow evolution in FY 2024
free cash flow evolution in FY 2024 ✓ ✓ ✓
Slide 16: Extraordinary working capital impacts reversed in Q4
EXTRAORDINARY Working capital impacts reversed in Q4
Slide 17: Focus on maintaining a disciplined financial profile
Focus on maintaining a discipline financial profile
Slide 18: ROCE temporarily impacted by tough market conditions
ROCE temporary impacted by tough market conditions Gestamp aims at remaining disciplined on CAPEX investments and improve profitability to drive value to its shareholders
Slide 19: Outlook and Remarks
Gestamp OUTLOOK AND REMARKS
Slide 20: Production stabilizing at a similar level to 2019 in 2025
Production stabilizing at a similar level to 2019 in 2025
Slide 21: 2025 bringing new threats and opportunities
2025 bringing new threats and opportunities
Slide 22: Return to long-established business fundamentals
Within a context of high uncertainty, volatility, and limited market growth, we need to return to our long-established business fundamentals and pursue further value creation opportunities by leading changes that will drive us to succeed in the industry transformation 3 1 2 4
Slide 23: A solid 5-year Backlog and a clear execution plan
A solid 5-year Backlog and a clear execution plan Short Term Initiatives to ensure 5-year Backlog(1) profitability (€Bn)
Slide 24: Preserving a strong balance sheet
Preserving a strong balance sheet 4 Efficient Working Focus capital management on generating 3 Focus on a strong backlog To continue positive execution and operational improvements strengthening 2 Free cash flow A revisited and selected our balance capex strategy focused sheet profile on return on i
Slide 25: Guidance 2025
Guidance 2025 Committed on delivering on our guidance and reinforcing our financial and strategic positioning Outperformance Auto Business Gescrap Leverage(3) FCF(4) vs market(1) Profitability(2)
Slide 26: 2025 action plan
2025 action plan >10% ❖ ❖ ❖ EBITDA EBITDA EBITDA EBITDA EBITDA % 2023A % 2024A % 2025F (1) % 2026F (1) % 2027F ❖ 7 13 Total (In €m) KEY 26 22 PRIORITY CAPEX IMPACT P&L IMPACT
Slide 27: Closing remarks
5/6 PHS@NIX FY 2024 we Solid Results On track e oO . Focus on 2025 looking at ow aran stability profitability & —S— financial discipline © Gestamp 2025, 7 CLOSING » REMARKS
Slide 28: The Partner supplier
Gestamp the Partner supplier
Slide 29: Clear roadmap for the long run
Clear ROADMAP FOR THE long run… 02 03 01 Gestamp 04 the Partner supplier 07 05 06
Slide 30: Financial Performance in Q4 2024
Financial Performance in Q4 2024
Slide 31: Appendix – alternative performance measures
Appendix – alternative performance measures ´ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢