Verbio Se · XETR:VBK

Verbio — VERBIO Vereinigte BioEnergie — H1 2021/2022 Earnings Presentation

23 slides from Verbio's earnings presentation, Feb 10, 2022

  1. Slide 1: Analysts' Conference Interim Report 1 HY 2021/2022

    Analysts’ Conference Interim Report 1 HY 2021/2022 VERBIO Vereinigte BioEnergie AG Claus Sauter (CEO) Leipzig, February 10, 2022 © VERBIO 1 HY 2021/2022 // 10.02.2021

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains forward-looking statements which are based on assumptions and judgements made by the management of VERBIO Vereinigte BioEnergie AG. Although the Company's management is of the opinion that those assumptions and estimations are realistic, actual future developmen

  3. Slide 3: Contents

    Contents 1 Business performance 1 HY 2021/2022 2 Projects and Market outlook 3 Outlook in 2 HY 2021/2022 and thereafter © VERBIO 1 HY 2021/2022 // 10.02.2021 3

  4. Slide 4: Business Performance 1 HY 2021/2022

    Business Performance 1 HY 2021/2022 © VERBIO 1 HY 2021/2022 // 10.02.2021 4

  5. Slide 5: Group sales HY 2021/2022

    1. Business Performance VERBIO Group Group sales 1 HY 2021/2022 Group sales (EUR m) Segment revenue (EUR m) 809 810 10 740 670 218 600 530 479 460 437 380 390 352 320 Biodiesel 586 1 HY 1 HY 1 HY 1 HY 1 HY Bioethanol 2017/18 2018/19 2019/20 2020/21 2021/22 Other  1 HY 2021/2022 Group sales +68.9 %

  6. Slide 6: Group overview

    1. Business Performance VERBIO Group Group overview EUR m 1 HY 2021/2022 1 HY 2020/2021 change Production (t) 432.413 425,626 1.6% Sales revenues 809.1 479.1 68.9% EBITDA 187.2 80.4 132.8% EBIT 172.4 65.0 165.2% EPS (EUR/share) 1.90 0.70 171.4% Equity ratio (%)** 71.3 75.8 Operating cash flow 95.4 6

  7. Slide 7: Development of production and EBITDA margin

    1. Business Performance VERBIO Group Development of production and EBITDA margin  Production capacity utilisation for biodiesel and bioethanol 94.0% (1 HY 2020/2021: 92.5%)  High level of biomethane production  EBITDA margin profiting from von high demand for CO2-efficient biofuels © VERBIO 1 HY

  8. Slide 8: Segments

    Segments © VERBIO 1 HY 2021/2022 // 10.02.2021

  9. Slide 9: Biodiesel

    1. Business Performance Segments Biodiesel EUR m 1 HY 2021/2022 1 HY 2020/2021 change Production (t) 305.192 307,230 -0.7% Utilisation (percent) 92.5 93.1 Sales 585.7 321.2 82.3% EBITDA 118.3 27.4 331.8% EBIT 113.2 21.9 416.9%  Best half-year segment result in VERBIO’s history  Biodiesel productio

  10. Slide 10: Bioethanol

    1. Business Performance Segments Bioethanol EUR m. 1 HY 2021/2022 1 HY 2020/2021 change Production (t) 127,221 118,396 7.5% Utilisation (percent) 97.9 91.1 Production (GWh) 414.7 414.2 0.1% Utilisation (percent) 92.2 92.0 Sales 217.7 153.1 42.2% EBITDA 67.3 51.4 30.9% EBIT 58.6 42.4 38.2%  Slight i

  11. Slide 11: Projects/ Market outlook

    Projects/ Market outlook © VERBIO 1 HY 2021/2022 // 10.02.2021 11

  12. Slide 12: Market outlook

    2. Market outlook  The increase in GHG quota obligation (25 percent by 2030) and cessation of credits for natural gas from January 1, 2022 is having a positive effect on margins  The attractivity of advanced biofuels due to double-crediting for GHG saving obligations increase the trend * Over-achi

  13. Slide 13: Projects: Fit for 2023 expansion

    2. Projects „Fit for 2023“ Expansion of biofuels capacity in Germany  Doubling the current production capacity for advanced biofuels  Expansion of ethanol production by approximately 50 percent Commissioning begins at the Punjab/India location First volumes produced beginning of January 2022 © VER

  14. Slide 14: Production start and construction work at Nevada, Iowa (USA)

    2. Projects Production start and construction work at Nevada, Iowa (USA) © VERBIO 1 HY 2021/2022 // 10.02.2021 14

  15. Slide 15: Potential North America and synthetic fuels

    2. Market outlook Potential North America  Significant growth potential in North America, due to change in government among other factors  Increasing globalisation of the biofuels industry  Trading desk in Stamford will take advantage of synergies, making use of market knowledge for arbitrage pur

  16. Slide 16: Making use of green CO2

    2. Market outlook Making use of green CO2 + CO2 CH4 © VERBIO 1 HY 2021/2022 // 10.02.2021 16

  17. Slide 17: Potential in methanisation

    2. Market outlook Potential in methanisation Renewable electricity 210 ltr. Diesel 315kg CO2 208Nm3 H2 O2 StrawGas CO2 + 4H2 2H2O + CH4 315kg CO2 114kg CH4 229 kg O2 160 ltr. Diesel © VERBIO 1 HY 2021/2022 // 10.02.2021 17

  18. Slide 18: Natural gas = Methane = CH4

    2. Market outlook Natural gas = Methane = CH4 CH4 CH4 CH4 CH4 Natural gas Biomethane Biomethane Methane Putin corn straw electricity + CO2 fossil 1. G Biofuel 2. G Biofuel Synfuel © VERBIO 1 HY 2021/2022 // 10.02.2021

  19. Slide 19: Renewable chemicals

    2. Market outlook Renewable chemicals  Major potential for the use of renewable products in the chemical industry.  Construction of our first ethenolysis plant in Germany with the manufacture of the associated catalysts in Hungary  Investment EUR 100 m  In future, up to 30 percent of rapeseedoil

  20. Slide 20: Outlook 2 HY 2021/2022 and thereafter

    Outlook 2 HY 2021/2022 and thereafter © VERBIO 1 HY 2021/2022 // 10.02.2021 20

  21. Slide 21: Outlook for the 2 HY 2021/2022

    3. Outlook for the 2 HY 2021/2022  Plant utilisation: 2 HY 2021/2022: good plant utilisation (unchanged)  Market margins 2 HY 2021/2022: Biodiesel: high margins expected Bioethanol: high margins expected  CAPEX financial year 2021/2022 and 2022/2023 (planned total approx. EUR 300 m) Forecast for

  22. Slide 22: Thank you for your attention!

    Thank you for your attention! VERBIO Vereinigte BioEnergie AG Ritterstraße 23 • 04109 Leipzig T: +49 (0) 341 308530-0 • F: +49 (0) 341 308530-999 info@verbio.de • www.verbio.de © VERBIO 1 HY 2021/2022 // 10.02.2021

  23. Slide 23: Contact

    Contact Investor Relations Public Relations Constanze Blechschmidt Ulrike Kurze Investor Relations Marketing/PR Ritterstraße 23 Ritterstraße 23 04109 Leipzig 04109 Leipzig T: + 49 341 308530-281 T: + 49 341 308530-287 F: + 49 341 308530-998 M: + 49 176 13085404 E-Mail: ir@verbio.de E-Mail: ulrike.ku

VERBIO Vereinigte BioEnergie — H1 2021/2022 Earnings Presentation on 6ix