Envipco Holding N.v. · EURONEXT:ENVI
Envipco — Investor Presentation (August 2024)
22 slides from Envipco's investor presentation, August 2024
Slide 1: Envipco
Envipco A Recycling Technology Leader Creating a Cleaner World for Future Generations Company presentation | August 2024
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION may contain forward looking statements. These statements are based on current expectations, estimates and projections of Envipco’s management and information currently available to the company. Envipco cautions that such statements contain elements of risk and uncertaint
Slide 3: A global recycling technology company set for growth
A global recycling technology company set for growth Building from… EUR 114.7 million • Engaging a vast global market opportunity, mainly driven by LTM Q2 24 revenues deposit legislation rolled out across all EU countries 3.0x • Captured leading position in European growth markets, building revenue
Slide 4: Why we continue to win with our customers
Why we continue to win with our customers Broad and proven Proven track record Ample production Consultative product portfolio with world leading capacity approach addressing all retailers in USA, Germany and addressing customers' customer segments showing our quality Romania with the unique needs f
Slide 5: Delivering on European growth strategy
Delivering on European growth strategy Revenue development EUR million, unaudited Increased awareness and legislative initiatives largely DRS second wave (EU) driven by maturing North American Market 1) Gross sales.
Slide 6: Vast market opportunity
Vast market opportunity Market potential (k units) EU Packaging and Packaging Waste Interoperable national UK DRS Regulation (PPWR) Deposit Management 1 200 90% Organization (DMO) appointed By Spring 2025 300 Collection rate for plastic bottles and cans using DRS by 1 January 2029* DMOs set up and e
Slide 7: Advancing positioning into C-store segment
Advancing positioning into C-store segment Envipco acquired Sensibin Limited • Sensibin Limited is a Dublin, Ireland-based company offering an innovative, customer friendly and cost-efficient RVM o Currently the lowest-cost RVM in the market with an installed base in Ireland • A powerful addition to
Slide 8: Markets prioritized from DRS second wave
Markets prioritized from DRS second wave Legislative considerations and planning Preparations Anticipated next wave of DRS legislation in European markets Implementation and execution Publicly announced launch Proposal for DRS system, potential start date H1 2026 No current timeline, but beverage in
Slide 9: Financial highlights
Financial highlights Profit & Loss 2021 2022 2023 LTM Financial position 2021 2022 2023 Q2 24 (EURm) (EURm) N.America/RoW 31.2 38.2 32.1 32.7 Fixed assets 19.8 25.7 29.8 32.5 Europe 7.2 18.1 55.5 82.0 Current assets 28.9 36.7 56.1 63.5 Revenues 38.4 56.4 87.6 114.7 Cash 3.4 165.5 12.5 24.4 Growth y/
Slide 10: Delivering strong growth in existing markets
Delivering strong growth in existing markets Q2 24 in EUR millions, unaudited Q2 24 Q2 23 H1 24 H1 23 • Group revenues EUR 26.6m (+61% y/y) Revenues 26.6 16.5 54.0 26.9 • Gross margin 35.6%, up from 34.5% in Q2 23 - Europe 17.3 8.4 37.2 10.7 • Gross earnings +66% y/y to EUR 9.5m - North America & Ro
Slide 11: North America Europe
North America Europe Quarterly revenues Quarterly revenues (EUR million, unaudited) (EUR million, unaudited) RVM sales Program services RVM sales Program services LTM revenues LTM revenues (EUR million, unaudited) (EUR million, unaudited)
Slide 12: Envipco share overview
Envipco share overview Share description Shareholdings by country2 • Listed at Euronext Amsterdam: Ticker ENVI • Listed at Euronext Growth Oslo – Ticker ENVIP • Market capitalization: NOK 3.8b / EUR 320m1 15.0 % • # of shares outstanding: 57.7 million 4.9 % 38.4 % Top 10 Shareholders July 2024 6.0 %
Slide 13: Our journey ahead
Our journey ahead Market share in new markets Continue to delivering on our growth strategy • EU Packaging and Packaging Waste Regulation (PPWR) and UK DRS enabling vast European market opportunity +30% • Securing leading market position in key new growth markets Revenue growth 2021 - Promising reve
Slide 14: Pantstation
Pantstation din pant bs a os ©envipco
Slide 15: Appendix
Appendix
Slide 16: Quantum: The bulk feed champion
Quantum The bulk feed champion
Slide 17: Modula: Adaptable high-speed backroom solution
Modula Adaptable high-speed backroom solution
Slide 18: Flex & Optima
PLASTIC, GLASS, & CANS PLASTIC & CANS Flex & Optima @envipco
Slide 19: Profit & Loss
Profit & Loss* in EUR thousands Q2 24 Q2 23 Q1 241 Q1 242 H1 24 H1 23 Revenues 26,569 16,477 27,436 27,436 54,005 26,885 Cost of sales (17,112) (10,797) (17,814) (17,831) (34,926) (17,679) Gross Profit 9,457 5,680 9,623 9,606 19,079 9,207 Selling and distribution expenses (999) (607) (1,133) (1,133)
Slide 20: Balance sheet
Balance sheet* in EUR thousands Note 30.06.24 31.03.241 31.03.242 31.12.231 30.06.23 in EUR thousands Note 30.06.24 31.03.241 31.03.242 31.12.231 30.06.23 Equity Assets Share capital 2,885 2,885 2,885 2,585 2,585 Non-current assets Share premium 95,606 95,504 95,504 71,021 70,867 Intangible assets 8
Slide 21: Cash Flow Statement
Cash Flow Statement* in EUR thousands Q2 24 Q2 23 H1 24 H1 23 Q1 241 Q1 242 Cashflow from operating activities Operating results 642 (1,493) 1,724 (3,736) 1,082 1,065 Adjustment for: Depreciation & Amortization 1,919 1,407 3,864 2,785 1,945 1,676 Deferred revenue (1,246) - (3,837) - (2,591) - Change
Slide 22: © envipco
© envipco