Johnson Electric Holdings Limited · HKEX:179
Johnson Electric — Q3 FY2020/21 Earnings Presentation
12 slides from Johnson Electric's earnings presentation, Jan 14, 2021
Slide 1: Johnson Electric Holdings Limited FY2020/21 December 2020 Quarter Business Update
JOHNSON ELECTRIC HOLDINGS LIMITED FY2020/21 December 2020 Quarter Business Update
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward looking statements with respect to the financial condition, results of operations and business of Johnson Electric and certain plans and objectives of the management of Johnson Electric. Words such as “outlook”, “expects”, “anticipates”, “intends
Slide 3: Sales Movements Quarter ended 31 Dec 2020
Sales Movements Quarter ended 31 Dec 2020 Sales growth accelerated in the third quarter across all businesses resulting in an 18% increase in sales compared to the same quarter in the prior year Note: Numbers do not add across due to the effect of rounding Page 3
Slide 4: Sales Movements Year-to-Date December 2020
Sales Movements Year-to-Date December 2020 Recovery in sales in the second quarter gathered momentum in the third quarter, largely mitigating the deep pandemic-driven decline in the first quarter Note: Numbers do not add across due to the effect of rounding Page 4
Slide 5: APG Quarterly Sales Movements
APG Quarterly Sales Movements COVID-19 sharply reduced APG’s sales in the 1st quarter, particularly in Europe and the Americas. The Group subsequently experienced a significant recovery in demand Note: APG sales movements % excludes currency impact Page 5
Slide 6: APG Sales Growth vs Light Vehicle Production – Dec 2020 Quarter
APG Sales Growth vs Light Vehicle Production – Dec 2020 Quarter APG’s sales growth of 13% significantly outperformed the light vehicle production growth of 1% in the quarter ended 31 Dec 2020 Note: * APG sales movements % excludes currency impact ** Source: IHS Page 6
Slide 7: APG Sales Growth vs Light Vehicle Production – YTD Dec 2020
APG Sales Growth vs Light Vehicle Production – YTD Dec 2020 APG’s global sales outperform – APG declined by 8% whereas light vehicle production declined 15% in the nine months ended 31 Dec 2020 Note: * APG sales movements % excludes currency impact ** Source: IHS Page 7
Slide 8: APG Sales Trend vs Light Vehicle Production
APG Sales Trend vs Light Vehicle Production APG has consistently outperformed light vehicle production for several successive years Note: 3% 7% * APG sales movements % excludes currency 4% impact 9% ** Source: IHS 7% Page 8
Slide 9: IPG Quarterly Sales Movements
IPG Quarterly Sales Movements While COVID adversely impacted certain customers and market segments, overall, IPG benefited significantly from changes in consumer behaviour and expenditure Note: * IPG sales movements % excludes currency impact ** Source: IHS Page 9
Slide 10: Chairman’s Comments on Sales Outlook
Chairman’s Comments on Sales Outlook “The strong recovery in demand that we experienced during the second quarter continued in the third quarter – with sales levels in both APG and IPG running well ahead of the third quarter in the prior year. Although there remains some uncertainty as to how the up
Slide 11: Supplemental Information
Supplemental Information Page 11
Slide 12: Currency Rates
Currency Rates US$21M currency movements in sales, mainly from changes in average exchange rates for the Euro and the Chinese Renminbi against the US Dollar Source: Bloomberg daily rates Page 12
Johnson Electric Holdings — Q3 FY2020/21 Earnings Presentation on 6ix