Waberer's International Nyrt. · BET:WABERERS
Waberer's International Nyrt — Q4 2022 Earnings Presentation
15 slides from Waberer's International Nyrt's earnings presentation, Mar 29, 2023
Slide 1: Q4 2022 Results Presentation
Q4 2022 Results Presentation WABERER’S INTERNATIONAL Nyrt. Budapest, 29 March 2023
Slide 2: Forward-looking statements
Forward-looking statements This presentation may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefor
Slide 3: Agenda
Agenda | Performance on Group level, actual ownership structure, dividend payment | Group & segment level financials & status of business developments projects |3
Slide 4: Key messages
Key messages I. Highest EBIT performance since 2014 (EUR 33.3 million) – Well-balanced weight of 3 segments (30% - 33% - 37% contribution to Group EBIT) II. 6% EBIT growth in Q4 2022 (EUR 8.8 million) – Growth driven by ITS segment (EUR +5.5 million Y-o-Y growht in ITS, including one-off positive ef
Slide 5: Trend of financial performance on quarterly basis
Trend of financial performance on quarterly basis Group recurring EBIT (EUR mn) +6% 10.3 9.7 8.3 8.8 7.7 6.6 4.5 4.6 3.5 1.2 0.1 -2.7 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Group net indebtedness & leverage (EUR mn) Net leverage ratio Net indebtedness 200 187 176 8 1
Slide 6: Trend of financial performance on annual basis
Trend of financial performance on annual basis Group recurring EBIT (EUR mn) 33.3 29.7 27.2 26.2 22.0 21.6 2.1 -2.0 -11.0 2014 2015 2016 2017 2018 2019 2020 2021 2022 Group net indebtedness & leverage (EUR mn) Net leverage ratio Net indebtedness 300 279 8 241 210 210 211 6 200 191 150 123 122 4 4.3
Slide 7: Ownership structure & Dividend payment
Ownership structure & Dividend payment Change in ownership structure 1.2% 1.2% 17.9% 17.9% 26.8% • Regulatory approval of the acquisition of HIGH YIELD’s 22.9% share package by BDPST Group 49.6% (via Merkport) is still in progress 28.9% 28.9% 0.3% 22.9% 0.3% • In case of approval of above acquisitio
Slide 8: Agenda
Agenda | Performance on Group level, actual ownership structure, dividend payment | Group & segment level financials & status of business development projects |8
Slide 9: Group Results
Group Results Group Revenue (EUR mn) • Consolidated revenue • increased by 11% compared to Q4 21 and by 14% +14% annualy • growth reflects success of price increase mechanism and 676 593 slight increase on net prices • Group recurring EBIT +11% • reached EUR 8.8 mn in Q4 22 – third consecutive year
Slide 10: Segment results
Segment results ITS ▪ Increase in revenue and EBIT in ITS (EUR mn) ▪ Both quarterly and annual revenue has increased by 23% +23% due to automatic repricing impact and slight increase in net +560% price levels 426 +458% ▪ EUR + 5.5 million quarterly and EUR + 8.4 million annual 347 9.9 +23% EBIT incr
Slide 11: Income statement
Income statement Group selected income statement items (IFRS 16 (1), EUR mn) Better 2022 2021 2022 2021 Better (w orse) (w orse) Q4 Q4 (%) 12M 12M (%) Revenue 169.2 152.4 11.0% 675.9 592.5 14.1% Direct costs (150.6) (132.7) (13.5%) (592.4) (514.3) (15.2%) of w hich: depreciation and amortisation (12
Slide 12: Group Balance Sheet and Cash Flow
Group Balance Sheet and Cash Flow Selected balance sheet items (unaudited IFRS, EUR mn) Total Non-current Assets 338.5 311.8 Total Current Assets 279.3 203.9 Total Assets 617.8 515.7 Total Shareholder's Equity 77.8 68.8 Total Current Liabilities 174.0 209.8 Total Long Term Liabilities 366.0 237.0 To
Slide 13: Status of warehouse development project
Status of warehouse development project Development in ECSER Status of development: • Total size: 47 000 m2 (7x soccer field, biggest WH building in our portfolio) • Expected timing: • Development: Q1 23 – Q1 24 • Launch of operation: from Q1 24 • Total budget: EUR 46 million (including EUR 15.5 mil
Slide 14: Status of Green Service expansion
Status of Green Service expansion Status of rail & road (intermodal) logistics service growth • Short term solution for sizeable eco friendly transportation solution • Capability and internal processes for rail logistics solutions were established with focus on selected dedicated lines • Ready to pa
Slide 15: Thank you for your attention!
Thank you for your attention! WABERER’S INTERNATIONAL Nyrt. H-1239 Budapest, Nagykőrösi út 351. Tel: +36 1 421 6300 E-mail: investor.relations@waberers.com
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