Slide 1: Third quarter 2021 Results
Third quarter 2021 Results 4 November 2021
Slide 2: Disclaimer
Disclaimer The information contained in this document (the “Information”) has been prepared by ALD (the “Company”) solely for informational purposes. The Information is proprietary to the Company and confidential. This presentation and its content may not be reproduced or distributed or published, d
Slide 3: Record financial performance 9M 2021
Record financial performance 9M 2021 Margins excl. UCS Used car sales C/I ratio Net income (Group share) EUR 1,019m EUR 278m 48.2% EUR 610m +10% vs 9M 2020 . vs EUR 18m 9M 2020 vs 50.5% 9M 2020 +76% vs 9M 2020 3 │04/11/2021
Slide 4: Strategic acquisitions in new mobility offerings
Strategic acquisitions in new mobility offerings Plan Book Pay Manage ▪ Full digital car subscription company ▪ Circa 12k vehicles ▪ Accelerate development of digital car subscription services ▪ Manage, plan, book and pay for corporate mobility ▪ Expand the commercial reach of mobility solutions All
Slide 5: ALD at the forefront of electrification
ALD at the forefront of electrification Passenger Car deliveries by Powertrain (EU+(4)) 5% 11% 71% 55% 7% 6% 27% 18% FY2020 2021 YTD EV (BEV+PHEV) Other Green ICE Other Breakthrough of EV (1) gathering Full ALD Electric offer (incl. Preferred partnerships in place pace charging) available in 12 coun
Slide 6: 2021 Funded fleet growth guidance raised to between 3% and 4%
2021 Funded fleet growth guidance raised to between 3% and 4%(1) Funded fleet(2) at 1,382k vehicles up 0.7% vs Funded fleet(2) (‘000) at end period end of December 2020 1,450 ▪ Total contracts(3) at 1,679k 1,400 Strong commercial dynamics 1,382 ▪ Record order bank 1,350 1,372 ▪ Delays in deliveries
Slide 7: Earning asset growth driving economies of scale
Earning asset growth driving economies of scale Leasing contract & Services margins (in EUR m) Leasing contract and Services margins up EUR 93.2m, +10.1% vs 9M 2020 1,019 964 926 464 ▪ Dynamic growth in Leasing margins 466 479 › Reflecting earning asset growth linked to powertrain shift › Strong pos
Slide 8: Used car sales result per unit to be well above EUR 1,000 in 2021
Used car sales result per unit to be well above EUR 1,000 in 2021 Used car sales result (in EUR m) UCS result per unit sold (in EUR) Used cars sold (‘000 units) 278 1,974 247 218 215 65 285 333 18 9m 2019 9m 2020 9m 2021 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 9m 2019 9m 2020 9m 2021 2019 2019 2020 2020 2020 202
Slide 9: Net income (Group share) rebounded strongly from COVID-19 pandemic
Net income (Group share) rebounded strongly from COVID-19 pandemic Cost of risk(1) (in EUR m) 59 Continued low cost of risk 32 ▪ Governments maintaining strong macroeconomic support 25 ▪ Forward looking provision: unchanged assumptions › Reminder: IFRS 9 Forward looking provision of EUR 11.9m record
Slide 10: Outlook
Outlook
Slide 11: Updated 2021 Guidance
Updated 2021 Guidance Funded fleet(1) Used car sales C/I ratio To grow between To be well above To 3% and. 4% EUR 1,000 Improve vs Dec 2020 per unit sold in 2021 vs. 2020 Previously 1% and 3% EUR 600 to 900 1. Full Service Lease contracts including ALD Flex and Used Car Lease 11 │04/11/2021
Slide 12: Appendix
Appendix
Slide 13: 9 months 2021 financial results
9 months 2021 financial results 9M 9M Var. Var. % In EUR million 2021 2020 9M 21 vs 9M 20 9M 21 vs 9M 20 Total contracts(1) (‘000) 1,679 1,762 -83 -4.7% Leasing contract margin 555.3 447.2 108.0 24.2% Services margin 463.9 478.8 (14.8) -3.1% Leasing contract & Services margins 1,019.2 926.0 93.2 10.
Slide 14: Third quarter financial results
Third quarter financial results Q3 Q3 Var. Var. % In EUR million 2021 2020 Q3 21 vs Q3 20 Q3 21 vs Q3 20 Total contracts(1) (‘000) 1,679 1,762 -83 -4.7% Leasing contract margin 183.6 151.7 31.9 21.0% Services margin 164.0 158.3 5.7 3.6% Leasing contract & Services margins 347.6 310.1 37.6 12.1% Used
Slide 15: Balance sheet at 30 June 2021
Balance sheet at 30 June 2021 In EUR million June Dec Var. June 21 Var. % June 21 Earning Assets increased by 3.6% reflecting 2021 2020 vs Dec 20 vs Dec 20 the increasing share of higher value Earning assets 21,585 20,825 760 3.6% vehicles (EV) in new deliveries o/w Rental fleet 20,814 20,077 737 3.
Slide 16: Closed EUR 400m French securitization on 21/10/2021
Closed EUR 400m French securitization on 21/10/2021 16 │04/11/2021
Slide 17: Quarterly series
Quarterly series (in EUR million)1 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Leasing Contract Margin 167.6 166.1 165.1 130.5 151.7 178.9 178.7 192.9 183.6 Services Margin 158.7 166.0 158.0 162.4 158.3 151.5 149.3 150.6 164.0 Leasing Contract and Services Margins 326.3 3
Slide 18: Yearly series
Yearly series (in EUR million)1 2015 2016 2017 2018 2019 2020 Leasing Contract Margin 431.6 514.1 574.5 623.8 664.1 626.1 Services Margin 534.0 528.6 593.0 616.7 632.3 630.3 Leasing Contract & Services Margins 965.6 1,042.7 1,167.5 1,240.5 1,296.4 1,256.4 Used Car Sales Result 207.2 201.5 165.3 102.
Slide 19: N°1 in Europe and widest coverage
N°1 in Europe and widest coverage Multi-brand Captives # countries covered 30 43 30 5 29 11 1 1 3 5 2 48 36 30 2,000 1,871 12,000 11,267(6) End fleet (‘000) as of June 2021 1,761 99 430 2817 1,500 1,417(1) 9,000 ~1,000(2) 1,000 6,000 Europe 1,663 ~705 ~3,800(7) 1,441 8,450 3,237(8) Rest of the ~950
Slide 20: A global footprint
A global footprint Breakdown of fleet by country as at 30/09/2021 Northern Europe Contracts Western Europe Contracts Sweden 29,220 France 474,220 6% Denmark 28,653 6% Germany 208,740 Finland 22,979 Italy 164,566 Norway 15,722 United Kingdom 152,741 9% Total 96,574 Spain 121,842 Belgium 87,607 Nether
Slide 21: Move 2025: Strengthening our competitive edge
Move 2025: Strengthening our competitive edge Become a fully integrated sustainable mobility provider and the global leader in our industry. Four pillars to Move for Customers Growth Good Performance Be recognised as the most Be the global leader in Place people and corporate Generate value over the
Slide 22: ALD in 2025
ALD in 2025 Addressing all markets... ...with a broad product offer Extended asset lifecycle Mobility card ALD Flex First lease Second lease FSL ALD Move Car sharing Remarketing Fleet Management Innovative and evolutive solutions Digitally and globally for a changing market Decreased RV risk Driving
Slide 23: 2025 ambitions
2025 ambitions Move for Customers Move for Growth 2.3 15% Up to 50 c. C. CAGR 19-25 private lease & million contracts countries new mobility contracts Move for Good Move for Performance -40% 30% of new car Cost/income(3) 50-60% CO2 emissions for new deliveries to ratio down to Dividend payout contra
Slide 24: Best in class extra-financial performance
Best in class extra-financial performance Awarded “Best Progression” for the feminization of governing bodies in the French SBF 120 index (ranked 43 overall in 2020 vs. 107 in 2019) by Ethics & Boards, the Observatory of the Governance of Listed Companies. B 70/100 (Gold) ‘A’ rating Advanced Low Ris
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