Waberer's International Nyrt. · BET:WABERERS
Waberer's International Nyrt — Q3 2022 Earnings Presentation
13 slides from Waberer's International Nyrt's earnings presentation, Nov 9, 2022
Slide 1: Q3 2022 Results Presentation
Q3 2022 Results Presentation WABERER’S INTERNATIONAL Nyrt. Budapest, 9 November 2022
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, status of public purchase offer & launch of dividend pay-out | Group & segment level financials & status of usage of investment funds |3
Slide 4: Key messages
Key messages I. +47% year-on-year quarterly EBIT improvement (EUR 9.7 million) – All 3 segments increased its EBIT II. Revised expectations for 2022 – EUR 30+ million annual EBIT is expected for current business year III. Launch of dividend payment – BoD decided to propose to General Assembly the pa
Slide 5: Trend of financial performance
Trend of financial performance Group recurring EBIT (EUR mn) +47% 10.3 9.7 7.7 8.3 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 Group net indebtedness & leverage (EUR mn) 200 187 Net leverage ratio Net indebtedness 8 176 161 149 145 150 127 6 123 120
Slide 6: Public offer for free float
Public offer for free float Public offer 4 000 • Public purchase offer was approved by National Bank of Concorde target price Hungary 3 500 Equilor target price • Offer price: HUF 2,336 / share 3 000 +77.3% • Period for acceptance of purchase offer: 19 October – 18 2 500 November Public offer Actual
Slide 7: Agenda
Agenda | Performance on Group level, status of public purchase offer & launch of dividend pay-out | Group & segment level financials & status of usage of investment funds |7
Slide 8: Group Results
Group Results Group Revenue (EUR mn) • Consolidated revenue • increased by 18% compared to Q3 21 +15% • growth reflects success of price increase mechanism 507 parallel with cost base increase 440 • Group recurring EBIT +18% • reached EUR 9.7 mn in Q3 22 – second highest quarterly 175 EBIT since 201
Slide 9: Segment results
Segment results ITS ▪ Success of quality service provider business model in ITS (EUR mn) ▪ Ability to handle cost side inflation -> 27% quarterly revenue increase (EUR 110 million) +23% +153% +1 355% ▪ Highest quarterly EBIT among segments (EUR 3.5 million) 314 3.5 ▪ Double-digit growth in RCL segme
Slide 10: Income statement
Income statement Group selected income statement items (IFRS 16 (1), EUR mn) 2022 2021 Better/(worse) 2022 2021 Better/(worse) Q3 Q3 (%) 9M 9M (%) Revenue 174.6 147.8 18.1% 506.7 440.1 15.1% Direct Costs (1) (139.1) (116.0) (20.0%) (407.4) (345.7) (17.8%) Gross profit (recurring) 35.5 31.8 11.3% 99.
Slide 11: Group Balance Sheet and Cash Flow
Group Balance Sheet and Cash Flow Selected balance sheet items (unaudited IFRS, EUR mn) 30 September 30 September 31 Dec 2021 2022 2021 Total Non-current Assets 292.3 335.2 322.9 Total Current Assets 289.4 180.5 172.5 Total Assets 581.7 515.7 495.4 Total Shareholder's Equity 57.9 68.8 67.7 Total Cur
Slide 12: Status of investment funds
Status of investment funds General status Financial investments Bond issuance in the value of EUR 111 million with 10-year • Majority of the bond related investment funds are maturity in April 2022. expected to be used in 2023 and 2024. • Financial investments were executed to bridge the gap Current
Slide 13: 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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