Vossloh Aktiengesellschaft · XETR:VOS
Vossloh Aktiengesellschaft — German Corporate Conference 2023
27 slides from Vossloh Aktiengesellschaft's conference presentation, Jan 18, 2023
Slide 1: Presentation Vossloh German Corporate Conference January 18, 2023
PRESENTATION VOSSLOH GERMAN CORPORATE CONFERENCE JANUARY 18, 2023
Slide 2: Vossloh's History
VOSSLOH'S HISTORY Foundation Creation Takeover of the company Eduard Foundation of the current Vossloh AG, of the Stahlberg-Roensch Vossloh, headquartered of Stahlberg-Roensch which is listed on the Group, track maintenance in Werdohl GmbH in Hamburg stock exchange and logistics services 1888 1948
Slide 3: Vossloh's History
VOSSLOH'S HISTORY Sale Acquisition of Rail Vehicles, Spanish of the Australian locomotive and tramway sleeper manufacturer Austrak manufacturer, to Stadler Rail AG and the milling business of STRABAG Rail GmbH 2015 2018 2014 2017 2020 Realignment Acquisition Completion of of the Group into a company
Slide 4: Vossloh Corporate Video
VOSSLOH CORPORATE VIDEO https://www.vossloh.com/en/company/
Slide 5: The Strategy
THE STRATEGY VOSSLOH IS PERFECTLY POSITIONED TO SERVE THE NEED FOR HIGHER TRACK AVAILABILITY Shift to Rail Global megatrends Unique position Need for more transportation Unique and comprehensive Clean modes of transportation product and service portfolio Understanding of the rail track as a system G
Slide 6: Our Vision
OUR VISION MAKE THE WORLD A BETTER PLACE Our vision Sustainable, safe and convenient rail mobility to make the world a better place Our mission We enable green mobility with innovative and tailored rail infrastructure solutions Our values Passion Excellence Entrepreneurship Trust & Respect Sustainab
Slide 7: The Corporate Structure
THE CORPORATE STRUCTURE FOCUS ON THE RAIL TRACK Sales in € million 429.1 418.7 115.5 879 2,150 520 Workforce Core Components Customized Modules Lifecycle Solutions Industrially manufactured standardized Modular solutions customized to suit specific Specialized services covering all aspects of the pr
Slide 8: We Take Responsibility
WE TAKE RESPONSIBILITY LONG-TERM CORPORATE SUCCESS REQUIRES A BALANCE OF ECONOMIC, SOCIAL AND ENVIRONMENTAL INTERESTS Sustainability as a corporate value New sustainability strategy / enabling green mobility forms Vossloh's guiding principle / Sustainability commitment of the Executive Board renewed
Slide 9: Rail Infrastructure Market
RAIL INFRASTRUCTURE MARKET THE RAIL MARKET RELEVANT TO VOSSLOH IS GROWING AND OFFERS POTENTIALS (in € billion) Western Europe CIS 13.8 Eastern 10.5 1.2 1.6 Europe Volume Forecast NAFTA 1.9 3.1 2019/21 2025/27 Volume Forecast 2019/21 2025/27 Volume Forecast 2019/21 2025/27 Asia & 8.0 Pacific 6.4 Volu
Slide 10: Our Sales Markets
OUR SALES MARKETS BROAD POSITIONING, WORLDWIDE CUSTOMER ACCESS, PRODUCTS AND SERVICES IN >100 COUNTRIES Top 5 Sales regions (2021, € million) 239 219 115 103 90 Sales by region (2021) 3% Africa Australia 11% 10% America 53% Europe 23% Asia Countries, in which Vossloh products are used 10 German Corp
Slide 11: Rail Investment Programs Worldwide
RAIL INVESTMENT PROGRAMS WORLDWIDE FOR GREATER LEVELS OF RAIL TRAFFIC Europe Germany / EU Green Deal: Doubling Italy to 2030 high-speed transport by 2030 to 2026 / “Starke Schiene” Initiative and freight transport by 2050 / EU Recovery and Resilience Facility: €25 & “Leistungs- und / NextGenerationE
Slide 12: Strong Order Situation
STRONG ORDER SITUATION MAJOR SALES SUCCESSES - STRONG BASIS FOR ORGANIC GROWTH 12/1/2021 Vossloh wins major contract in Turkey for the 12/14/2021 Vossloh wins major order from China for rail supply of rail infrastructure components for high-speed line fastening systems 1/19/2022 Vossloh wins order f
Slide 13: Financial Overview Q3/2022
vossloh FINANCIAL OVERVIEW Q3/2022
Slide 14: Vossloh Group: Key Group Indicators
VOSSLOH GROUP SIGNIFICANT INCREASE IN SALES; PROFITABILITY IMPACTED BY HIGHER PROCUREMENT COSTS KEY GROUP INDICATORS NOTES 1-9/2021 1-9/2022 Sales up by 8.3 percent, growth attributable to all divisions, in particular Lifecycle Solutions and Customized Modules with significant sales increase Sales r
Slide 15: Vossloh Group: Net Financial Debt
VOSSLOH GROUP NET FINANCIAL DEBT SIGNIFICANTLY HIGHER DUE TO INCREASE IN WORKING CAPITAL, SUBSTANTIAL DECREASE EXPECTED AT YEAR-END KEY GROUP INDICATORS 1-9/2021 2021 1-9/2022 NOTES 9/30/21 12/31/21 9/30/22 Equity increased noticeably despite dividend payment in 2022 (around €18 Equity € mill. 579.2
Slide 16: Vossloh Group: Orders Received and Order Backlog
VOSSLOH GROUP ORDERS RECEIVED REACH NEW RECORD LEVEL; BOOK-TO-BILL AT 1.27 ORDERS RECEIVED ORDER BACKLOG NOTES (in € mill.) (in € mill.) 962.0 137.5 Orders received after nine months at a new record level of almost €1 billion and 814.6 44.2 percent up year on year; especially significantly higher or
Slide 17: Outlook
vossloh OUTLOOK
Slide 18: Guidance 2022 and Mid-Term Ambitions
GUIDANCE 2022 AND MID-TERM AMBITIONS FURTHER SALES GROWTH AND INCREASING PROFITABILITY TARGETED 1,000++ (Sales revenues in € million) (EBIT margin in %) 1,000+ 10+ 1,000-1,050 943 ~9.0 7.7 7.0 – 7.5 Mid-term Long-term Mid-term Long-term 2021 2022E1 expectation expectation 2021 2022E1 expectation exp
Slide 19: Notes
NOTES 19 vossloh
Slide 20: Vossloh Group: Income Statement
VOSSLOH GROUP INCOME STATEMENT € mill. 1-9/2021 1-9/2022 Sales revenues 698.4 756.2 Cost of sales (527.0) (590.1) General administrative and selling expenses (112.8) (117.2) Allowances and write-ups of financial assets 1.0 0.8 Research and development costs (6.8) (5.9) Other operating income 8.6 13.
Slide 21: Vossloh Group: Balance Sheet
VOSSLOH GROUP BALANCE SHEET Assets in € mill. 9/30/2021 12/31/2021 9/30/2022 Equity and liabilities in € mill. 9/30/2021 12/31/2021 9/30/2022 Intangible assets 328.8 343.2 352.7 Capital stock 49.9 49.9 49.9 Property, plant and equipment 316.0 323.8 322.4 Additional paid-in capital 190.4 190.4 190.5
Slide 22: Vossloh Group: Key Performance Indicators
VOSSLOH GROUP KEY PERFORMANCE INDICATORS Core Components Fastening Systems Tie Technologies Customized Modules Lifecycle Solutions 1-9/2021 1-9/2022 1-9/2021 1-9/2022 1-9/2021 1-9/2022 1-9/2021 1-9/2022 1-9/2021 1-9/2022 Sales revenues € mill. 339.3 346.7 232.7 244.1 111.4 113.1 292.6 332.4 78.6 94.
Slide 23: Vossloh Group: Cash Flow Statement
VOSSLOH GROUP CASH FLOW STATEMENT € mill. 1-9/2021 1-9/2022 Earnings before interest and taxes (EBIT) 62.2 55.0 EBIT from discontinued operations (0.3) 1.0 Amortization/depreciation/impairment losses/reversal of impairment losses of noncurrent assets 38.3 37.8 Change in noncurrent provisions 2.7 3.5
Slide 24: Vossloh Group: Employees
VOSSLOH GROUP EMPLOYEES Reporting date Average Employees 9/30/2021 9/30/2022 1-9/2021 1-9/2022 Core Components 863 932 877 914 Customized Modules 2,122 2,247 2,132 2,240 Lifecycle Solutions 531 545 516 543 Vossloh AG 65 68 62 67 Group 3,581 3,792 3,587 3,764 24 German Corporate Conference
Slide 25: Price Performance, Share Information and Shareholder Structure
VOSSLOH GROUP PRICE PERFORMANCE, SHARE INFORMATION AND SHAREHOLDER STRUCTURE Vossloh share price development, 12/31/2021 to 9/30/2022 € 50 45 40 Vossloh share 35 SDAX (rebased) 30 MDAX (rebased) 25 DAX (rebased) 12/31/2021 3/31/2022 6/30/2022 9/30/2022 Information on the Vossloh share Shareholder st
Slide 26: Disclaimer
DISCLAIMER NOTE This presentation contains statements concerning the future business performance of the Vossloh Group that are based on assumptions and estimates from the Company management. If the assumptions that the projections are based on fail to occur, the actual results of the projected state
Slide 27: Thank You for Your Time. Q&A
THANK YOU FOR YOUR TIME. Q&A vossloh
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