Waberer's International Nyrt. · BET:WABERERS
Waberer's International Nyrt — Q4 2021 Earnings Presentation
14 slides from Waberer's International Nyrt's earnings presentation, Mar 24, 2022
Slide 1: Q4 2021 Results Presentation
Q4 2021 Results Presentation WABERER’S INTERNATIONAL Nyrt. Budapest, 24 March 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 and effects of geopolitical tensions & fuel price | Group Finances & Expectations for 2022 |3
Slide 4: Key messages
Key messages I. Highest annual consolidated performance since 2017 – EUR 27.2 mn EBIT and EUR 18.1 mn Net Income II. EUR 8.3 million EBIT and EUR 5.9 million Net Income in Q4 2021– Highest quarterly recurring EBIT since 2017 III. Positive quarterly (EUR 1.2 mn) and annual (EUR 1.5 mn) EBIT in ITS –
Slide 5: Results of Company turnaround
Results of Company turnaround Group financial performance (recurring figures; EUR mn)1 EBIT Net Income Net leverage ratio Net indebtedness 300 279 8 26 30 27 250 232 241 21 21 210 211 17 18 200 191 11 12 9 4.3 2 150 3.1 3.3 3.1 3.3 123 122 4 2.8 100 1.6 -2 2 50 2.2 -14 -11 -15 -23 0 0 2014 2015 2016
Slide 6: Effects of the geopolitical tension on Waberer's operation
Effects of the geopolitical tension on Waberer’s operation effects Direct • Ukraine, Russia & Belarus is not in the focus of Waberer’s Negligible operational strategy (<0.2% of annual revenue) Indirect effects • Difficulties at customers’ supply chain processes • Availability of current and potentia
Slide 7: Effects of fuel price and fuel availability on Waberer's operation
Effects of fuel price and fuel availability on Waberer’s operation Fuel price trend in the last 12 months (EUR/L) 1.4 1.3 1.2 1.1 1 0.9 0.8 01.03. 01.04. 01.05. 01.06. 01.07. 01.08. 01.09. 01.10. 01.11. 01.12. 01.01. 01.02. 01.03. 01.04. Fuel price volatility Access to fuel in Hungary Access to fuel
Slide 8: Agenda
Agenda | Performance on Group level and effects of geopolitical tensions & fuel price | Group Finances & Expectations for 2022 |8
Slide 9: Group Results
Group Results Group Revenue (EUR mn) • 4% annual revenue increase compared to 2020 • Group recurring EBIT +4% • reached EUR 8.3 mn in Q421 – Highest value since Q3 569 591 2017 • reached EUR 27.2 mn in 2021 – Highest value since 2017 +5% • Group recurring Net Income 143 151 • reached EUR 5.9 mn in Q
Slide 10: Segment results
Segment results ITS ▪ Positive operational result in ITS (EUR mn) ▪ Positive, EUR 1.2 mn EBIT in the quarter despite holiday +4% 107% season 130% ▪ EUR 1.5 mn EBIT annually 331 345 1.2 1.5 ▪ Stable revenue while decrease on EBIT line in RCL segment +10% ▪ QuarterlyEBIT decrease due to temporary dema
Slide 11: Income statement
Income statement Group selected income statement items (IFRS 16 (1), EUR mn) 2021 2020 Better/(worse) 2021 2020 Better/(worse) Q4 Q4 (%) (%) Revenue 150.7 143.0 5.4% 590.8 569.3 3.8% Direct Costs (1) (118.9) (111.1) (7.0%) (464.6) (458.0) (1.4%) Gross profit (recurring) 31.9 32.0 (0.2%) 126.3 111.3
Slide 12: Group Balance Sheet and Cash Flow
Group Balance Sheet and Cash Flow Selected balance sheet items (unaudited IFRS, EUR mn) 31 December 2021 31 December 2020 Total Non-current Assets 335.2 324.0 Total Current Assets 180.5 174.9 Total Assets 515.7 499.0 Total Shareholder's Equity 68.8 56.4 Total Current Liabilities 209.8 218.2 Total Lo
Slide 13: Expectation for 2022
Expectation for 2022 Annual effects 2021 EBIT One-time One-time Minimal wage Tax change of Wage Operational Price 2022 EBIT effects in cost of fleet increase driver wages increase & cost savings increases & 2021 replacement cost inflation efficiency speed-ep improvements Quarterly distribution of EB
Slide 14: 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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