Waberer's International Nyrt. · BET:WABERERS
Waberer's International Nyrt — Q3 2021 Earnings Presentation
15 slides from Waberer's International Nyrt's earnings presentation, Nov 8, 2021
Slide 1: Q3 2021 Results Presentation
Q3 2021 Results Presentation WABERER’S INTERNATIONAL Nyrt. Budapest, 8 November 2021
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 on ITS segment level | Group Finances & Business development projects |3
Slide 4: Key messages
Key messages I. Positive Group and segment level operation stabilized – 2nd consecutive quarter with positive performance in all segments II. EUR 6.6 million EBIT and EUR 3.3 million Net Income in Q3 2021– EUR 5.4 million Y-o- Y EBIT and EUR 4.5 million Y-o-Y Net Income growth III. Further EBIT impr
Slide 5: Results of Company turnaround
Results of Company turnaround Group recurring EBIT (EUR mn)1 2018: EUR – 1.3 mn 2019: EUR – 11.0 mn 2020: EUR 2.1 mn 2021 YTD: EUR 18.9 mn 7.7 6.6 3.3 3.5 4.5 3.2 0.7 0.1 1.2 -1.7 -0.6 -2.7 -2.7 -5.9 -8.6 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Group
Slide 6: Status of ITS turnaround & ITS HU increasing efficiency
Status of ITS turnaround & ITS HU increasing efficiency Recurring EBIT – Total ITS (EUR mn) 2019: EUR – 24.3 mn 2020: EUR -20.9 mn 2021 YTD: EUR 0.2 mn 0.7 1.4 -1.9 -4.2 -5.1 -4.4 -4.1 -5.3 -6.5 -7.1 -8.5 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Increasing efficiency of ITS
Slide 7: Relaunch of fleet replacement program
Relaunch of fleet replacement program Goal of truck replacement program Continuous fleet replacement is essential to • Decrease operational cost level; • Keep competitiveness; • Decrease carbon footprint; • Keep reliable purchaser image at partners; • Improve brand value. Expected truck replacements
Slide 8: Current external operational challenges
Current external operational challenges Risk Risks Segment Segment Actions Actions Long term effect Long-term effect • Reallocation of fleet among • Challenges expected in coming ITS, partners months however potential Component RCL • Real-time harmonization for relocation of component production sho
Slide 9: Agenda
Agenda | Results of Turnaround on Group level and on ITS segment level | Group Finances & Business development projects |9
Slide 10: Group Results
Group Results Group Revenue (EUR mn) • 8% revenue increase compared to Q3 ’20 mostly driven by ITS segment increase +8% -1% • Group recurring EBIT 150 148 • reached EUR 6.6 mn – second highest value since Q3 137 2017 • increased by EUR 5.4 mn compared to Q3 ’20 • Group recurring Net Income • reached
Slide 11: Segment results
Segment results ITS Positive operational result in ITS (EUR mn) Positive, EUR 1.4 mn EBIT in the quarter +126% +100% Revenue & EBIT improvement due to better net price +14% -2% level despite seasonal challenges 88 86 1.4 76 0.7 Stable revenue while decrease on EBIT line in RCL segment Reve
Slide 12: Income statement
Income statement Group selected income statement items (IFRS 16 (1), EUR mn) 2021 2021 Better/(worse) 2020 Better/(worse) Q3 Q2 (%) Q3 (%) Revenue 147.8 150.0 (1.4%) 137.0 7.9% Direct Costs (1) (116.5) (117.3) 0.7% (108.6) (7.3%) Gross profit (recurring) 31.3 32.6 (4.0%) 28.4 10.2% OPEX(1) (12.8) (1
Slide 13: 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 December 2020 2021 2020 Total Non-current Assets 322.9 324.0 345.2 Total Current Assets 172.5 174.9 164.2 Total Assets 495.4 499.0 509.4 Total Shareholder's Equity 67.7 56.4 76.7 Tota
Slide 14: Update on business development projects
Update on business development projects Intermodal service Testing alternative vehicles Regional expansion -90% CO2 • Ongoing tests in the RCL • Market analysis executed segments with our strategic partners • Priority countries selected (VOLVO & Renault): • Priority 1: Serbia Value added services fo
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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