Montana Aerospace Ag · SIX:AERO
Montana Aerospace — Investor Presentation (February 2025)
23 slides from Montana Aerospace's investor presentation, February 2025
Slide 1: Company Presentation 2025
Company Presentation 2025
Slide 2: Representatives with profound and long-lasting experience
Representatives with profound and long-lasting experience Tom Williams Michael Tojner Kai Arndt Michael Pistauer Vicky Welvaert Co-Board President Co-Board President Co-CEO Co-CEO & CFO Group HRO Christian Hosp Markus Vischer Member Member Helmut Wieser Member Aerostructures Energy Global HR, Market
Slide 3: Montana Aerospace tops sales growth table 2022 as fastest growing Aerospace player
“Montana Aerospace tops sales growth table 2022 as fastest growing Aerospace player” - Flight International Top 100 Ranking, Aug 2023 3
Slide 4: Game changer in the aerospace supply chain
GAME CHANGER IN THE AEROSPACE SUPPLY CHAIN A FULLY INTEGRATED VALUE CHAIN (&) HIGH MATERIAL COMPETENCE BEST-COST-COUNTRY MANUFACTURING FOOTPRINT INNOVATIVE PRODUCT DESIGN BACKED BY OWN IP t ESG DEEPLY INTEGRATED IN OUR BUSINESS MODEL E ITIOUS SUSTAINABILITY GOALS
Slide 5: We are mission-critical in two key segments
WE ARE MISSION-CRITICAL IN TWO KEY SEGMENTS: AEROSTRUCTURES “MISSION-CRITICAL AEROSTRUCTURES FOR EVERY AIRCRAFT IN THE SKY” ENERGY “POWERING GREEN INNOVATION TO DRIVE THE ENERGY TRANSITION”
Slide 6: Market leader in system-critical components for the energy infrastructure
We are market leader in the production of system-critical components for the energy infrastructure. Montana Aerospace specializes in copper processing and has strong expertise in copper refinement and insulation systems. ~4% ~5% 643 ~2% 567 Continously Roebelbars Special 480 EBITDA-margin ~3% Transp
Slide 7: Important partner for leading aircraft manufacturers
We are an important partner for leading aircraft manufacturers. Montana Aerospace‘s core competencies include the development and manufacturing of mission-critical aircraft parts. Our product portfolio ranges from structural components for fuselage, wings and landing gear – with more than 20 meters
Slide 8: Example of Boeing 737 Max and A320 exposure
Note: Example of Boeing 737 Max and A320 exposure 8
Slide 9: Aircraft programme exposure and contracted shipset value
Narrowbody Military (Transportation) Narrowbody Widebody A400M 737 777/777X A220 MAX A320 787 A321 = Contracted shipset value x 747 Duration of contract Widebody ~€ 3.9 billion 2021 >€7.5bn (most of contracts single A330 eo 2023 source/exclusive supplier) x MAAG build rate assumptions 767 A350 (=OEM
Slide 10: Providing major cost-, time- and ESG-advantages
Providing major cost-, time- and ESG -advantages Raw Al/Ti Billet Surface Sub Final Material Machining OEM Smelter Casting Treatment Assembly Assembly Production Non-integrated Supplier 1 Supplier 2 Supplier 3 Supplier 4 Supplier 5 Tier 1 OEM A350 Ti Seat Track Margin Costs: share: 17,000 km 60-70 w
Slide 11: Exemplary customer list
9 Note: Exemplary list only 11
Slide 12: Serving an international customer base
Serving an international customer base ~1,600 ~4,000 ~1,300 Spirit Award 2022 Vancouver Stillwater Zaventem Gedern Baia Mare Dumbravita Persan Da Baoying Nang Vadodara Canton Ball BallGround Ground Oed Cazin Baoying Airbus Best Performer Award 2020 Clearwater / Cerquilho Wichita Tres Coracoes Hundre
Slide 13: 13
13
Slide 14: Organic and M&A projects on track
Expansion of capacities and ramp-up of new capabilities (e.g. Titanium, Organic Projects Composite) Capacity expansion ✓ and efficiency on track improvements (e.g. 3rd Heavy Press) Strategic acquisitions M&A Projects Additional M&A targets ✓ on track to further consolidate supply chain 14
Slide 15: Three major growth investment projects in best-cost countries
Three major exemplary growth investment projects in best-cost countries EUR ~170m investment 2018-2023 EUR ~110m investment 2019-2023 EUR ~50m investment 2021-2023 ~850 employees as of Dec23 ~ 900 employees as of Dec23 ~300 employees as of Dec23 80,000m2 under roof 40,000m2 under roof 13,400m2 under
Slide 16: Global footprint strengthened by capex projects
GLOBAL FOOTPRINT STRENGTHENED BY CAPEX PROJECTS A Greenfield investments
Slide 17: Organic and M&A projects on track
Expansion of capacities and ramp-up of new capabilities ✓ (e.g. Titanium, Composite) Organic Projects Capacity expansion and efficiency on track improvements (e.g. 3rd Heavy Press) Strategic acquisitions M&A Projects Additional M&A ✓ targets to further on track consolidate supply chain 17
Slide 18: Executing and delivering M&A transactions as promised
Executing and delivering M&A transactions as promised − Montana Aerospace − Montana Aerospace − Montana signs takeover of announces closing of Aerospace ASCO Industries – a takeover of ASCO divests majority leading supplier of industries share of Alpine high-end Metal Tech components and (AMT), its
Slide 19: FLY
-1v a FLY
Slide 20: Financials in €m
in €m 2022 2023 Note: (1) FCF = Free Cash Flow 20
Slide 21: Outlook
Sales increase to >EUR 1.5bn Adj. EBITDA growth to ~EUR 165M Positive Free Cash Flow Positive Net Income (cont. operation) Sales increase to >EUR 1.6bn Adj. EBITDA growth to >EUR 200M 21
Slide 22: Disclaimer
THIS PRESENTATION AND ITS CONTENTS ARE CONFIDENTIAL AND ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN, NEW ZEALAND OR ANY JURISDICTION WHERE SUCH DISTRIBUTION IS UNLAWFUL. This
Slide 23: Company Presentation
Company Presentation 2025
Montana Aerospace — Investor Presentation (February 2025) on 6ix