Waberer's International Nyrt. · BET:WABERERS
Waberer's International Nyrt — Q2 2021 Earnings Presentation
14 slides from Waberer's International Nyrt's earnings presentation, Aug 9, 2021
Slide 1: Q2 2021 Results Presentation
Q2 2021 Results Presentation WABERER’S INTERNATIONAL Nyrt. Budapest, 9 August 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 | Results of Turnaround on Group level and on ITS segment level | Group Finances & Business development projects |3
Slide 4: Key messages
Key messages I. Successful company turnaround continues – 4th consecutive positive and Q-by-Q growing recurring EBIT II. Positive reported Group EBIT (EUR 7.7 mn) and Net Income (EUR 6.1 mn) – Highest values since 2017 III. Positive reported quarterly ITS EBIT (EUR 0.7 mn)– Focus on long term stabil
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 H1: EUR 12.2 mn 7.7 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 Group net indebt
Slide 6: Status of ITS turnaround & effect of oil price change
Status of ITS turnaround & effect of oil price change Recurring EBIT – Total ITS (EUR mn) +7.8 0.7 -1.9 -4.2 -4.4 -4.1 -5.1 -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 Profitability vs. oil price trend 6 64 68 69 80 62 62 61 4 51 60 43 45 5.1% 2 34 3.2% 40 -0.4% 0
Slide 7: Agenda
Agenda | Results of Turnaround on Group level and on ITS segment level | Group Finances & Business development projects |7
Slide 8: Group Results
Group Results Group Revenue (EUR mn) • Slight Group revenue increase compared to last quarter and increase by 30% compared to Q2 2020 as result of the +30% +5% recovery from pandemic related lockdowns 150 • Group recurring EBIT 142 • reached EUR 7.7 mn - highest value since Q3 2017 116 • increased b
Slide 9: Segment results
Segment results ITS Positive operational result in ITS (EUR mn) Positive, EUR 0.7 mn EBIT in the quarter +110% +138% Revenue increase as a result of improving efficiency and +40% +7% external environment 81 88 0.7 Stable revenue & impressive Y-o-Y EBIT improvement in RCL 63 Stable operatio
Slide 10: Income statement
Income statement Group selected income statement items (IFRS 16 (1), EUR mn) 2021 2021 Better/(worse) 2020 Better/(worse) Q2 Q1 (%) Q2 (%) Revenue 150.0 142.3 5.4% 115.5 29.8% Direct Costs (1) (117.3) (112.4) -4.4% (94.0) -24.8% Gross profit (recurring) 32.6 29.9 9.2% 21.5 52% OPEX(1) (13.0) (13.3)
Slide 11: Group Balance Sheet and Cash Flow
Group Balance Sheet and Cash Flow Selected balance sheet items (unaudited IFRS, EUR mn) 30 June 2021 31 March 2021 30 June 2020 Total Non-current Assets 327.7 321.6 359.9 Total Current Assets 184.3 176.3 161.9 Total Assets 511.9 497.9 521.9 Total Shareholder's Equity 66.4 58.7 81.8 Total Current Lia
Slide 12: Status update on Business Development for future growth – I.
Status update on Business Development for future growth – I. Value added services with Decrease carbon footprint of higher margin instead of price Optimisation of operational costs Waberer’s service portfolio based competition 50 k sq m own warehouse to be built in 2022 – 2023 Own warehouse Increase
Slide 13: Status update on Business Development for future growth – II.
Status update on Business Development for future growth – II. Value added services with Decrease carbon footprint of higher margin instead of price Optimisation of operational costs Waberer’s service portfolio based competition Alternative fuel vehicles 12-month live tests launched for • LNG (Compre
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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