Salzgitter Ag · XETR:SZG
Salzgitter — Q1 2021 Earnings Presentation
14 slides from Salzgitter's earnings presentation, May 12, 2021
Slide 1: Results of the first quarter 2021
Results of the first quarter 2021 SZAG Investor Relations english Salzgitter, May 12, 2021
Slide 2: Key data per 2021/03/31
Financials Key data per 2021/03/31 Q1 2021 Q1 2020 Δ Crude steel production kt 1,644.5 1,681.5 -37.0 External sales1 € million 2,094.1 2,108.3 -14.2 Earnings before tax € million 117.3 -31.4 148.7 Earnings after tax € million 76.6 -43.7 120.3 Earnings per share (undiluted) € 1.38 -0.83 2.21 ROCE % 1
Slide 3: Income statement
Financials Income statement Income Statement (€ million) Q1 2021 Q1 2020 Sales 2,094.1 2,108.3 Increase/decrease in finished goods and work in process/other own work capitalized -18.2 -36.5 2,075.9 2,071.8 Other operating income 114.8 90.1 Cost of materials 1,333.1 1,378.8 Personnel expenses 424.3 4
Slide 4: Consolidated balance sheet: Assets
Financials Consolidated balance sheet Assets (€ million) 31.03.2021 31.12.2020 Δ Non-current assets 4,205.8 4,244.5 -38.7 Intangible assets, property, plant and equipment 2,423.5 2,423.6 -0.1 Investment property 81.1 81.5 -0.4 Financial assets 55.1 54.6 0.5 Investments accounted for using the equity
Slide 5: Consolidated balance sheet: Equity and liabilities
Financials Consolidated balance sheet Equity and liabilities (€ million) 31.03.2021 31.12.2020 Δ Equity 2,834.6 2,678.9 155.8 Subscribed capital 161.6 161.6 0.0 Capital reserve 257.0 257.0 0.0 Retained earnings 2,750.4 2,594.5 155.9 Other reserves 24.5 26.4 -1.9 Unappropriated retained earnings 0.0
Slide 6: Cash flow statement
Financials Cash flow statement (€ million) Q1 2021 Q1 2020 Δ Cash and cash equivalents at the start of the period 621.4 700.5 -79.1 Cash flow from operating activities 108.8 -142.8 251.6 Cash flow from investment activities -122.7 -94.7 -27.9 Cash flow from financial activities -34.9 3.6 -38.5 Chang
Slide 7: Strip Steel
Financials Strip Steel Business Unit Q1 2021 Q1 2020 Δ External sales € million 606.4 566.2 40.2 Order bookings kt 1,187.6 1,193.1 -5.4 Order backlog1 kt 1,078.4 917.8 160.6 EBITDA € million 78.0 34.6 43.3 EBT € million 43.1 -6.8 49.9 Core workforce1 6,010 6,113 -103 SZAG Investor Relations External
Slide 8: Plate / Section Steel
Financials Plate / Section Steel Business Unit Q1 2021 Q1 2020 Δ External sales € million 214.4 194.5 19.9 Order bookings kt 525.1 583.8 -58.7 Order backlog1 kt 408.1 369.4 38.7 EBITDA € million -12.4 2.2 -14.6 EBT € million -21.0 -4.2 -16.9 Core workforce1 2,260 2,353 -93 SZAG Investor Relations Sa
Slide 9: Mannesmann
Financials Mannesmann Business Unit Q1 2021 Q1 2020 Δ External sales € million 256.6 295.9 -39.3 Order bookings € million 412.7 319.5 93.1 Order backlog1 € million 448.3 402.3 45.9 EBITDA € million 8.1 10.5 -2.4 EBT € million -7.5 -4.6 -2.9 Core workforce1 4,317 4,609 -292 SZAG Investor Relations Po
Slide 10: Trading
Financials Trading Business Unit Q1 2021 Q1 2020 Δ External sales € million 673.3 703.4 -30.1 Shipments kt 888.0 977.5 -89.5 EBITDA € million 48.1 5.8 42.3 EBT € million 44.7 0.3 44.4 Core workforce1 1,931 2,036 -105 SZAG Investor Relations Price increases combined with favorable procurement prices
Slide 11: Technology
Financials Technology Business Unit Q1 2021 Q1 2020 Δ External sales € million 300.9 310.3 -9.4 Order bookings kt 358.0 337.3 20.7 Order backlog1 kt 734.3 739.3 -5.0 EBITDA € million 31.8 12.6 19.3 EBT € million 25.0 5.2 19.8 Core workforce1 5,353 5,568 -215 SZAG Investor Relations KHS Group exceede
Slide 12: Industrial Participations / Consolidation
Financials Industrial Participations / Consolidation Q1 2021 Q1 2020 Δ External sales € million 42.5 38.0 4.5 EBITDA € million 49.2 -8.5 57.7 EBT € million 33.0 -21.3 54.4 Core workforce1 2,604 2,629 -25 SZAG Investor Relations Pre-tax profit includes a contribution of € 42.5 million from the partic
Slide 13: Guidance: Business Units Forecast
Guidance Business Units – Forecast Strip Steel Plate / Section Steel Mannesmann Trading Technology fully utilized capacity plate: general trend reversal large-diameter pipes: exceptionally good earnings KHS Group: sustained good currently not foreseeable demand remains insufficient situati
Slide 14: Guidance: Salzgitter Group
Guidance Salzgitter Group – Guidance In view of the good start to the year and the dynamic increase in rolled steel prices – nevertheless also with explicit reference to the still imminent risk of the coronavirus pandemic – we now anticipate the following for the Salzgitter Group in the financial ye