Voestalpine Ag · VIE:VOE
Voestalpine — Q1 BY 2021/22 Earnings Presentation
15 slides from Voestalpine's earnings presentation, August 2021
Slide 1: Business Year 2021/22 1st Quarter
BUSINESS YEAR 2021/22 1 QUARTER st Investor Relations AUGUST 2021 voestalpine AG www.voestalpine.com
Slide 2: Business Environment Q1 BY 2021/22
voestalpine GROUP BUSINESS ENVIRONMENT Q1 BY 2021/22 » Ongoing demand recovery in Europe and North America in the course of the re-opening of the economy » Brazil and China prolonged the solid economic development of last business year also in Q1 BY 2021/22 » Automotive production faced hick-ups fro
Slide 3: Development of Divisions Q1 BY 2021/22
DEVELOPMENT OF DIVISIONS Q1 BY 2021/22 voestalpine AG 3 | August 2021 | Investor Relations
Slide 4: Steel Division Business Development
STEEL DIVISION BUSINESS DEVELOPMENT Q1 BY 2021/22 » Unchanged strong demand in European steel Q1 Q2 Q3 Q4 Q1 Delta €m market 20/21 20/21 20/21 20/21 21/22 in % » Hick-ups in European automotive production Revenue 835 996 1,126 1,260 1,322 58.3 compensated by other market-segments » Steel production
Slide 5: High Performance Metals Division Business Development
HIGH PERFORMANCE METALS DIVISION BUSINESS DEVELOPMENT Q1 BY 2020/21 » Tool Steel Q1 Q2 Q3 Q4 Q1 Delta €m » Prolonged uptrend in tool steel business in Europe and 20/21 20/21 20/21 20/21 21/22 in % North America, China and Brazil continued the solid demand trends Revenue 527 534 572 666 704 33.5 » Sp
Slide 6: Metal Engineering Division Business Development
METAL ENGINEERING DIVISION BUSINESS DEVELOPMENT Q1 BY 2020/21 » Continued solid development of Railway Systems, seasonal uptick in Q1 BY 2021/22 €m Q1 Q2 Q3 Q4 Q1 Delta 20/21 20/21 20/21 20/21 21/22 in % » Prolonged recovery of Wire Technology, so far no distortion from semiconductor chip shortages
Slide 7: Metal Forming Division Business Development
METAL FORMING DIVISION BUSINESS DEVELOPMENT Q1 BY 2020/21 » Automotive Components facing demand distortions from semiconductor shortage, predominantly in Europe €m Q1 Q2 Q3 Q4 Q1 Delta 20/21 20/21 20/21 20/21 21/22 in % » Tubes & Sections: continued strong demand from solar, commercial vehicle and s
Slide 8: Financial Overview Q1 BY 2021/22
FINANCIAL OVERVIEW Q1 BY 2021/22 voestalpine AG 8 | August 2021 | Investor Relations
Slide 9: Financial Overview
voestalpine GROUP FINANCIAL OVERVIEW Q1 BY 2020/21 Q1 BY 2021/22 Delta 2020/04/01-2020/06/30 2021/04/01-2021/06/30 % Revenue 2,397 3,490 45.6 EBITDA 158 540 242.0 EBITDA margin 6.6 % 15.5 % EBIT -49 340 EBIT margin -2.0 % 9.7 % Profit before tax -74 319 Profit after tax* -70 259 EPS – earnings per s
Slide 10: Development EBITDA
voestalpine GROUP DEVELOPMENT EBITDA Q1 BY 2021/22 275 540 -50 294 -137 EBITDA- margin 158 15.5 % EBITDA- margin 6.6 % Q1 BY Price Raw Mix/ Misc. Q1 BY 2020/21 Materials Volume 2021/22 In millions of euros voestalpine AG 10 | August 2021 | Investor Relations
Slide 11: Development Cash Flow
voestalpine GROUP DEVELOPMENT CASH FLOW Q1 BY 2020/21 Q1 BY 2021/22 2020/04/01-2020/06/30 2021/04/01-2021/06/30 Cash flow from results 124 480 Changes in working capital -158 -208 Cash flow from operating activities -34 272 Cash flow from investing activities -162 -145 Free cash flow -196 127 In mil
Slide 12: Development Gearing Ratio
voestalpine GROUP DEVELOPEMENT GEARING RATIO 6,710 6,554 6,060 5,971 5,652 5,615 5,650 5,262 5,075 5,115 4,289 4,263 4,691 4,836 4,262 83% 88% 3,572 3,775 3,762 71% 2,713 2,978 3,221 2,743 2,882 3,037 2,586 3,080 2,995 3,125 67% 1,786 2,547 58% 2,259 2,421 58% 2,617 54% 55% 53% 2,125 47% 1,853 46% 4
Slide 13: Liquidity and Redemption Schedule
voestalpine GROUP LIQUIDITY AND REDEMPTION SCHEDULE Liquidity Redemption 2,334 1,080 Committed lines -615 -79 312 Financial assets -407 942 Cash -985 Q1 BY 2021/22 2021/22 2022/23 2023/24 2024/25 In millions of euros as of 2021/06/30 voestalpine AG 13 | August 2021 | Investor Relations
Slide 14: Outlook BY 2021/22
voestalpine GROUP OUTLOOK BY 2021/22 » Recent economic forecasts improved despite rising COVID-19 infections in Europe » Ongoing recovery from re-opening of the economy (service sectors) in Europe and North America anticipated, China and Brazil still on solid levels » Current positive demand trends
Slide 15: Investor Relations
INVESTOR RELATIONS Peter Fleischer Gerald Resch T. +43/50304/15-9949 T. +43/50304/15-3152 peter.fleischer@voestalpine.com gerald.resch@voestalpine.com voestalpine AG www.voestalpine.com