Slide 1: H1 2021 Results IR Conference Call
H1 2021 RESULTS IR Conference Call August 11, 2021
Slide 2: Agenda
Agenda Highlights Financials Outlook 2
Slide 3: First six months 2021 show significant increase in the order book and key financials
First six months 2021 show significant increase in the order book and key financials EUR 442 million EUR 45 million Net revenue Adj. EBITDA +23 % compared to H1 2020 +33 % compared to H1 2020 10.1 % 31.2 % Return on Capital Employed Adj. EBITDA margin Compared to 21.6 % in Compared to 9.4 % in H1 20
Slide 4: Key topics H1 2021
Key topics H1 2021 Cash flow remains strong and supports ongoing investments in capacity expansions Forced to adjust production due to a lack of raw materials or parts from suppliers in Q2 2021 Very positive response to new products presented at the Knaus Tabbert dealer conference 2021 Presentation
Slide 5: Record order backlog of EUR 1.2 billion driven by sustainable high demand and dealer restocking
Record order backlog of EUR 1.2 billion driven by sustainable high demand and dealer restocking ORDER BACKLOG AS OF JUNE 30, 2021 1.400 75.000 1.183 1.200 65.000 1.000 55.000 800 45.000 656 624 572 36.686 600 35.000 411 395 417 400 302 307 22.327 25.000 274 18.736 18.860 200 13.834 13.072 12.754 15.
Slide 6: We will foster our digital business model – increased bookings via rentandtravel.de or app
We will foster our digital business model – increased bookings via www.rentandtravel.de or the RENT AND TRAVEL APP Monthly order Intake 2019 - 2021 in number of bookings 10.839 9.262 8.552 7.374 6.624 6.532 5.254 5.252 5.539 5.402 4.022 4.206 2.840 2.458 2.029 1.632 1.258 937 Jan Feb Mrz Apr Mai Jun
Slide 7: Open Dealer Days - A wide-reaching multimedia campaign in June 2021
OPEN DEALER DAYS - A wide-reaching multimedia campaign in June 2021 The objective of the campaign Connect the holiday form caravanning with our brands, our dealers and potential customers! PLANNED OUTREACH EFFECTIVE REACH 110 Million Views 138 Million Views Online / Social Media Online / Social Medi
Slide 8: Innovation Leadership - Motorhomes and caravans of the future
INNOVATION LEADERSHIP - Motorhomes and caravans of the future Under the slogan „New Horizons“, Knaus Tabbert presents the future of caravanning and the highlights of tomorrow at this years dealer trade conference in July. Fully electrical camper with range extender E-Power Unit On-Board- Connect
Slide 9: Agenda
Agenda Highlights Financials Outlook 9
Slide 10: All key figures improved in H1 2021
All key figures improved in H1 2021 in EUR mill. H1 Q2 2020 2021 2020 2021 Net revenue 359,3 441,6 22,9% 140,5 202,6 44,2% Premium 307,6 382,0 24,2% 117,8 178,2 51,3% Luxury 51,7 59,6 15,1% 22,8 24,5 7,6% Gross revenue 359,3 464,6 29,3% 138,4 214,2 54,8% Adj. EBITDA1) 33,6 44,7 33,0% 10,6 16,6 57,0%
Slide 11: High demand and increased capacity utilization continues
High demand and increased capacity utilization continues Revenue per Revenue split per Units per product segment product category category (EUR m) (EUR m) 13,682 441.6 11,072 10,9 359.3 59,6 3.008 117,5 9,7 51,7 2.061 72,5 3.142 3.095 188,3 382,0 179,3 307,6 7.532 5.916 124,9 97,9 H1 2020 H1 2021 H1
Slide 12: Profitability on track - EBITDA improved disproportionately in the first half 2021
Profitability on track - EBITDA improved disproportionately in the first half 2021 Adj. EBITDA1) and margin evolution Gross Profit2) and margin (EUR m) (EUR m) 9,4% 10,1% 32,1% 33,2% 33,0% 44,7 146,5 33,6 115,5 H1 2020 H1 2021 H1 2020 H1 2021 1) ) Adjustments in H1 2021 for extraordinary expenses fo
Slide 13: Cash flow remains strong and supports ongoing investments in capacity expansions
Cash flow remains strong and supports ongoing investments in capacity expansions Operating Cash Flow Net debt development (EUR m) (EUR m) 82.4 43.5 9,4 8,8 -7,3 -3,9 -40,4 -75,5 -8,0 Ratio 0.6 -9,0 June 30, 2020 June 30, 2021 Ratio 1.4 Non-current financial debt Current financial debt Other financia
Slide 14: Agenda
Agenda Highlights Financials Outlook 14
Slide 15: Outlook 2021 confirmed
Outlook 2021 confirmed Sales expected to rise 20-22 percent in 2021 – With current expectation rather at the lower end of the range. Adj. EBITDA Margin expected to be at around the prior-year level of more than 8 percent despite anticipated rising material cost and start-up costs caused by the stron
Slide 16: Disclaimer
Disclaimer This presentation and the information contained herein are for information purposes only and should not be treated as investment advice or recommendation. It is not, and nothing in it should be construed as an offer for sale, or as a solicitation of an offer to purchase or subscribe to, a