Jacquet Metals Sa · EURONEXT:JCQ
Jacquet Metals Sa — Lyon Pôle Bourse Forum 2024
16 slides from Jacquet Metals Sa's conference presentation, Sep 24, 2024
Slide 1: A major player in the distribution of special metals
A major player in the distribution of special metals Lyon Pôle Bourse Forum – September 24th, 2024
Slide 2: Annexes
Annexes 1. A major player in the distribution of special metals
Slide 3: Group overview
Group overview Sales LTM : €2.0bn 3,353 employees - 124 distribution centers - 24 countries Worldwide footprint Sales breakdown * North America 7% Germany 35% Outside Europe 2% Other Europe 25% France 10% The Netherlands 7% Italy 7% Spain 7% * As of June 30, 2024
Slide 4: Added value
Added value Suppliers JACQUET METALS Customers 20 suppliers: ± 50% of purchases Purchase prices 60,000 customers Delivery time: 2 to 12 months Storage of special metals Average invoice < €3,000 Managing price fluctuations Delivery time ± 1 week Finishing services
Slide 5: Special metals
Special metals
Slide 6: 3 divisions
3 divisions Sales breakdown * JACQUET STAPPERT IMS group Outside Europe 5% Germany 41% Outside Germany 43% North Europe 2% Outside Other America 30% Europe Europe 22% 1% €450m €550m Other €1,000m Europe Spain 19% 6% France 12% Germany Other France 6% The Italy 8% Europe 44% 11% Netherlands 6% The Sp
Slide 7: Sectors
Sectors Stainless steel Engineering metals JACQUET STAPPERT IMS group Quarto plates Long products Chemistry Fabricated metal products Agri-food industry Machinery & equipment Gas treatment and storage Transportation Pharmaceutical industry Energy (wind turbines, etc.) Environment Energy
Slide 8: CSR – zoom on environmental responsibility
CSR – zoom on environmental responsibility Carbon footprint Drachten, Pays-Bas Recycling and circular economy 75% of Group’s supplies come from recycled steels (manufacturing process with electricity) Systematic recovery and recycling of metal scraps and consumables
Slide 9: First half 2024: low demand, pressure on prices and gross margins
First half 2024: low demand, pressure on prices and gross margins Key figures Volumes sold -5.8% vs H1.23 Sales €1,074m / -15.5% vs H1.23 EBITDA €39m / 3.6% Operating cash-flow €136m Gearing 21% vs 31% 2023 year-end Development CAPEX €28m including the acquisition of a site in Bologna (Italy) operat
Slide 10: Capital expenditures: Projects 2024 – 2026
Capital expenditures Projects 2024 – 2026 Italy (Bologna) Germany (Stuttgart) Acquisition 2024 - In operation Operational from 2024 Canada (Toronto) États-Unis (Chicago) Operational from 2026 Operational from 2026
Slide 11: External growth: 2024 acquisition
External growth 2024 acquisition Aluminium distribution €31m of sales 4 distribution centers in Italy (Modena, Milan, Turin, Padua)
Slide 12: Annexes: H1 2024 financials
Annexes 2. H1 2024 financials
Slide 13: Results H1 2024
Results H1 2024 Sales Gross margin In €m -5.8% -14.8% +5.1% In €m 285 225 * In % of sales 22.4% 20.9% * Acquisitions : Cometal Metallhalbzeuge (June 2023), 11 distribution centers in Central and Eastern Europe H1.23 H1.24 (October 2023), SISO (December 2023), Commerciale Fond (March 2024) OPEX EBITD
Slide 14: Cash-flow / Balance sheet as of June 30, 2024
Cash-flow / Balance sheet as of June 30, 2024 Operating cash-flow +€136m Gearing 20.7% In €m Operating cash-flow +€136m Non-current assets (incl. goodwill €70m 313 and real estate €158m) In €m 676 Shareholders’ equity Net operating WCR (of which inventories: €612m) 583 140 Net debt Provisions, provi
Slide 15: Borrowings as of June 30, 2024
Borrowings as of June 30, 2024 The Group has €404m in cash and €978m in lines of credit of which 56% is used. All borrowings covenants were in compliance. Maturity Authorized Used at 2025- 2027- 2029 and In €m % used 2024 at 30.06.2024 30.06.2024 2026 2028 beyond Syndicated revolving 2026 160 - 0% -
Slide 16: Euronext Paris ISIN: FR0000033904
Euronext Paris ISIN : FR0000033904