Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — Q1 2019 Earnings Presentation
13 slides from Manitou Bf Sa's earnings presentation, Apr 25, 2019
Slide 1: Q1 2019 Revenues
Q1 2019 Revenues Michel Denis Hervé Rochet Présentation I Auteur I Date Confidentiel I Publique I Restreint 1
Slide 2: Disclaimer
Disclaimer This presentation includes only summary information and does not in any way purport to be comprehensive. None of the Company or any of its affiliates, directors, officers, advisors and employees accepts any obligation, liability, claim or remedy for any loss arising from any use of these
Slide 3: Highlights
Highlights ■ Q1’19 revenues of €562m, +22% vs. Q1’18, +20% like for like* ■ Q1’19 order intake on equipment of €363m vs. €554m in Q1’18 ■ End of Q1’19 order book on equipment at €884m vs. €870m in Q1’18 ■ High production rates maintained to shorten delivery times ■ Launch of the machines connected t
Slide 4: Q1 Revenue matrix
Q1 Revenue matrix MHA : Material Handling & Access Faster-growing boxes (vs.avg) shown in green CEP : Compact Equipment Products S&S : Services & Solutions Net sales Q1 2019 I April 25, 2019 Public 4
Slide 5: Evolution vs. 2018
Evolution vs. 2018 Net sales Q1 2019 I April 25, 2019 Public 5
Slide 6: Evolution vs. 2018
Evolution vs. 2018 * at constant exchange rates : definition in appendix Net sales Q1 2019 I April 25, 2019 Public 6
Slide 7: Order intake & order book on equipment
Order intake & order book on equipment Reduction of the expected order book started Net sales Q1 2019 I April 25, 2019 Public 7
Slide 8: Highlights
Highlights ■ Presentation of the new range of articulated loaders at Salon LAMMA - UK ■ Introduction of the RT105 compact truck at the World Concrete of Las Vegas ■ A SIMA - France edition focused on connected machines and a series of articulated loaders under the Manitou brand ■ Launch of OXYGEN, t
Slide 9: MHA operational review
MHA operational review ■ Good performance of the rental companies ■ Record level of production ■ Maintaining high production rates ■ Impact of the depth of the order book on price increases ■ Overview of the electrical strategy at Bauma ■ Growing level of stocks of finished products Sustained growth
Slide 10: CEP operational review
CEP operational review ■ High activity with American rental companies ■ Good order intake performance ■ Impact of the depth of the order book on price increases ■ Launch of a new Skid steer RT105 ■ Pressure of the USD on US exports ■ Tension on the production workforce in the USA ■ Enhancing industr
Slide 11: S&S operational review
S&S operational review ■ Business growth ■ Expansion of machine connectivity ■ Expansion of the various business lines ■ Reinforced sales financing partnerships ■ Continued improvement in service rates A very positive quarter Net sales Q1 2019 I April 25, 2019 Public 11
Slide 12: Outlook
Outlook 2019 2019 OUTLOOK CONFIRMED ■ Sales Revenue Anticipation of 2019 revenue growth of around +10% compared to 2018 ■ Profitability Outlook for an improved recurring operating income rate of around 40 basis points, or around 7.3% of revenue Net sales Q1 2019 I April 25, 2019 Public 12
Slide 13: Appendix - Definition
Appendix - Definition On a comparable basis: at constant exchange rates ■ Application of the exchange rates of the previous year on the aggregates of the current year Net sales Q1 2019 I April 25, 2019 Public 13