Slide 1: Digital. Sustainable. Successful. Update on WashTec
Digital. 1 Sustainable. Update Successful. on WashTec Q2 Statement | August 3rd, 2023 Dr. Ralf Koeppe, CEO/CTO, Andreas Pabst CFO
Slide 2: Update on WashTec
11Update Updateon on WashTec WashTec 2 | Financial Statement Q2 2023 | August 3, 2023 | WashTec AG
Slide 3: Our Mission: Sustainable Car Wash - Wirksystem
Our Mission: Sustainable Car Wash - Wirksystem “Wirksystem” Digitalization and especially data are the key enabler to offer „the most innovative and sustainable car wash system“ 3 | Financial Statement Q2 2023 | August 3, 2023 | WashTec AG
Slide 4: Goal of our strategy – further specification of our vision 2030
Goal of our strategy – further specification of our vision 2030 ▪ Maintain global car wash market leader ▪ Taking responsibility by driving sustainable car wash leadership ▪ Generating a high level of customer benefit through consistent digital orientation and smart integration of products and digit
Slide 5: Sustainability Report 2022
Sustainability Report 2022 We at WashTec are committed to integrate sustainability in the business model of our customers by providing sustainable car wash solutions. WashTec‘s second extensive sustainability report is now available. 5 | Financial Statement Q2 2023 | August 3, 2023 | WashTec AG
Slide 6: CO2 Footprint WashTec Production Countries and Energy savings
CO2 Footprint WashTec Production Countries and Energy savings ▪ CO2 emissions reduced by 187 t or 2.6% year on year ▪ CO2 emissions per million € revenue reduced by 13.1% ▪ Energy-saving measures implemented due to the energy crisis have already resulted in a notable 18.3% permanent reduction at Eur
Slide 7: WashTec's sustainable car wash site certification program
WashTec’s sustainable car wash site certification program WashTec's sustainable car wash site certification programme is the industry's first sustainable solution for petrol stations and car wash operators. WashTec's certification programme offers a range of opportunities: ▪ a credible positioning a
Slide 8: Washsite certification by WashTec at a glance
Washsite certification by WashTec at a glance The WashTec certified sustainability partner programme uses a seal to promote sustainable carwash sites. If customers have an active WashTec machine including a water reclaim system in combination with AUWA Green Car Care chemicals, they receive a seal f
Slide 9: New product presentations at fairs
New product presentations at fairs Aqua Pur Modular for Europe and North America JetWash Modular with Car Wash Assistant Connectivity and data: ▪ Fresh water ▪ Process water ▪ Sensor data about the state of process water ▪ Functions driven by this sensor data ▪ … Water usage Sensor data about the st
Slide 10: Supply Chain "True North" – Next step production optimization
Supply Chain “True North“ – Next step production optimization Consolidation of value streams ROLL OVER TUNNEL TRUCK & BUS JET WASH WATER RECYCLING ‚unmanned CarWash‘ Green Supply modular & standardized modular & standardized customized sustainable, efficient, aligned Plant Augsburg MQB Modul
Slide 11: H1 2023 results
12Update H1 2023on results WashTec 11 | Financial Statement Q2 2023 | August 3, 2023 | WashTec AG
Slide 12: H1 2023 at a glance – 7.4% revenue growth, 19.4% increase in EBIT
H1 2023 at a glance – 7.4% revenue growth in first half-year with significant 19.4% increase in EBIT H1 ▪ Positive revenue performance in all product areas H1 2023 H1 2022 Change WashTec generated revenue of €236.2m in the first six absolute in % months of the year, once again a new record for a fir
Slide 13: Q2 2023 - 6.8% revenue growth, 19.3% increase in EBIT
Q2 2023 - 6.8% revenue growth in second quarter with significant 19.3% increase in EBIT Q2 ▪ Revenue growth continued in second quarter Q2 2023 Q2 2022 Change With revenue of €127.1m, WashTec also set a new absolute in % record for a second quarter (prior year: €119.0m). €m The strong revenue growth
Slide 14: Group revenue by product
Group revenue by product Revenue by product, H1 ▪ Equipment and Service revenue increased significantly in €m compared to the first half of the prior year due to the H1 2023 H1 2022 Change passing on of price increases. The growth was mainly absolute in % driven by a strong increase in business with
Slide 15: Group revenue by regions
Group revenue by regions Revenue by regions, H1 Revenue by regions, Q2 in €m in €m H1 2023 H1 2022 Change Q2 2023 Q2 2022 Change absolute in % absolute in % Europe 184.4 174.8 9.6 5.5 Europe 97.6 93.2 4.4 4.7 North America 48.5 43.8 4.7 10.7 North America 27.0 25.5 1.5 5.9 Asia/Pacific 8.9 7.8 1.1 1
Slide 16: Group EBIT by regions
Group EBIT by regions EBIT by regions, H1 EBIT by regions, Q2 in €m in €m H1 2023 H1 2022 Change Q2 2023 Q2 2022 Change absolute in % absolute in % Europe 14.2 14.3 -0.1 -0.7 Europe 8.3 9.9 -1.6 -16.2 North America 1.3 -1.3 2.6 200.0 North America 1.6 -1.0 2.6 260.0 Asia/Pacific -0.2 0.5 -0.7 -140.0
Slide 17: EBIT-Bridge H1 – EBIT recovery due to higher revenues and cost control
EBIT-Bridge H1 – EBIT recovery due to higher revenues and cost control inin€m €m +2.5 (19.4%) ▪ Gross profit for the first six months increased to 0.6 €63.1m (prior year: €59.3m) as a result of the 1.4 0.1 0.6 0.5 0.7 15.4 revenue growth. The gross profit margin 4.4 0.6 decreased slightly from 27.0%
Slide 18: NOWC, Free Cashflow, Net Financial Debt, Equity Ratio – in good shape
NOWC, Free Cashflow, Net Financial Debt, Equity Ratio – in good shape inin€m €m ▪ Net Operating Working Capital increased by 2.3% 96.0 98.2 6.5 72.4 24.7% 23.7% compared to H1/22, mainly due to lower trade 59.2 payables. The decrease compared to the YE22 by € 7.0m is mainly attributable to the lower
Slide 19: Guidance 2023
Guidance 2023 2022 Guidance 2023 Revenue 482.2m€ similar level to the prior-year level +/-3% EBIT 38.0m€ significant increase >= 10% Free Cashflow 16.2m€ significant increase >= 10% ROCE 20.2% Significant improvement >= 1 percentage point 19 | Financial Statement Q2 2023 | August 3, 2023 | WashTec A
Slide 20: 20 | Financial Statement Q2 2023 | August 3, 2023 | WashTec AG
20 | Financial Statement Q2 2023 | August 3, 2023 | WashTec AG
Slide 21: Financial Calendar 2023
Financial Calendar 2023 Date Event November 2, 2023 Quarterly statement Q1-3 2023 Event Calendar 2023 Date Event November 27-29, 2023 Equity Forum, Frankfurt 21 | Financial Statement Q2 2023 | August 3, 2023 | WashTec AG
Slide 22: Disclaimer
Disclaimer Cautionary note with regard to forward-looking statements: This document contains forward-looking statements and statements of future expectations that reflect management's current views and assumptions with respect to future events. Such statements are subject to known and unknown risks