3u Holding Ag · XETR:UUU
3u — Q1 2022 Earnings Presentation
29 slides from 3u's earnings presentation, May 11, 2022
Slide 1: Success in Megatrends: Events and Results of Q1 2022
3U HOLDING AG Success in Megatrends Events and Results of Q1 2022
Slide 2: Investment Case 3U Holding: Growth Strategy
INVESTMENT CASE 3U HOLDING 3U Growth Strategy: Enhance Technologies, Overcome Barriers to Growth, Tap Potential Group purpose: Increase shareholder value to the benefit of customers, suppliers, staff, and stakeholders Successful business models in three megatrends: cloud computing e-commerce
Slide 3: Successful Business in Three Megatrends
SUCCESSFUL BUSINESS IN THREE MEGATRENDS ITC Segment Renewable Energies SHAC Segment Information and Segment Sanitary, Heating, Telecommunication Technology Air Conditioning – Cloud Computing – Power Generation – E-Commerce ERP-Platform for SME – Project – Planning – Telecommunications Acquisitions a
Slide 4: Key Strategic Focus Areas: Growth Driver Cloud Computing and E-Commerce
KEY STRATEGIC FOCUS AREAS: GROWTH DRIVER CLOUD COMPUTING AND E-COMMERCE Revenue in EUR m CAGR: 95% 12,0 ≈ 19.0 7,3 4,6 3,0 1,9 0,5 1,0 0,1 0,3 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 (e) Ongoing strong organic growth – first strategic acquisitions completed CAGR: 30% 23,7 20,6 21,6 ≈ 23.0
Slide 5: Events and Results of the first quarter of the 2022 financial year
Events and Results of the first quarter of the 2022 financial year 5
Slide 6: Events during Q1 2022
EVENTS DURING Q1 2022 Cloud Computing remains key growth driver (q-on-q: +67.4 %)/ SHAC revenue and earnings still impeded / favourable weather conditions After the delay of the IPO, and preparing for the next growth phase, Cloud Computing (weclapp Group) is realigning its management and sales app
Slide 7: In Line with Forecast: Strong Revenue Growth and Solid Earnings
IN LINE WITH FORECAST: STRONG REVENUE GROWTH AND SOLID EARNINGS Group revenue and earnings in EUR m: Q1/2021 vs. Q1/2022 Revenue 16.8 • All segments contribute to quarterly growth 14.1 • Strong quarter in Renewable Energies segment • Strong revenue growth in Cloud Computing (q-on-q: +67.4 %) ITscope
Slide 8: All Segments Contribute to Revenue Growth
ALL SEGMENTS CONTRIBUTE TO REVENUE GROWTH Segment revenue and EBITDA in EUR m: Q1/2021 vs. Q1/2022 ■ Revenue ITC EBITDA • ITC: strong growth in Cloud Computing, also fuelled 7.1 Start-up subsidiary FinanzGeek with by 2021 acquisitions; telecommunications on track 5.5 negative earnings Large staff in
Slide 9: Balance Sheet Changes Reflect Progress of Würzburg Building Project
BALANCE SHEET CHANGES ESSENTIALLY REFLECT PROGRESS OF WÜRZBURG BUILDING PROJECT 130.858 Construction progress of office space earmarked 130.858 for future leasing increases Property, Plant & 119.047 Equipment position 119.047 16.715 Other cur. 22.050 Cash & cash liabil. equiv. 12.715 Contracts with
Slide 10: At a Glance: Balance Sheet and Financial Ratios
AT A GLANCE: BALANCE SHEET AND FINANCIAL RATIOS In EUR m / % 31 March 31 December 2022 2021 Total assets 130.9 119.0 Inventories 12.1 13.6 Cash and cash equivalents 22.1 12.7 Equity 64.0 62.1 Equity ratio 48.9 % 52.2 % Debt to equity (liabilities/equity) 104.5 % 91.7 % Net debt (cash and cash equiva
Slide 11: Guidance for 2022: Strong Revenue Growth, Solid Earnings
GUIDANCE FOR 2022: STRONG REVENUE GROWTH, SOLID EARNINGS Group KPI in EUR m: 2019 – 2022 (e) Consolidated Revenue EBITDA margin 65 – 70 Disposals 2020: EUR 8.2m 20.1% 19.6% 18.9% 61.1 14% – 18% 51.5 55.9 65,0 2019 2020 2021 2022 (e) 2019 2020 2021 2022 (e) EBITDA Consolidated Result One-off 2021: EU
Slide 12: weclapp: Technology Leader, Price Leader
weclapp: Technology leader Price leader Goal: market leader! 12
Slide 13: Megatrend Digitalization: SMB Seek Cutting Edge Performance
MEGATREND DIGITALIZATION: SMB SEEK CUTTING EDGE PERFORMANCE SMB tailwinds driving ERP adoption: Automation of business processes Consistent and current information Ubiquitous access to data and applications Creating unlimited mobility and agility New business models We are democratising ERP – making
Slide 14: Business Model – Software-as-a-Service
BUSINESS MODEL – SOFTWARE-AS-A-SERVICE Contract granting usage rights for defined no. of user subscriptions Majority of revenues resulting from recurring revenues (SaaS) Advance payments deferred over duration of contract Customer Cloud based offering Highly sticky customer base on the back of mainl
Slide 15: No Inherent Barriers to Growth
NO INHERENT BARRIERS TO GROWTH No inherent barriers to growth Growth driver 1 2 3 4 5 6 R&D: Product Research focus on Marketing & Sales Extend industry / Internationalisation Targeted acquisition enhancement Artificial Intelligence excellence customer reach of competitors Growth enabler . Agile org
Slide 16: weclapp Group Revenue Grows by 67.4% - Earnings Dip Post-IPO-Delay
WECLAPP GROUP REVENUE GROWS BY 67.4 % - EARNINGS DIP POST-IPO-DELAY MEASURES INITIATED Only two days before the scheduled release date the decision was taken not to issue the “Intention-to-Float”-message One-off expenses and internal cost for IPO, M&A Challenges and prospects preparation have affect
Slide 17: Umsetzung der Strategie: Die weclapp-Cloud
UMSETZUNG DER STRATEGIE: DIE WECLAPP-CLOUD 17
Slide 18: Selfio: Successful in Online Trading
Selfio: Successful in Online Trading thanks to High Quality of Advice and Marketing 18
Slide 19: Selfio: Do It Yourself – But Do It Right!
SELFIO: DO IT YOURSELF – BUT DO IT RIGHT! • Founded in 2011, Selfio operates an online shop (www.selfio.de) for professional DIY products, including well-known brands such as Buderus, Wilo, Grundfos, Biral, Junkers, Viessmann and Wolf. • USP: high quality of advice – online and personal • Over nine
Slide 20: Procurement and Price Challenges Continue in 2022
PROCUREMENT AND PRICE CHALLENGES CONTINUE IN 2022 NEW DISTRIBUTION CENTER AS BASIS FOR FURTHER IMPROVEMENTS The German construction industry is not alone in being impacted by the current procurement and price crisis. Our SHAC e-commerce business continues to be affected by the global supply chain cr
Slide 21: Renewable Energies: Wind and Solar Power
Renewable Energies: Wind and Solar Power 21
Slide 22: Sustainable Earnings and Cash Flow in the Renewable Energies Segment
SUSTAINABLE EARNINGS AND CASH FLOW IN THE RENEWABLE ENERGIES SEGMENT Renewable Energy Power Generation in the 3U Group Three wind farms, one photovoltaic power plant Klostermoor Power generation in op. since 1999 capacity currently at 6 AN Bonus windmills 1.0 MW each Roge around 54 MW 54 m rotor d
Slide 23: Renewable Energies Segment Fact Sheet
RENEWABLE ENERGIES SEGMENT FACT SHEET Power Generation* in the 3U Group Major Power plants (nominal capacity and book values) Residual Outstanding value at loans at MW Comment 31.03.2021 31.03.2021 (EUR Mio.) (EUR Mio.) PV plant Adelebsen 10.1 Feed-in-Tariff, until Dec. 2032 9.3 8.0 Langendorf win
Slide 24: Summary
3U #- HOLDING Summary 24
Slide 25: Enhance Our Technologies, Overcome Barriers to Growth, Develop New Potential
ENHANCE OUR TECHNOLOGIES, OVERCOME BARRIERS TO GROWTH, DEVELOP NEW POTENTIAL We create value • thanks to the ongoing growth story in cloud computing • thanks to the performance of our telecommunications business area • thanks to the promising potential of our online trading activities in the SHAC
Slide 26: Appendix
3U #- HOLDING Appendix 26
Slide 27: Dividend, Share Price and Shareholder Structure
DIVIDEND, SHARE PRICE AND SHAREHOLDER STRUCTURE Share price performance (12 months, as of 9 May 2022) Shareholder structure 3.4 % 29.6 % 65.2% 67.0 % Free float Management and Supervisory Board Lupus alpha Average daily trading volume: >25,000 Information on the share Dividend policy: Market segment
Slide 28: Financial Calendar and Contact
FINANCIAL CALENDAR AND CONTACT Date Event 23 May 2022 Participation in EF Equity Forum Spring Conference 25 May 2022 Annual General Meeting 10 August 2022 Publication of Half Year Financial Report 5 – 6 September 2022 Participation in EF Equity Forum Fall Conference 9 November 2022 Publication of Q3
Slide 29: Disclaimer
Disclaimer The information in this presentation does not constitute an offer to sell or an invitation to submit an offer to purchase or subscribe for shares of 3U HOLDING AG but rather is intended exclusively for information purposes. German legal framework The information contained in this presenta