Jacquet Metals Sa · EURONEXT:JCQ
Jacquet Metals Sa — ODDO BHF Forum January 2024
15 slides from Jacquet Metals Sa's conference presentation, January 2024
Slide 1: A European leader in the distribution of special metals
A European leader in the distribution of special metals ODDO BHF Forum - January 2024
Slide 2: Group overview
Group overview Sales LTM: €2.3bn 3,393 employees* - 122 distribution centers* - 27 countries* Worldwide footprint* Sales breakdown Outside Europe 3% Germany 38% Other Europe 22% France 9% Italy 7% North America 7% The Netherlands 7% Spain 7% * Including companies acquired from Swiss Steel Group on O
Slide 3: 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 3
Slide 4: 3 divisions
3 divisions Sales breakdown* JACQUET STAPPERT IMS group Asia and others 7% Germany 10% Germany 48% Outside Germany 44% Other Europe 2% Europe 23% France 9% France 12% €550m The €650m Netherlands €1,100m 8% Outside France 6% Europe 1% Spain 12% Italy 7% Other The Other Europe 43% Netherlands Europe 1
Slide 5: Sectors
Sectors Stainless steel Engineering steel 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 5
Slide 6: Special metals
Special metals 6
Slide 7: Environmental Responsibility
Environmental Responsibility Governance: operational CSR (Corporate Social Responsibility) committee Carbon footprint*: the energy consumption of the Group’s distribution centers accounts for 1.2% of the total emissions Inzersdorf, Austria (commissioned in 2023) Scope 1 & 2 Scope 3 Scope 3 Promotion
Slide 8: Main development markets
Main development markets North America Germany Italy United Kingdom Asia 8
Slide 9: External growth: 2023 acquisitions
External growth 2023 acquisitions 1st establishment in Italy Aluminum distribution Strengthening in Central early 2023 June 2023 and Eastern Europe October 2023 Sales €10 m €15m €158m S+B Distribution 2015 Acquisition 2023 IMS group 2010 Sites 2 distribution centers 1 distribution center 11 distribu
Slide 10: Organic growth: Ongoing projects 2024 – 2026
Organic growth Ongoing projects 2024 – 2026 Germany 2024 Canada (Toronto) 2026 Illustration United States (Chicago) 2026 Italy 2024 Illustration 10
Slide 11: 9 months 2023 highlights
9 months 2023 highlights Market conditions Volumes sold Prices Sequential -0.6% -4.4% -4.3% y.o.y. y.o.y. -10.6% -10.8% -10.9% Q1.23 Q2.23 Q3.23 Q1.23 Q2.23 Q3.23 Performance Strong cash flow generation Sales €1,764m / -16.7% vs €2,118m YTD.22 Operating cash flow €132m EBITDA €118m / 6.7% Gearing 34
Slide 12: Metrics as of September 30, 2023 (1/2): Activity & results
Metrics as of September 30, 2023 (1/2) Activity & results Sales JACQUET: -14.6% / €415m -€354m / -16.7% STAPPERT: -20.8% / €500m IMS group: -15.0% / €865m 0.6% -10.8% Sequential -0.6% -4.4% -4.3% -6.5% y.o.y. -10.6% -10.8% -10.9% Q1.23 Q2.23 Q3.23 Q1.23 Q2.23 Q3.23 * * Acquisitions Fidelity PAC Meta
Slide 13: Metrics as of September 30, 2023 (2/2): Solid financial position
Metrics as of September 30, 2023 (2/2) Solid financial position Operating cash flow +€132m Gearing 34 % Operating cash flow: In €m +€132m Non-current assets (incl. goodwill €72m 281 and real estate €128m) In €m 686 Shareholders’ equity Net operating WCR (of which inventories: €701m) 698 232 Net debt
Slide 14: Stock market information and shareholder structure
Stock market information and shareholder structure Stock market information Shareholder structure as of 30.09.2023 30.09.2023 9 months Number of shares at end of period shares 22,707,209 Éric Jacquet / JSA 42.67% (59.59%) Market capitalization at end of period €k 365,586 High € 20.05 Low € 15.28 Oth
Slide 15: Euronext Paris ISIN: FR0000033904
Euronext Paris ISIN : FR0000033904