Ntg Nordic Transport Group A/s · OMXCOP:NTG
Ntg Nordic Transport Group A/s — FY2023 Earnings Presentation
13 slides from Ntg Nordic Transport Group A/s's earnings presentation, Mar 1, 2024
Slide 1: FY 2023 Conference Call
FY 2023 Conference Call NTG Nordic Transport Group 1 March 2024, 10:00 AM CET
Slide 2: Information
Information This presentation has been prepared for information purposes only. This presentation (i) is Forward-looking statements may include, but are not limited to, projections of revenue, by necessity a summary of more detailed information, (ii) is not intended and should not statements relating
Slide 3: Today's presenters
Today’s presenters MICHAEL LARSEN CHRISTIAN D. JAKOBSEN Group CEO Group CFO 3
Slide 4: Agenda
Highlights Financial review AGENDA Other key figures Outlook and mid-term target Q&A 4
Slide 5: 2023 highlights
Highlights Financial review Other key figures 2023 highlights Outlook & mid-term target Q&A MACROECONOMIC AND CHALLENGING DECLINING FREIGHT ORGANIC GROWTH 2023 GUIDANCE GEOPOLITICAL MARKET DYNAMICS RATES AND VOLUMES DECLINE FOR BOTH ACHIEVED UNCERTAINTY DIVISIONS 5
Slide 6: Financial review: Group (I/II)
Highlights Financial review Other key figures Financial review: Group (I/II) Outlook & mid-term target Q&A Q4 Full year COMMENTS DKKm 2023 2022 ∆ 2023 2022 ∆ ▪ Challenging market Net revenue 2,001 2,496 (19.8)% 8,338 10,224 (18.4)% conditions for both divisions Gross profit 463 518 (10.6)% 1,866 2,0
Slide 7: Financial review: Group (II/II)
Highlights Financial review Other key figures Financial review: Group (II/II) Outlook & mid-term target Q&A Gross margin Conversion ratio Operating margin 25% 50% 48.2% 12% 11.7% 24.2% 24% 45% 11% 23.1% 10% 23% 40% 22.8% 36.9% 9% 22% 35% 8.5% 8% 21% 30% 33.5% 7% 7.6% 20% 25% 6% 19% 20% 5% 18% 15% 4%
Slide 8: Financial review: Road & Logistics
Highlights Financial review Other key figures Financial review: Road & Logistics Outlook & mid-term target Q&A Q4 Full year COMMENTS DKKm 2023 2022 ∆ 2023 2022 ∆ ▪ Negative organic growth Net revenue 1,530 1,658 (7.7)% 6,212 6,880 (9.7)% driven by reduced spot Gross profit 349 356 (2.0)% 1,386 1,446
Slide 9: Financial review: Air & Ocean
Highlights Financial review Other key figures Financial review: Air & Ocean Outlook & mid-term target Q&A Q4 Full year COMMENTS DKKm 2023 2022 ∆ 2023 2022 ∆ ▪ Negative organic growth Net revenue 472 838 (43.7)% 2,126 3,444 (36.4)% driven by declining freight Gross profit 114 162 (29.6)% 480 566 (15.
Slide 10: Other key figures
Highlights Financial review Other key figures Other key figures Outlook & mid-term target Q&A Net working capital (DKKm) Adjusted free cash flow1 (DKKm) Net interest-bearing debt2 (DKKm) 361 369 263 243 201 220 45 73 103 28 (51) (73) (165) (140) (209) 30-Sep-23 30-Jun-23 31-Dec-22 31-Dec-23 31-Mar-2
Slide 11: Full-year outlook 2024
Highlights Financial review Other key figures Full-year outlook 2024 Outlook & mid-term target Q&A DKKm 2023 realised 2024 outlook Adjusted EBIT 630 500 – 580 Key assumptions ▪ The outlook assumes an expected overall flat market environment with soft macroeconomics and continued muted consumer confi
Slide 12: Medium-term financial target
Highlights Financial review Other key figures Medium-term financial target Outlook & mid-term target Q&A Target DKK 1 billion in adjusted EBIT no later than 2027. Key assumptions ▪ NTG will strive to achieve the medium-term target with organic growth and M&A, financed by the cash flow and credit fac
Slide 13: The Q&A
The Q&A NTG Nordic Transport Group A/S Investor relations Press Hammerholmen 47 Christian D. Jakobsen Camilla Marcher Lydom DK-2650 Hvidovre Group CFO Investor Relations & Corporate Communication Manager www.ntg.com CVR no. 12546106 +45 4212 8099 +45 4212 8090 ir@ntg.com press@ntg.com
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