Slide 1: Q4 2023 Revenues
Q4 2023 Revenues Michel Denis - President and CEO Hervé Rochet - Chief financial officer 1
Slide 2: Disclaimer
2 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 pr
Slide 3: Highlights
3 Highlights » Q4 23 revenues of €814m, + 11% vs. Q4 22 » Cumulative 12-month sales of €2 871m, + 22% vs. 12-month sales 22, + 23% like for like(1) » Q4 23 order intake on equipment of €269m vs. €485m in Q4 22 » End of Q4 23 order book(2) on equipment at €2 275m vs. €3 521m in Q4 22 A very dynamic a
Slide 4: Group's life
4 Group’s life » Inauguration of the Madison (SD) plant expansion & celebration of its 50th anniversary » Additional capacities in compact equipment » US and international markets » Finalization of the acquisition of a majority stake in the Italian companies COME and Metal Work » COME, specialized i
Slide 5: Group's life
5 Group’s life » Signing of an additional €160m credit facility » Strengthening of the group’s liquidity » Supporting growth » End of patent litigation with JCB » End of litigation opened since 2017 » No impact on products or group’s activity » Opening of an anti-dumping investigation by European Co
Slide 6: Group's life
6 Group’s life » Launch of a new scissors lift range dedicated to the European market » Entry into the most voluminous aerial work platform market » Enabling the group to become a full-liner in the aerial work platform market Q4 2023 Net sales | January 25th, 2024
Slide 7: Group's life
7 Group’s life » Adhesion to the FRET 21 charter (France) with a reduction target of 8% of its GHG emissions linked to road transport by 2025 » Manitou Group awarded at the “Trophées Industrie Grand Ouest” ceremony (France) recognizing the group’s long-standing presence in the region, and its commit
Slide 8: Q4 2023 Revenue
8 Q4 2023 Revenue S&S : Services and Solutions Faster-growing boxes (vs.avg) shown in green Q4 2023 Net sales | January 25th, 2024
Slide 9: Evolution Q4 2023 vs Q4 2022
9 Evolution Q4 2023 vs Q4 2022 Q4 2023 Net sales | January 25th, 2024
Slide 10: 12 months 2023 Revenue
10 12 months 2023 Revenue S&S : Services and Solutions Faster-growing boxes (vs.avg) shown in green Q4 2023 Net sales | January 25th, 2024
Slide 11: Evolution 12 months 2023 vs 12 months 2022
11 Evolution 12 months 2023 vs 12 months 2022 Q4 2023 Net sales | January 25th, 2024
Slide 12: Evolution vs 2022
12 Evolution vs 2022 * at constant scope and exchange rates : definition in appendix Q4 2023 Net sales | January 25th, 2024
Slide 13: Order intake and order book on equipment (€m)
13 Order intake and order book on equipment (€m) The order intake suspension over some product lines helped to reduce the order book. Q4 2023 Net sales | January 25th, 2024
Slide 14: Product division Operational review
14 Product division Operational review » Historic level of activity » Strong improvement in supply chain » Shortening of delivery times » Capacity thresholds raised on certain lines that had reached saturation (Madison) » Construction slowdown in Europe » Gradual opening of order intake for products
Slide 15: S&S division Operational review
15 S&S division Operational review » Good activity level for spare parts » Own rental business penalised by the non-renewal of the Group's rental fleet in 2022 » Continued strengthening of digitalization » Strengthening of organisations A new year of progression Q4 2023 Net sales | January 25th, 2024
Slide 16: Outlook
16 Outlook » Expectation of recurring operating profit for 2023 raised to more than 7% of revenues » Expectation of stable revenue in 2024 compared with 2023 Q4 2023 Net sales | January 25th, 2024
Slide 17: Appendix - Definitions
17 Appendix - Definitions Like for like, so at constant scope and exchange rates : » Scope : - for the company Lifttek acquired in May 2022, restatement from January 1 of the current year to the anniversary date of its acquisition ; - for the companies acquired in 2023 (easyLi in January 2023 and GI.
Slide 18: THANK YOU
yy» THANK YOU SET THE WORLD MANITOU | IN MOTION