Ntg Nordic Transport Group A/s · OMXCOP:NTG
Ntg Nordic Transport Group A/s — FY2024 Earnings Presentation
16 slides from Ntg Nordic Transport Group A/s's earnings presentation, Mar 6, 2025
Slide 1: Full year 2024 Conference call
Full year 2024 Conference call NTG Nordic Transport Group March 6, 2025, 09:30 AM CET
Slide 2: Forward looking statements
Forward looking statements This presentation has been prepared for information purposes only. This presentation (i) is by necessity a summary of more detailed information, (ii) is not intended and should not be used to form the basis of any investment decision, and (iii) does not purport to be full
Slide 3: Content
Content • Full year highlights • M&A update • Financial review • Business segments • Other key figures • Outlook for 2025 • Strategy update • Q&A
Slide 4: Full year highlights
Full year highlights • Announced five acquisitions during 2024, strengthening our Continental European presence, our Furniture vertical, and APAC organisation. • Full-year 2024 EBIT was in line with guidance for the year, and we delivered organic growth in both divisions. • Defined our strategy to r
Slide 5: M&A update
M&A update Latest closed transactions Closed transactions Road and Logistics Air & Ocean 77m NI 41 599m 80m 130 Revenue DKK EBIT DKK White collars Revenue DKK EBIT DKK White collars Road and Logistics 91m 4m 21 Italian Land-based furniture activities Revenue DKK EBIT DKK White collars Road and Logis
Slide 6: Financial review
Financial review Comments Q4 Full year DKKm 2024 2023 ∆ 2024 2023 ∆ • In 2024, global freight forwarding markets were once again impacted Net revenue 2,593 2,001 29.6% 9,352 8,338 12.2% by high volatility. E.g., conflict in the Gross profit 579 463 25.1% 1,973 1,866 5.7% Red Sea, changes in ocean Ad
Slide 7: Road & Logistics
Road & Logistics Comments Q4 Full year DKKm 2024 2023 ∆ 2024 2023 ∆ • 2024 proved to be another challenging year. We estimate that Net revenue 1,794 1,530 17.3% 6,618 6,212 6.5% our core markets declined by low to Gross profit 418 349 19.8% 1,447 1,386 4.4% mid-single digits. Adjusted EBIT 94 117 -1
Slide 8: Air & Ocean
Air & Ocean Comments Q4 Full year DKKm 2024 2023 ∆ 2024 2023 ∆ • The global air and ocean freight market in 2024 was impacted by Net revenue 799 472 69.3% 2,734 2,126 28.6% uncertainty and significant rate Gross profit 162 114 42.1% 526 480 9.6% volatility, while volumes showed a Adjusted EBIT 37 55
Slide 9: Key figures
Key figures Full year Comments DKKm 2024 2023 • Net working capital was primarily ROIC before tax 21.6% 32.0% impacted by local challenges in the Return on equity 27.4% 37.7% US entities. The development Solvency ratio 26.9% 28.5% stabilised during Q3 after several Leverage ratio (NIBD/EBITDA before
Slide 10: Full-year outlook 2025
Full-year outlook 2025 DKKm 2024 realised 2025 outlook Adjusted EBIT 524 575 – 650 Main assumptions • The outlook assumes a slight volume growth in both divisions, but with continued pressure from soft macroeconomics and continued muted consumer confidence. • In the European road and logistics marke
Slide 11: Route '27
Route ‘27 Fit-for-future platform
Slide 12: From a Danish Road Insurgent in 2019 to Global Freight Forwarder in 2024
From a Danish Road Insurgent in 2019 to Global Freight Forwarder in 2024… LEGAL ENTITIES EMPLOYEES REVENUE & EBIT (DKKm) OPERATING MARGIN EARNINGS PER SHARE1 (DKK) 62 82 1,335 2,900 9,352 5.6% in 2024 13.92 in 2024 5,332 524 compared to compared to - 208 3.9% in 2019 -0.64 in 2019 2019 2024 2019 202
Slide 13: Route '27 strategy: opportunities and challenges
EBIT in DKKm WHERE WE’RE GOING 2025-2027 WHERE WE ARE NOW 1,000 2024 WHERE WE’VE BEEN ‘ROUTE ’27’ STRATEGY – OUR 524 OPERATING MODEL FOR 2019-2024 OUTPERFORMANCE TRANSPARENT VIEW OF GROWTH 208 AVENUES & CHALLENGES Leverage and scale network benefits FROM DANISH ROAD INSURGENT TO OPPORTUNITIES Scale
Slide 14: Through 2027 we will focus on growing our core markets, customers & verticals
Through 2027 we will focus on growing our ‘core’ markets, customers & verticals supported by a well-defined operating blueprint for success Our Vision DKK 1bn adjusted EBIT in 2027 & ambition The trusted partner of choice for global supply chain solutions Markets Customers Verticals Core focus areas
Slide 15: Timeline for implementation and execution
Timeline for implementation and execution 2025 2026 2027 Road & Logistics Plan & Jointly launch Make enhanced Continuous Mobilise and refine Group support improvement people initiatives available across NTG Air & Ocean Mobilise Launch Full launch of Track execution and and initiatives at initiatives
Slide 16: Q&A
Q&A To ask a question, please dial one of the numbers below Danish participants +45 32 72 75 25 International participants +44 1 212818004 US participants +1 718 7058796 To ask questions press “*1”
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