Mersen Sa · EURONEXT:MRN
Mersen Sa — Investor Day (December 2024)
11 slides from Mersen Sa's investor day presentation, Dec 5, 2024
Slide 1: Capital Market Day, December 5, 2024
CAPITAL CAPITAL MARKET MARKET DAY DAY 5December décembre5, 2024 2024
Slide 2: Safe Harbor
SAFE HARBOR This presentation contains forward-looking information that is subject to various risks and uncertainties, both expected and unexpected, which could have a significant impact on the Company's future performance. Readers are also invited to visit the Group's website where they can consult
Slide 3: Today's agenda
Today’s agenda 01 02 03 04 05 A new A winning Our medium-term A strong Significant dimension positioning growth drivers financial profile potential
Slide 4: A path to growth and value creation
A path to growth and value creation 1 An extensive and well-established Group, more dynamic and less cyclical Well positioned in buoyant medium-term energy transition markets and supported by traditional markets that provide resilience 2 3 Long-term prospects for sustainable and profitable growth, r
Slide 5: A new dimension
01 A new Luc Themelin Chief Executive dimension Officer
Slide 6: An improved growth profile
An improved growth profile REPORTED SALES (€M) Average 1,083 +23% Average 1,400 879 1,211 1,200 1,000 800 600 400 200 2017 2018 2019 2020 2021 2022 2023 6 Capital Market Day – December 5, 2024
Slide 7: Positioned in dynamic markets
Positioned in dynamic markets REPORTED SALES (€M) Renewable energies Silicon semiconductors 26% of average total 20% of average total SiC semiconductors 2021-2023 sales 2021-2023 CAGR 1,400 2017-2019 sales Electric vehicles 15% 1,200 1,000 800 2021-2023 CAGR Aeronautics 16% Rail 600 400 Process indu
Slide 8: A more profitable Group
A more profitable Group Average EBITDA +27% €179m Average EBITDA €141m Average +60 bps EBITDA margin Average 16.6% EBITDA EBITDA margin (€m) 16.0% EBITDA 250 17% margin 203 17% 200 16% 16% 150 15% 100 15% 14% 50 14% 0 13% 2017 2018 2019 2020 2021 2022 2023 2017 and 2018 restated (IFRS16) 8 Capital M
Slide 9: A more cash-generating model
A more cash-generating model NET CASH GENERATED BY OPERATING ACTIVITIES Average +33% €134m Average €m 200 €101m 180 160 140 120 100 80 60 40 20 0 2017 2018 2019 2020 2021 2022 2023 2017 and 2018 restated (IFRS16) 9 Capital Market Day – December 5, 2024
Slide 10: The electric vehicle market: a slowdown in certain markets
A slowdown in certain markets The electric vehicle market The electric vehicle market Markets Mersen’s Assumptions The electric vehicle market is less buoyant than previously anticipated, For the Group, this means Growth in the pushing its sales target of particularly in Europe and electric vehicle
Slide 11: … but our growth story continues
… but our growth story continues The Group is positioned in high-growth markets whose long-term potential remains intact Capital expenditure plan, largely underway, will ensure the Group is ready for the rebound Rapid decision to accelerate the plan to optimize profitability and cash flow, given the