Brockhaus Technologies AG · XETR:BKHT
Brockhaus Technologies — 9M 2021 Earnings Presentation
15 slides from Brockhaus Technologies's earnings presentation, Nov 16, 2021
Slide 1: Elevating Champions - Quarterly Statement Q3 2021
Elevating Champions QUARTERLY STATEMENT Q3 2021 INVESTOR UPDATE CALL November 16, 2021
Slide 2: Disclaimer – Important information for recipients
Disclaimer – Important information for recipients This document is being presented solely for informational purposes and should not be treated as in light of the pandemic. Brockhaus Technologies does not guarantee that the assumptions giving investment advice and does not constitute or form part of,
Slide 3: Summary 9M 2021
Summary 9M 2021 Group KPIs ▪ Revenue of €34.2 million slightly above last year’s level (+0.8% compared to 9M 2020) ▪ Continued strong increase in order intake of +19% compared to the prior-year period – order book up +56% ▪ Adj. EBITDA margin of 14.9% (further recovery in Q3 to 21.7% vs 15.1% in Q2
Slide 4: Revenue by quarter
Revenue by quarter +114.3% +33.6% +37.5% +0.4% 9M 7.9 4.8 5.0 4.2 4.2 3.7 2.2 Q1 Q2 Q3 Q4 -41.4% +14.1% -15.0% 10.3 -3.0% 9.8 7.4 9M 6.1 6.9 6.7 6.5 Q1 Q2 Q3 Q4 -13.8% +9.9% +9.0% +0.8% 17.7 9M 12.6 11.6 11.7 10.8 10.6 10.7 Q1 Q2 Q3 Q4 (€ million) Group Palas IHSE Prior-year period 4
Slide 5: Revenue by region
Revenue by region +148.4% +20.3% +81.9% 9M +121.6% 9M 9M +36.5% -28.5% 6.1 +200.0% +36.5% +352.9% +64.9% +62.9% +128.5% 3.7 3.6 3.5 2.9 2.5 1.2 1.7 0.4 0.4 0.6 0.2 0.9 0.4 0.7 0.4 0.9 0.5 0.9 0.6 0.1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 -34.3% -12.5% +15.4% -41.4% 9M +21.6% 9M 9M -2.0% -65.6% +15.0%
Slide 6: KPIs by segment
KPIs by segment Reportable segments Environmental Security Central Functions and Group Technologies Technologies consolidation € thousand 9M 2021 9M 2020 9M 2021 9M 2020 9M 2021 9M 2020 9M 2021 9M 2020 Revenue 13,991 10,174 20,163 23,728 - (31) 34,154 33,870 Revenue growth 37.5% (15.0%) 0.8% Gross p
Slide 7: M&A activity
M&A activity BIKELEASING BROCKHAUS Ea TECHNOLOGIES
Slide 8: Current status of the transaction
Current status of the transaction ▪ Purchase agreement for an up to 60% stake1 in BLS signed on June 16, 2021 ▪ Financing contracts signed on November 11, 2021 ▪ Financing of the purchase price intended by using: o c. € 89 million available cash on BKHT balance sheet o € 13 million worth of BKHT sha
Slide 9: Simplified transaction structure
Simplified transaction structure € 15 million debt BKHT AG Co-investors ~95% ~5% € 35 million debt BCM Erste Beteiligungs GmbH Bikeleasing Founders ~55% ~5% 40% € 30 million debt BCM Zweite Beteiligungs GmbH 100% 9
Slide 10: M&A activity
M&A activity “ihse.
Slide 11: IHSE acquires kvm-tec
IHSE acquires kvm-tec1 - The Austria-based KVM-over-IP solutions specialist Company overview Selected products €3.3m ▪ kvm-tec develops and distributes flexible, high- SMARTline Single Full SMARTflex SV1 Single Masterline MVX1 HD Extender over IP KVM-over-IP Extender KVM-over-IP Extender security KV
Slide 12: Combined synergies will generate a Global KVM Powerhouse
Combined synergies will generate a “Global KVM Powerhouse” to meet all customer demands ▪ Comprehensive product offering: IHSE is a market leader for high-performance, direct and highly secure proprietary KVM. With the solutions of kvm-tec, a market-ready IP-based product portfolio is added to the I
Slide 13: M&A activity - Other deal flow
M&A activity Other deal flow 13
Slide 14: Project SPRING: In-depth due diligence process in H1 2021
Project SPRING: In-depth due diligence process in H1 2021 KPIs ~ €45m ▪ SPRING was founded over 50 years ago as a family business and is based on long-term tradition and experience ▪ BKHT conducted a detailed due diligence process on the group (including three FY21 Revenue (forecast) international s
Slide 15: Brockhaus Technologies AG
Brockhaus Technologies AG NEXTOWER | Thurn-und-Taxis-Platz 6 D-60313 Frankfurt am Main T: +49 (0) 69 20 43 40 90 F: +49 (0) 69 20 43 40 971 Mail: ir@brockhaus-technologies.com www.brockhaus-technologies.com
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