Andritz Ag · VIE:ANDR
Andritz — Non-Deal Roadshow (April 2023)
13 slides from Andritz's roadshow presentation, April 2023
Slide 1: ANDRITZ Group Company Presentation April 2023
ANDRITZ GROUP COMPANY PRESENTATION APRIL 2023
Slide 2: The ANDRITZ Group
THE ANDRITZ GROUP G L O B AL P R E S E N C E REVENUE BY REGION 2022 (2021) Headquarter Production sites and service/ G R AZ , sales companies worldwide: Europe & North America: 7,543 Emerging markets: AU S T R I A OVER 280 52% (53%) MEUR 48% (47%) K E Y F I N AN C I AL F I G U R E S UNIT 2022 2021 O
Slide 3: A World Market Leader with Four Business Areas
A WORLD MARKET LEADER WITH FOUR BUSINESS AREAS PULP & PAPER METALS HYDRO SEPARATION 48%* 22%* 20%* 10%* Pulp: #1 Forming: #1 #1-3 in sludge dewatering Paper: #3 #1-2 Processing: #1-2 & drying * Share of total Group revenue 2022 # Global market position, estimated by ANDRITZ 3 / ANDRITZ / COMPANY PRE
Slide 4: Strong Competitive Position in Long-term Growing Markets
STRONG COMPETITIVE POSITION IN LONGTERM GROWING MARKETS • PULP & PAPER: market growth driven by demand for cellulosic fibers for packaging, hygiene and also textiles; sustainability goals of the pulp & paper industry urge investments in green solutions • METALS: trends towards carbon-neutral product
Slide 5: Group Strategy and Long-term Goals
GROUP STRATEGY AND LONG-TERM GOALS S A F E T Y, T E C H N O L O G I C A L & C O S T L E A D E R S H I P EXTEND M ARKET • Become preferred supplier by virtue of safety, POSITION technology, quality, and references • Serving markets with long-term and sustained growth • Development of innovative and s
Slide 6: Record Results in 2022
RECORD RESULTS IN 2022 Financial highlights O R D ER IN TA K E R EVEN U E N ET IN C O ME 9.3 billion EUR 7.5 billion EUR 403 MEUR (2021: 7.9 billion EUR / +18%) (2021: 6.5 billion EUR / +17%) (2021: 322 MEUR / +25%) O R D ER B A C K L OG N ET LIQU IDITY EB ITA / EB ITA MA R GIN 10 billion EUR 1 bill
Slide 7: ANDRITZ's Development since 2018 (I)
ANDRITZ‘S DEVELOPMENT SINCE 2018 (I) in MEUR GROUP ORDER INTAKE GROUP REVENUE CAGR Capital: +7%; CAGR Service: +11% CAGR Capital: +4%; CAGR Service: +9% 12,000 12,000 10,000 9,263 10,000 7,282 7,880 7,543 8,000 6,646 6,108 3,352 8,000 6,674 6,700 6,463 6,032 6,000 2,800 2,766 6,000 2,999 2,214 2,413
Slide 8: ANDRITZ's Development since 2018 (II)
ANDRITZ‘S DEVELOPMENT SINCE 2018 (II) EBITA AND EBITA MARGIN* (REPORTED) EBITA AND EBITA MARGIN* (ADJUSTED) 649 644 547 550 456 471 394 415 392 343 6.5% 5.1% 5.8% 8.5% 8.6% 6.9% 6.8% 7.0% 8.5% 8.5% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 * EBITA (IN MEUR) / EBITA MARGIN (IN %) 8 / ANDRITZ
Slide 9: EBITA Margin Target: Group at Solid 8%
EBITA MARGIN TARGET: GROUP AT SOLID 8% EBITA margin by business area (in %) PULP & PAPER METALS 11.3 10.8 9.9 Target 9.5 9.4 9.7 10-11% 6.0 Target 3.8 6-7% 2.8 1.7 GROUP 2017 2018 2019 2020 2021 2022 Target: 2017 2018 2019 2020 2021 2022 HYDRO >8% SEPARATION -4.5 -3.3 10.6 9.8 Target 7.8 8.3 9-11% 7
Slide 10: Favorable Financial Position
FAVORABLE FINANCIAL POSITION Gross liquidity of ~2.1 billion euros, net liquidity at ~1 billion euros Note: Since January 1, 2019, lease liabilities are excluded from the calculation of net liqudity; 2018 adjusted IN MEUR Strong increase in net liquidity 2,350 Acquisition Xerium: of ~300 MEUR since
Slide 11: ESG: Well on Track to Reach Goals
ESG: WELL ON TRACK TO REACH GOALS Share of revenue from 50% sustainable solutions and products 30% Reduction in the annual accident frequency rate 85% Procurement volume covered by audited (>1 day of absence) suppliers 45% Status end of 2022 compared to the GOVERNANCE SOCIAL ENVIRONMENT preceding ye
Slide 12: Group Roadmap 2022-2024 Well on Track
GROUP ROADMAP 2022-2024 WELL ON TRACK Group targets 2022-2024 Status 2022 Group business volume well above 7 billion EUR, 7.5 billion EUR including M&A towards 8 billion EUR EBITA margin at solid 8% 8.6% Net income to increase to >5% 5.3% Continue M&A strategy within Ongoing existing business areas
Slide 13: Market Outlook and Financial Guidance
MARKET OUTLOOK AND FINANCIAL GUIDANCE Continued good market expectations for all four business areas MARKET OUTLOOK Project and investment activity in all business areas is expected to continue at good levels Economic challenges (Russian sanctions, inflation) are closely monitored FINANCIAL GUIDANCE