Colt Cz Group Se · PSECZ:COLT

Colt Cz — CZG – Česká zbrojovka Group — 9M 2020 Earnings Presentation

16 slides from Colt Cz's earnings presentation, November 2020

  1. Slide 1: CZG – Česká zbrojovka Group SE Financial Highlights 9M 2020

    CZG – ČESKÁ ZBROJOVKA GROUP SE FINANCIAL HIGHLIGHTS 9M 2020 November 2020 INVESTOR REPORT

  2. Slide 2: Legal disclaimer

    Legal disclaimer IMPORTANT - YOU MUST READ THE FOLLOWING BEFORE CONTINUING • This presentation (the “Presentation”) has been prepared by CZG - Česká zbrojovka Group SE, with its registered office at Opletalova 1284/37, Nové Město, 110 00 Praha 1, Identification Number 291 51 961, registered in the C

  3. Slide 3: Agenda and today's presenters

    Agenda and todays presenters 1 PRESENTERS LUBOMÍR KOVAŘÍK JAN DRAHOTA Chairman of the Board of Vice-chairman of the Board 9M 2020 AT A GLANCE Directors of Directors, Head of CZG Finance 2 CZG Responsible for strategy and business Responsible for finance and M&A, Head of development, Chairman since 2

  4. Slide 4: 9M 2020 at a glance

    1 9M 2020 at a glance Despite the lockdown caused by COVID-19 pandemic company managed to increase revenue by +10.2% for 9M 2020, compare to same period in 2019, to almost CZK 5 bn Sales driven mainly by civilian market in the US, strong demand for CZ products globally, enormous increase of demand o

  5. Slide 5: 9M 2020 at a glance – Operational performance

    1 9M 2020 at a glance – Operational performance Revenue breakdown by units sold Comments '000 units Total units sold increased by 18.5% to 337 thousands in 9M 2020, % change vs 9M 2019 compare to 284 thousands units sold in 9M 2019 Short guns 216 +23.9% Revenue split dramatically influenced by the s

  6. Slide 6: Financial highlights - Key indicators 9M 2020

    2 Revenue Financial highlights - Key indicators 9M 2020 Operating profit CZKm CZKm Guidance1 16.4% 16.4% 6,150 – 6,450 880 4,964 0 830 816 +10.6% -0,5 +10.2% 780 -1 740 730 -1,5 4,503 -2 680 -2,5 630 -3 9M 2019 9M 2020 FY 2020 9M 2019 9M 2020 Operating profit Operating profit margin EBITDA from cont

  7. Slide 7: Financial highlights – Cash flow indicators 9M 2020

    2 Financial highlights – Cash flow indicators 9M 2020 Operating cash flow Investing cash flow/CAPEX CZKm CZKm 1200 83.4% 700 1,093 80,0% 70,0% 1000 60,0% 600 929 Guidance1 6.9% 7.2% 7.3% 5.7 – 6.2% 40.2% 37.7% 40,0% 500 800 435 20,0% -20,0% 386 400 350 - 400 0,0% 600 313 505 283 -20,0% 300 391 400 -

  8. Slide 8: Financial highlights – Net debt 9M 2020

    2 Financial highlights – Net debt 9M 2020 Debt structure Comment CZKm 3000 Keeping a fairly conservative leverage profile, providing CZG 2500 59.3 37.0 71.0 with enough flexibility for potential big moves 2000 64.5 Majority of debt financing in the form of CZK denominated 1500 Bank loans bonds of Če

  9. Slide 9: Q&A section – Thank you for your attention

    2 Financial highlights – Q&A section THANK YOU FOR YOUR ATTENTION

  10. Slide 10: Appendix – Summary of selected KPIs

    3 Appendix – Summary of selected KPIs Unaudited consolidated financial results CZK '000 / % 9M 2020 9M 2019 change Revenue 4,964,212 4,502,695 10.2% EBITDA from continued operations1 952,409 1,031,584 (7.7%) Underlying EBITDA from continued operations2 857,222 946,526 (9.4)% Depreciation and amortiz

  11. Slide 11: Appendix – Profit and loss statement

    3 Appendix – Profit and loss statement Unaudited consolidated Profit & loss statement CZK '000 / % 9M 2020 9M 2019 change Revenues from the sale of own products, goods and services 4,964,212 4,502,695 10.2% Other operating income 89,294 130,320 (31.5%) Changes in inventories of finished goods and wo

  12. Slide 12: Appendix – Balance sheet 1/2

    3 Appendix – Balance sheet 1/2 Unaudited consolidated Balance sheet – Assets CZK '000 / % 9M 2020 9M 2019 change Non-current assets Property, plant and equipment 1,999,477 2,146,852 (6.9%) Intangible assets 779,860 873,790 (10.7%) Long-term receivables 291,505 65,709 343.6% Equity-accounted securiti

  13. Slide 13: Appendix – Balance sheet 2/2

    3 Appendix – Balance sheet 2/2 Unaudited consolidated Balance sheet – Equity and liabilities CZK '000 / % 9M 2020 9M 2019 change Equity Share capital 2,984 2,984 0.0% Capital funds 1,431,285 1,313,092 9.0% Accumulated profits 1,836,988 1,787,084 2.8% Equity attributable to the shareholder of the Com

  14. Slide 14: Appendix – Cash flow statement

    3 Appendix – Cash flow statement Unaudited consolidated Cash flow statement – simplified1 CZK '000 9M 2020 Cash flows from principal economic activity (operating activity) Profit from ordinary activity before tax 583,135 Adjustments for non-cash transactions 365,370 Depreciation/amortisation of non-

  15. Slide 15: Appendix – Financial performance annually

    3 Revenue Appendix – Financial performance annually Operating profit CZKm CZKm Guidance1 6,150 – 6,450 5,959 1500 16.3% 30,00% 5,340 13.7% 14.0% 4,555 1300 1100 970 10,00% 900 748 -10,00% 622 700 500 -30,00% 300 -50,00% 100 -100 -70,00% FY 2017 FY 2018 FY 2019 FY 2020 FY 2017 FY 2018 FY 2019 Operati

  16. Slide 16: Appendix – Company's structure

    3 Appendix – Company's structure1 Česká zbrojovka Partners SE HOLDING COMPANIES OPERATING COMPANIES NO ASSET COMPANIES Czech Republic 90.76% CZG – Česká zbrojovka Group SE (“CZG”) Czech Republic 100% 99.32% 100% 100% 100% 100% CZG-Česká zbrojovka Group International CZ-US CZ Export Praha, s.r.o. Čes

CZG – Česká zbrojovka Group — 9M 2020 Earnings Presentation on 6ix