Avgol Industries 1953 Ltd · TASE:AVGL
Avgol Industries 1953 — Q1 2022 Earnings Presentation
15 slides from Avgol Industries 1953's earnings presentation, May 3, 2022
Slide 1: Financial Results Q1/2022
למסמך הנגיש לחץ כאן Financial Results Q1/2022 Tommi Bjornman – CEO Sivan Yedidsion – CFO 1 © Avgol Industries 1953 Ltd. 2022
Slide 2: Disclaimer
Analyst Conference | Disclaimer המידע הכלול במצגת וכל מידע אחר שיימסר במהלך הצגת המצגת (להלן – "המידע") אינו מהווה.)" בע"מ (להלן – "החברה1953 מצגת זו הוכנה ע"י חברת אבגול תעשיות ▪ המידע ניתן לצורך הנוחות בהצגת הנתונים. וכן לא מהווה תחליף לשיקול דעת של משקיע פוטנציאלי, ואינו מהווה המלצה
Slide 3: Who We Are
Analyst Conference I Who We Are AVGOL is a world leader in the development, manufacturing and marketing of nonwoven fabrics for diapers, adult incontinence products, disposable feminine hygiene products, disposable medical products, wipes, fabrics used to produce masks, gowns and additional medical
Slide 4: Who we are
Analyst Conference | Who we are Hygiene Market Raw material Technology Consumer Focus Covering Baby diapers , Feminine Care, Adult Mainly Polypropylene Spunmelt / Meltblown Working to bring innovative solutions Incontinence, PPE and medical We aspire to: • grow and strengthen our position by expandi
Slide 5: Who We Are
Analyst Conference | Who We Are Our Vision: We Aspire to Create Nonwoven Innovations to Enhance Quality of Life Our team ~800 employees in the Global commercial and technical team Global • 5 production sites in Israel, USA, China, Russia and India supplying more than 30 countries. • A production sit
Slide 6: What We Do
Analyst Conference | What We Do Enhancement Spunbond Meltblown “SMS” • Provides strength and base performance • Structure useful in filtration and wipe materials • Combination of one or more Spunbond • Additives, colorants, topical treatments beams and one or more Meltblown beams modification can be
Slide 7: Sustainability
Analyst Conference | sustainability ▪ We are continuing our efforts to achieve our innovation strategy targets and to lead the nonwoven fabrics market towards unique solutions in the field of sustainability, including our collaboration with Polymateria to develop Biodegradable Nonwoven fabrics. ▪ In
Slide 8: New Plant India and New Line in Russia Project Update
New Plant India | Project Update ▪ Avgol continues to focus on strategic growth ,including the construction of a new plant in India, we completed the construction stage of the building, and the production line is now in the trial-run stage ▪ The new plant will support the growing demand for our prod
Slide 9: Quarterly Financials Highlights
Analyst Conference I Quarterly Financials Highlights USD Mn Q1’22 Q4’21 Q3’21 Q2’21 Q1’21 Revenues, net 115 137 127 112 96 Gross Profit 26 25 14 15 10 12 6 1 1 - Net Profit 10.7% 4.7% 0.8% 0.5% 0.2% 23 22 12 13 8 EBITDA 20.3% 16.2% 9.3% 11.4% 8.6% 16 20 19 22 20 EBITDA Underlying 13.7% 14.5% 14.7% 1
Slide 10: Financial Results 1Q'2022
Financial Results 1Q’2022 Revenues of $114.7M vs $96.0M in 1Q’2021 The price level of the raw materials at the end of 2021 was higher than the price level at the end of 2020, leading to an increase in the company’s revenues during Gross Profit the quarter compared to the corresponding period last ye
Slide 11: Financial Results 1Q'2022 EBITDA
Financial Results 1Q’2022 EBITDA USDK EBITDA of $23.2M vs $8.2M in 1Q’2021 20% $23 16% The decrease in Polypropylene prices during the fourth quarter of 2021, positively $19 $15 11% affected our margins during the period, resulting in $7.5M of Lag effect gains, 9% $11 8% compared to a sharp increase
Slide 12: Raw Material | Polypropylene Price Index
Raw Material | Polypropylene Price Index During the fourth quarter of 2021, the raw materials price indices began an average downward trend. At the end of the current quarter, the raw materials prices indices began rising again, which derived, inter alia, as a result of the war between Russia and th
Slide 13: Financial Result 1Q'2022
Financial Result 1Q’2022 Net Financing of $1.2M vs $0.4M in 1Q’2021 Exchange-rate differential income decreased during the period by about USD 1.1 million compared to the corresponding period last year. The interest expenses in respect of long-term loans, bonds and factoring decreased by about USD 0
Slide 14: Balance Sheet
Analyst Conference I Balance Sheet As on Mar 31 As on Dec 31 As on Mar 31 As on Dec 31 2022 2021 2022 2021 K'USD K'USD K'USD K'USD CURRENT LIABILITIES CURRENT ASSETS Short-term credit and current maturities of Cash and cash equivalents 48,890 65,941 10,960 19,443 long-term loans from banking corpora
Slide 15: © Avgol Industries 1953 Ltd. 2022
© Avgol Industries 1953 Ltd. 2022
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