Logwin Ag · XETR:TGHN
Logwin — FY2009 Earnings Presentation
9 slides from Logwin's earnings presentation, Mar 10, 2010
Slide 1: Full Year 2009
Logwin AG Full Year 2009 Annual Press + Analyst Conference, Frankfurt/Main –March 10, 2010
Slide 2: Key Financials
Key Financials (EUR in million) Full Year 4th Quarter 2009 2008 Δ in % 2009 2008 Δ in % Sales 1,113.0 1,407.6 -20.9% 286.9 330.7 -13.3% Gross Profit 92.3 127.6 -27.7% 18.8 29.0 -35.1% Margin 8.3% 9.1% 6.6% 8.8% Earnings Operating Income (EBIT) 9.7 28.8 -0.6 2.0 Margin 0.9% 2.0% - 0.6% Special Items
Slide 3: Segment Reporting
Segment Reporting (EUR in million) 1.000 865.7 800 690.4 Sales 600 -20.2% 553.3 FY 2008 423.9 +11.4% -0.2% FY 2009 400 -23.4% 200 0 Solutions Air + Ocean 40 +13.1% 30 Operating 23.5 Result (EBIT) FY 2008 20 14.2 FY 2009 12.3 10 1.0 0 Full Year 2009 Annual Press + Analyst Conference –March 10, 2010 /
Slide 4: Discontinued Business Operations Road + Rail
Discontinued Business Operations (EUR in million) Road + Rail FY 2009 Sales 514.6 Operating Result (EBIT) -16.1 Impairment of long-lived assets -36.5 Impairment of goodwill -27.3 Closure cost Karlsfeld locations -5.6 Other effects due to the discontinuation of the business segment Road + Rail 5.6 Ea
Slide 5: Income Statement
Income Statement (EUR in million) Full Year 4th Quarter 2009 2008 Δ in % 2009 2008 Δ in % Net Sales 1,113.0 1,407.6 -20.9% 286.9 330.7 -13.3% Purchased Services -730.5 -964.6 -24.3% -193.5 -223.8 -13.6% Other Cost of Sales -290.2 -315.4 -8.0% -74.6 -77.9 -4.3% Gross Profit 92.3 127.6 -27.7% 18.8 29.
Slide 6: Balance Sheet
Balance Sheet (EUR in million) Assets Liabilities / Shareholders‘Equity Dec. 31, Dec. 31, Dec. 31, Dec. 31, 2009 2008 2009 2008 Financial & Leasing 64.6 63.2 Cash (Equivalents) 34.9 38.6 Liabilities 138.7 123.4 129.0 Trade Accounts 133.3 Trade Accounts Receivable Payables 163.4 Liabilities of 101.5
Slide 7: Cash Flow Statement
Cash Flow Statement (EUR in million) Full Year 2009 2008 EBITDA 24.3 44.1 Interest Payments -11.9 -12.4 Income Tax Payments -1.4 -9.6 Changes in Working Capital -0.0 -5.1 Operating Cash Flow –continuing operations 7.0 15.1 Operating Cash Flow –discontinued operations 2.2 0.1 Capital Expenditure -5.0
Slide 8: Outlook
Outlook • Logwin Group is leaner and more efficient because of focusing on the business segments Solutions und Air + Ocean • Sales and earnings development in the individual business segments will depend on the overall economic development: • Solutions: depending on business performance of important
Slide 9: Logwin AG
Logwin AG Logwin AG ZIR Potaschberg | 5, an de Längten | L-6776 Grevenmacher | Tel. +352 719 690 1112 | www.logwin-logistics.com Commercial Register Luxembourg No. B40.890 | VAT registration number: LU 15339851 Executive Committee: Berndt-Michael Winter | CEO and Chairman of the Board of Directors D