Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — Q3 2023 Earnings Presentation
17 slides from Manitou Bf Sa's earnings presentation, Oct 26, 2023
Slide 1: Q3 2023 Revenues
Q3 2023 Revenues Michel Denis - President and CEO Hervé Rochet - Chief Financial Officer 1
Slide 2: Disclaimer
2 Disclaimer This presentation includes only summary information and does not in any way purport to be comprehensive. None of the Company or any of its affiliates, directors, officers, advisors and employees accepts any obligation, liability, claim or remedy for any loss arising from any use of these pr
Slide 3: Highlights
3 Highlights » 9-month 23 sales of €2,058m, +26% vs. 9-month sales 22, +27% like for like(1) » Q3 23 revenues of €656m, +14% vs. Q3 22 » Q3 23 order intake on equipment of €216m vs. €588m in Q3 22 » End of Q3 23 order book(2) on equipment at €2,718m vs. €3,666m in Q3 22 Continued high level of activ
Slide 4: Group's life
4 Group’s life » France : Investment in a new mechanical welding workshop in Candé to support the group's growth in aerial work platforms. A €60m project with a commissioning scheduled for 2025. » India : Inauguration of a new spare parts logistic center to support the group’s ambitions to develop i
Slide 5: Group's life
5 Group’s life » USA : Inauguration of the Madison facility expansion to increase production capacity of mini loaders and improve working environment, & its 50th anniversary. » Corporate : Broadcast of the 3rd edition of “On the way up” program dedicated to environmental and social issues, followed
Slide 6: Group's life
6 Group’s life » Manitou Group wins the 2023 Sustainable industry award in the decarbonization category, recognizing the innovation and sustainability of the group’s hydrogen program. » Equipment Today’s 2023 Top 50 New Product awarded to the new V series compact skid loaders and VT compact track lo
Slide 7: Q3 Revenue Matrix
7 Q3 23 Revenue Matrix S&S : Services and Solutions Faster-growing boxes (vs.avg) shown in green Q3 2023 Revenues | October 26th, 2023
Slide 8: Evolution Q3 2023 vs Q3 2022
8 Evolution Q3 2023 vs Q3 2022 Q3 2023 Revenues | October 26th, 2023
Slide 9: 9 months Revenue Matrix
9 9 months Revenue Matrix S&S : Services and Solutions Faster-growing boxes (vs.avg) shown in green Q3 2023 Revenues | October 26th, 2023
Slide 10: Evolution 9 months 2023 vs 9 months 2022
10 Evolution 9 months 2023 vs 9 months 2022 Q3 2023 Revenues | October 26th, 2023
Slide 11: Evolution vs 2022
11 Evolution vs 2022 * at constant scope and exchange rates : definition in appendix Q3 2023 Revenues | October 26th, 2023
Slide 12: Order intake and order book on equipment (€m)
12 Order intake and order book on equipment (€m) The order intake suspension over some product lines helped to reduce the order book, which remains at a deep level. Q3 2023 Revenues | October 26th, 2023
Slide 13: Product division Operational review
13 Product division Operational review » High level of activity (sales and production) » Improved upstream supply-chain fluidity » Slowdown in construction and to a lesser extent agriculture markets, particularly in Europe » Limited order intake due to the depth of the order book, the slowdown in mar
Slide 14: S&S division Operational review
14 S&S division Operational review » Activity continues at a sustained level » Improvement in upstream supply chain tensions » Commissioning of new logistics platform in India » Continued deployment of digital tools Activity at a high level Q3 2023 Revenues | October 26th, 2023
Slide 15: Group - 2023 Outlook
15 Group - 2023 Outlook » Expected revenue growth of around 20% in 2023 compared with 2022 » Expected recurring operating profit in 2023 of around 6.5% of revenues Q3 2023 Revenues | October 26th, 2023
Slide 16: Appendix - Definition
16 Appendix - Definition Like for like, so at constant scope and exchange rates : » Scope : - for the company Lifttek acquired in May 2022, restatement from January 1 of the current year to the anniversary date of its acquisition ; - for the companies acquired in 2023 (easyLi in January 2023 and GI.E
Slide 17: Thank you
yy» THANK YOU SET THE WORLD MANITOU | IN MOTION