Delignit Ag · XETR:DLX

Delignit — Non-Deal Roadshow (November 2019)

27 slides from Delignit's roadshow presentation, Nov 26, 2019

  1. Slide 1: Company Presentation

    Company Presentation Delignit AG www.delignit.com | November 2019

  2. Slide 2: Delignit at a glance

    Delignit at a glance STRONG COMPETITIVE POSITION & SOUND GROWTH PROFILE Market leader for technological system solutions based on sustainable raw materials System and development partner for the automotive & railway industries Excellent visibility on growth thanks to strong order backlog Extensive m

  3. Slide 3: Dynamic business development

    Dynamic business development REVENUE / EBITDA / EQUITY RATIO DEVELOPMENT IN € M / % 2010* 2018 CAGR + 11 % 60.3 25.7 Revenue CAGR + 19 % 5.6 EBITDA 1.4 + 8 pp 49% 41% Equity ratio © Delignit AG / November 2019 *Adjusted for the deconsolidation of the Romanian holdings 3

  4. Slide 4: Agenda

    Agenda Business model & strategy Recent developments Outlook Delignit share Appendix © Delignit AG / November 2019 4

  5. Slide 5: Delignit's unique competitive strengths drive differentiation

    Delignit‘s unique competitive strengths drive differentiation KEY COMPETENCES & DIFFERENTIATION + + Application & Superior Material Development Competence Fundamental Process Qualities Know-How One-stop shop solution provider for system solutions Technological edge protected by trademarks and patent

  6. Slide 6: CO2-neutral product lifecycle

    CO2-neutral product lifecycle DELIGNIT ECOLOGICAL FOOTPRINT Sustainability Renewable raw approved material Recycling / Thermal use Innovative product CO2- neutral System solution © Delignit AG / November 2019 6

  7. Slide 7: Growing demand across both market segments underscores strong growth profile

    Growing demand across both market segments underscores strong growth profile OVERVIEW TARGET MARKETS Automotive Dynamic Global LCV-Market CAGR +6% 118% 125% 106% 112% 100% 2019 2020E 2021E 2022E 2023E Source PRNewswire; Press release (14.11.2018) Market development Railfloor until 2022 Technological

  8. Slide 8: Corporate growth strategy as a driver of value creation

    Corporate growth strategy as a driver of value creation KEY STRATEGIC OBJECTIVES Technological Leadership  Light-weight materials  Innovative solutions Geographic End-market Expansion Diversification  Transfer existing  Cross-selling solutions in leading  Higher revenue markets per vehicle  Ne

  9. Slide 9: Agenda

    Agenda Business model & strategy Recent developments Outlook Delignit share Appendix © Delignit AG / November 2019 9

  10. Slide 10: Healthy business development results in solid balance sheet

    Healthy business development results in solid balance sheet IFRS CONSOLIDATED BALANCE SHEET 2019 HALF-YEAR FIGURES IN € M / % Balance sum 44.7 44.7 19.0 Equity Fixed assets 20.0 (43 %) (45 %) 14.8 Other liabilities (33 %) Working Capital 24.3 (54 %) 10.9 Financial liabilities (24 %) 0.4 Cash (1 %) A

  11. Slide 11: 2019 is characterised by the entry into the strongly growing caravan market

    2019 is characterised by the entry into the strongly growing caravan market IFRS CONSOLIDATED REVENUE AND EBITDA HALF-YEAR FIGURES IN € M Revenue EBITDA ~3,1* + 8%  Temporarily ramp-up costs for the + 10% ~ caravan business + 8% + 16% 0,7  Last minute order changes due to OEM adjustments 32.3 29.4

  12. Slide 12: Milestone order for caravan series with revenues up to more than € 10m p.a.

    Milestone order for caravan series with revenues up to more than € 10m p.a. KEY FACTS MOBILE CARAVAN ORDER Key Facts caravan order  Standardised caravan interior systems in two editions  Lifetime value in the high double-digit million range  Revenue contribution up to € 10m p.a. after ramp-up  S

  13. Slide 13: Successful launch of the OEM contracts 2016 provides a solid basis

    Successful launch of the “OEM contracts 2016” provides a solid basis for upcoming years in the LCV business STATUS OF THE TWO MAJOR SERIAL ORDERS FROM 2016 Key facts major OEM serial orders Partition wall Wooden, hard-fibre & plastic panels  Successful Start of Production (SOP) of „OEM project I“ i

  14. Slide 14: Recent railway orders prove Delignit's expertise as a system provider

    Recent railway orders prove Delignit’s expertise as a system provider for Technological Applications OVERVIEW RAILWAY BUSINESS Mid-speed train system solution Strong positioning in railway solutions  As a full service provider Delignit offers complete development and construction of system floors w

  15. Slide 15: Delignit intends to focus on growth through geographic expansion

    Delignit intends to focus on further growth opportunities through geographic expansion GEOGRAPHIC FOOTPRINT OF DELIGNIT GROUP / EXPORT SHARE HALF-YEAR IN % Delignit North America Inc. Blomberger Holzindustrie GmbH DHK automotive GmbH Atlanta, USA Blomberg, Germany Oberlungwitz, Germany Export share

  16. Slide 16: Agenda

    Agenda Business model & strategy Recent developments Outlook Delignit share Appendix © Delignit AG / November 2019 16

  17. Slide 17: Selected development projects in lightweight construction

    Selected development projects in lightweight construction LIGHTWEIGHT PROJECTS / TARGET MARKETS (EXAMPLES) Plywood-PP- Honeycomb-Hybrid Combination of coventional and high-tensile materials dunacore® 2.0 Lighweight solution made out of sustainable raw materials Carbonwood High-performance composite

  18. Slide 18: Delignit obtains serial order for new electric van

    Delignit obtains serial order for new electric van ORDER HIGHLIGHTS NEW ELECTRIC VAN / GLOBAL ELCV MARKET Order highlights Dynamic Global eLCV-Market  System floor solution for new electric van 569%  Composite based on renewable raw materials and a lightweight honeycomb CAGR +28%  Revenue potenti

  19. Slide 19: Delignit continues its consistent growth trajectory

    Delignit continues its consistent growth trajectory GROUP-REVENUE IN € M / EBITDA-MARGIN IN % EBITDA- 5.4% 6.8% 8.7% 9.4% 8.0% 7.5% 7.5% 9.2% 9.3% 6-7% Margin 64.0 60.3 52.7 48.6 42.7 44.4 34.1 35.3 30.6 25.7 2010* 2011 2012 2013 2014 2015 2016 2017 2018 Guidance 2019 Revenue Guidance 2019 *Adjusted

  20. Slide 20: Delignit Vision 2023

    Delignit Vision 2023 OVERVIEW REVENUE DEVELOPMENT 2010 / 2018 / GUIDANCE 2019 AND VISION 2023 IN € M Vision until 2023 Revenue CAGR 2019 > 10 % 2016 Market entry motor caravan Strategic orders for 2014 LCV series production EBITDA-Margin Major contract 2013 Railfloor > 10 % Market entry 100 passenge

  21. Slide 21: Agenda

    Agenda Business model & strategy Recent developments Outlook Delignit share Appendix © Delignit AG / November 2019 21

  22. Slide 22: The freefloat of the Delignit stock amounts to approximately 24%

    The freefloat of the Delignit stock amounts to approximately 24 %; the Delignit share increased by 6 % within the past 24 month SHAREHOLDER STRUCTURE DELIGNIT AG UND SHARE PERFORMANCE Shareholder structure Delignit share performance* 120% Delignit AG Freefloat 23.9 % 90% Scale MBB SE 76.1 % 60% 2y +

  23. Slide 23: Agenda

    Agenda Business model & strategy Recent developments Outlook Delignit share Appendix © Delignit AG / November 2019 23

  24. Slide 24: Experienced and dedicated management team

    Experienced and dedicated management team EXECUTIVE BOARD OF DELIGNIT AG Markus Büscher Thorsten Duray CEO CSO Corporate Strategy, Finance, Operations and IR Sales & Marketing  Chief Executive Officer since 2007  Chief Sales & Marketing Officer since 2007  >15 years of senior management experienc

  25. Slide 25: Delignit continues to invest into the expansion and automation of its capacities

    Delignit continues to invest into the expansion and automation of its capacities CAPEX / DEPRECIATION P.A. IN € M Investment- Press line CNC-Machining Caravan production highlights: 3.5 3.0 ~3.0 2.6 ~>2.4 1.7 1.6 1.5 1.4 1.1 2015 2016 2017 2018 Beyond 2018 Capex Average expected capex p.a. Depreciat

  26. Slide 26: Factsheet

    FACTSHEET COMPANY MANAGEMENT BOARD SUPERVISORY BOARD FULLY-CONSOLIDATED COMPANIES (share) Under the Delignit brand name, the Delignit AG develop, manufacture and sell ecological Markus Büscher (CEO) Dr. Christof Nesemeier (chairman) Blomberger Holzindustrie (100 %) materials and system solutions fro

  27. Slide 27: Disclaimer

    DISCLAIMER This publication does not constitute an offer for sale or a request to purchase Delignit AG securities. By accessing this document you agree to abide by the limitations set out hereafter. The information contained in this document relating to Delignit AG (“Delignit" or the "Company") may

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