Slide 1: Q2 Report | July 28, 2021
Q2 Report | July 28, 2021 Dr. Ralf Koeppe | CEO Dr. Kerstin Reden | CFO Stephan Weber | CSO
Slide 2: Update WashTec AG, Financials Q2 2021, Backup
1 | Update WashTec AG 2 | Financials – Q2 2021 3 | Backup 2 | Q2 report | July 28,2021 | WashTec AG
Slide 3: myWashtec is the platform for WashTec's digital offers
myWashtec is THE PLATFORM that gives our customers access to WashTec‘s digital offers 3 | Q2 report | July 28,2021 | WashTec AG
Slide 4: Project progress and supply chain situation – tense but still manageable
Project progress and supply chain situation – tense but still manageable 4 | Q2 report | July 28,2021 | WashTec AG
Slide 5: Financials – Q2 2021
1 | Update WashTec AG 2 | Financials – Q2 2021 3 | Backup 5 | Q2 report | July 28,2021 | WashTec AG
Slide 6: Q2 at a glance – Revenue on pre-corona level; very strong EBIT performance
Q2 at a glance – Revenue on pre-corona level; very strong EBIT performance Revenue ▪ Double-digit revenue growth in all main product segments; strong contribution from direct sales € 110.2 m up 25 % ▪ EBIT margin at 13%; EBIT up more than three times driven by strong revenue performance as well EBIT
Slide 7: Q2 – Equipment, service and chemicals up over 20%
Q2 – Equipment, service and chemicals up over 20% Equipment and service Chemicals Other +20.2 (+26.9%) +2.2 95.4 (+20.2%) 75.2 13.1 -0.3 (-15.0%) 10.9 2.0 1.7 in €m Q2 Q2 Q2 Q1 Q2 Q2 2020 2021 2020 2021 2020 2021 7 | Q2 report | July 28,2021 | WashTec AG
Slide 8: Q2 development by region – Strong performance driven by Europe
Q2 development by region – Strong performance driven by Europe NA EUROPE APAC Revenue -4.3% +32.7% +12.2% NA EUROPE APAC EBIT +42.9% +396.3% 0.0% 8 | Q2 report | July 28,2021 | WashTec AG
Slide 9: Q2 – Revenue and EBIT outperform prior years
Q2 – Revenue and EBIT outperform prior years in €m EBIT in % 12% 6% 4% 13% 108.6 110.2 106.7 88.1 14.5 12.9 6.6 3.5 Q2 Q2 Q2 Q2 2018 2019 2020 2021 9 | Q2 report | July 28,2021 | WashTec AG
Slide 10: Q2 YTD - Revenue & EBIT close to 2018 pre-crisis level; FCF significantly improved
Q2 YTD - Revenue & EBIT close to 2018 pre-crisis level; FCF significantly improved in €m -3% -2% +11% 200.1 199.1 12% 6% 4% 13% 195.0 48% 175.4 -2% 96% 246% 14.2 18.3 18.0 9.6 9.2 -4.9 5.2 -20.1 HY HY HY HY HY HY HY HY HY HY HY HY 2018 2019 2020 2021 2018 2019 2020 2021 2018 2019 2020 2021 FCF inclu
Slide 11: Q2 YTD – Revenue growth driven by Equipment, Service & Chemicals
Q2 YTD – Revenue growth driven by Equipment, Service & Chemicals Equipment and service Chemicals Other +18.3 (+12.4%) +2.0 166.0 (+8.4%) 147.7 25.8 -0.7 23.8 (-17.9%) 3.9 3.2 in €m HY HY HY HY HY HY 2020 2021 2020 2021 2020 2021 11 | Q2 report | July 28,2021 | WashTec AG
Slide 12: Q2 YTD – Europe
Q2 YTD – Europe in €m Revenue 167 169 163 ▪ Revenue up 16% compared to the prior year, 140 however, still approx. 3% below pre-crisis level HY HY HY HY ▪ Direct sales significantly above prior year 2018 2019 2020 2021 EBIT ▪ Double-digit EBIT ratio of 11% 13% 9% 6% 11% 22 17 ▪ Guidance for 2021: Sig
Slide 13: Q2 YTD – North America
Q2 YTD – North America in €m Revenue 33 ▪ Revenue 12% down driven by lower sales to key 31 28 29 accounts HY HY HY HY ▪ Direct sales significantly above prior year 2018 2019 2020 2021 EBIT ▪ Significant EBIT improvement -9% -19% -6% 2% 0.6 ▪ Guidance for 2021: Significant revenue and EBIT -1.8 growt
Slide 14: Q2 YTD – APAC
Q2 YTD – APAC in €m Revenue 8.4 8.1 ▪ Revenue 2% up. Positive performance in AUS 7.4 7.6 overcompensate decline in China HY HY HY HY ▪ Significant EBIT improvement 2018 2019 2020 2021 ▪ Guidance for 2021: Revenue and EBIT stable EBIT -3% -15% -4% 6% 0.5 -0.3 -0.3 -1.2 HY HY HY HY 2018 2019 2020 2021
Slide 15: June 2021 Balance Sheet – Significant improvement of NOWC; solid balance sheet structure
June 2021 Balance Sheet – Significant improvement of NOWC; solid balance sheet structure in €m 89.9 94.4 33.0 60.5 86.5 81.5 29.8 30.1 25.3 42.2 26.0 15.9 HY HY HY HY HY HY HY HY HY HY HY HY 2018 2019 2020 2021 2018 2019 2020 2021 2018 2019 2020 2021 NOWC Equity Ratio Net Debt 15 | Q2 report | July
Slide 16: Guidance 2021
Guidance 2021* 2020 Guidance 2021** Revenue € 378.7m significant increase of over 9% EBIT € 20.1m significant increase, with an EBIT-Ratio of round 10% FCF after lease payments € 36.9m significant decrease ROCE 10.5% significant increase * This guidance is subject to uncertainties ** stable < 3 %; s
Slide 17: Backup
17 | Q2 report | July 28,2021 | WashTec AG
Slide 18: Financial Calendar 2021
Financial Calendar 2021 July 28, 2021 Q2 Report 2021 October 27, 2021 Quarterly statement Q1 – 3 2021 November 22 – 24, 2021 Equity Forum, online 18 | Q2 report | July 28,2021 | WashTec AG