H+h International A/s · OMXCOP:HH
H+h International A/s — Investor Presentation (October 2023)
20 slides from H+h International A/s's investor presentation, Oct 3, 2023
Slide 1: H+H International A/S Investor Presentation - Aktieinfo
H+H International A/S Investor Presentation - Aktieinfo 3 October 2023 ae" /../ =e. H+H PARTNERS IN WALL BUILDING o . ef 1X s Se &. ey vi
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains forward-looking statements. Such statements are subject to risks and uncertainties, as various factors, many of which are beyond the control of H+H International A/S, may cause actual developments and results to differ materially from the expecta
Slide 3: Introduction
Introduction H+H at a glance Our products and solutions Market development H1 Highlights Strategic focus Summary and outlook Questions and answers
Slide 4: H+H at a glance
H+H at a glance H+H has 27 factories in Northern and Central Europe with a total annual output of approximately four million cubic metres of wall-building materials. The Group has a leading position in most of its markets. We are committed to achieving carbon neutrality for the company’s products an
Slide 5: Products and solutions
Products and solutions Our product range is diverse and its flexibility allows for various applications. As a result, the customer segments are also diverse and provide a differentiated risk profile. Our products H+His a provider of building materials. Our core activities are the production and sale
Slide 6: Material of choice
Material of choice H+H has the materials “H+H provides affordable and sustainable walls of choice because that ensures a safe environment for you and your family” Safe Sustainable Affordable Safety comes first! Being top-class fireproof and Our wall building solutions are easy and fast to made from
Slide 7: There is a need for more homes – and H+H’s products
There is a need for more homes – and H+H’s products 200 2 300 400 7
Slide 8: Guideline comparison 2008 vs. 2023
▪ ▪ ▪ ▪ ▪ ▪ ▪ Guideline comparison 2008 vs. 2023 8
Slide 9: 12% EBITDA margin at 40% lower volumes in H1
12% EBITDA margin at 40% lower volumes in H1 H1 2023 takeaways Selected financial figures Figures in DKKm unless otherwise stated. 1) 40% volume drop 2) Double digit price increases 3) First effects from efficiency program 4) EBITDA margin of 12% bsi Sales volume Gross margin Focus going forward 1)
Slide 10: Group business improvement program to drive efficiency of our operations
Group business improvement program to drive efficiency of our operations Procurement savings Utilising market opportunities and lower demand situation for better input cost Guiding principle to defend contribution margin Strengthened group procurement function Plant network efficiency In general: en
Slide 11: Accelerate factory network optimisation
Accelerate factory network optimisation From 32 to 27 factories Using current market conditions to strategically improve our factory network originally acquired back in 2018 + Better utilization of bigger and more efficient plants Demmin to service our regional markets Kavelstorf * Stop German CSU p
Slide 12: Key takeaways
Key takeaways Historical sharp interest rate increase leading to ~40% drop in newbuild activity across Europe and directly impacting our volumes We are driving a group business improvement program to participate from procurement savings, build a more efficient network of plants and take SG&A cost ou
Slide 13: Questions and answers
Questions and answers \4 ) a
Slide 14: For further information, please contact
For further information, please contact Niclas Bo Kristensen Head of Investor Relations and Treasury nbk@HplusH.com H+H International A/S Lautrupsgade 7, 5th Floor 2100 Copenhagen © Denmark +45 35 27 02 00 info@hplush.com www.hplush.com 14
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Slide 16: Consolidated income statement
Consolidated income statement Income statement (DKK million) Revenue Cost of goods sold Gross profit before special items Sales costs Administrative costs Other operating income and costs, net EBITDA before special items Depreciation, amortisation and impairment losses EBIT before special items Spec
Slide 17: Consolidated statement of comprehensive income
Consolidated statement of comprehensive income Statement of comprehensive income (DKK million) Q2 2022 H1 2022 Full year 2022 Profit for the period Iterns that may be reclassified subsequently to profit or loss: Fair value adjustments of derivaties financial instruments Foreign exchange adjustments,
Slide 18: Consolidated balance sheet
Consolidated balance sheet Assets (DKK million) Non-current assets Goodwill Other intangible assets Property, plant and equipment Deferred tax assets Financial assets Total non-current assets. Current assets Inventories Receivables Cash Total current assets. Total assets 18 31 Dec. 2022 30 Jun. 2022
Slide 19: Consolidated balance sheet
Consolidated balance sheet Equity and liabilities (DKK million) 31 Dec. 2022 30 Jun. 2022 Equity Share capital Retained earnings Other reserves Equity attributable to H+H International A/S's sharehclders Equity attributable to non-controlling interests Total equity Non-current liabilities Pension ob
Slide 20: Consolidated cash flow statement
Consolidated cash flow statement Cash flow statement (DKK million) Operating profit (EBIT) Financial income, received Financial items, paid Depreciation and amortisation Impairment of assets associted to closed dawn factories Gain and losses on sale of assets and other non-cash effects Changs in wor
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