Eurotech S.p.a. · MIL:ETH
Eurotech — H1 2020 Earnings Presentation
16 slides from Eurotech's earnings presentation, Sep 7, 2020
Slide 1: 2020 First Half Results Conference Call
2020 FIRST HALF RESULTS CONFERENCE CALL September 7th, 2020
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Eurotech S.p.A. (or “Eurotech”) and has to be read in conjunction with its oral presentation. The information contained in this presentation does nor purport to be comprehensive. Neither Eurotech nor any of its officers, employees, advisers or agents
Slide 3: Financial Highlights 30 June 2020
FINANCIAL HIGHLIGHTS 30 June 2020 3 3
Slide 4: Revenues
REVENUES 30 June 2020-2019 (€/000) 60 50 -31.8% 40 30 20 10 - 2020 6M 2019 4
Slide 5: Revenues by Geographic Area
REVENUES BY GEOGRAPHIC AREA 30 June 2020-2019 (€/000) €'000 6M 2020 % 6M 2019 % var. % BREAKDOWN BY GEOGRAPHIC AREA European Union 6,411 17.7% 11,855 22.4% -45.9% United States 14,901 41.2% 27,134 51.2% -45.1% Japan 12,316 34.0% 12,153 22.9% 1.3% Other 2,560 7.1% 1,896 3.6% 35.0% TOTAL SALES AND SER
Slide 6: Gross Profit Margin
GROSS PROFIT MARGIN 30 June 2020-2019 (€/000) 30 49.7% 25 52.4% 20 15 10 5 - 6M 2020 2019 6
Slide 7: EBITDA
EBITDA 30 June 2020-2019 (€/000) 12 20.5% 10 10,874 8 6 4 8.9% 3,207 2 - 6M 2020 2019 7
Slide 8: EBIT
EBIT 30 June 2020-2019 (€/000) 10 16.9% 9 8 7 6 5 4 3 2 3.1% 1 - 6M 2020 2019 8
Slide 9: Group's Net Result
GROUP’s NET RESULT 30 June 2020-2019 (€/000) 16.7% 1.6% 577 6M 2020 2019 9
Slide 10: Net Debt
NET DEBT 30 June 2020, 31 December 2019 and 30 June 2019 (€/000) at Jun 30, 2020 at Jun 30, 2020 at Dec 31, 2019 at Jun 30, 2019 (NO IFRS 16) 10
Slide 11: Equity, Cash and Net Debt
EQUITY, CASH AND NET DEBT 30 June 2020 and 31 December 2019 (€/000) 140,000 120,000 100,000 80,000 60,000 30,047 30,687 12,249 10,059 40,000 20,000 0 at Jun 30, 2020 at Dec 31, 2019 SHAREHOLDERS' EQUITY NET FINANCIAL POSITION CASH & CASH EQUIVALENTS 11
Slide 12: Net Working Capital
NET WORKING CAPITAL 30 June 2020 ,31 December 2019 and 30 June 2019 (€/000) at Jun 30, 2020 at Dec 31, 2019 at Jun 30, 2019 12
Slide 13: Employees
EMPLOYEES Headcount at the end of each period 0 0 0 0 0 at Jun 30, 2020 at Dec 31, 2019 at Jun 30, 2019 13
Slide 14: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT €'000 6M 2020 % 6M 2019 % OPERATING RESULTS SALES REVENUES 36,188 100.0% 53,038 100.0% GROSS PROFIT 18,978 52.4% 26,340 49.7% EBITDA 3,207 8.9% 10,874 20.5% EBIT 1,111 3.1% 8,944 16.9% PROFIT (LOSS) BEFORE TAXES 1,296 3.6% 8,692 16.4% GROUP NET PROFIT (LOSS) FOR THE PER
Slide 15: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET at Jun 30, 2020 at Dec 31, 2019 (€'000) at Jun 30, 2020 at Dec 31, 2019 LIABILITIES AND EQUITY (€'000) Share capital 8,879 8,879 Share premium reserve 136,400 136,400 ASSETS Other reserves ( 19,896) (20,623) Intangible assets 90,073 88,905 Group shareholders' equity 125,38
Slide 16: Thank You!
Thank You! www.eurotech.com