Bertrandt Ag · XETR:BDT
Bertrandt — Q1 2022/2023 Earnings Presentation
16 slides from Bertrandt's earnings presentation, Feb 15, 2023
Slide 1: Analyst & Investor Conference Call Q1 2022/2023
Analyst & Investor Conference Call Q1 2022/2023 Markus Ruf February 2023 0
Slide 2: At a glance
At a glance P&L | Total revenues EUR 280.5m (+20.3% yoy) | EBIT: EUR 11.496m | margin: 4.1% Cashflow | Investments EUR 7.6m | FCF EUR +46.1m Balance Sheet | BS total: EUR 931.5m | Equity EUR 438.4m | Equity Ratio 47.1% Employees | 13,416 (+10.8%/+1,308 yoy of which 433 at Philotech, +237 qoq) Vacanc
Slide 3: Highlights
Highlights − Solid demand across German and international markets − Total revenues at EUR 280.5m in Q1 2022/2023 (+20% yoy, organic growth +15% yoy) − Double-digit growth in international subsidiaries − EBIT of EUR 11.5m (+16% yoy) − High level of sick leave, fewer working days and cost inflation sl
Slide 4: Highlights – HR
Highlights – HR − Successful recruiting: 13,416 employees as of 31/12/2022 (+1,308 yoy of which 433 Philotech Group) − More than 36,000 CVs received in Q1 2022/2023 − Inflation compensation bonus for employees − Further international expansion: subsidiary in Marocco to be opened soon Analyst Confere
Slide 5: Automotive market development
Automotive market development ▪ Heterogenous car markets in Q1, ▪ Regulatory initiatives further ▪ Cost and efficiency pressure but improving mood among progressing: EU7 not only ongoing and addressed German OEMs based on ifo survey impacting ICE cars ▪ Supply shortages only slowly ▪ Major customers
Slide 6: Aerospace
Aerospace − Solutions for climate-neutral flying are being driven forward − OEMs enjoy strong aircraft demand − R&D sourcing further normalizing after pandemic-related drop Analyst Conference Call Bertrandt AG I February 15, 2023 *Source: Global Services Forecast (GSF) / Airbus 5
Slide 7: Industries
Industries Electrical industry: Medical technology: Mechanical & Plant Engineering: Forecast 2023: Forecast 2023: Europe +3.0%, Clouded expectations due Forecast 2023: Germany +7.0 % to rising gas, energy and -2% logistics costs, among other things Analyst Conference Call Bertrandt AG I February 15,
Slide 8: Group P&L Q1 2022/2023
Group P&L Q1 2022/2023 Q1 2022/23 Q1 2021/22 EUR million EUR million ∆ EUR million • Project-related increase in use of external capacities Total revenues 280.469 233.167 47.302 resulted in inflated material costs Other operating income 1.649 2.349 -700 Raw materials and consumables used -35.791 -23
Slide 9: All segments recorded growth
All segments recorded growth Q1 2022/23 % yoy Q1 2021/22 • Digital Engineering: solid demand for engineering services • Physical Engineering: ramp-up still burdening • Electric/Electronic: mobility mega-trends driving topline, consolidation of Philotech Group Analyst Conference Call Bertrandt AG I F
Slide 10: Forecast FY 2022/2023
Forecast FY 2022/2023 − Regionally heterogeneous economic conditions − External factors (pandemic, energy availability, inflation) outside management's sphere of influence − Environmental policy measures require innovations in mobility and other industries − Growth prospects for Engineering Service
Slide 11: Forecast 2022/2023
Forecast 2022/2023 EUR 60-100m 4.1-7% Positive EUR 25-40m increase EBIT margin Cashflow from CapEx in total revenues (prior year: 4.1%) operating activities Analyst Conference Call Bertrandt AG I February 15, 2023 10
Slide 12: Back-up: Financial calendar
INVESTOR PRESENTATION Bertrandt AG BACK-UP: FINANCIAL CALENDAR 11
Slide 13: Back-up: Financial calendar
Back-up: Financial calendar 22 February 2023 Annual General Meeting 11 May 2023 Q2 release, Capital Market Day Ehningen 07 August 2023 Q3 release 14 December 2023 FY 2022/2023, Analyst and Press conference FY 2021/2022 Annual & ESG report Analyst Conference Call Bertrandt AG I February 15, 2023 12
Slide 14: Thank you for your attention
bertrancde = 9 < , #4 7 “Zi ees sie LI % E Thank you for your attention
Slide 15: Contact details
Contact details Markus Ruf Member of the Board, Finance Björn Voss Head of Group Investor Relations Bertrandt AG, Birkensee 1, 71139 Ehningen Vice President Commercial (Bertrandt Ingenieurbüro GmbH) +49 7034 656 13076 bjoern.voss@bertrandt.com www.bertrandt.com Analyst Conference Call Bertrandt AG I
Slide 16: Legal notice
Legal notice This presentation contains inter alia certain foresighted statements about future developments, which are based on current estimates of management. Such statements are subjected to certain risks and uncertainties. If one of these factors of uncertainty or other imponderables should occu