Salzgitter Ag · XETR:SZG
Salzgitter — 9M 2020 Earnings Presentation
14 slides from Salzgitter's earnings presentation, Nov 13, 2020
Slide 1: Results of the first nine months 2020
Results of the first nine months 2020 SZAG Investor Relations english Salzgitter, November 13, 2020
Slide 2: Financials: Key data per 2020/09/30
Financials Key data per 2020/09/30 9M 2020 9M 2019 Δ Q3 2020 Q2 2020 Q1 2020 Crude steel production kt 4,334.2 5,060.1 -725.9 1,381.5 1,271.2 1,681.5 External sales1 € million 5,264.3 6,637.3 -1,373.0 1,633.4 1,522.7 2,108.3 Earnings before tax € million -224.4 40.7 -265.1 -96.6 -96.4 -31.4 Earnings
Slide 3: Income statement
Financials Income statement Income Statement (€ million) 9M 2020 9M 2019 Δ Sales 5,264.3 6,637.3 -1,373.0 Increase/decrease in finished goods and work in process/other own -154.8 2.3 -157.1 work capitalized 5,109.6 6,639.7 -1,530.1 Other operating income 186.7 188.0 -1.3 Cost of materials 3,358.5 4,
Slide 4: Consolidated balance sheet: Assets
Financials Consolidated balance sheet Assets (€ million) 30.09.2020 31.12.2019 Δ Non-current assets 4,188.8 4,099.0 89.8 Intangible assets, property, plant and equipment 2,387.0 2,343.0 44.0 Investment property 80.9 82.0 -1.1 Financial assets 56.2 64.7 -8.4 Investments accounted for using the equity
Slide 5: Consolidated balance sheet: Equity and liabilities
Financials Consolidated balance sheet Equity and liabilities (€ million) 30.09.2020 31.12.2019 Δ Equity 2,631.6 2,938.7 -307.0 Subscribed capital 161.6 161.6 0.0 Capital reserve 257.0 257.0 0.0 Retained earnings 2,546.2 2,845.2 -299.0 Other reserves 16.3 23.0 -6.6 Unappropriated retained earnings 12
Slide 6: Cash flow statement
Financials Cash flow statement (€ million) 9M 2020 9M 2019 Δ Cash and cash equivalents at the start of the period 700.5 555.6 144.9 Cash flow from operating activities -96.5 77.7 -174.2 Cash flow from investment activities -228.8 -378.1 149.3 Cash flow from financial activities -27.7 193.3 -221.0 Ch
Slide 7: Strip Steel Business Unit
Financials Strip Steel Business Unit 9M 2020 9M 2019 Δ Q3 2020 Q2 2020 Q1 2020 External sales € million 1,384.9 1,730.1 -345.1 482.1 336.6 566.2 Order bookings kt 3,010.9 3,347.2 -336.3 1,176.9 640.9 1,193.1 Order backlog1 kt 889.6 910.2 -20.5 889.6 779.4 917.8 EBITDA € million 23.0 243.2 -220.3 10.
Slide 8: Plate / Section Steel Business Unit
Financials Plate / Section Steel Business Unit 9M 2020 9M 2019 Δ Q3 2020 Q2 2020 Q1 2020 External sales € million 530.3 630.6 -100.3 167.1 168.7 194.5 Order bookings kt 1,399.8 1,429.2 -29.3 434.3 381.7 583.8 Order backlog1 kt 287.3 243.8 43.5 287.3 274.2 369.4 EBITDA € million -42.8 22.7 -65.4 -30.
Slide 9: Mannesmann Business Unit
Financials Mannesmann Business Unit 9M 2020 9M 2019 Δ Q3 2020 Q2 2020 Q1 2020 External sales € million 723.3 842.1 -118.8 228.8 198.6 295.9 Order bookings € million 762.9 1,065.9 -303.0 265.1 178.3 319.5 Order backlog1 € million 357.7 481.4 -123.7 357.7 347.8 402.3 EBITDA € million -2.0 50.7 -52.7 -
Slide 10: Trading Business Unit
Financials Trading Business Unit 9M 2020 9M 2019 Δ Q3 2020 Q2 2020 Q1 2020 External sales € million 1,667.9 2,294.5 -626.6 438.7 525.8 703.4 Shipments kt 2,361.1 3,027.7 -666.6 636.7 746.9 977.5 EBITDA € million -8.4 25.1 -33.5 -3.3 -10.8 5.8 EBT € million -22.9 3.3 -26.2 -7.1 -16.1 0.3 Core workfor
Slide 11: Technology Business Unit
Financials Technology Business Unit 9M 2020 9M 2019 Δ Q3 2020 Q2 2020 Q1 2020 External sales € million 853.6 1,000.9 -147.3 279.1 264.3 310.3 Order bookings kt 841.9 1,010.0 -168.1 283.4 221.2 337.3 Order backlog1 kt 626.4 716.4 -90.1 626.4 618.2 739.3 EBITDA € million 8.4 41.1 -32.6 3.9 -8.1 12.6 E
Slide 12: Industrial Participations / Consolidation
Financials Industrial Participations / Consolidation 9M 2020 9M 2019 Δ Q3 2020 Q2 2020 Q1 2020 External sales € million 104.2 139.1 -34.9 37.6 28.7 38.0 EBITDA € million 57.2 -30.9 88.1 14.8 51.0 -8.5 EBT € million 20.2 -53.9 74.1 2.8 38.8 -21.3 Core workforce1 2,608 2,658 -50 2,608 2,617 2,629 SZAG
Slide 13: Guidance: Business Units Forecast 2020
Guidance Business Units – Forecast 2020 Strip Steel Plate / Section Steel Mannesmann Trading Technology Order intake recovered in the Market situation and demand LD pipe mills: unsatisfactory Prospects in international KHS Group: negative third quarter to normal level will remain tight cap
Slide 14: Salzgitter Group Guidance and Legal Note
Guidance Salzgitter Group – Guidance The Salzgitter Group anticipates for the financial year 2020: a notable reduction in sales, a pre-tax result roughly in the year-earlier range (€– 253.3 million) excluding potential special effects in the context of the annual accounts, as well as a return