Kion Group Ag · XETR:KGX

Kion — Q3 2019 Earnings Presentation

22 slides from Kion's earnings presentation, Oct 24, 2019

Slide 1: KION GROUP AG Q3 2019 Update Call
KION GROUP AG Q3 2019 Update Call Gordon Riske (CEO), Anke Groth (CFO) – Frankfurt, 24 October 2019
Slide 3: Q1-Q3 2019 Financial Key Figures
Q1-Q3 2019 Financial Key Figures Continued strong performance Order intake Revenue Adj. EBIT1 Free cash flow €6.5bn €6.5bn €625m €53m +2.6% y-o-y +13.1% y-o-y +16.2% y-o-y, -€54m y-o-y Margin of 9.6% (+0.3 pp) 1. Adjusted for PPA items and non-recurring items 3 KION GROUP AG | Q3 2019 Update Call |
Slide 4: Q3 2019 Strategic Highlights
Q3 2019 Strategic Highlights KION 2027 strategy drives innovative solutions for our customers Dematic launches new micro-fulfillment solution Largest single truck order for KION North America − Powering the future − Over 600 Li-Ion trucks of commerce and automated trucks − First installation at − Co
Slide 6: Industrial Truck Market
Industrial Truck Market Challenging macroeconomic environment weighs on overall market Order intake unit growth y-o-y (in %) North America China Q4/18 Q1/19 Q2/19 Q3/19 Western Europe Q4/18 Q1/19 Q2/19 Q3/19 -9.5% -21.3% -8.5% +0.8% Q4/18 Q1/19 Q2/19 Q3/19 +3.2% +11.2% -4.5% +4.2% +4.0% -4.4% -10.4%
Slide 7: Industrial Truck Market: KION outperforms the market
Industrial Truck Market KION continues to outperform the overall market in Q3 2019 Industrial trucks: Regional development Industrial trucks: Market by region Order intake (in ‘000 units) and growth y-o-y (in %) Order intake FY 2018 (in ‘000 units) YTD Sep 2019 Q3 2019 South/ Market KION Market KION
Slide 9: Q1-Q3 2019 Key Financials
Q1-Q3 2019 Key Financials Strong operating performance in both segments Order intake Revenue Adj. EBIT and margin Net income (in €m) (in €m) (in €m and %) (in €m) +2.6% +13.1% 9.3% 9.6% 6,369 6,534 6,524 5,770 +16.2% 625 +39.0% 538 244 339 Q1-Q3 2018 Q1-Q3 2019 Q1-Q3 2018 Q1-Q3 2019 Q1-Q3 2018 Q1-Q3
Slide 10: Q3 2019 Key Financials
Q3 2019 Key Financials Strong quarterly performance Order intake Revenue Adj. EBIT and margin Net income (in €m) (in €m) (in €m and %) (in €m) 10.2% 10.1% +13.5% +13.9% 2,060 2,338 1,896 2,160 +12.6% +25.5% 193 217 96 121 Q3 2018 Q3 2019 Q3 2018 Q3 2019 Q3 2018 Q3 2019 Q3 2018 Q3 2019 − Increase mai
Slide 11: Industrial Trucks & Services
Industrial Trucks & Services Continued growth despite challenging market conditions Key financials FX translation effect +2.0% +2.7% Q1-Q3 Q3 Order intake 4,486 4,577 (in €m) 2019 20191 (in €m) 1,455 1,494 Order intake -1 +5 Q1-Q3 2018 Q1-Q3 2019 Q3 2018 Q3 2019 Revenue -2 +6 Revenue +10.9% +9.5% Ad
Slide 12: Industrial Trucks & Services: Services growth pattern
Industrial Trucks & Services Services deliver steady growth pattern IT&S new business and services sales development (in €bn and change in % y-o-y) 6.4 5.9 5.6 5.0 5.2 4.6 4.5 4.7 -6.0% +1.7% +9.8% +2.9% +9.3% +6.4%1 +12.2%2 Ø 5.7% avg. +5.0% +7.1% +5.6% +3.4% +7.0% +6.1%1 +5.8%2 services growth FY
Slide 13: Supply Chain Solutions
Supply Chain Solutions Remarkable quarterly topline with further margin improvement Key financials FX translation effect +4.2% +40.1% Order intake Q1-Q3 Q3 1,869 1,948 (in €m) 2019 20191 (in €m) 598 839 Order intake +66 +25 Q1-Q3 2018 Q1-Q3 2019 Q3 2018 Q3 2019 Revenue +70 +17 Revenue +19.0% +27.1%
Slide 14: Supply Chain Solutions: Order intake development
Supply Chain Solutions Average growth rate accelerated due to Q3 2019 development Order intake development Eight quarter rolling average order intake1 (in €m) Avg. growth2 +10.5% 633 565 583 590 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2017 2018 2018 2018 2018 2019 2019 2019 1. Value per quarter is the sum o
Slide 15: Adjusted EBITDA to Net Income
Adjusted EBITDA to Net Income Operating performance and lower PPA drive EPS increase Q1-Q3 Q1-Q3 Q3 Q3 (in €m) 2019 2018 Change 2019 2018 Change Explanations Adjusted EBITDA 1,224 1,098 11.5% 420 380 10.5% − PPA relates mainly to Dematic D&A -599 -560 -203 -187 Adjusted EBIT 625 538 16.2% 217 193 12
Slide 16: Free Cash Flow Statement
Free Cash Flow Statement Free cash flow impacted by net working capital Q1-Q3 Q1-Q3 (in €m) 2019 2018 Description Reported EBITDA 1,219 1,095 − Lower contract liabilities from Change in Net Working Capital (NWC) -471 -232 SCS business Taxes paid -112 -142 Pension payments -15 -28 − Higher operating
Slide 17: Net Debt
Net Debt Increase in NWC and pensions leads to increased net debt and leverage 30 Sep 31 Dec (in €m) 2019 2018 Description Adjusted EBITDA 1,681 1,555 – Increase in net financial debt Adjusted industrial EBITDA1 1,351 1,234 due to higher NWC Net financial debt 2,093 1,870 – Increase in net pension L
Slide 19: FY 2019 Outlook
FY 2019 Outlook Outlook confirmed KION Group Industrial Trucks & Services Supply Chain Solutions Outlook Outlook Outlook (in €m) FY 2018 FY 2019 FY 2018 FY 2019 FY 2018 FY 2019 Order intake 8,657 8,250 – 8,950 6,211 6,250 – 6,450 2,425 2,000 – 2,500 Revenue 7,996 8,150 – 8,650 5,922 6,050 – 6,250 2,
Slide 20: Financial Calendar
Financial Calendar Date Event Publication of 2019 annual report (FY 2019) 03 March 2020 Financial statements press conference and analyst call 28 April 2020 Quarterly statement for the period ended 31 March 2020 (Q1 2020) and analyst call 12 May 2020 Annual General Meeting Subject to change without
Slide 21: Key Financials
Key Financials Group figures Industrial Trucks & Services Supply Chain Solutions Q3 Q2 Q1 FY Q4 Q3 Q3 Q2 Q1 FY Q4 Q3 Q3 Q2 Q1 FY Q4 Q3 (in €m) 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 Order intake 2,338 2,079 2,118 8,657 2,287 2,060 1,494 1,573 1,510
Slide 22: Disclaimer
Disclaimer This document has been prepared by KION GROUP AG (the “Company”) solely for informational purposes. This disclaimer shall apply in all respects to the entire presentation (including all slides of this document), the oral presentation of the slides by representatives of the Company (or any

Kion Group — Q3 2019 Earnings Presentation on 6ix

Kion — Q3 2019 Earnings Presentation

Slide 1: KION GROUP AG Q3 2019 Update Call

Slide 2: Agenda

Slide 3: Q1-Q3 2019 Financial Key Figures

Slide 4: Q3 2019 Strategic Highlights

Slide 5: Agenda

Slide 6: Industrial Truck Market

Slide 7: Industrial Truck Market: KION outperforms the market

Slide 8: Agenda

Slide 9: Q1-Q3 2019 Key Financials

Slide 10: Q3 2019 Key Financials

Slide 11: Industrial Trucks & Services

Slide 12: Industrial Trucks & Services: Services growth pattern

Slide 13: Supply Chain Solutions

Slide 14: Supply Chain Solutions: Order intake development

Slide 15: Adjusted EBITDA to Net Income

Slide 16: Free Cash Flow Statement

Slide 17: Net Debt

Slide 18: Agenda

Slide 19: FY 2019 Outlook

Slide 20: Financial Calendar

Slide 21: Key Financials

Slide 22: Disclaimer