Slide 1: Q3-2022 Results Presentation
Q3-2022 Results Presentation 10 Nov 2022 0
Slide 2: Key Business Figures in 9M-2022
Key Business Figures in 9M-2022 9M-2022 ▪ Health & Safety and ESG as a key elements in the pursuit of business excellence. Talgo installing photovoltaics systems for Accident freq.1 8.99 self-consumption in all facilities. Severity2 0.22 Key operating figures ▪ Successfully reshaping Talgo’s operati
Slide 3: Key Operating Figures
Key Operating Figures ▪ Manufacturing and overhaul projects: o Spanish VHS at c. 100% completed with deliveries expected in the short term subject to test phases. o DB (Germany) and ENR (Egypt) projects as the main activity growth drivers for the following quarters. o DSB project (Denmark) and RENFE
Slide 4: Key Operating Figures – New paradigm action plan
Key Operating Figures – New paradigm action plan Business main operating challenges Action plan ▪ Increasing labor costs. Salary base updated for period 2021-22 (9.2%). ▪ Mitigate risks in new offers related to c. 70% of company backlog with indexation inflation and exogenous impacts. clauses (maint
Slide 5: Key Financial Figures
Key Financial Figures ▪ Revenues reached €352.2 m in 9M-2022 on the back of a growing manufacturing activity and fully recovered maintenance revenues o Increasing manufacturing revenues driven mainly by DB (Germany), ENR (Egypt) and DSB (Denmark). o International projects contributing above 70% of t
Slide 6: Update on FY-2022 Outlook
Update on FY-2022 Outlook H1-2022 targets 9M-2022 Update (as per H1-2022 Results presentation) Profitability ✓ aEBITDA: 11% c. 11% ✓ Working Capital: Cash consumption Cash consumption Capital ✓ Net Financial Debt: 2.5x aEBITDA c. 2.5x structure ✓ Capex: c. €25 m c. €25 m Business ✓ 2021-22 backlog e
Slide 7: Annex - Alternative Performance Measures: definitions
Annex - Alternative Performance Measures: definitions ▪ EBITDA: Earnings Before Interest Taxes Amortization and Depreciation (“EBITDA”). It corresponds to Net Operating Income plus amortization and depreciation. This indicator are aligned with market practice. ▪ EBIT: Earning Before Interest and Tax
Slide 8: Disclaimer
Disclaimer This presentation has been prepared and issued by Talgo, S.A. (the “Company”) for the sole purpose expressed therein. Therefore, neither this presentation nor any of the information contained herein constitutes an offer sale or exchange of securities, invitation to purchase or sale shares
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