Avgol Industries 1953 Ltd · TASE:AVGL
Avgol Industries 1953 — Q3 2023 Earnings Presentation
15 slides from Avgol Industries 1953's earnings presentation, November 2023
Slide 1: Financial Results Q3/2023
Financial Results Financial Results Q3/2023 Q1/2023 Sivan Yedidsion –CEO David Peretz –CFO Sivan Yedidsion – CFO
Slide 2: Analyst Conference | Disclaimer
Analyst Conference | Disclaimer המידע הכלול במצגת וכל מידע אחר שיימסר במהלך הצגת המצגת (להלן – "המידע") אינו מהווה.)" בע"מ (להלן – "החברה1953 מצגת זו הוכנה ע"י חברת אבגול תעשיות ▪ המידע ניתן לצורך הנוחות בהצגת הנתונים. וכן לא מהווה תחליף לשיקול דעת של משקיע פוטנציאלי, ואינו מהווה המלצה
Slide 3: Who We Are
AVGOL Market Analyst Conference I Who We Are AVGOL is a world leader in the development, manufacturing and marketing of nonwoven fabrics for diapers, adult incontinence products, disposable feminine hygiene products, disposable medical products, wipes, fabrics used to produce masks, gowns and additi
Slide 4: Who We Are
Analyst Conference | Who We Are Our Vision: We Aspire to Create Nonwoven Innovations to Enhance Quality of Life Our team ~800 employees in the Global commercial and technical team Global 6 production sites in Israel, USA, China, Russia and India supplying more than 30 countries. Quality Committed to
Slide 5: Who we are
Analyst Conference | Who we are Hygiene Market Raw Material Technology Sustainability ` Covering Baby diapers , Feminine Care, Mainly Polypropylene Spunmelt / Meltblown Biodegradable NW Adult Incontinence, PPE and medical We aspire to: • Grow and strengthen our position by expanding production capac
Slide 6: Who We Are | Pushing Technology Bounds
Who We Are | Pushing Technology Bounds RAW MATERIAL MARKETS Polypropylene (PP) Thermoplastic “addition TECHNOLOGY polymer” made from the combination of propylene monomers and used in a Spunbond “SMS” Meltblown One continuous process in Fabrics comprised of one High-velocity air blows variety of appl
Slide 7: USA Expansion | Project Update
USA Expansion | Project Update In December 2022, the company’s Board of Directors decided to establish a new production line in our North Carolina, USA facility, as an alternative to the originally planned expansion in Russia. The addition of this new Reicofil 5 machine will expand the company’s exi
Slide 8: Financial Results Q3-2023
VGOL Nonwovens dorama Ventures Company Financial Results Q3-2023
Slide 9: Quarterly Financial Highlights
Analyst Conference I Quarterly Financial Highlights USD Mn Q3’23 Q2’23 Q1’23 Q4’22 Q3’22 Revenues, net 80.0 78.3 80.0 102.5 109.8 13.6 10.9 11.9 19.1 18.4 Gross Profit Gross Profit 16.9% 13.9% 14.8% 18.6% 16.8% EBIT EBIT 7.1 3.4 4.0 9.7 8.6 8.8% 4.4% 5.0% 9.5% 7.8% 3.5 1.5 0.8 4.7 5.5 Net Profit Net
Slide 10: Raw Material | Polypropylene Index
Raw Material | Polypropylene Index During the third quarter of 2023 and according to the publication date of this report, there is a moderate upward trend in the raw materials price indices. The Company expects this to have a moderate negative impact on its results during the fourth quarter of 2023.
Slide 11: Financial Results
Financial Results Results Q3’23 Key highlights • Decrease in polypropylene prices, to which our sales prices are linked. Revenues $80M vs $110M in Q3’2022 • A decrease of 4.4% in sales volumes . • The Gross Profit in Q3’23 includes a positive impact of about $3.9M in lag Gross Profit $13.5M vs $18.4
Slide 12: Financial Results
Financial Results Results Q3’23 Key highlights • EBITDA includes a positive impact of about $3.9M in lag, compared to a EBITDA $13.5M vs $16.2M in Q3’2022 positive impact of $7.5M in Q3’22. Underlying EBITDA $9.6M vs $8.6M in Q3’2022 • Mainly due to global decrease in logistics rates ; improved RM p
Slide 13: Financial Results
Financial Results Results Q3’23 Key highlights • Mainly influenced by the decrease in the operating profit and Net Profit $3.5M vs $5.5M in Q3’2022 an increase in net financing expense , partially offset by lower income tax expenses. Operating Cash Flow $5.1M vs $7.2M in Q3’2022 • Mainly influenced
Slide 14: Balance Sheet
Analyst Conference I Balance Sheet As on Sep 30 As on Dec 31 As on Sep 30 As on Dec 31 2023 2022 2023 2022 CATEGORY K'USD K'USD K'USD K'USD CURRENT ASSETS CURRENT LIABILITIES Short-term credit and current maturities of 11,696 13,017 Cash and cash equivalents 45,340 61,511 long-term loans from bankin
Slide 15: SAY HELLO!
SAY HELLO! Avgol is proud to support our clients with outstanding technical service and support To find out more about how Avgol can support your baby care diaper range developments, please visit avgol.com or contact us at: avgolinfo@avgol.com We Aspire to Create Nonwoven Innovations to Enhance the
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