Steyr Motors Ag · XETR:4X0
Steyr Motors — FY2024 Earnings Presentation
24 slides from Steyr Motors's earnings presentation, March 2025
Slide 1: Investor Presentation FY 2024
Investor Presentation FY 2024 March 2025
Slide 2: Introducing Steyr Motors
INTRODUCING The global leader for customized engines in special defense and civil situations 2
Slide 3: Catering for a Diverse Set of Applications and Product Lines
CATERING FOR A DIVERSE SET OF APPLICATIONS AND PRODUCT LINES M14 | M16 M12 | M16 SE4 | SE6 Defense Vehicles Aggregates Marine Defense vehicles from 3.5t to 10t MBT Locomotives Rib Boats Battle Boats Work Boats Rescue Boats Primary Power for Special Vehicles Auxiliary Power Unit (APU) Primary Propuls
Slide 4: Diverse and International Customers and End Users
DIVERSE AND INTERNATIONAL CUSTOMERS AND END USERS Defense vehicle and boat Civil Revenue by Type manufacturers manufacturers Civil 39% Defense Various boat builders - indirect sales with 61% 13 partners Revenue by Customer Top 1 26% Other 39% Finnish Army Dutch Army Swedish Army Swiss Army Navy Seal
Slide 5: Milestones, Key Highlights and Financials
Milestones, Key Highlights and Financials 5
Slide 6: Steyr Motors – Milestones Since Its Listing
STEYR MOTORS – MILESTONES SINCE ITS LISTING Listing Frankfurt Int. Expansion Order Supply Stock Exchange Asia-Pacific Amphibious Agreement October 2024 (Beijing) Marine PALFINGER November 2024 November 2024 January 2025 Int. Expansion Listing Vienna Prelim. Figures – Development & Int. Expansion & A
Slide 7: Steyr Motors – Key Highlights 2024
STEYR MOTORS – KEY HIGHLIGHTS 2024 Maintenance, Repair & Overhaul (MRO) & Spare Parts 32% € Engines & Licence Manufacturing 68% % Revenue Adj. EBIT Adj. EBIT Margin Revenue by Area €41.7m €10.1m 24.3% 2024 2024 2024 2024 Americas ROW 6% € 8% € Civil € 39% Asia Defense 25% Europe 61% 61% Revenue CAGR
Slide 8: Steyr Motors – Financials 2024
STEYR MOTORS – FINANCIALS 2024 in EUR thousands 2024 2023 Revenue increase in both segments: Revenues 41,657 38,133 Changes in inventories of finished goods and work ¢ Civil +13% and Defense +7% in progress 919 -1,077 Other income 614 279 ¢ Spare parts revenue increasing by 22% YoY Cost of materials
Slide 9: Outlook
STEYRMOTORS
Slide 10: Steyr Motors – Targets 2025 and Beyond
STEYR MOTORS – TARGETS 2025 AND BEYOND 2025 2027 % Revenue EBIT Margin Production Adj. EBIT +40% >20% >1,250 units x4 vs. €41.7m in 2024 vs. 15.5% in 2024 vs. 729 units in 2024 vs. €10.1m in 2024 10
Slide 11: Clear Focus for Mid-Term Geographical Expansion
STEYR MOTORS HAS A CLEAR FOCUS FOR ITS MID-TERM GEOGRAPHICAL EXPANSION Initiative Drivers of incremental sales Poland topping NATO countries for GDP% defense ¢ New projects driven by high spending in ‘23 (4.5%, Governmental defense spending $29B) Expansion in ¢ Enlargement of scope in special 3 high
Slide 12: Investment Highlights
INVESTMENT HIGHLIGHTS Leading market player for mission critical customized engines in special situations1 International established customer base Strong revenue growth with large total backlog of orders2 providing visibility on future earnings Highly profitable in a high-growth market Clear future
Slide 13: Q&A – Thank you for your questions and interest in Steyr Motors
Q&A – Thank you for your questions and interest in Steyr Motors 13
Slide 14: Appendix
STEYRMOTORS Appendix 14
Slide 15: This Is What Steyr Motors Stands For
THIS IS WHAT STANDS FOR! ¢ A leading independent engine manufacturer in a market with limited players, Leading market player for with a high power-to-weight ratio, makes Steyr engines integral in widely used platforms customized diesel engines in special situations ¢ Strong total order backlog1 with
Slide 16: Steyr Motors Unique Selling Proposition
STEYR MOTORS UNIQUE SELLING PROPOSITION High power to weight ratio (up to 70kW/l In all development and standardization activities attention is paid on the USPs of low weight, high performance, multifuel capability, displacement) robustness, as well as market typical high demands Unique patented eng
Slide 17: Steyr Motors Share
STEYR MOTORS SHARE Master Data Shareholder Structure Symbol 4X0 Issue Price EUR 14.00 ISIN AT0000A3FW25 First trading day October 30, 2024 70.9% Mutares SE & Co. KGaA Transparency level Scale Market segment Open Market Stock exchange & trading venue Frankfurt Stock Exchange/Xetra Number of shares 5,
Slide 18: Financial Calendar
FINANCIAL CALENDER DATE EVENT 05-06 February 2025 Hamburg Investor Days (HIT) 10 February 2025 Listing Vienna Stock Exchange 19 February 2025 Virtual Austrian Conference – Baader Conference 18 March 2025 Publication of the Annual Report 2024 07 May 2025 Annual General Meeting 14 May 2025 Publication
Slide 19: Audited Statement of Comprehensive Income FY 2024
STEYR MOTORS AUDITED STATEMENT OF COMPREHENSIVE INCOME FY 2024 in EUR thousands 2024 2023 Revenues 41,657 38,133 Changes in inventories of finished goods and work in progress 919 -1,077 Other income 614 279 Cost of materials and procurement costs -22,902 -22,143 Gross profit 20,288 15,192 Personnel
Slide 20: Balance Sheet as of December 31, 2024
BALANCE SHEET AS OF DECEMBER 31, 2024 in EUR thousands 31. Dec. 2024 31. Dec. 2023 in EUR thousands 31. Dec. 2024 31. Dec. 2023 ASSETS EQUITY AND LIABILITIES Non-current assets Capital and reserves Intangible assets 3,997 1,561 Subcribed capital 5,200 35 Property, plant and equipment 1,853 1,474 Sha
Slide 21: Disclaimer
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Slide 22: Not for release, publication or distribution
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. The information contained in this document and its appen
Slide 23: Disclaimer
The information contained in the Presentation has been provided by the Company's management. While the information contained therein has been prepared in good faith, it does not purport to be comprehensive, and has not been independently verified by the Manager, any of its advisors or any of the Com
Slide 24: Steyr Motors
STEYRMOTORS