Opmobility · EURONEXT:OPM
Opmobility — Q3 2024 Earnings Presentation
16 slides from Opmobility's earnings presentation, Oct 28, 2024
Slide 1: Q3 2024 Revenue
Q3 2024 REVENUE Laurent FAVRE Chief Executive Officer Stéphanie LAVAL VP Investor Relations October 28, 2024 Q3 2024 REVENUE2024
Slide 2: Executive summary
Executive summary Solid revenue growth Strong outperformance +4.7% +9.5 pts vs. Q3 2023* in a decreasing market** Q3 2024 main achievements Growth in all regions Top 10% auto suppliers with robust momentum with “AA” in North America MSCI ESG ratings up from “A” * Economic revenue October 28, 2024 Q3
Slide 3: Solid outperformance in a decreasing market
Solid outperformance in a decreasing market Evolution of the automotive production* and OPmobility revenue** Worldwide automotive production is Q1 2024 Q2 2024 Q3 2024 decreasing +4.7% Slowdown in BEV sales +3.6% +3.3% High inventories in Europe and North America +4.5 +3.9 +9.5 pts pts pts OPmob
Slide 4: Outperformance in all regions
Outperformance in all regions OPmobility’s economic revenue in Q3 2024 vs. Q3 2023 and performance vs. automotive production ** NORTH EUROPE ASIA AMERICA 1st country 30% of revenue 48% of revenue 18% of revenue in Group’s revenue +5.2% LFL * +4.2% LFL * +4.6% LFL * +11.1 pts** +11.1 pts** +8.3 pts**
Slide 5: Revenue up +3.9% LFL in Q3 2024
Revenue up +3.9% LFL in Q3 2024 All segments are outperforming the market In €m Exterior Systems: +0.8 pt vs. market** +2.9% • Exterior: benefits from the high level of orders +3.9%* booked in recent years • Lighting: decline in sales as expected +148 148 2,457 -13 Modules: +28.3 pts vs. market** •
Slide 6: Exterior Systems
Exterior Systems Exterior Lighting Business highlights in Q3 2024 Business highlights in Q3 2024 • Increase in sales in Americas and Asia, • Revenue in line with expectation benefiting from previous years’ order book due to a lower order book before acquisition • Strong order intake • Order intake a
Slide 7: Modules
Modules Modules Business highlights in Q3 2024 Key launches • Solid growth in North America driven by the plant in Austin, Texas Skoda Karoq & Octavia • Increase of modules assembled in Slovakia and Front End Modules Czech Republic for Skoda and Volkswagen • Robust order intake contributing Ram 2500
Slide 8: Powertrain
Powertrain C-Power H2-Power Business highlights in Q3 2024 Business highlights in Q3 2024 • Consolidating its leading position • Well-diversified product portfolio to address heavy and collective mobility • Benefiting from: - Previous years’ robust order intake • In addition of partnerships with Als
Slide 9: OPmobility's ESG initiatives awarded
OPmobility’s ESG initiatives awarded Improvement of MSCI ESG rating from ̎A̎ to ̎AA̎ Major ratings Labor management initiatives Highest score A Social progress on labor management initiatives Annual engagement surveys Training programs Among top 1% of 80 Continuous improvement in safety assess
Slide 10: OPmobility's strengths to address market evolution
OPmobility’s strengths to address market evolution Full range of technologies Geographical diversification Wide customer portfolio Significant part of revenue The United States, new top Accelerating customer “agnostic” to powertrain contributor in revenue diversification for all mobility • New
Slide 11: Outlook
Outlook Automotive production* for 2024 Confirmed 2024 outlook being revised downwards In million of vehicles In a challenging market, OPmobility continues to 87.4 87.0 adapt its industrial capacities and cost structure to the different local demand 85.8 85.7 OPmobility confirms its full year gu
Slide 12: Conclusion
Conclusion OPmobility outperforming the market More balanced in revenue by region, with the United States remaining sales leading contributor Building on: • its strong historical businesses • high level of order intake in recent years • geographical and customer diversification • a complete ra
Slide 13: Questions & Answers
QUESTIONS & ANSWERS October 13 28, 2024 Q3 2024 REVENUE2024
Slide 14: www.opmobility.com
www.opmobility.com Q3 2024 REVENUE2024
Slide 15: Disclaimer
Disclaimer The information contained in this document (the “Information”) has been prepared by OPmobility (the “Company”) solely for informational purposes. The Information is proprietary to the Company. This presentation and its contents may not be reproduced or distributed or published, directly o
Slide 16: Q3 & 9M revenue per segment
Q3 & 9M revenue per segment In €m Q3 2023 Q3 2024 9M 2023 9M 2024 Exterior Systems 1,292 1,246 4,125 4,094 Modules 714 876 2,320 2,600 Powertrain 645 623 2,020 1,991 Economic Revenue 2,651 2,746 8,466 8,685 Joint Ventures 262 289 784 815 Exterior Systems 1,114 1,059 3,613 3,574 Modules 630 776 2,051