Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — H1 2021 Earnings Presentation
26 slides from Manitou Bf Sa's earnings presentation, Jul 29, 2021
Slide 1: 2021 Half-Year Earnings
2021 Half-Year Earnings Michel Denis - President and CEO Hervé Rochet - Chief Financial Officer 2021 Half year results I July 29 2021 Public 1
Slide 2: Disclaimer
Disclaimer This presentation includes only summary information and does not in any way purport to be comprehensive. None of the Company or any of its affiliates, directors, officers, advisors and employees accepts any obligation, liability, claim or remedy for any loss arising from any use of these
Slide 3: Highlights: Rebound and performance
Highlights ■ H1 21 revenues of €970m, +27% vs. H1 20, +30% like for like* ■ Q2 order intake on equipment of €858m vs. €180m in Q2 20 ■ End of Q2 21 order book on equipment at €1788m vs. €555m in Q2 20 ■ Recurring operating income at €85.0m (8.8%) vs. €30.1m (3.9%) in H1 20 ■ Net income group part at
Slide 4: 2021 Half-Year review
2021 Half-Year review ■ Presentation of the new roadmap “New Horizons 2025” ■ Announcement of an industrial investment plan of €80 million to refurbish and extend the production sites in Ancenis (44), Candé (49) and Laillé (35) ■ Build the future: presentation of new ranges of construction equipment
Slide 5: 2021 Half-Year review
2021 Half-Year review ■ Manitou Group Attachments: new brand dedicated to attachments ■ Manitou Group Parts: new brand for spare parts ■ India: vaccination support and medical aids during the COVID-19 peak ■ First dedicated CSR investor event ■ On the way up: first edition of the new annual meeting
Slide 6: H1 2021 Activity
1 H1 2021 Activity Résultats S1 2019 I 30 juillet 2019 Public 6
Slide 7: Q2 Activity
Q2 21 Activity Faster-growing boxes than the group S&S: Services & Solutions 2021 Half year results I July 29 2021 Public 7
Slide 8: H1 Activity
H1 21 Activity Faster-growing boxes than the group S&S: Services & Solutions 2021 Half year results I July 29 2021 Public 8
Slide 9: Evolution vs. 2020
Evolution vs. 2020 2021 Half year results I July 29 2021 Public 9
Slide 10: Evolution vs. 2020
Evolution vs. 2020 * at constant scope and exchange rates 2021 Half year results I July 29 2021 Public 10
Slide 11: Order intakes and order book on equipment (€m)
Order intakes and order book on equipment (€m) All-time record of new order intakes and order book 2021 Half year results I July 29 2021 Public 11
Slide 12: Product division
Product division ADVANTAGES Rebound of the activity Level of invoicing in a difficult context New organisation of the division New construction products Financial performance DRAWBACKS Supply chain tensions Slower rate of ramp-up Customer delivery times Tensions on recruitment High inflation in raw
Slide 13: S&S division
S&S division ADVANTAGES Dynamic growth Record half-year turnover Growth in the various business lines Ability to adapt to the context Financial performance DRAWBACKS Supply chain tensions Purchasing inflation Historic level of growth and high financial performance 2021 Half year results I July 29 20
Slide 14: Financial results
2 Financial results 2021 Half year results I July 29 2021 Public 14
Slide 15: Income statement
Income statement 2021 Half year results I July 29 2021 Public 15
Slide 16: Income statement by division
Income statement by division 2021 Half year results I July 29 2021 Public 16
Slide 17: Recurring operating profit evolution vs. 2020
Recurring operating profit evolution vs. 2020 2021 Half year results I July 29 2021 Public 17
Slide 18: Balance sheet
Balance sheet 2021 Half year results I July 29 2021 Public 18
Slide 19: Cash-Flow
Cash-Flow 2021 Half year results I July 29 2021 Public 19
Slide 20: Investments
Investments 2021 Half year results I July 29 2021 Public 20
Slide 21: Net debt
Net debt 2021 Half year results I July 29 2021 Public 21
Slide 22: Outlook 2021
3 Outlook 2021 2021 Half year results I July 29 2021 Public 22
Slide 23: Outlook 2021
Outlook 2021 ■ Sales trend: Anticipation of 2021 revenue increase of around 20% compared to 2020 ■ Profitability: Outlook for an annual growth of the recurring operating income rate of around 130 basis points compared to 2020 2021 Half year results I July 29 2021 Public 23
Slide 24: Appendix
Appendix FR-ACT process I Consolidation I February 2019 Restricted 24
Slide 25: Appendix - Definition
Appendix - Definition On a comparable basis at constant scope and exchange rates: ■ Scope: there is no acquisition, no exit in 2020 and in 2021 ■ Application of the exchange rates of the previous year on the aggregates of the current year Gearing: ■ Ratio of net debt divided by the amount of shareho
Slide 26: Thank you for your attention
Thank you for your attention Résultats S1 2019 I 30 juillet 2019 Public 26