Johnson Electric Holdings Limited · HKEX:179
Johnson Electric — Q3 FY21/22 Earnings Presentation
15 slides from Johnson Electric's earnings presentation, January 2022
Slide 1: Investor Briefing Jan 2022
Investor Briefing Jan 2022 Business Update For the December 2021 Quarter
Slide 2: Disclaimer
2 Disclaimer This presentation contains certain forward looking statements with respect to the financial condition, results of operations and business of Johnson Electric and certain plans and objectives of the management of Johnson Electric. Words such as “outlook”, “expects”, “anticipates”, “inten
Slide 3: Group Sales Changes Year-to-Date December 2021
Group Sales Changes 3 Year-to-Date December 2021 US$ million 61 12 2,521 127 79 2,242 Record sales for the 9- month period from April to December First 9 months of APG IPG Currency Acquired First 9 months of FY20/21 volume / mix volume / mix movements business FY21/22 sales and price, net and price,
Slide 4: Group Sales Changes Quarter Ended December 2021
Group Sales Changes 4 Quarter Ended 31 December 2021 US$ million 912 Supply chain 14 2 5 847 bottlenecks (86) disrupted markets and impacted sales in the quarter December quarter APG IPG Currency Acquired December quarter FY20/21 volume / mix volume / mix movements business FY21/22 sales and price,
Slide 5: Group Sales December Quarter Comparison
Group Sales 5 December Quarter Comparison Group sales, as reported Sales remained US$ million strong despite 912 810 847 market disruption 773 from supply chain 759 661 bottlenecks. Although below the level seen in the same quarter of the prior year, sales exceed the same quarter in earlier years De
Slide 6: APG 9 Months Year-to-Date Comparison
APG 6 9 Months Year-to-Date Comparison APG sales, as reported US$ million +3% APG’s sales for the +11% nine months from April to December 2021 were higher than the same 1,923 period in both 1,863 COVID-affected 1,727 2020 and pre-COVID 2019 First 9 months of First 9 months of First 9 months of FY19/
Slide 7: APG December Quarter Comparison
APG 7 December Quarter Comparison Sales remained APG sales, as reported strong despite US$ million disruption in the 732 automotive 596 626 654 market from 639 supply chain 501 bottlenecks. Although below the level seen in the same quarter prior year, sales were higher than the same quarter Dec-16 D
Slide 8: APG Sales Growth vs. Light Vehicle Production Year-to-Date December 2021
APG Sales Growth vs. Light Vehicle Production 8 Year-to-Date December 2021 % Growth / (decline) YTD Dec 2021 Asia Europe Americas Global YoY Sales grew on a 15% 11% year-to-date 10% 9% basis although 7% global 5% 3% 3% automotive industry 0% production decreased (5%) (4%) (3%) (10%) (8%) Growth / (d
Slide 9: APG Sales Changes vs. Light Vehicle Production
9 APG Sales Changes vs. Light Vehicle Production 15% 8% Growth / (decline) 7% +7% +10% APG has 5% 2% consistently +5% (1%) (2%) outperformed 1% light vehicle (5%) (3%) (3%) +6% production over +9% (8%) several (10%) successive years (15%) FY17/18 FY18/19 FY19/20 FY20/21 Apr 21 - Dec 21 Growth / (dec
Slide 10: IPG 9 Months Year-to-Date Comparison
IPG 10 9 Months Year-to-Date Comparison IPG sales, as reported IPG benefited US$ million from the changes in consumer +16% behavior that +26% emerged during the pandemic as well as new business wins, 598 515 product launches, 476 enlarged market share and increased market demand First 9 months of Fi
Slide 11: IPG December Quarter Comparison
IPG 11 December Quarter Comparison IPG sales, as reported US$ million Strong sales growth despite 179 192 supply chain 171 163 160 disruption, 148 leading to the highest December quarter in recent years Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 quarter quarter quarter quarter quarter quarter
Slide 12: IPG December 2021 Quarter Sales Movements by Region
IPG 12 December 2021 Quarter Sales Movements by Region IPG sales changes % excluding currency movements % Growth / (decline) Strong growth in by quarter Asia Europe Americas Global Europe and the YoY 40% 36% Americas. Sales decreased in 30% Asia compared to the especially 20% 13% high level seen 8%
Slide 13: Outlook
13 Outlook Solid sales performance over the past nine months The global economy remains on a recovery path from the crisis brought on by the COVID-19 pandemic APG & IPG continue to win new business awards based on our compelling ability to serve global customers in every major geographic marke
Slide 14: Supplemental Information
14 Supplemental Information
Slide 15: Average Exchange Rate YTD December 2021 vs. YTD December 2020
Average Exchange Rate 15 YTD December 2021 vs. YTD December 2020 FY21/22 FY20/21 Average Exchange Rate APR-DEC APR-DEC Change CAD per USD 1.249 1.339 CAD strengthen 6.7% CNY per USD 6.442 6.874 CNY strengthen 6.3% USD per EUR 1.176 1.154 EUR strengthen 1.8%
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