Ntg Nordic Transport Group A/s · OMXCOP:NTG
Ntg Nordic Transport Group A/s — FY2022 Earnings Presentation
20 slides from Ntg Nordic Transport Group A/s's earnings presentation, March 2023
Slide 1: FY 2022 Roadshow
FY 2022 Roadshow NTG Nordic Transport Group March 2023
Slide 2: Information
Information This presentation has been prepared for information purposes only. This presentation (i) is Forward-looking statements may include, but are not limited to, projections of revenue, by necessity a summary of more detailed information, (ii) is not intended and should not statements relating
Slide 3: Today's presenter
Today’s presenter CHRISTIAN D. JAKOBSEN Group CFO 3
Slide 4: Agenda
Highlights Financial review AGENDA Other key figures Outlook and mid-term target Appendix 4
Slide 5: 2022 highlights
Highlights Financial review Other key figures 2022 highlights Outlook & mid-term target Appendix ELEVATED VOLATILITY MARGINAL SUPPLY- MARKET DOUBLE-DIGIT MILESTONE AND MACROECONOMIC SIDE STABILISATION NORMALISATION OPERATING PROFIT ACQUISITION OF ARIES UNCERTAINTY WITHIN ROAD WITHIN AIR & OCEAN GROW
Slide 6: Financial review: Group (I/II)
Highlights Financial review Other key figures Financial review: Group (I/II) Outlook & mid-term target Appendix Q4 Full year COMMENTS DKKm 2022 2021 ∆ 2022 2021 ∆ ▪ Gross profit increased 36.5% Net revenue 2,496 2,172 14.9% 10,224 7,302 40.0% in 2022. Gross profit 518 443 16.9% 2,012 1,474 36.5% Adj
Slide 7: Financial review: Group (II/II)
Highlights Financial review Other key figures Financial review: Group (II/II) Outlook & mid-term target Appendix Gross margin1 Conversion ratio1 Operating margin 22% 45% 10% 20.8% 21% 9% 20.8% 40% 20% 20.6% 36.9% 8% 35% 7.7% 33.4% 19% 7% 6.9% 30% 18% 6% 26.8% 5.5% 25% 17% 5% 16% 20% 4% Q4’21 Q1’22 Q
Slide 8: Financial review: Road & Logistics
Highlights Financial review Other key figures Financial review: Road & Logistics Outlook & mid-term target Appendix Q4 Full year COMMENTS DKKm 2022 2021 ∆ 2022 2021 ∆ ▪ Gross profit increased 20.5% Net revenue 1,627 1,652 (1.5)% 6,778 5,548 22.2% in 2022. Gross profit 339 352 (3.7)% 1,376 1,142 20.5
Slide 9: Financial review: Air & Ocean
Highlights Financial review Other key figures Financial review: Air & Ocean Outlook & mid-term target Appendix Q4 Full year COMMENTS DKKm 2022 2021 ∆ 2022 2021 ∆ ▪ Gross profit increased 91.6% Net revenue 869 520 67.1% 3,446 1,753 96.6% in 2022. Gross profit 179 91 96.7% 636 332 91.6% Adjusted EBIT
Slide 10: Other key figures
Highlights Financial review Other key figures Other key figures Outlook & mid-term target Appendix Net working capital (DKKm) Adjusted free cash flow1 (DKKm) Net interest-bearing debt2 (DKKm) 545 367 263 201 224 152 111 39 75 25 (22) (37) (187) (161) (165) 30-Jun-22 31-Mar-22 30-Sep-22 31-Dec-21 31-
Slide 11: Full-year outlook 2023
Highlights Financial review Other key figures Full-year outlook 2023 Outlook & mid-term target Appendix DKKm 2022 realised 2023 outlook Adjusted EBIT 758 620 - 700 Key assumptions ▪ The outlook assumes a weakening macroeconomic environment in the first half of 2023, followed by a gradual rebound in
Slide 12: Medium-term financial target
Highlights Financial review Other key figures Medium-term financial target Outlook & mid-term target Appendix Target DKK 1 billion in adjusted EBIT no later than 2027. Key assumptions ▪ NTG will strive to achieve the medium-term target with organic growth and M&A, financed by the cash flow and credi
Slide 13: Appendix
Appendix 7]
Slide 14: Business model of NTG
Highlights Financial review Other key figures Business model of NTG Outlook & mid-term target Appendix NTG core competencies Contract logistics/ Last mile Shipper Contract logistics cross-docking freight Consignee Freight forwarding ✓ Asset-light business model ✓ Focus on road, air, and ocean freigh
Slide 15: NTG at a glance
Highlights Financial review Other key figures NTG at a glance Outlook & mid-term target Appendix Business segments1 Founded Revenue1 (DKK) Road & 2011 10.2bn Logistics 34% 2022 revenue 66% Employees2 Revenue CAGR 2018-2022 Air & Ocean 2,002 23% Road & Logistics Air & Ocean Geographical footprint1 Op
Slide 16: Five-year overview
Highlights Financial review Other key figures Five-year overview Outlook & mid-term target Appendix Net revenue (DKKm) Adjusted EBIT (DKKm) Adjusted free cash flow (DKKm) 7.4% 7.4% 10,224 714 23% 4.9% 4.2% 3.9% 758 7,302 620-700 5,332 5,332 542 4,512 314 288 208 261 189 115 110 2018 2019 2020 2021 2
Slide 17: The history of NTG
Highlights Financial review Other key figures The history of NTG Outlook & mid-term target Appendix 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Rapid expansion Country entry # New start-ups 2 2 1 2 5 4 5 2 6 4 - 2 DK Nordics EAT Solution ATS Cargo Kettermann TAK EAT CargoWorld HC Sch
Slide 18: Global network of 66 subsidiaries in 22 countries
Highlights Financial review Other key figures Global network of 66 subsidiaries in 22 countries Outlook & mid-term target Appendix Overview of operational subsidiaries Operational subsidiaries by region 31 4 1 2 Northern Europe East Asia 12 30 Western Europe Rest of World 10 3 Eastern Europe North A
Slide 19: Multiple avenues for future growth
Highlights Financial review Other key figures Multiple avenues for future growth Outlook & mid-term target Appendix Acquisitions Accelerate growth by leveraging 3 M&A execution competencies. Establish new Add scale, new product 2 Establish newstart-ups using start-ups offerings, and new geographies.
Slide 20: NTG Nordic Transport Group A/S
NTG Nordic Transport Group A/S Investor relations Press Hammerholmen 47 Christian D. Jakobsen Camilla Marcher Lydom DK-2650 Hvidovre Group CFO Investor Relations & Corporate Communication Manager www.ntg.com CVR no. 12546106 +45 4212 8099 +45 4212 8090 ir@ntg.com press@ntg.com
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