Sts Group Ag · XETR:SF3
Sts — 9M 2018 Earnings Presentation
20 slides from Sts's earnings presentation, Nov 21, 2018
Slide 1: Investor Presentation
Investor Presentation November 21, 2018
Slide 2: Agenda
Agenda 1. STS at a Glance 2. IPO - Strategic Projects 3. Business Overview www.sts.group Slide 2
Slide 3: STS Group at a Glance
Investor Presentation Key Facts Key Figures STS Group u One of the leading global suppliers of soft and hard trim parts 425 mEUR Pro-Forma Revenue 2017 at a Glance and systems to international commercial vehicle OEMs with over 80 years of experience. 24 mEUR Adjusted Pro-Forma EBITDA 2017 1.9+ bnEUR
Slide 4: Product Portfolio MHCV, LCV
Investor Presentation Medium and Heavy Commercial Vehicle (MHCV) Light Commercial Vehicle (LCV) Product Headliner NVH Cabin NVH Cabin Rear Wall Portfolio Module Trim Floor Roof Deflector MHCV, LCV Door Panels Exterior Pillar Emblem Trim Support Storage Complete Compartment Front Module STS offers a
Slide 5: Agenda
Agenda 1. STS at a Glance 2. IPO - Strategic Projects 3. Business Overview www.sts.group Slide 5
Slide 6: IPO Strategic Projects
Investor Presentation IPO Entering the Improving footprint in Europe Product innovation Strategic Expanding US market Process innovation in China Projects Successful IPO, June 2018 creates the financial power for strategic projects. www.sts.group STS Group © 2018 Slide 6
Slide 7: Expanding in China
Investor Presentation u China is the worlds biggest market for medium and heavy commercial vehicles (MHCV). Expanding in u STS will gain market share significantly. based on technology know-how, quality and customer contact. China u Newly implemented restrictions and regulatory changes (longnose, EU
Slide 8: Entering the US Market
Investor Presentation u North America is the worlds third biggest market for medium and heavy Entering the commercial vehicles (MHCV). u Great demand for technological progress, such as light-weight plastic based US Market components. u High number of new projects. Medium and heavy vehicle productio
Slide 9: Improving Footprint in Europe
Investor Presentation u Europe is the worlds second biggest market for medium and heavy commercial Improving vehicles (MHCV). u Poland is the Best Cost country in Europe for Commercial Vehicle Interior Trim. STS - Międzyrzecz Footprint in Europe Medium and heavy vehicle production Europe 1) (1,000 u
Slide 10: Product Innovation
Investor Presentation Product Entry to electromobility market with order for battery cover for e-SUV. Innovation u New customer. u Volume: 30,000 per year. u SOP second half 2019. Tech-Days in Jiangyin strengthen cooperation with market. u 30 participants from 19 OEMs from automotive industry. u Exc
Slide 11: Process Innovation Automation
Investor Presentation Process Fully automated machine loading. u High productivity. Innovation u High quality. Automation Fully automated milling and deburring. u Difficult geometry possible. u High productivity. u High accuracy. www.sts.group STS Group © 2018 Slide 11
Slide 12: Agenda
Agenda 1. STS at a Glance 2. IPO - Strategic Projects 3. Business Overview www.sts.group Slide 12
Slide 13: Income Statement
Investor Presentation Income Statement mEUR IFRS 9M/2018 9M/2017 Revenue 309.2 201.5 Inventory changes 0.7 0.9 Other operating income 3.2 47.8 Cost of materials -176.6 -126.6 Personnel expenses -78.8 -50.0 Other operating expenses -47.4 -23.5 EBITDA 10.2 49.9 Depreciation and amortisation -9.9 -4.8
Slide 14: Key Financials 9M/2018
Investor Presentation Key 9M/2018 Revenue in mEUR by BU Adjusted EBITDA in mEUR by BU Financials 9M/2017 BU Acoustics 96.5 BU Acoustics 0.3 9M/2018 97.3 154.8 2.3 14.7 BU Plastics BU Plastics 86.0 4.4 35.5 ∑ STS Group 7.0 ∑ STS Group BU China consolidated: BU China consolidated: 11.7 1.9 309.2 mEUR
Slide 15: Balance Sheet
Investor Presentation Balance Sept. 30 Dec. 31 Sept. 30 Dec. 31 Sheet mEUR IFRS 2018 2017 mEUR IFRS 2018 2017 Intangible assets 24.9 24.6 Total equity 83.5 60.7 Property, plant and equipment 77.0 79.0 Trade payables 0.7 0.6 Other financial assets 0.2 0.3 Other financial liabilities 14.7 17.1 Tax rec
Slide 16: Net Debt
Investor Presentation Net Debt mEUR IFRS Sept. 30, 2018 Dec. 31, 2017 Cash and cash equivalents* 30.9 15.8 Other financial assets Mutares AG 0.0 5.0 Liabilities to banks and 3rd party loans -22.4 -24.5 Factoring -36.0 -37.2 • Liabilities to banks Net debt -27.6 -40.8 15.0 mEUR and 3rd party loans 7.
Slide 17: Why invest in STS Group?
Investor Presentation Why invest One of the leading global system suppliers for interior and exterior trim Excellent market position in STS parts with focus on commercial vehicles Group? Outstanding visibility Solid order book with approx. 1.9 bnEUR of revenue already contracted until 2022, plus add
Slide 18: Financial Calendar
Investor Presentation Financial Calendar 2018 1 June 2018 Listing in Prime Standard of Frankfurt Stock Exchange 1 June 2018 Publishing of 3-month report 5 September 2018 Zürcher Kapitalmarktkonferenz, ZKK 26 September 2018 Publishing of semi-annual report 2018 21 November Publishing of 9-month repor
Slide 19: Disclaimer
Investor Presentation Disclaimer This presentation may contain forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. Forward-looking statements may include, in particular, sta
Slide 20: Thank you for your attention
Thank you for your attention Contact Us Susan Hoffmeister Investor Relations ir@sts.group