Hella Gmbh & Co. Kgaa · XETR:HLE
Hella Gmbh & Co. Kgaa — FY2022 Earnings Presentation
16 slides from Hella Gmbh & Co. Kgaa's earnings presentation, Feb 16, 2023
Slide 1: HELLA Investor Update
HELLA Investor Update Preliminary Results FY 2022 (Jun 1, 2022 - Dec 31, 2022) February 16 th , 2023
Slide 2: Summary
Summary 01 Preliminary Results FY 2022 (Jun 1, 2022 - Dec 31, 2022) 02 Outlook FY 2023 (Jan 1, 2023 - Dec 31, 2023) 03 Key Takeaways
Slide 3: Preliminary Results FY 2022
01 Preliminary Results FY 2022 (Jun 1, 2022 - Dec 31, 2022)
Slide 4: Solid performance in FY 2022 driven by further ramp-ups and high demand for core products
Solid performance in FY 2022 driven by further ramp-ups and high demand for core products HELLA Group ❯ Group Sales at €4.4bn, high demand for core products and technologies ❯ Accelerating outperformance due to growth in NSA and China ❯ Adjusted EBIT at €222m, adj. EBIT margin at 5.0% (vs. 4.4% in F
Slide 5: Successful business development in all business groups; numerous high-tech, large-volume customer projects won
Successful business development in all business groups; numerous high-tech, large-volume customer projects won LIGHTING ELECTRONICS LIFE CYCLE SOLUTIONS FY 21/22 FY 2022 FY 21/22 FY 2022 FY 21/22 FY 2022 Total sales (€bn) 3.0 2.1 Total sales (€bn) 2.7 1.9 Total sales (€bn) 1.0 0.6 EBIT (€m) 12 44 EB
Slide 6: Outlook FY 2023 (Jan 1, 2023 - Dec 31, 2023)
02 Outlook FY 2023 (Jan 1, 2023 - Dec 31, 2023)
Slide 7: HELLA is expecting flattish market development with 82m vehicles in 2023
HELLA is expecting flattish market development with 82m vehicles in 2023 due to volatility in China and Europa Expected Global Light Vehicle production in million units, IHS Markit per 16 January 2023 +3.6% HELLA takes a more conservative view, assuming a LVP of around 82m vehicles for CY 2023 82.0
Slide 8: HELLA FY 2023 outlook assumes record sales and improved cash flow generation
HELLA FY 2023 outlook assumes record sales and improved cash flow generation Outlook for the period January 1, 2023, to December 31, 2023 Based on an assumed LVP of around 82 million vehicles for the period Consolidated sales In a range of around € 8.0 to 8.5 billion Currency and portfolio adjusted
Slide 9: Key Takeaways
03 Key Takeaways
Slide 10: Key Takeaways
Key Takeaways ❯ Solid performance in FY 2022 • strong sales momentum and profitability improvements with efficient cost management • FY 2022 order intake of around €7bn underlines business success ❯ Sales and profitability growth in FY 2023 • record sales in FY 2023 expected, high market outperforma
Slide 11: Appendices
APPENDICES
Slide 12: Upcoming events
Upcoming events March 21, 2023 FY 2022, Full Release April 27, 2023 Q1 FY 2023 April 28, 2023 AGM FY 2022 July 25, 2023 H1 FY 2023
Slide 13: P&L Reconciliation
P&L Reconciliation SIMULATION 2021 (BASIS FOR CMD) Operating Income Margin €m H2 H1 2020/2021 2021/2022 2021 H1 2022 ❯ Corresponds to the Adjusted Dec 20 to Jun 21 to Dec 20 to Jun 22 to EBIT Margin excluding the May 21 Nov 21 Nov 21 Nov 22 Sales 3279.4 + 3037.1 = 6316.5 ~€6.3bn 3817.5 earnings cont
Slide 14: Cash Flow Reconciliation
Cash Flow Reconciliation SIMULATION 2021 (BASIS FOR CMD) Net Cash Flow €m H2 H1 2021 H1 2022 2020/2021 2021/2022 ❯ Corresponds to the Reported Dec 20 to Jun 21 to Dec 20 to Jun 22 to May 21 Nov 21 Nov 21 Nov 22 Operating Free Cash Flow Adj. Operating Free cash flow (adj. OCFC) 233.7 + -203.2 = 30.4
Slide 15: Disclaimer
Disclaimer o This document was prepared with reasonable care. However, no responsibility can be assumed for the correctness of the provided information. In addition, this document contains summary information only and does not purport to be comprehensive and is not intended to be (and should not be
Slide 16: -ORVIA
-ORVIA