Vossloh Aktiengesellschaft · XETR:VOS
Vossloh Aktiengesellschaft — Q2 2019 Earnings Presentation
15 slides from Vossloh Aktiengesellschaft's earnings presentation, Jul 25, 2019
Slide 1: Presentation to Investors: Interim report as of June 30, 2019
Presentation to Investors Grasping the future. Shaping the future. Interim report as of June 30, 2019 Werdohl, July 25, 2019
Slide 2: Disclaimer
Disclaimer Note: This presentation contains statements concerning the future business performance of the Vossloh Group that are based on assumptions and estimates from the Company management. If the assumptions that the projections are based on fail to occur, the actual results of the projected stat
Slide 3: Strong development of orders received continues in Q2/2019
Vossloh Group: Grasping the future. Shaping the future. Strong development of orders received continues in Q2/2019 Operating ▪ Group sales increased in the first half of 2019 by 4.6%, particularly due to an acquisition at performance in the Vossloh Tie Technologies core business ▪ EBIT, adjusted for
Slide 4: Sales increased, free cash flow in Q2/2019 at €43.2 million
Vossloh Group Sales increased, free cash flow in Q2/2019 at €43.2 million Key Group indicators 1-6/2018 1-6/2019 Notes Sales revenues € mill. 418.1 437.1 ▪ Sales revenues continued to be above the previous year, particularly due to stronger business development EBIT € mill. 22.8 13.6 in Core Compone
Slide 5: Net financial debt at the level of end 2018
Vossloh Group Net financial debt at the level of end 2018 1-6/2018/ 2018/ 1-6/2019/ Key Group indicators 6/30/2018 12/31/2018 6/30/2019 Notes Equity € mill. 520.0 523.3 531.5 ▪ Equity increased following the capital increase, negative net income and dividend payout had a Equity ratio % 43.1 41.4 36.
Slide 6: Orders received remain at a high level
Vossloh Group Orders received remain at a high level Orders received (in € mill.) Order backlog (in € mill.) Notes 726.9 ▪ Increase of orders received in all divisions, 24.7 particularly in the Tie Technologies business unit 568.9 with the acquisition of Austrak; Customized 60.7 543.5 Modules receiv
Slide 7: Core Components division
Core Components division Sales and EBIT significantly higher year-on-year Sales (in € mill.) EBIT (2019 adjusted) EBIT margin (2019 adj.) (in € mill.) (in %) 141.0 164.8 11.7 19.2 11.4 16.1 1-6/2018 1-6/2019 1-6/2018 1-6/2019 1-6/2018 1-6/2019 ▪ Significant sales increase in Tie Technologies in Nort
Slide 8: Fastening Systems business unit
Fastening Systems business unit Order backlog significantly above previous year's level Sales (in € mill.) Value added (in € mill.) 110.6 109.3 11.0 10.2 1-6/2018 1-6/2019 1-6/2018 1-6/2019 ▪ Sales almost unchanged; improved business development in the US and Russia but Orders 1-6/2019: 152.4 lower
Slide 9: Tie Technologies business unit
Tie Technologies business unit Sales increased in North America, significant contributions from Australia Sales (in € mill.) Value added (in € mill.) 61.0 31.1 (3.1) (2.1) 1-6/2018 1-6/2019 1-6/2018 1-6/2019 ▪ Higher sales, particularly due to the acquisition of Austrak at the end of 2018 (€15.9 Ord
Slide 10: Customized Modules division
Customized Modules division Sales slightly down year-on-year, orders received remain at a high level Sales (in € mill.) EBIT (2019 adjusted) EBIT margin (2019 adj.) (in € mill.) (in %) 234.1 231.7 12.6 5.4 7.7 3.3 1-6/2018 1-6/2019 1-6/2018 1-6/2019 1-6/2018 1-6/2019 ▪ Sales slightly below the previ
Slide 11: Lifecycle Solutions division
Lifecycle Solutions division Sales increased slightly, EBIT still lower year-on-year Sales (in € mill.) EBIT (2019 adjusted) EBIT margin (2019 adj.) (in € mill.) (in %) 46.1 48.8 3.1 6.8 1.5 3.2 1-6/2018 1-6/2019 1-6/2018 1-6/2019 1-6/2018 1-6/2019 ▪ Sales higher year-on-year due to contributions fr
Slide 12: Sales increases primarily in Australia, Canada and the USA
Vossloh Group Sales increases primarily in Australia, Canada and the USA The Americas Europe (in € mill.) Africa and Australia Asia incl. Middle East (in € mill.) 249 248 (in € mill.) (in € mill.) 36 35 37 40 48 51 91 72 27 75 31 66 18 16 14 128 122 22 54 64 14 27 59 52 8 4 1-6/2018 1-6/2019 1-6/201
Slide 13: Outlook
Vossloh Group Outlook General framework ▪ Good order situation forms basis for future growth ▪ Higher visibility of deliveries to China following three major project wins in 2018 and another in 2019, majority of deliveries to be made in 2020 based on current information Outlook for 2019 with regard
Slide 14: Financial calendar and contact information
Financial calendar and contact information How to reach us Financial calendar 2019 / 2020 ▪ October 24, 2019 Quarterly statement as of September 30, 2019 ▪ March 2020 2019 Annual Report Contact information for investors: Contact information for the media: ▪ Dr. Daniel Gavranovic ▪ Gundolf Moritz (Mi
Slide 15: Thank you for your time. Q&A
Thank you for Grasping the future. your time. Shaping the future. Q&A
Vossloh Aktiengesellschaft — Q2 2019 Earnings Presentation on 6ix