Avgol Industries 1953 Ltd · TASE:AVGL
Avgol Industries 1953 — Q1 2024 Earnings Presentation
16 slides from Avgol Industries 1953's earnings presentation, May 2024
Slide 1: Financial Results Q1/2024
Financial Results Financial Results Q1/2024 Q1/2023 Sivan Yedidsion – CFO למסמך נגיש
Slide 2: Disclaimer
Analyst Conference | Disclaimer המידע הכלול במצגת וכל מידע אחר שיימסר במהלך הצגת המצגת (להלן – "המידע") אינו מהווה.)" בע"מ (להלן – "החברה1953 מצגת זו הוכנה ע"י חברת אבגול תעשיות ▪ המידע ניתן לצורך הנוחות בהצגת הנתונים. וכן לא מהווה תחליף לשיקול דעת של משקיע פוטנציאלי, ואינו מהווה המלצה
Slide 3: Who We Are
Analyst Conference I Who We Are Our team ~880 employees in the Global commercial and technical AVGOL is a world leader in the development, manufacturing team and marketing of nonwoven fabrics for diapers, adult incontinence products, disposable feminine hygiene products, Global disposable medical pr
Slide 4: Technology & Markets
Analyst Conference | Technology & Markets RAW MATERIAL MARKETS Polypropylene (PP) Made from the TECHNOLOGY combination of propylene monomers Spunbond “SMS” Meltblown and used in a variety of One continuous process Fabrics comprised of High-velocity air blows applications, such as in which fibers are
Slide 5: We Are Committed to Sustainability
Analyst Conference | We Are Committed to Sustainability How we are planning to do things better Partner with others that share this same environmental obligation to achieve new, meaningful, and timely results Improved Technologies to increase product performance in lighter weights Being Proactive by
Slide 6: Strong footprint to serve the global market
Analyst Conference | Strong footprint to serve the global market Uzlovaya, Russia 28K MT MV, USA 78K MT (+20K) Dimona, IL Jingmen, China 10K MT 39K MT Gujarat, IN 10K MT MP, IN 10K MT SERVING CUSTOMERS IN OVER 30 COUNTRIES WW 6
Slide 7: Q1'24 Key highlights
Key highlights Q1’24 Key highlights • 2024 first quarter sales volume is up 13% compared to the first quarter of 2023. EBITDA Underlying EBITDA • Market seems to recover some what, but is still Q1’24 Q1’23 Q1’24 Q1’23 challenging with over-capacity and increased competition, especially in APAC. $10.
Slide 8: Raw Material | Polypropylene Indices Trend Per region
Raw Material | Polypropylene Indices Trend Per region During the first quarter of 2024, and until the publication date of this report, there is a moderate downward trend in raw materials prices. The Company expects this to have a minor positive impact on its results for the second quarter of 2024. 3
Slide 9: USA Expansion | Project Update
USA Expansion | Project Update In December 2022, the company’s Board of Directors decided to establish a new production line in our North Carolina, USA facility, as an alternative to the originally planned expansion in Russia. The addition of this new Reicofil 5 machine will expand the company’s exi
Slide 10: Financial Results Q1-2024
VGOL Nonwovens dorama Ventures Company Financial Results Q1-2024
Slide 11: Quarterly Financial Highlights
Analyst Conference I Quarterly Financial Highlights USD Mn Q1’24 Q4’23 Q3’23 Q2’23 Q1’23 Revenues, net 86.5 79.4 80.3 78.3 80.0 10.9 9.1 13.6 10.9 11.9 Gross Profit 12.6% 11.4% 16.9% 13.9% 14.8% EBIT 3.6 1.2 7.0 3.4 4.0 3.4% 1.5% 8.8% 4.4% 5.0% 0.3 (1.8) 3.5 1.5 0.8 Net Profit 0.3% (2.3%) 4.3% 1.9%
Slide 12: Financial Results: Revenues and Gross Profit
Financial Results Results Q1’24 Key highlights • Driven by an increase of 12.8% in sales volumes. Revenues $86.5M vs $80M in Q1’2023 • The Gross Profit in Q1’24 includes a negative impact of about $1.3M in lag $10.9M vs $11.9M in Q1’2023 effect, compared to a positive impact of $0.5M in Q1’23. Gross
Slide 13: Financial Results: EBITDA and Underlying EBITDA
Financial Results Results Q1’24 Key highlights $10.0M vs $10.5M in Q1’2023 • EBITDA includes a negative impact of about $1.3M in lag, compared to a EBITDA positive impact of $0.5M in Q1’23. Underlying EBITDA $11.3M vs $10.0M in Q1’2023 • Mainly due to higher sales volumes across the board, Net Finan
Slide 14: Financial Results: Net Profit, Cash Flow, Leverage
Financial Results Results Q1’24 Key highlights Net Profit $0.3M vs $0.8M in Q1’2023 • Mainly influenced by a decrease in operating profit, partially offset by lower finance expenses. Operating • Mainly influenced by changes in working capital. Cash Flow $12.2M vs $14.6M in Q1’2023 Net Working • Main
Slide 15: Balance Sheet
Analyst Conference I Balance Sheet As on Mar 31 As on Dec 31 As on Mar 31 As on Dec 31 2024 2023 2024 2023 K'USD K'USD K'USD K'USD CURRENT LIABILITIES CURRENT ASSETS Short-term credit and current maturities of 7,681 10,387 Cash and cash equivalents 45,847 49,804 long-term loans from banking corporat
Slide 16: SAY HELLO!
SAY HELLO! Avgol is proud to support our clients with outstanding technical service and support To find out more about how Avgol can support your baby care diaper range developments, please visit avgol.com or contact us at: avgolinfo@avgol.com We Aspire to Create Nonwoven Innovations to Enhance the
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