Slide 1: Conference Call: First-half-year report, July 28, 2020
Conference Call: First-half-year report, July 28, 2020 Dr. Ralf Koeppe | CEO
Slide 2: Conference Call: Half-year report
Conference Call: Half-year report ▪ Car wash data January – June 2020 ▪ Economic situation ▪ Financials – First-half-year results 2020 ▪ WashTec Performance Program ▪ Guidance 2020 2 | Conference Call: First-half-year report 2020 | WashTec AG
Slide 3: Car wash data from January to June 2020
Car wash data from January to June 2020 25.01.2020: Chinese New Year Followed by start of lockdown in Wuhan and other regions avg Washes China Middle of march: Start of European lockdown avg Washes Car wash business in france severly France restricted due to government regulations April: High amount
Slide 4: Economic situation / Financials – First-half-year 2020
Economic situation Financials – First-half-year 2020 4 | Conference Call: First-half-year report 2020 | WashTec AG
Slide 5: Economy – CAPEX slowdown in machinery industry since mid-2018
Economy – CAPEX slowdown in machinery industry since mid-2018 Machines Investment Expenditure / CAPEX Service IFO Juni 2020 Business expenses / OPEX Chemicals ▪ Service and Repairs ▪ Consumer goods 5 | Hauptversammlung 28. Juli 2020 | WashTec AG
Slide 6: First-half-year 2020 – Business in second quarter affected by Covid-19
First-half-year 2020 – Business in second quarter affected by impacts of Covid-19-pandemic Revenue EBIT EBIT margin 175.4 €m 5.2 €m 3.0% Free Cash Flow ROCE Earnings per Share 13.6 €m 16.1% 0.16 € 6 | Conference Call: First-half-year report 2020 | WashTec AG
Slide 7: First-half-year 2020 - Revenue by region
First-half-year 2020 - Revenue by region Revenue WashTec Group (-11.9%) H1 2020 H1 2019 175.4 €m 199.1 €m North America (+20.1%) H1 2020 H1 2019 33.4 €m 27.8 €m Europe (-16.7%) H1 2020 H1 2019 Asia/Pacific (-8.6%) 140.4 €m 168.6 €m H1 2020 H1 2019 7.4 €m 8.1 €m 7 | Conference Call: First-half-year r
Slide 8: First-half-year 2020 - EBIT by region
First-half-year 2020 - EBIT by region EBIT WashTec Group (-44.1%) H1 2020 H1 2019 5.2 €m 9.3 €m North America (+65.4%) H1 2020 H1 2019 -1.8 €m -5.2 €m Europe (-50.3%) H1 2020 H1 2019 Asia/Pacific (+75.0%) 7.7 €m 15.5 €m H1 2020 H1 2019 -0.3 €m -1.2 €m 8 | Conference Call: First-half-year report 2020
Slide 9: First-half-year 2020 – Revenue by product
First-half-year 2020 – Revenue by product Carwash management WashTec Group Equipment and service Chemicals business and others 199.1 €m 175.4 €m 170.4 €m 147.7 €m Change -11.9% Change -13.3% 23.8 €m 24.3 €m Change -11.4% Change -2.1% 3.9 €m 4.4 €m H1 2020 H1 2019 H1 2020 H1 2019 H1 2020 H1 2019 H120
Slide 10: Consolidated Income Statement
Consolidated Income Statement in €m H1 2020 H1 2019 change absolute Revenue 175.4 199.1 -23.7 Gross profit 100.7 113.7 -13.0 Gross profit margin (in %) 57.4 57.1 - Personnel expenses 66.6 71.7 -5.1 Personnel expenses ratio 38.0 36.0 - Other operating expenses* 23.2 27.3 -4.1 Amortization, depreciati
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet in €m June 30, 2020 Dec 31,2019 Balance Sheet Total 260.9 274.9 Goodwill 42.3 42.3 Equity 86.0 84.5 Equity ratio at reporting date (in %) 33.0 30.7 Net Financial Debt 46.4 56.4 Net Operating Working Capital 86.5 96.2 Net cash flow from investing activities -1.5 -6.8 Free c
Slide 12: WashTec Performance Program / Innovation SmartCare
WashTec Performance Program Innovation SmartCare 12 | Conference Call: First-half-year report 2020 | WashTec AG
Slide 13: Operational excellence at WashTec
Operational excellence at WashTec 440 Revenue in €m 420 Digitalization 400 and 380 Digital Transformation 360 340 Performance 320 Program 300 Supply Chain 280 Excellence Operational Expansion of direct business Excellence 260 240 Sales Excellence Service Engineering Excellence Excellence 220 200 201
Slide 14: Digital transformation – Innovation SmartCare
Digital transformation – Innovation SmartCare ▪ Monday or Saturday, summer or winter, rain or shine: optimum flexibility for maximum carwash custom every day ▪ Automated metering according to wash program for chemicals ▪ For operators: Remote access to easily manage system settings from any location
Slide 15: Guidance 2020
Guidance 2020 15 | Conference Call: First-half-year report 2020 | WashTec AG
Slide 16: Financial calendar 2020
Financial calendar 2020 July 28, 2020 Publication of half-year report September 21-25, 2020 Baader Investment Conference, Munich October 27, 2020 Publication of Q3 Statement November 16-18, 2020 Eigenkapital Forum Online 16 | Conference Call: First-half-year report 2020 | WashTec AG
Slide 17: 17 | Conference Call: First-half-year report 2020 | WashTec AG
17 | Conference Call: First-half-year report 2020 | WashTec AG
Slide 18: WashTec performance
WashTec performance in % SDax ▪ The negative effects of the COVID- 19 pandemic were also very clearly reflected in the development of the WashTec share indices. 0.0 ▪ The SDAX also deteriorated significantly by 7,8%. Jan`20 Mar‘20 Jun‘ 20 18 | Conference Call: First-half-year report 2020 | WashTec A
Slide 19: The Shareholders
The Shareholders 19 | Conference Call: First-half-year report 2020 | WashTec AG