Avgol Industries 1953 Ltd · TASE:AVGL
Avgol Industries 1953 — Q3 2024 Earnings Presentation
16 slides from Avgol Industries 1953's earnings presentation, Dec 1, 2024
Slide 1: Financial Results Q3/2024
Financial Results Financial Results Q3/2024 Q1/2023 Sivan Yedidsion – CFO למסמך נגיש
Slide 2: Analyst Conference | Disclaimer
Analyst Conference | Disclaimer )" המידע הכלול במצגת וכל מידע אחר שיימסר במהלך הצגת המצגת (להלן – "המידע.)" בע"מ (להלן – "החברה1953 מצגת זו הוכנה ע"י חברת אבגול תעשיות ▪ המידע ניתן לצורך הנוחות. וכן לא מהווה תחליף לשיקול דעת של משקיע פוטנציאלי, ואינו מהווה המלצה או חוות דעת,אינו מהווה
Slide 3: Our Team, Our Footprint, Our Strategy
OUR TEAM 900 EMPLOYEES IN THE GLOBAL COMMERCIAL AND TECHNICAL TEAM OUR FOOTPRINT is a global leader in the 6 PRODUCTION SITES IN ISRAEL, USA, CHINA, RUSSIA manufacture of high-performance AND INDIA, SUPPLYING OVER 30 COUNTRIES spun-melt nonwoven materials for a wide range of market sectors including
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 THE SAME ENVIRONMENTAL OBLIGATION TO ACHIEVE NEW, MEANINGFUL, AND TIMELY RESULTS. IMPROVED TECHNOLOGIES TO INCREASE PRODUCT PERFORMANCE IN LIGHTER WEIGHTS BEING PROACTIVE B
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 18K MT 39K MT Gujarat, IN 10K MT MP, IN 10K MT SERVING CUSTOMERS IN OVER 30 COUNTRIES WW 6
Slide 7: Q3'24 Key Highlights
Analyst Conference | Q3’24 Key Highlights ▪ 2024 third quarter sales volume is up 7.2% compared to EBITDA UNDERLYING EBITDA the third quarter of 2023. Q3’24 Q3’23 Q3’24 Q3’23 ▪ The market is still facing the challenges of over-capacity and high level of competition, particularly in the Asia- Pacific
Slide 8: Polypropylene Indices Trend Per region
Analyst Conference | Polypropylene Indices Trend Per region Towards the end of the third quarter, raw material indices in North America started to decrease. If this trend continues, the Company expects this to have a positive impact on the results of the fourth quarter of 2024. 3500 3000 2500 2000 1
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 Q3-2024
AVGOL Nonwovens, na Ventures Company Financial Results Q3-2024
Slide 11: Quarterly Financial Highlights
Analyst Conference I Quarterly Financial Highlights $Mn Q3’24 Q2’24 Q1’24 Q4’23 Q3’23 Revenues, net 86.9 85.4 86.5 79.5 80.3 11.5 12.3 10.9 9.1 13.6 Gross Profit 13.2% 14.4% 12.6% 11.4% 16.9% 4.6 4.9 2.9 1.2 7.0 EBIT 5.3% 5.7% 3.4% 1.5% 8.8% 0.4 1.8 0.3 -1.8 3.5 Net Profit 0.4% 2.1% 0.3% -2.3% 4.4%
Slide 12: Financial Results: Gross Profit
Financial Results Results Q3’24 Key highlights Revenues $86.9M vs $80.3M in Q3’2023 Driven mainly by an increase of 7% in sales volumes The Gross Profit in Q3’24 includes a negative lag impact of Gross Profit $11.5M vs $13.6M in Q3’2023 about $0.5M, compared to a positive impact of $3.9M in Q3’23 $7
Slide 13: Financial Results: Underlying EBITDA
Financial Results Results Q3’24 Key highlights EBITDA includes a negative lag impact of about $0.5M, EBITDA $11.1M vs $13.5M in Q3’2023 compared to a positive impact of $3.9M in Q3’23. Increase in sales volume, partially offset by an increase in Underlying EBITDA $11.6M vs $9.6M in Q3’2023 manufactu
Slide 14: Financial Results
Financial Results Results Q3’24 Key highlights Net Profit $0.4M vs $3.5M in Q3’2023 Mainly influenced by the lag impact and higher financing expenses Operating Cash Flow $4.8M vs $5.1M in Q3’2023 Mainly influenced by changes in working capital Net Working Tightly maintained despite the increase in s
Slide 15: Balance Sheet
Analyst Conference I Balance Sheet As on Sep 30 As on Dec 31 As on Sep 30 As on Dec 31 2024 2023 2024 2023 KUSD KUSD KUSD KUSD CURRENT ASSETS CURRENT LIABILITIES Cash and cash equivalents 36,252 49,804 Short-term credit and current maturities of long- 7,882 10,387 term loans from banking corporation
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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