Ntg Nordic Transport Group A/s · OMXCOP:NTG
Ntg Nordic Transport Group A/s — Q1 2023 Earnings Presentation
19 slides from Ntg Nordic Transport Group A/s's earnings presentation, May 2023
Slide 1: Q1 2023 Roadshow
Q1 2023 Roadshow NTG Nordic Transport Group May 2023
Slide 2: Information
Information This presentation has been prepared for information purposes only. This presentation (i) is Forward-looking statements may include, but are not limited to, projections of revenue, by necessity a summary of more detailed information, (ii) is not intended and should not statements relating
Slide 3: Today's presenter
Today’s presenter CHRISTIAN D. JAKOBSEN Group CFO 3
Slide 4: Agenda
Highlights Financial review AGENDA Other key figures Outlook for 2023 Q&A 4
Slide 5: Q1 2023 highlights
Highlights Financial review Other key figures Q1 2023 highlights Outlook for 2023 Q&A CHALLENGING MARKET MACROECONOMIC LOWER VOLUMES & DECLINE IN ORGANIC 2023 GUIDANCE DYNAMICS HEADWINDS LOWER RATES GROWTH FOR BOTH MAINTAINED DIVISIONS 5
Slide 6: Financial review: Group (I/II)
Highlights Financial review Other key figures Financial review: Group (I/II) Outlook for 2023 Q&A Q1 COMMENTS DKKm 2023 2022 ∆ ▪ Challenging market Net revenue 2,254 2,178 3.5% conditions in Q1 of 2023. Gross profit 477 428 11.4% Adjusted EBIT 150 160 (6.3)% ▪ Organic growth was under pressure from
Slide 7: Financial review: Group (II/II)
Highlights Financial review Other key figures Financial review: Group (II/II) Outlook for 2023 Q&A Gross margin Conversion ratio Operating margin 22% 45% 10% 21.3% 21% 21.2% 9% 21.1% 40% 20% 8% 35% 33.6% 7.1% 19% 7% 31.4% 6.7% 30% 18% 6% 25% 24.8% 5.3% 17% 5% 16% 20% 4% Q1’22 Q2’22 Q3’22 Q4’22 Q1’23
Slide 8: Financial review: Road & Logistics
Highlights Financial review Other key figures Financial review: Road & Logistics Outlook for 2023 Q&A Q1 COMMENTS DKKm 2023 2022 ∆ ▪ Challenging dynamics in the Net revenue 1,648 1,691 (2.5)% spot market led to larger Gross profit 348 352 (1.1)% focus on contracted revenue. Adjusted EBIT 117 126 (7.
Slide 9: Financial review: Air & Ocean
Highlights Financial review Other key figures Financial review: Air & Ocean Outlook for 2023 Q&A Q1 COMMENTS DKKm 2023 2022 ∆ ▪ Decline in freight rates Net revenue 605 487 24.2% continued and, coupled with Gross profit 129 77 67.5% lower volumes, led to a Adjusted EBIT 32 34 (5.9)% challenging quar
Slide 10: Other key figures
Highlights Financial review Other key figures Other key figures Outlook for 2023 Q&A Net working capital (DKKm) Adjusted free cash flow1 (DKKm) Net interest-bearing debt2 (DKKm) 545 367 262 223 152 201 220 39 74 45 (22) (37) (161) (165) (140) 30-Jun-22 31-Mar-22 31-Mar-23 30-Sep-22 31-Dec-22 Q1’23 Q
Slide 11: Full-year outlook 2023
Highlights Financial review Other key figures Full-year outlook 2023 Outlook for 2023 Q&A DKKm 2022 realised 2023 outlook Adjusted EBIT 758 620 - 700 Key assumptions ▪ The outlook assumes a weakening macroeconomic environment in the first half of 2023, followed by a gradual rebound in activity durin
Slide 12: Appendix
Appendix 7]
Slide 13: Business model of NTG
Highlights Financial review Other key figures Business model of NTG Outlook for 2023 Appendix NTG core competencies Contract logistics/ Last mile Shipper Contract logistics cross-docking freight Consignee Freight forwarding ✓ Asset-light business model ✓ Focus on road, air, and ocean freight ✓ Abili
Slide 14: NTG at a glance
Highlights Financial review Other key figures NTG at a glance Outlook for 2023 Appendix Business segments1 Founded Revenue1 (DKK) Road & 2011 10.2bn Logistics 34% 2022 revenue 66% Employees2 Revenue CAGR 2018-2022 Air & Ocean 2,005 23% Road & Logistics Air & Ocean Geographical footprint1 Operational
Slide 15: Five-year overview
Highlights Financial review Other key figures Five-year overview Outlook for 2023 Appendix Net revenue (DKKm) Adjusted EBIT (DKKm) Adjusted free cash flow (DKKm) 7.4% 7.4% 10,224 714 23% 4.9% 4.2% 3.9% 758 7,302 620-700 5,332 5,332 542 4,512 314 288 208 261 189 115 110 2018 2019 2020 2021 2022 2018
Slide 16: The history of NTG
Highlights Financial review Other key figures The history of NTG Outlook for 2023 Appendix 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Rapid expansion Country entry # New start-ups 2 2 1 2 5 4 5 2 6 4 - 2 DK Nordics EAT Solution ATS Cargo Kettermann TAK EAT CargoWorld HC Schmidt Peak
Slide 17: Global network of 66 subsidiaries in 22 countries
Highlights Financial review Other key figures Global network of 66 subsidiaries in 22 countries Outlook for 2023 Appendix Overview of operational subsidiaries Operational subsidiaries by region 31 4 1 2 Northern Europe East Asia 12 30 Western Europe Rest of World 10 3 Eastern Europe North America 2
Slide 18: Multiple avenues for future growth
Highlights Financial review Other key figures Multiple avenues for future growth Outlook for 2023 Appendix Acquisitions Accelerate growth by leveraging 3 M&A execution competencies. Establish new Add scale, new product 2 Establish newstart-ups using start-ups offerings, and new geographies. NTG’s pa
Slide 19: NTG Nordic Transport Group A/S
NTG Nordic Transport Group A/S Investor relations Press Hammerholmen 47 Christian D. Jakobsen Camilla Marcher Lydom DK-2650 Hvidovre Group CFO Investor Relations & Corporate Communication Manager www.ntg.com CVR no. 12546106 +45 4212 8099 +45 4212 8090 ir@ntg.com press@ntg.com
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