Vossloh Aktiengesellschaft · XETR:VOS
Vossloh Aktiengesellschaft — Vossloh — Shareholder Meeting (May 2021)
22 slides from Vossloh Aktiengesellschaft's shareholder meeting presentation, May 19, 2021
Slide 1: Annual General Meeting of Vossloh AG, May 19, 2021
ANNUAL GENERAL MEETING OF VOSSLOH AG MAY 19, 2021
Slide 2: Fiscal Year 2020
FISCAL YEAR 2020 2 Annual General Meeting of Vossloh AG, May 19, 2021
Slide 3: Vossloh Group: Very successful 2020 fiscal year despite numerous challenges
VOSSLOH GROUP VERY SUCCESSFUL 2020 FISCAL YEAR DESPITE NUMEROUS CHALLENGES Rail infrastructure with a high degree of resilience Megatrends retain their relevance and increase demand for sustainable rail mobility Huge thanks to all employees around the world! 2020 – a turning point in the history of
Slide 4: Fiscal Year 2020 Financial Indicators
FISCAL YEAR 2020 FINANCIAL INDICATORS 4 Annual General Meeting of Vossloh AG, May 19, 2021
Slide 5: Vossloh Group: Sales and earnings increased significantly
VOSSLOH GROUP SALES AND EARNINGS INCREASED SIGNIFICANTLY 12/31/2019 12/31/2020 KEY GROUP INDICATORS 2019 2020 KEY GROUP INDICATORS 2019 2020 Orders received € mill. 866.71 915.5 Equity € mill. 403.6 414.5 Sales revenues € mill. 861.51 869.7 Equity ratio % 30.3 34.1 EBITDA/EBITDA margin € mill./% 105
Slide 6: Core Components Division 2020 Fiscal Year
CORE COMPONENTS DIVISION 2020 FISCAL YEAR 6 Annual General Meeting of Vossloh AG, May 19, 2021
Slide 7: Core Components Division, 2020 FY
CORE COMPONENTS DIVISION, 2020 FY SALES SIGNIFICANTLY HIGHER, INCREASE IN EBIT AND EBIT MARGIN DUE TO POSITIVE EFFECT Sales (in € mill.) EBIT1 (in € mill.) EBIT margin1 (in %) 351.7 375.3 51.6 39.3 13.7 11.2 2019 2020 2019 2020 2019 2020 1 Figures for previous year adjusted for one-time effects from
Slide 8: Customized Modules Division 2020 Fiscal Year
CUSTOMIZED MODULES DIVISION 2020 FISCAL YEAR 8 Annual General Meeting of Vossloh AG, May 19, 2021
Slide 9: Customized Modules Division, 2020 FY
CUSTOMIZED MODULES DIVISION, 2020 FY SALES BELOW PREVIOUS YEAR DUE TO THE PANDEMIC; EBIT AND EBIT MARGIN SIGNIFICANTLY IMPROVED Sales1 (in € mill.) EBIT2 (in € mill.) EBIT margin2 (in %) 418.3 401.8 30.0 23.7 7.5 5.0 2019 2020 2019 2020 2019 2020 1 Figures for previous year excluding US switch busin
Slide 10: Lifecycle Solutions Division 2020 Fiscal Year
LIFECYCLE SOLUTIONS DIVISION 2020 FISCAL YEAR 10 Annual General Meeting of Vossloh AG, May 19, 2021
Slide 11: Lifecycle Solutions Division, 2020 FY
LIFECYCLE SOLUTIONS DIVISION, 2020 FY SALES ON A PAR WITH THE PREVIOUS YEAR, EBIT AND EBIT MARGIN SIGNIFICANTLY INCREASED Sales (in € mill.) EBIT1 (in € mill.) EBIT margin1 (in %) 106.0 103.8 8.8 6.2 8.4 5.9 2019 2020 2019 2020 2019 2020 1 Figures for previous year adjusted for one-time effects from
Slide 12: Vossloh Group First Quarter 2021
VOSSLOH GROUP FIRST QUARTER 2021 12 Annual General Meeting of Vossloh AG, May 19, 2021
Slide 13: Vossloh Group, Q1 2021: Highest operating result in ten years
VOSSLOH GROUP, Q1 2021 HIGHEST OPERATING RESULT IN TEN YEARS 1–3/ 1–3/ SALES (in € mill.) EBIT1 (in € mill.) KEY GROUP INDICATORS 2020 2021 Orders received € mill. 291.9 260.0 Order backlog (on 3/31) € mill. 663.3 644.8 EBIT margin1 % 0.5 5.8 207.1 182.9 Net income € mill. (2.6) 6.1 12.1 Free cash f
Slide 14: Hybrid note contributes to improved equity ratio and reduced net financial debt
VOSSLOH GROUP, Q1 2021 HYBRID NOTE CONTRIBUTES TO IMPROVED EQUITY RATIO AND REDUCED NET FINANCIAL DEBT NET FINANCIAL DEBT EQUITY RATIO (in %) EXCLUDING LEASING (in € mill.) /Placement of a sustainability-oriented hybrid note with a volume of €150 million in Feb 2021 /The hybrid note is recognized as
Slide 15: Corporate Strategy
CORPORATE STRATEGY 15 Annual General Meeting of Vossloh AG, May 19, 2021
Slide 16: High level of rail infrastructure availability required
HIGH LEVEL OF RAIL INFRASTRUCTURE AVAILABILITY REQUIRED MEGATRENDS DRIVING INCREASE IN RAIL TRAFFIC / Shifting a significant amount of traffic onto the rail network is necessary to limit global warming / Numerous investment programs launched worldwide to promote rail-based mobility, such as: − US in
Slide 17: Group Strategy: Railway physics understanding a key success factor (I/II)
VOSSLOH GROUP: STRATEGY DEEP AND COMPREHENSIVE UNDERSTANDING OF RAILWAY PHYSICS IS A KEY SUCCESS FACTOR (I/II) Group strategy is composed of three main pillars: / Strengthening the existing product and service business / Expanding the service business to include digital-based, smart maintenance solu
Slide 18: Group Strategy: Railway physics understanding a key success factor (II/II)
VOSSLOH GROUP: STRATEGY DEEP AND COMPREHENSIVE UNDERSTANDING OF RAILWAY PHYSICS IS A KEY SUCCESS FACTOR (II/II) Second pillar: Expanding the service business to include digital-based, smart maintenance solutions / Guarantor of maximum track availability / Condition data of maintenance machines and o
Slide 19: Even stronger focus on sustainability and optimization of processes
VOSSLOH GROUP: STRATEGY EVEN STRONGER FOCUS ON SUSTAINABILITY AS WELL AS OPTIMIZATION OF PROCESSES AND STRUCTURES Third pillar: Sustainability and efficiency / Sustainability factors play an increasingly important role, also in calls for tenders / Sustainability is firmly established in Vossloh’s va
Slide 20: Outlook
OUTLOOK 20 Annual General Meeting of Vossloh AG, May 19, 2021
Slide 21: Group: Outlook and medium-term ambitions
VOSSLOH GROUP: OUTLOOK AND MEDIUM-TERM AMBITIONS SIGNIFICANT INCREASE IN OPERATIONAL PROFITABILITY EXPECTED MEDIUM-TERM AMBITIONS OUTLOOK 20211 Sales Sales growth 2020: €869.7 million 2021E: €850 million to €925 million 4–5% p.a. on average; significantly higher than the average EBITDA margin market
Slide 22: Thank you for your attention!
Enabling green mobility Annual General Meeting of Vossloh AG May 19, 2021 THANK YOU FOR YOUR ATTENTION!