Slide 1: 9M 2023 results
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Slide 2: Disclaimer
Disclaimer This report contains forward-looking statements. These statements are based on current experience, estimates and projections of the Management Board and the information available at the time this report was prepared. They are not guarantees of future performance and results and are subjec
Slide 3: Agenda
Agenda 9M 2023 Highlights Financial Review Outlook & Closing Remarks Q&A 3
Slide 4: 9M 2023 Highlights
9M 2023 Highlights - the heart of your CALS | performance
Slide 5: Performance in line with expectations amid ongoing industry-wide destocking; focus remains on driving efficiencies
Performance in line with expectations amid ongoing industry-wide destocking; focus remains on driving efficiencies 9M 2023 HIGHLIGHTS Business trends observed in H1 2023 continued into Q3 2023; Group revenues at EUR 84.1 million; Adj. EBITDA at EUR 4.0 million Ongoing supply and demand imbalances pe
Slide 6: Continuing to streamline operating structures and refine resource management
Continuing to streamline operating structures and refine resource management Development & Capex Capacity Change Cost control Industrialization preservation utilization management processes 6
Slide 7: Financial Review
Financial Review the heart of your | lGears | ihestet
Slide 8: Revenue and profitability impacted by lower e-Mobility and e-Tools demand
Revenue and profitability impacted by lower e-Mobility and e-Tools demand Revenue (in EUR million) Gross Profit (in EUR million) Adjusted EBITDA (in EUR million) 53.5 60.0 14.0 102.5 11.9 12.0 42.6 50.0 83.5 38.5 -26.5% 40.0 10.0 28.3 8.0 -34.8% 30.0 31.8 20.7 6.0 20.0 4.0 4.0 7.1% 32.2 34.5 10.0 2.
Slide 9: Robust financial position – full maneuverability
Robust financial position – full maneuverability Net Debt and leverage position (in EUR million) • Net Debt – Net debt/LTM adj. EBITDA at 1.3x – Total net debt at EUR 9.7 million in 9M 2023 vs. net cash of 10.2 EUR 2.7 million at year end 2022 11.0 9.7 10.0 4.5 – Decrease in financial leases due to
Slide 10: Outlook & Closing Remarks
Outlook & Closing Remarks the ‘of your | ars | perrormance”
Slide 11: Confirming guidance for 2023
Confirming guidance for 2023 2023 Targets Revenue 2023 EUR 115 – 123 million Guidance Adjusted EBITDA EUR 5 – 9 million Free Cash Flow neg. EUR 9 – 12 million FY 2023 guidance assumptions • Overall, economic uncertainty and constraints are expected to continue • Demand temporarily impacted by high s
Slide 12: Mid-term outlook – promising markets will drive growth
Mid-term outlook – promising markets will drive growth Mid-term outlook… Group revenue of EUR 180 - 200 million, Of which e-Mobility 55% - 60% 250.0 180 - 200 …supported by: 200.0 01. Customer wins and strong existing pipeline 150.0 115 - 123 100.0 02. Product specialization and segmentation 50.0 03
Slide 13: Q&A
Q&A the heart of your byGears | Snes of