Slide 1: H1 2021 Results Presentation
H1 2021 Results Presentation
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 half-yearly financial report was prepared. They are not guarantees of future performance and
Slide 3: Agenda
Agenda • Company Overview • H1 2021 Highlights • Financial Review • Conclusion & Outlook • Q&A 3
Slide 4: Company Overview
Company Overview the heart of your performance InGears
Slide 5: About us
LISTED ON THE FRANKFURT STOCK EXCHANGE SINCE 21 MAY 2021 Disciplined Allocation of IPO Proceeds European leader for e-mobility high precision gears & components Aiming to be the leading manufacturer worldwide for best-in- • Enhance organic growth in class precision gears and e-Mobility business area
Slide 6: hGears at a Glance
HGEARS AT A GLANCE Key Business Information Revenue Breakdown as of Dec 31, 2020 • Leading position as a supplier of 67.5% X3 e-Mobility of e-Tools Conventional Production sites “mission-critical” high precision sales in Germany, Italy, gears and components for the e-Bikes e-Vehicles Prof. Power & A
Slide 7: H1 2021 Highlights
H1 2021 Highlights the heart of your daGrears | parce
Slide 8: Strong Business Performance in H1 2021 Underpins Strategic Focus
STRONG BUSINESS PERFORMANCE IN H1 2021 UNDERPINS STRATEGIC FOCUS Key Highlights Market Trends Business Operations Tailwinds for e-mobility 1: IHS Markit, March 2021; 2: Cycle Industries Europe, CONEBI and ECF • Group revenues at EUR 70.5 • Strong constant demand in • Expanding volume growth million,
Slide 9: Financial Review
> o) inancial Revi F the heart of your performance inGears
Slide 10: E-Mobility Leading Revenue Growth
E-MOBILITY LEADING REVENUE GROWTH Revenue Bridge in EUR million 80 75 3.1 0.4 70.5 70 3.9 5.4 65 57.7 60 55 50 H1 2020 e-Mobility e-Tools Conventional Others H1 2021 Revenue Performance • Growth primarily driven by an expansion of order volumes of existing customers • e-Mobility rose by 28.0% from E
Slide 11: H1 2021 Revenue Growth Drives Margin Expansion
H1 2021 REVENUE GROWTH DRIVES MARGIN EXPANSION In EUR million or % H1 2021 H1 2020 y-o-y Commentary Growth primarily driven by an expansion of order Revenue 70.5 57.7 22.2% volumes of existing customers Higher efficiency in production and increased share of Gross Profit 41.1 31.9 28.6% e-Mobility sa
Slide 12: Free Cash Flow Reconciliation
FREE CASH FLOW RECONCILIATION In EUR million H1 2021 H1 2020 y-o-y Commentary Net cash flow from (for) operating Repayment of the accrued interest on the shareholder 1.3 4.2 -2.8 activities loans, increase of inventory and trade receivables Net cash flow from (for) investing -3.7 - 2.3 -1.4 Producti
Slide 13: Net Debt Structure
NET DEBT STRUCTURE In EUR million 30 June 2021 31 Dec 2020 Commentary Shareholder loan - 14.3 Repaid with IPO proceeds Bank loans (short + long-term) 24.5 39.3 Reduction of long-term loan during the IPO process Leasing liabilities (short + long-term) 15.1 16.2 Total debt 39.6 69.8 Cash 53.5 23.4 Dri
Slide 14: Outlook & Closing Remarks
Outlook & Closing Remarks 14
Slide 15: Recent Performance Underpins Resilience of Business Model
RECENT PERFORMANCE UNDERPINS RESILIENCE OF BUSINESS MODEL Strong business attributes Operational visibility Financial discipline Reconfirming • Strong single-digit growth in Group revenues guidance for • Double-digit growth in e-Mobility business area • Further increase of share of revenues of the e
Slide 16: Q&A
Q&A as ae ee Spa the heart of your lnGears | thet fy