Slide 1: Q3 2014 Results
Q3 2014 Results November 2014
Slide 2: Disclaimer
Disclaimer This presentation has been prepared solely for use at this presentation of our results for the quarter ended September 30, 2014. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations. This presen
Slide 3: Presentation of Third Quarter 2014 Results
Presentation of Third Quarter 2014 Results Francisco J. Riberas Mera, President & CEO Francisco López Peña, Vice President & CFO Richard Egües, Director of International Financing ©2012 ©2014 GESTAMP GESTAMP 2 2
Slide 4: Introduction
Introduction Gestamp’s third quarter and September YTD results have demonstrated favorable trends in most geographies on the basis of new project ramp-ups and good volumes Growth in China in the quarter and YTD was more than 40%, such that China in Q3 comprises already over 8% of total sales G
Slide 5: Industry Production Volumes
Industry Production Volumes Quarterly Comparison Geographic Contributions to Growth in 2014 (million vehicles) +3,2% (‘000 vehicles) 87.375 +5,2% +3,6% +1,4% 22,17 22,18 22,28 21,96 196 325 +2,4% 21,40 21,07 1.804 20,75 20,26 705 822 151 83 555 84.701 Q1 Q1 Q2 Q2 Q3 Q3 Q4 Q4 2013 Western Eastern Nor
Slide 6: Review of Q3 2014 Results – Revenue (Million €)
Review of Q3 2014 Results – Revenue (Million €) Revenue 2014 Revenue at 2013 FX +10.1% +11.7% 1,522 1,544 1,383 1,383 1,363 Q3 2013 Q3 2014 Q3 2013 Q3 2014 Q3 2013 Revenues prior to IFRS 10 &11 Revenue increased by € 140 million, or 10.1%, to € 1,522 million in the third quarter of 2014 compared t
Slide 7: Review of Q3 2014 – EBITDA (Million €)
Review of Q3 2014 – EBITDA (Million €) EBITDA 2014 EBITDA at 2013 FX +10.0% +11.2% 147 149 134 134 131 Q3 2013 Q3 2014 Q3 2013 Q3 2014 Q3 2014 EBITDA prior to IFRS 10 &11 Consolidated EBITDA increased by 10.0% to € 147 million in the third quarter of 2014 compared to EBITDA of € 134 million in the
Slide 8: Review of Q3 2014 – Investments in Fixed Assets
Review of Q3 2014 – Investments in Fixed Assets Third Quarter 2013 2014 (Millions of Euros) We continue to follow through on our Capital expenditures moderation of capex in 2014 Intangible assets 17,2 18,3 Tangible assets 134,8 97,6 Capex during Q3 2014 amounted to € 116 Total 152,0 115,9 millio
Slide 9: Net Debt (Million €)
Net Debt (Million € ) December 31, March 31, June 30, September 30, 2013 2014 2014 2014 Interest bearing loans and borrowings 1.746,6 1.789,0 1.711,3 1.805,6 Financial leasing 28,9 28,1 28,0 28,6 Borrowings from associated companies 210,5 209,0 211,7 98,4 Other financial debts 88,6 86,8 93,2 80,1 To
Slide 10: Conclusion
Conclusion In summary, Q3 has been a good quarter for Gestamp Our growth, as expected, is considerably higher than market production growth Our FX-adjusted September 2014 YTD Revenue of € 4.76 bn and EBITDA of € 484.5 million was 10.5% higher than in 2013 Very strong growth in key markets ha
Slide 11: ©2014 GESTAMP
Gestamp ©2014'GESTAMP \