Slide 1: Conference Call March 21, 2018
Conference Call March 21, 2018
Slide 2: Clean Cars
“CLEAN CARS“ BEAUTY IS AN IMPORTANT PART OF OUR LIFE… … AND A BEAUTIFUL CAR IS ALSO QUALITY OF LIFE. WASHTEC’S WORLD IS A ALL OVER THE WORLD - AND WORLD OF FOR VEHICLES OF ALL KINDS. CLEAN, SLEEK, DRY THE CHALLENGES ARE MANY AND FINELY GROOMED AND VARIED. AUTOMOBILES. WE MASTER THEM. AS INVENTOR OF
Slide 3: Highlights 2017
HIGHLIGHTS 2017 CENTRALI- AWARD „FACTORY SATION OF THE YEAR“ TUNNEL NORTH AMERICA 3
Slide 4: Ongoing Strong Performance
ONGOING STRONG PERFORMANCE 425.0 372.8 52.2 in €m 340.9 44.1 36.4 26.2 28.1 20.8 2015 2016 2017 2015 2016 2017 2015 2016 2017 REVENUE EBIT FREE CASH FLOW +14.0% incl. FX Increase of 18.4% 4
Slide 5: All Products Contribute to Growth
ALL PRODUCTS CONTRIBUTE TO GROWTH in €m Rounding differences may occur 2017 2016 Chance abs. in % Equipment & Service 367.2 319.3 47.9 15.0 Chemicals 44.7 40.5 4.2 10.4 Operations business and others 13.1 13.0 0.1 0.8 Total 425.0 372.8 52.2 14.0 5
Slide 6: Increase in Europe and North America, Asia/Pacific Catching Up in H2
INCREASE IN EUROPE AND NORTH AMERICA, ASIA/PACIFIC CATCHING UP IN H2 Revenue in €m Group Europe North America Asia / Pacific +14.0 % +12.1 % +31.1 % -8.3 % 425.0 337.3 372.8 80.0 300.9 61.0 18.0 16.5 2016 2017 2016 2017 2016 2017 2016 2017 EBIT in €m and EBIT margin +18.4 % +17.2 % +78.8 % -86.7 % 5
Slide 7: Q4 2017 Below Prior Year
Q4 2017 BELOW PRIOR YEAR Revenue in €m Group Europe North America Asia / Pacific -0.4 % +4.6 % -19.1 % +12.2 % 113.0 112.6 91.2 87.2 22.5 18.2 4.9 5.5 2016 2017 2016 2017 2016 2017 2016 2017 EBIT in €m and EBIT margin -22.9 % -15.2 % -65.6 % -25.0 % 18.8 14.5 15.1 12.8 3.2 1.1 0.4 0.3 2016 2017 2016
Slide 8: Significant Increase in Earnings in 2017
SIGNIFICANT INCREASE IN EARNINGS IN 2017 2017 2016 Goal 2018 Revenue 425.0 372.8 Slight increase Gross margin 244.1 (57.4%) 223.0 (59.8%) Slight improvement Personnel expenses (131.6) [31.0%] (122.9) [33.0%] Grow below revenue performance Other operating expenses (57.7) [13.6%] (53.2) [14.3%] Grow b
Slide 9: Solid Balance Sheet Structure
SOLID BALANCE SHEET STRUCTURE Dez. 31, 2017 Dez. 31, 2016 Balance Sheet Total 233.9 218.1 Goodwill 42.3 42.3 Equity 94.2 87.4 Equity ratio 40.3% Net Financial Debt 7.1 4.5 Net Operating Working Capital 86.7 87.3 Improvement despite financing program Net Cash Outflow from investing activities (10.7)
Slide 10: 2017 – A Very Successful Year for Our Shareholders
2017 – A VERY SUCCESSFUL YEAR FOR OUR SHAREHOLDERS in % SHAREPERFORMANCE WASHTEC Trade Volume (XETRA) € 78.80 February Period 2018 2017 2016 pcs € 49.50 (Jan-Feb) 1,315,131 731,659 514,022 SDAX in T€ 57,449.6 23,835.1 7,087.0 T€ per day in average 2,872.5 1,191.8 337.5 0.0 Jan 1, 2017 Jun 2017 Dec 3
Slide 11: Financial Calendar
FINANCIAL CALENDAR April 18, 2018 Bankhaus Lampe Conference, Baden-Baden April 30, 2018 Q1 Report April 30, 2018 Annual General Meeting July 27, 2018 Q2 Report September 24-27, 2018 Baader Bank Investment Conference, Munich October 26, 2018 Q3 Report November 26-28, 2018 Equity Forum, Frankfurt 11
Slide 12: Forecast 2018
FORECAST 2018 ACTIVITIES 2018 GUIDANCE 2018 UNITI trade fair with launch of “Easy Carwash” Revenue increase of about 3% Disproportionate growth in business EBIT significant increase with independent customers Free cash flow significant increase Ongoing initiatives with focus on ROCE >2
Slide 13: WashTec Clean Cars
e~ WashTec CLEAN CARS® Q@ WashTec CLCAN CARs?
Slide 14: Backup: Shareholder Structure
BACKUP: SHAREHOLDER STRUCTURE Wellington Management Group LLP1); 3.03 % Diversity Industrie Holding AG; 4.00 % Treasury Shares; 4.25 % Paradigm Capital Value Fund2); 4.58 % Others; 42.52 % Investment AG für langfristige Investoren, TGV; 5.43 % Dr. Kurt Schwarz3); 6.82 % Kempen Oranje Participations
Slide 15: Disclaimer
No offer: This document does not constitute or form part of an offer for sale or subscription or an invitation or solicitation of an offer to subscribe for or purchase any securities and neither this document nor anything contained herein shall form the basis of any contract or commitment whatsoever