Ntg Nordic Transport Group A/s · OMXCOP:NTG
Ntg Nordic Transport Group A/s — Q3 2022 Earnings Presentation
19 slides from Ntg Nordic Transport Group A/s's earnings presentation, November 2022
Slide 1: Q3 2022 Roadshow
Q3 2022 Roadshow NTG Nordic Transport Group November 2022
Slide 2: Information
Information This presentation has been prepared for information purposes only. This presentation (i) is Forward-looking statements may include, but are not limited to, projections of revenue, by necessity a summary of more detailed information, (ii) is not intended and should not statements relating
Slide 3: Today's presenters
Today’s presenters MICHAEL LARSEN CHRISTIAN D. JAKOBSEN Group CEO Group CFO 3
Slide 4: Agenda
Highlights Financial review AGENDA Other key figures Outlook Appendix 4
Slide 5: Q3 2022 highlights
Highlights Financial review Other key figures Q3 2022 highlights Outlook Appendix MARKET DYNAMICS CAPACITY SITUATION SOFTENING MARKET DOUBLE-DIGIT TOPLINE FULL-YEAR OUTLOOK GRADUALLY CHANGING STABILISING IN R&L CONDITIONS IN A&O AND PROFIT GROWTH MAINTAINED 5
Slide 6: Financial review: Group (I/II)
Highlights Financial review Other key figures Financial review: Group (I/II) Outlook Appendix Q3 YTD COMMENTS DKKm 2022 2021 ∆ 2022 2021 ∆ ▪ Strong results across both Net revenue 2,821 1,870 50.9% 7,728 5,130 50.6% divisions in Q3 20222 with Gross profit 533 369 44.7% 1,494 1,031 45.0% double-digit
Slide 7: Financial review: Group (II/II)
Highlights Financial review Other key figures Financial review: Group (II/II) Outlook Appendix Gross margin1 Conversion ratio1 Operating margin 22% 45% 9% 21% 39.7% 8% 7.7% 20% 19.5% 40% 39.2% 7.4% 19% 18.9% 38.5% 7% 6.9% 18% 17.9% 35% 17% 6% 16% 15% 30% 5% Q3’21 Q4’21 Q1’22 Q2’22 Q3’22 Q3’21 Q4’21
Slide 8: Financial review: Road & Logistics
Highlights Financial review Other key figures Financial review: Road & Logistics Outlook Appendix Q3 YTD COMMENTS DKKm 2022 2021 ∆ 2022 2021 ∆ ▪ Gradual stabilisation of Net revenue 1,730 1,392 24.3% 5,151 3,896 32.2% capacity situation in Q3 2022. Gross profit 338 282 19.8% 1,038 790 31.4% Adjusted
Slide 9: Financial review: Air & Ocean
Highlights Financial review Other key figures Financial review: Air & Ocean Outlook Appendix Q3 YTD COMMENTS DKKm 2022 2021 ∆ 2022 2021 ∆ ▪ Softening market conditions Net revenue 1,091 477 128.7% 2,577 1,234 108.9% with freight rates declining by Gross profit 196 87 125.6% 456 241 89.3% double-digi
Slide 10: Other key figures
Highlights Financial review Other key figures Other key figures Outlook Appendix Net working capital (DKKm) Adjusted free cash flow1 (DKKm) Net interest-bearing debt2 (DKKm) 545 223 152 367 112 76 74 39 41 25 (22) (37) (139) (161) (187) 30-Jun-22 31-Mar-22 30-Sep-21 30-Sep-22 31-Dec-21 Q3’21 Q4’21 Q
Slide 11: Full-year outlook 2022
Highlights Financial review Other key figures Full-year outlook 2022 Outlook Appendix DKKm 2021 realised 2022 outlook Net revenue 7,301.9 9,700 – 10,200 Adjusted EBIT 542.0 700 – 750 Principal assumptions ▪ Gradual normalisation in the second half of the year. ▪ Stable macroeconomic environment with
Slide 12: Appendix
Appendix 7]
Slide 13: Business model of NTG
Highlights Financial review Other key figures Business model of NTG Outlook Appendix NTG core competencies Contract logistics/ Last mile Shipper Contract logistics cross-docking freight Consignee Freight forwarding ✓ Asset-light business model ✓ Focus on road, air, and ocean freight ✓ Ability to off
Slide 14: NTG at a glance
Highlights Financial review Other key figures NTG at a glance Outlook Appendix Business segments Founded Revenue1 (DKK) Road & 24% 2011 7.3bn Logistics 2021 revenue Employees2 Revenue CAGR 2016-2021 76% Air & Ocean 2,051 28% Road & Logistics Air & Ocean Geographical footprint Operational subsidiarie
Slide 15: Five-year overview
Highlights Financial review Other key figures Five-year overview Outlook Appendix Net revenue (DKKm) Adjusted EBIT (DKKm) Adjusted free cash flow (DKKm) 9,700 - 10,200 7.4% 700 - 750 314 288 28% 5.4% 4.9% 7,302 4.2% 542 3.9% 5,332 5,332 4,512 261 115 110 2,896 189 208 78 158 2017 2018 2019 2020 2021
Slide 16: The history of NTG
Highlights Financial review Other key figures The history of NTG Outlook Appendix 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Rapid expansion Country entry # New start-ups 2 2 1 2 5 4 5 2 6 4 - 1 DK Nordics EAT Solution ATS Cargo Kettermann TAK EAT CargoWorld HC Schmidt Peak Cargo NS
Slide 17: Global network of 65 subsidiaries in 22 countries
Highlights Financial review Other key figures Global network of 65 subsidiaries in 22 countries Outlook Appendix Overview of operational subsidiaries Operational subsidiaries by region 2 14 1 2 Northern Europe North America 12 29 Western Europe East Asia 10 3 Eastern Europe Rest of World 2 17 1 1 14
Slide 18: Multiple avenues for future growth
Highlights Financial review Other key figures Multiple avenues for future growth Outlook Appendix Acquisitions Accelerate growth by leveraging 3 M&A execution competencies. Establish new Add scale, new product 2 Establish newstart-ups using start-ups offerings, and new geographies. NTG’s partnership
Slide 19: Q&A
Q&A NTG Nordic Transport Group A/S Investor relations Press Hammerholmen 47 Christian D. Jakobsen Mathias Jensen-Vinstrup DK-2650 Hvidovre Group CFO Executive Vice President www.ntg.com +45 4212 8099 +45 4212 8090 CVR no. 12546106 ir@ntg.com press@ntg.com
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