Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht · XETR:STO3
Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht — Sto SE & Co. KGaA — Investor Presentation (November 2023)
97 slides from Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht's investor presentation, Nov 20, 2023
Slide 1: Presentation for investors Sto SE & Co. KGaA
Presentation for investors Sto SE & Co. KGaA 20/11/2023 Sto SE & Co. KGaA reception building Design: Wilford Schupp Architekten, Stuttgart, DE Orange Blu, Stuttgart, DE 1
Slide 2: Presentation for investors
Presentation for investors 1 2 3 4 Key financial General figures / Business Forecast and conditions & Information model outlook strategy about the Sto share From page 3 From page 18 From page 36 From page 91 Disclaimer: Any statements in this presentation that relate to the future correspond to the
Slide 3: From our Guiding Principles
From our Guiding Principles Our vision: technology leader in the sustainable design of living space tailored to human needs. Worldwide. Our mission: building with conscience. World map in render in the Sto SE & Co. KGaA reception building 3 20/11/2023
Slide 4: Sto ─ segment turnover
Sto ─ segment turnover Share of Sto Group consolidated turnover for 2022 America/Asia/ Pacific Northern/ 204.3 Eastern 11.4% Europe 177.8 10.0% Western Europe 1,405.3 78.6% Turnover 2022 Sto Group: EUR 1,787.4 million Figures in EUR million and %. 4 20/11/2023
Slide 5: Sto ─ product groups
Sto ─ product groups Share of Sto Group consolidated turnover for 2022 Other product groups 270.2 15.1% Interiors 258.9 14.5% 856.2 Façade 47.9% systems 402.1 22.5% Turnover 2022 Façade coatings Sto Group: EUR 1,787.4 million Figures in EUR million and %; other product groups: Including floor coatin
Slide 6: Applications
Applications Sto products & systems Façade Interior coatings coatings Thermal insulation/ Concrete and floor rainscreen cladding coatings façade Lacquers, glazes, and stains Acoustic systems Internal insulation Simplified schematic diagram. 6 20/11/2023
Slide 7: Climate protection
Climate protection Sto’s business model makes a direct contribution 7 20/11/2023
Slide 8: Climate protection
Climate protection Sto products ─ external wall insulation system (EWIS) 1 2 3 4 3 5 StoTherm Classic®system build- up 1 ─ Bonding 2 ─ Insulation 3 ─ Reinforcing compound 4 ─ Reinforcing mesh 5 ─ Finish 8 20/11/2023
Slide 9: ETICS according to fire class and costs
ETICS according to fire class and costs (investor) Costs relatively Sto is an insulation-indifferentiated system provider for ETICS. Abbreviations: EPS = Expanded Polystyrene WF = Wood Fiber Therm Cell PIR = Polyisocyanurate Therm Wood (Timber) Therm Resol PF = Phenolic Foam MW = Mineral Wool Therm
Slide 10: Climate protection
Climate protection Sto products ─ reducing particulates and nitrogen oxides “Paint combats driving ban”: this was the eye-catching headline of the newspaper Bild some time ago, highlighting the possibility of using paint to significantly reduce air pollution in city centres. The newspaper report cit
Slide 11: Sto products
Sto products Biomimetic paints for over 20 years Lotusan: dirt runs off with the rain StoColor Dryonic: nice and dry, come what may 11 20/11/2023
Slide 12: Core target groups
Core target groups Direct distribution Trade/specialised companies General contractors Planners Housing industry Architects Investors The customers that purchase from the Sto brand are generally tradespeople or specialist companies. The market cultivation activities for the Sto brand focus on these
Slide 13: Sto – presence in Germany
Sto – presence in Germany Distribution Germany status March 2023 91 SalesCentres 343 employees in the sales force incl. application engineering Headquarters Stühlingen As at: 20.04.2023 13 20/11/2023
Slide 14: Sto – presence in Germany subsidiaries
Sto – presence in Germany 10 subsidiaries 1 StoCretec GmbH 2 SÜDWEST Lacke + Farben GmbH & Co. KG 3 STRÖHER Group - STRÖHER GmbH 4 - STRÖHER Produktions GmbH 3 - GEPADI FLIESEN GmbH 8 4 JONAS Farben GmbH 1 5 VIACOR Polymer GmbH 2 6 Verotec GmbH 7 Innolation GmbH Headquarters Stühlingen 5 6 8 Liaver
Slide 15: Sto – international presence
Sto – international presence Europe Iceland Finland 40 subsidiaries Norway Sweden 17 distribution partners Estonia Latvia Denmark United Kingdom Russia Lithuania Netherlands Poland Ireland Belgium Germany Luxembourg Czech Republic (2) France (3) Slovakia Moldova Austria Hungary Swizerland Slovenia R
Slide 16: Sto – international presence
Sto – international presence America, Africa, Asia/Pacific North America: 4 subsidiaries Canada Georgia Kyrgyzstan South Korea USA Japan (2) Lebanon Iraq China Israel Kuwait Mexico Morocco Jordan Qatar India Hong Kong (3) UAE Myanmar Taiwan Saudi Arabia Guatemala Caribbean Africa: Thailand Vietnam C
Slide 17: The Sto Group at a glance
The Sto Group at a glance Sto Group Company brand Mixed brand presence Individual/family brand 17 20/11/2023
Slide 18: Presentation for investors
Presentation for investors 1 2 3 4 Key financial General figures / Business Forecast and conditions & Information model outlook strategy about the Sto share From page 3 From page 18 From page 36 From page 91 Disclaimer: Any statements in this presentation that relate to the future correspond to the
Slide 19: The history of Sto
The history of Sto 1835: founding of lime and cement works in Weizen 19 20/11/2023
Slide 20: The history of Sto
The history of Sto 1954: acquisition of licence for synthetic resin render and start of production 1962: ISPO-Putz KG becomes Stotmeister & Co. Farben-und Baustoff-KG 20 20/11/2023
Slide 21: The history of Sto
The history of Sto 1988: Stotmeister GmbH changes to Sto AG 1992: introduction to the stock exchange 2014: Sto AG changes to Sto SE & Co. KGaA Sto SE & Co. KGaA communications building, Stühlingen Photo: Christian René Schulz, Bielefeld Design: Michael Wilford Architekten, Stuttgart/London 21 20/11/
Slide 22: The history of Sto
The history of Sto Family entrepreneurs: Jochen Stotmeister (1), Gerd Stotmeister (2), Fritz Stotmeister († 21.04.2022) (3) 1) Chairman of the Supervisory Board of STO Management SE & Chairman of the Executive Board (1988–2015) 2) Member of the Supervisory Board of STO Management SE & Chief Technolo
Slide 23: Executive Board of STO Management SE
Executive Board of STO Management SE Michael Keller Rainer Hüttenberger Jan Nissen Rolf Wöhrle Executive Board Spokesman of the Executive Board Executive Board Executive Board responsible for Sales Sto Brand responsible for Sales Sto Brand responsible for Process responsible for Finance, Controlling
Slide 24: Social responsibility
Social responsibility Everybody is talking about CSR – Corporate Social Responsibility. But actions speak louder than words. Sto is fulfilling its social responsibility in three concrete areas. 24 20/11/2023
Slide 25: Social responsibility
Social responsibility 1) Thermal insulation equals climate protection:our products. Sto has been selling facade insulation systems for over 50 years and supplied insulation for around 670 million m2 of facade surfaces from 1965 to 2021. This equates to a saving of 390 million tonnes of carbon dioxid
Slide 26: Social responsibility
Social responsibility TRAINING AND FURTHER EDUCATION FOR TRADESPEOPLE AND ARCHITECTS 2) Promoting young talent through education: the StoFoundation The foundation, which was launched in 2005, promotes the education of young people in trade and academic environments. It also supports projects for the
Slide 27: Social responsibility
Social responsibility 3) Sto is a member of Global Compact – a global pact between companies and the UN to make globalisation more socially responsible and eco-friendly. 27 20/11/2023
Slide 28: Strategy 2025
Strategy 2025 Global megatrends ─ Significant opportunities for Sto Climate change Future markets/ Sustainability Global Technology + Demographic Scarcity of + ecosystem Globalisation + global knowledge innovation change resources threats trends responsibility societies Global population Innovation
Slide 29: Strategy 2025
Strategy 2025 Climate targets set by politicians confirm Sto's path Objectives: European Continent climate neutral by 2050. Net greenhouse gas emissions reduced by 55% by 2030. Buildings account for: o 35 MILLION buildings could be > 40% of energy consumed RENOVATED > 36% of energy-related o 160,000
Slide 30: Strategy 2025
Strategy 2025 The Green Deal will give us tailwind - but we also have to do something about it The European Green Deal is a concept presented by the European Commission with the goal of Clean Energy Elimination of environmental pollution becoming climate neutral in the European Union by 2050. The Gr
Slide 31: Strategy 2025
Strategy 2025 Target dimensions of the new strategy at a glance Customer focus Performance potential We are a reliable and flexible We harness and promote partner, and stand for expert Finances potential in relation to market advice, functional products, Sustainable, reach, solutions leadership, and
Slide 32: Strategy 2025 strategic dimensions with core initiatives
Strategy 2025 3 strategic dimensions with 14 core initiatives Growth initiatives Profit initiatives 1. Core segment of external wall 10. Centrally managed supply chain insulation systems 11. Efficient process organisation 10 % 2. Two-stage distribution EBT 12. Reduced complexity 3. Market potential
Slide 33: Strategy 2025
Strategy 2025 Sustainability gaining importance at a global level Sto is aware of its responsibility to contribute to the fulfilment of the 17 Sustainable Development Goals (SDGs) of the United Nations and to respond to key trends: increased customer and stakeholder requirements, demand for “sustain
Slide 34: Strategy 2025
Strategy 2025 Our sustainability strategy at a glance Our vision Technology leader in the sustainable design of living space tailored to human needs. Worldwide. Our mission: Building with conscience Sustainability Function Aesthetic appeal Service Holistic approach Key areas of focus Objectives 34 2
Slide 35: Strategy 2025
Strategy 2025 Our core objectives for the Sto Group up to 2025 – relating to our company Climate protection Environmental Recycling economy Health and well- Transparency and Employees protection being social responsibility We are 100 % climate- We are reducing waste We are encouraging We ensure the
Slide 36: Presentation for investors
Presentation for investors 1 2 3 4 Key financial General figures / Business Forecast and conditions & Information model outlook strategy about the Sto share From page 3 From page 18 From page 36 From page 91 Disclaimer: Any statements in this presentation that relate to the future correspond to the
Slide 37: Presentation for investors
Presentation for investors Sto at a glance 3 From page 37 Consolidated interim report from the Management Board within the second half of 2023 Key financial From page 40 figures / Information Interim financial report for the period from 1 January to 30 June 2023 about the Sto From page 49 share Cons
Slide 38: Sto ─ at a glance
Sto ─ at a glance * From 2019 including IFRS 16 ** ROCE = EBIT divided by average capital employed. Capital employed = balance sheet values are determined on the basis of an arithmetic average of the respective reference date values at month end for the respective period. Capital employed = Intangib
Slide 39: Sto ─ at a glance
Sto ─ at a glance Group segment reporting as at 31 December 2022 39 20/11/2023
Slide 40: Presentation for investors
Presentation for investors Sto at a glance 3 From page 37 Consolidated interim report from the Management Board within the second half of 2023 Key financial From page 40 figures / Information Interim financial report for the period from 1 January to 30 June 2023 about the Sto From page 49 share Cons
Slide 41: Sto Group financial figures 01 – 09 2023
Sto Group financial figures 01 – 09 2023 Highlights 1,325.5 25.7 EUR million Turnover EUR million Investments* -4.1% vs. PY +4.9% vs. PY 5,903 Group EBT below previous year Employees +1.1% vs. PY Information acc. to IFRS; * without: financial assets and IFRS 16. 41 20/11/2023
Slide 42: Sto Group financial figures 01 – 09 2023
Sto Group financial figures 01 – 09 2023 Summary Turnover of the Sto Group down by 4.1 % to EUR 1,325.5 million in the first nine months of 2023 Decline due in particular to negative weather conditions and increasing uncertainty among investors in Germany Turnover down by 5.6 % in Germany and
Slide 43: Sto Group 01 – 09 2023 – Overview
Sto Group 01 – 09 2023 – Overview Business development mainly influenced by weather conditions Information acc. to IFRS; Rounding of amounts may lead to minor deviations in totals and in the calculation of percentages in this report. 43 20/11/2023
Slide 44: Sto Group turnover
Sto Group turnover 01 – 09 2023: Group turnover in particular below PY due to weather conditions in EUR million Information acc. to IFRS. 44 20/11/2023
Slide 45: Sto Group turnover
Sto Group turnover 01 – 09 2023: Group segment reporting in EUR million -4.2% -1.6% -5.4% Information acc. to IFRS. 45 20/11/2023
Slide 46: Sto group turnover
Sto group turnover 01 – 09 2023: Germany -5.6 %; Outside Germany -2.9% in EUR million Information acc. to IFRS. 46 20/11/2023
Slide 47: Sto group employees
Sto group employees 01 – 09 2023: Slight Group-wide increase in workforce numbers 47 20/11/2023
Slide 48: Sto Group investments
Sto Group investments 01 – 09 2023: Continuous investment in further growth in EUR million Information acc. to IFRS; however, without effects from IFRS 16, without investments and depreciation/amortisation of financial assets. 48 20/11/2023
Slide 49: Presentation for investors
Presentation for investors Sto at a glance 3 From page 37 Consolidated interim report from the Management Board within the second half of 2023 Key financial From page 40 figures / Information Interim financial report for the period from 1 January to 30 June 2023 about the Sto From page 49 share Cons
Slide 50: Sto Group financial figures 1. HY 2023
Sto Group financial figures 1. HY 2023 Summary (1/2) 856.3 14.1 EUR million Turnover EUR million Investments* -3.6% vs. PY -2.0% vs. PY 5,801 57.9 Employees EUR million EBT +0.1% vs. PY -7.9% vs. PY Information acc. to IFRS; * without: financial assets and IFRS 16. 50 20/11/2023
Slide 51: Sto Group financial figures 1. HY 2023
Sto Group financial figures 1. HY 2023 Summary (2/2) Consolidated turnover down by 3.6 % to EUR 856.3 million in the first half of 2023, mainly due to the weather conditions Decline in turnover of 4.4 % in Germany and 3.0 % outside of Germany Gross profit margin improves to 52.8 % as compared
Slide 52: Sto Group 1. HY 2023 - Overview
Sto Group 1. HY 2023 - Overview Information acc. to IFRS; Rounding of amounts may lead to minor deviations in totals and in the calculation of percentages in this report. 52 20/11/2023
Slide 53: Sto Group turnover
Sto Group turnover 1. HY 2023: Mainly negatively influenced by weather conditions in EUR million 1.000 888,4 856,3 800 778,1 665,1 664,5 600 400 200 1. HY 2019 1. HY 2020 1. HY 2021 1. HY 2022 1. HY 2023 Information acc. to IFRS. 53 20/11/2023
Slide 54: Sto Group turnover
Sto Group turnover 1. HY 2023: Group segmentreporting in EUR million Western Europe Northern/Eastern Europe America/Asia/Pacific 800 -4.3% 704.4 674.0 600 400 +2.3% -4.6% 200 86.1 97.9 82.1 100.2 0 1. HY 2022 1. HY 2023 Information acc. to IFRS. 54 20/11/2023
Slide 55: Sto Group turnover
Sto Group turnover 1. HY 2023: Turnover in Germany and outside Germany in Mio. € In Germany Outside Germany 600 500 515,0 499,4 436,0 400 379,4 373,4 356,9 351,7 342,1 300 312,8 285,6 200 100 0 1. HY 2019 1. HY 2020 1. HY 2021 1. HY 2022 1. HY 2023 Information acc. to IFRS. 55 20/11/2023
Slide 56: Sto Group EBIT & EAT
Sto Group EBIT & EAT 1. HY 2023: EBIT and EAT in EUR million EBIT EAT 80 70 68,9 60 64,0 58,2 50 50,3 40 44,1 44,0 40,2 30 31,7 29,2 20 20,8 10 0 1. HY 2019 1. HY 2020 1. HY 2021 1. HY 2022 1. HY 2023 Information acc. to IFRS. 56 20/11/2023
Slide 57: Sto Group employees
Sto Group employees 1. HY 2023: Marginal build-up of the Group workforce In Germany Outside Germany Sto Group 3.500 6.500 3.000 3.125 3.116 3.101 2.995 2.945 2.680 2.676 2.500 2.651 2.612 2.522 6.000 2.000 5.801 1.500 5.646 5.796 5.713 5.500 1.000 5.467 500 0 5.000 30.06.2019 30.06.2020 30.06.2021 3
Slide 58: Sto Group investments
Sto Group investments 1. HY 2023: Investment volume still slightly below previous year in EUR million 18,0 17,3 15,0 14,4 14,1 14,0 12,0 10,0 9,0 6,0 3,0 0,0 1. HY 2019 1. HY 2020 1. HY 2021 1. HY 2022 1. HY 2023 Information acc. to IFRS; however, without effects from IFRS 16, without investments an
Slide 59: Sto Group balance sheet
Sto Group balance sheet Very solid balance sheet structure as at 30/06/2023, strong equity base in EUR Non-current assets Equity capital million 506.8 690.5 (Equity ratio 60.4%) (EK Quote 60,4%) Current assets 540.4 Langfristige Non-current Rückstellungen provisions and & Verbindlichkeiten liabiliti
Slide 60: Sto Group 1. HY 2023 – P&L
Sto Group 1. HY 2023 – P&L Gross profit margin risen to 52.8% in 1. HY 2023 (1. HY 2022: 50.2%). Information acc. to IFRS. 60 20/11/2023
Slide 61: Sto Group 1. HY 2023 – Cash Flow Statement
Sto Group 1. HY 2023 – Cash Flow Statement Cash and cash equivalents at the end of the period below previous year Cash flow from current operating activities above previous year, in particular due to significantly reduced funds commitment in net working capital and lower income tax payments. Informa
Slide 62: Sto Group balance sheet
Sto Group balance sheet Comparison of balance sheet as at 30 June 2023 with previous year *of which inventories: 180.3 EUR million (1. HY 2022: 194.9 EUR million). Information acc. to IFRS. 62 20/11/2023
Slide 63: Sto Group balance sheet
Sto Group balance sheet Comparison of balance sheet as at 30 June 2023 with previous year Information acc. to IFRS. 63 20/11/2023
Slide 64: Presentation for investors
Presentation for investors Sto at a glance 3 From page 37 Consolidated interim report from the Management Board within the second half of 2023 Key financial From page 40 figures / Information Interim financial report for the period from 1 January to 30 June 2023 about the Sto From page 49 share Cons
Slide 65: Sto Group financial figures 01 – 03 2023
Sto Group financial figures 01 – 03 2023 Highlights 361.8 6.0 EUR million Turnover EUR million Investments* -1.7% vs. PY +7.1% vs. PY Seasonal deficit higher 5,771 compared to previous Employees year. -0.0% vs. PY Information acc. to IFRS; * without: financial assets and IFRS 16. 65 20/11/2023
Slide 66: Sto Group financial figures 01 – 03 2023
Sto Group financial figures 01 – 03 2023 Summary Consolidated turnover decreases by 1.7 % in the first quarter of 2023 compared to the high value achieved in the previous year, mainly as a result of the weather conditions Gross profit margin improves to 50.6 % as compared to previous year (previ
Slide 67: Sto Group 01 – 03 2023 – Overview
Sto Group 01 – 03 2023 – Overview Business development mainly influenced by weather conditions Information acc. to IFRS; Rounding of amounts may lead to minor deviations in totals and in the calculation of percentages in this report. 67 20/11/2023
Slide 68: Sto Group turnover
Sto Group turnover 01 – 03 2023: Group turnover slightly below PY’s figure due to weather conditions in EUR million 400 368,0 361,8 300 303,7 283,7 265,3 200 100 0 01 - 03 2019 01 - 03 2020 01 - 03 2021 01 - 03 2022 01 - 03 2023 Information acc. to IFRS. 68 20/11/2023
Slide 69: Sto Group turnover
Sto Group turnover 01 – 03 2023: Group segment reporting in EUR million Western Europe Northern/Eastern Europe America/Asia/Pacific 400 -2.3% 300 294,7 288,0 200 +0.7% +0.6% 100 42,5 42,2 31,3 31,1 0 01 - 03 2022 01 - 03 2023 Information acc. to IFRS. 69 20/11/2023
Slide 70: Sto group turnover
Sto group turnover 01 – 03 2023: Germany -3.2 %; Outside Germany -0.6% in EUR million In Germany Outside Germany 250 216,5 215,2 200 172,0 150 153,0 153,0 151,5 146,6 131,7 130,7 100 112,3 50 0 01 - 03 2019 01 - 03 2020 01 - 03 2021 01 - 03 2022 01 - 03 2023 Information acc. to IFRS. 70 20/11/2023
Slide 71: Sto group employees
Sto group employees 01 – 03 2023: Employees almost at PY's level In Germany Outside Germany Sto Group 3.500 6.500 3.000 3.134 3.125 3.101 2.997 2.934 2.500 2.646 2.639 2.636 2.604 6.000 2.486 2.000 1.500 5.771 5.633 5.773 5.500 1.000 5.705 5.420 500 0 5.000 31.03.2019 31.03.2020 31.03.2021 31.03.202
Slide 72: Sto Group investments
Sto Group investments 01 – 03 2023: Continuous investment in further growth in EUR million 12 11,3 10 8 6 6,0 5,8 5,6 4 4,2 2 0 01 - 03 2019 01 - 03 2020 01 - 03 2021 01 - 03 2022 01 - 03 2023 Information acc. to IFRS; however, without effects from IFRS 16, without investments and depreciation/amort
Slide 73: Presentation for investors
Presentation for investors Sto at a glance 3 From page 37 Consolidated interim report from the Management Board within the second half of 2023 Key financial From page 40 figures / Information Interim financial report for the period from 1 January to 30 June 2023 about the Sto From page 49 share Cons
Slide 74: Sto Group 2022
Sto Group 2022 Earnings improved and earnings forecast significantly exceeded, best values to date About the title image: A significant part of the future of building lies in the existing stock. Nevertheless, new construction will of course continue in the future. A project by the Italian architectu
Slide 75: Sto Group financial figures 2022
Sto Group financial figures 2022 Highlights 2022 1,787.4 47.4 EUR million Turnover EUR million Investments* +12.4% vs. PY +13,1% vs. PY 5,735 128.3 Employees EUR million EBT +0.7% vs. PY +0.3% vs. PY Information acc. to IFRS; * without: financial assets and IFRS 16. 75 20/11/2023
Slide 76: Sto Group financial figures 2022
Sto Group financial figures 2022 Summary Sto continues to grow in 2022 despite the difficult general conditions, and achieves the forecast turnover and earnings objectives Consolidated turnover up by 12.4 % to EUR 1,787.4 million compared to previous year Intense pressure on the gross profit m
Slide 77: Sto Group turnover
Sto Group turnover Continuous growth, new best value achieved in 2022 in EUR million 2.000 1.800 1.787,4 1.600 1.590,5 1.400 1.433,0 1.398,2 1.332,4 1.200 1.000 800 600 400 200 0 2018 2019 2020 2021 2022 Information in accordance to IFRS. 77 20/11/2023
Slide 78: Sto Group turnover
Sto Group turnover Positive development in Germany, as well as outside Germany, new best values achieved in EUR million In Germany Outside Germany 1.200 1.000 1.025,6 898,0 800 786,9 772,9 761,8 736,4 692,5 600 660,1 611,3 596,0 400 200 0 2018 2019 2020 2021 2022 Information in accordance to IFRS. 7
Slide 79: Development of EWIS market in Germany
Development of EWIS market in Germany Market volume in 2022 increased to highest value since 2014 50 39,6 40 36,6 36,3 36,0 36,5 34,9 33,6 33,9 34,3 35,1 33,3 Mio. m² 30 20 10 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023F Source: B+L Marktdaten GmbH: Quarterly Report Q4 2022 ETICS. B+L M
Slide 80: Sto Group turnover
Sto Group turnover Growth in all product groups, very significant for façade systems in EUR million Fascade systems Fascade coatings Interior Other product groups Other product groups Other product groups 248.0 270.2 Interior Interior 247.9 258.9 Façade coatings Façade coatings 354.6 402.1 Façade sy
Slide 81: Shares of insulation board sales
Sto Group shares of insulation board sales* as at 12/2021 As at 12/2022 1% 2% 3% 3% 26% 26% 70% 69% *only associates with ERP SAP, sales basis in m². 81 20/11/2023
Slide 82: Shares of insulation board sales Sto SE & Co. KGaA
Shares of insulation board sales Sto SE & Co. KGaA per 12/2021 per 12/2022 2% 1% 5% 5% 33% 33% 60% 61% *Sales basis in m². 82 20/11/2023
Slide 83: EBIT & EAT Sto Group
EBIT & EAT Sto Group New best EBIT. EAT in previous year influenced by special effects in EUR million EBIT EAT 140 129.7 120 124.5 120.8 100 94.7 89.1 80 85.9 81.9 80.7 60 56.3 53.8 40 20 0 2018 2019 2020 2021 2022 Information in accordance to IFRS. 83 20/11/2023
Slide 84: Sto Group employees
Sto Group employees Moderate increase in 2022 In Germany Outside Germany Sto Group 5.735 3.500 5.800 3.000 5.700 3.130 3.127 3.000 2.943 2.887 2.500 5.600 2.605 2.590 2.570 5.697 2.545 2.446 2.000 5.533 5.500 5.545 1.500 5.400 1.000 5.333 5.300 500 5.200 0 5.100 31.12.2018 31.12.2019 31.12.2020 31.1
Slide 85: Sto Group investments and depreciation/amortisation
Sto Group investments and depreciation/ amortisation Continual investments in further growth in EUR million Investments Depreciation/amortisation 50 47,4 46,9 45,5 40 42,0 41,9 41,7 35,3 33,2 30 32,1 31,3 20 10 00 2018 2019 2020 2021 2022 Information in accordance to IFRS; however, without effects f
Slide 86: Sto Group balance sheet
Sto Group balance sheet Very solid balance sheet structure as at 31/12/2022, strong equity base in EUR million Non-current assets Equity capital 494.8 685.1 (Equity ratio 62.4%) Current assets 483.5 Non-current provisions and liabilities 165.7 Current provisions and liabilities Cash and cash equival
Slide 87: ROCE Sto Group
ROCE Sto Group ROCE in 2022 influenced in particular by inventory build-up in % 25 20 19,7 18,9 17,3 15 15,6 14,0 10 5 0 2018 2019 2020 2021 2022 ROCE from 2019 including IFRS 16 ROCE = EBIT divided by average capital employed Capital employed = balance sheet values are determined on the basis of an
Slide 88: Presentation for investors
Presentation for investors Sto at a glance 3 From page 37 Consolidated interim report from the Management Board within the second half of 2023 Key financial From page 40 figures / Information Interim financial report for the period from 1 January to 30 June 2023 about the Sto From page 49 share Cons
Slide 89: Sto share
Sto share Shareholder structure and dividend information 16,00 14,00 14,46 14,06 12,00 12,6 10,00 8,00 Shareholder structure 9,09 8,39 6,00 4,00 5,00 5,00 5,00 4,09 4,09 2,00 0,00 6% 2018 2019 2020 2021 2022 Earnings per share Dividend payment* 37% Dividend yield** 57% 6,0% 5,0% 5,0% 3,9% 3,6% 4,0%
Slide 90: Sto share ─ Share price trend
Sto share ─ Share price trend 90 20/11/2023
Slide 91: Presentation for investors
Presentation for investors 1 2 3 4 Key financial General figures / Business Forecast and conditions & Information model outlook strategy about the Sto share From page 3 From page 18 From page 36 From page 91 82 Disclaimer: Any statements in this presentation that relate to the future correspond to t
Slide 92: Outlook
Outlook Significant opportunities and risks Significant opportunities Sto products and systems improve the energy efficiency of buildings and thus also contribute to climate protection Green Deal Government support programmes Price level energy Focus on heat pumps in heating technology wil
Slide 93: Outlook
Outlook Outlook for 2023 as a whole *in each case without factoring in the impact of an escalation of the Russia-Ukraine and Middle East conflicts. It must be pointed out that the weather conditions, which are important for the Sto Group's business development, may have a significant impact on the d
Slide 94: Outlook
Outlook Objectives for 2025 The Sto Group is aiming for a turnover of EUR 2.1 billion and a return on sales of 10% in relation to EBT by 2025. 94 20/11/2023
Slide 95: Contact
Contact Investor Relations Rolf Wöhrle, Member of the Executive Board of STO Management SE, Finance Contact via: Tel. +49 7744 57 – 1241 E-mail: s.zeller@sto.com 95 20/11/2023
Slide 96: Contact
Contact Investor Relations Sandra Zeller, Investor Relations Contact via: Tel. +49 7744 57 – 1241 E-mail: s.zeller@sto.com 96 20/11/2023
Slide 97: Thank you for your interest!
Thank you for your interest! Sto SE & Co. KGaA 20/11/2023 Sto SE & Co. KGaA reception building Design: Wilford Schupp Architekten, Stuttgart, DE Orange Blu, Stuttgart, DE 97
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