Ntg Nordic Transport Group A/s · OMXCOP:NTG
Ntg Nordic Transport Group A/s — Q1 2021 Earnings Presentation
21 slides from Ntg Nordic Transport Group A/s's earnings presentation, May 2021
Slide 1: Q1 2021 Roadshow
Q1 2021 Roadshow NTG Nordic Transport Group May 2021
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 JESPER E. PETERSEN SØREN H. PAPE Group CEO Group CFO CEO Road & Logistics CEO Air & Ocean 3
Slide 4: Content
Highlights Business and financial review CONTENT Other key figures Outlook Appendix 4
Slide 5: Highlights for Q1 2021
Highlights Business and financial review Other key figures Outlook Highlights for Q1 2021 Appendix DOUBLE-DIGIT STRONG MARGIN POST-BREXIT INTEGRATIONS OUTLOOK GROWTH INCREASE NORMALISATION ON TRACK MAINTAINED 5
Slide 6: Financial review: Group (I/II)
Highlights Business and financial review Other key figures Outlook Financial review: Group (I/II) Appendix Q1 COMMENTS DKKm 2021 2020 ∆ Net revenue 1,541 1,311 17.6% ▪ Momentum in Q4 2020 Gross profit 335 275 21.8% continued into Q1 2021. Adjusted EBIT 101 45 125.3% Profit for the period 67 21 211.2
Slide 7: Financial review: Group (II/II)
Highlights Business and financial review Other key figures Outlook Financial review: Group (II/II) Appendix Gross margin Conversion ratio Operating margin 27% 35% 7% 6.9% 31.3% 6.6% 26% 30% 30.2% 6% 26.3% 5.5% 25% 25% 5% 24% 20% 4% 23% 22.0% 15% 3% 22% 21.8% 10% 2% 21% 20.9% 5% 1% 20% 0% 0% -1% -5%
Slide 8: Business review: Road & Logistics
Highlights Business and financial review Other key figures Outlook Business review: Road & Logistics Appendix ROAD FREIGHT LOGISTICS DYNAMICS AND FORWARDING ACTIVITIES CAPACITY BREXIT ACTIVITIES MARKETS FOOTPRINT GROWTH JESPER E. ORGANISATION STRATEGY PETERSEN ORGANIC ACQUISITIONS REGIONAL MANAGEMEN
Slide 9: Financial review: Road & Logistics
Highlights Business and financial review Other key figures Outlook Financial review: Road & Logistics Appendix Q1 COMMENTS DKKm 2021 2020 ∆ Net revenue 1,178 1,068 10.4% ▪ Activity increase driven Gross profit 260 212 22.3% by Nordic, Dutch, and Adjusted EBIT 81 47 74.9% English entities. Gross marg
Slide 10: Business review: Air & Ocean
Highlights Business and financial review Other key figures Outlook Business review: Air & Ocean Appendix AIR FREIGHT OCEAN FREIGHT DYNAMICS AND CAPACITY ACTIVITIES MARKETS FOOTPRINT GROWTH SØREN H. ORGANISATION STRATEGY PAPE ORGANIC ACQUISITIONS PEOPLE IT & PROCESSES 10
Slide 11: Financial review: Air & Ocean
Highlights Business and financial review Other key figures Outlook Financial review: Air & Ocean Appendix Q1 COMMENTS DKKm 2021 2020 ∆ Net revenue 363 243 49.4% ▪ Growth driven by Gross profit 76 63 20.2% extraordinary freight Adjusted EBIT 20 0 n.m. rates and increasing activity. Gross margin 20.9%
Slide 12: Other key figures
Highlights Business and financial review Other key figures Outlook Other key figures Appendix Net working capital (DKKm) Adjusted free cash flow1 (DKKm) Net interest-bearing debt2 (DKKm) 151 90 37 36 4 (29) (91) (146) (164) (151) (176) (173) (209) (208) (196) 30-Jun-20 31-Mar-20 31-Mar-21 30-Sep-20
Slide 13: Full-year outlook 2021
Highlights Business and financial review Other key figures Outlook Full-year outlook 2021 Appendix DKKm 2020 realised 2021 outlook Guidance principal assumptions Net revenue 5,332.2 5,900 - 6,300 ▪ Stable macroeconomic recovery with no new material adverse events. Adjusted EBIT 260.7 360 - 400 ▪ Ext
Slide 14: Appendix
Appendix __ P
Slide 15: Business model of NTG
Business model of NTG 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 offer end-to-end solutions 15
Slide 16: NTG at a glance
NTG at a glance Business segments Founded Revenue (DKK) Road & 20% 2011 5.3bn Logistics 2020 revenue Employees Revenue CAGR 2016-2020 80% Air & Ocean 1,482 26% Road & Logistics Air & Ocean Geographical footprint Operational subsidiaries Adj. EBIT (DKK) 68 Active in 23 countries 261m Operating margin
Slide 17: The history of NTG
The history of NTG 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Rapid expansion Country entry # New start-ups 2 2 1 2 5 4 5 2 6 4 - DK Nordics EAT ATS Cargo Kettermann TAK Solution CargoWorld HC Schmidt Peak Cargo NS Transcargo DAP UK EAT Group and Dahmen Logistics 2000 High M&A Spedition
Slide 18: Five-year overview
Five-year overview Net revenue (DKKm) Adjusted EBIT (DKKm) Adjusted free cash flow (DKKm) 26% 5.4% 314 5,332 5,332 4.7% 4.9% 4.2% 3.9% 4,512 261 2,896 189 208 2,135 158 102 115 110 35.7% 55.8% 101 78 24.7% 18.2% 0.0% 20161 2017 2018 2019 2020 20161 2017 2018 2019 2020 20161 2017 2018 2019 2020 Net r
Slide 19: Multiple avenues for future growth
Multiple avenues for future growth 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 model. Focus on growing and Add new product offerings and 1 op
Slide 20: The green transition
The green transition SCOPE 1 INITIATIVES ▪ Recycling and sorting at several sites. ▪ Electric and hybrid company cars offered. SCOPE 1 ▪ Electric trucks in logistics facilities. SCOPE 3 Direct SCOPE 2 Indirect ▪ +40 locations ISO 14001 certified; Indirect additional locations expected in 2021. SCOPE
Slide 21: NTG Nordic Transport Group A/S
NTG Nordic Transport Group A/S Investor relations Press Hammerholmen 47-49 Christian D. Jakobsen Mathias Jensen-Vinstrup DK-2650 Hvidovre Group CFO Executive Vice President www.ntg.com +45 7632 0989 +45 7632 0990 CVR no. 12546106 ir@ntg.com press@ntg.com
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