Slide 1: 9M 2022 Results Presentation
9M 2022 Results Presentation
Slide 2: Disclaimer
DISCLAIMER This report contains forward-looking statements. These statements are based on current experience, estimates and projections of the Management Board and the information available at the time this report was prepared. They are not guarantees of future performance and results and are subjec
Slide 3: Agenda
Agenda • 9M 2022 Highlights • Financial Review • Outlook & Closing Remarks • Q&A • Appendix 3
Slide 4: 9M 2022 Highlights
the heart of your WGears | shetty 4 ia ey ie .O) ac ~ N oO N = oO
Slide 5: E-Mobility Expansion Continues Despite Volatile Business Conditions
E-MOBILITY EXPANSION CONTINUES DESPITE VOLATILE BUSINESS CONDITIONS Macroeconomic Ongoing e-Mobility Contract wins and Full-year 2022 challenges expansion, while extension underline guidance and persist e-Tools and ongoing growth mid-term targets Conventional agenda reconfirmed remain at PY level 5
Slide 6: Financial Review
Financial Review the heart of your performance inGears
Slide 7: Further Expansion of the E-Mobility Business in Q3 2022
FURTHER EXPANSION OF THE E-MOBILITY BUSINESS IN Q3 2022 9M 2022 revenue Q3 2022 revenue e-Mobility revenue expansion up 1.3% yoy up 2.9% yoy continues (EUR M) (EUR M) Other 1.1 35.0 Conventional 16.0 32.2 30.0 14.0 e-Mobility + 17.1% 38.5 12.0 25.0 10.0 Revenues 20.0 (EUR M) - 14.6% 8.0 15.0 6.0 10.
Slide 8: Customer-Led Delays/Cancellations and Inflation-Driven Cost Increases Impact Profitability
CUSTOMER-LED DELAYS/CANCELLATIONS AND INFLATION-DRIVEN COST INCREASES IMPACT PROFITABILITY In EUR million or % 9M 2022 9M 2021 yoy Commentary Top-line progression held back by lower volumes due to order Revenue 103.6 102.3 1.3% postponements (e-Mobility) and some cancellations (e-Tools) Impacted by
Slide 9: Free Cash Flow Impacted by Precautionary Expansion of Inventory Levels and Ongoing Investments
FREE CASH FLOW1 IMPACTED BY PRECAUTIONARY EXPANSION OF INVENTORY LEVELS AND ONGOING INVESTMENTS In EUR million 9M 2022 9M 2021 yoy Commentary Decrease in EBITDA and increased inventory levels as a Net cash flow from operating -0.8 2.5 -3.2 precautionary measure regarding availability and in activiti
Slide 10: Outlook & Closing Remarks
Outlook & Closing Remarks
Slide 11: Optimizing Costs and Improving Resilience to Ensure Future Agility
OPTIMIZING COSTS AND IMPROVING RESILIENCE TO ENSURE FUTURE AGILITY 01. Secure energy and raw material supply • Low gas usage in German plant with robust mitigation plans in place • Gas supply secured by Governments in Italy and China • Energy-savings programme in place at all production sites • Loca
Slide 12: Full-Year 2022 and Mid-Term Guidance
FULL-YEAR 2022 AND MID-TERM GUIDANCE Group revenue in EUR million Mid term guidance 300 FY 2022 Guidance 250 250 Group revenue • EUR 250 million 200 Revenue • EUR 134 – 138 million Of which e-Mobility 134 – 138 150 126 135 • EUR 150 million 122 Adj. EBITDA 100 • EUR 14 – 17 million Free Cash Flow: 5
Slide 13: Q&A
Q&A sr ee the heart of your Gears | shetty
Slide 14: Appendix
Appendix the heart of your inGears | prin
Slide 15: Inflation-Driven Cost Increases Weigh on LFL EBITDA Margin Versus 9M 2021
INFLATION-DRIVEN COST INCREASES WEIGH ON LFL EBITDA MARGIN VERSUS 9M 2021; MARGIN ENHANCEMENT POST RAMP-UP EXPECTED Like-for-like¹ reconciliation of margins In EUR million or % 9M 2021 yoy 9M 2022 Inflation adj. 9M 2022 Volume/Mix adj. 9M 2022 LFL¹ Revenue 102.3 1.3% 103.6 98.7 Gross Profit 59.4 -9.