Hella Gmbh & Co. Kgaa · XETR:HLE
Hella Gmbh & Co. Kgaa — Corporate Update (September 2024)
8 slides from Hella Gmbh & Co. Kgaa's corporate update, Sep 26, 2024
Slide 1: HELLA Investor Update – Extraordinary Call
HELLA INVESTOR UPDATE Extraordinary Call September 26, 2024
Slide 2: HELLA accelerates measures to further improve cost structure and net cash flow
HELLA ACCELERATES THE MEASURES ALREADY INITIATED TO CONFIDENTIAL FURTHER IMPROVE COST STRUCTURE AND NET CASH FLOW Company outlook adjusted downwards to reflect increasing negative impact from deterioration of industry environment • Current global LVP estimate at -2.1% for Negative market 2024, 1.1m
Slide 3: Company Outlook – Downward Adjustment for FY 2024
HELLA COMPANY OUTLOOK – CONFIDENTIAL DOWNWARD ADJUSTMENT FOR FY 2024 Revision as of September 26, 2024 Company Outlook Jan 1, 2024, to Dec 31, 2024 Taking into consideration the latest S&P forecast of 88.5 million light vehicles to be produced in 2024 ACTUAL OUTLOOK PRIOR Sales Between around € 8.1
Slide 4: Cost-cutting measures further accelerated to sustainably improve operating income and net cash flow
CONFIDENTIAL COST-CUTTING MEASURES FURTHER ACCELERATED TO SUSTAINABLY IMPROVE OPERATING INCOME AND NET CASH FLOW Next to structural adjustments in the European network, prioritization and improvements in working capital and CAPEX are key levers FOCUS AREA ACTIONS IMPACT ❯ Acquisition focus on Americ
Slide 5: Key Takeaways
CONFIDENTIAL KEY TAKEAWAYS Necessity to adjust FY 2024 outlook; acceleration of cost-cutting and cash enhancement measures to sustainably improve operating income and net cash flow ➢ Adjustment of outlook with deterioration of general industry Company condition by far more than expected Outlook FY 2
Slide 6: Upcoming Events
CONFIDENTIAL UPCOMING EVENTS October 17, 2024 • Prelim. 9M FY 2024 (Sales Update) November 6, 2024 • 9M FY 2024 November 27, 2024 • Analysts Meeting Frankfurt February 27, 2025 • Prelim.12M FY 2024; FY 2025 Outlook March 10, 2025 • 12M FY 2024 P.6 | HELLA Investor Update | Extraordinary Conference C
Slide 7: Disclaimer
CONFIDENTIAL DISCLAIMER ◦ This document was prepared with reasonable care. Certain numerical data, financial information and market data in this presentation have been rounded in accordance with commercial rounding. However, no responsibility can be assumed for the correctness of the provided inform
Slide 8: -ORVIA
-ORVIA (HELLA WEE ee
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