Avgol Industries 1953 Ltd · TASE:AVGL
Avgol Industries 1953 — Q3 2013 Earnings Presentation
14 slides from Avgol Industries 1953's earnings presentation, November 2013
Slide 1: Q3-2013 Financial Results
Q3- 2013 Financial Results Analysts Conference Call November 2013
Slide 2: Analysts Conference Call disclaimer
Financial Results Analysts Conference Call This presentation is based on the Company financial reports. There is no data in this presentation that isn’t presented in the public financial reports. If there is any discrepancy between this presentation and the data in the financial report that was issu
Slide 3: Agenda
Analysts Conference Call Agenda • Key Highlights • Financial highlights • Revenue Breakdown • COGS Breakdown • Cash Flow • Balance Sheet 2
Slide 4: Presentation Team
Analysts Conference Call Presentation Team Mr. Michael Teacher Chairman Mr. Shachar Rachim CFO / Interim CEO 3
Slide 5: Financial Highlights
Analysts Conference Call Financial Highlights USD Million Q3 9M Q3 2013 % Q3 2012 9M 2013 % 9M 2012 Revenue, net 86.1 6% 81.3 253.0 7% 236.8 Gross Profit 13.5 -23% 17.6 40.7 -16% 48.5 15.7% 21.6% 16.1% 20.5% EBIT 8.3 -30% 11.9 23.7 -21% 29.9 9.7% 14.6% 9.4% 12.6% Net Profit 3.6 -54% 7.9 10.7 -42% 18
Slide 6: Analysts Conference Call (peer data)
Analysts Conference Call Pegas data – base ) except EBITDA )on Q2-13 This presentation is based on the Company’s financial reports. If there is any discrepancy between this presentation and the data in the financial reports, the valid data is the one which appears in the formal reports of the compan
Slide 7: Investments & Net Debt
Analysts Conference Call Investments & Net Debt • Net Debt/ EBITDA ratio decreased to 2.84 during Q3/13 ( vs 2.99 in Q2/13). • The company initiate its investment in new line at Russia. Till now we already paid approximately USD2M (USD5M in the third quarter). 6
Slide 8: Key Highlights: Financial Q3/2013
Analysts Conference Call Key Highlights Financial Q3/2013 The Company’s revenues in the first nine months of 2013 totaled USD 253 million, an approximately 6.8%increase compared to USD 236.5 million in the corresponding period of 2012 driven by higher production volumes. Revenues in the third qu
Slide 9: Key Highlights: Market & Business
Analysts Conference Call Key Highlights Market & Business • We continue to devote extensive management efforts in order to accelerate operational improvements in the US factory and we're starting to see the beginning of the change take effect. • Demand for our products in the US remains robust, and
Slide 10: Cost of Goods Sold (COGS)
Analysts Conference Call Cost of Goods Sold (COGS) • Materials share in the COGS decreased from 74.6% to 74 % Source: Company Financial Reports 9
Slide 11: Profit Development
Analysts Conference Call Profit Development Source: Company Financial Reports 10
Slide 12: Cash Flow
Analysts Conference Call Cash Flow Source: Company Financial Reports ST = Short Term; LT = Long Term 11
Slide 13: Balance Sheet Highlights
Analysts Conference Call Balance Sheet Highlights As on September 30 As on December 31 20 1 3 20 1 2 20 1 2 USD USD USD thousands thousands thousands Cash and cash equivalents 75,619 49,752 54,724 Short-term deposits - 10,000 - Trade receivables 58,687 55,482 51,329 Other receivables 5,456 6,310 3,8
Slide 14: Thank You
Financial Results Analysts Conference Call Thank You 13
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