Aumann AG · XETR:AAG
Aumann — German Equity Forum 2021
25 slides from Aumann's conference presentation, Nov 23, 2021
Slide 1: Aumann AG
Aumann AG A global leader in modular machines for E-mobility German Equity Forum | 23 November 2021
Slide 2: Aumann at a glance
Aumann at a glance TARGET Market leader for intelligent electromobility production solutions FOCUS Innovation and development partner of the automotive industry for the transformation towards electromobility KNOW-HOW Decades of experience in the realization of individual production solutions for ful
Slide 3: Aumann drives the E-mobility transformation
Aumann drives the E-mobility transformation Right strategy Global customers Fully automated E-mobility production lines … … based on modular machines … Business transformation* … leveraging know-how from Aumann’s 37% Classic segment 71% 64% 56% 73% 63% 44% 29% 36% 27% 2016A 2017A 2018A 2019A 2020A C
Slide 4: Strategic focus based on megatrends
Strategic focus based on megatrends Megatrends Specific Trends Aumann Product know-how E-drivetrain Energy storage / conversion Electrification Aumann Measuring Winding Assembly Welding Automation & Software Service Process know-how Testing 4
Slide 5: Three key areas contribute to E-mobility growth
Three key areas contribute to E-mobility growth Regulation Technology Consumer The starting point The revolution Emotions drive demand Stringent emission targets Continuing cost decrease Lifestyle factor Purchase incentives Battery electric range increase Environmental protection Tax b
Slide 6: Traditional OEM's installed EV capacity with massive headroom to grow
Traditional OEM‘s installed EV capacity with massive headroom to grow Annual global EV* registrations Annual global vehicle sales of selected OEM’s in thousand units in thousand units and share in % 10,710 500 Tesla 450 3,750 VW 400 350 2,820 300 2,520 96% 250 97% 200 BMW Daimler 94% 150 92% Renault
Slide 7: Manufacturers push electrification of their fleets
Manufacturers push electrification of their fleets 50 % of all new sales electrified by 2030 More than 80 % of all models electrified by 2030 New models purely electric from 2026, combustion engine phase-out until 2033 50 % of all new sales electrified by 2030 All newly launched vehicle architecture
Slide 8: EV sales will accelerate further with EV components gaining importance
EV sales will accelerate further with EV components gaining importance Expected vehicle sales worldwide Market share of automotive components in million units and share in % in % >100 95 98 93 90 Growing components 85 25% 26% Hybrid transmission 75 35% Battery, BMS, Inverter 47% 52% Domain con
Slide 9: Aumann's innovation competence is the foundation for success
Aumann’s innovation competence is the foundation for sucess System know-how Process Product know-how know-how 9
Slide 10: Financials 9M 2021
Oo aumann Financials 9M 2021
Slide 11: Aumann has seen a dynamic progress in 2021
Aumann has seen a dynamic progress in 2021 E-mobility order intake increased by 71.4% to € 120.6 million Large scale orders underline excellent position in battery technology Revenue increased by 6.0% to €41.4 million in Q3 and cumulatively reached €114.1 million Order backlog of €163.6 million reac
Slide 12: Dynamic order intake growth continues in 9M 2021
Dynamic order intake growth continues in 9M 2021 Order intake E-mobility order intake in € million in € million +43% +71% 175.9 120.6 Segment split 122.7 120.6 68.6% 70.4 70.4 52.3 55.3 31.4% 9M 2020 9M 2021 9M 2020 9M 2021 E-mobility Classic 12
Slide 13: Aumann delivers on its E-mobility strategy
Aumann delivers on its E-mobility strategy E-mobility order intake Order intake share in € million in % 120.6 +24% p.a. 88.4 74.9 31% 70.4 38% 9M 2017 9M 2021 51.1 62% 69% 9M 2017 9M 2018 9M 2019 9M 2020 9M 2021 E-mobility Classic 13
Slide 14: Strong order backlog will turn into revenue growth going forward
Strong order backlog will turn into revenue growth going forward Order backlog Revenue in € million in € million +29% -8% 163.6 123.7 114.1 126.4 99.0 79.8 71.2 73.2 64.6 43.9 42.9 53.2 Sept 2020 Sept 2021 9M 2020 9M 2021 E-mobility Classic 14
Slide 15: Revenue and EBITDA not yet reflect positive order intake trend
Revenue and EBITDA not yet reflect positive order intake trend seen in 2021 Revenue EBITDA* in € million in € million and in % of revenue -3.1% -1.8% -2.5% +2.5% 160.0 123.7 114.1 79.8 4.0 71.2 -2.0 -3.8 -4.0 43.9 42.9 9M 2020 9M 2021 2021 9M 2020 9M 2021 2021 Guidance Guidance E-mobility Classic *
Slide 16: Solid balance sheet bolsters internal and external growth opportunities
Solid balance sheet bolsters internal and external growth opportunities Balance sheet 30 September 2021 in € million 290 290 Non-current assets** 82 187 Equity (65%) Current assets** 114 Cash* 94 89 Other liabilities 80 € million Net cash Financial liabilities 14 Assets Equity & Liabilities * Liquid
Slide 17: Technology
Oo aumann Technology
Slide 18: Increasing demand for battery system production solutions
Increasing demand for battery system production solutions Share of electric vehicles in use Demand for battery systems in Germany in % in GWh per year +170% 24.4 2,623 11.1 971 282 1.2 184 0.3 0.5 2018 2019 2020 2025e 2030e 2018 2020 2025e 2030e Sources: Handelsblatt, KBA, Autohaus.de | McKinsey 18
Slide 19: Aumann expands portfolio for battery systems production solutions
Aumann expands portfolio for battery systems production solutions Battery pack assembly Full-scale assembly and end-of- Large project line functional testing of battery pack assembly systems Final assembly line for battery packs Battery module assembly High precision handling, electrical contacting
Slide 20: Battery pack assembly requires deep system, product and process know-how
Battery pack assembly requires deep system, product and process know-how Housing cover Battery management unit Battery modules Cooling system Battery box 20
Slide 21: Case study Hydrogen Fuel Cell – Aumann and Proton Motor
Case study Hydrogen Fuel Cell – Aumann and Proton Motor Collaboration for serial production of fuel cells Handelsblatt (24 June 2021) Hydrogen is regarded as an energy carrier of the future – but the automotive industry Aumann and Proton Motor developed a machine has only brought a few models onto
Slide 22: Key highlights of Aumann
Key highlights of Aumann Megatrend focus drives E-mobility business Technological pioneer for all E-mobility production solutions Decades of automotive experience and long-term client partnerships Asset-light business model and highly skilled engineers Solid financials with strong equity and net cas
Slide 23: No matter who will prevail the E-mobility revolution they will need production solutions
No matter who will prevail the E-mobility revolution they will need production solutions Made by Aumann www.aumann.com 23
Slide 24: Contact
Contact Aumann AG Dieselstr. 6 48361 Beelen Germany www.aumann.com Investor Relations Tel.: +49 2586 888 7800 Fax: +49 2586 888 7805 Email: ir@aumann.com 24
Slide 25: Disclaimer
Disclaimer The presentation, including any printed or electronic copy of these slides, the talks given by the presenters, the information communicated during any delivery of the presentation and any question and answer session and any document or material distributed at or in connection with the pre