Waberer's International Nyrt. · BET:WABERERS
Waberer's International Nyrt — Q3 2019 Earnings Presentation
10 slides from Waberer's International Nyrt's earnings presentation, Nov 8, 2019
Slide 1: Q3 2019 Results Presentation
Q3 2019 Results Presentation WABERER’S INTERNATIONAL Nyrt. Budapest, 8 November 2019
Slide 2: Forward-looking statements
Forward-looking statements This presentation may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefor
Slide 3: Agenda
Agenda | Transformation Programme Update | Group Finances |3
Slide 4: Q3 2019 results and the transformation programme
Q3 2019 results and the transformation programme Sequential improvement in EBIT and EBIT margin (IFRS 16(1), recurring figures) 10 10% EBIT (lhs) EBIT margin (rhs) 3.2 3.3 5 0.7 5% 1.8% 1.8% 0.4% 0 -1.5% -1.0% 0% -3.4% -4.7% -1.7 -5 -2.7 -5% -5.9 -10 -8.8 -10% Q1 Q2 Q3 Q4 Q1 Q2 Q3 2018 2018 2018 201
Slide 5: Agenda
Agenda | Market Update and Progress of Transformation | Group Finances |5
Slide 6: Group and Segment Results
Group and Segment Results Group Revenue and Recurring EBIT Group revenue decreased by 7% in Q3 2019 reflecting the (IFRS 16 (1), EUR mn) effect of the fleet reduction programme -7% Recurring EBIT was EUR -1.7 mn, down year-on-year by EUR 0.7 2.4 mn but the highest in the last 4 quarters 183 186
Slide 7: Income statement
Income statement Group selected income statement items (IFRS 16 (1), EUR mn unless otherwise stated) Better Better 2019 2018 (worse) (worse) Q3 Q3 EUR mn percent Revenue 169.8 182.6 (12.9) (7.1%) Direct Costs(2) (140.3) (150.3) 10.0 6.6% Gross profit 29.4 32.3 (2.9) (9.0%) OPEX(2) (17.0) (13.5) (3.5
Slide 8: Balance Sheet and Cash Flow
Balance Sheet and Cash Flow Group selected balance sheet items (IFRS 16 (1), EUR mn unless otherwise stated) 30 Sept. 2019 31 Dec. 2018 30 Sept. 2018 Total Non-current Assets 478 494 498 Total Current Assets 215 231 243 Total Assets 693 725 741 Total Shareholder's Equity 122 145 167 Total Liabilitie
Slide 9: WABERER'S INTERNATIONAL Nyrt. H-1239 Budapest, Nagykőrösi út 351.
WABERER’S INTERNATIONAL Nyrt. H-1239 Budapest, Nagykőrösi út 351. Tel: +36 1 421 6300 E-mail: investor.relations@waberers.com
Slide 10: Appendix: IFRS 16 impact
Appendix: IFRS 16 impact IFRS 16 impact on 30 September 2019 balance sheet IFRS 16 impact on Q3 2019 income statement Balance Balance Income Income sheet sheet statement statement IFRS 16 items IFRS 16 items before reported impact before impact reported IFRS 16 according IFRS 16 according adjustment
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