BAUER Aktiengesellschaft · HAM:B5A0
BAUER Aktiengesellschaft — Bauer — FY2020 Earnings Presentation
18 slides from BAUER Aktiengesellschaft's earnings presentation, Apr 13, 2021
Slide 1: Analyst Conference FY 2020
Investor Relations Analyst Conference FY 2020 BAUER AG April 13, 2021
Slide 2: Overview
1 Overview ▪ BAUER Group ▪ Highlights 2020 2
Slide 3: Three closely interlinked segments – a business model with a future
BAUER Group Three closely interlinked segments – a business model with a future Mission The BAUER Group is a leading provider of services, equipment & products dealing with ground and groundwater. Construction Equipment Resources Global provider for One of the technical leading manufacturer Products
Slide 4: Highlights Business year 2020 - Positive development despite COVID-19
Highlights Business year 2020 - Positive development despite COVID-19 Total Group revenues EBIT* Earnings after tax Net debt Equity ratio EUR 1,454 million EUR 55.5 million EUR -8.2 million EUR 529 million 23.7% (-8.8%) (+64.8%) (EUR -36.6 million) (-6.2%) (23.8%) Significant financial developments
Slide 5: Development of the segments
2 Development of the segments ▪ Overview: Market environment and course of business ▪ Project highlights 5
Slide 6: Construction segment Overview
Construction segment Overview Market environment 2020 and course of business ▪ Significantly affected by exit and travel restrictions, with significant adverse effects on logistics for personnel, materials and construction equipment ▪ Strong regional differences due to country-specific Corona rules;
Slide 7: Equipment segment Overview
Equipment segment Overview Market environment 2020 and course of business ▪ Strongly impacted by investment restraint due to COVID 19 pandemic ▪ Very weak markets worldwide, with the exception of China due to strict corona measures and government construction activities ▪ Positive segment earnings d
Slide 8: Resources segment Overview
Resources segment Overview Market environment 2020 and course of business ▪ Resources segment relatively unaffected by the pandemic ▪ Environmental (especially brownfield remediation), the well construction materials and mining businesses showed positive development ▪ Restructuring measures almost c
Slide 9: BAUER Group FY 2020
3 BAUER Group FY 2020 ▪ Revenues & Earnings ▪ Order situation ▪ Working capital & Net debt 9
Slide 10: Revenues & Earnings – Group
Financials Revenues & Earnings – Group Revenues Development 2020 in EUR million Total Group revenues Sales revenues ▪ Decline in total Group revenues due to COVID 19 pandemic ∆ FY 2,000 1,686 1,595 -8.8% ▪ Correspondingly, sales revenues also below prior-year level 1,589 1,454 -8.7% 1,600 1,471 1,34
Slide 11: Order situation – Group
Financials Order situation – Group Order intake Development 2020 In EUR million ▪ Order intake only slightly down from prior year despite pandemic 1,722 1,609 -1.3% 1,589 ▪ COVID-19-related declines in the Equipment segment Q4 485 321 318 Q3 450 297 ▪ Construction segment with significant growth due
Slide 12: Working Capital, liabilities to banks & net debt – Group
Financials Working Capital, liabilities to banks & net debt – Group Working Capital Development 2020 in EUR million ▪ Measures to optimize working capital take effect: inventories as 750 well as receivables and other assets reduced 650 550 ▪ Liabilities to banks further reduced 450 350 ▪ Net debt re
Slide 13: Outlook
4 Outlook ▪ Strategic measures ▪ Capital increase ▪ Forecast 2021 13
Slide 14: Key measures 2020 – basis for positive development 2021
BAUER Group Key measures 2020 – basis for positive development 2021 ▪ Significant reduction in net debt achieved Group ▪ Strategic focus on core business ▪ Sale of the brewery business (Esau & Hueber) Resources ▪ Financial relief for the subsidiary in Jordan ▪ Termination of joint venture in deep dr
Slide 15: Forecast 2021 – Growth in all segments and the Group
BAUER Group Forecast 2021 – Growth in all segments and the Group Construction Equipment Resources ▪ Very high demand for infrastructure ▪ Investments expected to pick up from ▪ Measures 2020 are the basis for the characterizes construction activity mid-2021 onwards realignment ▪ Growth in revenues a
Slide 16: Capital increase 2021 for long-term stability
BAUER Group Capital increase 2021 for long-term stability Target ▪ Strengthen equity base and improve balance sheet ratios ▪ Make the Group even more resilient for the future ▪ Increase independence from financial partners Implementation of the capital increase ▪ Capital increase shall redeem up to
Slide 17: A look into the future
BAUER Group A look into the future Megatrends Our focus topics ▪ Exploiting opportunities in global fields of the future ▪ Megatrends open up attractive potential worldwide ▪ Leveraging synergies between the segments ▪ The three segments Construction, Equipment and Resources enable an interlinking o
Slide 18: © 2020 BAUER AG. All rights reserved.
© 2020 BAUER AG. All rights reserved.