Slide 1: 9M 2024 results
9M 2024 results the heart of your CALS | performance
Slide 2: Disclaimer
Disclaimer This report contains forward-looking statements. These statements are based on current experience, estimates and projections of the Management Board and the information available at the time this report was prepared. They are not guarantees of future performance and results and are subjec
Slide 3: 9M 2024 Highlights
9M 2024 Highlights Further deterioration in e-Bike and [e]-Mobility; focus on cash preservation whilst adapting cost structures • The overall slowdown experienced in 3Q24 led to 9M24 results that are below expectations • Market conditions have become even more demanding; destocking continues to drag
Slide 4: Financial Review
Financial Review the heart of your | ALS | performance
Slide 5: Quarterly development of the business areas
Quarterly development of the business areas Sales (in EUR million) 5.2 6.9 9.0 7.7 6.0 4.5 3.8 12.3 13.2 12.6 11.9 9.2 11.8 12.3 10.3 8.7 8.9 7.3 6.9 7.3 7.8 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 e-Tools [e]-Mobility e-Bike 5
Slide 6: Market conditions have become even more demanding; destocking in e-Bike ongoing and [e]-Mobility slowing
Market conditions have become even more demanding; destocking in e-Bike ongoing and [e]-Mobility slowing but e-Tools is recovering Sales (in EUR million) Adj. Gross Profit (in EUR million) Adj. EBITDA (in EUR million) 50.0 83.5 42.7 5.0 72.1 4.0 19.9 40.0 33.7 4.0 -28.0% 14.3 30.0 3.0 37.3 -9.4% 33.
Slide 7: Robust balance sheet and adequate financial manoeuvrability
Robust balance sheet and adequate financial manoeuvrability Net Debt (in EUR million) and Leverage 12.4 • Equity ratio 9M24 52.5% 13.0 12.0 10.2 6.5 11.0 9.7 10.0 5.5 • Net debt & liquidity 9.0 7.7 8.0 6.2 4.5 7.0 4.9 6.0 3.5 5.0 3.4 4.0 1.9x 3.8x 2.5 – Cash and cash equivalents 3.0 1.3x 1.1x 2.0 1.
Slide 8: Outlook & Closing Remarks
Outlook & Closing Remarks the ‘of your | ALS | perrormance”
Slide 9: Guidance for 2024 and mid-term targets
Guidance for 2024 and mid-term targets 2024 Guidance Mid-term outlook… Revenue Revenue EUR 90 – 95 million Under review Transition to a sustainable and Adjusted EBITDA electrified world ongoing EUR minus 1 – plus 1 million Long-term prospects intact Free Cash Flow negative EUR 5 – 2 million 9
Slide 10: the heart of your performance
the heart of your ALS | performance