Slide 1: Half-Year Results 2022
Matthias Holzammer, CEO, and Bernhard Wiehl, CFO Half-Year Results 2022 Autoneum. Mastering sound and heat.
Slide 2: Agenda
Agenda 1. Overview Half-Year 2022 Matthias Holzammer, CEO 2. Financial Results Half-Year 2022 Bernhard Wiehl, CFO 3. Outlook Matthias Holzammer, CEO 2
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Slide 4: Half-Year 2022 highlights
0.5% Revenue increase in local 888.7 CHF million currencies Strong order intake with Revenue in Swiss francs products for BEV market Half-Year Extension of proven sustainable 2022 Increased inflation and rising concepts to new applications in e-mobility energy and raw material costs 7.6% EBITDA marg
Slide 5: Major achievements and challenges in the first half of 2022
Turnaround North America Major achievements and challenges in the first half of 2022 Achievements HY1 2022 Challenges HY1 2022 Next steps HY2 2022 13.4 1.5% CHF million Savings implemented Decrease in scrap rate Competitive labor Flexibilization was Further increase of Stabilize workforce in the amo
Slide 6: Important steps toward a sustainable future
Corporate Responsibility Important steps toward a sustainable future Conversion of production Improved environmental plants to renewable energy performance and reduced Increased use of recycled greenhouse gas emissions materials 91 community Technologies with an excellent engagement projects sustain
Slide 7: Agenda
Agenda 1. Overview Half-Year 2022 Matthias Holzammer, CEO 2. Financial Results Half-Year 2022 Bernhard Wiehl, CFO 3. Outlook Matthias Holzammer, CEO 7
Slide 8: Key figures
Key figures Overview CHF million HY1 2021 HY1 2022 Change Revenue 890.3 888.7 −1.7 EBITDA 105.4 67.5 −37.9 in % of revenue (change in pp) 11.8% 7.6% −4.2 EBIT 44.7 6.4 −38.2 in % of revenue (change in pp) 5.0% 0.7% −4.3 Net result 25.5 −12.8 −38.3 Investments in tangible assets 10.0 10.4 0.4 Free ca
Slide 9: Similar level year-on-year supported by inflation compensations
Revenue development Similar level year-on-year supported by inflation compensations CHF million 49.4% −6.7% 4.0% −4.9% 21.9 −1.7 −5.8 −23.8 14.3 −6.6 890.3 888.7 Organic revenue increase: 0.5% Revenue BG Europe BG North BG Asia BG SAMEA Corporate Currency Revenue HY1 2021 America and translation/ HY
Slide 10: EBIT impacted by inflation and volume decline in Europe and China
Operating result (EBIT) development EBIT impacted by inflation and volume decline in Europe and China CHF million Margin Margin 5.0% 0.3% −25.5 Margin −5.6% 44.7 Margin Margin Margin −11.6 9.6% 16.6% 0.7% −3.4 3.3 −1.0 6.4 EBIT BG Europe BG North BG Asia BG SAMEA Corporate and EBIT HY1 2021 America
Slide 11: Slightly positive EBIT but negative net result
Income statement Slightly positive EBIT but negative net result • Revenue in Swiss francs CHF million HY1 2021 HY1 2022 Change decreased by 0.2% Revenue 890.3 888.7 −1.7 • Lower financing costs in line EBITDA 105.4 67.5 −37.9 with lower average financing level, offset by negative EBIT 44.7 6.4 −38.2
Slide 12: Strong free cash flow generation in spite of reduced profitability
Cash flow statement Strong free cash flow generation in spite of reduced profitability • Drop in FCF smaller than EBITDA CHF million HY1 2021 HY1 2022 Change decline of CHF 37.9 million Cash flows from operating activities 76.5 54.6 −21.9 • Investments in tangible assets kept Cash flows used in inve
Slide 13: Net debt reduced further and stable equity ratio
Balance sheet Net debt reduced further and stable equity ratio • Increase in total assets by around CHF million 31.12.2021 30.06.2022 Change 2.0% supported by positive currency Total assets 1 502.0 1 532.9 30.9 translation and hyperinflation effects of CHF 15.5 million Non-current assets (excl. leas
Slide 14: Agenda
Agenda 1. Overview Half-Year 2022 Matthias Holzammer, CEO 2. Financial Results Half-Year 2022 Bernhard Wiehl, CFO 3. Outlook Matthias Holzammer, CEO 14
Slide 15: Volumes in HY2 2022 expected to be higher than in HY1 2022
Global light vehicle production forecast Volumes in HY2 2022 expected to be higher than in HY1 2022 • Full-year 2022 automotive production expected to rise by 4.7% to 80.8 million vehicles* compared to 2021, driven by second half of the year • Production volumes expected to be 8.8% higher in HY2 202
Slide 16: Revenue with BEV to outperform global BEV market growth
E-mobility in focus Revenue with BEV to outperform global BEV market growth Global EV powertrain forecast* 2022 – 2028 (million units) • Current order intake with BEVs Autoneum revenue share on BEV already indicates a significant Global electric market share increase by 2025, with interior Global BE
Slide 17: Outlook 2022
Outlook 2022 Market According to global market forecasts*, automobile production will pick up again in the second half of the year with growth of 8.8% compared with the first half-year 2022. For full-year 2022, global automobile production is projected to reach 80.8 million units, which is equivalen
Slide 18: Autoneum. Mastering sound and heat.
Autoneum. Mastering sound and heat.
Slide 19: Contacts and Event Calendar
Contacts and Event Calendar Investors and Financial Analysts Media Contact Address Bernhard Weber Claudia Güntert Autoneum Holding Ltd Head Financial Services & IR Head Corporate Communications Schlosstalstrasse 43 / P.O. Box CH - 8406 Winterthur T +41 52 244 82 07 T +41 52 244 83 88 investor@autone
Slide 20: Disclaimer
Disclaimer Autoneum is making great efforts to include accurate and up-to-date information in this document, however, we make no representations or warranties, expressed or implied, as to the accuracy or completeness of the information provided in this document and we disclaim any liability whatsoev