Manitou Bf Sa · EURONEXT:MTU
Manitou Bf Sa — Manitou Group — Q3 2018 Earnings Presentation
18 slides from Manitou Bf Sa's earnings presentation, Oct 18, 2018
Slide 1: Q3'18 Revenues
Q3’18 Revenues Michel Denis, President & CEO Hervé Rochet, Chief Financial Officer Q3’18 Revenues |October 18, 2018 1
Slide 2: Disclaimer
Disclaimer This presentation includes only summary information and does not in any way purport to be comprehensive. None of the Company or any of its affiliates, directors, officers, advisors and employees accepts any obligation, liability, claim or remedy for any loss arising from any use of these
Slide 3: Highlights
Highlights • Q3’18 revenues of €419m*, +18% vs. Q3’17, + 19% like for like** • Cumulative 9-month sales of €1,360m, +17% vs. Q3’17, +19% like for like • Q3’18 order intake on equipment of €346m vs. €311m in Q3’17 • End of Q3’18 order book on equipment at €825m vs. €526m in Q3’17 * IFRS 15 standard a
Slide 4: Key events
Key events • Presentation of the first electric telehandler in the world in partnership with Deutz • Trade fairs : Electra mining, Space... • Elevation Days, the group's annual meeting on sustainable development • MLT 625 Euro 5 stage V launches ongoing Chiffre d’affaires T3 2018 | 18 octobre 2018 4
Slide 5: Q3'18 activity
1 Q3’18 activity Q3’18 Revenues |October 18, 2018 5
Slide 6: Q3 Revenue Matrix
Q3 Revenue Matrix MHA: Material Handling & Access CEP: Compact Equipment Products Faster-growing boxes (vs. avg) shown in green S&S: Services & Solutions Q3’18 Revenues |October 18, 2018 6
Slide 7: 9 months Revenue Matrix
9 months Revenue Matrix MHA: Material Handling & Access CEP: Compact Equipment Products S&S: Services & Solutions Faster-growing boxes (vs. avg) shown in green Q3’18 Revenues |October 18, 2018 7
Slide 8: Evolution vs. 2017: Overall growth
Evolution vs. 2017 Overall growth Q3’18 Revenues |October 18, 2018 8
Slide 9: Evolution vs. 2017: Very high growth rates
Evolution vs. 2017 Very high growth rates Q3’18 Revenues |October 18, 2018 9
Slide 10: Order intakes & order book on equipment
Q1 order intakes & order book on equipment Continued growth, still important order book Q3’18 Revenues |October 18, 2018 10
Slide 11: MHA operational review
MHA operational review • Sustained revenue growth • Strong order intake in all segments • Good activity with rental companies • Presentation of the world's first electric telehandler • Acceleration of production capacity • Supplier tensions under control Very strong market and activity Q3’18 Revenue
Slide 12: CEP operational review
CEP operational review • Very strong growth, particularly in the USA • Very good performance by rental companies • High production level • High tension on the workforce in the USA • Rising raw materials prices • Rising dollar squeezes US export margins • Limited impact of changes in customs duties •
Slide 13: S&S operational review
S&S operational review • Sustained growth in activity • Service development ongoing • IT global deployment of tool • Accelerating in digitalization • Initiatives to better serve Key accounts in non addressed markets • Good performance of LiftRite recent acquisition Regular growth in all activities Q
Slide 14: Outlook
2 Outlook Q3’18 Revenues |October 18, 2018 14
Slide 15: 2018 Outlook
2018 Outlook Revenue : Outlook for 2018 revenue growth of more than 15% compared to 2017 Current operating income : Outlook for the recurring operating income rate to increase by around 80 basis points compared to 2017 Q3’18 Revenues |October 18, 2018 15
Slide 16: Appendix
Appendix Q3’18 Revenues |October 18, 2018 16
Slide 17: Appendix - Definition
Appendix - Definition On a comparable basis: at constant scope, accounting standard and exchange rates: ● Scope : for 2017 acquisitions (Manitou Equipment India in May 2017 and LiftRite at the end of July 2017), subtraction of their contribution, from January 1st of the current year, to the annivers
Slide 18: Thank you for your attention
Thank you for your attention Q3’18 Revenues |October 18, 2018 18