Ad Plastik D.d. · ZSE:ADPL
Ad Plastik D.d — AD Plastik — 9M 2020 Earnings Presentation
15 slides from Ad Plastik D.d's earnings presentation, October 2020
Slide 1: Nine Months Results
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Slide 2: Contents
Contents 1 Key messages 2 Results 9M 2020 3 Expectations 2020 www.adplastik.hr 2
Slide 3: Key messages
Key messages • Drop in revenue in EU and Russian markets as a consequence of COVID-19 • Employee health protection • Measures to preserve liquidity and maintain financial stability • 52 active projects • New deals worth EUR 106.6 million • Stable finacial position preserved www.adplastik.hr 3
Slide 4: Drop in revenue as a consequence of COVID-19
Drop in revenue as a consequence of COVID-19 Revenue European market AD Plastik Group Revenue realized Number of newly registered cars 9M 2020 654.8 MHRK 7M -23.8% -28.8% Russian European market 22.2% market 77.8% Expectations 2020 ACEA - 25% 842 MHRK Russian market -23% Revenue realized Number of n
Slide 5: Focus on employee health and preserving financial stability
Focus on employee health and preserving financial stability Cost • Financial stability preserved rationalization • NFD/EBITDA 2.21 • Cash as of September 30, 2020 41.6 MHRK Revised ADP COVID-19 Job preservation • Short-term credit lines available investments PROTOCOL grants • Government job preserva
Slide 6: Investments optimized
Investments optimized 2019 9M 2020 Investments Investments • Investment Plan revised • All investments that are not 162 40 necessary for business have been postponed MHRK MHRK www.adplastik.hr 6
Slide 7: New deals sealed in the amount of 106.6 million euro
New deals sealed in the amount of 106.6 million euro European market • EUR 21.3 million Deals sealed 2017 - 2020 PSA Group EUR 15.9 million FCA Group EUR 4 million 2020 EUR 106.5 million Other customers EUR 1.4 million 2019 EUR 214.9 million 2018 EUR 136.2 million Russian market • EUR 85.3 million 2
Slide 8: Key models in the medium term
Key models in the medium term European market Russian market Renault Twingo Renault Clio 5 Dacia Logan Dacia Sandero Ford Puma Peugeot 3008 Lada Granta Lada Niva www.adplastik.hr 8
Slide 9: 9M 2020 financial results
9M 2020 financial results Operating revenue (MHRK) 1200 1,095.3 1000 Russia 21.6% 841.7 774.7 800 Russia 22.2% 601.2 Effect on revenue 600 EU+Serbia • COVID-19 400 78.4% EU+Serbia 77.8% • New projects 200 0 9M 2019 9M 2020 9M 2019 9M 2020 AD Plastik Group AD Plastik d.d. www.adplastik.hr 9
Slide 10: 9M 2020 financial results
9M 2020 financial results EBITDA EBITDA (MHRK) EBITDA margin 140 133.5 40% 120 35% 108.6 30% 100 84.8 Effect on EBITDA 80.2 25% 80 • COVID-19 20% • Sales of non-operating tangible 60 14.1% 15% assets 10.3% • The use of job preservation 40 12.9% 10% 12.2% grants 20 5% • Profitability of new projects
Slide 11: 9M 2020 financial results
9M 2020 financial results Net profit Net profit (MHRK) Net profit margin 70 25% 63.9 60 56.4 20% 50 Effect on net profit 42.7 • EBITDA realized in a lower 15% 40 amount • Larger negative exchange rate 30 23.8 10% differences in the Group 20 • Lower profit of the affiliated 7.3% 7.1% company in the G
Slide 12: 9M 2020 financial results
9M 2020 financial results Debt NFD NFD/EBITDA 450 440.5 10,00 400 8,00 380.5 376.6 350 6,00 Effect on debt 322.4 • Inflows from the sales of non- 300 4,00 operating tangible assets • Inflows from the part of tools 3.10 250 2.54 2,00 • Reduced investments 2.23 2.21 200 0,00 2019 9M 2020 2019 9M 2020
Slide 13: Affiliated company EAPS (JV)
Affiliated company EAPS (JV) REVENUE EBITDA • Business under the influence of COVID-19 377.3 MHRK 42.9 MHRK -37.9% -48% • 50 percent of 2019 profit paid out • A company without financial debt • Capex 11.8 MHRK PROFIT EBITDA margin 11.4% • Cash on account 135.6 MHRK 20.2 MHRK -65.4% www.adplastik.hr
Slide 14: Expectations 2020
Expectations 2020 Revenue Drop up to 25 percent EBITDA margin > 11% Capacity utilization growth in 4Q www.adplastik.hr 14
Slide 15: Your needs. Our drive.
Your needs. Our drive. www.adplastik.hr