Johnson Electric Holdings Limited · HKEX:179
Johnson Electric — Q3 FY2023/24 Earnings Presentation
10 slides from Johnson Electric's earnings presentation, January 2024
Slide 1: FY23/24 Business Update
FY23/24 Business Update For the December 2023 Quarter Investor Briefing January 2024
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of Johnson Electric and certain plans and objectives of the management of Johnson Electric. Words such as “outlook”, “expects”, “anticipates”, “intends
Slide 3: Group Sales Changes
Group Sales Changes Nine months ended 31 December 2023 Sales increased 7% driven by strong demand for APG’s products, partly offset by soft markets for IPG’s products Note: Numbers do not add across due to the effect of rounding 3 A World of Motion. Powered by Sustainable Innovation…
Slide 4: APG Sales Growth vs. Light Vehicle Production
APG Sales Growth vs. Light Vehicle Production Nine months ended 31 December 2023 Strong growth momentum led by thermal management, powder metal parts, oil pumps, braking, closure, vision, and engine and fuel management 4 A World of Motion. Powered by Sustainable Innovation…
Slide 5: APG Multi-Year Sales Changes vs. Light Vehicle Production
APG Multi-Year Sales Changes vs. Light Vehicle Production Continued outperformance vs. light vehicle production volumes, due to APG’s focus on: • Technologies for battery-electric & hybrid vehicles • Weight reduction • Safety & comfort Note: Lines for chart refer to cumulative performance 5 A World
Slide 6: IPG Sales Growth by Region
IPG Sales Growth by Region Nine months ended 31 December 2023 Weak consumer sentiment leading to lower spending on discretionary products, coupled with high levels of inventory in retail and manufacturing channels 6 A World of Motion. Powered by Sustainable Innovation…
Slide 7: IPG Multi-Year Sales Trend
IPG Multi-Year Sales Trend 7 A World of Motion. Powered by Sustainable Innovation…
Slide 8: Outlook
Outlook Solid sales growth in the first nine months of the financial year Our automotive business is performing particularly strongly Continues to win new business awards as a result of industry’s shift to electrification Demand for industrial and consumer product applications remains weak
Slide 9: Supplemental Information
SUPPLEMENTAL INFORMATION 9 A World of Motion. Powered by Sustainable Innovation…
Slide 10: Average Exchange Rates
Average Exchange Rates Nine months ended 31 December 2023 vs. Nine months ended 31 December 2022 10 A World of Motion. Powered by Sustainable Innovation…
Johnson Electric Holdings — Q3 FY2023/24 Earnings Presentation on 6ix