Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht · XETR:STO3
Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht — Sto SE & Co. KGaA — Investor Presentation (September 2024)
94 slides from Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht's investor presentation, Sep 9, 2024
Slide 1: Presentation for investors
Presentation for investors Sto SE & Co. KGaA 09/09/2024 Sto SE & Co. KGaA reception building Design: Wilford Schupp Architekten, Stuttgart, DE Orange Blu, Stuttgart, DE 1
Slide 2: Presentation for investors
Presentation for investors 1 2 3 4 Key financial General figures / Business Forecast and conditions & Information model outlook strategy about the Sto share Disclaimer: Any statements in this presentation that relate to the future correspond to the state of knowledge available at the time when the p
Slide 3: From our Guiding Principles
From our Guiding Principles Our vision: technology leader in the sustainable design of living space tailored to human needs. Worldwide. Our mission: building with conscience. World map in render in the Sto SE & Co. KGaA reception building 3 09/09/2024
Slide 4: Sto - segment turnover
Sto - segment turnover Share of Sto Group consolidated turnover for 2023 Westeuropa Nord-/Osteuropa Amerika / Asien / Pazifik 205 12% 165 10% 1,348 78% Turnover 2023 Sto Group: EUR 1,718 million Figures in EUR million and %. 4 09/09/2024
Slide 5: Sto - product groups
Sto - product groups Share of Sto Group consolidated turnover for 2023 Fassadensysteme Fassadenbeschichtungen Innenraum Übrige Produktgruppen 249 15% 258 15% 817 48% 394 Turnover 2023 23% Sto Group: EUR 1,718 million Figures in EUR million and %; other product groups: Including floor coatings and pr
Slide 6: Applications
Applications Sto products & systems Façade Interior coatings coatings Thermal insulation/ Concrete and floor rainscreen cladding coatings façade Lacquers, glazes, and stains Acoustic systems Internal insulation Simplified schematic diagram. 6 09/09/2024
Slide 7: Climate protection
Climate protection Sto’s business model makes a direct contribution 7 09/09/2024
Slide 8: Climate protection
Climate protection Sto products - external wall insulation system (EWIS) 1 2 3 4 3 5 StoTherm Classic®system build- up 1 ─ Bonding 2 ─ Insulation 3 ─ Reinforcing compound 4 ─ Reinforcing mesh 5 ─ Finish 8 09/09/2024
Slide 9: ETICS according to fire class and costs (investor)
ETICS according to fire class and costs (investor) Sto is an insulation-indifferentiated system provider for ETICS. Notes: Presentation exclusively relevant for the German market. Costs include material + labour. 9 09/09/2024
Slide 10: Sto Color PuraClean. Beautiful. Stable. Clean.
Sto Color PuraClean. Beautiful. Stable. Clean. Matt appearance Compared to conventional washable interior paints Healthy ambient interior climate The washable wall paint is free from plasticisers and isocyanates Resistant to disinfectants and dirt Thanks to special surface properties Non-com
Slide 11: AimS. The most sustainable product line of Sto
AimS. The most sustainable product line of Sto Quality, climate protection and resource conservation are the basis for our AimS product line. We are setting new standards in ecological and economic criteria and achieving excellent processing properties. Approx. 30% of the binder in AimS plasters
Slide 12: StoPanel
StoPanel Expertise in industrially prefabricated façade panels "SkyRise Prefab provides a modern alternative to traditional building construction methods of the past. And thus addresses the key challenges in the construction industry...." Skills shortage Construction costs (scaffolding, waste, f
Slide 13: StoPanel
StoPanel Execution 13 09/09/2024
Slide 14: StoPanel
StoPanel Execution 14 09/09/2024
Slide 15: Core target groups
Core target groups Direct distribution Trade/specialised companies General contractors Planners Housing industry Architects Investors The customers that purchase from the Sto brand are generally tradespeople or specialist companies. The market cultivation activities for the Sto brand focus on these
Slide 16: Sto - presence in Germany
Sto - presence in Germany Distribution Germany status April 2024 91 SalesCentres >350 Employees in the sales force incl. application engineering Headquaters Stühlingen As at: 25.04.2024 16 09/09/2024
Slide 17: Sto - presence in Germany
Sto - presence in Germany 10 Subsidiaries 1 StoCretec GmbH 2 SÜDWEST Lacke + Farben GmbH & Co. KG 3 STRÖHER Gruppe - STRÖHER GmbH 4 - STRÖHER Produktions GmbH 3 - GEPADI FLIESEN GmbH 8 4 JONAS Farben GmbH 1 5 VIACOR Polymer GmbH 2 6 Verotec GmbH 7 Innolation GmbH Headquaters Stühlingen 5 6 8 Liaver
Slide 18: Sto - international presence
Sto - international presence With 50 Sto-subsidiaries in 37 countries represented Represented with partners in more than 60 other countries Stand: 25.04.2024 18 09/09/2024
Slide 19: The Sto Group at a glance
The Sto Group at a glance Sto Group Company brand Mixed brand presence Individual/family brand 19 09/09/2024
Slide 20: Presentation for investors
Presentation for investors 1 2 3 4 Key financial General figures / Business Forecast and conditions & Information model outlook strategy about the Sto share Disclaimer: Any statements in this presentation that relate to the future correspond to the state of knowledge available at the time when the p
Slide 21: The history of Sto
The history of Sto 1835: founding of lime and cement works in Weizen 21 09/09/2024
Slide 22: The history of Sto
The history of Sto 1954: acquisition of licence for synthetic resin render and start of production 1962: ISPO-Putz KG becomes Stotmeister & Co. Farben-und Baustoff-KG 22 09/09/2024
Slide 23: The history of Sto
The history of Sto 1988: Stotmeister GmbH changes to Sto AG 1992: introduction to the stock exchange 2014: Sto AG changes to Sto SE & Co. KGaA Sto SE & Co. KGaA communications building, Stühlingen Photo: Christian René Schulz, Bielefeld Design: Michael Wilford Architekten, Stuttgart/London 23 09/09/
Slide 24: The history of Sto
The history of Sto Family entrepreneurs: Jochen Stotmeister (1), Gerd Stotmeister (2), Fritz Stotmeister († 21.04.2022) (3) 1) Chairman of the Supervisory Board of STO Management SE & Chairman of the Executive Board (1988–2015) 2) Member of the Supervisory Board of STO Management SE & Chief Technolo
Slide 25: Vorstand STO Management SE
Vorstand STO Management SE Rainer Hüttenberger Michael Keller Désirée Konrad Jan Nissen Jost Bendel Chief Executive Officer Deputy Chief Executive Officer Executive Board Executive Board Deputy member of the Sales Sto Brand International, Sales Sto Brand Germany, responsible for Finances, Process En
Slide 26: Social responsibility
Social responsibility Everybody is talking about CSR – Corporate Social Responsibility. But actions speak louder than words. Sto is fulfilling its social responsibility in three concrete areas. 26 09/09/2024
Slide 27: Social responsibility
Social responsibility Thermal insulation equals climate protection:our products. Sto has been selling facade insulation systems for over 50 years and supplied insulation for around 730 million m2 of facade surfaces from 1965 to 2023. This equates to a saving of 440 million tonnes of carbon dioxide f
Slide 28: Social responsibility
Social responsibility TRAINING AND FURTHER EDUCATION FOR TRADESPEOPLE AND ARCHITECTS Promoting young talent through education: the StoFoundation The foundation, which was launched in 2005, promotes the education of young people in trade and academic environments. It also supports projects for the pr
Slide 29: Strategy
Strategy Global megatrends - Significant opportunities for Sto Climate change Future markets/ Sustainability Global Technology + Demographic Scarcity of + ecosystem Globalisation + global knowledge innovation change resources threats trends responsibility societies Global population Innovation Advan
Slide 30: Green Deal
Green Deal Possible opportunities and challenges Opportunities Challenges Example: Example: The EU Energy Performance In the ongoing discussions on the of Buildings Directive was EU chemicals strategy, the adopted by the Council of the economic and technical/content- European Union related effects
Slide 31: Green Deal
Green Deal Status of the EU Energy Performance of Buildings Directive EU agreement on a standardised Energy Performance of Buildings Directive (EPBD) in April 2024. Implementation phase into national law runs until mid-2026. However, the EU was unable to agree on mandatory minimum standards (Min
Slide 32: Building stock in Germany
Building stock in Germany Sto has extensive expertise when it comes to energy-efficient facade insulation for new buildings and refurbishment projects Although new building projects have stagnated at the moment, there is immense demand for extra new living space At the same time, there was and
Slide 33: The landscape of subsidy schemes in Europe (1/2)
Strategy The landscape of subsidy schemes in Europe (1/2) ECO 4 – € 4.7 billion (£ 4 billion) with 3.5 million homes eligible. SHDF wave 2.1 - € 923 million (£ 778 million) for social housing supplemented through wave 2.2 - € 95 million (£ 80 million) till 2025 and wave 3 - € 1.4 billion (£1.2 billi
Slide 34: The landscape of subsidy schemes in Europe (2/2)
Strategy The landscape of subsidy schemes in Europe (2/2) Renovation offensive € 940 million for 2023/2024. Housing and property offensive € 1 billion. Bonus for renovation, further funding at federal state level Starting from January, 1st 2024 the Superbonus for multi-storey buildings has been redu
Slide 35: Building permits for new residential construction in Germany
Building permits for new residential construction in Germany Number of buildings 6.064 6,064 5.529 5,529 5.260 5,260 5.134 5.133 1,071 5,134 5,133 1,064 4.694 4,694 4.688 4,688 4.555 4.552 4.563 4.556 1,001 4.462 4,462 4,555 4,552 4,563 4,556 1,009 1,080 4.069 4,069 1,097 908 884 864 868 852 1,033 7
Slide 36: Building permits residential buildings Europe
Building permits residential buildings Europe Basis m² usable space | indexed 2021 = 100% | quarters European Union - 27 countries 120% 100% 80% 60% 40% 20% 0% Q1 1 Quartal Q2 2 Quartal Q3 3 Quartal Q4 4 Quartal Q1 1 Quartal Q2 2 Quartal Q3 3 Quartal Q4 4 Quartal Q1 1 Quartal 2022 2023 2024 Quelle:
Slide 37: Overview of the strategy's target dimensions
Strategy Overview of the strategy's target dimensions Customer focus Performance potential We are a reliable and flexible We harness and promote partner, and stand for expert Finances potential in relation to market advice, functional products, Sustainable, reach, solutions leadership, and and tangi
Slide 38: Medium-term targets and profit initiatives
Strategy Medium-term targets and profit initiatives Growth initiatives Profit initiatives 1. Core segment of external wall 10. Centrally managed supply chain insulation systems 11. Efficient process organisation 10 % 2. Two-tier distribution EBT * 12. Reduced complexity 3. Market potential besides E
Slide 39: Sustainability gaining importance - at a global level
Strategy Sustainability gaining importance - at a global level Sto is aware of its responsibility to contribute to the fulfilment of the 17 Sustainable Development Goals (SDGs) of the United Nations and to respond to key trends: increased customer and stakeholder requirements, demand for “sustainabl
Slide 40: Our sustainability strategy at a glance
Strategy Our sustainability strategy at a glance Our vision Technology leader in the sustainable design of living space tailored to human needs. Worldwide. Our mission: Building with conscience Sustainability Function Aesthetic appeal Service Holistic approach Key areas of focus Objectives 40 09/09/
Slide 41: Our company-related core targets for the Sto Group by 2025
Strategy Our company-related core targets for the Sto Group by 2025 Environmental Health & Transparency & Climate protection Circular economy Employees protection well-being social responsibility Continuous reduction of Reducing waste from our Encouraging recycling The highest occupational
Slide 42: Our product-related core targets for the Sto Group by 2025
Strategy Our product-related core targets for the Sto Group by 2025 Environmental Health & Transparency & Climate protection Circular economy Employees protection well-being social responsibility 75 % of all Sto products Achieving 'zero landfill' by Optimising the Emission tests for 100 %
Slide 43: Presentation for investors
Presentation for investors 1 2 3 4 Key financial General figures / Business Forecast and conditions & Information model outlook strategy about the Sto share Disclaimer: Any statements in this presentation that relate to the future correspond to the state of knowledge available at the time when the p
Slide 44: Presentation for investors
Presentation for investors 3 Sto at a glance From page 43 Half-year financial report for the period from 1 January to 30 June 2024 From page 45 Key financial figures / Consolidated interim report from the Management Board within the first half of 2024 Information From page 60 about the Sto 2023 Annu
Slide 45: Sto - at a glance
Sto - at a glance * ROCE = EBIT divided by average capital employed. Capital employed = balance sheet values are determined on the basis of an arithmetic average of the respective reference date values at month end for the respective period. Capital employed = Intangible assets + Property, plant, an
Slide 46: Sto - at a glance
Sto - at a glance Group segment reporting as at 31 December 2023 46 09/09/2024
Slide 47: Presentation for investors
Presentation for investors 3 Sto at a glance From page 43 Half-year financial report for the period from 1 January to 30 June 2024 From page 45 Key financial figures / Consolidated interim report from the Management Board within the first half of 2024 Information From page 60 about the Sto 2023 Annu
Slide 48: Sto Group financial figures – 2024: Highlights
Sto Group financial figures 01 – 06 2024: Highlights 796 16 EUR million turnover EUR million Investments* -7% vs. PY +12% vs. PY 5,784 30 Employees EUR million EBT -0% vs. PY -48% vs. PY Information acc. to IFRS; * without: financial assets and IFRS 16. 48 09/09/2024
Slide 49: Sto Group financial figures – 2024: Summary
Sto Group financial figures 01 – 06 2024: Summary Consolidated turnover falls by 7.1 % to EUR 795.7 million in the first half of 2024. Negative general conditions and unfavourable weather conditions have a significant impact on business development in Germany and outside of Germany. Consolidat
Slide 50: Sto Group Overview – 2024
Sto Group Overview 01 – 06 2024: Negative general conditions and unfavourable weather conditions have a significant impact on business development Information acc. to IFRS; Rounding of amounts may lead to minor deviations in totals and in the calculation of percentages in this report. 50 09/09/2024
Slide 51: Sto Group turnover – 2024
Sto Group turnover 01 – 06 2024: Sto Group's turnover decreased in the first half of 2024 in EUR million 888 856 796 778 665 01 - 06 2020 01 - 06 2021 01 - 06 2022 01 - 06 2023 01 - 06 2024 Information acc. to IFRS. 51 09/09/2024
Slide 52: Sto Group turnover – 2024: Group segment reporting
Sto Group turnover 01 – 06 2024: Group segment reporting in EUR million Westeuropa Nord-/Osteuropa Amerika/Asien/Pazifik -8% 674 617 +2% -7% 102 100 82 76 01 - 06 2023 01 - 06 2024 Information acc. to IFRS. 52 09/09/2024
Slide 53: Sto Group turnover: Germany vs outside Germany
Sto Group turnover 01 -06 2024: Percentage of Group turnover generated outside of Germany increased Inland Ausland in EUR million 515 499 474 436 373 357 352 342 322 313 01 - 06 2020 01 - 06 2021 01 - 06 2022 01 - 06 2023 01 - 06 2024 Information acc. to IFRS. 53 09/09/2024
Slide 54: Sto Group EBIT & EAT – 2024
Sto Group EBIT & EAT 01 – 06 2024: Earnings significantly down on the previous year in EUR million EBIT EAT 69 64 58 50 44 44 40 29 29 20 01 - 06 2020 01 - 06 2021 01 - 06 2022 01 - 06 2023 01 - 06 2024 Information acc. to IFRS. 54 09/09/2024
Slide 55: Sto Group employees – 2024
Sto Group employees 01 – 06 2024: Number of employees slightly below previous year Inland Ausland Sto-Konzern 5,646 5,713 5,796 5,801 5,784 5,646 5,713 5,796 5,801 5,784 3,131 3,125 3,116 3,101 3,131 3,125 3,116 3,101 2,995 2,995 2,680 2,676 2,653 2,651 2,680 2,612 2,676 2,653 2,651 2,612 30.06.2020
Slide 56: Sto Group investments – 2024
Sto Group investments 01 – 06 2024: Continual investments in further growth in EUR million 17 16 14 14 14 01 - 06 2020 01 - 06 2021 01 - 06 2022 01 - 06 2023 01 - 06 2024 Information acc. to IFRS; however, without effects from IFRS 16, without investments and depreciation/amortisationoffinancial ass
Slide 57: Sto Group balance sheet
Sto Group balance sheet 30.06.2024: Very solid balance sheet structure as at 30/06/2024 1,181 in EUR 1,181 million Non-current assents Equity capital 542 719 (Equiy ratio 61%) Current assets Non-current provisions 557 and liabilities 196 Current provisions and liabilities 266 Cash and Cash equivalen
Slide 58: Sto Group P&L – 2024
Sto Group P&L 01 – 06 2024: Negative general conditions and unfavourable weather conditions Information acc. to IFRS. 58 09/09/2024
Slide 59: Sto Group Cash Flow Statement – 2024
Sto Group Cash Flow Statement 01 – 06 2024: Cash and cash equivalents at the end of the period below previous year Information acc. to IFRS. 59 09/09/2024
Slide 60: Sto Group balance sheet – 2024
Sto Group balance sheet 01 – 06 2024: Comparison of balance sheet as at 30 June 2024 with previous year Information acc. to IFRS. 60 09/09/2024
Slide 61: Sto Group balance sheet – 2024
Sto Group balance sheet 01 – 06 2024: Comparison of balance sheet as at 30 June 2024 with previous year Information acc. to IFRS. 61 09/09/2024
Slide 62: Presentation for investors
Presentation for investors 3 Sto at a glance From page 43 Half-year financial report for the period from 1 January to 30 June 2024 From page 45 Key financial figures / Consolidated interim report from the Management Board within the first half of 2024 Information From page 60 about the Sto 2023 Annu
Slide 63: Sto Group financial figures – 2024 Highlights
Sto Group financial figures 01 – 03 2024 Highlights 341 6 EUR million Turnover EUR million Investments* -6% vs. PY +7% vs. PY 5,804 Increase in seasonally typical Q1 deficit Employees compared to 2023 +1% vs. PY Information acc. to IFRS; * without: financial assets and IFRS 16 63 09/09/2024
Slide 64: Sto Group financial figures – 2024 Summary
Sto Group financial figures 01 – 03 2024 Summary Consolidated turnover down by 5.9 % in the first quarter of 2024 compared to the same period of the previous year. Demand in Germany and outside of Germany curbed due to weather conditions and reluctance to invest in the building industry. Incre
Slide 65: Sto Group – 2024 – Overview
Sto Group 01 – 03 2024 – Overview Business performance influenced by weather conditions & general conditions Information acc. to IFRS; Rounding of amounts may lead to minor deviations in totals and in the calculation of percentages in this report. 65 09/09/2024
Slide 66: Sto Group turnover – 2024
Sto Group turnover 01 – 03 2024: Group turnover below previous year a. o. weather-related in EUR million 368 362 341 304 284 01 - 03 2020 01 - 03 2021 01 - 03 2022 01 - 03 2023 01 - 03 2024 Information acc. to IFRS. 66 09/09/2024
Slide 67: Sto Group turnover – 2024: Group segment reporting
Sto Group turnover 01 – 03 2024: Group segment reporting in EUR million Westeuropa Nord-/Osteuropa Amerika/Asien/Pazifik -7% 288 268 +5% -11% 44 43 31 28 01 - 03 2023 01 - 03 2024 Information acc. to IFRS. 67 09/09/2024
Slide 68: Sto Group turnover – 2024: Germany -7 %; Outside Germany -5 %
Sto Group turnover 01 – 03 2024: Germany -7 %; Outside Germany -5 % in EUR million Inland Ausland 217 215 204 172 153 152 147 136 132 131 01 - 03 2020 01 - 03 2021 01 - 03 2022 01 - 03 2023 01 - 03 2024 Information acc. to IFRS. 68 09/09/2024
Slide 69: Sto Group employees – 2024
Sto Group employees 01 – 03 2024: Year-on-year, slight increase in number of employees Inland Ausland Sto-Konzern 5,633 5,705 5,804 5,773 5,771 3,148 3,134 3,125 3,101 2,997 2,656 2,646 2,639 2,636 2,604 31.03.2020 31.03.2021 31.03.2022 31.03.2023 31.03.2024 69 09/09/2024
Slide 70: Sto Group investments – 2024
Sto Group investments 01 – 03 2024: Continuous investment in further growth in EUR million 11 6 6 6 6 01 - 03 2020 01 - 03 2021 01 - 03 2022 01 - 03 2023 01 - 03 2024 Information acc. to IFRS; however, without effects from IFRS 16, without investments and depreciation/amortisation of financial asset
Slide 71: Presentation for investors
Presentation for investors 3 Sto at a glance From page 43 Half-year financial report for the period from 1 January to 30 June 2024 From page 45 Key financial figures / Consolidated interim report from the Management Board within the first half of 2024 Information From page 60 about the Sto 2023 Annu
Slide 72: Sto Group 2023
Sto Group 2023 Forecasted turnover and earnings targets achieved About the title image The library building of the Karl Franzens University of Graz was extended in several construction stages. A two-storey, modern structure, which towers over the forecourt in a sweeping gesture, complements the hist
Slide 73: Sto Group financial figures 2023
Sto Group financial figures 2023 Highlights 1,718 47 EUR million Turnover EUR million Investments* -4% vs. PY -2% vs. PY 5,783 127 Employees EUR million EBT +1% vs. PY -1% vs. PY Information acc. to IFRS; * without: financial assets and IFRS 16. 73 09/09/2024
Slide 74: Sto Group financial figures 2023 Summary
Sto Group financial figures 2023 Summary The Sto Group achieves forecast turnover and earnings targets for 2023 in a difficult market environment. Decline in consolidated turnover of 3.9 % to EUR 1,718.0 million primarily due to negative weather conditions and increasing uncertainty among invest
Slide 75: Sto Group turnover
Sto Group turnover Forecasted turnover targets achieved in a difficult market environment in EUR million 1,787 1,718 1,591 1,433 1,398 2019 2020 2021 2022 2023 Information in accordance to IFRS. 75 09/09/2024
Slide 76: Sto Group turnover: share outside Germany
Sto Group turnover Share of turnover generated outside of Germany increased from 57.4 % to 58.3 % in EUR million Inland Ausland 1,026 1,002 898 787 773 762 716 693 660 611 2019 2020 2021 2022 2023 Information in accordance to IFRS. 76 09/09/2024
Slide 77: Development of EWIS market in Germany
Development of EWIS market in Germany Market volume in 2023 on lowest level since 2014 | Cautious outlook 37 35 36 36 35 34 34 34 33 30 29 Mio. m² 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024F Source: B+L Marktdaten GmbH: Quarterly Report Q4 2023 ETICS. B+L Marktdaten GmbH retroactively
Slide 78: Sto Group turnover by product group
Sto Group turnover Facade systems still product group with largest share of total Group volume in EUR million Fassadensysteme Fassadenbeschichtungen Innenraum Übrige Produktgruppen Other product groups -8% Other product groups 270 249 Interior Interior -1% 259 258 Façade coatings Façade coatings -2%
Slide 79: Sto Group shares of insulation board sales
Sto Group shares of insulation board sales* as at 12/2022 as at 12/2023 2% 3% 2% 3% 26% 26% 69% 69% *only associates with ERP SAP, sales basis in m². 79 09/09/2024
Slide 80: Shares of insulation board sales Sto SE & Co. KGaA
Shares of insulation board sales Sto SE & Co. KGaA as at 12/2022 as at 12/2023 1% 2% 5% 4% 33% 34% 61% 60% *Sales basis in m². 80 09/09/2024
Slide 81: EBIT & EAT Sto Group
EBIT & EAT Sto Group Forecasted earnings targets achieved in a difficult market environment in EUR million EBIT EAT 130 127 125 121 95 89 86 86 81 56 2019 2020 2021 2022 2023 Information in accordance to IFRS. 81 09/09/2024
Slide 82: Sto Group employees
Sto Group employees Moderate increase in 2023 Inland Ausland Sto-Konzern 5,697 5,735 5,783 5,533 5,545 3,171 3,130 3,127 3,000 2,943 2,612 2,605 2,590 2,570 2,545 31.12.2019 31.12.2020 31.12.2021 31.12.2022 31.12.2023 82 09/09/2024
Slide 83: Sto Group investments and depreciation/amortisation
Sto Group investments and depreciation/ amortisation Continual investments in further growth in EUR million Investitionen Abschreibungen 47 47 47 46 42 42 42 42 35 33 2019 2020 2021 2022 2023 Information in accordance to IFRS; however, without effects from IFRS 16, without investments and deprecia
Slide 84: Sto Group balance sheet
Sto Group balance sheet Very solid balance sheet structure as at 31/12/2023, strong equity base 1,165 in EUR 1,165 million Non-current assets 568 Equity capital 729 (Equity ratio 63%) Current assets Non-current provisions 475 and liabilities 195 Current provisions and liabilities Cash and cash equiv
Slide 85: ROCE Sto Group
ROCE Sto Group ROCE in 2023 within the expected range in % 20 19 17 17 14 2019 2020 2021 2022 2023 ROCE = EBIT divided by average capital employed Capital employed = balance sheet values are determined on the basis of an arithmetic average of the respective reference date values at month end for th
Slide 86: Presentation for investors
Presentation for investors 3 Sto at a glance From page 43 Half-year financial report for the period from 1 January to 30 June 2024 From page 45 Key financial figures / Consolidated interim report from the Management Board within the first half of 2024 Information From page 60 about the Sto 2023 Annu
Slide 87: Sto share
Sto share Shareholder structure and dividend information 16.00 14.00 14.46 12.00 14.06 13.43 12.60 10.00 8.00 Shareholder structure 9.09 6.00 4.00 4.09 5.00 5.00 5.00 5.00 2.00 0.00 6% 2019 2020 2021 2022 2023 37% Ergebnis je Aktie Dividendenzahlung* Dividendenrendite** 57% 5.0% 3.9% 3.6% 3.6% 4.0%
Slide 88: Sto share - Share price trend
Sto share - Share price trend 88 09/09/2024
Slide 89: Presentation for investors
Presentation for investors 1 2 3 4 Key financial General figures / Business Forecast and conditions & Information model outlook strategy about the Sto share Disclaimer: Any statements in this presentation that relate to the future correspond to the state of knowledge available at the time when the p
Slide 90: Outlook
Outlook Significant opportunities and risks Significant opportunities Sto products and systems improve the energy efficiency of buildings and thus contribute to climate protection Green Deal Reformation of European Energy Performance of Buildings Directive (EPBD) Government support programme
Slide 91: Outlook
Outlook Outlook for 2024 as a whole * In each case without factoring in the impact of an escalation of the Russia-Ukraine and Middle East conflicts. It must be pointed out that the weather conditions, which are important for the Sto Group's business development, may have a significant impact on the
Slide 92: Contact
Contact Investor Relations Désirée Konrad, Member of the Executive Board of STO Management SE, Finance Contact via: Tel. +49 7744 57 – 1241 E-mail: s.zeller@sto.com 92 09/09/2024
Slide 93: Contact
Contact Investor Relations Sandra Zeller, Investor Relations Contact via: Tel. +49 7744 57 – 1241 E-mail: s.zeller@sto.com 93 09/09/2024
Slide 94: Thank you for your interest!
Thank you for your interest! Sto SE & Co. KGaA 09/09/2024 Sto SE & Co. KGaA reception building Design: Wilford Schupp Architekten, Stuttgart, DE Orange Blu, Stuttgart, DE 94
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