Ntg Nordic Transport Group A/s · OMXCOP:NTG
Ntg Nordic Transport Group A/s — Q1 2024 Earnings Presentation
12 slides from Ntg Nordic Transport Group A/s's earnings presentation, May 8, 2024
Slide 1: Q1 2024 Conference Call
Q1 2024 Conference Call NTG Nordic Transport Group 8 May 2024, 10:00 AM CEST
Slide 2: Information
Information This presentation has been prepared for information purposes only. This presentation (i) is Forward-looking statements may include, but are not limited to, projections of revenue, by necessity a summary of more detailed information, (ii) is not intended and should not statements relating
Slide 3: Today's presenters
Today’s presenters MATHIAS JENSEN-VINSTRUP CHRISTIAN D. JAKOBSEN Group CEO Group CFO 3
Slide 4: Agenda
Highlights Financial review AGENDA Other key figures Outlook for 2024 Q&A 4
Slide 5: 2024 highlights
Highlights Financial review Other key figures 2024 highlights Outlook for 2024 Q&A CONTINUED MUTED ACTIVITY AND EARLY SIGNS OF INVESTMENTS IN THE 2024 GUIDANCE NORMALISATION FIERCE COMPETITION STABILISATION ORGANISATION MAINTAINED 5
Slide 6: Financial review: Group (I/II)
Highlights Financial review Other key figures Financial review: Group (I/II) Outlook for 2024 Q&A Q1 COMMENTS DKKm 2024 2023 ∆ Challenging market Net revenue 2,158 2,254 -4.3% conditions for both divisions Gross profit 463 477 -2.9% Adjusted EBIT 114 150 -24.0% Lower freight rates and lower volu
Slide 7: Financial review: Group (II/II)
Highlights Financial review Other key figures Financial review: Group (II/II) Outlook for 2024 Q&A Gross margin Conversion ratio Operating margin 25% 50% 12% 45% 11% 24% 10% 40% 23% 9% 35% 8% 22% 29.7% 6.4% 21.6% 30% 7% 21.5% 24.6% 21% 21.0% 25% 6% 5.3% 20% 5% 20% 4% 15% 10.3% 3% 2.2% 19% 10% 2% 18%
Slide 8: Financial review: Road & Logistics
Highlights Financial review Other key figures Financial review: Road & Logistics Outlook for 2024 Q&A Q1 COMMENTS DKKm 2024 2023 ∆ Negative organic growth Net revenue 1,604 1,648 -2.7% driven by day-count effects Gross profit 347 348 -0.3% (Easter) and reduced spot Adjusted EBIT 103 117 -12.0% act
Slide 9: Financial review: Air & Ocean
Highlights Financial review Other key figures Financial review: Air & Ocean Outlook for 2024 Q&A Q1 COMMENTS DKKm 2024 2023 ∆ Negative organic growth Net revenue 553 605 -8.6% driven by declining freight Gross profit 116 129 -10.1% rates and volumes. Adjusted EBIT 12 32 -62.5% Gross margin decre
Slide 10: Other key figures
Highlights Financial review Other key figures Other key figures Outlook for 2024 Q&A Net working capital (DKKm) Adjusted free cash flow1 (DKKm) Net interest-bearing debt2 (DKKm) 361 369 243 220 246 45 103 28 73 -18 -73 -51 -110 -140 -209 31-Mar-23 31-Mar-24 30-Sep-23 30-Jun-23 31-Dec-23 Q1’23 Q2’23
Slide 11: Full-year outlook 2024
Highlights Financial review Other key figures Full-year outlook 2024 Outlook for 2024 Q&A DKKm 2023 realised 2024 outlook Adjusted EBIT 630 500 – 580 Key assumptions The outlook assumes an expected overall flat market environment with soft macroeconomics and continued muted consumer confidence.
Slide 12: The Q&A
The Q&A NTG Nordic Transport Group A/S Investor relations and press Hammerholmen 47 Christian D. Jakobsen DK-2650 Hvidovre Group CFO www.ntg.com CVR no. 12546106 +45 4212 8099 ir@ntg.com | press@ntg.com
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