Aumann Ag · XETR:AAG
Aumann — Q1 2024 Earnings Presentation
22 slides from Aumann's earnings presentation, May 15, 2024
Slide 1: Earnings Call 3M 2024
Earnings Call 3M 2024 Aumann AG 15 May 2024
Slide 2: Aumann drives the E-mobility transformation
Aumann drives the E-mobility transformation Strategic focus Global customers Fully automated production lines… Order intake E-mobility* 274 +27% p.a. 231 169 102 113 119 80 51 …for the entire range of electromobility 2016A 2017A 2018A 2019A 2020A 2021A 2022A 2023A * Order intake in the E-mobility se
Slide 3: Electromobility comes to life on Aumann's production lines
Electromobility comes to life on Aumann’s production lines Electric Drive Unit Electronics & Sensors Battery & Fuel Cell System Chassis components Aumann competences NEW Measuring Industry Turnkey Converting Assembly Winding Joining Automation & Testing 4.0 solutions LACOM 3
Slide 4: Electromobility comes to life on Aumann's production lines: Electric Drive Unit
Electromobility comes to life on Aumann’s production lines Electric Drive Unit Aumann competences NEW Measuring Industry Turnkey Converting Assembly Winding Joining Automation & Testing 4.0 solutions LACOM 4
Slide 5: Electric Drive Unit
We are a full-service provider for the efficient electric drive unit Electric Drive Unit Inverter Stator Rotor Aumann's modular production solutions Aumann masters the entire Wound rotor gains importance over ideally suited for inverters production processes for stators permanent magnet rotor 5
Slide 6: Electromobility comes to life on Aumann's production lines: Battery System
Electromobility comes to life on Aumann’s production lines Battery System Aumann competences NEW Measuring Industry Turnkey Converting Assembly Winding Joining Automation & Testing 4.0 solutions LACOM 6
Slide 7: Battery System
We are a pioneer for the production process of battery systems Battery System Battery Cell Battery Module Battery Pack With its converting technology, Accelerating EV adoption drives Cell-to-Pack design sets the highest Aumann enters the dynamic field demand for advanced battery standards for produc
Slide 8: Electromobility comes to life on Aumann's production lines: Fuel Cell System
Electromobility comes to life on Aumann’s production lines Fuel Cell System Aumann competences NEW Measuring Industry Turnkey Converting Assembly Winding Joining Automation & Testing 4.0 solutions LACOM 8
Slide 9: Fuel Cell
We are a turnkey supplier for fuel cell production solutions Fuel Cell MEA | BPP Stack BOP Aumann masters the entire Over 15 years’ experience Aumann offers customized solutions production process for MEA & BPP in stacking technology along the entire value chain 9
Slide 10: OEMs progressing on EV sales targets
OEMs progressing on EV sales targets BEV sales by OEM in 2023 Global E-vehicle market share in 2023* in thousand units and yoy growth in % market share in % 376.1 220.6 +74% 771.0 +73% 84 % 80 % +35% 1.808,6 +38% 16 % 20 % 2022 2023 BEV & PHEV Other** Sources: OEMs, PWC | *WE 5+5, USA, China, India,
Slide 11: Financial Performance 3M 2024
Financial Performance 3M 2024
Slide 12: Highlights 3M 2024
Highlights 3M 2024 Revenue Order Intake € 64.5 m € 76.0 m Growth Growth +15.8% YOY +1.1% YOY EBITDA margin 10.5% Liquidity EBITDA growth Order Backlog +94.5% YOY € 137.8 m Growth € 313.9 m +41.3% YOY Growth +13.5% YOY Number of employees increases to 958 +124 YOY YOY = Year-over-Year 12
Slide 13: Order intake on previous year's level while order backlog continues to grow
Order intake on previous year’s level while order backlog continues to grow Order intake Order backlog in € million in € million +1.1% +13.5% 75.2 76.0 313.9 Segment Segment 276.5 share share 39.3 255.9 81.5 % 68.9 90.7% 206.5 35.9 70.0 58.0 18.5 % 7.0 9.3 % 3M 2023 3M 2024 Mar 2023 Mar 2024 E-mobil
Slide 14: Significant improvement of revenue and profitability
Significant improvement of revenue and profitability Revenue EBITDA in € million in € million and in % of revenue +15.8% 6.2% 10.5% 64.5 Segment 94.5% Segment 55.7 share margin 6.7 48.6 75.3% 39.5 5.3 11.0% 3.5 2.3 16.2 15.9 24.7% 1.9 2.3 14.3% 3M 2023 3M 2024 3M 2023 3M 2024 Emobility Classic Not s
Slide 15: E-Mobility segment is the main driver of Aumann's growth
E-Mobility segment is the main driver of Aumann‘s growth in € million 3M 2023 3M 2024 Order intake 39.3 68.9 Order backlog 206.5 255.9 Revenue 39.5 48.6 EBITDA 2.3 5.3 Order intake jumps by 75.5% YOY based on battery system orders leading to a 3M segment book-to-bill ratio of 1.42 In parallel, stron
Slide 16: Classic segment is Aumann's secure second pillar
Classic segment is Aumann’s secure second pillar in € million 3M 2023 3M 2024 Order intake 35.9 7.0 Order backlog 70.0 58.0 Revenue 16.2 15.9 EBITDA 1.9 2.3 Order intake experienced a notable YOY decrease, as the first quarter 2023 included a large-scale order Segment continues to benefit from its o
Slide 17: Solid balance sheet enables dividend payment, share buyback and further growth
Solid balance sheet enables dividend payment, share buyback and further growth Balance sheet as of 31 March 2024 in € million 345 345 Dividend proposal Non-current assets 83 € 0.20 190 per share and completed Equity share buyback program* (54.9%) Current assets 125 54.9% Cash 138 Solid equity ratio
Slide 18: Guidance for 2024 revenue growth and substantial margin development
Guidance for 2024 revenue growth and substantial margin development Revenue EBITDA in € million in € million and in % of revenue 7.1% 9-11% > 320.0 289.6 20.6 229.1 17.1 60.5 6.2 FY 2023 Guidance FY 2023 Guidance FY 2024 FY 2024 E-mobility Classic Not shown: effects from reconciliation 18
Slide 19: Summary
Summary Turnkey Profitable Long term Willing Production Asset-light Partnership Consumers & Solutions Business model & Experience Expansion Solid Great Highly Financials Liquidity skilled engineers
Slide 20: Financial Calendar 2024
Financial Calendar 2024 Interim Statement Q1 2024 and Earnings Call Q1 2024 15 May 2024 HAIB Stockpicker Summit (Kitzbuhel) 15 – 17 May 2024 Annual General Meeting 2024 18 June 2024 Half-year Financial Report 2024 and Earnings Call H1 2024 14 August 2024 Berenberg/ Goldmann Sachs German Corporate Co
Slide 21: Aumann AG
Aumann AG Dieselstrasse 6 48361 Beelen Germany Investor Relations Tel +49 2586 888 7800 Fax +49 2586 888 7805 ir@aumann.com www.aumann.com
Slide 22: Disclaimer
Disclaimer The presentation, including any printed or electronic copy of these slides, the talks given by the presenters, the information communicated during any delivery of the presentation and any question and answer session and any document or material distributed at or in connection with the pre