Results H1 2021
Wielton Group
September 2021
P U O R G N O T L E I W
Leading European player
- Manufacturer of trailers. semi-trailersand vehicle bodies for road transport and agriculture.
- One of the youngest and most dynamic companies in the sector- 25 years of operating.
- Multibrand - the Group based on strong local brands.
- Own, modern research and development facilities - in Poland, Germany and France.
- Extensive product portfolio produktowe - 12 of vehicle group, 800 configurations based on customer needs.
- International service network - 555 points in 30 countries
- Experienced staff of over 3,3 thousand people in the Group
2
Top 3
in Europe
Top 10
in the world
Pescara, IT
5 2 4
Commercial | Assembly | Production | |
companies | plants | centres | |
P U O R G N O T L E I W
Events affecting 1H 2021 results
01. | Continuation of the positive trend from 1Q2021 and significant growth in sales volumes, revenue |
and profitability in 1H 2021, thanks to the Group's effective response to deferred demand and | |
market recovery. | |
Systematic improvement of operating efficiency with increased production capacity - reaching 75 | |
02. | |
units per day at the Group's largest plant in Wieluń in June 2021 (compared to 45 units at the end | |
of December 2019). | |
Successful defense of margins, despite a large increase in the prices of strategic raw materials | |
03. | |
(e.g. steel) in the discussed period. Achieving an EBITDA margin of 7%. | |
Continued consistent debt reduction. | |
04. | |
Reduction of the net debt to EBITDA ratio to 2.2 (from 3.8 at the end of 2020) - fulfillment of the | |
05. | |
conditions for payment of the 2020 dividend of PLN 19.9 million (i.e. PLN 0.33 per share, 71% of |
the 2020 profit).
P U O R G N O T L E I W
3
4
Key Data for 1H 2021
Volume | Revenues | EBITDA | |
[units] | 1 326,2 | [PLN mn] | [PLN mn] |
1 308,4 | |||
-1,3% | |||
91,6 | |||
12 001 | +60,6% | 85,4 | |
10 910 | |||
814,6 | |||
+53,9% | |||
7 087 | +284,9% |
-27,8%
23,8
1H 2019 | 1H 2020 | 1H 2021 | 1H 2019 | 1H 2020 | 1H 2021 | 1H 2019 | 1H 2020 | 1H 2021 |
! | The most important factor contributing to the good 1H 2021 results was the recovery in sales volumes, revenues | |||
and profitability after a difficult 2020. | The modernizations and investments, made during the lockdown last year, | |||
also contributed to improved margins. | ||||
P U O R G N O T L E I W
Markets - Summary of Activities
P U O R G N O T L E I W