Analyst & Investor

Conference Call

Q1 2022/2023

Markus Ruf

February 2023

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At a glance

P&L | Total revenues EUR 280.5m (+20.3% yoy) | EBIT: EUR 11.496m | margin: 4.1%

Cashflow | Investments EUR 7.6m | FCF EUR +46.1m

Balance Sheet | BS total: EUR 931.5m | Equity EUR 438.4m | Equity Ratio 47.1%

Employees | 13,416 (+10.8%/+1,308 yoy of which 433 at Philotech, +237 qoq)

Vacancies | More than 2,500 vacant job opportunies

Analyst Conference Call Bertrandt AG I February 15, 2023

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Highlights

  • Solid demand across German and international markets
  • Total revenues at EUR 280.5m in Q1 2022/2023 (+20% yoy, organic growth +15% yoy)
  • Double-digitgrowth in international subsidiaries
  • EBIT of EUR 11.5m (+16% yoy)
  • High level of sick leave, fewer working days and cost inflation slowed top line and earnings growth

Analyst Conference Call Bertrandt AG I February 15, 2023

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Highlights - HR

  • Successful recruiting: 13,416 employees as of 31/12/2022 (+1,308 yoy of which 433 Philotech Group)
  • More than 36,000 CVs received in Q1 2022/2023
  • Inflation compensation bonus for employees
  • Further international expansion: subsidiary in Marocco to be opened soon

Analyst Conference Call Bertrandt AG I February 15, 2023

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Automotive market development

  • Heterogenous car markets in Q1, but improving mood among German OEMs based on ifo survey
  • Major customers with decent earnings and clear EV-strategies
  • 100 new e-cars to be launched in
    2023*
  • Overall solid R&D sourcing
  • Regulatory initiatives further progressing: EU7 not only impacting ICE cars
  • Trend topics continue to be: sustainability, electromobility, digitalization, connectivity and autonomous driving
  • Cost and efficiency pressure ongoing and addressed
  • Supply shortages only slowly easing

Analyst Conference Call Bertrandt AG I February 15, 2023 | * Source: Elektroautomobil

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Bertrandt AG published this content on 15 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2023 06:24:04 UTC.