Investor Relations Presentation
MX
Solid earnings despite challenging market environment especially in Europe
Shipments¹ [kt]
(4)%
•
1,162
1,142
1,116
Sales [€ mn]
(20)%
3,916
3,346
3,124
•
Comments YoY
Warehousing shipments down due to lower demand
in distribution business mainly in Europe; total
shipment above prior year level
Investment highlights
1 | Market leader profiting from customer trends
2 Growth in North America
3 Improved cost basis in Europe
Lower price levels vs. prior year in virtually all product 4]
groups and lower shipments especially in the
distribution business in Europe
5
New customer solutions in digital supply chain
management and sustainability
Rock solid cash flow
EBIT adj. [€ mn; %]
Mid-term targets
EBITDA
(69)
83
55
adj.
•
(2.7)%
1.5%
0.7%
Margin clearly positive in an even challenging market
environment
•
Shipments >6 mt
•
EBIT adj. margin of 2-3%
127
•
50
Absence of inventory write-down from prior year and
positive one-time effect this year
•
ROCE >9%
23
•
BCF >€200 mn
(104)
Q4 21/22
Q3 22/23
Q4 22/23
1. Materials Stockholding and Processing (excl. direct-to-customer and Aerospace business) | 2. Multi-year average
37 thyssenkrupp AG | Investor Relations | December 2023
Cash conversion rate ~0.8²View entire presentation