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technotrans SE Investor Presentation 2025
431_ip_2025-05-05_eb19c498-1159-463c-ba91-73f3bbd5371f.pdf
Investor Presentation
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Webcast 1st quarter 2025
POWER TO TRANSFORM - STRATEGY INTO RESULTS
Michael Finger | CEO
Natascha Sander | CFO
Sassenberg, May 6, 2025
technotrans
WEBCAST 1ST QUARTER 2025
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Agenda
- Overview & Highlights
- Focus markets
- Financials
- Strategy & Outlook
HIGHLIGHTS
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Strong performance in the first quarter of 2025
Revenue (m €)
EBIT (m €) | EBIT margin (%)
ROCE (%)
Markets
- Growth in the focus markets of Energy Management, Healthcare & Analytics and Print
- Book to bill ratio of 1.2 signals further growth
Financials
- Consolidated revenue in the first 3 months in the amount of € 60.1 million (previous year: € 56.0 million)
- Order backlog of € 80 million
Strategy
- Positive effects of the successfully completed ttSprint efficiency program visible
- Capital Markets Day in October Strategy Update 2030
PRESS RELEASES
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1st quarter 2025 | Selected Highlights
technotrans wins another major order for battery cooling for electric buses
technotrans acquires neighboring property in Sassenberg and creates basis for further growth in the Energy Management division
bauma 2025: technotrans presents thermal management solutions for battery-powered off-road vehicles | Entry into growth market mining planned
Top ranking:
technotrans temperature control unit teco .ci is one of the best products of the year
CLEAR FOCUS
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Share of revenue in focus markets
- 95 % from focus markets | Core Business
- Development of a balanced product portfolio
- Strengthening resilience
FOCUS MARKETS Q1 2025
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Development of focus markets
ENERGY MANAGEMENT
Revenue
Share of revenue
Driver
9.4 m €
+24%*
16%
BTMS Rail BTMS E-Bus Datacenter
HEALTHCARE & ANALYTICS
4.8 m €
+35%*
8%
Analytics
Scanner
Clean room
PRINT
21.0 m €
+9%*
35%
Packaging printing
Label printing
Digital printing
PLASTICS
11.8 m €
-7%*
20%
Temperature control units
Refrigeration systems
Natural refrigerants
LASER
9.6 m €
-4%*
16%
Battery production
Semiconductors
EUV
- Comparison with previous year
FINANCIALS
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1st quarter 2025: Significant increase in revenue & EBIT
- Increase in sales in Q1 2025 to € 60.1 million (previous year: € 56.0 million)
- Sales growth of 7.3 % driven by the focus markets Energy Management, Healthcare & Analytics and Print
- Increase in EBIT in the first quarter of 2025 to € 4.0 million with a margin of 6.7 % (previous year: € 0.4 million, 0.7 % EBIT margin)
- Higher earnings due to increased sales volume combined with an optimized product mix, efficiency improvements and strict cost management
- Elimination of temporary expenses for the reorganization in Q1 2024 in the amount of € 0.7 million
FINANCIALS
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Technology: Revenue & EBIT significantly above previous year
- Sales growth in the Technology segment of 8.5 % to € 45.0 million (previous year: € 41.5 million)
- The focus market Energy Management remains the most important growth driver; Healthcare & Analytics and Print also grew
- Plastics and Lasers down on previous year as expected due to economic conditions
- Increase in EBIT compared to the previous year from € -0.9 million to 1.6 million €
- Improvement in the EBIT margin to 3.7 % (previous year: -2.2 %) due to economies of scale, product mix optimization and efficiency improvements
- Elimination of temporary expenses for the reorganization in Q1 2024 in the amount of € 0.4 million
FINANCIALS
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Services: Profitability noticeably increased
- Moderate sales growth in the Services segment to € 15.2 million (previous year: € 14.6 million)
- General recovery of the service business
- Increase in segment EBIT to € 2.4 million (previous year: € 1.3 million) due to sales growth and efficiency measures from the ttSprint program
- Improvement in the segment EBIT margin to 15.7% (previous year 8.9%)
- Elimination of temporary expenses for the reorganization in Q1 2024 in the amount of € 0.3 million
FINANCIALS
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ROCE and free cash flow
ROCE (%)
Free cash flow (m €)
- ROCE rises to 14.4 % (previous year: 10.3 %) as a result of the improved earnings
- Free cash flow amounted to € -5.8 million (previous year: € -3.0 million) due to conscious inventory build-up, timing-driven increase in receivables and the purchase of a plot of land. Normalization expected over the course of the year.
FINANCIALS
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Earnings performance
Gross profit (m €) | Gross margin (%)
EBITDA (m €)
Profit for the period (m €)
Earnings per share (€)
- Significant increase in gross margin due to the full effectiveness of the efficiency measures from the ttSprint project and focus on high-margin applications
- Increase in EBITDA in line with EBIT development
- Earnings per share rise correspondingly strongly to 0.37 €
FINANCIALS
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Net assets
Equity ratio (%)
Net debt (m €)
Net debt / EBITDA ratio
- Equity ratio at a high and comfortable level of 59.5 %
- Increase in net debt due to negative cash flow, with ratio of 1.09x at investment grade level
- Solid balance sheet confirms technotrans' financial stability even in an economic environment that remains challenging
STRATEGY INTO RESULTS
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EBIT guidance 2025 - ttSprint supports performance
Diagram for illustration
FINANCIAL YEAR 2025
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Forecast 2025
- Good start in Q1 2025
- Electrification, digitalization and decarbonization accelerate growth
- Thermal management is becoming increasingly important
- Sophisticated products for growth markets
- Decentralized organization introduced close to the market
- Measures defined to increase profitability even in a difficult market environment
We are Future Ready 2025!
A strategy update and new medium-term targets for 2030 will be presented at a Capital Markets Day in October.
Revenue (m €)
EBIT margin
* EBIT was adjusted for restructuring costs.
ROCE
The forecast is subject to the proviso that the political and economic conditions do not deteriorate. These include, in particular, economic trends, the war in Ukraine, the conflict in the Middle East, regulations at European and international level and macropolitical developments. Possible portfolio changes are not taken into account in this forecast.
CONTACT
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Investor Relations
Frank Dernesch
Manager Investor Relations & Treasury
Tel. +49 (0)2583 301-1868
Fax +49 (0)2583 301-1054
[email protected]
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Disclaimer
- This presentation contains statements on the future development of the technotrans Group.
- They reflect the current views of the management of technotrans SE and are based on the corresponding plans, estimates and expectations. Please note that the statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated