WashTec AG — Audit Report / Information 2019

Mar 18, 2020

Conference Call Annual Report 2019 March 18, 2020

WashTec's factors of success

• Business model
• Customer benefit, Entrepreneurship, Digitalization
• Operational excellence
• Digital transformation

Business model

Customer benefit, Entrepreneurship, Digitalization

Maximum concentration on customer benefit

Employees as entrepreneurs at WashTec Digitalization of products, service and

businessmodels to increase the customer benefit

Operational Excellence

Excellence	Engineering Excellence	Supply Chain Excellence
Performance based sales & service	Innovative customer centric solutions	Connected and agile value stream
Digitalization of	value chain, product	portfolio
Lean product portfolio, lean values streams, easy to sell
		& service

• Broad Enablers: Tools, process, people
• Affecting all levers: growth, margin, cost, time
• Target is sutain competitive profit level and improve time-to-market

Financials

Stable revenue development - Performance Program shows first successes in the second half of the year

*EBIT / EBIT margin adjusted for effects of Performance Program

The fourth quarter – a strong end to the financial year 2019

in Mio. €

Group revenues remain stable in 2019

EBIT margin at 8.3%

Consolidated Income Statement

Consolidated Balance Sheet

ﺍﺍﺍﺍﺍﺍﺍﺍﺍﺍ
	Dec. 31, 2019	Dec. 31, 2018
Balance Sheet Total	274.9	237.2
Goodwill	42.3	42.3
Equity	84.5	95.4
Net Financial Debt	56.4	10.1
Net Operating Working Capital	96.2	82.6

	in Em
2019	2018
35.7	50.8
21.8	38.2
-6.8	-6.0
15.0	32.3
-42.0	-35.2
-27.0	-2.9
-34.7	-7.1

Guidance 2020

		Impact on the forecast due to the coronavirus crisis determined by various factors and currently not
		foreseeable, ▪ over which period of time,
		▪ in which divisions,
		▪ the extent to which negative
		effects will occur, ▪ and the extent to which these
		can be offset by countervailing positive effects.
		The company is working on
		increasing profitability in order to return to a double-digit EBIT margin in the medium term.

April 28, 2020	Publication of Q1 Statement
July 28, 2020	Publication of half-year report
September 21-25, 2020	Baader Investement Konferenz, München
October 27, 2020	Publication of Q3 Statement
November 16-18, 2020	Eigenkapital Forum, Frankfurt

The Shareholders