Transcription

PlatzhalterConference CallQ1 Statement 2020April 28, 2020

COVID-19 situation as of today: Impact in Q2 expected Pandemic and regulatory implications too early to assess finallyCurrent situationManagement priorities Top priority:protect the health and safety of employees Ensure business continuity Focus on Cash Management Accelerate operational excellenceand innovationSupply chain Continuous monitoring of supplier base Managing plant productivity and workingcapital under installation restrictionsChallengesMachines & installation Installation of machines by key-accountcustomers postponed Customer sites closed due to authority orderService business service delivery delays due to customerdemand / access Authority & travel restrictions thus partial decline in number of washesStrengthsChina Production resumed and “normal operation” Sold machines almost at last year’s level Service activity at over 90% due to fewtravel restrictions Global footprint as strength to counterbalancerisks Strong balance sheet DigitalizationWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 20202

WashTec‘s factors of success Business model Customer benefit, Entrepreneurship,Digitalization WashTec Performance Program Digital transformationWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 20203

Business modelWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 20204

Customer benefit, Entrepreneurship, DigitalizationDigitalization of products, service and businessmodels to increase thecustomer benefitCrisis generates digitalization push at WashTec: Reduce shutdown risk due to infections:Employees at Home office Business continuation:Global meetings are held via videoconferences Client support: Remote machine access Business intelligence: Wash figure data asbase for correlations and decision makingWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 20205

WashTec Performance ProgramOperationalExcellenceSales & ServiceExcellenceEngineeringExcellenceSupply ChainExcellencePerformance basedsales & serviceInnovative customercentric solutionsConnected and agilevalue streamDigitalExcellenceDigitalization of value chain, product & service portfolioSimplicityLean product portfolio, lean values streams, easy to sellHeadcountreduction /restructering Overall HC Reduction accelerated Strong restructuring program North America in preparation Supply chain temporary workers released / Preparation for short-time work implementedWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 20206

Digital transformationExample: Evaluation of the wash figuresin Q1 2020 [avg. washes]Germany:China:WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 20207

FinancialsWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 20208

Effects of the COVID-19 pandemic clearly noticeable at the end ofthe first quarterRevenueEBITEBIT margin87.3 Mio. 1.7 Mio. 1.9%Free Cash FlowROCEEarnings per Share1.4 Mio. 17.6%-0.02 WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 20209

Free cash flow significantly increased by 10.8 Mio. 101.291.592.387.376.812.110.83.7Q1 16Q1 17Q1 18Q1 19Q1 20Q1 167.65.4Q1 17Q1 182.61.7Q1 19Q1 201.4in m-3.0-9.4Q1 16Q1 17Q1 18RevenueEBITFree Cash Flow-5.4%*-34.6%* 114.9%*Q1 19Q1 20*Change Q1 2019 vs Q1 2020WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202010

Q1 – Revenue per regionRevenueWashTec Group(-5.4%)Q1 2020Q1 201987,3 Mio. 92,3 Mio. North America ( 26.1%)Q1 202015.0 Mio. Q1 201911.9 Mio. EuropeQ1 202072.2 Mio. (- 8.6%)Q1 201979.0 Mio. Asia/PacificQ1 20203.3 Mio. WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 2020(-17.5%)Q1 20194.0 Mio. 11

Q1 - EBIT per regionEBITWashTec Group(-34.6%)Q1 2020Q1 20191.7 Mio. 2.6 Mio. North America ( 10.3%)Q1 2020Q1 2019-2.6 Mio. -2.9 Mio. EuropeQ1 20205.1 Mio. (-12.1%)Q1 20195.8 Mio. Asia/PacificQ1 2020-0.5 Mio. WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 2020(-25.0%)Q1 2019-0.4 Mio. 12

Q1 – Revenue by product segementWashTec GroupCarwash managementbusiness and others92.3 Mio. 78.7 Mio. Q1 2019Change 12.1%Change -7.9%Change -5.4%72.5 Mio. Q1 2020ChemicalsQ1 2020Q1 201913.0 Mio. Q1 2020WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202011.6 Mio. Q1 2019Change -5.0%87.3 Mio. Equipment and Service1.9 Mio. 2.0 Mio. Q1 2020Q1 201913

Consolidated Income StatementWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202014

Consolidated Balance SheetWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202015

Guidance 2020WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202016

WashTec PerformanceShare Performancein % The negative effects of the Covid-19pandemic were also very clearlyreflected in the development of theshare indices.WashTec The SDAX also deterioratedsignificantly by 26.09%.0.0SDaxMar 19Apr 19Jun 19Oct 19Dec 19Mar 20WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202017

Financial Calendar 2020WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202018

WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202019

The ShareholdersWashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202020

No offer:This document does not constitute or form part of an offer for sale or subscription or an invitation or solicitation of an offer to subscribe for or purchase any securitiesand neither this document nor anything contained herein shall form the basis of any contract or commitment whatsoever. neither this document nor any copy of it maybe taken or transmitted into the united states or provided or transmitted to any U.S. person (within the meaning of regulations under the U.S. securities act of 1933, asamended).Confidentiality:This document is strictly confidential to the recipient, is being supplied to you solely for your information, may not be distributed to the press or other media (includinginformation vendors and wire services) and may not be reproduced in any form or redistributed or passed on, directly or indirectly, to any other person or published, inwhole or in part, for any purpose.Cautionary Note Regarding Forward-Looking Statements:This document refers to statements relating expressly and implicitly to the future. Such forward-looking statements are based on current expectations, estimates,forecasts and prognoses concerning the development of the market as well as management estimates and assumptions. Such forward-looking statements are noguarantee that events or results will actually materialize in the future and are subject to risks, uncertainties, assumptions and other factors that could lead to actualevents or results deviating substantially from those anticipated in these forward-looking statements. The company assumes no obligation to update any forward-lookinginformation.WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 202021

1.4 Mio. EBIT margin 1.9% EBIT 1.7 Mio. Earnings per Share-0.02 Revenue 87.3 Mio. WashTec AG Conference Call Q1 Statement 2020 Augsburg, April 28, 2020 Effects of the COVID-19 pandemic clearly noticeable at the end of the first quarter ROCE 17.6%