Aalberts : Presentation General Meeting 2022

general meeting Aalberts N.V.

Utrecht, 19 May 2022

agenda

Aalberts highlights 2021

Aalberts 'accelerates unique positioning'

financial development 2021

trading update - first four months 2022

questions & answers

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1. Aalberts highlights 2021

Wim Pelsma - CEO

Aalberts highlights

revenue		added-value
(in EUR million)		(% of revenue)
2,979		62.2
+14%		2020: 61.6
EBITA		EBITA %
(in EUR million)		(% of revenue)
454		15.2
+61%		2020: 10.8
net profit		earnings per share
before amortisation		before amortisation
(in EUR million)		(in EUR)
337		3.05
+69%		+69%
capital expenditure		ROCE
(in EUR million)		(in %)
147		17.2
+54%		2020: 11.7

1. revenue EUR 2,979 million; organic growth 16.0%

1. orderbook increased with 52%

1. EBITA EUR 454 million; EBITA margin 15.2%

1. net profit before amortisation EUR 337 million; per share EUR 3.05

1. free cash flow EUR 310 million

1. capital expenditure increased to EUR 147 million

1. additionally: exceptional EBITA benefit of EUR 100 million

1. acquisitions Sentinel and Premier Thermal

1. divestments Adex, Lasco and Standard Hidráulica Group

Aalberts realises 16% organic revenue growth and an EBITA margin of 15.2%

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Aalberts portfolio optimisation

acquisitions 2021

Sentinel Performance Solutions Group Limited (United Kingdom)

strengthens technology portfolio; specialised in cleaning, protecting and maintenance of heating and cooling systems

approx. annual revenue

GBP 20 million

Premier Thermal Solutions (America)
strategic footprint; platform in North America and leading	USD 60 million
aluminium treatment provider, serving various end markets
divestments 2021	approx. annual revenue
Adex b.v. (the Netherlands)	EUR 10 million
Lasco Fittings, Inc (Tennessee, USA)	USD 150 million
Standard Hidráulica Group (Spain)	EUR 90 million

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