Results H1 2021

Wielton Group

September 2021

P U O R G N O T L E I W

Leading European player

  • Manufacturer of trailers. semi-trailersand vehicle bodies for road transport and agriculture.
  • One of the youngest and most dynamic companies in the sector- 25 years of operating.
  • Multibrand - the Group based on strong local brands.
  • Own, modern research and development facilities - in Poland, Germany and France.
  • Extensive product portfolio produktowe - 12 of vehicle group, 800 configurations based on customer needs.
  • International service network - 555 points in 30 countries
  • Experienced staff of over 3,3 thousand people in the Group

2

Top 3

in Europe

Top 10

in the world

Pescara, IT

5 2 4

Commercial

Assembly

Production

companies

plants

centres

P U O R G N O T L E I W

Events affecting 1H 2021 results

01.

Continuation of the positive trend from 1Q2021 and significant growth in sales volumes, revenue

and profitability in 1H 2021, thanks to the Group's effective response to deferred demand and

market recovery.

Systematic improvement of operating efficiency with increased production capacity - reaching 75

02.

units per day at the Group's largest plant in Wieluń in June 2021 (compared to 45 units at the end

of December 2019).

Successful defense of margins, despite a large increase in the prices of strategic raw materials

03.

(e.g. steel) in the discussed period. Achieving an EBITDA margin of 7%.

Continued consistent debt reduction.

04.

Reduction of the net debt to EBITDA ratio to 2.2 (from 3.8 at the end of 2020) - fulfillment of the

05.

conditions for payment of the 2020 dividend of PLN 19.9 million (i.e. PLN 0.33 per share, 71% of

the 2020 profit).

P U O R G N O T L E I W

3

4

Key Data for 1H 2021

Volume

Revenues

EBITDA

[units]

1 326,2

[PLN mn]

[PLN mn]

1 308,4

-1,3%

91,6

12 001

+60,6%

85,4

10 910

814,6

+53,9%

7 087

+284,9%

-27,8%

23,8

1H 2019

1H 2020

1H 2021

1H 2019

1H 2020

1H 2021

1H 2019

1H 2020

1H 2021

!

The most important factor contributing to the good 1H 2021 results was the recovery in sales volumes, revenues

and profitability after a difficult 2020.

The modernizations and investments, made during the lockdown last year,

also contributed to improved margins.

P U O R G N O T L E I W

Markets - Summary of Activities

P U O R G N O T L E I W

Attachments

  • Original document
  • Permalink

Disclaimer

Wielton SA published this content on 20 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2021 15:51:04 UTC.