INTERROLL HOLDING AG
H1/2022 Analyst Webcast

interroll.com

AgendaWelcomeGroup Overview

Financial Highlights H1/2022
Q&A2

INTERROLL HOLDING AG
Group Overview
Martin Regnet
Head of Communications & Investor Relations
Interroll Holding AG

interroll.com

Internal Logistics Solutions are part ofMaterial Handling Equipment Manufacturing
Material Handling Equipment Manufacturing (MHEM) Market
CHF 200 billion (2022), growing at a CAGR of 4-7% (2022-25)

Internal Logistics Solutions are a part of the MHEM Market.
Relevant market for Interroll products: CHF 6-8 billion worldwide.
Interroll market share: 8-11% worldwide.
4

Interroll
Leading global provider for material handling solutions

2,600

35

16 main

employees

companies

factories

Headquarters
in Switzerland

28,000
customers

Founded in1959

Interroll
Focus on growth markets

FOOD &BEVERAGESWAREHOUSING& DISTRIBUTIONAIRPORTS

COURIER, EXPRESS& PARCEL

TIRE &AUTOM OTIVEFASHION &RETAILSUPERM ARKET
SOLUTIONSINDUSTRIAL
M ANUFACTURING

6

Interroll
Platform Strategy

Faster installation

Modular

Scalable

Flexibleand maintenance

INTERROLL
P L AT F O R M
S T R AT E G Y

Shorterdelivery times

Highestproduct quality

7

Highlights of our Growth Strategy
Three Pillars: Products, Markets, Service
SERVICE
BUSINESSGEOGRAPHICALE X PA N S I O N
I N N O V AT I V E
PRODUCTSINNO V AT IO N S

REG IO N AL PRESENCE
EMEA• New CoE SoftwareAmericas• E-Commerce• Smart Pallet Mover& Electronics in Linz
temporarily slower• Sorter Platform completed • Extensions• Upgrade Local
Germany (2023)
Assembly Brazil• Food Conveyor Platform• Extended Controls Family • Plant Digitalization • New Sales Team(ongoing)

MexicoSERVICE

Asia Pacific• New Factory inChina (Q3/22)• Focus Markets• New Setup ServiceOrganization (Q3/21)• Attractive Retrofit
opportunities

Vietnam &Philippines• High Potential
Australia & NZ

*Modular Pallet Conveyor Platform**CoE= Center of Excellence8Innovation in Practice:Hygienic Conveyor Platform•

Stainless steel platform to improve quality under cutup unit•

Clean in place station included•

Suitable for different cut ups•

Foodwaste reduction through ultrahygienic operation•

Modular stainless - steel platform

FROM 2022•

First system within food with ZPA**•

Smallest footprint for modular band curveSpecial Hygienic
Conveyor - SHC•Global; standardized modular platform•Conveyor surface unique in durability and hygienic
behavior•

Ready for washdown process

Poultryprocessing

FROM 2022
Ultra Hygienic
Transfer - UHT

packed food2023* E u r o p e a n* *General use forZ e r oGeneral use fornon-packed

Ultra Hygienic
Conveyor - UHC

H y g i e n i c

P r e s s u r e

E n g i n e e r i n g

A c c u m u l a t i o na n d

D e s i g n

EHEDG*hygienic
standards

EHEDG*hygienicstandards

EHEDG*
hygienicstandards

G r o u p9

Global Lifetime Service
Next Steps

Dedicated service
organization:
EMEA from Q3/2021

Enlarged Service Team:
more than 100 ITRL
headcount & external partners

TODAY
AVAILABLEAVAILABLE
AND INSCALE-UP

LONGER-TERM
FUTURE:

Spare parts &refurbishment

Maintenance &installations

Consulting, training,Retrofit• Spare parts logistics anddistribution.

• Installation und Supervisor• Optimization – Planning &Realization• Parts Packages• Parts/Products refurbishment• On site repairs• Service contracts (SLA)• Preventive maintenance• Retrofit, Upgrades• Training (Academy or on site)• Ramp up /Operation support

10Strengthening Commitment to Corporate
Responsibility
Long-term commitment toENVIRO NM ENT AL ,SOCIAL,G O VERN AN CE
standards (ESG)

Sustainability report 2021
reflects some
SUST AI N AB LE
DEVELOPM ENT GOALS(SDG ’s) as intermediarystep, besides the «Report onprogress» for the Global
Compact

Swiss Stock Exchange SIX
selected Interroll to be part of
the SPI ESG & SPI ESGW EIG HT ED INDEXES,
which went live in Feb 2021

A full ESG REPO RT isto be published on FY
2022 (project initialized)

The further developmentof the CO M PL IAN C E
M AN AG EM ENTSY ST EM (CM S) in theentire group ensures
Interroll‘s long-termcompetitiveness11

INTERROLL HOLDING AG
Financial Highlights H1/2022
Heinz Hössli
Chief Financial Officer
Interroll Holding AG

interroll.com

Performance summary H1/2022-27.8% order intake decrease (previous year: +60.1%)
Local currency: -24.8%
All regions show a decrease in order intake+14.3% sales increase (previous year: +16.7%)
Local currency: +18.5%
Regions EMEA and Amerika show an increase in sales-9.2% EBIT decrease to CHF 40.8m (previous year: CHF 45.0m)
Material price increases and backlog with old prices; high cost discipline

Operating cash flow: CHF 1.2m (previous year: CHF 25.3m)
High increase in inventories
13Order intake: CHF 304.4m (-27.8%)
In local currency: -24.8%

324.6

298.9

263.4

M I L L I O N

400421.6
35.7

34.1

186.6

26.9

27.7

• Rollers: -23.9%

110.5• Drives: -11.8%

105.5• Conveyors & Sorters: -40.7%• Pallet Handling: -22.4%

20.2

200

147.0

128.3

112.3

C H F

119.6

I N

304.4

087.8

86.5

77.4

55.7

57.2

53.5

79.7

60.7

1806

1906

20062106

2206

Rollers

DrivesConveyors / Sorters

Pallet Handling• Book-to-bill Ratio: 0.98 (PY: 1.55)

14

Sales: CHF 310.9m (+14.3%)
In local currency: +18.5%

240.7

260.8

233.2

272.0

309.9

32.9

200

I N

C H F

M I L L I O N

400030.2
71.4

28.1
83.9

26.9
20.6

80.9

• Rollers: +11.1%

96.8• Drives: +18.3%

93.2

110.2

• Conveyors & Sorters: +9.9%• Pallet Handling: +22.4%

88.1

84.4

90.1

79.1

54.7

58.7

52.5

63.8

69.9

1806

1906

20062106

2206

Rollers

DrivesConveyors / Sorters

Pallet Handling• Book-to-bill Ratio: 0.98 (PY: 1.55)

15

Sales by region: CHF 310.9m (+14.3%)
In local currency: +18.5%

300.0• Asia-Pacific: -23.0%
Sales by region:• EMEA: 58% (PY: 60%)
• Americas: 33% (PY: 27%)

100.0

C H F

• Americas: +36.4%

I N• EMEA: +12.3%

M I L L I O NSales development:

1806

1906

2006

2106

2206-100.0EMEAAMERICASASIA• Asia-Pacific: 9% (PY: 13%)
16

EBIT: CHF 40.8m (-9.2%)

60.0

20%

16.5%

I N

C H F

M I L L I O N

13.1%
11.9%

40.0

13.8%

40.8 15%

45.0

10.5%

32.3

31.2
20.0

10%

• High cost discipline
EBITDA CHF 52.4m (-6.9%)

25.3
5%

0.00%
1806

• Material price increases and supply
chain issues

1906

2006
EBIT

2106
In % of sales

2206

In % of sales 16.9% (PY: 20.7%)• Depreciation & amortization almost
unchanged
EBIT CHF 40.8m (-9.2%)
In% of sales 13.1% (PY: 16.5%)
17Result: CHF 33.1m (-0.9%)

4015%

12.2%

In % of sales 10.6% (PY: 12.2%)

33.1

33.4
23.8

10%

18.65%I N

Result CHF 33.1m (-0.9%)

10.2%

20

C H F

• Lower tax rate

7.7%

8.8%

23.1

• Positive financing result from FX
currency gain

M I L L I O N

10.6%

00%
1806

1906

2006

Net profit

2106

2206

In % of sales

18

Operating cash flow: CHF 1.2m

60

25%

I N

C H F

M I L L I O N

19.6%
20%

15.6%
4013.0%15%40.6
2045.610%

0.4%Free cash flow CHF -7.2m

1.200%
2006

Operational Cash Flow

2106

Investments CHF 12.4m (PY: CHF 32.0m)

5%

25.3

1906

Operating cash flow CHF 1.2m
In % of sales: 0.4% (PY: 9.3%)

9.3%

31.2

1806

• Much higher inventories (+52.0m)

2206

In % of sales: -2.3% (PY: -1.8%)

In % of sales

19Value creation:ROE 18.9% and RONA 17.8%

35%

30.4%

ROE

30%
25.4%

25%

22.6%
20.9%
23.3%

20%

17.1%

14.4%
13.4%

15%

12.8%

11.1%
10%

RONA

11.9%
9.9%

10.4%
9.9%

12.6%

17.8%

16.5%
19%

16.4%

24.5%

19%

18.9%

15.8%

15.3%

12.2%
9.8%

WACC

5%
0%

2010

2011

2012

2013
R O E

2014
&2015

R O N A

V S .

2016

2017

W A C CO F2018

2019

2020

2021

H1/22

9 %
20

Profitable growth –now and in the future• Due to a time horizon that is difficult to assess withregard to a normalization of the situation, Interroll
currently refrains from providing an outlook for thefinancial year 2022
• Based on its strong market position, its innovativeproducts, available capacities for growth and the fastgrowing end-markets served (E-Commerce, CEP,Food & Beverage, Distribution & Industry), Interroll
sees significant long-term potential.

Digital Half-Year Report 2022

https://www.interroll.com/investor-relations/reports-andpublications

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Questions?

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Contact details

Interroll Holding AG
Via Gorelle 36592 Sant’Antonino
Switzerland

Heinz Hössli
Chief Financial Officer
h.hoessli@interroll.com
Phone +41 91 850 25 44

Martin Regnet
Head of Communications & Investor Relations
m.regnet@interroll.com
Phone +41 91 850 25 21
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