🌟 Dive into Jost Werke AG's Stellar Q2 Performance with Romy Acosta! 🌟
👉🏻👉🏻👉🏻 https://lnkd.in/eJzxVmgk
Join Romy, the outstanding Head of Investor Relations at Jost Werke AG, as she enthusiastically unravels the company's financial and operational performance in H1 2023.
This quarter? Nothing short of phenomenal! 📈
Romy conveys a historic Q2 for Jost Werke AG. Even when external headwinds threatened to trim growth by 4%, the company's resilience stood out, registering a notable 2.6% sales spike, which summed up to €330 million.
Without these challenges? They could have experienced a staggering 6.4% YOY growth! 🚀
Breaking down the numbers:
🚛 Transport:
Owing to a surge in global truck & trailer demand, especially from North America & Asia Pacific Africa, transport sales rocketed by 13%, reaching €263 million. Though Europe saw a slight dip, Romy provided a reassuring context.
🌾 Agriculture:
North America & Europe faced some setbacks in specific segments, yet the transport sector emerged as the beacon of hope, showcasing the company's diverse strengths.
Global Dynamics:
🌍 Europe & North America navigated minor contractions, but the Asia Pacific Africa region truly dazzled, boasting a 36% growth spurt. Intriguingly, this could've surged to 50% barring external influences. Along with China's commendable rebound, areas like India, the Pacific, and South Africa were driving this growth.
Romy's confidence was noticeable as she spoke about profitability. Amidst regional sales nuances, Jost Werke AG amplified its profitability. The result? An enviable adjusted EBIT growth of 16%, pushing the EBIT margin from a robust 10% to an impressive 11.3%. 👏
In concluding remarks, Romy unveiled a twofold increase in the company's free cash flow, now at €20 million, a testament to fine working capital management. 🌊
Looking into the future, Romy is optimistic. Though agriculture might face headwinds, her unwavering faith in the transport domain shines through. Eager for a deeper dive? Romy cordially invites all to explore further on the company website or through a direct chat with her.
This presentation not only marked Jost Werke AG's achievements but amplified its tenacity, adaptability, and forward-thinking approach, making it a prime deep research dive into this stock for global investors.
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Joachim Dürr,
seat11a.com JOST World JOST Brasil Sistemas Automotivos
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Strategic Advisory Head and Investor | Technology & Innovation
1moIt's encouraging to see improvements across all core metrics and the achievement of positive net income. This sets a strong foundation for the year and points towards EBITDA profitability. Looking forward to the strategic insights that will be shared at the Investor Day in June. Great momentum for sustainable growth!