This document provides an overview of Inter Cars S.A.'s plans for development and growth between 2021-2025. Key points include:
- Expanding e-commerce sales to new Western European markets in 2021, with a focus on logistics and finance innovations.
- Promoting the Motointegrator online garage search engine by launching in new Central/Eastern European markets and adding new features like online booking and mini e-shops.
- Migrating more countries to the new B2B e-Catalog sales platform, which currently processes over 3 million orders annually across 13 countries.
The professional recruitment market as a whole has continued the trend from the back end of last year by growing steadily in terms of absolute job numbers by between 5% and 12% so far this year; a good indicator of market sentiment.
We have also found in Q1 2015 versus the same period last year that firms are committed to hiring when they go to market, not just scoping out the possibilities. As you will see in our market breakdown of the legal sector, firms are now moving quickly to secure talent and are offering competitive packages up front to secure the best people.
The professional recruitment market as a whole has continued the trend from the back end of last year by growing steadily in terms of absolute job numbers by between 5% and 12% so far this year; a good indicator of market sentiment.
We have also found in Q1 2015 versus the same period last year that firms are committed to hiring when they go to market, not just scoping out the possibilities. As you will see in our market breakdown of the legal sector, firms are now moving quickly to secure talent and are offering competitive packages up front to secure the best people.
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Rail Vision is the leading provider of obstacle detection and classification systems in the railway industry. With the Company’s unique cognitive sensor fusion technology, based on advanced electro-optic sensors, artificial intelligence and deep learning, Rail Vision systems detect objects on and along the tracks from a distance of up to two kilometers – in real time – as well as in all weather and light conditions. Tailormade to meet every customer’s specific needs, the systems are available for Main Lines and Shunting Yards, as well as Light Rail Vehicles (LRVs) operating in urban environments. In addition, Rail Vision offers a range of optional complementary features based on collected and analyzed data: Image-based Navigation, GIS Mapping and Predictive Maintenance.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
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Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
2. This presentation (the "Presentation") has been prepared by Inter Cars S.A. with its seat in Warsaw, Poland (the "Company). This presentation should not be treated as a part of any an
invitation or offer to sell any securities, invest or deal in or a promotion or a solicitation of an offer to purchase any securities or recommendation to conclude any transaction, in particular with
respect to securities of the Company. The information contained in this Presentation is derived from publicly available sources which the Company believes are reliable, but the Company
does not make any representation as to its accuracy or completeness. The Company shall not be liable for the consequences of any decision made based on information included in this
Presentation. The information contained in this Presentation is, in any case, subject to changes and modifications. The recipients of this Presentation agree that they are subject to the
restrictions set out below and shall comply therewith.
ln no event may the content of this Presentation be construed as any type of explicit or implicit representation or warranty made by the Company or, its representatives. Likewise, neither the
Company nor any of its representatives shall be liable in any respect whatsoever (whether in negligence or otherwise) for any loss or damage that may arise from the use of this Presentation
or of any information contained herein or otherwise arising in connection with this Presentation.
The Company does not undertake to publish any updates, modifications or revisions of the information, data or statements contained herein should there be any change in the strategy or
intentions of the Company, or should facts or events occur that affect the Company's strategy or intentions, unless such reporting obligations arises under applicable laws and regulations.
This Presentation includes forward-looking statements. These statements contain the words "anticipate", "believe•, "intend", •estimate•, •expect" and words of similar meaning. All statements
other than statements of historical facts included in this Presentation, including, without limitation, those regarding the Company's financial position, business strategy, plans and objectives of
management for future operations (including development plans and objectives relating to the Company's products and services) are forward-looking statements. Such forward-looking
statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to be materially
different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions
regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. These forward-looking statements speak only as at the
date of the Presentation. the Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to
reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless otherwise required
by the applicable provisions of law. The Company cautions you that forward-looking statements are not guarantees of future performance and that its actual financial position, business
strategy, plans and objectives of management for future operations may differ materially from those made in or suggested by the forward-looking statements contained in this Presentation. In
addition, even if the Company's financial position, business strategy, plans and objectives of management for future operations are consistent with the forward-looking statements contained
in the Presentation, those results or developments may not be indicative of results or developments in future periods. The Company does not undertake any obligation to review or confirm or
to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this Presentation.
This Presentation contains certain market information. Unless attributed exclusively to another source, such market information has been calculated based on data provided by third-party
sources identified herein and includes estimates, assessments, adjustments and judgments that are based on the Company's experience and familiarity with the sector in which the Company
operates. Because such market information has been prepared in part based upon estimates. assessments, adjustments and judgments and not verified by an independent third party, such
market information is, unless otherwise attributed to a third-party source, to a certain degree subjective. While it is believed that such estimates, assessments, adjustments and judgments are
reasonable and that the market information prepared is appropriately reflective of the sector and the markets in which the Company operates, there is no assurance that such estimates,
assessments and judgments are the most appropriate for making determinations relating to market information or that market information prepared by other sources will not differ materially
from the market information included herein.
3. • We are a stable, ambitious and innovative company and
remember the importance of building customer loyalty, long-term
relationships with our partners and optimizing existing processes.
• We develop core-business in the field of product offerings,
logistics of distribution networks based on unique knowledge, in
these areas. We care about responsible business development in
accordance with the motto "Sustainable automotive, for people
and climate".
• We build an environment of motivated people, employees-friendly
companies, business partners, where people are engaged and
care about the company as their own. We want to be in the TOP
10 companies where people want to work.
• Our stakeholders see the company as profitable and growing
faster than the competition. We are in the top 3 companies IAM
(Independent Parts Market) in Europe.
Our vision: 2021–2025
4. Our mission: 2021–2025
• Our customers see us as a leader in every segment in every market that is customer-friendly
(pro-client) regardless of their size or specializations.
• We invest in development to provide innovative and comprehensive solutions for workshops and
drivers. We offer safe and predictable cooperation for joint development.
• We are a guide leading customers through the process of dynamic changes in the IAM market,
in particular when zero-emission vehicles come into force.
• Our internal processes are characterized by flexibility and rapid response to changes in the
environment. We invest in the development of the company, making decisions through the prism of
goals and values, based on data.
5. Inter Cars uses its scale of operation and at the same time is organized in smaller,
specialized business segments, thus acting agile and flexibly, able to compete
with smaller companies.
Our strategy: 2021–2025
6. In 2021 we see opportunity
in breakthrough innovation in:
Logistics – last mile (better service, we will save money)
Finance – shared service centre (better customer service, lower costs)
Sales
• sales in subsequent markets in the e-commerce model, development of service
search and workshops,
• implementation of further segments in markets with a stabilized structure, taking
advantage of market opportunities in selected countries
Marketing – detailed customer segmentation and tailor-made offer.
New business models – finding partners or companies
to develop new business
models together
7. * Source: ec.europa.eu/Eurostat 2018
Plans for development in 2021
Motointegrator is an online shop belonging to Cleverlog-Autoteile
GmbH, German subsidiary of Inter Cars SA.
Cleverlog-Autoteile GmbH company is responsible for online
sales in Germany and other western European countries.
We activate and promote e-commerce in PL for products which
do not interfere with garage channel (Tools, Accessories, Tunning,
Marine, selected categories of parts for PKW, Agro, …)
Online
Online
Online
2021
2021
2021
2021
2021
Germany
Austria
France
Netherlands
Denmark
Sweden
Finland
2021
Belgium
~ 159 M people
~ 87 M cars*
~ 97 M people
~ 42 M cars*
Spain
2020 sales + 39%
8. Motointegrator.com - service and garage search engine.
Motointegrator is active in 8 markets: Poland, Croatia, Bulgaria, Lithuania, Romania,
Hungary, Bosnia and Herzegovina, Slovenia.
In 2021r. we plan to launch in the following markets: Latvia, Estonia, Czech Republic,
Slovakia among others.
There are almost 15 000 garages in Europe, of which 10 090 in Poland, using
motointegrator.com. The greatest increase in customer base in 2021 is expected to
take place outside Poland.
The average of 250 garages per month would join Motointegrator within the last 12
months.
The global number of service users reached 5,8 million in 2020, which shows increase
of 7% compared to the previous year.
Promoting and further development of service and
garage search engine
Plans for search engine development in 2021:
1. Automotive promotions – Motointegrator.com will become the centre of
automotive promotions organized by Inter Cars` Partners, car workshops and
service networks.
2. Mini e-shop – online app will be complemented by car parts offer that
garages will be able to publish on their sites within motointegrator.com
3. Booking online – development, modernisation and automation of current
feature for setting appointments in garages.
9. e-Catalog is more than just a catalog …
The new B2B sale platform has already been successfully implemented in 13 countries (over 50% orders), and in other countiries we
are in the process of users' migration .
• Currently, through the platform, we receive orders for about 3 million "order lines" monthly by means of all types of
devices (desktop/mobile regardless of operating system)
• 3 weeks ago we have started the production of the platform in PL for now as a mobile version of IC Catalog
This tool is not only the product catalog, where we have greatly improved search capabilities, but it is also integrated with data
related to repair and car overview, graphic search, VIN decoder and in some countries search by registration numbers.
This tool can be integrated with supplier
platforms, additional data provided by
suppliers (e.g. graphic search, etc.), has
the ability to create visual configurators
for specific assortment and to share
information on vendor inventory.
10. e-Catalog is more than just a catalog …
It is an ideal place for product promotion
– we shall send you more information soon
Home page – slider with banners, button with special offers,
recommended manufacturers and products, news from IC world.
Dedicated search engine, as e.g. „tyres” – recommended
manufacturers and products, suggested thematic articles to read (can
be sponsored).
Sites with product listings – possibility to set a so-called „hero” for
manufacturers and products which will always take top position in the
given assortment category, just like promoted products always appear
first.
Recommended products – as additional sale before order dispatch
11. Zangażowanie w ochronę środowiska – Bio Service
IT SYSTEMS – 3PL:
• Fixing the general requirements
• Fixing the processes for inbound,
storing, order processing, outbound
and inventory management
• ILS WMS and customer ERP as
numerical twins
• IT availability/security
• Hardware equipment
• Changes to IT systems / processes
• Reached SLA: 99,9% availibility
ILS – flexible and cooperative ILS – quality oriented ILS – responding to the needs
3PL – services for customers
PERFORMANCE / KPI:
• Data relevant to volumes from inbound
to final delivery including storage,
picking and loading
• Inventory data – including goods
movements, stock and reconciliation
• Data ref. process performance, vehicles
loaded, dispatches, process times
• Customer service levels - picking
accuracy
• Warehouse operations reporting
Real data:
99,8% - order on time
99,8% - stock accuracy
0,2% - claimed ord. lines
QUALITY MEASURES
• Regular checks to determine pallet
and product quality
• Documentation of corrective actions
• Organization of quality management
• Process design and validation
• Evidence of regular validation of
critical processes
• Handling of complaints
13. We have been building a comprehensive ecosystem for many years
WORKSHOPS DATABASE
CUSTOMERS DATABASE
FLEET / RETAIL / DRIVER
DISTRIBUTION NETWORK
SUPPLIERS DATABASE
SEGMENTS OF MARKET
LOGISTIC
OMNICHANNEL
14. From individual
segments we create
a strong whole...
o PKW
o LKW
o VISUAL PARTS
o TYRES
o BATTERIES
o LUBRICANTS
o GARAGE EQUIPMENT AND
ACCESSORIES
o MOTO
o TUNING
o MARINE
SYNERGY IN PARTS PURCHASE
FOR SUPPLIERS
15. 5,21
2,04 1,99 1,8 1.7
1,13 0,9 0.7
1,13
LKQ Europe Inter Cars GPC Parts Holding Europe WM Mekonomen SAG Inter Sprints
Largest European listed auto parts distributor and undisputed
leader in Poland
(€bn)
Source: Corporate information; McKinsey; Inter Cars estimates
Note: 2019 sales; 1 AM–After Market=€150bn, including mechanical parts, tires, lubricants, garage equipment; 2 Latest available financials as per McKinsey Aftermarket report (June 2019) 3 Net sales, GPC2019 Annual Report, page 77;
8 players sales €13.5bn 9%
market share in AM1
Snapshot of the European competitive landscape
€92bn
European IAM estimated market size
60%
Share of independents
€23bn
CEE IAM estimated market size
3
2
2
16. Bosnia and Herzegovina +44%
Croatia +18%
Italy +34%
Slovenia +52%
Poland +27%
Czech Republic +28%
Slovakia +15%
Latvia +37%
Estonia +29%
Serbia, 7 mln PLN
Greece +153%
Moldova +76%
Hungary +17%
Romania +36%
Bulgaria +59%
Ukraine +15%
Lithuania +25%
Product Market for PKW, VAN, LKW, GE, Moto
+26%
PKW,VAN
+35%
LKW
1Q2021 Sales
+30,8%
+7%
MOTO
+24%
GE, ACC.
PLN 2,6 bn
17. Strategy for Supply Chain Optimization
SUPPLIER INTER CARS
PARTNERSHIP IN
BUSINESS
TIME
SAVINGS
YIELD
DISTRIBUTION
ENVIRONMENTAL
PROTECTION
18. Being aware of the need to protect our planet from environmental degradation, and thus the necessity to
step up efforts to meet the requirements in this field, Inter Cars SA together with Partslife set up Partslife
International PL, which conducts the following programs in cooperation with BIO Service:
• organizes a comprehensive garage waste collection;
• more than 3 216 contracts with customers were signed;
• supports workshops and other companies;
• BS BIO simple and comprehensive program to communicate and operate
waste management;
• dedicated environmental law services, service and reporting in BDO;
• cooperates with eight Logistics Operators, who receive garage waste from
customers;
• conducting training for car workshops;
• carrying out energy audits.
Commitment to environmental protection
– Bio Service
19. Largest European listed auto parts distributor
with presence in 171 countries
Inter Cars at a glance
Leadership Position
in Europe
Attractive Financial
Profile
2007–1Q2021
Sales CAGR 16,3%
Cash conversion2
1Q2021
72%
350K
1 000
559
14 582 300 000
Affiliated garages Regular customers
Branches
SKUs
Suppliers
LTM Mar -2021
Sales
PLN 9,8 bn
(€ 2,1 bn)
Equity
1Q2021
PLN 2,5 bn
(€ 541 mln)
2007- LTM Mar 2021
EBITDA CAGR
16,4%
#2 in the EU
#8 worldwide
#1 in CEE trucks
#1 in CEE
passenger cars
17 countries
1
Source: Corporate information. Note: Financials converted at EUR/PLN = 0.2146
1 Countries, where Inter Cars has a brick and mortar distribution chain; 2 Cash conversion defined as (EBITDA – capex) / EBITDA
20. 99 103
150 151
195 186
232
272
251
370 360
393
462
638
740
7.5%
5.9%
7.3%
6.2%
7.1%
6.2%
6.6%
6.9%
5.2%
6.2%
5.2%
4.9%
5.3%
7,0%
7.6%
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 LTM
Mar
2021
EBITDA EBITDA margin
1,327 1,738 2,066
2,413 2,765
3,003
3,513
3,959
4,796
5,973
6,908
7,943
8,764
9 159
9,761
3.1%
0.4%
(4.4%)
2.2% 1.7% (0.9%)
(0.3%)
1.4% 2.0% 1.9% 2.6% 1.9% 1.3%
(6,6%)
4.1%*
31.0%
18.9%
16.8%
14.6%
8.6%
17.0%
12.7%
21.1%
24.6%
15.7%15.0%
10.3%
4,5%
6.6%
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 LTM
Mar
2021
Sales EU GDP growth Sales growth
Track record of strong and sustainable top-line growth
Proven track record of above market, through the cycle organic growth
Continued market share gains in core markets
Consolidated customer base ensuring recurrent sales
One-stop shop company in a low margin business vs. Western Europe
Historical focus on volume growth and cementing market leadership
positioning
Historical sales (PLNmm) Historical EBITDA (PLNmm)
Source: Corporate information, WOOD Research, World Development Indicators
*estimations
CAGR 2007– LTM Mar 2021: 16,4%
CAGR 2007– LTM Mar 2021 16,3%
24. Financial liquidity as at 31.03.2021
Debt structure
Bank debt with variable interest rate: PLN 983 th
Other debt (finance lease): PLN 301 m
Maturity dates Current debt maturity dates: November 2021
Financial covenants *1
Equity Ratio is 46,7%
Net Debt to EBITDA is 1,4
Operating Profit of the Group to Interest Paid is 16,5
Financial liquidity Cash on balance sheet of PLN 259 m
Cash flows
1Q2021 operating cash flow of PLN 114m (17% lower than in previous year, mainly by ensuring
availability of goods and increasing of trade receivables );
COVID-19 activities
Reduction of capital expenditure by over PLN 53 mi compared to 2020; only critical and strategic
programmes are prioritised; capital expenditure of PLN 75 m (down 41% yty)
Alignment of replenishment ratios in each segment to reflect the forecasted demand
Active monitoring of customer receivables
Reduction of operating costs, suspension of projects (cancellation or postponement until further
notice)
25. Experienced and commited Board of Directors
Management Board Ownership structure
Market cap1: PLN 5.4 bn
Shareholder % shares
Oleksowicz Family 26%
Andrzej Oliszewski 9%
AVIVA 13%
National Nederlanden 10%
Immersion Capital 5%
Others 37%
Maciej
Oleksowicz
President of the
Management
Board
Krzysztof
Oleksowicz
Founder of the
Inter Cars
Krzysztof
Soszyński
Vice-President of
the Management
Board
Piotr
Zamora
Chief Financial
Officer, Board
Member
Wojciech
Twaróg
Board
Member
Founders
Focused on creating value
and improve profitability over the
long term
Presence of active shareholders in
the board supports orientation to
sustainable organic growth
Fast decision-making and prudent
approach to financial policy
Source: Corporate information
1 As of May 31, 2021
Prawda jest taka, że wyjściowo stanowiło to całość, ale dla celów logiki ekonomicznej, rozłączyliśmy te elementy tworząc segmenty
Warto do nowego modelu biznesowego określić budżet
W 2020 roku aplikacja przeszła gruntowną przebudowę techniczną i wizualną. Efektem tego jest nowoczesny wygląd oraz bardzo znaczący wzrost szybkości działania aplikacji (desktop: >90, mobile: >65 w narzędziu Page Speed). Sprawia to, że jest w pełni przygotowana na planowaną na maj aktualizację algorytmu Google, która podnosi znaczenie podstawowych wskaźników internetowych (Core Web Vitals).
Z jednego worka zrobiliśmy poszczególne segmenty; widzimy, czy na tym zarabiamy; docieramy z wiedzą do Klienta; budujemy z jednej strony kompetencje sprzedażowe; z drugiej strony budujemy wolumeny; jest to gigantyczna różnica od strony logistycznej.
Key theme: Inter Cars is a leader in the auto parts industry in Europe
It is the second largest player by sales, the largest listed player and the undisputed leader in Poland
In a fragmented industry where presence is key, Inter Cars has been able to become the largest player in the CEE
Dla fabryk, które pracują na AM, ale dla fabryk na OE można to realizować w preselekcji.
9 mld przychodów, zysk 333 mln i dług netto/EBITDA 1.7. I to tyle,
Key theme: Inter Cars has delivered a continued and resilient double digit growth both in sales and EBITDA since 2007
With respect to sales:
Proven track record of resilient organic growth, outperforming GDP and the economic cycle
Resiliency achieved on the back of a consolidated customer base, underpinned by continued market share gains following a one-stop shop strategy
With respect to EBITDA:
Inter Cars is the market leader in the CEE, where margins are structurally lower compared to Western Europe
The recent decline in margins is partially explained by the historical focus on volume growth to gain market share, with less profitable clients driving part of the revenue growth
The company has also been affected by its product mix, with a higher YoY share in revenue of products with lower profitability
Komentarz do zmian w OFE. Zakończenie procesu sukcesji.