This presentation provides an overview of Inter Cars S.A., a Polish automotive parts distributor. It summarizes Inter Cars' performance over the past 12 years, including its position as #2 in the EU and #7 worldwide for automotive parts distribution. It also outlines Inter Cars' vision and mission through 2030 to build a comprehensive ecosystem for mobility and become a leader in every market segment. The presentation discusses trends driving growth opportunities and Inter Cars' focus on building synergies across its business segments.
ANALISIS SOAL SELIDIK TRANSFORMASI PERSATUAN PENTADBIR UiTMPersatuan Uitm
Objektif soal selidik ini dijalankan adalah untuk pengurusan PPUiTM melaksanakan penambahbaikan dalam mengurus dan mengendalikan pelbagai program untuk PPUiTM mencapai objektifnya.
http://ppuitm.uitm.edu.my/
MALAYSIA : KESEPADUAN DAN KEPELBAGAIAN
PENSYARAH : USTAZAH SUMAIYAH BINTI BAHRI
FAKULTI SENIBINA PERANCANGAN DAN UKUR
PEMBENTANG
1.NUR AUFA BINTI NAZRI
2.NURUL NADHIRAH BINTI ZULKEFLI
3.WAN NUR IZZATI BINTI WAN MOHD YUSLI
4. NUR FARAHAIN BINTI JAMAL
ANALISIS SOAL SELIDIK TRANSFORMASI PERSATUAN PENTADBIR UiTMPersatuan Uitm
Objektif soal selidik ini dijalankan adalah untuk pengurusan PPUiTM melaksanakan penambahbaikan dalam mengurus dan mengendalikan pelbagai program untuk PPUiTM mencapai objektifnya.
http://ppuitm.uitm.edu.my/
MALAYSIA : KESEPADUAN DAN KEPELBAGAIAN
PENSYARAH : USTAZAH SUMAIYAH BINTI BAHRI
FAKULTI SENIBINA PERANCANGAN DAN UKUR
PEMBENTANG
1.NUR AUFA BINTI NAZRI
2.NURUL NADHIRAH BINTI ZULKEFLI
3.WAN NUR IZZATI BINTI WAN MOHD YUSLI
4. NUR FARAHAIN BINTI JAMAL
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.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
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 in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
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 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
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
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. Our vision: 2021–2030
• 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 Automotive Market) in Europe.
4. Our mission: 2021–2030
• 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. Global trends create new growth opportunities for Inter Cars
Source: At the Crossroads: The European Aftermarket in 2030; BCG, Wolk, Clepa
7. We have been building a comprehensive
ecosystem for mobility times
OMNICHANNEL
Ground network on 18 markets
LOGISTIC
SEGMENTS OF MARKET
DISTRIBUTION NETWORK
CUSTOMERS DATABASE
WORKSHOPS DATABASE
SUPPLIERS DATABASE
FLEET / DRIVER
8. From individual segments we create a strong whole...
PV( Passenger Vehicle)
CV( Commercial Vehicle)
OFF HIGHWAY
VISUAL PARTS
TIRES
SYNERGY IN PARTS SALES FOR SUPPLIERS
BATTERIES
LUBRICANTS
GARAGE EQUIPMENT AND ACCESSORIES
MOTO
TUNING
MARINE
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.
9. INTER CARS performance during last 12 years
2
1
2
1
1
3
1
3
2 3
1
#2 in the EU #7 worldwide
#1in CEE trucks
parts
#1 in CEE
passenger cars
parts
18 countries
2
1
1 Countries, where Inter Cars has a brick and mortar distribution chain;
483.0 526.0
703.0
805.5
911.0
1 129.0
1 348.0
1 579.0
1 822.0
2 039.0 2 061.0
2 635.0
0.0
500.0
1,000.0
1,500.0
2,000.0
2,500.0
3,000.0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Sales EUR (no interco) mln
2
10. INTER CARS performance during last 3 years
IC is the largest organic growth network in Europe,
matching the largest companies created by M&A.
Company -
revenues in ths. EUR 2019 2020
Growth rate
2020/2019 2021
Growth rate
2021/2020
LKQ 5 213 445 4 797 329 -8,0% 5 103 046 6,4%
Inter Cars 2 039 149 2 060 787 1,1% 2 634 573 27,8%
GPC 1 985 584 2 112 617 6,4% 2 459 718 16,4%
IC do LKQ 39,1% 43,0% 51,6%
IC do GPC 102,7% 97,5% 107,1%
*data sources and reports:
- LKQ (Europe): US SEC, Form 8-K, Current Report, 17.02.2022, page 14 and Form 10-K, Annual Report, 25.02.2021, page 45.
- GPC (Europe-Automotive): US SEC, Form 10-K, Annual Report, 17.02.2022, page 50.
- exchange rates forUSD/EUR: year2019 0,89; year2020 0,88; year2021 0,85.
- exchange rates forEUR/PLN: year2019 4,30; year2020 4,44; year2021 4,57.
Company -
revenues in ths. EUR 2010 2020 2021
Growth rate
2021/2020
Inter Cars 57 000 419 000 558 700 33,3%
Winkler 269 000 450 000 500 000 11,1%
Europart 405 000 409 000 420 000 2,7%
* data forWinkleri Europart based on InterCars' estimates
#2 in the EU
#1 in the EU
trucks parts
11. Largest European listed auto parts distributor
with presence in 181 countries
Inter Cars at a glance
Leadership Position
in Europe
Attractive Financial
Profile
2007 – 2021
Sales CAGR 17,2%
Cash conversion2
2021
92%
550K
35 cover 50% of demand
585
19 561 300 000
registered in "routing platform"
Motointegrator
Regular customers
Branches
SKUs on stock
Suppliers
2021 Sales
PLN 12,2 bn
(€ 2,7 bn)
Equity
2021
PLN 3,1 bn
(€ 672 mln)
2007 - 2021
EBITDA CAGR
18,3%
#2 in the EU
#7 worldwide
#1
in CEE
truck parts
#1 in CEE
18 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
12. Bosnia and Herzegovina +41%
Croatia +25%
Italy +37%
Slovenia +49%
Poland +21%
Czech Republic +35%
Slovakia +28%
Latvia +33%
Estonia +44%
Serbia +233%
Greece +78%
Moldova +61%
Hungary +35%
Romania +17
Bulgaria +29%
Ukraine -11%
Lithuania +30%
+27%
PC, VAN
+22%
CV
LTM Mar 2022
Sales +32,5%
+10%
MOTO
+14%
GE, ACC.
PLN 12,93 bn
2
1
1
1
1
2
2
3
3
3
1
(€ 2,78 bn)
IC will gain a market share in all markets.
2
13. Track record of strong and sustainable top-line growth
232
272
251
370 360
393
462
638
1,039 1,050
6.6%
6.9%
5.2%
6.2%
5.2%
4.9%
5.3%
7.0%
8.5%
8.1%
2013 2014 2015 2016 2017 2018 2019 2020 2021 LTM
Mar
2022
EBITDA EBITDA margin
3,513 3,959
4,796
5,973
6,908
7,943
8,764
9,159
12,242
12,929
(0.3%)
1.4%
2.0%
1.9% 2.6%
1.9% 1.3%
(6.6%)
4.1%
2.7%
17.0%
12.7%
21.1%
24.6%
15.7% 15.0%
10.3%
4.5%
33.7%
32.5%
2013 2014 2015 2016 2017 2018 2019 2020 2021 LTM
Mar
2022
Sales EU GDP growth Sales 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 2013– LTM Mar 2022: 20,1%
CAGR 2013– LTM Mar 2022 17,1%
14. Share of sale and administration costs to revenue
10.0%
11.0%
12.0%
13.0%
14.0%
15.0%
16.0%
17.0%
Q1 Q2 Q3 Q4
2019 2020 2021 2022
16. Debt structure
Bank debt with variable interest rate: PLN 1 451 th
Other debt (finance lease): PLN 327 m
Maturity dates Current debt maturity dates: November 2022
Financial covenants *1
Equity Ratio is 43,6%
Net Debt to EBITDA is 1,45
Operating Profit of the Group to Interest Paid is 25,7
Financial liquidity Cash on balance sheet of PLN 255 m
Cash flows
2021 operating cash flow of PLN (130) m (215% lower than in previous year, mainly by ensuring
the availability of goods);
The increase of PLN 775 million in stock value was due to a purchasing strategy aimed at
ensuring the availability of goods from both European and Asian suppliers. This strategy was also
the result of supplier price increases announced for 2022.
Financial liquidity as at 31.03.2022
17. Experienced and commited Board of Directors
Market cap1: EUR 1,26 bn
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
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 August 6, 2021
Witold
Kmieciak
Alois
Ludwig
Management Board Advisors
Ownership structure
Shareholder % shares
Oleksowicz Family 26%
Andrzej Oliszewski 9%
AVIVA 13%
Nationale Nederlanden 11%
Others 41%
Founders
Founders
35%
We have built a company that is a leader in Central and Eastern Europe and a key player in the first league in Europe.
We have great growth prospects throughout Europe and additional growth from Central and Eastern Europe. We are focused on development and expansion. We are conquering the markets, we are not protecting the territory. IC is the largest organic growth network in Europe, matching the largest companies created by M&A.