ANNUAL GROUP REPORT 2020
DRIVINGGROWTH
JOST AT A GLANCE
Key figures
in €million
Consolidated sales
thereof: Sales, Europe thereof: Sales, North America thereof: Sales, Asia, Pacific and Africa (APA)
Adjusted EBITDA1
Adjusted EBITDA margin (%) Adjusted EBIT 1
Adjusted EBIT margin (%) Equity rao (%)
Net debt2
Leverage3, 9
Capex4 ROCE (%)5, 9
Cash conversion rate (%)6 Profit aſter taxes Earnings per share (in €) Proposed dividend (€ per share) Adjusted profit aſter taxes7 Adjusted earnings per share (in €)8
Change 7.9% 11.7% 6.5% -2.1% 1.9% -0.8%-points -4.7% -1.2%-points -12.9%-points 348.6% 335.2% 18.4% -6.2%-points -2.8%-points
-42.5%
-42.7%
-
-6.9%
-6.7%
¹ Adjustments for PPA effects and exceponals
² Interest bearing loans (excl. accrued financing costs) - liquid assets
³ Net debt/LTM adj. EBITDA
⁴ Gross presentaon (capex; without taking into account divestments)
⁵ LTM adj. EBIT/interest-bearing capital employed; interest-bearing capital: shareholders' equity + financial liabilies (except for refinancing costs) - liquid assets + provisions for pensions
⁶ (Adj. EBITDA - capex)/adj. EBITDA
⁷ Profit aſter taxes adjusted for exceponals in accordance with note 8
⁸ Adjusted profit aſter taxes/14,900,000 (number of shares as of December 31)
⁹ LTM figures for comparison purposes also include figures for Ålö before the January 31, 2020 acquision date
Sales by application 2020, in %
Sales by customer type 2020, in %
Emplyees by functions
2020 (2019)
Producon
TrailerTruckTractorAſtermarket (AM) and TradingOriginal Equipment (OE)
Sales
R & D
Administraon
Regional sales by destination 2020 (2019), in €million
Regional sales by origin 2020 (2019), in €millionOrganic sales development 2020, in €million, share in %
+23.9%
794.4
Europe 51% (51%) | Europe 61% (59%) | ||
North America 24% (23%) | North America 22% (22%) | Sales revenues | Sales revenues |
APA 25% (26%) | APA 17% (19%) | 2019 | 2020 |
DRIVING GROWTH
JOST is a leading global producer and supplier of safety-crical systems for the commercial vehicle industry with the core brands JOST, ROCKINGER, TRIDEC, Edbro and Quicke.
JOST's global leadership posion is driven by the strength of its brands, its long-standing client relaonships serviced through its global distribuon network as well as by its efficient and asset-light business model. With sales and producon facilies in 25 countries across five connents, JOST has direct access to all major truck, trailer and agricultural tractor manufacturers worldwide as well as relevant end customers in the commercial vehicle industry.
JOST currently employs more than 3,000 staff across the world.
The holding company JOST Werke AG has been listed on the Frankfurt Stock Exchange since July 20, 2017.
CONTENT
2 Interview with the Executive Board
25 Combined management report
6 Driving Growth
25 Fundamental information about the group
29 Report on economic
12 To our shareholders
position for 2020
12 Equity markets and share price performance
40 Report on opportunities and risks
49 Report on expected developments
14 Report of the Supervisory Board
51 JOST Werke AG (HGB -
18 Members of the Supervisory Board
German Commercial Code)
52 Corporate Governance
20 Sustainability
24 JOST worldwide
58 Consolidated financial statements
65 Notes to the consolidated financial statements
116 Responsibility statement
117 Independent auditor's report
124 Further information
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JOST Werke AG published this content on 25 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2021 07:04:03 UTC.