14.06.2023 Wacker Neuson SE  DE000WACK012

EQS-News: Wacker Neuson Group strives for significant revenue growth with “Strategy 2030”


EQS-News: Wacker Neuson SE / Key word(s): Strategic Company Decision
Wacker Neuson Group strives for significant revenue growth with “Strategy 2030”

14.06.2023 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

Wacker Neuson Group strives for significant revenue growth with “Strategy 2030”

  • New Strategy 2030 builds on successful fiscal 2022
  • Revenue growth to 4 billion euros by 2030 with sustainable EBIT margin expansion to over 11 percent intended
  • "10 Strategic Levers" as the Core of Strategy Implementation

Munich, June 14, 2023 - Following a successful fiscal 2022, the Wacker Neuson Group, a leading manufacturer of light and compact equipment, today unveiled its new corporate strategy. With this "Strategy 2030", the company expects to continue its growth trajectory of recent years and significantly increase revenue and earnings in the long term.

Group sales are expected to grow to 4 billion euros by 2030, compared to 2.25 billion euros in the previous fiscal year 2022. In parallel, the EBIT margin is expected to increase from 9.0 percent in 2022 to sustainably over 11 percent in the coming years. The targeted net working capital ratio of less than 30 percent strikes the right balance between operational resilience, taking into account difficult global supply chains, and generating free cash flow for sustainable growth.

"With our Strategy 2030, we are showing our investors how the Wacker Neuson Group shall grow in the coming years. It is based on ten strategic levers that also make the individual steps in the implementation of our strategy clearly comprehensible," emphasizes Dr. Karl Tragl, CEO of the Wacker Neuson Group. "This is how we are continuing to write our growth story, even in times of economic and political uncertainty. A high degree of innovativeness, our strong global presence and our broad-based customer structures give us the backing we need to achieve this. At the same time, our special product mix makes the Wacker Neuson Group less vulnerable to economic cycles in our target industries."

The prospective expansion of Group revenue to EUR 4 billion in the long term is based on current market scenarios and a compound annual growth rate (CAGR) of 8 percent, which corresponds to the average growth of the company in recent years. Only organic growth drivers were included in the strategic scenarios. However, the company considers itself well positioned for attractive acquisition opportunities in the coming years and will take advantage of these at any time. The outlined increase in EBIT margin to over 11 percent is based, among other things, on the successful continuation of efficiency measures that have already led to a tangible improvement in earnings margins in recent quarters. Accordingly, the Executive Board is confident that it will be able to establish the targeted EBIT margin level of 11 percent before 2030.

In order to clearly structure the individual steps in the implementation of the new corporate strategy, Strategy 2030 is based on ten strategic levers. They describe milestones of the growth prospects resulting from the market position, the innovative product portfolio, regional expansion opportunities, digitalization and efficiency gains, but also from aspects of sustainability and the retention and further development of employees.

These ten levers of organic growth in the coming years include, for example, expanding the market position as a leading company in the field of soil and concrete compaction (Light Equipment). By 2025, the main aim is to further expand market share in rammers, plates and trench rollers as well as in concrete compaction with internal and external vibrators. To achieve this, the Wacker Neuson Group is focusing on organic growth initiatives, the launch of new products, growth in the spare parts market, reducing production costs and gaining special customer benefits by aiming to establish a common standard for batteries in construction site operations with other major manufacturers ("Battery ONE").

Another lever is the "zero emission" product range, where the Wacker Neuson Group aims to expand its pioneering role in the development of zero-emission construction equipment to a triple-digit million figure by 2025. Furthermore, revenue generated by the Aftermarket & Services segment is set to increase significantly. In this context, growth in the spare parts and services business is to contribute to increasing the Group's overall profitability. This improved penetration of the aftermarket is to be secured through tailored measures in each individual relevant business unit.

At regional level, strategic levers are aimed at further expansion in the Americas region. Here, Wacker Neuson is aiming to significantly increase the region's percentage share of Group revenue by 2030. The focus here is on creating a balanced sales channel mix between independent dealers, authorized dealers and key accounts, while simultaneously optimizing the product and production portfolio. In addition, the cooperation with John Deere in particular, with an OEM supply contract for mini and compact excavators, is expected to contribute to growth in the region once the ramp-up has been completed. The percentage of Group revenue accounted for by the Asia-Pacific region is also expected to increase significantly by 2030. Here, the company will continue on its already successful path and expand its product range adapted to the region. Despite intense competition in the local Chinese market itself, the Wacker Neuson Group benefits from the attractive cost structures of its production site in China. With the Chinese plant acting as a production hub for the region, the company is clearly benefiting from rising demand in technically less regulated markets such as Africa or Australia.  

At the same time, the Wacker Neuson Group believes it is well positioned to achieve further efficiency gains in production. For example, a new, state-of-the-art steel plant was opened at the production site in Serbia in 2022 as the first expansion step and the next stage of expansion has already begun. Furthermore, the business units are increasingly succeeding in coping with the problems of the current economic environment.

An integral part of the Strategy 2030 is also the company's sustainability strategy. To date, the Wacker Neuson Group has already taken numerous steps to significantly reduce the company's carbon footprint. By 2025, CO2 emissions (Scope 1 & 2) are to be cut by around 50 percent compared with 2019, for example by switching to green electricity, reducing internal fleet emissions and installing photovoltaic systems.

The Executive Board will provide further details on Strategy 2030 today at 1:00 p.m. CEST as part of a webcast for analysts, institutional investors and members of the press. To register for this, please send an e-mail to the Investor Relations department ([email protected]).


Wacker Neuson SE
Ingo Middelmenne
Investor Relations
Preußenstraße 41
80809 Munich
Phone +49-(0)89-35402-427
Mobile +49-(0)174-9091190
[email protected]

About the Wacker Neuson Group:

The Wacker Neuson Group is an international group of companies with around 6,300 employees. In fiscal 2022, revenue totaled EUR 2.25 billion. As a leading manufacturer of light and compact equipment, the Group offers its customers around the world a broad product portfolio, comprehensive service offerings and an efficient spare parts supply. The product range is primarily aimed at customers in the main construction, gardening and landscaping, agricultural, municipal and recycling sectors, as well as rail operators and industrial companies. The Group owns the Wacker Neuson, Kramer and Weidemann product brands. Wacker Neuson SE shares are traded on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (ISIN: DE000WACK012, WKN: WACK01) and are listed on Deutsche Börse's SDAX index.

14.06.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Wacker Neuson SE
Preußenstr. 41
80809 München
Phone: +49 - (0)89 - 354 02 - 0
Fax: +49 (0)89 354 02 - 298
E-mail: [email protected]
Internet: www.wackerneusongroup.com
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1656315

End of News EQS News Service

1656315  14.06.2023 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022
Umsatzerlöse1 1.361,44 1.539,90 1.701,00 1.901,10 1.615,50 1.866,20 2.252,40
EBITDA1,2 157,40 207,20 239,40 257,40 204,60 313,50 322,00
EBITDA-Marge3 11,56 13,46 14,07 13,54 12,66 16,80 14,30
EBIT1,4 88,11 131,40 162,30 153,10 75,50 193,00 201,80
EBIT-Marge5 6,47 8,53 9,54 8,05 4,67 10,34 8,96
Jahresüberschuss1 57,24 87,50 144,60 88,50 14,10 137,90 142,60
Netto-Marge6 4,20 5,68 8,50 4,66 0,87 7,39 6,33
Cashflow1,7 131,07 138,00 -15,50 -20,90 405,00 331,70 -6,40
Ergebnis je Aktie8 0,81 1,25 2,06 1,26 0,20 1,99 2,10
Dividende8 0,50 0,60 1,10 0,00 0,60 0,90 1,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Mazars

Wacker Neuson
WKN Kurs in € Einschätzung Börsenwert in Mio. €
WACK01 16,980 Kaufen 1.190,98
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,32 13,41 0,68 14,93
0,84 - 0,53 4,54
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
1,00 1,00 5,89 15.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 13.08.2024 09.11.2023 26.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-7,36% -16,45% 3,92% 0,35%
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