Sharenet Sites 
Sharenet Sites
Investor site visit and presentation
METAIR INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
Registration Number 1948/031013/06
Share Code: MTA
ISIN Number: ZAE000090692
(“Metair” or the “Company” or the “Metair Group”)
INVESTOR SITE VISIT AND PRESENTATION
Shareholders are advised that a site visit took place at Metair’s Mutlu Akü operations in Turkey on
Wednesday, 6 December 2017 and the Company will host an investor presentation on Thursday,
7 December 2017.
The purpose of the presentation is to provide investors with updated medium-term profit before interest
and taxation (“PBIT”) margin guidance of between 7% and 9% in respect of Metair’s Automotive
Component Vertical and to provide supplementary information relating to the strategy, financial and
operational information of the Company’s previously published results, covering, inter alia, the following:
• general strategic path disclosure, including impact and Metair response to disruptive technology;
• geographic revenue and margins;
• geographic volumes;
• local currency operating profit for Turkey (Mutlu Akü) and Romania (Rombat);
• invested capital disclosure per business vertical; and
• last twelve month financial and operational analyses.
Additionally, Metair wishes to advise shareholders of its first vehicle converted from Internal Combustion
Engine to a full electric vehicle (“EV”). The EV was produced in cooperation with PrimeMotors in
Romania and fitted with in-house Lithium Ion battery technology. The EV conversion showcases
Metair’s understanding and adaptation of disruptive technology.
A copy of the presentation is available on the Company’s website (www.metair.co.za). A summary of
the information to be presented, which is disclosed in further detail in the presentation, is detailed below.
Energy Storage Vertical
LTM LTM LTM LTM
Dec’15 Jun’16 Dec’16 Jun’17
Total revenue by operation (Auto and Industrial) – (R’m)
Mutlu Group 2 199 2 486 2 866 2 736
Rombat 988 1 180 1 271 1 203
First National Battery (“FNB”) 1 745 1 720 1 807 1 847
Total 4 932 5 386 5 944 5 786
Auto – Original Equipment (“OE”) revenue by operation – (R’m)
Mutlu Group 675
Rombat 358
FNB 199
Total 1 232
LTM – Last twelve month basis
LTM LTM LTM LTM
Dec’15 Jun’16 Dec’16 Jun’17
Auto - Aftermarket (local and export) revenue by operation – (R’m)
Mutlu Group 1 847
Rombat 964
FNB 1 004
Total 3 815
PBIT by operation – (R’m)
Mutlu Group 254 279 386 360
Rombat 41 67 94 97
FNB 227 196 88 103
Total 522 542 568 560
Local currency PBIT and margin
Mutlu Group PBIT – TRY (‘m) 54 57 79 82
Mutlu Group PBIT margin – TRY (%) 11.5% 11.3% 13.5% 12.6%
Rombat PBIT – LEI (‘m) 13 18 26 29
Rombat PBIT margin – LEI (%) 4.2% 5.5% 7.4% 8.1%
Total volumes by operation (units sold – Auto and Industrial) – (’m rounded)
Mutlu Group 3.2 3.4 3.7 3.8
Rombat 2.2 2.3 2.3 2.2
FNB 2.2 2.1 2.3 2.3
Total 7.6 7.8 8.3 8.3
Automotive volumes by operation and sales channel – (’m rounded)
Mutlu Group – OE 0.9 1.0 1.1 1.3
Mutlu Group – Aftermarket local 1.5 1.5 1.6 1.5
Mutlu Group – Aftermarket export 0.7 0.8 1.0 0.9
Rombat – OE 0.4 0.5 0.5 0.4
Rombat – Aftermarket local 0.4 0.4 0.5 0.5
Rombat – Aftermarket export 1.4 1.4 1.3 1.3
FNB – OE 0.5 0.5 0.5 0.5
FNB – Aftermarket local 1.1 1.1 1.1 1.0
FNB – Aftermarket export 0.3 0.3 0.3 0.3
Industrial volumes – (’m rounded)
Total industrial volumes 0.4 0.3 0.4 0.5
TRY – Turkish Lira
LEI – Romanian Lei
LTM – Last twelve month basis
Return on Invested Capital (ROIC)
LTM LTM LTM LTM
Dec’15 Jun’16 Dec’16 Jun’17
Metair Group 9.2% 9.8% 9.2% 11.6%
Automotive Components Vertical 28.4% 13.2% 16.2% 28.0%
Energy Storage Vertical 14.0% 14.0% 14.1% 14.7%
LTM – Last twelve month basis
Calculation as per Metair internal basis, defined in 2016 annual report
Invested Capital
LTM LTM LTM LTM
Dec’15 Jun’16 Dec’16 Jun’17
Metair Group – (R’m)
Automotive Components Vertical 894 1 253 1 088 1 080
Energy Storage Vertical 3 263 3 129 2 701 3 172
Other 1 830 1 285 2 982 2 867
Total 5 987 5 667 6 771 7 119
LTM – Last twelve month basis
Calculation as per Metair internal basis, defined in 2016 annual report
This announcement and the presentation should be read with and understood within the context of
Metair’s annual integrated report as well as previously published annual and interim results
presentations.
The financial information contained in this announcement and in the presentation has not been reviewed
or reported on by the Company’s external auditors and is the responsibility of the directors of Metair.
Johannesburg
7 December 2017
Sponsor
One Capital
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