JOST Werke SE (XTER:JST)
€ 57.7 -0.50 (-0.86%) Market Cap: 945.70 Mil Enterprise Value: 1.29 Bil PE Ratio: 0 PB Ratio: 2.13 GF Score: 82/100

Q4 2024 Jost Werke SE Earnings Call Transcript

Mar 26, 2025 / 10:00 AM GMT
Release Date Price: €55.1 (+5.56%)

Key Points

Positve
  • JOST Werke SE (XTER:JST) successfully signed new OEM customer contracts in agriculture and construction, gaining market share.
  • The company significantly improved its carbon footprint by reducing CO2 emissions by 58% compared to 2020.
  • Strategic investments in R&D with Autonomy Group and Stratodynamics have positioned JOST Werke SE to access pioneering technology in transport.
  • The acquisition of FIA Group marks an important step in expanding into off-highway markets, enhancing resilience and profitability.
  • Despite a challenging market environment, JOST Werke SE maintained a healthy EBIT margin of 10.6%.
Negative
  • Sales declined by 14.4% compared to 2023, with a significant market downturn in transport affecting numbers.
  • Adjusted EBIT was down 19.8% from the previous year, reflecting the challenging market conditions.
  • The organic sales decline was 18%, driven by a 19% decline in the transport sector.
  • Earnings per share declined by 16% to €5.20, indicating pressure on profitability.
  • The European region faced an organic sales decline of 18%, with truck demand down by 24% and trailers down by 5%.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

JST.DE - Jost Werke SE
Q4 2024 Jost Werke SE Earnings Call
Mar 26, 2025 / 10:00AM GMT

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Presentation
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Unidentified_1 [1]
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Yeah, thank you very much and a warm welcome here from the Eenburg to our 2024 earnings conference.

We're happy to inform you about our performance in the year 2024, a year that has been, weak in the market environment, but that the US has used very well to further develop the company. So here's some of the highlights. We have developed our strategy and presented our midterm targets, which we call Ambition 2030 at the Capital Markets Day in September of last year. We have signed the acquisition of FIA Group in October 2024, taking a first important step for this growth strategy into the off-highway markets and segments.

We were able to sign new OEM customer contracts in our agriculture and construction business, gaining the market
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