Slide 1: Presentation of the third quarter of 2019
Presentation of the third quarter of 2019 5 November 2019
Slide 2: Today's Agenda and Presenters
Presentation of the third quarter of 2019 Today’s Agenda Today’s Presenters 1 Performance in Ratos company portfolio ▪ Jonas Wiström − Chief Executive Officer 2 Ratos financial position ▪ Peter Wallin − Chief Financial Officer 3 Summary third quarter ▪ Helene Gustafsson − Head of IR & Press 2
Slide 3: Highlights third quarter 2019
Highlights third quarter 2019 ▪ Net sales increased by 17% to 5,943 MSEK (5,071) − Organic growth 16% (FX-effects neutral) − Aibel, HENT and Diab main contributors − 10 of 12 companies showed organic growth ▪ EBITA increased to 302 MSEK (120) excl IFRS 16 − Improved EBITA in 10 of 12 companies − Res
Slide 4: Ratos organisation
Ratos organisation Construction & Consumer & Industry Services Technology Net sales, LTM 30 September (MSEK) 11,458 7,740 4,473 EBITA LTM 30 September (MSEK) 209 469 269 4
Slide 5: Business Area Construction & Services
Business Area Construction & Services ▪ Increased Net sales by 28% ▪ EBITA increased to 140 MSEK (111) due to Aibel and Speed Group Organic EBITA Q3 EBITA Q3 Company growth 2019 2018 Aibel +62% 73 52 airteam +2% 19 17 HENT +18% 38 37 Speed Group -8% 10 4 Construction & +27% 140 111 Services, Total M
Slide 6: Business Area Consumer & Technology
Business Area Consumer & Technology ▪ Increased Net sales by 4% ▪ EBITA increased to 48 MSEK (31), primarily due to Bisnode Organic EBITA Q3 EBITA Q3 Company growth 2019 2018 Bisnode +2% 80 72 Kvdbil +3% 10 8 Oase Outdoors +6% -7 -4 Plantasjen +6% -35 -45 Consumer & Technology, Total +4% 48 31 MSEK
Slide 7: Business Area Industry
Business Area Industry ▪ Increased Net sales by 12% ▪ EBITA increased to 114 MSEK (-22) primarily driven by Diab and HL Display Organic EBITA Q3 EBITA Q3 Company growth 2019 2018 Diab +27% 53 -58 HL Display +4% 39 21 LEDiL -2% 19 22 TFS +4% 3 -6 Industry, Total MSEK +12% 114 -22 7
Slide 8: Update on financial position
Update on financial position ▪ Improved cash flow from operations ▪ Indebtedness at status quo − Cash flow from operations impacts net debt positively − Cash flow from financing and currency translation impact net debt negatively − Sale of Ratos property improves cash position at Ratos ▪ Lowered gea
Slide 9: Summary third quarter 2019
Summary third quarter 2019 ▪ The company portfolio showed increased earnings and favourable growth ▪ Improved financial position ▪ Capital Markets Day 13 November 9
Slide 10: Thank you! Q&A
Thank you! O&A RATaS
Slide 11: Financial Calendar & Contact details
Financial Calendar & Contact details 13 November 2019 − Capital Markets Day 6 February 2020 − Year end Report 2019 Contact: Helene Gustafsson, Head of IR & Press, +46 70 868 40 50, helene.gustafsson@ratos.se 11