Slide 1: Telephone conference
Telephone conference CEO Susanna Campbell 10 May 2016
Slide 2: Growth and weak earnings at the beginning of the year
Growth and weak earnings at the beginning of the year ▪ Positive sales trend ▪ Expected weak start by individual companies ▪ Profit/share of profits from companies SEK 14m (160), due to changed company portfolio ▪ Agreement signed for the acquisition of Danish company airteam ▪ Continued strong fina
Slide 3: Changed company portfolio with growth potential
Changed company portfolio with growth potential Sales breakdown by segment*, at 31 March 2016 Net sales trend* at 31 March 2016 (Local currency) Healthcare/Life % Science Real estate 3% 1% 60 Business services 50 9% Construction 25% 40 30 20 Energy 13% 10 0 -10 -20 Technology, Media, Telecom Industr
Slide 4: Varied market situation
Varied market situation ▪ Unchanged and generally stable market situation in existing portfolio ▪ Development impacted by weak Norwegian krone ▪ Slowdown in demand in Asia ▪ Attractive segment with strong structural growth +5% Sales growth * Adjusted for the size of Ratos’s holding. 2016-05-10 4
Slide 5: Focus on long-term value creation
Focus on long-term value creation ▪ Restructuring and layoffs to boost competitiveness ▪ Focus on improved production efficiency in several companies ▪ Growth initiatives through geographic expansion and product development * Adjusted for the size of Ratos’s holding. 2016-05-10 5
Slide 6: Performance by the companies Q1 2016
Performance by the companies1) Q1 2016 100% Ratos ’ s share Sales +5% +5% EBITA -29% -27% Adjusted EBITA2) -13% -14% 1) Comparison with corresponding period last year and for comparable units. 2) Excluding items affecting comparability. 2016-05-10 6
Slide 7: Company overview – development status
Company overview – development status GOOD DEVELOPMENT DEVIATIONS CHALLENGES ArcusGruppen Aibel MID CAP DIAB Bisnode HENT HL Display KVD Ledil Mobile Climate Control Nebula 67% Share of adjusted EBITA 29% Share of adjusted EBITA SMALL CAP airteam* Biolin Scientific AH Industries Serena Properties Eu
Slide 8: Company overview – development status
Company overview – development status GOOD DEVELOPMENT DEVIATIONS CHALLENGES Sales +20% Sales -1% MID CAP EBITA +24% EBITA -51% Adj. EBITA +29% Adj. EBITA -9% Adj. EBITA margin +6.3% (5.9) Adj. EBITA margin +4.7% (5.2) 67% Share of adjusted EBITA 29% Share of adjusted EBITA SMALL CAP Sales +18% Sale
Slide 9: Cautious start in transaction markets
Cautious start in transaction markets ▪ Low level of activity at the start of the year and volatile stock market ▪ Increased level of transaction activity gradually ▪ Continued good access to bank financing ▪ Strong financial position ▪ Extra emphasis on acquisition activities 2016-05-10 9
Slide 10: Acquisition of Danish ventilation company airteam
Acquisition of Danish ventilation company airteam ▪ Acquisition completed in April – EV DKK 575m Facts about airteam (100%) Sales 2014/15 DKK 448m ▪ The growth company airteam offers installation EBITA 2014/15 DKK 62m of high-quality, effective ventilation solutions in No. of employees 150 Denmark R
Slide 11: Unchanged view of 2016
Unchanged view of 2016 ▪ Stable, but shifting market development ▪ Strong transaction market ▪ Unchanged cautiously positive view for the full year ▪ Changing portfolio 2016-05-10 11
Slide 12: 150 years of entrepreneurship, operational development and community involvement
150 years of entrepreneurship, operational development and community involvement