Troax Group Ab Class A · OMXSTO:TROAX
Troax Group Ab Class A — Q1 2021 Earnings Presentation
25 slides from Troax Group Ab Class A's earnings presentation, Apr 26, 2021
Slide 1: Troax Group AB First Quarter 2021 Presentation
THIS IS TROAX TROAX GROUP AB (publ) FIRST QUARTER 2021 PRESENTATION APRIL 26, 2021
Slide 2: On Solid Ground
ON SOLID-GROUND
Slide 3: % % %
14 % 21 % 65 %
Slide 4: 14% 21% 65%
14% 21% 65%
Slide 5: 14% 21% 65%
14% 21% 65%
Slide 6: Automated Warehouse
Slide 7: Orders received, Net sales, Operating profit
THIS IS TROAX 2020 EUR MILLION 2020 YEAR ON YEAR CHANGE Orders received 178.4 +6% Net sales 163.6 -3% Operating profit 30.8 -6% Operating margin 18.8% -0.8% Earnings per share (EUR) 0.39 -5% Dividend per share 0.20 +100%
Slide 8: Global market leader of indoor perimeter protection
THIS IS TROAX • Troax is the global market leader of indoor perimeters protection (”mesh panel solutions”) • Relative market share is -2.5x larger than #2 player • Local presence in 42 countries • Troax had a sales CAGR 2011-2020 of 11.6% and an organic sales CAGR 2011-2020 of 8.3% • Strong position
Slide 9: Financial targets
THIS IS TROAX Actuals Financial targets 2020 YTD Sales “Troax’ objective is to exceed the growth in the >Market Organic: growth Company’s current markets through organic growth, growth - 4% as well as selective acquisitions” Sales growth M&A: 1% “Troax’ target is to have an operating margin 20% 18,8
Slide 10: Q1 continued with a good order trend
• Q1 continued with a good order trend, similar to the development in Q4 THIS IS TROAX 2020. The main explanation for this is the continued strong development from customers within Automated Warehouses. • A good EBIT result and margin in Q1 2021 was recorded compared to LY, despite some negative eff
Slide 11: Financial highlights, Group
THIS IS TROAK FINANCIAL HIGHLIGHTS, GROUP 3 Months 3Months 12Months 12Months 12 Months Jan-Mar Jan-Mar Jan-Dec Jan-Dec| Apr-Mar MEUR 2021 2020 2020 2019 2020/2021 Order intake 64.5 446 178.4 168.1 198,3 Sales 54,7 408 163.6 168,0 475 Gross profit 21,6 15,3, 64.2 67.1 70,5 Gross margin, % 39,5 37.5 3
Slide 12: Order intake and sales by region
THIS IS TROAX 3 Months 3 Months 12 Months 12 Months 12 Months Order intake Jan-Mar Jan-Mar Jan-Dec Jan-Dec Apr-Mar MEUR 2021 2020 Diff 2020 2019 Diff 2020/2021 Continental Europe 24,8 22,3 11% 81,0 90,6 -11% 83,5 Nordic region 7,4 6,9 7% 26,2 26,1 0% 26,7 United Kingdom 9,3 6,7 39% 24,1 19,4 24% 26,
Slide 13: Several main orders received in Q1 2021
• We have received several main orders in the first quarter of 2021. THIS IS TROAX This refers mainly to customers within Automated Warehouse. • Stable development in result reflecting both order levels in Q1, but also turning orders from Q4 2020 in to revenue. • A continued low demand från the auto
Slide 14: Market drivers
THIS IS TROAX • Increased industrial automation • On-shoring of manufacturing • Growth in e-commerce • Safety awareness • Stricter regulation • Residential construction and safe storage
Slide 15: Total market somewhat decreasing in 2020
THIS IS TROAX We expect that the total market has somewhat been decreasing in size during 2020.
Slide 16: Assessment of the competitive situation
THIS IS TROAX THE COMPANY’S ASSESMENT OF THE COMPETITIVE SITUATION IN 2019/2020 EUR million
Slide 17: Our production units
THIS IS TROAK Hillerstorp, SWEDEN Production of the entire range of panels Capacity (metres) >1,900,000 Capacity utilisation 70% Area (m?) 39,000 OUR PRODUCTION UNITS dividers, safety barriers & arehouse accessories Capacity (panels) Capacity (metres) Capacity (metres) 100,000 ~900,000 Capacity util
Slide 18: Working together for a safer world
THIS IS TROAX Working together for a safer world
Slide 19: A safer tomorrow
A SAFER TOMORROW Bm SINCE S355
Slide 20: What we focus on today
THIS IS TROAX WHAT WE FOCUS ON TODAY • Climate compensating program concerning all transportations • Continuously decrease of our total energy consumption, target 2% per year – Reached in the main unit in Sweden for 2020. • Regional manufacturing decreases transportation • Recertified ISO 14001 and
Slide 21: Troax Safety Center R&D
THIS IS TROAX Our R&D department, Troax Safety Center, is the backbone of Troax. We combine hard work and ingenuity to create the safest and most innovative products for the global market.
Slide 22: Certified by TUV Rheinland
CERTIFIED BY TUV RHEINLAND
Slide 23: Protecting people, property, and processes
PROTECTING PEOPLE, PROPERTY, AND PROCESSES
Slide 24: The original. Since 1999.
THE ORIGINAL. SINCE 1999. TH ORIGINAL
Slide 25: Slide 25