Slide 1: Presentation of the first quarter 2020
Presentation of the first quarter 2020 28 April 2020
Slide 2: Covid-19
Covid-19 ▪ In total moderate impact from Covid-19 in the first quarter − Significant negative impact in Aibel and Oase Outdoors − Moderate impact in Bisnode, Diab, HL Display, Kvdbil and TFS − Minor negative impact in airteam, HENT, LEDiL, Plantasjen and Speed Group ▪ Global escalation of Covid-19 t
Slide 3: Net sales and EBITA development
Net sales and EBITA development 31 March 2020, MSEK, adjusted for Ratos ownership Q1 LTM Net Sales EBITA Net Sales EBITA +7% +32% +15% +12% 5,584 1,228 5,210 +10% 24,850 +43% +1% 4,533 107 22,208 20,172 915 928 75 -19 Q1-2018 Q1-2019 Q1-2020 Q1-2018 Q1-2019 Q1-2020 Q1-2018 Q1-2019 Q1-2020 Q1-2018 Q1
Slide 4: Development first quarter
Development first quarter 2020 ▪ Net sales increased by 7% to 5,584 MSEK (5,210) − Organic growth 10% − Aibel, HENT, Diab and Plantasjen main contributors − 8 of 12 companies showed organic growth ▪ EBITA increased to 107 MSEK (75) − Improvement driven by Diab, HENT, Bisnode, TFS, Speed Group, HL Di
Slide 5: Financial position (leverage)
Financial position (leverage) Q1 2020, Net Debt / EBITDA LTM ▪ Ratos’s companies total leverage (Net Debt/EBITDA), 31 Mar 31 Dec including Ratos’s parent company net cash position, Company 2020 2019 amounts to 3,3x Aibel 3,1x 2,8x airteam 1,6x 2,0x ▪ Improved EBITDA and lower net debt over all Bisno
Slide 6: Business Area: Construction & Services
Business Area: Construction & Services Q1 16% 76 MSEK Net sales growth EBITA increased to 76 Q1 2020 MSEK (71) due to HENT and Speed Group Adjusted for Ratos share, (MSEK) Organic net sales EBITA Q1 EBITA Q1 Company (Q1 2020) 2020 2019 Aibel +42% 29 53 airteam +9% 6 3 HENT +10% 35 18 Speed Group +2%
Slide 7: Business Area: Consumer & Technology
Business Area: Consumer & Technology Q1 -6% -96 MSEK EBITA decreased to -96 Net sales growth MSEK (-85) primarily Q1 2020 due to Plantasjen and Oase Outdoors Adjusted for Ratos share, (MSEK) Organic net sales EBITA Q1 EBITA Q1 Company (Q1 2020) 2020 2019 Bisnode -1% 58 46 Kvdbil +3% 5 6 Oase Outdoor
Slide 8: Business Area: Industry
Business Area: Industry Q1 5% 128 MSEK Net sales growth EBITA increased to 128 Q1 2020 MSEK (89) primarily driven by Diab and TFS Adjusted for Ratos share, ex. IFRS 16, (MSEK) Organic net sales EBITA Q1 EBITA Q1 Company (Q1 2020) 2020 2019 Diab +7% 67 37 HL Display -1% 36 31 LEDiL -3% 14 18 TFS +1%
Slide 9: Summary Q1 2020
Summary Q1 2020 ▪ Continued positive growth and EBITA-development in a seasonally weak quarter for Ratos with a moderate impact from Covid-19 ▪ Stable financial position ▪ The proposed Ratos dividend was withdrawn at the AGM − Instead, the Board intends to call the shareholders to an Extraordinary G
Slide 10: Thank you! Q&A
Thank you! O&A RATSS
Slide 11: Financial Calendar & Contact details
Financial Calendar & Contact details ▪ Interim Report, Q1 2020, 28 April ▪ Interim Report, Q2 2020, 17 July ▪ Interim Report, Q3 2020, 22 October Contact: Helene Gustafsson, Head of IR & Press, +46 70 868 40 50, helene.gustafsson@ratos.se 11