Slide 1: Investor Presentation Q3 - 2024/25
Click here to view the live event of the presentation Investor Presentation Q3 - 2024/25 This presentation contains statements regarding expectations for the future development of RTX A/S, including future revenue and operating profit (EBITDA), reflect Management’s current outlook and carry some unc
Slide 2: Agenda
Agenda 1. About RTX 2. Key Highlights and Business Update 3. Selected insights – ProAudio 4. Financial Highlights for Q3/9M 2024/25 5. Outlook 6. Q&A 2024/25 Q3/9M - RTX - Investor Presentation 2
Slide 3: Helping people perform at their best
Helping people perform at their best Utilizing wireless expertise, we provide secure and reliable communication products and solutions, fit for challenging environments 2024/25 Q3/9M - RTX - Investor Presentation 3
Slide 4: Creating value through trusted partnerships
Creating value through trusted partnerships Enabling global leaders to focus on brand and market development by designing and producing high-quality communication products and solutions 2024/25 Q3/9M - RTX - Investor Presentation 4
Slide 5: Trusted partnerships throughout the product lifecycle
Trusted partnerships throughout the product lifecycle Branding and Sales Distribution Support Customers Market Requirements marketing analysis and design Support and Market Collaborative product development Go-to-market Sales, production, and distribution lifecycle research management Onboarding Pro
Slide 6: Agenda
Agenda 1. About RTX 2. Key Highlights and Business Update 3. Selected insights – ProAudio 4. Financial Highlights for Q3/9M 2024/25 5. Outlook 6. Q&A 2024/25 Q3/9M - RTX - Investor Presentation 6
Slide 7: Interim Report 9M 2024/25
Interim Report 9M 2024/25 Solid revenue and profitability leads to confidence in guidance • Enterprise strength, particularly retail • Healthcare progress on products • Stabilizing demand patterns • Guidance raised and profitability expectations narrowed • Currency impact of weaker USD 2024/25 Q3/9M
Slide 8: Enterprise products and customers
Enterprise products and customers 2024/25 Q3/9M - RTX - Investor Presentation 8
Slide 9: Enterprise update
Enterprise update Infrastructure, Handset, and Headset Highlights › 9M YoY growth of 31%, driven primarily by retail and the normalization of key customer demand patterns › Continuously strong orderbook from several long-term customers › Order horizon remains short at three to six months › Currency
Slide 10: ProAudio – Secure and reliable sound
ProAudio – Secure and reliable sound Standard RTX modules Software solutions › TeamEngage® › Sheerlink® › Sheersound® 2024/25 Q3/9M - RTX - Investor Presentation 10
Slide 11: ProAudio update
ProAudio update Connectivity modules for professional audio solutions Highlights › Focus on Modules: Prioritizing module business, while we see lower normalized volumes in full product sale in ProAudio › Revenue below expectations: Lower volumes from key customers and longer onboarding of new ones ›
Slide 12: Healthcare products, customers and potential partners
Healthcare products, customers and potential partners Customers Devices and monitoring Hospital IT infrastructure 2024/25 Q3/9M - RTX - Investor Presentation 12
Slide 13: Healthcare update
Healthcare update Infrastructure for patient monitoring solutions Highlights › Revenue for the quarter on key infrastructure products and modules for patient monitoring devices › Building up orderbook on key products › Transition to full product ownership and seamless integration progressing in clos
Slide 14: Agenda
Agenda 1. About RTX 2. Key Highlights and Business Update 3. Selected insights – ProAudio 4. Financial Highlights for Q3/9M 2024/25 5. Outlook 6. Q&A 2024/25 Q3/9M - RTX - Investor Presentation 14
Slide 15: Selected insights - ProAudio Critical communication
Selected insights - ProAudio Critical communication APPLICATION • First responders • Defense - Tactical teams RTX value proposition • Ready to go: Reliable communication is a lifeline during crises, disasters, and public safety operations • Seamless wireless teamwork: Adaptive intercom keeps crews c
Slide 16: Agenda
Agenda 1. About RTX 2. Key Highlights and Business Update 3. Selected insights – ProAudio 4. Financial Highlights for Q3/9M 2024/25 5. Outlook 6. Q&A 2024/25 Q3/9M - RTX - Investor Presentation 16
Slide 17: Revenue
Revenue Revenue Revenue DKK million Q3: 147 DKKm 300 407 500 Revenue Q3 2023/24: 142 DKKm 498 400 250 9M: 407 DKKm 200 260 349 300 Revenue 9M 2023/24: 349 DKKm 200 101 207 150 100 • Enterprise growth driven by retail 82 0 100 • Healthcare growth from product sale 160 147 149 -100 142 • ProAudio lowe
Slide 18: Gross Margin
Gross Margin Gross Margin Gross Margin % Q3: 51.7 % 150 60 Gross margin Q3 2023/24: 47.7% 50,8% 50,1% 50,7% 50 9M: 50.7 % 100 46,7% Gross margin 9M 2023/24: 44.9% 44,9% 42,9% 40 38,9% Growth YoY from 30 • Product and customer mix 50 • Growth in Healthcare segment 50,8% 51,7% 51,0% 20 45,6% 49,7% 47,
Slide 19: EBITDA
EBITDA EBITDA EBITDA DKK million Q3: 15.0 DKKm 100 50 22 EBITDA Q3 2023/24: 9.4 DKKm 7 80 -9 0 9M: 22.2 DKKm 60 3 EBITDA 9M 2023/24: -20.1 DKKm -20 40 -31 -30 -50 20 17 15 The development in EBITDA for the period is -100 23 impacted mainly by the revenue level and 1 9 0 improved gross margin compare
Slide 20: Other key financial highlight
Other key financial highlight Inventory Free Cash Flow Net liquidity position Q3: 56.5 DKKm 9M: 11.6 DKKm Q3: 119 DKKm LY: 90.7 DKKm LY: -14.2 DKKm LY: 100 DKKm Comprised of goods in transit Positive cash flow is primarily During the quarter the net and components impacted by positive liquidity posi
Slide 21: Share Buyback Program
Share Buyback Program SHARE BUY BACK Objective • Enhance shareholder value by returning excess capital to shareholders, according to capital policy Program size and type • 20 DKKm Safe Harbour Timing • 1st of September 2025 to 1st of September 2026 Intended impact • Support share price stability • I
Slide 22: Agenda
Agenda 1. About RTX 2. Key Highlights and Business Update 3. Selected insights – ProAudio 4. Financial Highlights for Q3/9M 2024/25 5. Outlook 6. Q&A 2024/25 Q3/9M - RTX - Investor Presentation 22
Slide 23: Outlook FY - 2024/25
Outlook FY - 2024/25 2024/25 Financial Outlook 2024/25 Updated and narrowed outlook Revenue: Revenue: 530 to 560 DKKm › Growth in Enterprise and Healthcare › Orderbook is building up › Short visibility gives insight on 3-6 months forecast EBITDA: 25 to 35 DKKm EBITDA / EBIT: › Product costs in line
Slide 24: Agenda
Agenda 1. About RTX 2. Key Highlights and Business Update 3. Selected insights – ProAudio 4. Financial Highlights for Q3/9M 2024/25 5. Outlook 6. Q&A 2024/25 Q3/9M - RTX - Investor Presentation 24
Slide 25: Questions?
Questions? 2024/25 Q3/9M - RTX - Investor Presentation 25