Invisio Ab · OMXSTO:IVSO
Invisio Ab — Q4 2017 Earnings Presentation
18 slides from Invisio Ab's earnings presentation, Feb 16, 2018
Slide 1: Q4 and Full Year 2017
Q4 and Full Year 2017 Conference Call | Feb 16, 2018 | CEO Lars Højgård Hansen
Slide 2: Agenda
Agenda • CEO Lars Højgård Hansen comments Q4 and Full Year 2017 • Q&A • Financial performance in further details 2
Slide 3: Strong end to the year in the USA
Strong end to the year in the USA The financial performance should be seen in the light of our expansion • Sales is driven by deliveries under contracts covering modernization programs. • Q4 revenue growth by 45%, boosted by a large delivery to a contract customer in the US and delivery of some dela
Slide 4: Development in sales and operating profit
Development in sales and operating profit Sales Operating profit MSEK 400 MSEK 100 365.7 350 78.6 80 300 60 250 200 40 150 20 100 0 50 0 -20 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 4
Slide 5: Sales and order backlog per quarter and rolling 12 months
Sales and order backlog per quarter and rolling 12 months Sales Order backlog MSEK 140 400 MSEK 200 120 350 160 100 300 250 120 80 200 60 80 150 40 100 40 20 50 0 0 0 Q2 2014 Q2 2015 Q2 2016 Q2 2013 Q2 2014 Q2 2015 Q2 2016 Q4 2013 Q4 2014 Q4 2015 Q2 2017 Q4 2013 Q4 2014 Q4 2015 Q2 2017 Q4 2016 Q4 20
Slide 6: Successful implementation of strategy for profitable growth
“Our efforts during the year have further strengthened our position and improved our market opportunities. The year’s successes with our own sales offices, contracts won, stronger relations with our customers, as well as an entirely new product category for communication in vehicles, give us a good
Slide 7: Increased market penetration on existing markets
Increased market penetration on existing markets Expansion through own offices • Our own sales teams in the USA, France and Italy. Strengthened position in the USA and NATO • Continued orders from existing contract customers in the USA, Canada, UK and Australia. • Continuous smaller orders from othe
Slide 8: Geographical expansion
Geographical expansion Ongoing activities for broadening the customer base in new geographical regions. • Several new partners in Asia, South America and the Middle East. • Smaller initial orders. • Lead times are long in our industry but we expect a good return over time from these investments. 8
Slide 9: A broader product offering
A broader product offering Enhanced personal communication New product category for portfolio communication in vehicles • The INVISIO V50 control unit. • The INVISIO Intercom system. • Based on the same technology • Mounted or carried in a backpack. platform as our other control units. • Commerciall
Slide 10: Seamless integration
Seamless integration Bridging the gap between the mounted and dismounted soldier • Multiple users and radios can connect simultaneously, controlling both systems with their INVISIO control units. Soldier Vehicle, aircraft, boat 10
Slide 11: Proposed dividend
Proposed dividend Shows trust in our capacity to continue growing with sound profitability. • The Board of Directors proposes a dividend of SEK 0.60 per share (0.50). 73.5 SEK m Crown copyright 2016. Contains public sector information licensed under the Open Government Licence v3.0. 11
Slide 12: Market and drivers – going forward
Market and drivers – going forward • Modernization of soldier communications drives growth. • Cost for hearing impairment drives growth. • INVISIO drives growth by developing new, innovative solutions that raise the performance, functionality and user experience requirements. • Current market still
Slide 13: Q&A
Q&A INVISIO“
Slide 14: Thank you!
Thank you! INVISIO®,
Slide 15: Financial performance in further details
Financial performance in further details Q4 and Full Year 2017 15
Slide 16: Condensed consolidated income statement and consolidated statement of comprehensive income
Condensed consolidated income statement and consolidated statement of comprehensive income 16
Slide 17: Condensed consolidated statement of financial position
Condensed consolidated statement of financial position 17
Slide 18: Condensed consolidated statement of cash flow
Condensed consolidated statement of cash flow 18