Exel Composites Oyj · OMXHEX:EXEL
Exel Composites Oyj — Q3 2021 Earnings Presentation
15 slides from Exel Composites Oyj's earnings presentation, November 2021
Slide 1: Business Review Q1-Q3 2021
Business Review Q1-Q3 2021 STRONG REVENUE, CLEAR DECLINE IN PROFITABILITY
Slide 2: Exel Composites in brief
Exel Composites in brief At Exel Composites, we use over Company values 60 years’ experience to solve challenges and help customers save resources. Customer focused Our forward-thinking composite solutions made with continuous manufacturing technologies serve Integrity customers in a wide range of i
Slide 3: Q3 2021 highlights
Q3 2021 highlights Order intake Revenue Adjusted operating profit Net order intake was at a good level in the quarter Growth practically across all customer industries, Lowered profitability due to the ramp-up of a carbon and in line with the previous year, even if impacted driven by Buildings and i
Slide 4: Order backlog at EUR 47.9 million at the end Q1-Q3 2021 despite cancelled orders
Order backlog at EUR 47.9 million at the end Q1-Q3 2021 despite cancelled orders during the quarter 6 Business Review Q1-Q3 2021
Slide 5: Strong revenue increase in practically all customer industries
Strong revenue increase in practically all customer industries Revenue by customer industry, Revenue share by customer industry, EUR million % Buildings and Equipment and Wind power Machinery and Transportation Defense Telecommunications infrastructure other industries electrical 7 Business Review Q
Slide 6: Revenue growth driven by North America and Europe
Revenue growth driven by North America and Europe Revenue by region1), Revenue share by region1), EUR million % Europe North America Asia-Pacific Rest of the world 1) Revenue by customer location, not by the location of the manufacturing Exel Composites business unit. 8 Business Review Q1-Q3 2021
Slide 7: Adjusted operating profit in Q3 2021 declined due to the poor performance of the business unit in the US
Adjusted operating profit in Q3 2021 declined due to the poor performance of the business unit in the US Lowered profitability mainly due to the ramp-up of a specific carbon fiber Wind Power product, produced in high volumes in our factory in the United States. Challenges relate especially to the re
Slide 8: Impacts of the Covid-19 pandemic in Q3 2021
Impacts of the Covid-19 pandemic in Q3 2021 All our factories operated normally, with continued focus on health and safety. Operations continued almost normally despite challenges with global logistics and availability in many raw material categories. The uncertainty related to the Covid-19 pandemic
Slide 9: Return on capital employed at 5.5% in Q1-Q3 2021
Return on capital employed at 5.5% in Q1-Q3 2021 5.7 Return on equity, % 11 Business Review Q1-Q3 2021
Slide 10: After the reporting period, Exel Composites and Kineco Group announce a joint venture in India
After the reporting period, Exel Composites and Kineco Group announce a joint venture in India Kineco Group, headquartered in Goa, India, is a composites manufacturing company founded in 1995 offering a range of products and integrated systems for diverse markets such as mass transit, aerospace, def
Slide 11: Rationale behind the strategic investment
Rationale behind the strategic investment Direct presence in the fast-growing Indian composites market. Kineco Group’s long and established position in the Indian composites industry allows expanding into India with a ‘flying start’. Good fit with Exel’s strategy and growth initiatives. Clearly stre
Slide 12: Guidance for 2021
Guidance for 2021 Exel Composites repeats its guidance and expects revenue in 2021 to increase significantly compared to 2020 and adjusted operating profit to decrease compared to 2020. Due to the poor performance in the business unit in the United States, Exel Composites now gives further detail on
Slide 13: More information at www.exelcomposites.com
More information at www.exelcomposites.com Financial calendar 2022 Financial Statements Release 2021 15 February 2022 Business Review Q1 2022 29 April 2022 Half Year Financial Report Q1-Q2 2022 20 July 2022 Business Review Q1-Q3 2022 3 November 2022 Annual General Meeting 2022 25 March 2022 Your IR
Slide 14: Thank you! Kiitos!
Thank you! Kiitos! Questions? Kysymyksiä?
Slide 15: For Forward Thinkers
FOR FORWARD THINKERS