Exel Composites Oyj · OMXHEX:EXEL
Exel Composites Oyj — FY2024 Earnings Presentation
17 slides from Exel Composites Oyj's earnings presentation, Feb 14, 2025
Slide 1: Financial Statements Release Q1-Q4 2024
Financial Statements Release Q1-Q4 2024 A STRONG END TO A SOLID YEAR: ORDER INTAKE, REVENUE AND ADJUSTED OPERATING PROFIT INCREASED SIGNIFICANTLY IN Q4 2024
Slide 2: Financial briefing, 14 February 2025
Financial Statements Release Q1-Q4 2024 Financial briefing, 14 February 2025 Paul Sohlberg Mikko Rummukainen President and CEO CFO 2 Financial Statements Release Q1-Q4 2024
Slide 3: Q4 2024 highlights: Strong end to a solid year
Q4 2024 highlights: Strong end to a solid year Order intake, revenue and Decisive steps in strategy adjusted operating profit implementation continued: improved significantly y-o-y, – New India factory operational while fixed costs decreased with deliveries starting in Q1 Exel gained new custo
Slide 4: Q4 financial highlights
Q4 financial highlights Order intake Revenue Operating profit Adj. operating profit Adj. operating profit EUR million EUR million EUR million EUR million % 28.8 25.1 +13.6% -4.1 0.2 0.7% +22.2% (-5.9%) (23.6) (22.1) (-3.7) (-1.3) Order intake, EUR million Revenue, EUR million Adj. operating profit,
Slide 5: Strong order intake amid cautious markets boosted revenue growth
Strong order intake amid cautious markets boosted revenue growth Order intake Q4 Order intake 2024 Order backlog 2024 The uncertainty about the Revenue global 2024 EUR million EUR million EUR million economic development affected EUR million customer behavior and demand 28.8 +22.2% 104.9 +6.9% 34.
Slide 6: Strongest Q4 growth in Buildings and infrastructure, brisk growth in Industrial and Energy
In Q4, the strongest growth was witnessed in Buildings and infrastructure, brisk growth also in Industrial and Energy In Buildings and infrastructure, we gained new customers despite the difficult market situation Slight decrease in Transportation, and Other due to lower production levels of the
Slide 7: Profit improvement actions paying off: Adjusted operating profit strengthened significantly
Profit improvement actions paying off: Adjusted operating profit strengthened significantly in Q4 and 2024 6 12% Profitability improved due to actions to optimize capacity, cost control, decrease in fixed costs, and operational measures 4 8% 2023: -2.4 2024: 1.7 Comparing to the previous quarter
Slide 8: Several significant orders in Transportation and Energy
ENGINEERED SOLUTIONS BUSINESS UNIT (ESBU) Several significant orders in Transportation and Energy Q4 revenue increased compared to the previous quarter due to demand picking up – a good achievement considering market demand in H2 2024 was slightly softer than in H1 2024 Several significant order
Slide 9: Flying Whales: Composite tubes for the world's largest airships
NEW CUSTOMER ENGAGEMENT Flying Whales: Composite tubes for the world's largest airships Exel Composites will supply carbon fiber tubes for LCA60T airship, the world’s largest airship designed to revolutionize cargo transport Earlier in 2024, Exel and Flying Whales announced an R&D partnership for th
Slide 10: Several customer engagements expected to turn into revenue in 2025
INDUSTRIAL SOLUTIONS BUSINESS UNIT (ISBU) Several customer engagements expected to turn into revenue in 2025 Q4 2024 revenue decreased compared to other quarters of the year due to seasonal fluctuations In 2024, the market position of Industrial Solutions Business Unit’s developed favorably in t
Slide 11: The new production facility in India operational
The new production facility in India operational The new manufacturing site of Exel Composites' joint venture Kineco Exel Composites India (KECI) completed on time in December 2024 The factory manufactures composites with pultrusion and is optimized for serving wind power industry in India and g
Slide 12: Guidance for the full year 2025
Guidance for the full year 2025 Exel Composites expects revenue to increase and adjusted operating profit to increase significantly in 2025 compared to 2024 12 Financial Statements Release Q1-Q4 2024
Slide 13: Success for Exel in the Nordic Business Diversity Index 2025
Success for Exel in the Nordic Business Diversity Index 2025 After the review period in The assessment included January 2025, Exel ranked four key aspects: number one in the Nordic – Gender Business Diversity Index 2025 among the small cap companies – Age of Nasdaq Helsinki – Nationality Exel
Slide 14: 2024 highlights
2024 highlights Decisive implementation of strategy continued, including factory network optimization reducing carbon emissions in the associated manufacturing 14 Financial Statements Release Q1-Q4 2024
Slide 15: Financial reporting and AGM in 2025
Financial reporting and AGM in 2025 Annual Report 2024: 5 March 2025 AGM: 26 March 2025 Business Review Q1 2025: 8 May 2025 Half Year Financial Report Q1-Q2 2025: 14 August 2025 Business Review Q1-Q3 2025: 6 November 2025 See full investor calendar: investors.exelcomposites.com/investors/i
Slide 16: Thank you!
exel COMPOSITES Thank you! Q&A FOR FORWARD THINKERS
Slide 17: For Forward Thinkers
FOR FORWARD THINKERS exel COMPOSITES