Sdiptech Ab Class B · LSIN:0AAV

Sdiptech Ab Class B — Q4 2022 Earnings Presentation

24 slides from Sdiptech Ab Class B's earnings presentation, Feb 10, 2023

  1. Slide 1: Year-End Report October – December 2022

    Year-End Report October – December 2022 February 10, 2023 Creating sustainable, efficient and safe societies

  2. Slide 2: Today’s presenters

    Today’s presenters Jakob Bengt Holm Lejdström CEO CFO  Joined Sdiptech in 2014  Joined Sdiptech in 2018  401,228 Class B shares (through  97,045 Class B shares, 500 Preference Currussel AB), 940 Preference shares shares and 60,300 warrants and 113,000 warrants  Background: CFO Lagercrantz Group

  3. Slide 3: Fourth quarter, Financial development, Outlook

    Fourth quarter Financial development Outlook 3

  4. Slide 4: Creating sustainable, efficient and safe societies

    CREATING SUSTAINABLE, EFFICIENT AND SAFE SOCIETIES An infrastructure technology group 3,505 19.1% 32% 41% MSEK Net Sales EBITA*-margin Growth EBITA* CAGR EBITA* LTM Q4 2022 LTM Q4 2022 LTM Q4 2022 2017 – Q4 2022 Sources: Sdiptech Financial reports, LTM Q4 2022 4

  5. Slide 5: Sdiptech’s overall goal is to create value by increasing profits every year

    Sdiptech’s overall goal is to create value by increasing profits every year EBITA* EBITA*-% 671  Sdiptech’s overall goal is to create sustainable, long-term value growth by consistently increasing profits, every year 509 18,7% 19,1%  Sdiptech’s business model is designed to acquire niched 16,6% co

  6. Slide 6: Strong growth in the quarter. EV-charging unit back on track.

    Strong growth in the quarter. EV-charging unit back on track. The Group, in the 4th quarter EV-charging unit, status Growth Background Status now  Net sales +36%  New technology platform  Supply chain established and steady  New production site and supply chain  Production volumes increasing ac

  7. Slide 7: Unit for EV-charging, key investments highlights

    Unit for EV-charging, key investments highlights  New technology platform delivered  A total redesign of the controller unit, all IPR of hardware and software belongs to us  New functions not available on the market today, next generation of EV chargers  Compliant with the new regulation for sma

  8. Slide 8: Highlights for the fourth quarter

    Highlights for the fourth quarter  Demand continues to be good  Strong organic growth in quarter, organic net sales 2.1% (9.6% excl. EV charging unit)  Our products meet critical needs in infrastructure, must always work regardless of the economic situation  Forward-looking order book remains go

  9. Slide 9: Acquisition in Q4: Patol Ltd and Linesense Fire Detection Ltd

    Acquisition in Q4: Patol Ltd and Linesense Fire Detection Ltd  Annual sales of GBP 3.2 million with good profitability  Design, manufacture and supply niche fire safety products and systems with applications in a wide variety of infrastructure sectors;  Power generation, waste recycling, road inf

  10. Slide 10: Acquisition in Q4: Welcome Mecno Service

    Acquisition in Q4: Welcome Mecno Service  Annual sales of EUR 13 million, with good profitability  Design, manufacture and sell grinding machines specialized for trams and subway, as well as provides grinding services based on a self-developed, unique, technology  Contributes to SDG target: 9.A,

  11. Slide 11: Acquisitions Jan – Dec 2022

    Acquisitions Jan – Dec 2022  Seven acquisitions completed in 2022, strengthen our 180 position in attractive product and customer segments 158 161 160 150m  The new acquisitions complement our existing • Financial target 2021- : 120-150m operations and Sdiptech increasingly functions as a 140 • Fi

  12. Slide 12: Fourth quarter, Financial development, Outlook

    Fourth quarter Financial development Outlook 12

  13. Slide 13: Group sales & EBITA*-margin

    Group sales & EBITA*-margin MSEK 4,000 25% Sales by country, LTM Q4 2022 +29% 3,505 3,500 3,026 3,237 +26% 19.1% 19.4% 19.1% 20% 16% 18.7% 18.9% 3,000 22% 2,844 16.6% 2,719 Q4: Sales increased by 36%, whereof 2.1% 2% 2% 2,500 14.4% 4% 15% org, excl. currency 2,088  Excl. unit for EV 2% 2,000 11.8%

  14. Slide 14: EBITA* & EBITA*-margin

    EBITA* & EBITA*-margin MSEK +32% Quarter 700 671 25%  EBITA* increased by 28%, whereof -14.3% 629 organic, excl currency effects  Excluding the Group’s unit for electric car chargers, 600 577 organic profit growth was 0.0% excluding currency effects +43% 538 19,1% 19,4% 19,1% 20% 18,9%  EBITA* ma

  15. Slide 15: Resource Efficiency

    Resource Efficiency Quarter  Sales increased by 3% to SEK 309m (301) 1 400 24,4% 1 237 25% 23,7% 1 262  Partly driven by the newly acquired 24,3% 23,2% 1 270 Agrosistemi 22,8% 21,7% 1 200 1 157  Solid organic growth in several business units 20,8% 20% 1 028  The unit for EV charging equipment ha

  16. Slide 16: Special Infrastructure Solutions

    Special Infrastructure Solutions Quarter 2 400 25%  Sales increased by 58% to SEK 709m (448) 2 235  The increase in sales is mainly due to 2 200 acquisitions 1 974 2 000  Units within road maintenance equipment, 20% 1 789 20,2% and automation of container ports, showed 1 800 1 691 1 688 19,8% 1 4

  17. Slide 17: Additional metrics

    Additional metrics Cash conversion, EPS 1) from ops (SEK per share) Net financial Net debt/ debt/EBITDA EBITDA2) Q4 2022 99% 2.80 (92%) (1.21) 1.79 3.55 (1.20) (3.38) LTM Q4 80% 11.48 2022 (71%) (6.55) 1) EPS: earnings per ordinary share, after dilution and deduction of dividends to preference share

  18. Slide 18: Fourth quarter, Financial development, Outlook

    Fourth quarter Financial development Outlook 18

  19. Slide 19: Looking ahead

    Looking ahead Solid demand, infrastructure is always needed  Unchanged view on a growing customer demand, order books are good Profitability: margin expansion to continue towards 20%  Acquisitions. Continue to contribute positively. In line with our strategy towards high margin niche positions. 

  20. Slide 20: Thank you for listening

    Thank you for listening > SDIPTECH

  21. Slide 21: Appendix

    Appendix > svPTECH

  22. Slide 22: Management Team and Board of Directors

    Management Team and Board of Directors Management Jakob Holm 401,228 (Class B), 940 (Pref) 113,000 (Warrants) Fredrik Navjord 55,524 (Class B) 42,500 (Warrants) CEO Axholmen, General Electric, Accenture Head of Metric, Addtech, Volvo M.Sc. KTH Royal Institute of Technology Water & Energy M.Sc. Chalm

  23. Slide 23: Ownership 31 January 2023

    Ownership 31 January 2023 Owner SDIP A SDIP B PREF CAPITAL % VOTES % Vulcan Value Partners, LLC 5 061 617 13.56% 9.15% Swedbank Robur Funds 3 369 909 8.52% 5.86% Handelsbanken Funds 3 198 049 8.09% 5.56% Ashkan Pouya 1 424 000 592 967 5.10% 25.77% Invesco 1 952 861 4.94% 3.39% Saeid Esmaeilzadeh 576

  24. Slide 24: EBITA* → Net profit

    EBITA* → Net profit MSEK 2022 2021 2022 2021 Q4 Q4 Full year Full Year Net Sales 1,017.5 749.1 3,505.2 2,718.9 Operational costs -821.9 -595.9 -2,834.1 -2,209.6 Profit from operations, EBITA* 195.6 153.2 671.1 509.3 EBITA*, best representation of the profits from the ongoing operations Acquisition c

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