Slide 1: Fast actions mitigate the effects of Covid-19 while maintaining a focus on future growth
BEIJER electronics GROUP Area for red ”header box” (8,09x1,26) Area for ”big and left” picture Area for ”right” picture Position from top left corner: Position from top right corner: Horizontal 0,5 cm Horizontal 0 cm Vertical 0,5 cm Vertical 0,5 cm Fast actions mitigate the effects of Covid-19 while
Slide 2: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 3: Business update for the quarter, i)
Business update for the quarter, i) As expected, Covid-19 impacts our sales in the quarter with a sequential drop of 10% vs Q1. Fast actions, including restructuring program, gave significant overhead cost reductions. Our organizations have adapted swiftly to digital interaction with customers
Slide 4: Business update for the quarter, ii)
Business update for the quarter, ii) Westermo proves to withstand well even if there is a drop in sales vs last quarter. Balanced activity alignment provided for a profitable quarter at 11.4% EBIT-margin. Beijer Electronics saw a further drop in sales from the already low first quarter. Signific
Slide 5: Summary of Covid-19 related measures
Summary of Covid-19 related measures People’s health and safety is #1. Wherever possible, our people work remotely or from home. Contacts and meetings via various digital tools. At workplaces, measures in place to maintain distance and a safe environment. Supply chains have been fully operat
Slide 6: BEIJER GROUP order intake and sales
BEIJER GROUP Order intake Sales 450 1 800 450 1 800 400 1 600 400 1 600 350 1 400 350 1 400 300 1 200 300 1 200 MSEK by LTM MSEK by Qtr MSEK by LTM MSEK by Qtr 250 1 000 250 1 000 200 800 200 800 150 600 150 600 100 400 100 400 50 200 50 200 0 0 0 0 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3
Slide 7: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 8: Group − impact of Covid-19 as expected but cost actions dampen
BEIJER GROUP Group − impact of Covid-19 as expected but cost actions dampen Q2 Q2 YTD YTD MSEK 2020 2019 % 2020 2019 % FY 2019 Comments to Q2 Order intake 335.5 377.0 -11% 741.3 745.4 -1% 1,557.2 Sales 357.5 381.2 -6% 752.8 752.0 0% 1,558.7 EBIT at +7.9 MSEK due to the lower sales EBIT excl restru
Slide 9: Westermo − well performing despite impact of Covid-19
Westermo Westermo − well performing despite impact of Covid-19 Q2 Q2 YTD YTD MSEK 2020 2019 % 2020 2019 % FY 2019 Comments to Q2 Order intake 198.6 166.1 20% 400.5 328.2 22% 725.8 Sales 189.4 164.4 15% 404.0 323.1 25% 705.2 Increased orders and sales due to the EBIT 21.6 20.1 8% 55.0 41.3 33% 89.6
Slide 10: Beijer Electronics − significant affected by Covid-19
Beijer Electronics Beijer Electronics − significant affected by Covid-19 Q2 Q2 YTD YTD MSEK 2020 2019 % 2020 2019 % FY 2019 Comments to Q2 Order intake 120.7 186.2 -35% 308.3 369.6 -17% 732.2 Sales 153.0 192.9 -21% 316.9 382.4 -17% 756.2 Orders drop significantly due to the EBIT excl restructuring
Slide 11: Korenix − continued impact of Covid-19 also in the quarter
Korenix Korenix − continued impact of Covid-19 also in the quarter Q2 Q2 YTD YTD MSEK 2020 2019 % 2020 2019 % FY 2019 Comments to Q2 Order intake 19.7 32.1 -39% 40.0 61.2 -35% 121.8 Sales 18.6 31.3 -40% 39.4 60.1 -34% 119.9 Korenix experienced significant drop EBIT excl restructuring Q1-2020 -3.4
Slide 12: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 13: Concluding notes by Per...
| 13 Concluding notes by Per... BEIJER GROUP
Slide 14: Outlook for 2020
Outlook for 2020 ” It is not possible to judge the effect of the spread of the coronavirus on society and the global economy at present. This means that BEIJER GROUP is not publishing any estimates of underlying financial performance for the full year 2020.” | 14
Slide 15: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 16: BEIJER GROUP
BEIJER GROUP BEIJER GROUP