Momentum Group Ab Class B · OMXSTO:MMGR_B
Momentum Group Ab Class B — Q1 2023 Earnings Presentation
18 slides from Momentum Group Ab Class B's earnings presentation, Apr 27, 2023
Slide 1: Interim report Q1 2023
Interim report Q1 2023 27 April 2023
Slide 2: Presenting today
Presenting today Ulf Lilius Niklas Enmark President and CEO CFO Momentum Group 27/04/2023 2
Slide 3: Agenda
Agenda • Q1 highlights • Development during the quarter • Growth strategy • Q&A Momentum Group 27/04/2023 3
Slide 4: A strong quarter to start the financial year
Q1 highlights A strong quarter to start the financial year Revenue: EBITA: EBITA/WC: +26% +36% +62% • Continued high customer activity. • Organic growth. • Profitability remains high. • Strong demand. • Cost control. • Focus on keeping low and stable • Positive contribution from • Improved margins.
Slide 5: Q1 2023 Development during the quarter
Q1 2023 Development during the quarter
Slide 6: Group: Sales Q1 2023
Group: Sales Q1 2023 • Revenue increased by 26% to SEK 502 m (399). • Growth in comparable units of 10%. • Continued high customer activity. • Global component shortage stabilizing but still long lead times for some product groups. • Proactive work to secure delivery capacity to meet demand and comp
Slide 7: Group: Earnings Q1 2023
Group: Earnings Q1 2023 • Earnings growth due to: – Revenue growth, organic and acquisitions. – Cost control and well-managed price/cost increases. • Operating profit rose by 49% to SEK 55 m (37) – depreciation of right-of-use assets and tangible non- current assets of SEK –14 m (–12). • EBITA incre
Slide 8: Group: Rolling 12 months
Group: Rolling 12 months • Revenue increased by 20% to SEK 1,842 m (1,540). • Operating profit rose by 29% to SEK 203 m (157). • EBITA increased by 24% to SEK 220 m (178). • EBITA margin of 11.9% (11.6). • Profit after tax SEK 154 m (118). • Earnings per share SEK 3.00 (2.30). R12 Mar Key figures Re
Slide 9: Components business area
Components business area Momentum Industrial Specialist • Increased sales in all product segments and all major • Good demand and growth in both sales and earnings. customer segments • Continued impact from supply disruptions, mainly • Business system upgrade proceeded according to affecting complet
Slide 10: Services business area
Services business area • Stable growth in both sales and earnings for most of the operations. • Q1 seasonally slightly weaker for incoming work. • Rörick showed high-capacity utilization whereas the activity level in Mekano gradually picked up during the quarter. • High share of component sales cont
Slide 11: Profitability, cash flow and financial position
Profitability, cash flow and financial position • EBITA/WC was 62% (62). • Cash flow from financing activities SEK –20 m (–12), • Return on equity 31% (28). net change in interest-bearing liabilities. • Improved cash flow from operating activities for the • IFRS effects on cash flow1 SEK 14 m (12).
Slide 12: Continued growth through development and acquisition of sustainable businesses
Continued growth through development and acquisition of sustainable businesses
Slide 13: Completed acquisitions during Q1
Completed acquisitions during Q1 Hydmos Agera LocTech Hydmos has a leading niche position Agera is a supplier-independent A supplier-independent resellerreseller of of LocTech is a comprehensive supplier of within high pressure fluid solutions for components componentsandandservices servicestotoindu
Slide 14: Contact us
Contact us Please email us at ir@momentum.group if you have any questions. Momentum Group momentum.group
Slide 15: Appendix
ah momentum". group Appendix
Slide 16: IFRS effects on cash flow
IFRS effects on cash flow Reporting period R12 MSEK Q1 2023 Q1 2022 Mar 2023 FY 2022 IFRS effects on cash flow from operations 14 12 52 50 IFRS effects on cash flow from financing activities -14 -12 -52 -50 Net 0 0 0 0 Momentum Group 27/04/2023 16
Slide 17: Largest shareholders
Largest shareholders Shareholder A shares B shares Capital Votes Nordstjernan 213 27,776,641 55.02% 50.00% Tom Hedelius 513,124 1.02% 9.24% Ampfield Management 3,337,284 6.61% 6.01% Enter Fonder 1,816,667 3.60% 3.27% Carnegie Fonder 1,793,962 3.55% 3.23% Momentum Group AB1 1,259,624 2.50% 2.27% Hand
Slide 18: Dates for upcoming financial information
Dates for upcoming financial information Financial reports Annual General Meeting 14 July 2023 9 May 2023 at 16:00 CET Interim Report for the second quarter of 2023 27 October 2023 Interim Report for the third quarter of 2023 15 February 2024 Year-end report 2023 Momentum Group 27/04/2023 18