Etteplan Oyj · OMXHEX:ETTE
Etteplan Oyj — Q1 2011 Earnings Presentation
15 slides from Etteplan Oyj's earnings presentation, May 5, 2011
Slide 1: Q1 2011 Interim Report
Q1 2011 Interim Report May 5, 2011 Matti Hyytiäinen, CEO
Slide 2: Highlights 1-3/2011
Highlights 1-3/2011 Increase in demand for design services continued. Revenue continued to grow. Operating profit was at comparison period’s level. Profitability of business in Sweden was at low level in the beginning of the year during January-February. Matti Hyytiäinen, May 5, 2011
Slide 3: Key figures
Key figures Change from (EUR 1 000) 1-3/2011* 1-3/2010* 1-12/2010* prev. year Revenue 29,645 24,853 104,786 19.3% Operating profit 1,159 1,125 6,054 3.0% Operating profit, % 3.9 4.5 5.8 Profit for the period 737 692 4,347 Profit for the period % 2.5 2.8 4.1 Equity ratio, % 41.5 39.8 43.6 Net gearing
Slide 4: Outlook 2011
Outlook 2011 Current market outlook of machinery and equipment manufacturers is positive. The development of Etteplan's customers' order books influences quickly the development of Etteplan’s revenue. We expect the revenue and operating profit for year 2011 to grow compared to year 2010. Pot
Slide 5: Q1 2011 Financial information
Q1 2011 Financial information
Slide 6: Revenue
Revenue Q1/2011: EUR 29.6 million (Q1/2010: EUR 24.9 million) Revenue for year 2008 includes discontinuing operations. Revenue for years 2009 and 2010 includes continuing operations. Matti Hyytiäinen, May 5, 2011
Slide 7: Operating profit and operating profit %
Operating profit and operating profit % Q1/2011: EUR 1.2 million, 3.9% (Q1/2010: EUR 1.1 million, 4.5%) Operating profit for year 2008 includes discontinuing operations. Operating profit for years 2009 and 2010 includes continuing operations. Matti Hyytiäinen, May 5, 2011
Slide 8: Cash flow after investments
Cash flow after investments Q1/2011: EUR -2.2 million (Q1/2010: EUR -2.8 million) Matti Hyytiäinen, May 5, 2011
Slide 9: Earnings per share (EUR)
Earnings per share (EUR) Q1/2011: EUR 0.03 (Q1/2010: EUR 0.03) *) continuing operations Matti Hyytiäinen, May 5, 2011
Slide 10: Personnel, average
Personnel, average Q1/2011: 1,573 (Q1/2010: 1,509) 2000 1,895 1,763 1,765 1800 1,594 1,573 1600 1,501 1,509 1400 1200 1000 800 600 400 200 0 2006 2007 2008* 2009* 2010* Q1/2010* Q1/2011* *) continuing operations Matti Hyytiäinen, May 5, 2011
Slide 11: Major shareholders
Major shareholders Major shareholders, Number of Proportion of shares March 31, 2011 shares and votes, % 1. Mönkkönen Veli Tapani 4,075,600 20.20 2. Ingman Group Oy Ab 3,700,000 18.34 3. Oy Fincorp Ab 2,196,828 10.89 4. Hornborg Heikki 1,088,320 5.39 5. Varma Mutual Pension and 821,328 4.07 Insuranc
Slide 12: Income statement
Income statement (EUR 1 000) 1-3/2011* 1-3/2010* 2010* Revenue 29,645 24,853 104,786 Other operating income 78 77 1,161 Materials and services -1,943 -1,879 -9,847 Staff costs -21,775 -18,229 -73,368 Other operating expenses -4,465 -3,336 -15,185 Depreciation and amortisation -381 -361 -1,494 Operat
Slide 13: Balance sheet
Balance sheet (EUR 1 000) 31.3.2011 31.3.2010 31.12.2010 Goodwill 36,028 32,315 36,028 Other intangible assets 903 968 967 Other non-current assets 2,951 2,988 2,743 Non-current assets, total 39,882 36,271 39,738 Trade and other receivables 25,171 20,676 22,894 Current tax assets 4 702 4 Cash and ca
Slide 14: Cash flow
Cash flow (EUR 1 000) 1-3/2011 1-3/2010 2010 Operating cash flow ( A ) -2,132 -2,683 1,505 Investing cash flow ( B ) -81 -125 -2,107 Cash flow after investments (A + B) -2,213 -2,808 -602 Financing cash flow ( C ) -352 -184 -1,653 Variation in cash (A + B + C) -2,565 -2,992 -2,255 Assets in the begi
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