Dometic Group Ab · OMXSTO:DOM
Dometic Group Ab — Investor Presentation (March 2021)
10 slides from Dometic Group Ab's investor presentation, Mar 16, 2021
Slide 1: Restated Financials for 2019-2020
RESTATED FINANCIALS FOR 2019-2020 STEFAN FRISTEDT, CFO March 16, 2021
Slide 2: 2019 and 2020 Restate
2019 AND 2020 RESTATE AVAILABLE AT THE INVESTOR PAGE AT DOMETIC.COM ▪ Periods ▪ 2019 and 2020 by quarter and full year ▪ 3 changes ▪ Income statement restate 1 Logistic costs has been moved from expenses to Cost of Goods sold. Product development costs moved the other way around ▪ Sales breakdown in
Slide 3: Income Statement Restate
1 INCOME STATEMENT RESTATE Jan-Dec 2020 ▪ Costs moved between lines in the income Previously After reported restatement statement, no impact on Operating profit Net Sales 16 207 16 207 (EBIT) Cost of Goods sold -10 901 -11 571 Gross Profit 5 306 4 635 ▪ Product development costs Gross Profit % 32,7%
Slide 4: Sales Breakdown into Three Sales Channels
2 SALES BREAKDOWN INTO THREE SALES CHANNELS New structure, disclosed for Company total ▪ OEM - Equipment sales through OEM manufacturers (RV, Marine and CPV) ▪ Distribution - Equipment sales through distribution channels (Outdoor, Hospitality, Residential, Mobile Deliveries) ▪ Service and Aftermarke
Slide 5: From Three Regions to Four Segments
3 FROM THREE REGIONS TO FOUR SEGMENTS SEGMENTS AMERICAS, EMEA, APAC AND GLOBAL ▪ Aligned with organizational change announced in February 2020 and implemented from Jan 1, 2021. ▪ Organizational change in line with strategy to broaden Dometic’s addressable market and increase focus through commercial
Slide 6: Regional Segments
REGIONAL SEGMENTS AMERICAS, EMEA, APAC ▪ Capture the potential in the RV, CPV and Outdoor markets ▪ Accelerate Service and aftermarket growth ▪ Drive M&A activities ▪ Reduce complexity in legacy structure and improve efficiencies
Slide 7: Global Segment - Marine and Other Global Verticals
GLOBAL SEGMENT - MARINE AND OTHER GLOBAL VERTICALS BUSINESSES WITH STRONG POTENTIAL FOR GROWTH ▪ Marine ▪ Expand geographical spread and product offering. Built on the Seastar platform. ▪ Global customers. ▪ Other Global Verticals – Residential, Hospitality and Mobile deliveries. ▪ Share the charact
Slide 8: 2019 – 2020 Sales and EBIT% Before IAC by Segment
2019 – 2020 SALES AND EBIT% BEFORE IAC BY SEGMENT 2020 SALES IN ALL SEGMENTS IMPACTED BY COVID-19 Americas ▪ Q4 organic growth 18% EMEA ▪ Q4 organic growth 11% 8,000 25.0% Sales EBIT% 8,000 ▪ 25.0% EBIT impacted by tariffs and 7,000 6,357 ▪ EBIT impacted by lower sales, Sales 5,629 20.0% 7,000 costs
Slide 9: Q&A
Q&A FINANCIAL TABLES AVAILABLE AT WWW.DOMETIC.COM/EN/SE/ABOUT-US/INVESTORS
Slide 10: Slide 10