Slide 1: Telephone conference
Telephone conference Lars Johansson 19 August 2016
Slide 2: An eventful first six months
An eventful first six months ▪ Growth as an effect of completed initiatives ▪ Lower earnings mainly due to the weak performance of GS-Hydro ▪ Change of CEO ▪ New attractive investments ▪ Strong financial position ▪ Outlook for 2016 2016-08-19 2
Slide 3: Changed company portfolio with growth potential
Changed company portfolio with growth potential Sales breakdown by segment* at 30 June 2016 Net sales trend* at 30 June 2016 (Local currency) Healthcare/Life Science Real estate % 3% [PROCENT] 60 Business service 50 [PROCENT] Construction [PROCENT] 40 30 Technology, Media, 20 Telecom 12% 10 0 -10 -2
Slide 4: Sales growth in unchanged market situation
Sales growth in unchanged market situation ▪ Unchanged and generally stable market situation in the Nordic region ▪ Continued uncertainty in the offshore market ▪ Focus on growth initiatives ▪ Attractive segments with strong structural growth +8% Sales growth * Adjusted for the size of Ratos’s holdi
Slide 5: Performance by the companies Q2 2016
Performance by the companies1) Q2 2016 100% Ratos’s share Sales in the 9,429 +18% 6,101 +11% portfolio EBITA 354 -32% 270 -23% in the portfolio Adjusted EBITA2) 560 -1% 360 -6% in the portfolio 1) Comparison with corresponding period last year and for comparable units. 2) Excluding items affecting c
Slide 6: Performance in the companies Jan-Jun 2016
Performance in the companies1) Jan-Jun 2016 100% Ratos’s share Sales in the 17,385 +12% 11,623 +8% portfolio EBITA 641 -32% 460 -26% in the portfolio Adjusted EBITA2) 973 -6% 624 -9% in the portfolio 1) Comparison with corresponding period last year and for comparable units. 2) Excluding items affec
Slide 7: Focus on value-creating initiatives
Focus on value-creating initiatives +8% ▪ Restructuring and layoffs to boost Sales trend in the portfolio competitiveness ▪ Increased production efficiency to improve profitability -26% ▪ Growth initiatives through geographic Reported EBITA trend expansion and increased market presence ▪ Initiative
Slide 8: Company overview – development status
Company overview – development status GOOD DEVELOPMENT DEVIATIONS CHALLENGES ArcusGruppen Aibel MID CAP Diab Bisnode HENT HL Display KVD Ledil Mobile Climate Control Nebula 62% Share of adjusted EBITA 31% Share of adjusted EBITA SMALL CAP airteam Biolin Scientific AH Industries Serena Properties Eur
Slide 9: Company overview – development status
Company overview – development status GOOD DEVELOPMENT DEVIATIONS CHALLENGES Sales +19% Sales +6% MID CAP EBITA +13% EBITA -45% Adj. EBITA +15% Adj. EBITA 0% Adj. EBITA margin +7.0% (7.1) Adj. EBITA margin +5.8% (6.1) 62% Share of adjusted EBITA 31% Share of adjusted EBITA SMALL CAP Sales +21% Sales
Slide 10: High activity level in the transaction market
High activity level in the transaction market ▪ Continued good access to bank financing ▪ Ratos maintained a strong financial position ▪ High activity level in acquisition activities − airteam acquired in February − Oase Outdoors acquired in June − Gudrun Sjödén Group acquired in July 2016-08-19 10
Slide 11: Acquisition of camping and outdoor equipment company Oase Outdoors
Acquisition of camping and outdoor equipment company Oase Outdoors ▪ Agreement to acquire 80% of shares Facts about Oase Outdoors signed in June – EV DKK 380m (100%) Sales 2014/15 EBITA 2014/15 DKK 266m DKK 36m ▪ Danish family-owned company that No. of employees 70 Ratos’s holding 80% Head office Gi
Slide 12: Acquisition of design company Gudrun Sjödén Group
Aquisition of design company Gudrun Sjödén Group ▪ Agreement to acquire 30% of shares Facts about Gudrun Sjödén Group signed in July – EV SEK 725m (100%) Sales 2015 SEK 715m EBITA 2015 SEK 76m ▪ International design company with a No. of employees Ratos’s holding 400 30% unique, colourful style and
Slide 13: Outlook for 2016
Outlook for 2016 ▪ Cautious macroeconomic view with shifting market trend ▪ High activity level in the transaction market ▪ Adjustment of expectations from a cautiously positive view of the earnings trend to a slight decline in earnings compared with the year- earlier period 2016-08-19 13
Slide 14: An eventful first six months
An eventful first six months ▪ Growth as an effect of completed initiatives ▪ Lower earnings mainly due to the weak performance of GS-Hydro ▪ Change of CEO ▪ New attractive investments ▪ Strong financial position ▪ Outlook for 2016 2016-08-19 14
Slide 15: 150 years of entrepreneurship, operational development and community involvement
150 years of entrepreneurship, operational development and community involvement