Exel Composites Oyj · OMXHEX:EXEL
Exel Composites Oyj — FY2020 Earnings Presentation
16 slides from Exel Composites Oyj's earnings presentation, Feb 18, 2021
Slide 1: Financial Statements Review Q1-Q4 2020
Financial Statements Review Q1-Q4 2020 STRONG ORDER INTAKE IN Q4 2020, 2021 STARTS WITH HIGH ORDER BACKLOG
Slide 2: Exel Composites in brief
Exel Composites in brief In 2020, we celebrated Exel’s 60th anniversary At Exel Composites, we use over Company values 60 years’ experience to solve challenges and help customers save resources. Customer focused Our forward-thinking composite solutions made with continuous manufacturing technologies
Slide 3: 2020 highlights
2020 highlights Order intake Revenue Adjusted operating profit Order intake improved as underlying demand Revenue increased driven by Wind Power and Adjusted operating profit increased by almost 40% improved towards the end of the year. Defense customer industries, and regions Asia- compared to the
Slide 4: Order backlog increased to EUR 36.5 million at the end of 2020
Order backlog increased to EUR 36.5 million at the end of 2020 6 Financial Statements Review Q1-Q4 2020
Slide 5: Revenue growth in 2020 driven mainly by volume increase
Revenue growth in 2020 driven mainly by volume increase 1) Volume impact calculated as difference in kilograms of delivered products times prior year average sales price/kg. 7 Financial Statements Review Q1-Q4 2020
Slide 6: In 2020, revenue increased driven by Defense and Wind Power customer industries
In 2020, revenue increased driven by Defense and Wind Power customer industries Revenue by customer industry, Revenue share by customer industry, EUR million % Buildings and Equipment and Wind power Machinery and Transportation Defense Telecommunications infrastructure other industries electrical 8
Slide 7: Region Asia-Pacific showed strong growth in 2020
Region Asia-Pacific showed strong growth in 2020 Revenue by region*, Revenue share by region*, EUR million % Europe North America Asia-Pacific Rest of the world * Revenue by customer location, not by the location of the manufacturing Exel Composites business unit. 9 Financial Statements Review Q1-Q4
Slide 8: Adjusted operating profit increased by 36% in 2020 and was EUR 9.7 million
Adjusted operating profit increased by 36% in 2020 and was EUR 9.7 million The profit impact of the cost savings program completed in 2019, an overall favorable sales mix and operational efficiency improvements across the Group were main factors behind the improvement. 10 Financial Statements Review
Slide 9: Impacts of the Covid-19 pandemic in 2020
Impacts of the Covid-19 pandemic in 2020 For the most part, our factories operated close to normal within the limits of the implemented safety measures. Focus on ensuring the safety of our employees and keeping operations running (reduced external visits, keeping safety distances, use of facial mask
Slide 10: Strategy implementation in 2020
Strategy implementation in 2020 CREATE TRUE GLOBAL BUILD LEADERSHIP FOOTPRINT IN CHINA − New manufacturing facility − Consolidation of completed in Austria organization in China − Stabilizing profitability of the − Improvements in business unit in the United States manufacturing capacity, − Technolo
Slide 11: Return on capital employed at 14.1% in 2020
Return on capital employed at 14.1% in 2020 19.5 Return on equity, % 14.1 Return on investment, % 13 Financial Statements Review Q1-Q4 2020
Slide 12: Earnings per share more than doubled to 0.45 in 2020
Earnings per share more than doubled to 0.45 in 2020 The Board of Directors proposes that a dividend of EUR 0.20 (0.18) per share be paid for the financial year 2020 14 Financial Statements Review Q1-Q4 2020
Slide 13: Exel's long-term financial targets
Exel’s long-term financial targets Growth Profitability Capital efficiency Financial position Return on capital Revenue growth: Adjusted operating profit Net gearing employed 2x market growth 1) margin >10% ≤ 80% > 20% 1) The average annual growth rate estimated for the global composites market is,
Slide 14: Guidance for 2021
Guidance for 2021 Exel Composites expects revenue and adjusted operating profit in 2021 to increase compared to 2020. 16 Financial Statements Review Q1-Q4 2020
Slide 15: More information at www.exelcomposites.com
More information at www.exelcomposites.com Financial calendar 2021 Financial Statements Release 2020 18 February 2021 Business Review Q1 2021 30 April 2021 Half Year Financial Report Q1-Q2 2021 20 July 2021 Business Review Q1-Q3 2021 4 November 2021 Annual General Meeting 23 March 2021 Your IR conta
Slide 16: For Forward Thinkers
FOR FORWARD THINKERS