Slide 1: Interim Report January-March 2016
Interim Area Report for red ”header 1 2016 box”●(8,09x1,26) Area for ”big and left” picture Area for ”right” picture Position from top left corner: Position from top right corner: Horizontal 0,5 cm Horizontal 0 cm Vertical 0,5 cm Vertical 0,5 cm Lower sales but earnings somewhat above plan, new fina
Slide 2: Agenda
Agenda About us Key events in the quarter Financials Q&A |2
Slide 3: Beijer Electronics — an innovative company within Industrial Automation and Data Communication
Beijer Electronics — an innovative company within Industrial Automation and Data Communication Founded in 1981 Global headquarter in Malmö A global supplier—present in 19 countries R&D facilities in Sweden, Germany, Taiwan and USA 20% of all employees in R&D Own products account for abou
Slide 4: The business is divided in two business areas
The business is divided in two business areas Business IDC IAS area Technology Complementing 3rd COMMUNICATE VISUALIZE - HMI area party products Main products Switches, Routers, Human Machine Control Systems, Ethernet extenders Interface (HMI) Frequency inverters etc. Brands Brand label & Own develo
Slide 5: Agenda
Agenda About us Key events in the quarter Financials Q&A |5
Slide 6: Key events in the quarter
Key events in the quarter New financial targets decided by the Board Westermo - Slow volumes in quarter - Customer activities on high level - Underestimated effect of timing New organization in IAS New sales platform in IAS and some positive signals visible Divestment of activities in Finl
Slide 7: New financial targets for the group
New financial targets for the group These target are that within a 2-3 year timeframe, the group will achieve minimum organic growth of 7% per year, and in the first phase, achieve a minimum EBIT margin of 10%, measured as an average over a business cycle. With the current financial structure, thi
Slide 8: Agenda
Agenda About us Key events in the quarter Financials Q&A |8
Slide 9: Group ― Lower sales and restructuring impacts result as expected
Group Group ― Lower sales and restructuring impacts result as expected (MSEK) Q1 2016 Q1 2015 +/- YTD 2016 YTD 2015 +/- Comments Order intake 265.0 343.5 -22.9% 265.0 343.5 -22.9% Order intake at -23% vs last year Sales 280.5 351.8 -20.3% 280.5 351.8 -20.3% EBITDA -39.6 41.7 -195.0% -39.6 41.7 -19
Slide 10: IAS ― Sales at new platform and restructuring impact
IAS IAS ― Sales at new platform and restructuring impact (MSEK) Q1 2016 Q1 2015 +/- YTD 2016 YTD 2015 +/- Comments Order intake 154.1 220.0 -30.0% 154.1 220.0 -30.0% Order intake at -30% due to leaving Sales 164.2 217.6 -24.5% 164.2 217.6 -24.5% Mitsubishi agreement and Oil & Gas EBITDA -44.8 18.6
Slide 11: IDC ― Lower volumes impact result but target remains
IDC IDC ― Lower volumes impact result but target remains (MSEK) Q1 2016 Q1 2015 +/- YTD 2016 YTD 2015 +/- Comments Order intake 110.9 123.5 -10.2% 110.9 123.5 -10.2% Low orders and sales in the quarter Sales 117.8 136.8 -13.9% 117.8 136.8 -13.9% EBITDA 10.5 23.1 -54.7% 10.5 23.1 -54.7% due to limi
Slide 12: Prospects for 2016
Prospects for 2016 ” Given the lost sales from Mitsubishi Electric’s products, Beijer Electronics is set to return lower sales in the first half year. Overall, Beijer Electronics is expected to generate slightly lower sales and post a somewhat improved operating profit excluding non-recurring items
Slide 13: Agenda
Agenda About us Key events in the quarter Financials Q&A | 13