Slide 1: Lindab Group Q3 2016
lindab | we simplify construction Lindab Group Anders Berg, President and CEO Kristian Ackeby, CFO Q3 2016 We simplify construction
Slide 2: Agenda
lindab | we simplify construction Agenda • Summary and overview • Financials • Highlights • Outlook • Summary and Q&A 2
Slide 3: Summary and overview
lindab | we simplify construction Summary and overview 3
Slide 4: Higher sales and higher operating margin
lindab | we simplify construction Higher sales and higher operating margin Key financial highlights Q3 2016 • Net sales increased to SEK 2,042 m (2,008), organic growth of 4 percent. • Operating profit increased 8.6% to SEK 190 m (175), excluding one-off items of SEK -25 m (30). • Operating margin i
Slide 5: Strong growth in large markets
lindab | we simplify construction Strong growth in large markets ”Products & Solutions show the highest reported sales in a single Growth 46% quarter since 2008. Ireland and Italy have the highest sales ever in a 5% single quarter.” 19% Anders Berg, Growth President and CEO Nordic 0% 33% Growth 5% C
Slide 6: Organic growth in both segments
lindab | we simplify construction Organic growth in both segments Segment/Product areas Trend Comments Products & Solutions Ventilation Products Growth in all regions with particularly strong trend in Nordic region. Indoor Climate Solutions Continued good progress in most of the key markets. Decline
Slide 7: Financials
lindab | we simplify construction Financials 7
Slide 8: Strong organic growth
lindab | we simplify construction Strong organic growth Lindab Group financial highlights Q3 2016 SEK m Q3´16 Q3´15 Chg % • Organic growth in both segments. Net Sales 2,042 2,008 2 • EBIT adjusted for one-off items Organic, % 4 Structure1, % -1 increased with sales growth as key Currency, % -1 drive
Slide 9: Underlying earnings improving
lindab | we simplify construction Underlying earnings improving Lindab Group financial highlights Q3 2016 • Decline in earnings per share in Q3 fully Earnings per share in Q3 explained by impact from one-off items in SEK 1.91 2016 and 2015. +0.21 1.72 • Underlying earnings per share increased SEK 0.
Slide 10: Continued good growth with leverage
lindab | we simplify construction Continued good growth with leverage Products & Solutions financial highlights Q3 2016 SEK m Q3´16 Q3´15 Chg % • Strong sales development in the Net Sales 1,823 1,802 1 Organic, % 3 Nordic region and Western Europe. Structure1, % -1 Currency, % -1 • EBIT increased 9%
Slide 11: Strong sales but disappointing margin
lindab | we simplify construction Strong sales but disappointing margin Building Systems financial highlights Q3 2016 SEK m Q3´16 Q3´15 Chg % • Organic sales increased 9%, large Net Sales 219 206 6 Organic, % 9 shipments to Russia and Africa. Structure1, % 0 Currency, % -3 • Margin negatively affect
Slide 12: Cash flow used to improve net debt
lindab | we simplify construction Cash flow used to improve net debt Lindab Group cash flow Q3 2016 SEK m Q3´16 Q3´15 • Lower investing activities compared to Cash flow from - operating activities1 197 194 prior year and higher cash flow from - change in working capital -42 -38 operating activities.
Slide 13: Highlights
lindab | we simplify construction Highlights 13
Slide 14: Progress towards a more efficient company
lindab | we simplify construction Progress towards a more efficient company Aligning our structure • One-off items SEK 25 m, of which SEK 24 m relates to cost saving activities including plant closures. • Including both cash and non-cash items. • Largest item relates to closure of business and move
Slide 15: Some highlights from the quarter
lindab | we simplify construction Some highlights from the quarter Simplified DCV (Demand controlled ventilation) system for a perfectly sustainable indoor climate Strengthened New range of establishments in compact Air Stockholm Handling Units Lindab in Ireland reaching all time high, driven by Ven
Slide 16: Building Systems largest order
lindab | we simplify construction Building Systems largest order Largest order ever in Building Systems more than 50 years’ of history • Order value of 10,3 MEUR. • Complex of Astron buildings for a new sugar production unit in Algeria. • Including 20 buildings from standard buildings to very advanc
Slide 17: New enhanced version of Lindab Pascal
lindab | we simplify construction New enhanced version of Lindab Pascal Simplified systems for a perfectly sustainable indoor climate • Save ~30 % of the energy compared to traditional demand controlled systems in the market and up to 80% of the energy compared to traditional constant air volume sys
Slide 18: New range of Air Handling Units
lindab | we simplify construction New range of Air Handling Units Lindab Plug & Play Compact Air Handling Units • Perfect solution for smaller non- residential premises. • Keeping it simple with flexible installation in limited spaces. • Optimized price-performance ratio and a new cloud-based contro
Slide 19: Outlook
lindab | we simplify construction Outlook 19
Slide 20: Market development
lindab | we simplify construction Market development Continued slowly improving end market Construction output & sentiment in EU • The European construction market continue to Source: Eurostat & European Commission develop at modest growth levels. • Euroconstruct expect Lindab’s main end market, the
Slide 21: Summary and Q&A
lindab | we simplify construction Summary and Q&A 21
Slide 22: Higher sales and higher operating margin
lindab | we simplify construction Higher sales and higher operating margin Key financial highlights Q3 2016 • Net sales increased to SEK 2,042 m (2,008), organic growth of 4 percent. • Operating profit increased 8.6% to SEK 190 m (175), excluding one-off items of SEK -25 m (30). • Operating margin i
Slide 23: Thank you Q&A
lindab | we simplify construction Thank you “Lindab’s innovative solutions create ultimate comfort in the buildings of the future.” Q&A