Slide 1: Positive Development of Sales and Profit—Record Year for IDC
Interim Report Area for red 4 2014 ● box” ”header (8,09x1,26) Positive Development of Sales and Profit—Record Year for IDC JANUARY—DECEMBER 2014 |1
Slide 2: Beijer Electronics — an innovative company within industrial automation
Beijer Electronics — an innovative company within industrial automation Founded in 1981 Present in 19 countries A global supplier of industrial automation and communication solutions R&D facilities in Sweden, Germany, Taiwan and USA 20% of all employees in R&D Own products account for mo
Slide 3: Agenda
Agenda Highlights Financials Summary and Q&A |3
Slide 4: Highlights 2014
Highlights 2014 Vehicle business divested in USA — better focus on core business Market launch of several key products (Wireless switches, Westermo enhanced software, rugged HMIs) IDC growth plan approved — 188 MSEK investment over a 3-year period to result in a doubled turnover in 2017 with c
Slide 5: Highlights in the Quarter
Highlights in the Quarter Improvement program IAS is under implementation and developing according to plan The approved investments in IDC of 188 MSEK have been initiated by recruiting several R&D resources Adjusted order intake in the quarter is up 10% |5
Slide 6: Agenda
Agenda Highlights Financials Summary and Q&A |6
Slide 7: Financial Performance
Interim Report ● 4 2014 Financial Performance JANUARY—DECEMBER 2014
Slide 8: Since Q1, 2014, Beijer Electronics reports in two Business Areas
Since Q1, 2014, Beijer Electronics reports in two Business Areas As of Q1, 2014, Beijer Electronics changed the structure of the external reporting into two business areas ― Industrial Data Communication (IDC) and Industrial Automation Solutions (IAS) The change was made to be more in line with
Slide 9: Continued good development in order intake, up 10% adjusted for Vehicle divestment
Group Continued good development in order intake, up 10% adjusted for Vehicle divestment (MSEK) Q4 2014 Q4 2013 +/- YTD 2014 YTD 2013 +/- Comments Order intake 358.7 352.4 1.8% 1,398.2 1,401.6 -0.2% Adjusted for the Vehicle divestment, order intake is up 10% in the quarter and 4% YTD Continued s
Slide 10: Group ― Unsatisfactory profitability as a result of one time costs and restructuring in Q4
Group Group ― Unsatisfactory profitability as a result of one time costs and restructuring in Q4 (MSEK) Q4 2014 Q4 2013 +/- YTD 2014 YTD 2013 +/- Comments Sales 365.4 366.3 -0.2% 1,401.6 1,376.2 1.8% EBITDA 30.1 36.4 -17.3% 178.6 151.3 18.0% Sales up 9% in Q4 and 6% YTD adjusted EBITDA % 8.2% 9.9%
Slide 11: Business area Industrial Automation Solutions' market offer is based upon easy to use HMIs
Business area IAS Business area Industrial Automation Solutions’ market offer is based upon easy to use HMIs and automation products
Slide 12: IAS ― Turnaround program on-going to restore profitability in 2015
IAS IAS ― Turnaround program on-going to restore profitability in 2015 (MSEK) Q4 2014 Q4 2013 +/- YTD 2014 YTD 2013 +/- Comments Order intake 225.5 241.2 -6.5% 905.4 971.0 -6.8% Sales 229.4 256.2 -10.5% 923.2 970.9 -4.9% Adjusted for Vehicle, orders are up 5% EBITDA 11.2 17.8 -37.1% 108.2 85.7 26.
Slide 13: Business area Industrial Data Communication provides a full range of rugged data communication products
Business areabox” Area for red ”header IDC(8,09x1,26) Area for big/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 Business area Industrial Data Communication provides a full range
Slide 14: IDC ― A new record year for IDC, 18% sales growth
IDC IDC ― A new record year for IDC, 18% sales growth (MSEK) Q4 2014 Q4 2013 +/- YTD 2014 YTD 2013 +/- Comments Order intake 133.2 111.2 19.8% 492.8 430.6 14.4% Sales 135.9 111.1 22.3% 483.0 409.0 18.1% Record year for both Westermo and EBITDA 20.6 17.1 20.5% 85.3 64.3 32.7% Korenix EBITDA % 15.2%
Slide 15: Agenda
Agenda Highlights Financials Summary and Q&A | 15
Slide 16: Summary 2014
Summary 2014 Order intake (adjusted Vehicle divestment) +10% in Q4 and +4% YTD Order intake Sales (adjusted Vehicle divestment) +9% in Q4 and +6% YTD & sales Sales 365.4 MSEK in Q4 and 1,401.6 MSEK YTD Improvement program in IAS is progressing according to plan and expected to improve the IA
Slide 17: Q&A
Q&A ELECTRONICS
Slide 18: Thank you!
Thank you! Beier ELECTRONICS