Sitowise Group Oyj · OMXHEX:SITOWS
Sitowise Group Oyj — Q1 2021 Earnings Presentation
20 slides from Sitowise Group Oyj's earnings presentation, May 19, 2021
Slide 1: Growth continues, order book at a record level
Growth continues, order book at a record level SITOWISE GROUP PLC Q1 INTERIM REPORT 19 MAY 2021 1
Slide 2: Agenda
Agenda 1. Vision and long-term targets 2. Q1 Key takeaways 3. Q1 Key figures 4. Business highlights 5. Outlook & strategy CEO CFO Pekka Eloholma Heidi Karlsson 6. Q&A 2
Slide 3: Our vision: The most responsible partner in developing a prosperous living environment
OUR VISION The most responsible partner in developing a prosperous living environment
Slide 4: Long-term financial targets
Long-term financial targets Sitowise Group has not published a guidance for 2021. The Board of Directors has set the following long-term financial targets: GROWTH PROFITABILITY LEVERAGE DIVIDEND Annual net sales Adjusted EBITA Net debt / 30–50% growth of over margin of at least Adj. EBITDA of net pr
Slide 5: Key takeaways │ Q1 2021
Key takeaways │ Q1 2021 • Order book increased by 12 percent due to successful tender work and supported by market recovery that continued in Q1. • Net sales increased by 7 percent, driven by acquisitions made after the comparison period. • Adjusted EBITA was 11.0 (12.9) percent of net sales. • Net
Slide 6: Listing was a significant step on our growth journey
Listing was a significant step on our growth journey “ More than half of our staff are also our shareholders. Tradition of ownership has long roots in Supporting our Expanding our Sitowise, growth and shareholder and this trust provides a strenghtening our base balance sheet solid foundation for ent
Slide 7: Key figures │ Q1 2021
Key figures │ Q1 2021 EUR million 1-3/2021 1-3/2020 Change 1-12/2020 Net sales 42.8 40.0 6.9% 160.1 EBITA, adjusted 4.7 5.2 -8.4% 20.6 % of net sales 11.0% 12.9% 12.9% EBITA 4.1 4.9 -16.4% 19.5 Operating profit 3.7 4.6 -20.5% 18.3 Cash flow from operating activities 6.4 8.5 -25.7% 31.5 before financ
Slide 8: Order book at record level, growth continued
Order book at record level, growth continued Order book Net sales Profitability EUR million EUR million EUR million +12% +7% 133 43 42 43 16.6% 119 40 117 115 115 34 12.9% 12.8% 43 42 43 40 11.0% 34 9.2% 7.2 5.2 4.7 4.4 3.9 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q1/20 Q2/20 Q3/2
Slide 9: Objective to strengthen balance sheet was achieved
Objective to strengthen balance sheet was achieved Total equity Equity ratio % 46.0 104 • Equity strengthened by EUR 37 30.2 67 million resulting to equity ratio increase by 16 p.p. to 46% 31 Dec 2020 31 Mar 2021 31 Dec 2020 31 Mar 2021 • Net debt declined by EUR 26 million Net debt / Net debt adjus
Slide 10: Objective to expand our shareholder base was achieved
Objective to expand our shareholder base was achieved Owner # of shares % of shares Country 1. Intera Fund III Ky 4,533,380 13.1 % 2. Capital Group Companies, Inc. 2,042,482 5.9 % 3. Lannebo Fonder AB 1,829,268 5.3 % 4. Ilmarinen Mutual Pension Insurance Company 1,707,317 4.9 % 5. Didner & Gerge Små
Slide 11: Sitowise’s four strong business areas
Sitowise’s four strong business areas Buildings Sweden The services cover the entire life cycle of Building design services (including structural engineering) for building and buildings, from the early planning stage of a new construction to maintenance 17% infrastructure sectors. and renovation. 42
Slide 12: Solid performance across all business areas
Solid performance across all business areas -3% 18.9 Figures in EUR million 18.5 17.9 18.0 +4% 15.5 15.1 14.2 13.7 13.2 11.7 +45% 7.4 +13% 6.3 5.7 5.1 4.0 3.7 3.9 3.3 3.5 3.3 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 20 20 20 20 21 20 20 20 20 21 20 20 20 20 21 20 20 20 20 21 Build
Slide 13: Business area highlights │ Q1 2021
Business area highlights │ Q1 2021 Buildings Infrastructure Digital solutions Sweden • Order book on the highest • Order book increased • Order book at all time high • The order book increased at level in history at the end of significantly throughout Q1 • Demand for digital solutions in the end of
Slide 14: Projects│Q1 2021
Projects│Q1 2021 Client Skanska Talonrakennus Oy Finnish Transport Finnish Transport Hemsö Infrastructure Agency Infrastructure Agency Project Kutomotie, residential building Espoo–Salo direct rail line Railway information system Nya Novum (part of One Hour Train) development Duration 2021-2023 2021
Slide 15: Continuous focus on customers and sustainability
Continuous focus on customers and sustainability 94 % +10% of customers feel that the improvement in our client Own Sustainability tool for covid19-pandemic has satisfaction (NPS) projects published on Voima- not affected the success of compared to the previous platform. Sitowise’s services. year. 1
Slide 16: Acquisitions supporting our strategy
Acquisitions supporting our strategy Over Specializing in cloud and mobile development as well as security information system solutions 50 acquisitions during the past decade have brought us significant expertise and HPAC design and engineering experience in acquiring and integrating new Finland's m
Slide 17: Strategy going forward
Strategy going forward 1 Focus on organic 2 Continuous 3 Strengthening 4 Expanding in 5 Continuing of growth, internal strengthening of competence in Sweden and selected efficiency and expertise and growth Digital solutions possibly other acquisitions strong profitability in selected customer and ut
Slide 18: Market outlook
Market outlook Urbanization Renovation backlog Digitalization Sustainability • Stable long-term demand growth on design and consulting services to create sustainable societies. The growing demand is driven by megatrends. • In the short-term, there is some uncertainty related to market development as
Slide 19: Q&A
Q&A 19
Slide 20: Q2 interim report will be published in August 2021
Q2 interim report will be published on 25 August 2021 (please note date changed, previously 18 August 2021) SITOWISE.COM – THE SMART CITY COMPANY 20