Elanders Ab Class B · OMXSTO:ELAN_B
Elanders Ab Class B — Q1 2024 Earnings Presentation
18 slides from Elanders Ab Class B's earnings presentation, Apr 19, 2024
Slide 1: Quarterly Report January – March 2024
19 April 2024 Quarterly Report January – March 2024
Slide 2: Elanders today
Elanders today Americas Europe Asia ~20% ~65% ~15% Share of net sales Share of net sales Share of net sales ~1,000 ~5,700 ~1,300 Employees Employees Employees Group ~15 ~100 ~20 ~1.4 Locations Locations Locations Annual net sales, EUR billion >8,000 >125 Employees Locations ~20 Countries 2
Slide 3: Elanders’ customer segments
Elanders’ customer segments Our customer segments’ approximate share of total net sales* 27% 25% 20% 12% 4% 12% Fashion Electronics Automotive Industrial Health Care Other *As a percentage of rolling 12 months total net sales as of March 31, 2024 3
Slide 4: Operational highlights and financials Q1, 2024
Operational highlights and financials Q1, 2024 4
Slide 5: First quarter 2024
First quarter 2024 A challenging market ● As expected, the first quarter was challenging with a continued weakened demand from several customers. ● The decline was mainly related to customers with exposure towards consumers Negative organic growth as a result of weaker demand but also a continue
Slide 6: Supply Chain Solutions
First quarter 2024 Supply Chain Solutions Challenging quarter for Supply Chain Solutions Key figures Q1 2024 Q1 2023 ● Negative organic growth of 9%, mainly due to a weaker Net sales, SEK million 2,627 2,903 demand from our customers exposed to consumable goods and durable goods. EBITA adjusted, SEK
Slide 7: Print & Packaging Solutions
First quarter 2024 Print & Packaging Solutions Improved profitability in Print & Packaging Solutions Key figures Q1 2024 Q1 2023 ● Margins improved significantly despite negative organic Net sales, SEK million 679 719 growth of 7%. ● Continued growth in online print combined in combination EBITA adj
Slide 8: Customer segments
Customer segments 27% Demand declined with roughly 20%, two new major customers will be FASHION ramping up during the second quarter. ELECTRONICS 25% Demand continues to gradually improve, organic growth in the quarter of 4%. AUTOMOTIVE 20% After a weak start in the beginning of the quarter, the dem
Slide 9: The acquisition of Bishopsgate
The acquisition of Bishopsgate ⚫ Yearly sales of around MGBP 27 with double-digit EBITA margin. ⚫ The company has four sites in England, one facility in Scotland and one partner in Ireland. ⚫ They are market leader in the UK when it comes to specialized distribution of technical equipment including
Slide 10: Going forward
Going forward Despite a very challenging first quarter, we expect demand to gradually improve during the year as a result of a recovery from existing customers, newly acquired customers and a large number of ongoing enquiries. In combination with a high level of activity on the sales side, we ar
Slide 11: Questions?
Questions? u ~@ elanders GROUP
Slide 12: This is Elanders
This is Elanders HQ Gothenburg, Two business Global operations Sweden areas ~1.4 ~8,000 Annual net sales, EUR billion Number of employees 80% >125 ~2,000,000 Supply Chain Solutions NASDAQ OMX Locations, total m2 of production and warehouse space Stockholm 20% ~20 Number of countries, presence Print
Slide 13: Elanders’ business proposal
Elanders’ business proposal 1 2 3 4 5 We develop efficient With our global We have a very Our deep integration When it comes to end-to-end solutions footprint we can offer entrepreneurial into our clients sustainability we that makes life easier both local and approach to processes makes us a always
Slide 14: Balanced mix of high-growth and durable customer segments
Balanced mix of high-growth and durable customer segments CUSTOMER SEGMENTS KEY HIGHLIGHTS Customer segment Growth opportunity Cyclicality Automotive Fashion 20% 27% Fashion High Medium Electronics High Medium Automotive Medium High Industrial 12% Industrial Medium High Other Health Care High Low 12
Slide 15: Our end-to-end solution
Our end-to-end solution Diversified customer base channelled into unified processes creates opportunities for multi-sites and knowledge sharing which benefits our clients. Procurement & Inbound Services Automotive Electronics Consumers Retail Elanders’ Recipients customer segments Production & Assem
Slide 16: Elanders' growth opportunities
Elanders' growth opportunities Target group Elanders USP OMNICHANNEL / CloudX, proprietary E-COMMERCE Multi-channel sales B2B & B2C global WMS-system LIFE CYCLE Network solution with Manage a product’s B2B & B2C own and external MANAGEMENT lifecycle partners OUTSOURCING Contract logistics B2B Global
Slide 17: Sustainability – timeline and goals
Sustainability – timeline and goals Goals 2023 2024 2025 2030 2040 2050 Elanders signs on to Elanders committed to Implementation of Elanders will Operations aligned with Scope 1 and scope 2 The Group will have the United Nations setting climate targets in the new EU send, at the the 1.5 degree targ
Slide 18: Elanders
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