Wastbygg Gruppen Ab Class B · OMXSTO:WBGR_B
Wastbygg Gruppen Ab Class B — Q1 2023 Earnings Presentation
16 slides from Wastbygg Gruppen Ab Class B's earnings presentation, May 4, 2023
Slide 1: Interim Report January – March 2023
INTERIM REPORT JANUARY – MARCH 2023 May 4, 2023 HEMTEX, BORÅS
Slide 2: Today's Presenters
TODAY’S PRESENTERS JONAS JÖNEHALL JESSICA GÅRDMO Chief Executive Officer Chief Financial Officer 2
Slide 3: Wästbygg Group A Summary
WÄSTBYGG GROUP A SUMMARY Develop and build sustainable, modern and efficient homes, 595 commercial properties EMPLOYEES MAR 31, 2023 and logistics and industrial properties WÄSTBYGG GROUP LOGISTICS AND RESIDENTIAL COMMERCIAL INDUSTRY Property Management 3
Slide 4: First Quarter 2023 in Brief
FIRST QUARTER 2023 IN BRIEF • Adapted operations and a streamlined offer • Decisions on new orders takes more time • High activity continues among the public sector • Continued unpredictable market and beleaguered profit margins TRÄDGÅRDSLUNDEN, STOCKHOLM 4
Slide 5: First Quarter 2023 Significant Events
FIRST QUARTER 2023 SIGNIFICANT EVENTS • A centrally located property in Malmö with a rentable area of 3,000 sqm was acquired and a lease was signed with Praktiska Sverige AB, a company in AcadeMedia. After being converted, the premises will be used for upper secondary school activities. • Wästbygg G
Slide 6: First Quarter 2023 Key Figures
MATHEM, STOCKHOLM FIRST QUARTER 2023 KEY FIGURES SEK 1.4 bn 1.6% Revenue Jan-Mar 2023 EBIT margin Jan-Mar 2023 MSEK 328 SEK 4.8 bn Order intake Jan-Mar 2023 Order backlog Mar 31, 2023 DISTRIBUTION OF REVENUE – JAN-MAR 2023 32% 32% Residential 29% Construction Commercial 71% Project Development Logis
Slide 7: Residential
RESIDENTIAL SEGMENT DEVELOPMENT • Focus on multi dwelling buildings (condominiums and rental apartments) and student housing. • Construction and project development. PRODUCTION, NUMBER OF FLATS Completed during the first quarter 61 Ongoing March 31 2,045 – of which construction 1,346 CITYTERRASSEN,
Slide 8: Commercial
COMMERCIAL SEGMENT DEVELOPMENT • Focus on commercial properties including retail, offices, community service properties and hotels. • Construction and project development. PRODUCTION, NUMBER OF SQM Completed during the first quarter 0 Ongoing March 31 157,240 – of which construction 154,440 CARLSLUN
Slide 9: Logistics and Industry
LOGISTICS AND INDUSTRY SEGMENT DEVELOPMENT • Focus on larger logistics and industrial buildings under the brand of LC. • Construction and project development. PRODUCTION, NUMBER OF SQM Completed during the first quarter 46,000 Ongoing March 31 375,500 – of which construction 286,500 HEMTEX, BORÅS –
Slide 10: Order Intake and Backlog Since 2019
ORDER INTAKE AND BACKLOG SINCE 2019 SEASONALITY WITH STRONG ORDER INTAKES IN Q2 AND Q4 Order intake Order backlog Revenue DISTRIBUTION OF (LHS) (RHS) (RHS) ORDER BACKLOG 3 000 7 000 6 000 2 500 5 000 25% 31% 2 000 4 000 44% 1 500 3 000 1 000 2 000 Residential 500 Commercial 1 000 Logistics & industr
Slide 11: Medium Term Financial Targets
MEDIUM TERM FINANCIAL TARGETS TARGET OUTCOME CF FROM OPERATING ACTIVITIES (SEKM) Annual growth target 10% 22.4% over time CAGR’20-LTM • Continuous profitable growth • Continued focus on risk avoidance and profitability in every project EBIT margin >6% 1.3% MAR 23-LTM • Build a balanced portfolio of
Slide 12: Linked to Sustainability
LINKED TO SUSTAINABILITY GREEN SHARES (%) 20201 20212 20223 Mar 20233 DIVERSITY, END OF PERIOD (%) 2020 2021 2022 Mar 2023 100 50 PROPORTION OF WOMEN 40 75 40 40 40 77 79 76 77 80 40 74 74 76 30 65 65 65 68 50 29 20 26 27 27 24 19 21 21 25 10 0 0 REVENUE OPERATING ORDER BACKLOG, END TOTAL EXECUTIVE
Slide 13: Selected New Orders
SELECTED NEW ORDERS AFTER 31 MARCH 2023 • Logistic Contractor signed a conditioned agreement with H2 Green Steel for construction of a facility for the production of green steel in Boden. The agreement regards a building with an area of about 150,000 sqm, and the project is valued at approx. SEK 1.7
Slide 14: Summary
SUMMARY • Adapted operations and a streamlined offer • Continued strong equity ratio and an increase in revenues • Unpredictable and hard to analyze market • Focus on restoring strong profitability 14
Slide 15: Q&A
Q&A JONAS JÖNEHALL JESSICA GÅRDMO Chief Executive Officer Chief Financial Officer 15
Slide 16: Thank You!
Next interim report: August 22, 2023 THANK YOU! 16