Ratos Ab Class A · OMXSTO:RATO_A

Ratos Ab Class A — Q4 2012 Earnings Presentation

12 slides from Ratos Ab Class A's earnings presentation, Feb 15, 2013

  1. Slide 1: CEO Susanna Campbell

    CEO Susanna Campbell Telephone conference 15 February 2013 1

  2. Slide 2: Q4 2012 – more stable

    Q4 2012 – more stable  More stable market conditions  Action programmes having effect  Better quarter for the holdings  Banking market still functioning well  High level of transaction activity  Brighter economic signals – better towards end of 2013? 2

  3. Slide 3: Better, but mixed, in holdings

    Better, but mixed, in holdings  More stable market conditions  Lower sales  Improved earnings in Q4, 9 of 17 companies better  Action programmes having effect  Still well prepared  Additional cost-cutting programmes 3

  4. Slide 4: Performance in holdings Q4

    Performance in holdings Q4 Total Ratos’s share Sales -8% -8% EBITA +1% 0% EBITA excluding items affecting comparability +1% 0% EBT na na EBT excluding items affecting comparability -32% -31% 4

  5. Slide 5: Performance in holdings 2012

    Performance in holdings 2012 Total Ratos’s share Sales -2% -2% EBITA -16% -15% EBITA excluding items affecting comparability -12% -11% EBT -81% -74% EBT excluding items affecting comparability -22% -19% 5

  6. Slide 6: Better, but mixed, in holdings

    Better, but mixed, in holdings Adjusted earnings development Q4 + ±0 - Biolin Scientific Euromaint AH Industries Bisnode SB Seating Arcus-Gruppen Contex Group Stofa DIAB Finnkino Inwido GS-Hydro KVD Kvarndammen Hafa Bathroom Group Mobile Climate Control HL Display Jøtul 6

  7. Slide 7: Overall view of performance

    Overall view of performance Arcus-Gruppen Biolin Scientific AH Industries Bisnode Contex DIAB Finnkino Euromaint Jøtul GS-Hydro Hafa Bathroom Group HL Display Inwido KVD Kvarndammen SB Seating Mobile Climate Control Stofa 7

  8. Slide 8: Economic outlook 2013

    Economic outlook 2013  Cautiously positive signals - Emerging markets - USA  Gradual recovery 2013  Risks on downside  Europe lagging 8

  9. Slide 9: More action in transaction market 2013?

    More action in transaction market 2013?  Nordic banking market functioning well - Plenty of capital - Selective - Willing to finance acquisitions  Indications of increased activity 2013 - More stable market conditions - Will deals reach completion?  Many companies in pipeline 9

  10. Slide 10: High transaction activity for Ratos

    High transaction activity for Ratos  Transactions 2012 - Anticimex - Arcus add-on - Lindab - Stofa - Contex - Aibel  High quality deal flow  Dividend SEK 3 per share  Access to capital central 10

  11. Slide 11: Aibel

    Aibel  Leading Norwegian supplier of services related to oil, gas and renewable energy  EV approx. NOK 8.6 billion, Ratos to provide approx. NOK 1.4 billion (32% holding)  Co-owner with Ferd and Sixth AP Fund  Attractive market with good growth opportunities  Maintenance relatively non-cyclical

  12. Slide 12: 2013 for Ratos

    2013 for Ratos  Significant exposure to Nordic region and Western Europe  Brighter at the end of 2013?  Still well prepared  Prospects of improved earnings in the holdings – main emphasis on second half 12

Ratos — Q4 2012 Earnings Presentation on 6ix