Pricer Ab Class B · OMXSTO:PRIC_B
Pricer Ab Class B — Q3 2024 Earnings Presentation
15 slides from Pricer Ab Class B's earnings presentation, Oct 24, 2024
Slide 1: Q3 January – September 2024
Q3 January – September 2024 Magnus Larsson President and CEO Claes Wenthzel CFO Stockholm, Sweden, October 24, 2024 1 1
Slide 2: Vision: Retail's first choice in in-store automation and communication
Vision: Retail’s first choice in in-store automation and communication
Slide 3: Pricer in brief
Pricer in brief 310+ Million 200 Labels Deployed Employees 40 Million 70+ Labels Yearly Countries 25000+ 11 Stores Office Locations 3500+ 25+ Million Stores on Plaza Labels on Plaza © 2024 PRICER 3
Slide 4: Market development
Market development Few markets contributing to the strong growth in the ESL 1 and display market, penetration rate still only around 10% Retailers’ wish to digitize is driven by a need to create 2 efficiency, thereby reducing costs as well as increasing the customer basket and customer experience in
Slide 5: A market is taking off
A market is taking off Drivers: • Digital transformation - expansion of omnichannel retailing • Cost reduction and operational efficiency • Technological advancements in retail tech Market status: • Retailers in early/mid-stage ESL solution implementation move towards full chain deployment • Major N
Slide 6: Pricer transformation strategy (2022-2025)
Pricer transformation strategy (2022-2025) Phase 3 Phase 1 Phase 2 Phase 4 Transformation New Go-to- Secured strategy to Operational Market financing to enable excellence and strategy to allow fast profitable higher growth achieve growth growth growth 2022 2023 2024 2025 New Share issue CEO 257 MSEK
Slide 7: Q3 2024
Q3 2024 7
Slide 8: Sales and gross margin development
Sales and gross margin development Order intake Order backlog 801 22,8% 22,1% 661 613 626 19,1% 972 696 687 18,0% 18,1% 17,7% 542 538 534 670 147 493 644 16,6% 16,6% 142 464 490 622 614 15,5% 15,8% 16,0% 136 422 576 571 128 394 530 707 110 112 678 668 108 466 648 95 581 90 551 546 88 523 532 84 498
Slide 9: R12 EBIT & Net profit development
R12 EBIT & Net profit development Adjusted EBIT (SEKm) Net Profit (SEKm) Adjusted EBIT margin % 7% 4% 5% 2% 2% 3% 1% 1% 1% 1% 1% 193 136 108 84 70 52 49 52 41 33 21 21 23 17 10 6 5 8 -13 -11 -24 -34 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 9
Slide 10: Profit & Loss statement
Profit & Loss statement Q3 Q3 9 mos 9 mos Amount in SEK M 2024 2023 2024 2023 Net sales 613,8 621,9 1 928,0 1 880,6 Cost of goods sold -478,3 -509,5 -1 517,1 -1 567,9 Gross profit 135,5 112,4 410,9 312,7 Selling expenses -46,7 -49,4 -153,9 -163,6 Administrative expenses -25,0 -36,3 -89,7 -110,0 Rese
Slide 11: Cash flow from operating activities
Cash flow from operating activities Comments • Strong EBITDA development have positive effect on cash-flow from operating activities • Inventory build-up to manage expected deliveries and growth had negative effect on cash flow from changes in working capital • Termination of previous factoring has
Slide 12: Summarizing Q3 2024
Summarizing Q3 2024 1 Strong Order Intake in the French, Pacific, Nordic, Benelux and US markets offset by a decline in Canada 22.1% Gross margin Net Sales in the Nordic, Italian, Benelux and US markets 2 show good growth in the quarter 3 Gross margin continue to be strong following continued work t
Slide 13: Investment highlights
Investment highlights 1 2 Leading company in retail tech Market growth about to take off • Competitive offering with low TCO and • Multiple challenges make retailers poised to fastest ROI for customers digitize to stay competitive • Solid retail tech platform moving from Saas- • Large retail chains
Slide 14: Q&A
Q&A 14
Slide 15: 15
15