Lindab International Ab · OMXSTO:LIAB
Lindab International Ab — Q4 2018 Earnings Presentation
20 slides from Lindab International Ab's earnings presentation, 2019
Slide 1: Lindab Group Q4 2018
lindab | we simplify construction Lindab Group Q4 2018 Ola Ringdahl – President and CEO Malin Samuelsson – CFO
Slide 2: Agenda
Agenda • Summary and overview • Financials • Highlights • Outlook • Summary and Q&A
Slide 3: Summary and overview
Summary and overview ©Lindab’
Slide 4: Key highlights Q4 2018
Key highlights Q4 2018 Continued sales growth and improved profitability +9% SEK 173m SEK 106m Net sales increased to SEK 2,384 m (2,185) Adj. operating profit SEK 173 m (119) Profit for the period increased to SEK 106 m (84). and adj. operating margin 7.3% (5.4) Earnings per share increased to SEK
Slide 5: Good sales development in all major regions
Good sales development in all major regions Growth 46% 6% CEO comments ”All European regions had good organic growth, particularly in the CEE/CIS region followed by the Nordic Nordics” Growth 9% 20% Ola Ringdahl, President and CEO Growth 32% 5% CEE/CIS Western Europe 5 Note: Information refers to sh
Slide 6: Solid growth in most product areas
Solid growth in most product areas Segment/Product areas Growth Comments Q4 2018 Products & Solutions Continued good sales development with particularly strong growth in the Nordics and the CEE/CIS Ventilation Products region. Indoor Climate Solutions Overall solid growth with strong sales developme
Slide 7: Financials
Financials ©Lindab’
Slide 8: Lindab Group financial highlights Q4 2018
Lindab Group financial highlights Q4 2018 Strengthened profitability in both segments Key figures • Net sales increased organically by 5% to SEK 2,384 m SEK m Q4´18 Q4´17 Chg % (2,185). Net Sales 2,384 2,185 9 • EBIT margin increased mainly as a result of sales growth Organic, % 5 but also improved
Slide 9: Products & Solutions financial highlights Q4 2018
Products & Solutions financial highlights Q4 2018 Organic growth and improved profitability Net Sales, SEK m • Net sales increased to SEK 2,123 m (1,959) with organic growth of 4%. • Continued good growth with particularly strong sales development in the Nordics and the CEE/CIS region. 0 Quarter Q1
Slide 10: Building Systems financial highlights Q4 2018
Building Systems financial highlights Q4 2018 Continued turnaround according to plan Net Sales, SEK m • Net sales increased to SEK 261 m (226) with organic growth of 13%. • EBIT margin improvement mainly explained by higher sales and strengthened gross margin. Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 0 Quarter R 12M
Slide 11: Lindab Group cash flow Q4 2018
Lindab Group cash flow Q4 2018 Strong cash flow 2nd half of 2018 Cash flow operating activities, SEK m • Adjusted free cash flow amounted to SEK 198 m (326) in Q4. • The relatively lower cash flow generated in Q4 is mainly explained by changes in working capital, in particular accounts payable and s
Slide 12: Lindab Group financial highlights full year 2018
Lindab Group financial highlights full year 2018 A year with strong sales growth and Key figures gradual profitability improvement • Net sales increased organically with 8% to SEK 9,326 m SEK m 2018 2017 Chg % (8,242). Net Sales 9,326 8,242 13 • EBIT margin mainly explained by higher sales and Organ
Slide 13: Highlights
Highlights ©Lindab’
Slide 14: Highlights: Building Systems
Highlights Building Systems • During the quarter Building Systems received four orders above SEK 10 m. • Our investment in the Prerov facility (CZ) delivered its first project that was fully engineered and produced from the site. - Parking garage in Schwertberg, Austria - Details: Value: 1.3 MEUR. C
Slide 15: Highlights: Products & Solutions
Highlights Product & Solutions • Lindab will deliver an energy-efficient building to Catena, totaling 11,000 square meters, to their new logistics area located in Helsingborg. • Lindab will deliver sandwich panels to the walls and high profile to the roof and doors. • The building is expected to be
Slide 16: Outlook
©Lindab’
Slide 17: Market development
Market development Increased market uncertainty but still good overall demand Construction Output & Sentiment in EU Source: Eurostat and European Commission • The European economy is currently experiencing a slowdown in growth rate of both GDP and industrial order bookings. Consumer confidence has a
Slide 18: Summary and Q&A
Summary and Q&A ©Lindab’
Slide 19: Key highlights Q4 2018
Key highlights Q4 2018 Continued sales growth and improved profitability +9% SEK 173m SEK 106m Net sales increased to SEK 2,384 m (2,185) Adj. operating profit SEK 173 m (119) Profit for the period increased to SEK 106 m (84). and adj. operating margin 7.3% (5.4) Earnings per share increased to SEK
Slide 20: Thank you Q&A
Thank you Q&A