Pricer Ab Class B · OMXSTO:PRIC_B
Pricer Ab Class B — Q1 2021 Earnings Presentation
10 slides from Pricer Ab Class B's earnings presentation, Apr 23, 2021
Slide 1: First quarter of 2021 Financial result Jan – Mar 2021
First quarter of 2021 Financial result Jan – Mar 2021 Helena Holmgren President & CEO Stockholm, Sweden, April 23, 2021
Slide 2: First quarter 2021 summary
First quarter 2021 summary • Continued high activity with growth in several geographical markets • Strong positive trend of small- and midsized customer projects • Large ongoing customer projects in USA, Canada, Netherlands, and Norway progressed according to plan • Orders received under previously
Slide 3: First quarter financials; Continued high growth in multiple markets
First quarter financials; Continued high growth in multiple markets • Net sales of 393 MSEK, +74% compared with Q1 of 2020 • Top 3 contributors; • France • Canada • USA 3 ©2021 Pricer
Slide 4: First quarter financials; Accelerating market demand following COVID-19
First quarter financials; Accelerating market demand following COVID-19; need for automation and digitalization • Order intake of 443 MSEK • Large geographic spread • Good inflow of small and medium size orders • Top 3 contributors; • France • Norway • Canada • Order backlog of 550 MSEK at the end o
Slide 5: First quarter financials; Stable gross margin with pressure from costs
First quarter financials; Stable gross margin with pressure from increased component and freight costs 5 ©2021 Pricer
Slide 6: First quarter financials; Growth driving increased profitability
First quarter financials; Growth driving increased profitability compared with last year • Operating profit of 17 MSEK, equal to operating margin of 4.4% • Continued investments in increased market presence and a high innovation pace in product development drives higher operating expenses 6 ©2021 Pr
Slide 7: First quarter financials; Cash flow impacted by timing of payment flows
First quarter financials; Cash flow impacted by timing of incoming and outgoing payment flows • Timing effects related to incoming and outgoing payments impacting cash flow, which should be analyzed over time • High demand and long lead times resulting in decreased product inventory • Cash position
Slide 8: First quarter 2021
First quarter 2021 Continued strong growth as a result of an accelerated demand Order intake Net sales Operating profit Operating margin 443 393 17.3 4.4 SEK M SEK M SEK M % (371) (226) (7.3) (3.3) 8 ©2021 Pricer
Slide 9: General highlights from report in summary
General highlights from report in summary • Paper label remains #1 competitor • Accelerated need for in-store digitalization due to COVID-19; ability to ’do more with less’ drives need for modern system support • New shelf-vision solution offers AI-based real-time insights for improved store efficie
Slide 10: Why invest in Pricer?
Why invest in Pricer? • Strong underlying market growth; digitalization of physical retail considered necessary for maintaining competitiveness • Best system on the market Unique and hard to copy technical solution; based on reliable, scalable, energy-efficient and interference-free communication