Loomis Ab · OMXSTO:LOOMIS
Loomis Ab — Investor Day (November 2012)
24 slides from Loomis Ab's investor day presentation, Nov 14, 2012
Slide 1: Cautionary Statement
Cautionary Statement This presentation contains, or may be deemed to contain, forward-looking statements. These statements relate to future events or our future financial performance, including, but not limited to, strategic plans, potential growth, planned operational changes, expected capital expe
Slide 2: Capital Markets Day: On track to deliver margin targets by latest 2014
Capital Markets Day London, November 14th, 2012 On track to deliver margin targets by latest 2014 Lars Blecko, President and CEO
Slide 3: On track to meet our 10% margin target
On track to meet our 10% margin target • Expanding market Operating margin, % 12,0% presence 10,0% Rolling 12 months 8,0% • Comprehensive 6,0% solutions 4,0% 2,0% • Operational 0,0% excellence 2 5
Slide 4: A stable operator with a long history
A stable operator with a long history • Loomis expands into Turkey Loomis, Listing of • Acquisition of Pendum’s cash Fargo & Co Loomis at merge with NASDAQ OMX handling services (USA) Securitas (Stockholm) Founding of • Acquisition of Efectivox (Spain) Loomis Armored Wells Fargo & acquires Wells Co,
Slide 5: Every day we….
Every day we…. • Transport and process cash to a value of 10 billion Euro • Handle around 50 million notes in our cash centres • Make around 100 000 customer stops 4 7
Slide 6: Right amount – right place – right time
Right amount – right place – right time Banks Retailers Central banks ATMs General public 5 8
Slide 7: Cash continues to grow as the world's most common method of payment
Cash continues to grow as the world’s most common method of payment Contactless payments Transactions Mobile payment Prepaid card Direct payments Direct payments Loyalty cards Loyalty cards Credit cards Credit cards Debit cards Debit cards Checks Cash Cash Cash Past Present Future 6 9
Slide 8: We are the international specialist in cash handling
We are the international specialist in cash handling 16 countries Austria 1 Slovakia 3 400 branch offices Czech Republic 2 Slovenia 2 20 000 employees Revenue 11 Bn SEK Denmark 2 Spain 2 USA 1 Finland 2 Sweden 1 France 2 Switzerland 2 Norway 2 Turkey 5 Portugal 3 UK 2 Argentina 5 7 10
Slide 9: Strategy for value creation
Strategy for value creation Market presence + Comprehensive solutions + Operational excellence = Topline growth Margin improvement 8 11
Slide 10: Strategy for value creation
Strategy for value creation Market presence + Comprehensive solutions + Operational excellence = Growth Price Top-line Current markets Branch Margin Change of Mix New markets Risk 9 12
Slide 11: Market presence – current markets
Market presence – current markets USA Western Europe Central and Strengths Strengths Eastern Europe • Cash intensive • Degree of outsourcing Strengths • Competitive landscape • Cash intensive Opportunities • Degree of outsourcing Opportunities • Growing markets • Consolidation • Comprehensive soluti
Slide 12: Strategy and margin drivers
Strategy and margin drivers YTD Margin Strategy Activities Impact Integration of Current markets Pendum, OAS and Efectivox Market presence Acquisitions in New markets Turkey, Czech Republic and Argentina 11 14
Slide 13: Strategy for value creation
Strategy for value creation Market presence + Comprehensive solutions + Operational excellence = Growth Price Top-line Current markets Branch Margin Change of Mix New markets Risk 12 15
Slide 14: Comprehensive solutions
Comprehensive solutions Europe USA The Group Current situation 24% CMS CMS 34% CMS 30% CIT CIT CIT 66% 70% 76% Managing Cash in Society Transport Drivers • Increased demand on efficiency in financially distressed banks – CMS • New major orders for Loomis SafePoint Time 13 16
Slide 15: Strategy and margin drivers
Strategy and margin drivers YTD Margin Strategy Activities Impact • Continued sucess for Loomis Comprehensive Change of mix SafePoint solutions • CMS growth in US 14 17
Slide 16: Strategy for value creation
Strategy for value creation Market presence + Comprehensive solutions + Operational excellence = Growth Price Top-line Current markets Branch Margin Change of Mix New markets Risk 15 18
Slide 17: Branch efficiency – key success factor
Branch efficiency – key success factor 100% 90% 23% 22% 26% 24% 28% 26% 26% 24% 30% 30% 80% 70% 60% 50% 40% 77% 78% 74% 76% 72% 74% 74% 76% 70% 70% 30% 20% 10% 0% Q3-08 Q3-09 Q3-10 Q3-11 Q3-12 YTD-08 YTD-09 YTD-10 YTD-11 YTD-12 Performing Non-performing 16 19
Slide 18: Strategy and margin drivers
Strategy and margin drivers YTD Margin Strategy Activities Impact Price increases Price above wage increases (%) Higher number of Operational Branch performing Excellence branches Cost of risk lower Risk than prior years 17 20
Slide 19: Strategy for value creation
Strategy for value creation Market presence + Comprehensive solutions + Operational excellence = Growth Price Top-line Current markets Branch Margin Change of Mix New markets Risk 18 21
Slide 20: Stability despite financial crisis
Stability despite financial crisis 15% Focus on improved profitability rather Termination of 10% than growth unprofitable contracts, Pendum diversification Loomis Total - Organic Growth 5% 0% 2010 Q2 2008 Q1 2008 Q2 2008 Q3 2008 Q4 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q3 2010 Q4 2011 Q1 2011
Slide 21: On track to reach our financial goals
On track to reach our financial goals % 12 Annual operating profit margin (EBITA) 8 EBITA 4 8,6 10% at latest by 2014 6,6 7,0 8,0 8,3 0 2008 2009 2010 2011 2012 R12 % 150 Cash Operating Cashflow/EBITA > 85% 100 conversion 50 59 94 106 77 80 0 2008 2009 2010 2011 2012 R12 2,5 2 Net 1,5 Net Debt/EBITD
Slide 22: On track to reach our operational goals
On track to reach our operational goals Strategy Operational goals Achievements • Achieved in all • # 1 or 2 in every market we operate major markets Market • Annual expansion into two new countries • Still to be presence • Establish footprint in Latin America reached in 2012 • Achieved Comprehensiv
Slide 23: On track to achieve our 2014 financial goals
On track to achieve our 2014 financial goals % 12 Annual operating profit margin (EBITA) 8 EBITA 4 10% by 2014 6,6 7,0 8,0 8,3 8,6 0 2008 2009 2010 2011 2012 R12 % 150 Cash Operating Cashflow/EBITA > 85% 100 conversion 50 59 94 106 77 80 0 2008 2009 2010 2011 2012 R12 2,5 2 Net Net Debt/EBITDA not e
Slide 24: LOOMIS – Managing cash in society
N LOOMIS Managing cash in society.