Eltel Ab · OMXSTO:ELTEL

Eltel Ab — Q4 2019 Earnings Presentation

11 slides from Eltel Ab's earnings presentation, Feb 14, 2020

  1. Slide 1: Eltel AB Q4 2019 Presentation

    Eltel AB Q4 2019 Presentation 14 February 2019

  2. Slide 2: Today's presenters

    Today’s presenters Casimir Lindholm Petter Traaholt President and CEO CFO 2

  3. Slide 3: Highlights

    Highlights • Strong operational cash flow and reduced net debt • Improved quality and deliveries towards our customers • Result mainly impacted by lower net sales and restructuring costs in Communication Sweden as well as project revisions in High Voltage and Communication Sweden • Large parts of El

  4. Slide 4: Total Group: Q4 2019

    Total Group: Q4 2019  Net sales -15.7% to EUR 278.9 million (330.9)  Organic growth in Power and Communication* -12.9%  Operative EBITA EUR -14.9 million (2.9) Total Group  Operative EBITA margin -5.3% (0.9)  Cash flow from operating activities** EUR 59.5 million (70.0)  Net debt ended at EUR

  5. Slide 5: Net sales segments: Q4 2019

    Net sales segments: Q4 2019  Net sales -19.2% to EUR 93.0 million  Reduced customer orders and project write-downs in High Voltage  Lower volumes in Smart Grids Power  Loss of contracts, ramp down and project write-downs in Sweden  The decrease was partly offset by Finland, due to wind power pr

  6. Slide 6: Operative EBITA segments: Q4 2019

    Operative EBITA segments: Q4 2019  Operative EBITA EUR -12.0 million (-1.9)  Operative EBITA margin -12.9% (-1.6)  Write-downs in a handful Polish and one Norwegian High Voltage projects, due to outage delays, Power increased cost to complete including overcapacity. Updated strategy in High Volta

  7. Slide 7: Full year 2019

    Full year 2019  Net sales -8.5% to EUR 1,087.6 million (1,188.9)  Organic growth in Power and Communication* -6.4% Total Group  Operative EBITA EUR -11.3 million (-2.2)  Operative EBITA margin -1.0% (-0.2)  Cash flow from operating activities** EUR 25.7 million (3.2) *Adjusted for divested oper

  8. Slide 8: Focus in 2020

    Focus in 2020 Operational focus  Tender  Right people  Implementation & execution  No. 1 Nordic player  Production planning  High customer satisfaction  Training  Engaged employees  Lower risk and fewer capital Strategic focus intensive projects  Continuous evaluation of the existing portf

  9. Slide 9: Our long-term plan

    Our long-term plan >2022 “Investing in sustainable profitable growth” 2019−2021 “Operational excellence” 2017−18  Continued focus on “House in order” operational excellence  Pursue structural M&As in  Prioritise core operational the Nordics when financial improvements (operational situation impro

  10. Slide 10: Q&A

    Q&A

  11. Slide 11: Eltel

    ELVEL

Eltel — Q4 2019 Earnings Presentation on 6ix