Investor Ab Class A · OMXSTO:INVE_A
Investor Ab Class A — Piab Group — Investor Day (December 2023)
13 slides from Investor Ab Class A's investor day presentation, Dec 8, 2023
Slide 1: Piab Group Investor Capital Market Day
Piab Group Investor Capital Market Day Peter Laurin – CEO December 8th, 2023
Slide 2: Piab Group - a world leader in vacuum-based material handling
Piab Group - a world leader in vacuum-based material handling Overview Divisions End market segments Global HQ 27 Share of 2023 Q3 LTM sales Stockholm, Sweden countries with Piab presence Vacuum Automation 1,750m 1951 1,200 60% Packaging Automotive Piab founded employees (70/30% male/female) Financi
Slide 3: Accelerated growth under Patricia Industries' ownership
Accelerated growth under Patricia Industries’ ownership Patricia Industries ownership (MSEK) 2,900 +19% 2,450 26–28 % EBITDA 1,738 Underlying margins 1,526 during Patricia +11% 1,255 1,267 Industries 1,028 ownership 703 777 593 458 482 479 498 501 404 2008 2009 2010 2011 2012 2013 2014 2015 2016 201
Slide 4: Complementary acquisitions to drive geographic expansion, segment expansion, portfolio expansion and innovation
Complementary acquisitions to drive geographic expansion, segment expansion, portfolio expansion and innovation
Slide 5: Industrial automation is a 5 000 BSEK market, growing at 7-9% p.a.
Industrial automation is a 5 000 BSEK market, growing at 7-9% p.a. Discrete automation market size BSEK A strong automation trend driving market growth ~7000 Improving robot economics 7-9% ~6500 ~6000 Labour shortage ~5500 ~5000 ~4750 Near and on-shoring Technical advancement increasing automation s
Slide 6: Piab Group is present in attractive niches of the industrial automation market
Piab Group is present in attractive niches of the industrial automation market Addressable market per division Focus on fast growing market segments Market size, BSEK CAGR 22-27, % Growth 22-27 34 7-10% 31 Vacuum 6-7% 28 7 Conveying Warehouse market +12% p.a. 26 6 gripping equipment 24 6 22 Lifting
Slide 7: Strong financial development and underlying market momentum for all Piab Group divisions
Strong financial development and underlying market momentum for all Piab Group divisions Vacuum Automation Lifting Automation Vacuum Conveying Giving skills to robots Providing lifting power to humans Intelligent flow to materials 1750 +19% 700 450 +33% +20% 438 813 276 2020 2023* 2020 2023* 2020 20
Slide 8: Piab works with world leading companies
Piab works with world leading companies Vacuum Automation Lifting Automation Vacuum Conveying ~70 000 customers* ~4 000 customers* ~1 700 customers* Recurring Revenue: ~50% Recurring Revenue: ~20% Recurring Revenue: ~25%
Slide 9: R&D investments to increase technology leadership
R&D investments to increase technology leadership Focus on sustainability and digital products Smart vacuum generator Container unloader piPump Smart - 50% energy - 50% unload 2X capacity & vs traditional time digital pumps Electrical Vacuum Pump Sustainable high-performance grippers New generation
Slide 10: Piab 2027 strategy and ambition
Piab 2027 strategy and ambition Double-digit organic growth over the cycle and doubling in size in five years Financial ambition 22-27 (illustrative) Strategy 2027 highlights Revenue BSEK 1. New segments: Warehousing, Battery and Additive Manufacturing Double digit organic growth 2. Geo focus: Focus
Slide 11: Digitalization of products and internal processes
Digitalization of products and internal processes OVM pro 3D - digital simulation Pixie AI assistant • Up to 95% reduction of vacuum system design time - from • AI assistant accessible to all employees, R.A.G. model ChatGPT days to minutes 4 Turbo • 20-25% improvement of vacuum system performance •
Slide 12: Piab Group summary
Piab Group summary 1. Strong culture based on innovation 2. Technology leadership in attractive niches and large installed base 3. Proven platform in driving profitable organic and inorganic growth 4. Strong automation trend driving growth
Slide 13: Q&A
2a Q&A