Kh Group Plc · OMXHEX:KHG
Kh — Scanfil — Shareholder Meeting (April 2011)
28 slides from Kh's shareholder meeting presentation, Apr 13, 2011
Slide 1: Annual General Meeting 2011 – President's Review
SCANFEIL ANNUAL GENERAL MEETING 13 APRIL 2011 PRESIDENT’S REVIEW President Harri Takanen
Slide 2: Scanfil Group
SCANFIL GROUP • Scanfil Group comprises the parent and investment company Scanfil plc and a subgroup called Scanfil EMS Oy, which is engaged in contract manufacturing. • Scanfil plc is a listed investment company whose task is to manage Group’s assets in a way that is efficient and distributes risk.
Slide 3: Investment Activities
SCANEFEIU INVESTMENT ACTIVITIES
Slide 4: Investment activities
Investment activies • Scanfil plc is a listed company investment company whose task is to manage accumulated assets in a way that is efficient and distributes risk. The aim of the investment company is to create shareholder value through active shareholding. • Assets are invested either in the fixed
Slide 5: Investments
Investment activies • With regard to investment activity, 2010 was a good year as a whole, and the target yield for the financial investments was reached. Capital investments were made in accordance with the strategy. • Scanfil plc's investment portfolio is divided into two parts: financial investme
Slide 6: Listed associated companies
Investment activies Listed assosiated companies Kitron ASA (KIT) (Scanfil plc’s share of ownership 32,96%) is a Norwegian listed contract manufacturer that operates in five different customer segments: the marine and oil industry, basic industry, defense equipment industry, hospital and healthcare e
Slide 7: Unlisted associated companies
Investment activies Unlisted associated companies All of Scanfil Group’s unlisted associated companies are small internationally operating start-ups with an interesting and promising global potential. The companies have technological competence, strong patent portfolios and promising commercial appl
Slide 8: Contract Manufacturing
SCANEFEIU CONTRACT MANUFACTURING
Slide 9: Contract manufacturing
Contract manufacturing • The strengthening of demand that started at the end of the first quarter continued throughout the year, and full-year turnover increased by 11.1% compared to 2009. Increased sales to professional electronics customers accounted for the majority of the growth in full-year sal
Slide 10: The merger of Scanfil EMS Oy and Ojala-Yhtymä Oy will not realise
THE MERGER OF SCANFIL EMS OY AND OJALA-YHTYMÄ OY WILL NOT REALISE 1 Nov 2010 SCANFIL PLC'S SUBSIDIARY SCANFIL EMS OY AND OJALA- YHTYMÄ OY TO MERGE “Scanfil plc's subsidiary Scanfil EMS Oy and Ojala-Yhtymä Oy have a signed a merger agreement whereby Ojala-Yhtymä Oy will merge into Scanfil EMS Oy. The
Slide 11: Global footprint
GLOBAL FOOTPRINT Sievi, Finland Vantaa, Finland Estonia Electronics and Mechanics Electronics and mechanics mechanics Personnel 140 Personnel 380 Personnel 310 Floor area 9 000 m2 Floor area 16 000 m2 Floor area 26 000 m2 Hungary Suzhou, China Hangzhou, China Mechanics Electronics Mechanics Personne
Slide 12: Vertical integration power
VERTICAL INTEGRATION POWER SMT Engineering Supply Complete network Enclosure Product Cable Assembly Testing Integration
Slide 13: Financial Statements
SCANEFEIU FINANCIAL STATEMENTS
Slide 14: Turnover annually
SCANEFIL Turnover annually meur = a Oo 2006 2007 2008 2009 2010
Slide 15: Operating profit annually
Operating profit annually meur
Slide 16: Turnover and operating profit % quarterly 2010
Turnover and operating profit % quarterly 2010 A sales gain of EUR 2.5 million from the Oulu property is recognised in the second quarter.
Slide 17: Turnover geographically
Turnover geographically 2009 2010
Slide 18: Sales geographically
Sales geographically 2009 2010
Slide 19: Personnel
Personnel 31.12.2009 31.12.2010 Total 2061 Total 2260
Slide 20: Earnings/share and dividend/share
Earnings/share and dividend/share Proposal
Slide 21: Solvency
Solvency Solvency excluding EUR 40 million loan drawn on 8 Dec 2010: 76,9 %.
Slide 22: Return on investment
Return on investment ROI excluding EUR 40 million loan drawn on 8 Dec 2010: 9,7%.
Slide 23: Gearing
Gearing 2006 2007 2008 2009 2010
Slide 24: Cash flow after investments
Cash flow after investments 2006 2007 2008 2009 2010
Slide 25: Share ownership 31.12.2010
Share ownership 31.12.2010 Major share holders % Takanen Jorma 29.0 Kotilainen Eero 12.0 Takanen Harri 6.6 Takanen Jonna 5.4 Pöllä Reijo 5.2 Scanfil Oyj 4.9 Takanen Jarkko 4.1 Laakkonen Mikko 3.9 Takanen Martti 3.2 Riitta ja Jorma J. Takanen foundation 3.1 Takanen Riitta 1.7 Ilmarinen Mutual Pension
Slide 26: Share ownership 31.12.2010
Share ownership 31.12.2010 Breakdown of share ownership by owner category
Slide 27: Future Prospects
SCANEFEIU FUTURE PROSPECTS
Slide 28: Future prospects
Future prospects • Scanfil plc aims actively to develop capital investments already done and is looking for selected targets in its current and new lines of business. The available investment assets offer a good opportunity for acquisitions conforming to the investment strategy, aiming to obtain a s