Hanza Ab · OMXSTO:HANZA
Hanza Ab — Q1 2024 Earnings Presentation
14 slides from Hanza Ab's earnings presentation, May 7, 2024
Slide 1: Q1 – 2024 Audiocast
Q1 – 2024 Audiocast, May 7th, 2024 Erik Stenfors, CEO Lars Åkerblom, CFO 1
Slide 2: Agenda
Agenda Progress report Financial performance Conclusions and Outlook Q&A 22 HANZA Q1 2024
Slide 3: The start of 2024: The acquisition of Orbit One
The start of 2024 The acquisition of Orbit One doubled HANZA's capacity in electronics production, creating a Important and valuable acquisition (Orbit One) more even distribution within HANZA's various manufacturing In line with “HANZA 2025” technologies. Acquisition within existing technology and
Slide 4: The start of 2024: Economic Slowdown
The start of 2024 Economic Slowdown Sales declined as anticipated Demand imbalance: Some sectors, like defense and energy, experienced continued strong performance. Other, like mining and industrial, faced reduced demand. Segment imbalance: Reduced demand mainly affected clusters in the segment Othe
Slide 5: The start of 2024: Activities initiated and ongoing
The start of 2024 Activities initiated and ongoing A combined Integration- and Efficiency program Aimed at achieving synergies, particularly in administrative functions, and addressing the economic slowdown. Includes workforce reductions of 50 employees in Ronneby, Sweden, and potential reductions i
Slide 6: Sustainability main activities in Q1
Sustainability main activities in Q1 Started on a double materiality analysis to identify and map our most material impacts Hazardous waste/sales, ton/SEK million on people and the environment and understand the risks and opportunities arising from 0.26 0.22 sustainability issues. 2022 0.21 2023 Map
Slide 7: Q1 Financials
Q1 Financials Sales (MSEK) 1500 5000 Sales 1200 4000 Net sales grew by 18% to 1,253 MSEK (1,065). 900 3000 Adjusted for acquisitions and currency net sales decreased by 6%, 600 2000 due to macroeconomic factors that lead to lower customer volumes. 300 1000 12 months sales 4.3 bn SEK (4.1 bn in FY 20
Slide 8: Q1 Financials: Segments Main markets and Other markets
Q1 Financials Segment Main markets Net sales up to 30% to 770 MSEK (594) Growth adjusted for acquisitions and currency: 1%. Operating profit excluding OTC and energy subsidy was 54 MSEK (48), corresponding to an operating margin of 7.0 % (8.8). Adjusted for OTC, energy subsidy and acquisitions the o
Slide 9: Q1 Financials: Cashflow, capex and net debt
Q1 Financials Cashflow Cashflow from operations amounted to 31 MSEK (89). Temporary (SEK million) Q1 2024 Q1 20223 increase of working capital for the ramp up of MLE. Capex Equity 1 454 966 Amounted to 58 MSEK (68), of which 6 MSEK related to buildings (4). Equity/Asset ratio 39% 37% Net debt Intere
Slide 10: Revised financial targets
KPI Previous target / policy Updated target / policy Change Revised financial targets Growth Sales 5 bn SEK in 2025 Sales 6.5 bn SEK in 2025 Increased Operating margin at end of Operating margin 2025: Profitability Increased 2025: Minimum 8% Minimum 8% Reflecting the improved profitability and prove
Slide 11: Conclusions and Outlook
Conclusions and Outlook Q1 key take-aways Valuable acquisition, combined with swift activities in a weaker economy creates a good position for the future. Integration/efficiency program is running seamlessly. Main conclusion HANZA 2025 to be delivered as planned, the BoD decided to raise HANZA’s fin
Slide 12: Q & A HANZA Q1 2024
PPPS SLOSS SELON SES EPS OLE ISLES OES - Bis Tn ore PRADO SBERAP PS EAALB PP BRE IBGSESIREP OLE SOLES. SSOLZISS OGRE LO PESIOOLRE A AOS PSSST RPSL SLSR IFS AGP EEK FF SERFS STN NT NT SL NL NIALL NTN ENA NIALL SRL NAL NL NL I DRE IORESS SPREAD DRI SFO DDE PDEA ODES HANZA Q1 2024
Slide 13: Disclaimer
Disclaimer This presentation and the information contained herein are being presented by HANZA Holding AB (publ) (the “Company”). By attending a meeting where this presentation is presented, or by reading this presentation, you agree to be bound by the following limitations and notifications. This p
Slide 14: www.hanza.com ALL YOU NEED IS ONE
ALL YOU NEED www.hanza.com IS ONE 14 14 HANZA Q1 2024