Addtech Ab Class B · OMXSTO:ADDT_B
Addtech Ab Class B — Q1 2023/2024 Earnings Presentation
12 slides from Addtech Ab Class B's earnings presentation, July 2023
Slide 1: Interim Report 1 April 2023 – 30 June 2023
INTERIM REPORT 1 APRIL 2023 – 30 JUNE 2023 Niklas Stenberg, President and CEO, and Malin Enarson, CFO
Slide 2: Quarter 1 Highlights
QUARTER 1 HIGHLIGHTS Net sales Continued high customer activity SEK 5,089 m, +16% Strengthened order backlog EBITA growth of 22% with high margins Solid cash conversion Six acquisitions completed of which EBITA-margin four are outside the Nordics 13.7% The highly uncertain macro situatio
Slide 3: Quarter 1: Net Sales Development – High Customer Activity
QUARTER 1: NET SALES DEVELOPMENT HIGH CUSTOMER ACTIVITY Net sales increased by 16% of which 7% organic − Continued high customer activity in most customer segments and geographies − The market situation varied between different segments, but with no signs of a general slowdown − Well-filled order
Slide 4: Quarter 1: EBITA Development – Improved Margins
QUARTER 1: EBITA DEVELOPMENT IMPROVED MARGINS 22% EBITA growth with an improved margin of 13.7% − Solid contribution from all business areas − Improved product mix, strict cost control and solid contributions from acquisitions − Continued focus on active customer and supplier dialogue − Operating
Slide 5: A Solid Quarter in All Business Areas
QUARTER 1: BUSINESS AREA DEVELOPMENT A SOLID QUARTER IN ALL BUSINESS AREAS AUTOMATION ELECTRIFICATION ENERGY INDUSTRIAL SOLUTIONS PROCESS TECHNOLOGY Net sales SEK 897 m (761) +18% Net sales SEK 1,024 m (929) +10% Net sales SEK 1,428 m (1,251) +14% Net sales SEK 923 m (788) +17% Net sales SEK 824 m (
Slide 6: Our International Expansion Continues
OUR INTERNATIONAL EXPANSION CONTINUES Acquisition Business area Access Net sales, SEKm* Employees* Six companies acquired during INDAG Maschinenbau GmbH Process Technology April 2023 55 40 the first quarter Clyde Holding Ltd. Process Technology April 2023 150 49 In total about SEK 465 m and Feri
Slide 7: The Strong Margin Trend Continues
THE STRONG MARGIN TREND CONTINUES 7
Slide 8: Strong Result and Focus on Working Capital
STRONG RESULT AND FOCUS ON WORKING CAPITAL 8
Slide 9: Improved Cash Conversion
IMPROVED CASH CONVERSION Improved cash conversion 2,500 200% 180% 2,000 160% 140% 1,500 120% 100% 1,000 80% 60% 500 40% TT : 0 0% 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 R12 mmm Cash flow from operating activities Cash flow from operating activities/ Opearting profit
Slide 10: Low Risk Balance Sheet
LOW RISK BALANCE SHEET Equity ratio 38% (34%) Leverage 1.5 (2.0) Gearing 0.7 (0.9) 10
Slide 11: Well Positioned for Future Growth
WELL POSITIONED FOR FUTURE GROWTH AUTOMATION ELECTRIFICATION ENERGY INDUSTRIAL PROCESS SOLUTIONS TECHNOLOGY MOTION & BATTERY ENERGY MATERIAL PROCESS DRIVES SYSTEMS PRODUCTS PROCESSING SYSTEMS CONNECTIVITY EMISSION INDUSTRIAL IT ENERGY VEHICLE SOLUTIONS CONTROL & SENSORS SUPPLY SOLUTIONS POWER & PROC
Slide 12: Summary
SUMMARY Solid start of the financial year with high customer activity in all business areas Strong EBITA growth of 22% with improved margins Our well filled orderbook strengthened further Business situation varies between segments - currently no signs of a general slowdown The internationa