Momentum Group Ab Class B · OMXSTO:MMGR_B
Momentum Group Ab Class B — Q4 2024 Earnings Presentation
16 slides from Momentum Group Ab Class B's earnings presentation, Feb 14, 2025
Slide 1: Year-end report 2024
Year-end report 2023 15 February 2024 Momentum Group Year-end report 2024
Slide 2: Presenting today
Presenting today Ulf Lilius Niklas Enmark President and CEO CFO Momentum Group 14 February 2025 2
Slide 3: Agenda
Agenda • Q4 highlights • Development during the quarter • Long-term perspective 3
Slide 4: Q4 highlights
Q4 highlights Organic growth and strong cash flow in the last quarter of the year Revenue: EBITA: EBITA/WC: +12% SEK 70 m 59% Business climate in our main Same level as last year. High level of profitability. markets in the Nordic region Positive contributions from Continued strong cash flow. genera
Slide 5: A successful year – exceeding all our targets
A successful year – exceeding all our targets Earnings growth Profitability Dividend policy Target: >15% Outcome 2024: 22% Target: >45% Outcome 2024: 59% Target: >30% Outcome 20242: 36% Earnings growth, SEK m Profitability (EBITA/WC)1 Dividend ratio 350 22% 40% 80% 40% 37% 36% 300 32% 30% 61% 61% 59
Slide 6: Development during the quarter
Development during the quarter
Slide 7: Group: Sales Q4 2024
Group: Sales Q4 2024 • Overall positive sales development in Q4 with growth in • Contribution from acquisitions of SEK 81 m, adding 12% comparable units of 1%. to growth. • Exception lower demand in the automotive sector – • Moderate increase in purchase prices and costs. particularly affecting Powe
Slide 8: Group: Earnings Q4 2024
Group: Earnings Q4 2024 • Operating profit decreased by –13% to SEK 53 m (61). • EBITA margin 9.4% (10.5). – Costs affecting comparability of SEK –5 m (-). • Net profit SEK 34 m (44). – Increase in amortisation due to acquisitions. • Earnings per share SEK 0.65 (0.85). • EBITA, unchanged vs last yea
Slide 9: Group: Full year 2024
Group: Full year 2024 • Revenue increased by 25% to SEK 2,873 m (2,298). • EBITA margin of 11.2% (11.5). • Growth in comparable units of 3%. • Net profit SEK 186 m (173). • Operating profit rose by 15% to SEK 273 m (237). • Earnings per share SEK 3.60 (3.45). • EBITA increased by 22% to SEK 322 m (2
Slide 10: Industry business area
Industry business area Power Transmission Specialist • Reduced sales to customers in the automotive segment. • Increased sales with stable profit levels in • Increased demand from customer segments such as metal comparable units. and mining and stable demand from pulp & paper. • Acquired businesses
Slide 11: Infrastructure business area
Infrastructure business area Flow Technology Technical Solutions • Favourable growth in both sales and earnings. • Reduced sales and lower earnings for comparable unit. • Strong demand in Sweden, improved demand in • Capacity utilisation in workshops impacted by lower Denmark and slight increase in
Slide 12: Profitability, cash flow and financial position
Profitability, cash flow and financial position • EBITA/WC 59% (59). • Cash flow from financing activities SEK –227 m (206) • Return on equity 27% (31). – refers mainly to change in interest-bearing liabilities and paid dividend. • Cash flow from operating activities for the reporting period of SEK
Slide 13: Long-term perspective
Long-term perspective
Slide 14: Customers and products – development over time
Customers and products – development over time Revenue per customer segment 2024 Revenue by product area 2024 3% Bearings 8% 14% Metals and mining 11% 15% Valves Paper and pulp, sawmill Technical seals and industrial rubber Electricity and heat production 21% Manufacturing 9% Hydralics and pneumatic
Slide 15: Strong cash flow from operations with asset light model creates possibilities for acquired growth
Strong cash flow from operations with asset light model creates possibilities for acquired growth MSEK 450 Funds generated Use of funds 400 350 300 250 Reinvestment ratio: 109% 200 150 100 50 0 IFRS adj operational CF before WC Working capital Acqusitions Capex Dividends + net of share -50 changes r
Slide 16: Contact us
Contact us Please email us at ir@momentum.group if you have any questions. Momentum Group momentum.group