Swedencare Ab · OMXSTO:SECARE
Swedencare Ab — Q2 2023 Earnings Presentation
13 slides from Swedencare Ab's earnings presentation, Jul 27, 2023
Slide 1: Q2 Half Year Report Presentation April - June 2023
Q2 HALF YEAR REPORT Presentation April - June CEO Håkan Lagerberg 2023 CFO Jenny Graflind
Slide 2: Q2 2023 Highlights
Q2 2023 Highlights Sales record and 9% organic growth Sales record both Quarter and Month – Strong Pet Retail and Online Organic growth 9% Lower margins and strong cash flow Symrise public mandatory tender offer Vet Buyers Direct
Slide 3: ESG 2023
ESG 2023 Implemented Sustainability policy, Code of Conduct for employees and Code of Conduct for suppliers. Motivated employees are our most important asset, we work with ongoing improvement on work environment issues to promote good health and safety, therefore we will conduct an employee survey i
Slide 4: Net Sales and Operational EBITDA (MSEK)
Operational Net sales (MSEK) EBITDA (MSEK) 700 120 -3% 600 500 21% 100 80 400 300 60 572,1 26,2% 20,9%› 470,9 200 40 100 20 0 0 Q2 2022 Q2 2023 Q2 2022 Q2 2023
Slide 5: Key Performance Indicators Q2 2023
Key Performance Indicators Q2 2023
Slide 6: Key Performance Indicators H1 2023
Key Performance Indicators H1 2023
Slide 7: Rolling 4 Quarters
Rolling 4 Quarters Qi @2 Q38 Q4 Qt G2 OO 24 Qt Q2 Q3 Q4 at a@ 2020 2021 2022 2023 Net revenue (EBITDA (Operational EBITDA Poe, 28 SWEDENCARE
Slide 8: Product- and Brandsplit
Product- and Brandspilit OTHER oe 7% PRODEN PLAQUEOFF® 4% 6%) 11% (4%) (10%) TOFICALS/ DERMATOLOGY 23% (80%) “Does not include contract manufacturing nutravet* OTHER 4% 13% Pet MD : 8%) 10% (119%) BiaqueOft 14% (12%) PRIVATE/CO LABEL 12% (15%) for PETS ey ome 10% \ 5% (8%) \@%)_ 8 SWEDENCARE
Slide 9: Net Sales by region (MSEK): North America
Net Sales by region (MSEK) • Strong quarter in Pet Retail and Online, Vet a bit soft but collaborations with Patterson and MWI will take North America – 80% of total revenue off in H2 • Vetio South – flat and still not at expected profitability – strong pipeline for H2 with focus on profitability •
Slide 10: Net Sales by region (MSEK): Europe
Net Sales by region (MSEK) Europe – 18% of total revenue • Improved activity and interest in all markets • Online sales, Amazon in UK and EU7 growing strongly • Nutravet’s last quarter when affected negatively by inventory trimming from largest customer – other customers double digit growth and D2C
Slide 11: Net Sales by region (MSEK): Rest of the World
Net Sales by region (MSEK) Rest of the World – 2% of total revenue • Down year on year but primarily due to uneven international orders and strong USD cause lower sales to Asia for US entities • ProDen PlaqueOff® had a good quarter with Asia, several countries in South America Israel and Australia •
Slide 12: Priorities 2023/2024
Priorities 2023/2024 Growth and profitability and lowering debt level Deliver on strong pipeline Continued move from external to internal Product launches and development Solidifying relationships with major customers Co-op and M&A opportunities
Slide 13: Thank You for participating! Q&A
Thank You for participating! Q&A