Lindab International Ab · OMXSTO:LIAB
Lindab International Ab — Q1 2018 Earnings Presentation
21 slides from Lindab International Ab's earnings presentation, 2018
Slide 1: Lindab Group Q1 2018
lindab | we simplify construction Lindab Group Q1 2018 Fredrik von Oelreich – Acting President and CEO Kristian Ackeby – CFO
Slide 2: Agenda
Agenda • Summary and overview • Financials • Highlights • Outlook • Summary and Q&A
Slide 3: Summary and overview
Summary and overview
Slide 4: Key highlights Q1 2018
Key highlights Q1 2018 Strong organic growth and higher profit +16% 4.8% +10% Net sales increased to SEK 2,153 m (1,858) Operating profit SEK 104 m (79), excluding one- Profit for the period increased to SEK 46 m (42). off items of SEK -33 m (-1), adjusted operating Earnings per share increased to S
Slide 5: Strong sales development in all regions
Strong sales development in all regions Growth CEO comments 9% 45% ”It is very satisfying to see solid growth across the entire company” Fredrik von Oelreich, Acting President and CEO Nordic Growth 35% 18% Growth 33% Growth 4% 4% 60% CEE/CIS Other Markets Western Europe 5 Note: Information refers to
Slide 6: Healthy organic growth in most product areas
Healthy organic growth in most product areas Segment/Product areas Growth Comments Products & Solutions Large deviations between individual markets, with overall good growth in CEE/CIS Ventilation Products and the Nordics while Western Europe was on par with last year. Double digit growth in CEE/CIS
Slide 7: Financials
Financials
Slide 8: Lindab Group financial highlights Q1 2018
Lindab Group financial highlights Q1 2018 Improved profit driven by increased volume Key figures • Net sales increased organically with 13% to SEK 2,153 SEK m Q1´18 Q1´17 Chg % m (1,858). Net Sales 2,153 1,858 16 • EBIT improvement driven by increased volume in both Organic, % 13 Product & Solutions
Slide 9: Products & Solutions financial highlights Q1 2018
Products & Solutions financial highlights Q1 2018 Strong sales development Net Sales, SEK m • Net sales increased to SEK 1,897 m (1,695) with organic growth of 2 000 7 600 1 500 7 400 8%. 7 200 1 000 7 000 • Good sales development in all major regions, especially in 500 6 800 CEE/CIS and the Nordics
Slide 10: Building Systems financial highlights Q1 2018
Building Systems financial highlights Q1 2018 Russia main driver for significant improvement Net Sales, SEK m • Net sales increased to SEK 256 m (163) with organic growth of 300 1 000 900 56%. 200 800 • EBIT improvement mainly explained by increased volume but also 100 700 higher gross margin. 0 0 6
Slide 11: Lindab Group cash flow Q1 2018
Lindab Group cash flow Q1 2018 Positive impact from working capital Cash flow operating activities, SEK m • Adjusted free cash flow improved SEK 92 m in Q1 and amounted 300 600 200 450 to SEK 21 m. 300 100 150 • The improvement is mainly explained by better cash flow from 0 00 change in working capi
Slide 12: Highlights
Highlights
Slide 13: Some highlights from the quarter
Some highlights from the quarter Products & Solutions Receive orders worth SEK ~25 m in Finland CEO comments All time highest sales in Sweden for a first quarter “With our broader product range we continuously move towards more Building Systems Receive seven orders above value added solutions“ SEK 1
Slide 14: Highlights: Enter a World of Solutions
Highlights Enter a World of Solutions • Lindab group attended Mostra Convegno Expocomfort in Milano, Italy*. • Lindab showcased a full HVAC system covering the entire airflow from air handling units to diffuser with fire and smoke control including UltraLink with Bluetooth for measuring and monitori
Slide 15: Developing complete solutions for specific customer segments
Highlights Developing complete solutions for specific customer segments Offices and schools Hospitals Hotels Leisure activities Residential Marine sector Industrial premises Shopping malls 16
Slide 16: Outlook
Outlook
Slide 17: Market development
Market development Continued good market development with a few exceptions Construction Output & Sentiment in EU Source: Eurostat and European Commission • Continued good macroeconomic development in Europe with high industrial capacity utilisation, industrial order books and consumer confidence. •
Slide 18: Summary and Q&A
Summary and Q&A
Slide 19: Key highlights Q1 2018
Key highlights Q1 2018 Strong organic growth and higher profit +16% 4.8% +10% Net sales increased to SEK 2,153 m (1,858) Operating profit SEK 104 m (79), excluding one- Profit for the period increased to SEK 46 m (42). off items of SEK -33 m (-1), adjusted operating Earnings per share increased to S
Slide 20: Our short term focus
Our short term focus Prioritised areas Price Turnaround Address low Energy & Climate Strategic increases Building Systems performing units Solutions assessment 21
Slide 21: Thank you Q&A
Thank you Q&A