Slide 1: Nilfisk Q3 2021 Interim Report
Nilfisk Q3 2021 Interim Report Webcast presentation November 24, 2021
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains forward-looking statements, including statements regarding Nilfisk’s future operating profit, financial position, inventory, cash flows, strategic priorities as well as plans for the future. Forward-looking statements include, without limitation,
Slide 3: On the call today
On the call today Executive Management Team of Nilfisk Torsten Türling Reinhard Mayer CEO CFO 3 NILFISK Q3 INTERIM REPORT 2021
Slide 4: Agenda
Agenda 1 2 3 4 5 Highlights for Financials Outlook Strategic Q&A Q3 2021 Direction 4
Slide 5: Record volume in demand and order intake across all regions and segments
Record volume in demand and order intake across all regions and segments • Organic growth of +17.9% vs Q3 2020, revenue above 2019 level 17.9% • Highest Growth momentum in Americas Region, Organic growth up +20.9% vs Q3 2020 • Order intake higher than sales growth, record high order backlog • Q3 GP
Slide 6: Actions taken to mitigate supply chain constraints and related margin impact
Actions taken to mitigate supply chain constraints and related margin impact • Increased volume output – further ramp-up of capacity across global manufacturing network • Enhanced supplier network and components resourcing • Investments into materials and components inventory • Investments into addi
Slide 7: Agenda
Agenda 1 2 3 4 5 Highlights for Financials Outlook Strategic Q&A Q3 2021 Direction 7
Slide 8: Income statement
Income statement EUR million Q3 2021 Q3 2020 Change 9M 2021 9M 2020 Change Comments Net sales 239.2 202.5 36.7 734.3 612.7 121.6 Reported growth 18.1% -11.0% 29.1 pp 19.8% -16.4% 36.2 pp • Total reported revenue up by 36.7 mEUR Organic growth 17.9% -7.3% 25.2 pp 22.2% -14.6% 36.8 pp corresponding to
Slide 9: Europe – strong organic growth of 12.5%
Europe – strong organic growth of 12.5% Comments • Revenue amounted to 108.4 mEUR (Q3 2020: 96.0 mEUR) corresponding to organic growth of 12.5%. • Positive performance across all markets supported by higher demand levels from large accounts. • Healthy recovery in the Northern Europe benefitting from
Slide 10: Americas – the US continues to drive growth in Americas
Americas – the US continues to drive growth in Americas Comments • Revenue amounted to 77.0 mEUR (Q3 2020: 64.0 mEUR) which corresponds to an organic growth of 20.9%. • Increased revenue from large direct accounts. • Canada had a strong performance from the development and growth in dealer business.
Slide 11: APAC – a steady recovery continues
APAC – a steady recovery continues Comments • Revenue amounted to 19.0 mEUR (Q3 2020: 15.8 mEUR) which corresponds to an organic growth of 18.1%. • We continued to see a strong performance in China and the Southeast Asian countries, however activity remained below pre-pandemic levels particularly du
Slide 12: Other business units – consumer demand continues
Other business units – consumer demand continues Consumer Private label and other • Facing tougher comparables, the Consumer business continued • Our Private Label business continued to see strong to see strong performance with an organic growth of 4.8%. performance. This was driven by high demand f
Slide 13: Balance sheet and cash flow
Balance sheet and cash flow EUR million Q3 2021 Q3 2020 Change Comments Inventories 202.0 147.4 54.6 • Working capital increased by 15.1 mEUR as a result of Trade receivables 178.4 155.5 22.9 substantially higher business activity and investments into Trade payables 128.5 87.0 41.5 inventory of crit
Slide 14: Agenda
Agenda 1 2 3 4 5 Highlights for Financials Outlook Strategic Q&A Q3 2021 Direction 14
Slide 15: 2021 full year outlook improved
2021 full year outlook improved • Based on our current trading performance, the Previous financial outlook Adjusted financial outlook strong order book as well as the improved supply for the full year 20211 for the full year 2021 chain visibility, we can lift our Revenue guidance for the full year t
Slide 16: Agenda
Agenda 1 2 3 4 5 Highlights for Financials Outlook Strategic Q&A Q3 2021 Direction 16
Slide 17: Strategic Direction – revised Focus on sustainable long-term Growth
Strategic Direction – revised Focus on sustainable long-term Growth A global market leader for Professional Cleaning Products, Technologies and Services Market Drivers Strategic Priorities for sustained Growth of Professional Cleaning Service-as-Business solutions Optimize Customer’s Value of Clean
Slide 18: Agenda
Agenda 1 2 3 4 5 Highlights for Financials Outlook Strategic Q&A Q3 2021 Direction 18
Slide 19: Q&A
Q&A 19
Slide 20: Forward-looking statements
Forward-looking statements This presentation and related comments contain forward-looking statements. Such statements are subject to many uncertainties and risks, as various factors, of which several are beyond Nilfisk Holding’s control, may cause that the actual development and results differ mater