Wastbygg Gruppen Ab Class B · OMXSTO:WBGR_B
Wastbygg Gruppen Ab Class B — Q2 2023 Earnings Presentation
16 slides from Wastbygg Gruppen Ab Class B's earnings presentation, Aug 31, 2023
Slide 1: Interim Report January – June 2023
INTERIM REPORT JANUARY – JUNE 2023 August 31, 2023 AHLSELL, HALLSBERG
Slide 2: Today's Presenters
TODAY’S PRESENTERS JONAS JÖNEHALL JESSICA GÅRDMO Chief Executive Officer Chief Financial Officer 2
Slide 3: Second Quarter 2023 In Brief
SECOND QUARTER 2023 IN BRIEF • A more solid basis created for sustainable profitability long-term, following review and restructuring of operations. • Limited effect of write-downs, restructuring costs and reservations on the Group's cash flow going forward. • Possibilities for better profitability
Slide 4: Second Quarter 2023 Significant Agreements
SECOND QUARTER 2023 SIGNIFICANT AGREEMENTS Two major contracts within Logistics and Industry H2 Green Steel • Production plant of ~150,000 sqm. in Boden. Order value approx. SEK 1.7 bn. Order value to be recognized after final project financing approval Ahlsell • A 57,000 sqm expansion of Ahlsell’s
Slide 5: Second Quarter 2023 Key Figures
MULTI HALL, LJUNGBY SECOND QUARTER 2023 KEY FIGURES SEK 1.4 bn -19.3% Revenue (1.5 bn) EBIT margin (4.3%) SEK 1.2 bn SEK 4.6 bn Order intake (1.6 bn) Order backlog (6.8 bn) DISTRIBUTION OF REVENUE Residential 37% 32% 31% Construction Commercial 69% Project Development Logistics & industry 31% As of
Slide 6: First Half 2023 Key Figures
H2 GREEN STEEL, BODEN FIRST HALF 2023 KEY FIGURES SEK 2.7 bn -8.7% Revenue (2.7 bn) EBIT margin (3.5%) SEK 1.5 bn SEK 4.6 bn Order intake (2.9 bn) Order backlog (6.8 bn) DISTRIBUTION OF REVENUE Residential 35% 32% 30% Construction Commercial 70% Project Development Logistics & industry 33% As of Q2
Slide 7: Residential
RESIDENTIAL SEGMENT DEVELOPMENT • Focus on multi dwelling buildings (condominiums and rental apartments) and student housing. • Construction and project development. PRODUCTION, NUMBER OF FLATS Completed during the second quarter 346 Ongoing June 30 1,394 – of which construction 793 SOLURET, MALMÖ –
Slide 8: Commercial
COMMERCIAL SEGMENT DEVELOPMENT • Focus on commercial properties including retail, offices, community service properties and hotels. • Construction and project development. PRODUCTION, NUMBER OF SQM Completed during the second quarter 45,423 Ongoing June 30 119,967 – of which construction 117,167 SLÄ
Slide 9: Logistics and Industry
LOGISTICS AND INDUSTRY SEGMENT DEVELOPMENT • Focus on larger logistics and industrial buildings under the brand of LC. • Construction and project development. PRODUCTION, NUMBER OF SQM Completed during the second quarter 158,000 Ongoing June 30 289,500 – of which construction 209,500 VERDION, GOTHEN
Slide 10: Order Intake and Backlog Since 2019
ORDER INTAKE AND BACKLOG SINCE 2019 SEASONALITY WITH STRONG DISTRIBUTION OF ORDER INTAKES IN Q2 AND Q4 Order intake (LHS) Order backlog (RHS) Revenue (RHS) ORDER BACKLOG 3 500 7 000 3 000 6 000 26% 33% 2 500 5 000 2 000 4 000 41% 1 500 3 000 1 000 2 000 Residential Commercial 500 1 000 Logistics & i
Slide 11: Medium Term Financial Targets
MEDIUM TERM FINANCIAL TARGETS TARGET OUTCOME Annual growth target 10% 18.8% over time CAGR’20-LTM • Continuous profitable growth • Continued focus on risk avoidance and profitability in every project EBIT margin >6% -19.3% • Build a balanced portfolio of project JUN 23-LTM development projects acros
Slide 12: Sustainability – Once Again Rated Excellent
SUSTAINABILITY – ONCE AGAIN RATED EXCELLENT GREEN SHARES (%) 20201 20211 20221 2023 DIVERSITY, END OF PERIOD (%) 20201 20211 20221 Jun 2023 100 50 PROPORTION OF WOMEN 40 75 2 2 40 40 40 74 77 78 74 76 79 2 68 71 73 30 65 65 65 33 50 29 20 26 27 27 24 19 21 20 25 10 0 0 REVENUE OPERATING ORDER BACKLO
Slide 13: Selected New Orders After June 2023
SELECTED NEW ORDERS AFTER 30 JUNE 2023 • Agreement to extend Slätten school in Jönköping municipality with a gym and canteen. Order value SEK 93 m. • Agreement with Ljungby municipality for a sports and cultural events complex of 6,500 sqm. Order value SEK 143 m. • Agreement with LogiDev for a logis
Slide 14: Summary
SUMMARY • Continued strong order backlog, business growth and equity ratio • Focus on restoring profitability levels • Reduce the group’s debt ratio going forward • With a stronger organization focusing on our core business, we are better adapted to current and expected future market conditions 15
Slide 15: Q&A
Q&A JONAS JÖNEHALL JESSICA GÅRDMO Chief Executive Officer Chief Financial Officer 16
Slide 16: Thank You!
Next interim report: November 9, 2023 THANK YOU! 17