Momentum Group Ab Class B · OMXSTO:MMGR_B
Momentum Group Ab Class B — Q3 2024 Earnings Presentation
19 slides from Momentum Group Ab Class B's earnings presentation, Oct 24, 2024
Slide 1: Interim Report January–September 2024
Year-end report 2023 15 February 2024 Momentum Group Interim Report January–September 2024
Slide 2: Presenting today
Presenting today Ulf Lilius Niklas Enmark President and CEO CFO Momentum Group 24 October 2024 2
Slide 3: Agenda
Agenda • Q3 highlights • Development during the quarter • Going forward 3
Slide 4: Q3 highlights: Organic growth with improved EBITA margin and strong contributions from acquisitions
Q3 highlights Organic growth with improved EBITA margin and strong contributions from acquisitions Revenue: EBITA: EBITA/WC: +20% +27% 60% Stable sales growth with organic Improved EBITA margin of High level of profitability. revenue growth of 3%. 12.8% (12.1). Continued strong cash flow. Strong con
Slide 5: Development during the quarter
Development during the quarter
Slide 6: Group: Sales Q3 2024
Group: Sales Q3 2024 • Business climate overall stable • Contribution from acquisitions of SEK 86 m, adding 15% – relatively strong demand in Sweden to growth. – healthy demand in Demark in certain customer segments, • More moderate increase in purchase prices and costs. particularly pharmaceuticals
Slide 7: Group: Earnings Q3 2024
Group: Earnings Q3 2024 • Profit growth due to margin increases in comparable • EBITA margin 12.8% (12.1). companies and contributions from acquisitions. • Net profit SEK 55 m (44). • Operating profit rose by 26% to SEK 78 m (62). • Earnings per share SEK 1.05 (0.85). – Increase in amortisation due
Slide 8: Group: Jan–30 Sep 2024
Group: 1 Jan–30 Sep 2024 • Revenue increased by 30% to SEK 2,128 m (1,631). • EBITA margin of 11.8% (12.0). • Growth in comparable units of 3%. • Net profit SEK 152 m (129). • Operating profit rose by 25% to SEK 220 m (176). • Earnings per share SEK 2.95 (2.60). • EBITA increased by 29% to SEK 252 m
Slide 9: Industry business area
Industry business area Power Transmission Specialist • Positive development in both sales and earnings. • Slightly lower sales with good earnings growth in • Increased demand from customer segments such as comparable units. metal and mining. • Acquired businesses contributed with revenue of SEK • St
Slide 10: Infrastructure business area
Infrastructure business area Flow Technology Technical Solutions • Favourable growth in both sales and earnings. • Stable sales performance with strong earnings growth for comparable units. • Strong demand in Sweden and improved in Denmark. Market in Finland remained cautious. • Good capacity utilis
Slide 11: Profitability, cash flow and financial position
Profitability, cash flow and financial position • EBITA/WC 60% (60). • Cash flow from financing activities SEK –85 m (204) • Return on equity 30% (32). – refers mainly to change in interest-bearing liabilities and paid dividend. • Cash flow from operating activities for the reporting period of SEK 2
Slide 12: Going forward
Going forward
Slide 13: Our three fundamental requirements for long-term profitable growth
Our three fundamental requirements for long-term profitable growth Growth Profitability Development Earnings growth >15% EBITA/WC >45% Successful companies • The foundation for long-term • Financing our continuing and their employees have profitability. development. to continuously dare to • Easier
Slide 14: Our corporate culture
Our corporate culture Decentralised responsibility Will to improve “Better than Simplicity yesterday” • Freedom to independently lead, • Simplicity is to reflect our way of develop and improve the business • Every day, we should be slightly working. operations. better than we were yesterday. • Simpl
Slide 15: Largest shareholders
Largest shareholders Shareholder A shares B shares Capital Votes Nordstjernan 213 19,790,222 39.20% 35.62% Tom Hedelius 513,124 1.02% 9.24% Ampfield Management 5,082,143 10.07% 9.15% Fidelity Investments (FMR) 4,707,243 9.32% 8.47% Lannebo Kapitalförvaltning AB 1,735,915 3.44% 3.12% Tredje AP-fonden
Slide 16: Dates for upcoming financial information
Dates for upcoming financial information 14 February 2025 18 July 2025 Year-end report 2024 Interim report for the second quarter 2025 29 April 2025 24 October 2025 Interim report for the first quarter 2025 Interim report for the third quarter 2025 7 May 2025 18 February 2026 Annual General Meeting
Slide 17: Contact us
Contact us Please email us at ir@momentum.group if you have any questions. Momentum Group momentum.group
Slide 18: Appendix
Appendix
Slide 19: Develops and acquires successful sustainable companies in the Nordic region
Develops and acquires successful sustainable companies in the Nordic region • Leading listed group offering sustainable products, services and solutions for customers in industry and industrial infrastructure. Revenue Profitability • An active owner that focuses on developing and acquiring companies