Slide 1: January–March 2023
January–March 2023 Record sales and operating profit supported by increasing customer volumes and easing components availability PETTERI JOKITALO, CEO 26 APRIL 2023
Slide 2: Highlights for Q1 2023
Highlights for Q1 2023 • Record sales driven by strong customer demand, improving Q1 2023 components availability and increased capacity 224.6 M€ / 14.2% • Spot market purchases continued to decrease Turnover / YoY, % • Record operating profit 15.1 improved by 46% (YoY) due to increased sales and im
Slide 3: Record-high customer demand and sales in Q1 2023
Record-high customer demand and sales in Q1 2023 ADVANCE CONSUMER AUTOMATION & SAFETY CONNECTIVITY ENERGY & CLEANTECH MEDTECH & LIFE APPLICATIONS SCIENCE -6.7% y/y 23.4% y/y 22.8% y/y 23.8% y/y 18.7% y/y 51.3 MEUR 52.5 MEUR 13.2 MEUR 67.5 MEUR 40.0 MEUR SPOT purchases of 7.9 MEUR in Q1/23 versus SPO
Slide 4: Major production investments in 2023
Major production investments in 2023 Factory Other Electronics manufacturing line, in production Atlanta, USA Q3 2023 Electronics manufacturing line, in production Sieradz, Poland Q3 2023 Preplanning for a new building of 8,000 m², Sieradz, Poland decision later in 2023 Sieradz factory in Poland 26-
Slide 5: Key Figures
Key Figures 1-3 2023 1-3 2022 Change, % 2022 Turnover, EUR million 224.6 196.6 14.2 843.8 Operating Profit, EUR million 15.1 10.3 46.3 45.4 Operating Profit, % 6.7 5.3 5.4 Net Profit, EUR million 11.8 8.0 46.9 35.0 Earnings per Share, EUR 0.18 0.12 46.6 0.54 Return on Equity, % 20.3 15.2 16.1 Equity
Slide 6: Turnover Q4 2020 – Q1 2023
Turnover Q4 2020 – Q1 2023 MEUR 250 222,3 224,6 212,9 211,9 191,7 196,6 200 172,9 167,8 163,3 154,1 150 100 50 0 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 6
Slide 7: Turnover Q4 2020 – Q1 2023
Turnover Q4 2020 – Q1 2023 Spot purchases and special freights MEUR 29,5 250 17,0 19,6 11,7 14,4 14,6 0,7 5,8 7,9 0 200 216.7 207.7 183.4 192.3 177.3 179.6 167.1 150 162.6 155.1 100 50 154,1 163,3 172,9 167,8 191,7 196,6 212,9 211,9 222,3 224,6 0 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22
Slide 8: Operating Profit Q4 2020 – Q1 2023
Operating Profit Q4 2020 – Q1 2023 MEUR % 15 15,1 13,4 11,5 10 10,4 10,6 10 10,2 10,3 10,1 9,5 6,8% 6,7% 6,1% 6,1% 6,0% 5,7% 5,4% 5 5,3% 5,3% 4,8% 0 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Adjusted operating profit, MEUR Operating profit, adj., % 8
Slide 9: Outlook and focus in 2023
Outlook and focus in 2023 Scanfil revised its outlook 12 April 2023. In revised outlook the company expects its turnover to be EUR 880–940 (previously issued 21 Feb 2023: 820–890) million and adjusted operating profit will be EUR 56– 64 (49–55) million. Focus areas: • Securing and driving organic gr
Slide 10: We serve very strong customer portfolio and attractive end-markets
We serve very strong customer portfolio and attractive end- markets ADVANCE CONSUMER AUTOMATION & SAFETY CONNECTIVITY ENERGY & CLEANTECH MEDTECH & LIFE APPLICATIONS SCIENCE Green energy transition supports our long-term organic growth in Energy & Cleantech, Connectivity, Automation & Safety and Medt
Slide 11: Q&A
SCANFIL Q&A
Slide 12: Key takeaways
Key takeaways • Strong start to 2023: Record sales and operating profit • Operating margin at 6.7 % approaching 7% target level • Spot-market purchases are declining and expected to decline further in 2023 • Net working capital and inventory management in focus • Investments in 2023 to support sales
Slide 13: Contact information and analysts
Inderes Oy Antti Viljakainen +358 44 591 2216 antti.viljakainen(at)inderes.fi Evli Pankki Oyj Joonas Ilvonen Contact information +358 44 430 9071 joonas.ilvonen(at)evli.com and analysts Nordea Oyj Pasi Väisänen +358 9 5300 5192 PETTERI JOKITALO, CEO pasi.vaisanen(at)nordea.com +358 44 7882400 petter
Slide 14: Disclaimer
Disclaimer Not to be published or distributed, directly or indirectly, in any country where its distribution or publication is unlawful. Forward looking statements: certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown risks, uncertaintie
Slide 15: Global contract manufacturer and systems supplier
Global contract manufacturer and systems supplier