Berner Industrier Ab Class B · OMXSTO:BERNER_B
Berner Industrier Ab Class B — Christian Berner Tech Trade — Q1 2016 Earnings Presentation
29 slides from Berner Industrier Ab Class B's earnings presentation, 2016
Slide 1: CBTT – A Technical Trade Company
CBTT A TECHNICAL TRADE COMPANY
Slide 2: Agenda
AGENDA • This is Christian Berner Tech Trade • Our markets • Our business areas • How we create value for our customers • Strategically important initiatives • Financial information • Time for questions
Slide 3: One of the leading technical trade companies in the Nordic region
ONE OF THE LEADING TECHNICAL TRADE COMPANIES IN THE NORDIC REGION – STRATEGIC PARTNER AND CONSULTANT SINCE 1897
Slide 4: Our business idea
OUR BUSINESS IDEA Christian Berner Tech Trade offers technical solutions, products and services to companies and public sector businesses in the Nordic countries. We make our customers more competitive and simplify their daily activities through needs assessment analyses, consultations, services and
Slide 5: We improve environments that affect many people
WE IMPROVE ENVIRONMENTS THAT AFFECT MANY PEOPLE Sustainable Sustainable products production New products from Reduced energy renewable sources, by- consumption, less product processing waste, increased and recovery of accessibility and discarded materials. longer product life. Quiet environments Cle
Slide 6: 120 employees in the Nordic countries
120 EMPLOYEES IN THE NORDIC COUNTRIES
Slide 7: Market: the Nordic countries
MARKET: THE NORDIC COUNTRIES TURNOVER PER MARKET YEAR 2015, mSEK
Slide 8: Our business areas
OUR BUSINESS AREAS Christian Berner Tech Trade acts as a strategic partner and consultant for the sales of technical products and systems. Our activities are divided into two business areas: Materials Technology and Process & Environment. MATERIALS TECHNOLOGY PROCESS & • Technical Plastics ENVIRONME
Slide 9: Turnover and EBITDA per business area 2015
TURNOVER AND EBITDA PER BUSINESS AREA 2015 PERCENTAGE TURNOVER PER PERCENTAGE EBITDA PER BUSINESS AREA BUSINESS AREA 39% 47% 53% 61% Process & Environment Materials Technology Process & Environment Materials Technology
Slide 10: Business area Process & Environment
BUSINESS AREA PROCESS & ENVIRONMENT
Slide 11: Business area Process & Environment
BUSINESS AREA PROCESS & ENVIRONMENT • More renewable fuel in Finland • Tailored quality solution for a new factory in Norway
Slide 12: Business area Materials Technology
BUSINESS AREA MATERIALS TECHNOLOGY
Slide 13: Business area Materials Technology
BUSINESS AREA MATERIALS TECHNOLOGY Quieter trams in Safer and cheaper biogas Gothenburg production
Slide 14: How we create value for our customers
HOW WE CREATE VALUE FOR OUR CUSTOMERS
Slide 15: Increase in added value sales
INCREASE IN ADDED VALUE SALES • Educational and informational efforts • Developing our offerings – benefiting from the Group’s know-how Service • Goals for the initiative: Higher margins and Consultation larger order volumes Quality products Installation System Processing solutions
Slide 16: Growth strategy
GROWTH STRATEGY • To grow within new and existing product areas • To develop our offerings, e.g. in terms of services • Organic growth and acquired growth in the Nordic market
Slide 17: Financial information
KN CHRISTIAN BERNER FINANCIAL INFORMATION
Slide 18: CBTT – Turnover and profit margin
CBTT − TURNOVER AND PROFIT MARGIN % 500 7% MSEK 450 6% 400 5% 350 300 4% 250 3% 200 2% 150 1% 100 50 0% - -1% 2010 2011 2012 2013 2014 2015 Turnover Profit margin %
Slide 19: Summary of Q1 2016
SUMMARY OF Q1 2016 Orders received Orders received increased to mSEK 107.7 (107.6) in the first quarter. Total turnover The total turnover in Q1 was mSEK 97.1 (105.1), a reduction of 8%. PROFIT INCREASE FOR Q1 2016 Operating result before depreciations (EBITDA) Increased by 13% to mSEK 6.4 (5.6). 13
Slide 20: Key figures for the CBTT Group
KEY FIGURES FOR THE CBTT GROUP CBTT Group 2016-Q1 2015-Q1 2015 Turnover 97.1 105.1 446.7 Sales increase -7.6% 13.0% 13.4% EBITDA 6.4 5.6 28.6 EBITDA margin % 6.6% 5.4% 6.4% Result per share 0.20 0.19 1.20 Return on equity 28.4% 20.6% 31.0% Balance sheet total 169.1 161.3 174.8 Equity 90.0 72.7 86.2
Slide 21: Segment data per country
SEGMENT DATA PER COUNTRY Sweden Denmark 290 000 14% 25 000 10% 280 000 12% 20 000 5% 270 000 10% 8% 15 000 260 000 0% 6% 10 000 250 000 4% 5 000 -5% 240 000 2% 230 000 0% - -10% R12-OMS R12-EBITDA % R12-OMS R12-EBITDA % Norway Finland 90 000 8,0% 60 000 8% 80 000 70 000 6,0% 50 000 6% 60 000 40 000
Slide 22: Segment data per business area
SEGMENT DATA PER BUSINESS AREA Q1 2016 - Process & Environment Q1 2016 - Materials Technology Turnover & EBITDA % Turnover & EBITDA % 90 12,0% 80 15,0% KSEK 80 70 KSEK 70 60 12,0% 9,0% 60 50 9,0% 50 6,0% 40 40 30 6,0% 30 20 3,0% 20 3,0% 10 10 - 0,0% - 0,0% Turnover EBITDA margin % Turnover EBITDA ma
Slide 23: Ownership
OWNERSHIP Total Class A Class B number of Shareholders shares shares shares Capital % Votes % Christian Berner Invest AB 1,250,000 10,264,651 11,514,651 61.4% 75.9% Ernström Kapital AB 2,295,455 2,295,455 12.2% 7.6% Lannebo Micro Cap 2,045,455 2,045,455 10.9% 6.8% AMF Aktiefond småbolag 650,000 650,
Slide 24: Time for questions
TIME FOR QUESTIONS
Slide 25: Profit and loss account
PROFIT AND LOSS ACCOUNT 1 January - 31 December 2016-Q1 2015-Q1 2015 Net turnover 97.1 105.1 446.7 Cost of sales -55.8 -66.1 -276.1 Gross turnover 41.3 39.0 170.6 Operating costs External costs -10.7 -11.1 -39.5 Personnel costs -24.2 -22.3 -102.5 Total operating costs -34.9 -33.4 -142.0 EBITDA 6.4 5
Slide 26: Balance sheet / assets
BALANCE SHEET / ASSETS 1 January - 31 December 2016-Q1 2015-Q1 2015 Intangible fixed assets 7.3 8.6 7.6 Tangible fixed assets 10.2 11.0 10.5 Financial fixed assets 0.2 0.2 0.2 Deferred tax assets 3.6 0.0 3.6 Total fixed assets 21.3 19.8 21.9 Inventory 23.0 24.0 20.7 Short-term receivables 64.3 63.6
Slide 27: Balance sheet / liabilities equity
BALANCE SHEET / LIABILITIES EQUITY 2016-Q1 2015-Q1 2015 Total equity 90.0 72.7 86.2 Total long-term liabilities 6.8 8.1 6.9 Liabilities to credit institutions 2.2 4.8 2.3 Advances from customers 2.8 1.1 3.7 Accounts payable 28.4 35.6 34.4 Tax liabilities 4.4 0.1 4.0 Other liabilities 11.2 10.7 11.9
Slide 28: Cash flow analysis
CASH FLOW ANALYSIS 2016-Q1 2015-Q1 2015 Operating result after adjusments 5.2 4.8 26.2 Increase / decrease Inventory -2.3 -1.8 1.4 Increase / decrease Operating receivables -3.7 -9.0 -5.0 Increase / decrease Operating liabilities -9.9 13.1 13.2 Cash flow from ongoing activities -10.7 7.1 35.8 Cash f
Slide 29: Thank you!
KN CHRISTIAN BERNER THANK YOU!
Christian Berner Tech Trade — Q1 2016 Earnings Presentation on 6ix