Investment Ab Latour Class B · OMXSTO:LATO_B
Investment Ab Latour Class B — Debt Investor Presentation (June 2022)
33 slides from Investment Ab Latour Class B's debt investor presentation, June 2022
Slide 1: Green Financing Framework presentation
Green Financing Framework presentation Investment AB Latour June 2022 Anders Mörck, CFO Katarina Rautenberg, Head of Sustainability Torbjörn Carlén, Director of Treasury Mikael Börjesson, Sustainability Director, Swegon 1
Slide 2: Important Information
IMPORTANT INFORMATION Acceptance of limitations: The information in this presentation (the “Material”) is furnished by Investment AB Latour (publ) (the “Company”) solely for the recipient’s information. The intended recipients are determined solely by the Company. By attending a meeting where the Ma
Slide 3: Agenda
Investment AB Latour Agenda Introduction to Latour Sustainability strategy Green Financing Framework Summary Q&A Appendix 3
Slide 4: The long-term investment company
Introduction to Latour The long-term investment company Founded in 1985 by > 63 % of the Acts as active the Douglas family who holdings has been part principal owner in all still are the largest of the Latour Group holdings shareholder more than 20 years Market cap SEK Net asset value Total return t
Slide 5: Three business lines
Introduction to Latour Three business lines WHOLLY-OWNED INVESTMENT OPERATIONS PORTFOLIO Bemsiq Alimak Group Caljan ASSA ABLOY Estimated value Market value Hultafors Group CTEK SEK 48.6 billion Nord-Lock Group Fagerhult SEK 79.2 billion Swegon HMS Networks Latour Industries Nederman Securitas Latour
Slide 6: What we look for in a company
Introduction to Latour What we look for in a company Proprietary products Global megatrends Financial targets Internationalization 6
Slide 7: What we look for in a company
Introduction to Latour What we look for in a company DEMOGRAPHIC GROWTH AND GLOBALISATION URBANISATION v SUSTAINABILITY DIGITALISATION 7
Slide 8: Wholly-owned operations
Introduction to Latour Wholly-owned operations 15 % 79 % 6% 67 % 49 % 2015 2021 Net sales outside the Nordics 8 31 March, 2022
Slide 9: Financial targets
Introduction to Latour Financial targets Annual growth >10% Operating margin >10% Return on operating capital 15 - 20% Internal loan limitation: 2.5 x EBITDA (3 years rolling average) + 10 per cent of investment portfolio at market value 9
Slide 10: Long term profitable development
Introduction to Latour Long term profitable development 10
Slide 11: Sustainability Strategy
Green Financing Framework presentation Sustainability Strategy 11
Slide 12: Sustainability in focus
Sustainability strategy Sustainability in focus Reflected in our core values Integrated in all parts of Latour A responsible and long-term principal owner 12
Slide 13: Minimum requirements along with high expectations
Sustainability strategy Minimum requirements along with high expectations UN Global Compact TCFD 8 ways to measure Code of Conduct sustainability 13
Slide 14: Creating networks and investing in sustainability drives the development
Sustainability strategy Creating networks and investing in sustainability drives the development 14
Slide 15: Latour Future Solutions adds value
Sustainability strategy Latour Future Solutions adds value 15
Slide 16: Green financing to further strengthen our sustainability focus
Sustainability strategy Green financing to further strengthen our sustainability focus Latour Green Financing Framework: In accordance with EU taxonomy European Green Bond Standard (proposed) Rated by Cicero Shades of Green ”Medium Green” framework ”Excellent” governance and reporting 16
Slide 17: Feel good inside
Feel good inside Latour – Green bonds presentation 17
Slide 18: Our purpose in the world
Our purpose in the world We enable healthy and comfortable indoor environments for people to be at their best, today and tomorrow. 18
Slide 19: Why it matters
Why it matters Time spent indoors Strategic thinking ~90% Cognitive function Employees satisfied with their work environment are: 16% More productive 18% More likely CO2 levels (ppm) to stay 19
Slide 20: Wherever people spend their time
Wherever people spend their time Products for all kinds of applications Hotel & Conference Residential Retail Office Hospital School & University Arena/ Culture 20
Slide 21: It's not just what's inside that counts
It’s not just what’s inside that counts How we minimise environmental impact • Efficient products • Easy access to information • Continuous monitoring of legislation • Responsible use of resources and materials 21
Slide 22: Swegon operation Kvänum
Swegon operation Kvänum 22
Slide 23: Welcome to Kvänum
Welcome to Kvänum 40.000 m² 350 employees 110 million Euro turnover 9000 products/year (GOLD) 23
Slide 24: Constant development
Constant development GOLD Ventilation + Control 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22 24
Slide 25: World-class energy efficiency
World-class energy efficiency 25
Slide 26: Feel good inside
Feel good inside
Slide 27: Green Financing Framework
Green Financing Framework presentation Green Financing Framework 27
Slide 28: Green financing framework in accordance with the EU taxonomy and the proposed European Green Bond Standard
Sustainability strategy Green financing framework in accordance with the EU taxonomy and the proposed European Green Bond Standard Strict selection criteria – compliant with: The selected categories and criterias in the framework The exclusion criteria The Technical Screening Criteria (TSC)
Slide 29: Use of financing proceeds to further strengthen our sustainability focus
Green Bond Financing Framework Framework Use of financing Green proceeds to further strengthen our sustainability focus 1. Manufacturing of Energy Efficient Products 2. Energy Efficiency 3. Construction and Real Estate Activities 29
Slide 30: Process for Project Evaluation
Green Bond Financing Framework Framework Process for Project Green financing Evaluation to further & Selection, strengthen our sustainability focus Management of Proceeds, Reporting & Transparency Projects identified on local level REPORTING Evaluated by Green Business Council (GBC) Dedicated
Slide 31: Second Party opinion by Cicero
Green Financing Framework Second Party opinion by Cicero "Latour demonstrates a seriousness about sustainability, with sustainability requirements a ‘deal-breaker’ for potential investments. Its commitment to sustainability is supported by material targets for its wholly owned holdings, for example
Slide 32: Summary
Green Financing Framework Summary Green Financing Framework – rated Medium Green (Cicero) in accordance with the proposed European Green Bond Standard and the EU taxonomy, High quality and sustainable companies with high and stable profitability and high diversity through its diversified customer po
Slide 33: Q&A
Green Financing Framework presentation Q&A 33
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