Kh Group Plc · OMXHEX:KHG
Kh — Sievi Capital — H1 2021 Earnings Presentation
14 slides from Kh's earnings presentation, Aug 17, 2021
Slide 1: Results presentation H1/2021
Results presentation H1/2021 17 August 2021
Slide 2: Highlights in H1/2021
Highlights in H1/2021 Logistikas and Strong performance Active Nordic Rescue Group by Indoor Group and KH- search for new expanded through Koneet Group investments and add-ons acquisitions 30.4 % 0.19 € -5.7 % return on equity earnings per share gearing 17 August 2021 Sievi Capital Plc 2
Slide 3: We offer a growth platform for Finnish SMEs
We offer a growth platform for Finnish SMEs Sievi Capital’s Committed partner for Finnish companies Value creation in target shareholders companies through active TARGET COMPANIES development work Generating good returns to the owners Network of professional advisers Active ownership Entrepreneurs R
Slide 4: Strong track record of value creation in private equity investments (1/2)
Strong track record of value creation in private equity investments over several years (1/2) Net asset value development, EUR million Exits: Exits: Exits: Exits: Investments: Property and other investments Exits: Investments: Investments: 15.0 1.7 12.7 78.1 77.3 86.0 67.0 53.5 40.7 2016 2017 2018 20
Slide 5: Strong track record of value creation in private equity investments (2/2)
Strong track record of value creation in private equity investments over several years (2/2) Return on equity 30.4 % 27.2 % 22.5 % 17.7 % 17.7 % 12.7 % 2016 2017 2018 2019 2020 H1/2021 (12 mths) Return on equity Long-term minimum target (13 %) 17 August 2021 Sievi Capital Plc 5
Slide 6: Current private equity investments
Current private equity investments Strong, growing companies Target companies and holdings(1) Distribution of the fair values of the investments(1) INDOOR GROUP KH-KONEET GROUP 58 % 66 % LOGISTIKAS NORDIC RESCUE GROUP 66 %(2) 68 % Indoor Group KH-Koneet Group Nordic Rescue Group Logistikas (1) On 30
Slide 7: Indoor Group
Indoor Group Strong performance continued Highlights Financial figures (IFRS), EUR million • The demand was at a good level, but the pandemic still had impacts • Net sales grew by 9 % 96.8 89.1 - The strong growth of online sales continued • Profitability improved clearly and operating profit grew b
Slide 8: KH-Koneet Group
KH-Koneet Group Strong growth in Sweden Highlights Financial figures (FAS), EUR million • The demand developed positively 73.7 - However, the availability of machinery was a challenge • Net sales grew by 45 % and EBITDA improved by 66 % 50.9 - Growth in both countries of operation, particularly in S
Slide 9: Logistikas
Logistikas Logistics services grew organically and through acquisitions Highlights Financial figures (FAS), EUR million • The operating environment was challenging but improved towards the end of H1 10.5 • Net sales decreased by 14 % and EBITDA declined by 0.1 m€ 9.0 - The net sales decrease was due
Slide 10: Nordic Rescue Group
Nordic Rescue Group The company’s operations expanded into Sweden Highlights Financial figures (FAS), EUR million • The demand remained stable 16.3 15.1 - However, there were availability and delivery challenges in the operating environment • Net sales decreased by 7 % • Due to the net sales decreas
Slide 11: Income statement
Income statement Record-breaking result Income statement, IFRS (EUR million) 1–12/2020 1–6/2020 1–6/2021 Interest and dividend income, total 3.2 0.0 2.8 • Key item: 2.7 m€ in dividends from Indoor Realised profits/losses & expenses of investments -2.9 0.0 0.0 Group Unrealised changes in fair values
Slide 12: Net asset value
Net asset value Net asset value continued to increase Investments and net asset value (EUR million) 6/2020 % 12/2020 % 6/2021 % Private equity investments • Private equity investments Indoor Group Holding Oy 28.6 43.8 % 41.5 53.6 % 52.1 60.6 % up by 14.1 m€ from the turn of the year KH-Koneet Group
Slide 13: Summary of H1/2021
Summary of H1/2021 Record-breaking result • Target companies proceeded well in the implementation of their strategies – Indoor Group’s and KH-Koneet Group’s results improved significantly in H1 compared to the comparison period – Logistikas and Nordic Rescue Group expanded through acquisitions • Sie
Slide 14: Upcoming financial reporting dates
24 February Sievi Capital Plc 14 2021