Slide 1: Q2 2024 Audiocast
Q2 – 2024 Audiocast, July 23th, 2024 Erik Stenfors, CEO Lars Åkerblom, CFO 1
Slide 2: Agenda
Agenda Market, trends and HANZA Progress report Q2 Financial development Short- and long-term outlook Q&A 22 HANZA Q2 2024
Slide 3: Market and demand
Market and demand Continued weak economy during Q2 The first half of 2024 has been characterized by a traditional recession, i.e. lower demand resulting in lower revenue. In Q2 demand remained weak from several industries, such as mining, textiles and recycling. Some other sectors, such as energy, s
Slide 4: Supply chain trend
Climate emissions Supply chain trend Globalization is still under review Focus on resilient supply chains Disasters, accidents and conflicts cause constant disruption (examples, right). Focus on green supply chain The Panama Canal Ever Given incident Reducing transport is an important aspect for the
Slide 5: The HANZA concept, a case study
The HANZA concept, a case study Strategic sales: Restructuring a supply chain (MIGTM) Mitsubishi Logisnext is a leading provider of logistics solutions with self-designed forklifts. Over 40 suppliers plus Mitsubishi's own final assembly are replaced by HANZA Baltics. ALL YOU NEED IS ONE TM Sweden Fi
Slide 6: Progress report Q2
Progress report Q2 New sales In Q2 we saw strong new sales, well distributed across different customer segments and geographies. Examples: • Single largest order to date, 134 MSEK from a global leader in the defense industry. Delivery start Jan 2025. • One of the new interesting customers is Munters
Slide 7: Progress report Q2
Progress report Q2 Continued long-term strategic work Strategy 2025. Execution of a plan to expand and develop HANZA's manufacturing clusters. Tailor-made factories bring new operational benefits. In June, a new factory was inaugurated in Estonia and a factory is under construction in Sweden, expect
Slide 8: Sustainability main activities in Q2
Sustainability main activities in Q2 Waste/sales, tons/MSEK Use/sales MWh/MSEK 0,26 0,21 0,21 12,4 2022 Ongoing work connected with CSRD. Our dual materiality 10,15 9,44 2023 analysis and mapping of scope 3 emissions is almost 2024 Jan-Jun complete, and the projection for emissions in 2023 has 2022
Slide 9: Q2 Financials
Q2 Financials Sales (MSEK) Sales 1500 5000 Net sales grew by 14 % to 1,221 MSEK (1,068). 1200 4000 Sales was flat from Q1-24, in line with previous estimates. 900 3000 Sales adjusted for acquisitions and currency was down 8% compared 600 2000 to Q2-23, due to macroeconomic factors. Strong comparativ
Slide 10: Q2 Financials
Q2 Financials Segment Main markets Main markets, operating profit Net sales up 20% to 723 MSEK (605) 80 15% Sales down 9% adjusted for acquisitions and currency. 60 10% Operating profit excluding OTC was 52 MSEK (67), corresponding 40 to an operating margin of 7.2 % (11.1). 20 5% Adjusted for OTC an
Slide 11: Q2 Financials
Q2 Financials Cashflow Strong cashflow from operations, 135 MSEK (86). Mainly due to a decrease of working capital. (MSEK) Q2 2024 Q2 2023 Capex Amounted to 108 MSEK (92), of which 18 MSEK (49) Equity 1,396 1,048 related to buildings. Equity/Asset ratio 37% 38% Net debt Interest bearing net debt inc
Slide 12: Short-term outlook
Short-term outlook. Positive sales development Demand has stabilized. HANZA’s assessment remains; Economy, and thus demand, will strengthen towards the end of 2024. In addition, the new sales will have a positive impact on revenue. Positive earnings development The large acquisition (Orbit One) has
Slide 13: Long-term outlook. HANZA's growth journey
Long-term outlook. HANZA's growth journey A structured expansion model ca. 5 bn. ANNUAL SALES ca. 3 bn. ca. 2 bn. ca. 1 bn. (SEK) "HANZA 2013" "HANZA 2017" "HANZA 2022" "HANZA 2025" HANZA 202x TBC 2009-2013 2014-2017 2018-2022 2023-2025 2026-202x Initial phase Technology Geography Expansion Geograph
Slide 14: Q&A
Q&A 14 HANZA Q2 2024
Slide 15: www.hanza.com
ALL YOU NEED www.hanza.com IS ONE 15 HANZA Q2 2024
Slide 16: Disclaimer
Disclaimer This presentation and the information contained herein are being presented by HANZA Holding AB (publ) (the “Company”). By attending a meeting where this presentation is presented, or by reading this presentation, you agree to be bound by the following limitations and notifications. This p