Slide 1: Good order intake paves the way for higher sales and improved earnings
BEIJER electronics GROUP Good order intake paves the way for higher sales and improved earnings 1 January – 31 March 2021 Per Samuelsson, CEO & Joakim Laurén, CFO
Slide 2: Agenda
Agenda Business update Financial performance Concluding notes and Outlook Q&A
Slide 3: Business update for the quarter, i)
Business update for the quarter, i) Signs of market recovery in the quarter Good order intake driven mainly by Beijer Electronics Sales impacted negatively by the global electronic component shortage situation with about 8-10% and came out on similar level as last quarter The lower cost base
Slide 4: Business update for the quarter, ii)
Business update for the quarter, ii) Good order bookings in Beijer Electronics driven by all geographical regions open up for sales growth and profitability Beijer Electronics in the short term No larger projects booked in Westermo in the quarter but the strategic direction, the strong pipeline
Slide 5: Order intake and sales
BEIJER GROUP Order intake Sales 450 1 800 450 1 800 400 1 600 400 1 600 350 1 400 350 1 400 300 1 200 300 1 200 MSEK by LTM MSEK by Qtr MSEK by LTM MSEK by Qtr 250 1 000 250 1 000 200 800 200 800 150 600 150 600 100 400 100 400 50 200 50 200 0 0 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4
Slide 6: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 7: Group ― sales moving sideways and result back in black
BEIJER GROUP Group ― sales moving sideways and result back in black Q1 Q1 MSEK 2021 2020 % Comments to Q1 Order intake 417.2 405.8 3% Sales 350.9 395.3 -11% Sales on similar level as last quarter of EBIT 4.6 8.4 -45% 2020 as component shortage impact EBIT% 1.3% 2.1% deliveries 8-10%. EBIT on +4.
Slide 8: Westermo ― similar sales and result as last quarter
Westermo Westermo ― similar sales and result as last quarter Q1 Q1 MSEK 2021 2020 % Comments to Q1 Order intake 172.1 201.9 -15% Sales 187.4 214.6 -13% The comparison to Q1 last year is EBIT 17.0 33.4 -49% challenging as it was a record quarter. EBIT% 9.1% 15.6% Both sales and result came in sli
Slide 9: Beijer Electronics ― strong order bookings
Beijer Electronics Beijer Electronics ― strong order bookings Q1 Q1 MSEK 2021 2020 % Comments to Q1 Order intake 220.3 187.7 17% Sales 143.8 164.0 -12% All geographical regions ― Americas, EBIT -0.5 -4.6 -88% EMEA and APAC ― showed good order EBIT% -0.4% -2.8% growth in the quarter and consolidate
Slide 10: Korenix ― good order intake and lowered cost base
Korenix Korenix ― good order intake and lowered cost base Q1 Q1 MSEK 2021 2020 % Comments to Q1 Order intake 27.5 20.3 35% Sales 22.3 20.7 8% Continued positive order development EBIT -1.4 -9.0 -85% with sequential growth of +14%. EBIT% -6.2% -43.6% Sales improve vs Q1 last year but still somewh
Slide 11: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 12: Concluding notes by Per...
| 12 Concluding notes by Per... BEIJER GROUP
Slide 13: Our strategy
Our strategy Our strategy Leading technology High degree of Decentralised Growth target Group; high-tech repetitive revenues organisation close to achieved through hardware and creates stability over the customer organic growth and software time acquisitions | 13
Slide 14: Well positioned for innovation driven growth
Our strategy Well positioned for innovation driven growth 7 development Revenues R&D spending Share of sales ROI in R&D centres 189 MSEK 2020 67% 2-3 200 development new products 0-5 years years in average engineers, of which 120 in software Time Long-term development in cooperation with 5-15 years
Slide 15: Outlook
Outlook ” There are reasons for increased optimism and the short-term uncertainty regarding demand has been reduced. This offers BEIJER GROUP good potential to achieve better financial performance in 2021 than in 2020.” | 15
Slide 16: Five reasons to invest in BEIJER GROUP
Five reasons to invest in BEIJER GROUP 1 Digitalisation is driving demand 3 Strong growth 5 Autonomous business entities 2 Leading products 4 Attractive product portfolio | 16
Slide 17: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 18: BEIJER GROUP
BEIJER GROUP BEIJER GROUP