Slide 1: Big boost to order intake sets a stable base for higher sales and improved earnings
BEIJER electronics GROUP Big boost to order intake sets a stable base for higher sales and improved earnings 1 January – 30 June 2021 Per Samuelsson, CEO & Joakim Laurén, CFO
Slide 2: Agenda
Agenda • Business update • Financial performance • Concluding notes and Outlook • Q&A |2
Slide 3: Business update for the quarter, i)
Business update for the quarter, i) • Clear signs of market recovery. • All time high orders in the quarter at 514 MSEK. • Sales continued impacted negatively by the global component shortage situation with about 11-12%, limited the growth to +9%. Affect all three business entities. • EBIT result ha
Slide 4: Business update for the quarter, ii)
Business update for the quarter, ii) • Good order growth in Westermo fuelled by a larger Train order of 36 MSEK. Strong pipeline gives confidence for Westermo coming quarters. The performance of ELTEC was very good and contributed well. • Market traction for Beijer Electronics and another quarter wi
Slide 5: Group orders and sales
BEIJER GROUP 550 Orders 2 200 550 Sales 2 200 500 2 000 500 2 000 450 1 800 450 1 800 400 1 600 400 1 600 350 1 400 350 1 400 MSEK by LTM MSEK by Qtr MSEK by LTM MSEK by Qtr 300 1 200 300 1 200 250 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 Q
Slide 6: Agenda
Agenda • Business update • Financial performance • Concluding notes and Outlook • Q&A |6
Slide 7: Group – strong demand while continued supply challenge limit sales
Group – strong demand while continued supply challenge limit sales Q2 Q2 YTD YTD MSEK 2021 2020 % 2021 2020 % FY 2020 Comments to Q2 Order intake 514.3 335.5 53% 931.5 741.3 26% 1,449.0 Sales 389.8 357.5 9% 740.7 752.8 -2% 1,437.7 Sales hampered 11-12% due to the EBIT 9.8 7.9 24% 14.5 16.3 -11% 15
Slide 8: Westermo – market starts to pick up and strong orders
Westermo – market starts to pick up and strong orders Q2 Q2 YTD YTD MSEK 2021 2020 % 2021 2020 % FY 2020 Comments to Q2 Order intake 276.8 198.6 39% 448.9 400.5 12% 778.9 Sales 206.1 189.4 9% 393.6 404.0 -3% 769.0 EBIT 19.7 21.6 -9% 36.7 55.0 -33% 85.9 A 36 MSEK order booked from a North EBIT% 9.6
Slide 9: Beijer Electronics – market traction but profitability limited by shortage
Beijer Electronics – market traction but profitability limited by shortage Q2 Q2 YTD YTD MSEK 2021 2020 % 2021 2020 % FY 2020 Comments to Q2 Order intake 216.4 120.7 79% 436.8 308.3 42% 595.0 Sales 164.2 153.0 7% 308.0 316.9 -3% 599.1 EBIT 0.0 -2.0 -0.5 -6.6 -92% -22.4 Good order development drive
Slide 10: Korenix – positive development and result in black
Korenix – positive development and result in black Q2 Q2 YTD YTD MSEK 2021 2020 % 2021 2020 % FY 2020 Comments to Q2 Order intake 25.1 19.7 27% 52.6 40.0 31% 89.0 Sales 23.6 18.6 26% 45.9 39.4 17% 83.5 EBIT 0.1 -3.4 -1.3 -12.4 -89% -12.1 Positive development with good order EBIT% 0.4% -18.1% -2.8%
Slide 11: Agenda
Agenda • Business update • Financial performance • Concluding notes and Outlook • Q&A | 11
Slide 12: Concluding notes by Per...
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: Outlook
Outlook “BEIJER GROUP expects a good potential to achieve better financial performance in 2021 than in 2020” | 14
Slide 15: Agenda
Agenda • Business update • Financial performance • Concluding notes and Outlook • Q&A | 15
Slide 16: BEIJER GROUP
BEIJER GROUP Leading technology group providing solutions for a secure and connected world | 16