Addtech Ab Class B · OMXSTO:ADDT_B

Addtech Ab Class B — Q3 2022/2023 Earnings Presentation

13 slides from Addtech Ab Class B's earnings presentation, February 2023

  1. Slide 1: Interim Report 1 April – 31 December 2022

    INTERIM REPORT 1 APRIL – 31 DECEMBER 2022 Niklas Stenberg, President and CEO, and Malin Enarson, CFO

  2. Slide 2: Quarter 3 Highlights

    QUARTER 3 HIGHLIGHTS  High customer activity and Net sales favourable order situation in all business areas SEK 4,653 m, +30%  Organic sales growth of 14%  Margins defended at high levels despite continued inflationary pressure  Strengthened order backlog EBITA-margin 13.5%  The highly uncertai

  3. Slide 3: Quarter 3: Net Sales Development

    QUARTER 3: NET SALES DEVELOPMENT STRONG BUSINESS SITUATION  Net sales increased by 30% of which 14% was organic growth − High customer activity in most market segments and geographies − Increased order backlog despite strong invoicing in the quarter − Disruptions in the value chains continue to sub

  4. Slide 4: Quarter 3: EBITA Development

    QUARTER 3: EBITA DEVELOPMENT HIGH EARNINGS GROWTH  37% EBITA growth with a margin of 13.5% − Solid contribution from all business areas − Margins defended due to active efforts to offset high inflationary pressure − Despite increased inventory, operating cash flow strengthened over the quarter − P/

  5. Slide 5: Quarter 3: Business Area Development

    QUARTER 3: BUSINESS AREA DEVELOPMENT SOLID CONTRIBUTION ACROSS THE BOARD AUTOMATION ELECTRIFICATION ENERGY INDUSTRIAL SOLUTIONS PROCESS TECHNOLOGY Net sales SEK 877 m (691) +27% Net sales SEK 1,001 m (677) +48% Net sales SEK 1,267 m (918) +38% Net sales SEK 802 m (722) +11% Net sales SEK 713 m (585)

  6. Slide 6: April – December: Continued Value Creation

    APRIL 1 – DECEMBER 31 CONTINUED VALUE CREATION  Net sales increased by 33% to SEK 13,447 m (10,122)  The organic growth amounted to 17% and acquired growth amounted to 12%  EBITA increased by 39% and amounted to SEK 1,782 m (1,286) corresponding to an EBITA margin of 13.3% (12.7)  Operating prof

  7. Slide 7: Our International Expansion Continues

    OUR INTERNATIONAL EXPANSION CONTINUES Acquisition Business area Access Net sales, SEKm* Employees*  10 companies acquired Intertrafo Oy Energy April 2022 30 15 during the fiscal year adding Electric Control Systems Automation AS Process Technology April 2022 75 31 SEK 850 m and 250 new Impulseradar

  8. Slide 8: Supports the Transition to Renewable Energy

    SUPPORTS THE TRANSITION TO RENEWABLE ENERGY Country: The Netherlands  Niche provider of engineered high-end valves, steam attemperators and Employees: 27 valve systems mainly to the power generation industry Annual sales: SEK 140 m  AVS has developed a strong sales proposition for increased reliab

  9. Slide 9: Result and Margins

    RESULT AND MARGINS 3 months ending 9 months ending 12 months ending (SEKm) 31 Dec 22 31 Dec 21 31 Dec 22 31 Dec 21 31 Dec 22 31 Mar 22 Net Sales 4,653 3,586 13,447 10,122 17,363 14,038 Cost of sales & op. expenses -4,142 -3,225 -11,969 -9,091 -15,472 -12,594 Other operating items 25 21 29 34 52 57 O

  10. Slide 10: Cashflow

    CASHFLOW 3 months ending 9 months ending 12 months ending (SEKm) 31 Dec 22 31 Dec 21 31 Dec 22 31 Dec 21 31 Dec 22 31 Mar 22 Profit after financial items 492 364 1,394 1,019 1,808 1,433  Strengthened cashflow Adj. for non cash items 156 147 522 420 696 594  P/WC remained high at 65% Income tax pai

  11. Slide 11: Key Financial Indicators

    KEY FINANCIAL INDICATORS (SEKm) 31 Dec 22 31 Mar 22 31 Dec 21 Total equity (SEKm) 5,148 4,259 3,952 Equity per share, SEK 17.70 14.60 13.65 Equity ratio, % 35 34 35 Return on working capital (P/WC), % 65 69 66 Return on equity, % 31 30 28  Financial position remained strong Return on capital employ

  12. Slide 12: Five Areas for Future Growth

    FIVE AREAS FOR FUTURE GROWTH AUTOMATION ELECTRIFICATION ENERGY INDUSTRIAL PROCESS SOLUTIONS TECHNOLOGY MOTION & BATTERY ENERGY MATERIAL PROCESS DRIVES SYSTEMS PRODUCTS PROCESSING SYSTEMS CONNECTIVITY EMISSION INDUSTRIAL IT ENERGY VEHICLE SOLUTIONS CONTROL & SENSORS SUPPLY SOLUTIONS POWER & PROCESS M

  13. Slide 13: Summary

    SUMMARY  High customer activity in all business areas – organic sales growth of 14%  Strong earnings growth – margins improved  Strengthened order backlog  Strengthened cashflow and continued strong financial position  The international expansion continues  Highly uncertain macro situation – v

Addtech — Q3 2022/2023 Earnings Presentation on 6ix