Elanders AB Class B · OMXSTO:ELAN_B
Elanders AB Class B — Q4 2023 Earnings Presentation
18 slides from Elanders AB Class B's earnings presentation, Jan 31, 2024
Slide 1: Quarterly Report October – December 2023
31 January 2024 QUARTERLY REPORT October – December 2023
Slide 2: Elanders today
Elanders today AMERICAS EUROPE ASIA ~15 ~1,000 ~80 ~5,000 ~20 ~1,500 LOCATIONS EMPLOYEES LOCATIONS EMPLOYEES LOCATIONS EMPLOYEES ~20% ~60% ~20% SHARE OF NET SALES SHARE OF NET SALES SHARE OF NET SALES THE GROUP >7,000 ~20 € ~1,4 B >100 EMPLOYEES COUNTRIES ANNUAL NET SALES LOCATIONS 2
Slide 3: Elanders' customer segments
Elanders’ customer segments Our customer segments’ approximate share of total net sales* 28% 25% 20% 12% 4% 11% Fashion Electronics Automotive Industrial Health Care Other *As a percentage of rolling 12 months total net sales as of December 31, 2023 3
Slide 4: Operational highlights and financials Q4, 2023
Operational highlights and financials Q4, 2023 4
Slide 5: Fourth quarter 2023
Fourth quarter 2023 A challenging market - All regions and the majority of our customer segments continue to show a softer market. - Despite lower demand, the Group’s EBITA margin came in at the same level as last year. Negative organic growth, mainly due to a normalization of freight prices wit
Slide 6: Fourth quarter 2023 – Supply Chain Solutions
Fourth quarter 2023 Supply Chain Solutions Q4 Q4 Key figures 2023 2022 Challenging quarter for Supply Chain Solutions Net sales, SEK million 2,855 3,259 - Negative growth, partly due to a normalization of freight prices within the Air & Sea freight forwarding operations, EBITA adjusted, SEK million
Slide 7: Fourth quarter 2023 – Print & Packaging Solutions
Fourth quarter 2023 Print & Packaging Solutions Q4 Q4 Key figures 2023 2022 Improved profitability in Print & Packaging Solutions Net sales, SEK million 757 874 - Margins improved despite negative growth in almost all customer segments. EBITA adjusted, SEK million 86 88 - The Q4 sales is normally st
Slide 8: Customer segments
Customer segments Weakened demand in North America and still a soft market in Europe. New FASHION 28% sales are currently unable to cover the decline from existing customers and results in overcapacity. ELECTRONICS 25% Weak demand in both Europe and Asia. Technical Logistics, part of our Life Cycle
Slide 9: The acquisition of Kammac
The Goingacquisition forward of Kammac Kammac Ltd (“Kammac”) has yearly sales of around MGBP 90 with double-digit EBITA margin. Kammac has a unique concept with a cluster of 15 warehouses in the northwestern part of England. Several warehouses offer services like bonded warehouses and temperatur
Slide 10: Going forward
Going forward Over time, the acquisition of Kammac will help us to improve the EBITA margin, but also strengthen our offering. Kammac will be an important engine in the efforts to fill up our excess capacity, which is currently putting pressure on our profitability. With our normally strong un
Slide 11: Questions?
Questions? "1 ~@ elanders GROUP
Slide 12: This is Elanders
KEY FACTS This is Elanders HQ GOTHENBURG, SWEDEN NASDAQ OMX STOCKHOLM TWO BUSINESS AREAS 80% 20% Supply Chain Solutions Print & Packaging Solutions GLOBAL OPERATIONS ~1.4 >7,000 >100 Annual net sales, EUR billion Number of employees Locations, total ~1,500,000 ~20 Total m 2 of production and warehou
Slide 13: Reduction targets for greenhouse gas (GHG) emissions
Reduction targets for greenhouse gas (GHG) emissions 2030 2040 2050 Elanders will reduce GHG Elanders will reduce GHG Elanders will achieve net zero emissions within scope 1 and 2 emissions within scope 1 and 2 over the entire value chain. by 50% and scope 3 emissions by 75%. related to own operatio
Slide 14: Elanders' business proposal
Elanders’ business proposal 1 2 We develop efficient end-to-end solutions that With our global footprint we can offer both local and makes life easier for our customers global solutions and also help local companies to act global We have a very entrepreneurial Our deep integration into our clients W
Slide 15: Our end-to-end solution
Diversified customer base channelled into unified Our end-to-end solution processes creates opportunities for multi-sites and knowledge sharing which benefits our clients. Services PROCUREMENT & INBOUND SERVICES Automotive Electronics Consumers Retail Elanders’ Recipients customer segments PRODUCTIO
Slide 16: Elanders' major growth opportunities
Elanders’ major growth opportunities E-COMMERCE LIFE CYCLE MANAGEMENT OUTSOURCING ONLINE PRINT E-commerce penetration 1) Renewed Tech (ITAD) 2) % of logistics services that is outsourced 3) Print via e-commerce 4) Global e- 25 Outsourced Online print commerce US $ 130 20% 20% billion 20 30% 15 US $
Slide 17: Balanced mix of high-growth and durable customer segments
Balanced mix of high-growth and durable customer segments ~65% Less cyclical customers ELANDERS’ CUSTOMER SEGMENTS KEY HIGHLIGHTS Customer segment Growth opportunity Cyclicality Automotive Fashion 19% 28% Fashion High Low Electronics High Medium Industrial Automotive Medium High 12% Industrial Mediu
Slide 18: From end to end and beyond
c FROM END TO END AND BEYOND