Coor Service Management Holding Ab · OMXSTO:COOR
Coor Service Management Holding Ab — Q1 2025 Earnings Presentation
15 slides from Coor Service Management Holding Ab's earnings presentation, Apr 23, 2025
Slide 1: Interim report Q1 2025
Interim report Q1 2025 Apr 23, 2025 Ola Klingenborg, President and CEO Andreas Engdahl, CFO and IR Director
Slide 2: Agenda
Agenda Organic growth Q1 -2% • CEO introduction (2%) • Initial reflections • Market Adj EBITA- margin Q1 4.7% • Financials (5.1%) • P&L • Segments Cash conversion Q1 • Cash flow & Balance sheet LTM 81% (90%) • Key take aways
Slide 3: CEO introduction
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet CEO introduction • In-depth roadshow – initial reflections • Employees with high competence and drive, show great commitment and professionalism every day • Strong customer relationships buil
Slide 4: CEO introduction
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet CEO introduction • In-depth roadshow – initial reflections • Employees with high competence and drive, show great commitment and professionalism every day • Strong customer relationships buil
Slide 5: Stable market conditions, profitability and cash flow improved compared to previous quarter
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Stable market conditions, profitability and cash flow improved compared to previous quarter Business responsibility Q1 2025 Q4 2024 Q1 2024 LTM Mid-long term target Organic growth -2% -3% 2%
Slide 6: Net Sales and Adj. EBITA development
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Net Sales and Adj. EBITA development Q1 LTM Profit & Loss 2025 2024 Chg. 2025 2024 Net sales 3 052 3 124 -72 12 367 12 439 Adj. EBITA 144 160 -15 530 546 Adj. EBITA margin 4,7% 5,1% -0,4% 4,3
Slide 7: Implementation of simplified organisation
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Implementation of simplified organisation Implementation of a simplified organisation to reduce personnel expenses, affecting 130 positions and saving approximately SEK 120 million annually •
Slide 8: Sweden
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Sweden Improved margin compared to previous quarter, continued high focus on increased efficiency in workforce planning to strengthen profitability Organic Adj EBITA- Share of growth margin N
Slide 9: Denmark
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Denmark Improved margin compared to previous quarter, continued high focus on management and control Organic Adj EBITA- Share of growth margin Net Sales 23% -4.8% 4.8% (LY -4%) (LY 4,9%) Q1 2
Slide 10: Norway
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Norway Organic growth from high variable volumes, adjusted EBITA and margin stable Organic Adj EBITA- Share of growth margin Net Sales 18% 4.8% 3.7% (LY 8%) (LY 3,5%) Q1 2025 • Organic growth
Slide 11: Finland
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Finland Adj. EBITA and margin in line with last year Organic Adj EBITA- Share of growth margin Net Sales 5% -9.4% 0.3% (LY 4%) (LY 0.2%) Q1 2025 • Negative organic growth explained by a coupl
Slide 12: Cash flow and Balance sheet
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Cash flow and Balance sheet Decrease in leverage driven by reduction of working capital
Slide 13: Cash conversion
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Cash conversion Improved cash flow from 57% in Q4 2024 to 81% in Q1 2025 where effects from implemented actions is expected to fully restore cash conversion during 2025 Reported Target Ac Q4
Slide 14: Key take aways
CEO introduction Financials Key take aways Initial reflections Market P&L Segments Cash flow & Balance sheet Key take aways Focus remains on maintaining strong service delivery to our customers while also strengthening our operational efficiency and profitability • Still see a stable market, and Coo
Slide 15: Q&A
Q&A Coor aims to create the happiest, healthiest and most prosperous workplace environments in the Nordic region We strive tirelessly to build the teams and full-service solutions that enable our customers to do what they do best
Coor Service Management Holding — Q1 2025 Earnings Presentation on 6ix