Addtech Ab Class B · OMXSTO:ADDT_B
Addtech Ab Class B — Q1 2022/2023 Earnings Presentation
14 slides from Addtech Ab Class B's earnings presentation, July 2022
Slide 1: Interim Report 1 April – 30 June 2022
INTERIM REPORT 1 APRIL – 30 JUNE 2022 Niklas Stenberg, President and CEO, and Malin Enarson, CFO
Slide 2: Quarter 1 Highlights
QUARTER 1 HIGHLIGHTS The strong business situation Net sales continued across the board SEK 4,376 m, +33% Organic sales growth of 17% Well‐handled inflationary pressure – the high margin levels remained High acquisition rate continues Order books strengthened further EBITA‐margin during th
Slide 3: Quarter 1: Net Sales Development
QUARTER 1: NET SALES DEVELOPMENT A VERY STRONG START TO THE NEW FINANCIAL YEAR IN ALL BUSINESS Net sales increased by 33% of which 17% was organic growth − Strong underlying demand in all important segments − Good delivery capacity despite continued supply chain disruptions − Extraordinary efforts
Slide 4: The High Earnings Growth Continued
QUARTER 1: EBITA DEVELOPMENT THE HIGH EARNINGS GROWTH CONTINUED 42% EBITA GROWTH − Strong growth in all business areas − Active efforts to offset high inflationary pressure − Operating margins remain at high levels − Favourable contribution from acquisitions 4
Slide 5: Strong Contribution from All Business Areas
QUARTER 1: BUSINESS AREA DEVELOPMENT STRONG CONTRIBUTION FROM ALL BUSINESS AREAS AUTOMATION ELECTRIFICATION ENERGY INDUSTRIAL SOLUTIONS PROCESS TECHNOLOGY Net sales SEK 761 m (593) +28% Net sales SEK 929 m (602) +54% Net sales SEK 1 251 m (937) +34% Net sales SEK 788 m (625) +26% Net sales SEK 654 m
Slide 6: Five Acquisitions During the First Quarter
FIVE ACQUISITIONS DURING THE FIRST QUARTER Acquisition Business area Access Net sales, SEKm* Employees* Additional one acquisition Intertrafo Oy Energy April 2022 30 15 after the period Electric Control Systems Automation AS Process Technology April 2022 75 31 In total SEK 530 m and 182 Impulser
Slide 7: Arruti – Elevates Our Position to Become a Global Supplier
ARUTTI – ELEVATES OUR POSITION TO BECOME A GLOBAL SUPPLIER IN A CLEAR GROWTH MARKET Arruti serves grid operators in Europe, parts of South America and Canada with components and equipment for electrical transmission lines and sub‐stations Positions us to become a leading supplier to grid operato
Slide 8: Financial Position
FINANCIAL POSITION 8
Slide 9: Result and Margins
RESULT AND MARGINS 3 months ending 12 months ending (SEKm) 30 June 22 30 June 21 30 June 22 31 Mar 21 Net Sales 4,376 3,279 15,135 14,038 Cost of sales & op. expenses ‐3,904 ‐2,951 ‐13,547 ‐12,594 Other operating items 10 4 63 57 Operating profit 482 332 1,651 1,501 Financial income & expenses ‐44 ‐
Slide 10: Cashflow
CASHFLOW 3 months ending 12 months ending R/RK remained high at 68% (SEKm) 30 June 22 30 June 21 30 June 22 31 Mar 22 − Positive effect from high margins and EBITA Profit after financial items 438 318 1,553 1,433 − Negative effects from necessary working capital Adj. for non cash items 184 131 647
Slide 11: Key Financial Indicators
KEY FINANCIAL INDICATORS (SEKm) 30 June 22 31 Mar 22 30 June 21 Total equity (SEKm) 4,826 4,259 3,627 Financial position remained strong Equity per share, SEK 16.50 14.60 12.60 − Equity ratio 34% (35%) Equity ratio, % 34 34 35 − Leverage 2.0 (2.0) Return on working capital (P/WC), % 68 69 56 − Gea
Slide 12: Five Areas with Structural Underlying Growth
FIVE AREAS WITH STRUCTURAL UNDERLYING 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 P
Slide 13: Summary
SUMMARY Very strong start to the new financial year − Continued strong customer demand in key segments – organic sales growth of 17% − Well‐handled inflationary pressure – the high operational margins remained − Order books were further strengthened − Five carefully selected acquisitions to streng
Slide 14: Q&A
Q&A 14