Eltel Ab · OMXSTO:ELTEL

Eltel Ab — Investor Presentation (June 2020)

17 slides from Eltel Ab's investor presentation, June 2020

  1. Slide 1: Eltel AB Investor presentation June 2020

    Eltel AB Investor presentation June 2020

  2. Slide 2: Eltel in brief

    Eltel in brief Founded in 2001 We develop and maintain transmission, distribution and communication Leading Nordic field service provider networks. Operations throughout the Nordics, Lithuania, Poland and Germany Net sales EUR 1.1 billion, 6,700 employees UN Global Compact signatory since 2014 Liste

  3. Slide 3: Focus on segments

    Focus on segments Net sales Q1/2020 Power and Communication 5% 1% 8% The Nordics, Poland and Germany 27 % 14 % Grow in line with market, capitalise on trends, improve operational processes, make selective acquisitions, increase efficiency 20 % 25 % Sweden Finland Norway Denmark Germany Poland Other

  4. Slide 4: Eltel’s business

    Eltel’s business – driven by stable customers with long term investment needs Segments Drivers Power  Regulatory demands  Outsourcing  Ageing infrastructure  Increasing end-customer demands Communication  Technical shift 4

  5. Slide 5: Eltel AB Q1 2020 Presentation

    Eltel AB Q1 2020 Presentation 29 April 2020

  6. Slide 6: Today’s presenters

    Today’s presenters Casimir Lindholm Saila Miettinen-Lähde President and CEO CFO 6

  7. Slide 7: Highlights

    Highlights  Won five major frame agreements  Strong Net Working Capital development  Significantly reduced net debt compared to Q1 2019  Signed agreements to divest German Communication business and Swedish Aviation & Security  Improved operative EBITA  Limited COVID-19 impact in Q1  Secured

  8. Slide 8: Strong order intake

    Strong order intake Major frame agreements signed during and after the reporting period Month Tender value Customer Valid contract Segment Market Trends: EUR million length* • Larger contracts • Larger customers February EUR 22 million Vattenfall Eldistribution 2020-2022* Power Sweden • Concentrated

  9. Slide 9: Divestments

    Divestments  22 January 2020, agreement signed to divest Communication Germany – Strengthens balance sheet – Supports the Nordic focus  23 March 2020, agreement signed to divest Aviation & Security – Partly a result of the conditions stipulated in the new Security Protection Act – A transfer of th

  10. Slide 10: Large High Voltage and Power Transmission International projects

    Large High Voltage and Power Transmission International projects Project portfolio, EUR 43 million in estimated remaining value EUR,EUR, million million Year Months 60.0 50.0 40.0 30.0 20.0 10.0 0.0 2020 2021 2022 2023+ Reisadalen Krajnik SS Jasiniec - Pątnów Pelplin-Gdańsk Czarna-Pasikurowice Muza

  11. Slide 11: Total Group: Q1 2020

    Total Group: Q1 2020  Net sales -5.7% to EUR 236.6 million (251.0)  Organic growth in Power and Communication* -1.5%  Operative EBITA EUR -2.1 million (-3.0) Total Group  Operative EBITA margin -0.9% (-1.2)  Cash flow from operating activities EUR -4.7 million (-33.8)  Net debt** ended at EUR

  12. Slide 12: Net sales segments: Q1 2020

    Net sales segments: Q1 2020  Net sales -14.7% to EUR 74.2 million – Reduced volumes and projects delays in High Voltage, as anticipated – Lower volumes in Smart Grids Power – Ramp down of projects and Service business in Sweden – Finland partly offset the decrease thanks to new frame agreements and

  13. Slide 13: Operative EBITA segments: Q1 2020

    Operative EBITA segments: Q1 2020  Operative EBITA EUR -3.4 million (-4.2)  Operative EBITA margin -4.6% (-4.8) – Improved performance in Sweden Power ‒ Lower cost levels in High Voltage Germany ‒ Expected lower net sales in Smart Grids ‒ Cost increase in Finland relating to insufficient subcontra

  14. Slide 14: Going forward

    bet A ae 1) a Daeg - Going forward

  15. Slide 15: Focus in 2020

    Focus in 2020 Continued operational focus  Tender  Right people  Implementation & execution  High customer  Production planning satisfaction  Training  Engaged employees  Lower risk and fewer capital-intensive Strategic focus projects  Cash generation  Strengthen our position as the nr. 1

  16. Slide 16: Our transformation journey

    Our transformation journey 2017–2018 2019–2021 >2022 House in order Operational Excellence Investing in sustainable profitable growth • Reorganisation to strengthen • Prioritise core operational • Continued focus on focus on local markets improvements Operational Excellence • Increased focus on • Re

  17. Slide 17: Questions

    Questions

Eltel — Investor Presentation (June 2020) on 6ix